April 14, 2024
Introducing $2 Trades
Our mission has always been to make investing more accessible, affordable and understandable. With your unwavering support, almost 300,000 investors now have approximately $2 billion invested on Superhero. As we evolve from a new kid on the block to one of New Zealand’s leading investment platforms, we’re announcing changes to our pricing to proudly ensure…
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Our mission has always been to make investing more accessible, affordable and understandable. With your unwavering support, almost 300,000 investors now have approximately $2 billion invested on Superhero.Â
As we evolve from a new kid on the block to one of New Zealand’s leading investment platforms, we're announcing changes to our pricing to proudly ensure we continue to provide you with only the best value.
These changes will take into effect beginning 15 April 2024 for AUS trades, and 1 May 2024 for Wall Street trades.
Changes to Superhero’s pricingÂ
Superhero’s new brokerage fees
We've brought down the cost of investing in the ASX and standardised our pricing to a single, consistent figure for every trade you make on Superhero, to keep things simple.Â
Here are the updated figures:
| Trades up to $20,000 | A$2 | US$2 |
| Trades over $20,000 | 0.01% of trade value | 0.01% of trade value |
Other fees may apply.
Yup, you can invest from just $2 across both AUS and Wall Street markets! (A$2 for AUS or US$2 for Wall St)
The new brokerage fees will be implemented on the respective dates across all securities on Superhero.
Lower minimum trade value on AU trades
From 15 April 2024, our minimum trade size for AU trades will also be lowered from A$100 to A$10. This is in line with our minimum trade size of US$10 for trades on Wall Street.
*AUD for AUS trades and USD for Wall Street trades.
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