Can I open a Superhero account with my Company?
Yes, you can open a Superhero account with your Company.
You must be a Director of the company in order to set up a Company account with Superhero.
To open a Superhero account for your Company:
- Log in to your Superhero account
- Go to the Profile tab and select ‘Add New Account’
- Select Company (incl Corporate Trustee)
- Provide your ACN
- Select whether your company is a trustee of a trust or SMSF:
- If Yes, provide details of your trust and upload your trust deed
- If No, provide the details of your company and company directors
Your account will then be verified. We will notify you via email and/or SMS when your account has been verified and you’re ready to start investing.
If you already hold shares with another broker for your Company, you can transfer your shares to Superhero once you have set up and verified your account.
Can I set up an SMSF with Superhero?
Superhero is not a self-managed super fund (SMSF) provider. Once you have set up a self-managed super fund, you will be able to set up a Superhero account under your SMSF.
For more information on setting up a self-managed super fund visit the ATO website or the government’s moneysmart website.
Alternatively, you can join Superhero Super which provides you with up to 75% direct investment control without the need for an SMSF. You can learn more about Superhero Super here.
Can I open a Superhero account with my Trust?
Yes, you can open a Superhero account with your Trust if you have a company trustee (joint trustee and individual trustees coming soon).Â
You must be a Director of the Corporate Trustee in order to set up a Trust account with Superhero.
To open a Superhero account for your Trust:
- Log in to your Superhero account
- Go to the Profile tab and select Add New Account
- Select Company (incl Corporate Trustee)
- Provide your ACN and select Yes under Corporate Trustee
- Select Family Trust and fill out the details of your Family Trust including the details of all Company Directors
- Upload your Trust Deed for verification
Your account will then be verified (this may take a few days).
If you already hold shares with another broker for your Trust, you can transfer your shares to Superhero once you have set up and verified your account.
Can I open a Superhero account with my SMSF?
If you have an existing SMSF with a company trustee, you are able to open a Superhero account with your SMSF (joint trustee and individual trustees coming soon).
You must be a Director of the Corporate Trustee in order to set up an SMSF account with Superhero.
In order to create a trust account, you will need to have an existing individual account with Superhero. If you do not have a Superhero account, you can create an account.
To open a Superhero account for your SMSF:
- Log in to your Superhero account
- Go to the Profile tab and select Add New Account
- Select Company (incl Corporate Trustee)
- Provide your ACN and select Yes under Corporate Trustee
- Select SMSF and fill out the details of your SMSF including the details of all Company Directors
- Upload your Trust Deed for verification
Your account will then be verified. We will notify you via email and/or SMS when your account has been verified and you’re ready to start investing.
If you already hold shares with another broker for your SMSF, you can transfer your shares to Superhero once you have set up and verified your account.
Can I open an account for a minor (individual under the age of 18)?
Yes, you can open an account for a person under the age of 18. A Superhero minor account allows you to invest for your children.
In Australia, it is a legal requirement to be 18 years or over in order to invest in shares. If you would like to open a Superhero Account on behalf of a minor under the age of 18, the account will need to be opened in your name and will have a designation containing the minor’s name. Only you will have access to the account.
You can open more than one minor account.
For the avoidance of doubt, the individual who opens a Superhero Account for a minor under the age of 18 will be legally responsible for the operation of the account and for complying with these Terms and Conditions.
After a minor has reached 18 years of age they will be able to create their own Superhero Account. Once this has been done, Superhero can organise an off-market transfer of the assets from the minor account to the Superhero Account they have opened in their own name.
Steps for setting up a minor account:
- Click on the ‘Profile’ tab within your Superhero account.
- Click ‘Add Account’ followed by ‘Minor Account’ on the top of the page.
- Fill out the required fields and click ‘Create Account’.
- Once the account has been created, it will show up under your account types by clicking on your name on the top left. The format of the account will show as follows: <First Name Last Name A/C>.
