$0 Brokerage Trades – Terms and Conditions

These terms and conditions (Promotion T&Cs) apply to all Superhero campaigns (each a “Promotion”) in which Eligible Customers may receive $0 brokerage trades as a promotional reward (“$0 Brokerage Trades Offer”). By participating in any Promotion, you agree to be bound by these Promotion T&Cs as well as the Superhero Terms & Conditions.

The specific number of $0 brokerage trades (the “Promotional Reward”), the markets in which they apply, the eligibility criteria and any required actions will be set out in the promotional materials for the relevant campaign. If there is any inconsistency between these Promotion T&Cs and the promotional materials for a particular Promotion, these Promotion T&Cs will prevail to the extent of the inconsistency.

Definitions

“Business Days” refers to weekdays (Monday to Friday) excluding public holidays in New South Wales, Australia.

“Eligible Customer(s)” means:

• For new customer campaigns – an individual who has never previously held or signed up for any Superhero account; or
• For existing customer campaigns – an individual who has been directly invited by Superhero to participate in the Promotion, meets the campaign’s eligibility criteria, and holds an Eligible Superhero Account.
• The decision to offer a Promotion to any particular individual, including but not limited to existing customers, is at the sole and absolute discretion of Superhero. An individual will only be considered an Eligible Customer for a Promotion if they have been directly invited or offered the Promotion by Superhero, and have met all other campaign-specific criteria. Superhero is under no obligation to extend any Promotion to all existing customers.

“Eligible Trades” means, for the purposes of this Promotion only, trades placed through the Superhero platform that meet the criteria specified in the promotional materials for the relevant campaign. Unless otherwise stated in the promotional materials, Eligible Trades are buy and sell market orders for ASX-listed and US-listed securities, executed during the relevant Promotion Period. 

“Eligible Superhero Account(s)” refers to all account types offered by Superhero, including individual, minor, company, trust, and SMSF accounts.

“Promotional Reward” means a specified number of $0 brokerage trades credited as trading credits to the Eligible Customer’s Superhero account, which may only be applied to Eligible Trades in accordance with these Promotion T&Cs. 

“Qualifying Period” means the dates specified in the Promotion T&Cs during which Eligible Customers must satisfy the Trigger Action, which will cause the activation of the Promotional Reward. The Qualifying Period will usually fall within the Promotion Period.

“Promotion Period” means the dates specified in the Promotion T&Cs during which Eligible Customers must satisfy the Trigger Action, and following activation of the Promotional Reward, the time period during which the Promotional Reward must be used, otherwise any unused part of the Promotional Reward will automatically expire and will not be reinstated. 

“Superhero” refers to the promoter of the Promotion, Superhero Markets Pty Ltd (ABN 36 633 524 261) (CAR 1276309), an investment and superannuation platform

“Trigger Action” refers to the specific action(s) required to qualify for the Promotion, such as funding an account, setting up a recurring order, opening a new account type, or other actions as described in the promotional materials.

Unless otherwise stated in the promotional materials:

• Eligible Customers must complete the required Trigger Action within the Qualifying Period.
• $0 brokerage trades (Promotional Reward) granted under the Promotion must be both activated and used within thirty (30) calendar days of receiving the offer (the “Promotion Period”). 
• The default number of $0 brokerage trades is five (5). 
• Any unused portion of the Promotional Reward remaining after the Promotion Period will automatically expire and will not be reinstated.

Supplementary Terms

Each Promotion governed by these Terms may include additional campaign-specific terms (“Supplementary T&Cs”), which outline the applicable Trigger Action, number of Free Trades issued, relevant account types, and any exceptions to the default settings outlined in these Promotion T&Cs. In the event of any inconsistency between these Promotion T&Cs and the Supplementary T&Cs, the Supplementary T&Cs will prevail for that specific Promotion. 

Eligibility Criteria

1. To participate in the Promotion, you must:

• either (a) already hold an Eligible Superhero Account, or (b) successfully open a new Eligible Superhero Account in accordance with the campaign-specific terms described in the promotional materials;
• meet any additional campaign-specific eligibility requirements set out in the promotional materials; and
• complete the relevant Trigger Action within the Qualifying Period stated in the promotional materials.

1. For existing customers, only customers who have been directly offered the Promotion by Superhero are eligible to participate.
2. The Promotion is open to Australian residents aged 18 years or over.

