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Superhero: accounts, costs, platforms, transfers and client protection

Superhero offers Australian and US securities through a custody model, with brokerage from A$2 or US$2 and separate currency-conversion charges. Its ordinary investing account and Super product have different legal, fee and cash-access rules.

By FXBrokers.ai ResearchOperating status: ActiveSources checked Published Updated
Profile scope

Australian and US custodial securities accounts; Superhero Super is a separate OneSuper product with its own trustee, fees and release conditions.

  • Australian and US trades cost A$2 or US$2 up to 20,000 in the respective market currency; larger trades use a 0.01% rate. FX is separate.
  • Australian securities are held through a pooled custody model rather than an individual CHESS HIN, which changes transfer and corporate-action mechanics.
  • The Wallet, brokerage account and Super product have separate withdrawal and legal conditions.
  • Superhero Markets operates as a corporate authorised representative of Superhero Securities; FinClear and Apex perform separate market/custody roles.

Accounts & headline costs

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Superhero Markets Pty Ltd is a corporate authorised representative of Superhero Securities Limited, the AFSL holder. Ordinary share investing uses custodial holdings. Superhero Super is a separate OneSuper sub-plan issued by Diversa Trustees, with Superhero Super Pty Ltd as promoter.[8][4]

Account comparison01

Account and service routes at a glance

Account and service routes at a glance
Account / serviceCustomer and legal scopePrincipal condition
Australian sharesRetail brokerage with pooled custodyBeneficial ownership rather than individual CHESS sponsorship.Source 2
US sharesSupported US securities and fractional investingFX and US custody terms apply.Source 8Source 10
Superhero SuperSuperannuation accountTrustee and product fees are separate from brokerage.Source 4
Minor / family arrangementsWhere supported by current onboardingBeneficial owner and controller roles must be documented.Source 1
Pricing & charges02

Brokerage, currency and product fees

Brokerage, currency and product fees
ItemPublished basisScope
Australian securitiesA$2 through A$20,000; 0.01% aboveMarket value is measured in AUD.Source 9Source 1
US securitiesUS$2 through US$20,000; 0.01% aboveOther market charges and currency conversion remain.Source 9Source 8
AUD/USD conversion50 basis pointsApplied on currency conversion, separately from each share trade.Source 1Source 8
Superhero Super administrationA$52/year plus 0.35%/yearInvestment-option and direct-investment fees are additional; MySuper has a separate fee schedule.Source 4

View full spreads & trading costs

Products & investment scope

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Specifications03

Products and ownership boundaries

Products and ownership boundaries
Product routePublished scopeBoundary
ASX securitiesShares and ETFs supported by the platformPooled custody.Source 8Source 2
US securitiesShares and ETFs, including fractions where supportedUS market and custody rules.Source 8Source 10
Super investmentsMenu available in the super productTrustee restrictions apply.Source 4

Fees & holding costs

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The trade commission excludes currency conversion and applicable market or regulatory charges. A fund also has its own expenses, while Superhero Super uses its separate product fee schedule.[1][4]

Pricing & charges04

Other account and transfer costs

Other account and transfer costs
ItemTreatment
InactivityThe published pricing page lists no inactivity fee.Source 1
Incoming portfolio transferNo Superhero incoming-transfer fee; the sending broker may charge.Source 3
Outgoing or off-market transferAdditional fees can apply; use the fee schedule linked in the trading documents.Source 3Source 5
Instant SettlementOptional availability and a separate fee; ordinary buying power is a different feature.Source 8

Platforms, orders & execution

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Platforms & products05

Orders and minimum sizes

Orders and minimum sizes
Market / controlPublished treatment
Australian securitiesWhole shares; minimum A$10 including brokerage, subject to the price of one share.Source 10
US securitiesFractions supported; minimum US$10 trade.Source 10
Market / limit ordersBoth are available. The guide gives limit orders a maximum 30-day pending period.Source 10
Corporate actionsOffers are administered through the custody route; use the deadline in the account’s notice.Source 2

An order instruction is not an execution guarantee. Venue hours, price limits, liquidity, partial fills, corporate actions and system availability can alter the result. A cancellation is effective only when the broker or venue acknowledges it; closing an app does not cancel an order already accepted.[10]

Funding, withdrawals & transfers

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Process06

Funding and use of sale proceeds

Funding and use of sale proceeds
StageTreatment
DepositPayID, PayTo and other supported bank-payment routes fund the investing account.Source 8
Same-market reinvestmentSale proceeds can provide immediate buying power within the same market.Source 8
Withdrawal / cross-market useOrdinary settlement applies unless eligible for the paid Instant Settlement feature; availability is conditional.Source 8
Super contributionsThe Super account is governed by its product and release conditions, separate from ordinary investing cash.Source 4
Transfer terms07

