Superhero Trading Review Best Superhero claims to be homogenizing investing, making it available to everyone without having to resort to micro-investing platforms that sneakily have pretty high ongoing fees. Superhero aims to be a fintech market brat, shaking up the Australian investing landscape and helping those wanting to invest but feeling priced out of the market.
With over 300,000 retail investing accounts open in Australia across all platforms in the first half of 2021 alone, it is a booming industry – maybe superhero trading hours is FOMO, ‘Corona Cash’ handouts, super withdrawals or perhaps it is just TINA (There Is No Alternative) with interest rates so low – yet ut one thing is clear, lots of Aussies are want to invest, and Superhero is making it incredibly easy to do so.
Most of these retail investors early had to make a choice; open a clunky account with conventional banks investing division and pay eye-watering brokerage fees, deal with long waiting times and red tape, and have minimum $500 investment portions (which make brokerage a ridiculous % of your trade), participate in micro-investing platforms or try and find a sweet spot with a Fintech somewhere in among.
Superhero offers a persistence leading low brokerage of $5 per trade and a minimum trade size of only $100, with an easy-to-use platform to make investing available to everyone – this is pretty much Superhero’s core motto. superhero trading review reddit work a little separately from most conventional share trading platforms; their use of automation and new financial technology, as well as modern corporate and financial structures, allows them to operate with much lower costs and therefore pass the savings onto their buyer.
Debuting in October 2021, Superhero has already had investors sign up in the tens of thousands, all keen to clasp the primacy of Australia’s cheapest brokerage. Other brokerage platforms that are kind of similar to Superhero include trading platforms.