Share Trading comparison
eToro vs Superhero
The biggest practical difference between eToro and Superhero is that eToro charges zero brokerage on ASX trades while Superhero charges a flat $2. But that headline hides a deeper trade-off: eToro is a CFD-heavy platform with crypto and social trading, whereas Superhero is a cleaner, no-frills broker focused on straightforward ASX and US shares. Neither is CHESS-sponsored, so your holdings sit with a custodian on both platforms.
Choose
eToro
if…
- ›You want zero brokerage on ASX and US shares — eToro charges $0 on both, no minimum trade size required
- ›You want to trade crypto alongside shares in the same account, or use CFDs for leveraged exposure
- ›You want fractional shares on ASX stocks — eToro supports them, Superhero does not
- ›You want a demo account to practice trading before putting real money in
- ›You want to deposit via PayPal, credit card or Skrill — eToro accepts a wider range of payment methods
Choose
Superhero
if…
- ›You want to avoid CFDs and crypto entirely — Superhero is a pure equities broker with no leveraged products
- ›You want a kids / minor account — Superhero offers one, eToro does not
- ›You want Sharesight or Navexa integration for portfolio tracking — Superhero supports it, eToro doesn't
- ›You want to avoid any inactivity fees — Superhero charges $0, eToro charges $10 after a dormant period
- ›You're depositing smaller amounts regularly — Superhero's minimum is $100, but eToro's $50 minimum is actually lower here
Where they differ
| Fact | eToro | Superhero |
|---|---|---|
| ASX brokerage | $0 | $2 flat (up to $20,000) |
| US brokerage | $0 | $2 flat (up to ~$20,000) |
| FX spread (AUD/USD) | 0.0075% | 0.005% |
| Fractional shares (ASX) | Yes | No |
| Inactivity fee | $10 | $0 |
Verdict
Pick eToro for zero-fee ASX trading and crypto access; pick Superhero for a simpler, fee-free equities experience with kid accounts.
Cost calculator
What would eToro vs Superhero actually cost you?
Punch in your trade size and frequency. We'll do the full brokerage + FX + fees maths.
All data points side-by-side
Every verified fact for both platforms. Differences are highlighted.
| Field | eToro | Superhero |
|---|---|---|
| account structure | ||
| CHESS sponsorship model | custodian | custodian |
| Individual HIN | No | No |
| Individual account | Yes | Yes |
| Joint account | No | No |
| Company account | Yes | Yes |
| Trust account | Yes | Yes |
| SMSF account | Yes | Yes |
| Kids / minor account | No | Yes |
| asset coverage | ||
| ASX shares supported | Yes | Yes |
| ASX ETFs supported | Yes | Yes |
| US shares supported | Yes | Yes |
| US ETFs supported | Yes | Yes |
| Other markets supported | United States, United Kingdom, Germany, France, Hong Kong, Italy, Spain, Netherlands, Sweden, Belgium, Denmark, Norway, Finland, Switzerland, Portugal | |
| Fractional shares (ASX) | Yes | No |
| Fractional shares (US) | Yes | Yes |
| Options trading | No | No |
| CFDs supported | Yes | No |
| Crypto trading | Yes | — |
| Managed funds | No | No |
| Bonds supported | No | No |
| IPO access | No | — |
| costs hidden | ||
| FX spread (AUD/USD) | 0.75% | 0.5% |
| Holds USD account | Yes | No |
| FX currency switch trick | No | — |
| Market data fees | $0/month | $0/month |
| Conditional order fees | $0 | $0 |
| Corporate action fees | eToro passes through cash dividends from non-leveraged real positions (debit/credit to wallet). It does not facilitate participation in rights issues, share purchase plans (SPPs), DRPs or shareholder votes because shares are held in a managed investment scheme by the custodian, not in the user's name. No explicit fee, but corporate action access is materially restricted. | — |
| costs visible | ||
| ASX brokerage minimum | $0 | $2 |
| ASX brokerage percentage | 0% | 0.01% |
| ASX brokerage threshold | — | $20,000 |
| ASX free trade conditions | Zero commission applies to all non-leveraged (real) ASX share and ETF purchases. Leveraged / short positions are executed as CFDs and incur 0.15% open/close spread plus overnight financing. | — |
| US brokerage minimum | US$0 | US$2 |
| US brokerage percentage | 0% | 0.01% |
| Monthly platform fee | $0/month | $0/month |
| Annual platform fee | $0/year | $0/year |
| Inactivity fee | $10 | $0 |
| Withdrawal fee (AUD) | $0 | $0 |
| identity and trust | ||
| Legal entity name | eToro AUS Capital Limited | Superhero Securities Limited |
| AFSL number | 491,139 | 430,150 |
| AUSTRAC registration | Yes | — |
| Year founded | 2,017 | 2,020 |
| Parent / ownership | eToro Group Ltd (NASDAQ: ETOR) — listed 14 May 2025; originally founded in Israel by Yoni and Ronen Assia. eToro AUS Capital Limited is a wholly-owned Australian subsidiary. | Independent (founder-controlled). Previously merged into Swyftx in 2022; demerger completed December 2022 returning ownership to co-founders John Winters and Wayne Baskin. |
| Country of incorporation | Australia | AU |
| Public company status | public | private |
| money movement | ||
| Minimum initial deposit | $50 | $100 |
| Minimum subsequent purchase | $50 | $100 |
| Deposit methods | Bank transfer, Debit card, Credit card, PayPal, Skrill, Neteller, POLi, Online banking | PayID, BPAY, bank transfer |
| Settlement period | T+2 ASX, T+1 US (settlement managed by the eToro Service custodian; user funds reflect immediately in eToro wallet) | T+2 for ASX, T+1 for US |
| Withdrawal time | 1-2 business days for eToro processing; total 2-10 business days end-to-end depending on payment method (bank transfer longer than card) | 1-3 business days |
| platform ux | ||
| iOS app | Yes | Yes |
| Android app | Yes | Yes |
| Desktop platform | No | No |
| Demo account | Yes | No |
| Free real-time market data | Yes | Yes |
| Free research reports | No | No |
| 2FA support | SMS + authenticator app | SMS |
| Customer support channels | Live chat (Club members only), Email / web ticket, Help centre | email, in-app chat |
| Support hours (AU time) | — | Monday-Friday 9:00am-5:00pm AEST |
| Education content | video + courses | basic |
| tax and reporting | ||
| Australian tax statement | Yes | Yes |
| CGT calculator / report | Yes | Yes |
| Sharesight / Navexa integration | No | Yes |
| trading mechanics | ||
| Market orders | Yes | Yes |
| Limit orders | Yes | Yes |
| Stop loss orders | Yes | Yes |
| Conditional orders | Yes | — |
| Auto-invest / DCA | Yes | Yes |
| Auto-invest sophistication | multiple | multiple |
| DRP (dividend reinvestment) | No | No |
| After-hours / overnight trading | No | No |