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$2 trades: Superhero opens a new front in the broker fee war

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Superhero has fired the latest salvo in the broker fee war as it chases investor dollars.

Street Talk can reveal the online share trading platform will on Monday announce the most significant changes to its pricing since its launch in 2020, slashing brokerage fees on Australian share trading to just $2 a trade.

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/2-trades-superhero-opens-a-new-front-in-the-broker-fee-war-20240411-p5fj1f