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Last edited 4 years ago
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#Competitors
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Added 4 years ago

Just documenting a new trading platform competitor as I don't think it's been noted here. Superhero offer $5 trades and have a mobile app inspired by Robinhood. 

One thing that strikes me as hard to understand is their pricing model and value proposition - the two tiers don't make things feel simple.

Here's a write up from Rask Media a few weeks back:
https://www.raskmedia.com.au/2020/09/08/why-the-selfwealth-asxswf-share-price-fell-7-on-monday/

My sentiment echoes that of the article to see how things play out. In the short term, I'm keen to give this new platform a go.