Promotional Reward

1. The Promotional Reward consists of a specified number of $0 brokerage trades credited as trading credits to the Eligible Customer’s Superhero Account. Unless otherwise stated in the promotional materials, the Promotional Reward will be credited right after completion of the Trigger Action.
2. Each $0 brokerage trade within the Promotional Reward will be automatically applied to an Eligible Trade at the time of execution, until the total allocation of $0 brokerage trades is used or expires, whichever occurs first. Once the allocation is exhausted or has expired, standard brokerage fees will apply.
3. Eligible Customers must complete the Trigger Action and use the Promotional Reward within the Qualifying Period stated in the promotional materials. Once activated, each $0 brokerage trade will remain valid for 30 calendar days (Expiry Period), unless a different Expiry Period is specified in the promotional materials.
4. Promotional Rewards cannot be redeemed for cash, transferred, exchanged, or combined, and are limited to one allocation per Eligible Customer per campaign unless otherwise stated in the promotional materials.
5. Customers are responsible for any tax consequences that may arise from the receipt, redemption, or use of Promotional Rewards. Superhero does not provide tax advice, and customers should seek independent advice regarding any potential tax implications.

Restrictions

1. One allocation per customer: Promotional Rewards are limited to one allocation per Eligible Customer per campaign unless otherwise stated in the promotional materials.
2. Genuine use only: Promotional Rewards must be used for genuine trading activity by the Eligible Customer and cannot be sold, transferred, assigned, gifted, or combined with other accounts or customers.
3. Multiple accounts: New accounts created with the same mobile number, email address, or identity details as an existing Superhero Account will not be eligible for additional Promotional Rewards.
4. Eligible Trades only: $0 brokerage trades can only be applied to Eligible Trades as defined in these Promotion T&Cs and the relevant promotional materials. They cannot be applied to ineligible trade types such as past, cancelled, reversed, or failed trades, off-market transfers or FX transactions. 
5. Expiry and forfeiture: Any unused or expired $0 brokerage trades will be automatically forfeited and will not be reinstated, subject to the terms of the ‘Promotion Period’ stated in the promotional materials (or within 30 calendar days of receiving the offer, if no period is stated). 
6. Cap on use: Each $0 brokerage trade is applied to a single Eligible Trade only. 
7. Combining promotions: Unless expressly stated otherwise in the promotional materials, Promotional Rewards cannot be combined with or used in conjunction with any other Superhero promotions.
8. Fraud and abuse: Superhero reserves the right to review and investigate all trading activity and may suspend accounts, revoke Promotional Rewards, or take other action where it reasonably suspects misuse, fraud, or breach of these Promotion T&Cs. 

Termination and Changes

1. Right to suspend or amend: Superhero may suspend, amend, or terminate a Promotion or an Eligible Customer’s participation in a Promotion at its sole discretion and at any time.
2. Notice of changes: Any changes to a Promotion will be communicated to Eligible Customers and will only be made for valid reasons, including but not limited to compliance with applicable laws or regulatory guidance, operational requirements, unforeseen circumstances, or a breach of these Promotion T&Cs or the Superhero Terms & Conditions.
3. Impact on existing rewards: Unless required by law or regulatory guidance, changes to a Promotion will not affect Promotional Rewards that have already been credited to an Eligible Customer’s account.
4. Fraud, misuse, or breach: Superhero may review and investigate all trading activity and may suspend accounts, revoke Promotional Rewards, or take other action it considers appropriate in cases of suspected fraud, misuse, or breach of these Promotion T&Cs.
5. Final decision: Superhero’s decision in relation to any aspect of a Promotion is final and binding, and no correspondence will be entered into.
6. Variation of Eligible Trades: Superhero may, at its discretion, vary the definition of Eligible Trades applicable to a Promotion, including the types of trades or markets that qualify, provided that any such changes are made for valid reasons such as compliance with laws or regulations, operational requirements, or risk management. Any variation will apply prospectively and will not affect trades already executed using a Promotional Reward.

Legal

1. These Promotion T&Cs are governed by the laws of New South Wales, Australia, and are subject to the jurisdiction of the New South Wales Courts.
2. Superhero reserves the right to update these terms and conditions at any time without prior notice. If we modify these terms, we will post the modifications on the Superhero website and these revised terms will become effective at that time.
3. Agreement to these terms or continued participation in any Promotion after any modification constitutes consent to such modifications. 

Issued by Superhero Markets Pty Ltd (ABN 36 633 254 261) a Corporate Authorised Representative (CAR 1276309) of Superhero Securities Limited (ABN 96 160 456 315) (AFSL 430150) (Superhero Securities)(together ‘Superhero’).