Superhero launches U.S. trading

by

Superhero Team

July 5th 2021 3 minute read

40% of Australians under 45 now investing in shares.

Superhero has today launched $0 brokerage U.S. share trading, just nine months after the launch of its award-winning ASX-trading platform.

According to new research released by Aussie fintech Superhero, 39% of people aged 18-45 are already invested in Australian shares and 17% own U.S. shares.

A further 34% say they are interested in investing, with global companies like Apple, Tesla and Netflix at the top of most-wanted lists for U.S. shares.

“The past few years have seen a real shift towards investing in both Australian and U.S. shares, and we’ve had customers asking us when we were going to launch U.S. trading – almost from day one of launching Superhero,” Superhero co-founder and CEO John Winters said today.

“Our premium features, like real-time PayID funding and live market data for no extra cost, will now be coupled with real-time FX transfers so investors can invest in global markets in minutes, not days,” Mr Winters said.

U.S. trading with Nasdaq and Apex

Superhero has partnered with Apex Clearing Corporation to manage its U.S. brokerage and execution services.

The partnership will enable Superhero customers to trade in over 4,500 U.S. shares and ETFs, including fractional trading.

“Apex’s global scale, its reputation for innovation, and the power of its clearing and custody platform, made it an easy choice of partner for Superhero for U.S. trading,” Mr Winters said.

“We’re thrilled to provide access to U.S. markets on Superhero’s app, enabling more people to invest how they want – whether it be through fractional share trading or purchasing shares of companies they believe in,” said Bill Capuzzi, CEO of Apex Fintech Solutions.

“Superhero is an emerging player in the fintech industry and I’m looking forward to supporting their rapid expansion as they continue to democratise investing for the younger generations and everyday investors at large.”

Superhero has signed a deal with major U.S. exchange operator Nasdaq offering customers access to live U.S. market data.

“We are proud to be partnering with Nasdaq to offer live U.S. market data; it’s a name that’s synonymous with Wall Street,” Mr Winters said.

ends

Media contact: media@superhero.com.au

Images available on request.

Notes to Editors

Faster Horses conducted this research which is based on a nationally representative sample of N=1013 Australians between the age of 18-45 years. The data was collected from June 22-28, 2021, and has been weighted to be nationally representative of age, gender and location within this age group.

Background

Superhero is an Australian online share trading platform that aims to make investing accessible, understandable and affordable. Superhero’s ASX trading platform went live in September 2020 and now has 80,000 customers. By April 2021 had already won two Mozo Awards, for best low-cost ASX and ETF trading platform. www.superhero.com.au

Apex Clearing Apex Clearing is the fintech for fintechs powering innovation and the future of digital wealth management. Our proprietary enterprise-grade technology delivers speed, efficiency, and flexibility to firms ranging from innovative start-ups to blue-chip brands focused on transformation to capture a new generation of investors.

We help our clients provide the seamless digital experiences today’s consumers expect with the throughput and scalability needed by fast-growing, high-volume financial services businesses. Founded in 2012, Apex Clearing is registered with the SEC, a member of FINRA and a participant in SIPC. www.apexclearing.com

Nasdaq is a global technology company serving the capital markets and other industries. Its diverse offering of data, analytics, software and services enables clients to optimise and execute their business vision with confidence. www.nasdaq.com