Portfolio-transfer mechanics

Portfolio-transfer mechanics
IssueTreatment
Australian transfer-inProvide matching account details, the sending HIN and the signed form. Received holdings use Superhero’s custodial structure.Source 3Source 2
EligibilityThe guide supports broker-to-broker transfers and excludes fractional shares.Source 3
TimingSuperhero estimates 5–10 business days; checks or the sending broker can delay completion.Source 3
Transfer-out / ownership changeStart with the receiving broker. Off-market ownership changes require additional forms.Source 3

Immediate buying power, an ordinary withdrawal and paid Instant Settlement are separate facilities. Check the cash status and any settlement fee shown before moving sale proceeds between markets or to a bank.[8]

Custody, regulation & client protection

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Protections & eligibility08

Operating, custody and protection roles

Operating, custody and protection roles
RoleProvider / boundary
Licence holder / representativeSuperhero Securities Limited, AFSL 430150; Superhero Markets Pty Ltd, CAR 1276309.Source 8
Australian securitiesFinClear holds legal title as sub-custodian; clients retain beneficial ownership. Australian trades still settle through CHESS.Source 2
US securitiesApex provides US custody and execution services.Source 2
National Guarantee FundClients cannot claim directly. Superhero may have a limited, capped claim for qualifying failures of its market participant. This is not market-loss cover.Source 2
Superhero SuperDiversa Trustees issues the OneSuper sub-plan; ordinary brokerage protections do not define the super product.Source 4

Support, complaints & security

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Process09

Support and complaints

Support and complaints
Route / stagePublished procedure
General help[email protected] or website live chat.Source 11
Complaint[email protected]; 1300 675 148, Monday–Friday 09:00–17:00 AEST.Source 11
AcknowledgementWithin one business day or as soon as practicable.Source 11
ResponseNormally within 30 calendar days for general complaints and 45 for Super. Death-benefit decisions have a distinct deadline.Source 11
EscalationAn unresolved complaint or qualifying delay can be referred to AFCA; the policy requires delay reasons and AFCA information.Source 11

A service channel is not automatically an emergency dealing desk. During an outage, the customer should use the published channel, preserve timestamps and order details, and confirm whether an instruction was accepted.[11]

Special services & tools

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Reference table10

Recurring orders and stock lending

Recurring orders and stock lending
FeatureTreatment
Auto InvestScheduled Australian share/ETF purchases; stopping the instruction does not sell existing holdings.Source 8
Stock lendingSuperhero says it does not lend customers’ securities.Source 2

Recurring instructions need sufficient available cash and remain subject to the trading rules. Changing a recurring plan is separate from selling investments or withdrawing settled funds.[10][8]

Company background

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The facts11

Superhero at a glance

Superhero at a glance
MeasureValueContext
AFSL holderSuperhero Securities Limited; Markets Pty Ltd is its corporate authorised representative.Source 8
Primary jurisdictionAustraliaSource 1
HeadquartersSydney, New South Wales, AustraliaSource 12
Founded2018; founders John Winters and Wayne Baskin.Source 12
PlatformsSuperhero web and mobile.Source 8
Reference table12

Service boundaries

Service boundaries
ServiceScope
InvestSelf-directed Australian and US securities.Source 8
SuperSeparate trustee, product menu and fees.Source 4
Headquarters
Sydney, New South Wales, Australia
Founded
2018
The companies behind the brand

Legal entities & licences

These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.

Superhero Securities Limited

AustraliaSource 8Source 11

No separate licence entry is recorded in this panel.

Follow the evidence

Sources & further reading

  1. Custody, execution and securities lending Superhero · Accessed 29 Oct 2026
  2. Share-transfer process Superhero · Accessed 29 Oct 2026
  3. Superhero Super service and fees Superhero · Accessed 29 Oct 2026
  4. Trading document index Superhero · Accessed 29 Oct 2026
  5. ASIC professional registers ASIC · Accessed 16 Oct 2026
  6. AFCA investment complaints AFCA · Accessed 16 Oct 2026
  7. Brokerage tiers introduced in 2024 Superhero · Accessed 29 Oct 2026
  8. Order sizes, types and fractional eligibility Superhero · Accessed 29 Oct 2026
  9. Complaints policy effective 18 October 2024 Superhero · Accessed 29 Oct 2026
  10. Company history and location Superhero · Accessed 29 Oct 2026

This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.

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