Robo Advisor comparison
Bloom Impact vs Spaceship Voyager
Bloom Impact and Spaceship Voyager are both Australian robo-advice platforms, but they serve very different investors. Bloom is a climate-focused managed fund with a flat $4.50/month fee and a $500 minimum, while Spaceship Voyager is a broader managed fund offering US shares and ETFs for $3/month with no minimum deposit. The biggest practical difference: Spaceship lets you invest in US stocks directly; Bloom only offers its own impact-themed managed portfolios.
Choose
Bloom Impact
if…
- ›You want your super and investments aligned with climate impact — Bloom's entire portfolio is built around sustainability and carbon reduction.
- ›You're comfortable with a $500 minimum deposit and a flat $4.50/month fee regardless of balance.
- ›You need a trust, company, or SMSF account — Bloom supports all three; Spaceship only offers individual accounts.
- ›You want dividend reinvestment included — Bloom offers DRP, Spaceship does not.
- ›You prefer a smaller, independent Australian fintech over a global group (eToro) ownership structure.
Choose
Spaceship Voyager
if…
- ›You want to invest in US shares and ETFs with fractional shares — Spaceship offers this; Bloom only offers managed portfolios.
- ›You want to start with zero minimum deposit and pay a lower monthly fee ($3 vs $4.50).
- ›You want faster withdrawals — Spaceship processes redemptions in 1-2 business days versus Bloom's 3-5 days.
- ›You value phone and live chat support — Spaceship offers phone, live chat, and in-app chat; Bloom is email and in-app only.
- ›You want a CGT report included — Spaceship provides one; Bloom does not.
Where they differ
| Fact | Bloom Impact | Spaceship Voyager |
|---|---|---|
| Monthly platform fee | $4.50/month | $3/month |
| Minimum initial deposit | $500 | $0 |
| US shares & ETFs | Not offered | Yes (with fractional shares) |
| Account types | Individual, company, trust, SMSF | Individual only |
| Withdrawal time | 3-5 business days | 1-2 business days |
Verdict
Choose Bloom for climate-focused investing with broader account types; choose Spaceship for cheaper US stock exposure and lower barriers to entry.
All data points side-by-side
Every verified fact for both platforms. Differences are highlighted.
| Field | Bloom Impact | Spaceship Voyager |
|---|---|---|
| account structure | ||
| CHESS sponsorship model | custodian | custodian |
| Individual account | Yes | Yes |
| Joint account | — | No |
| Company account | Yes | No |
| Trust account | Yes | No |
| SMSF account | Yes | No |
| Kids / minor account | — | No |
| asset coverage | ||
| ASX shares supported | No | No |
| ASX ETFs supported | No | No |
| US shares supported | No | Yes |
| US ETFs supported | No | Yes |
| Other markets supported | ||
| Fractional shares (ASX) | — | No |
| Fractional shares (US) | — | Yes |
| Options trading | No | No |
| CFDs supported | No | No |
| Managed funds | Yes | Yes |
| Bonds supported | No | No |
| IPO access | No | No |
| costs hidden | ||
| FX spread (AUD/USD) | — | 0.7% |
| Holds USD account | No | No |
| FX currency switch trick | — | No |
| Market data fees | — | $0/month |
| Conditional order fees | — | $0 |
| Phone trade surcharge | — | $0 |
| Corporate action fees | — | Voyager: managed fund structure means corporate actions are handled inside the fund — no investor-level corporate action fees. US Investing: voting and mandatory corporate actions including dividends are free; Voluntary Corporate Actions (VCA) fee of US$100 per action processed. |
| costs visible | ||
| ASX brokerage minimum | — | $0 |
| ASX brokerage percentage | — | 0% |
| ASX free trade conditions | — | No brokerage applies to Voyager portfolios; investments are made via unit-trust managed funds with no transactional fees, regardless of order size. |
| US brokerage minimum | — | US$0 |
| US brokerage percentage | — | 0% |
| Monthly platform fee | $4.5/month | $3/month |
| Annual platform fee | $54/year | $36/year |
| Inactivity fee | — | $0 |
| Withdrawal fee (AUD) | — | $0 |
| Off-market transfer fee | — | $0 |
| identity and trust | ||
| Legal entity name | Bloom Impact Investment Services Pty Ltd | Spaceship Capital Limited |
| AFSL number | 514,360 | 501,605 |
| Year founded | 2,022 | 2,017 |
| Parent / ownership | Independent / privately held (founders Camille Socquet-Clerc and Bertrand Caron); seed investors including angel investors and ex-FutureSuper founder Adam Verwey as Executive Director | eToro Group Limited (acquired Spaceship 2024, fully owned subsidiary) |
| Country of incorporation | AU | AU |
| Public company status | private | public |
| money movement | ||
| Minimum initial deposit | $500 | $0 |
| Minimum subsequent purchase | — | $0 |
| Deposit methods | bank transfer, direct debit | Direct debit, PayTo |
| Settlement period | T+3 | Voyager: T+1/T+2 unit pricing (managed fund). US Investing: T+1 (US standard). |
| Withdrawal time | 3-5 business days | 1-2 business days from redemption request to funds in available money balance; additional bank transfer time to external account. |
| platform ux | ||
| iOS app | Yes | Yes |
| Android app | Yes | Yes |
| Desktop platform | No | No |
| Demo account | No | No |
| Free real-time market data | — | No |
| Free research reports | No | No |
| 2FA support | SMS only | SMS + PIN |
| Customer support channels | email, in-app | Email, Phone, Live chat, In-app chat |
| Support hours (AU time) | Business hours (Mon-Fri AET) | Monday to Friday 8:30am - 5:30pm Sydney time (business days only) |
| Education content | basic articles | basic articles |
| tax and reporting | ||
| Australian tax statement | Yes | Yes |
| Distribution component breakdown | Yes | Yes |
| CGT calculator / report | — | Yes |
| Sharesight / Navexa integration | — | No |
| trading mechanics | ||
| Market orders | — | Yes |
| Stop loss orders | — | No |
| Conditional orders | — | No |
| Auto-invest / DCA | Yes | Yes |
| Auto-invest sophistication | single asset | weighted |
| DRP (dividend reinvestment) | Yes | No |
| After-hours / overnight trading | — | No |