A year ago I signed up to Superhero because the referral https://superhe.ro/r/anthony6584 with code anthony6584 offered USD$10 (AUD$15) worth of Tesla shares for depositing AUD$100+ in the first 30 days. The $2 flat brokerage on ASX and US trades up to $20k sounded like the cheapest way to actually buy shares instead of just talking about it.
Twelve months later the account is active. I've made a bunch of small trades, the original Tesla shares are still there (up and down with the stock), and I've added more positions on both the Aussie and US side. The low fees definitely encouraged more activity than I would have done on a higher-cost platform. But the "cheap forever" story got a bit more nuanced once I started thinking about what happens if I ever want to leave or grow the account significantly.
Here's the no-bullshit version.
The Honeymoon Phase (Months 1-3)
The code worked. Deposit hit the threshold, the Tesla shares landed, and I felt like I'd hacked a fun welcome gift. First trades were cheap - literally $2 each. I bought a couple of ASX names I knew and one or two US stocks via the fractional option.
No monthly fees meant the account didn't feel like it was costing me just to exist. The app was clean enough for what I needed. I told a couple of mates about the referral and the $2 trades. It felt like the future of cheap investing.
The Tesla shares fluctuated immediately. Good reminder that "free" shares are still shares.
The Reality Check (Months 4-8)
Around the middle of the year I started looking at the full picture.
US trades have the $2 USD fee but the real hidden cost is the FX conversion every time you move money across. It's not outrageous, but it adds up if you're regularly topping up or rebalancing between markets.
More importantly, I started reading the fine print on leaving. Transfer-out fees of around $20 per security were mentioned in reviews and docs. For a portfolio with 8-10 holdings that's real money if you ever decide to move to a different broker for better tools or CHESS sponsorship or whatever.
Support was fine for basic questions. Anything involving verification updates or a small withdrawal query took longer than expected and went through anonymous-feeling tickets.
The platform stayed simple - which is great for small trades but started to feel limiting once I had more than a handful of positions and wanted better research or alerts.
What Actually Stuck (Months 9-12)
I kept using it for the things it was good at: cheap entry and exit on small-to-medium ASX trades and the occasional US name. I didn't move big money in because the exit costs and lack of direct ownership started to matter more in my head.
The original Tesla shares from the bonus are still sitting there as a reminder of how I got in. I've added to other positions with the $2 fees keeping the friction low.
I now treat Superhero as one of a couple of accounts rather than the only one. Low cost for activity, but I have a mental note about the transfer fees if the portfolio ever gets to a size where moving it makes sense.
The Honest Bits
- The $2 brokerage (and the Tesla shares bonus via anthony6584) are real and attractive for getting started and staying active on smaller trades.
- FX costs on US trading are the quiet killer of the "super cheap" narrative.
- Transfer-out fees exist and can add up if you have multiple holdings and ever want to leave.
- No monthly fees is genuinely nice compared to some micro apps.
- The app is basic. Fine for execution, less ideal if you want deep analysis or advanced features.
- Custodial structure (no traditional individual CHESS HIN on all accounts) is disclosed but worth understanding before parking serious money.
Who This Is Actually For After a Year
Good fit if you:
- Want genuinely low per-trade costs on ASX and US without ongoing account fees
- Trade in sizes where $2 is meaningfully cheaper than percentage-based alternatives
- Are happy with a simple app and don't need premium tools
- Signed up for the bonus and are using it as a low-friction starter or side account
Skip or use very selectively if:
- You plan to build a large portfolio and may want to move it later (exit costs bite)
- You need direct CHESS sponsorship or more sophisticated platform features
- You trade US stocks heavily (FX drag adds up)
- You value responsive support for every little thing
Final Verdict
The anthony6584 referral and Tesla shares bonus got me through the door and the $2 fees kept me trading more than I otherwise would have. After a year it's still useful for the right kind of activity, but I've become more aware of the trade-offs around US costs, potential exit fees, and the simple (but limited) toolset.
It's excellent at being a cheap on-ramp. Whether it stays your main broker depends on how your needs evolve and whether those $2 trades keep outweighing the other realities.
Still thinking about trying Superhero? Use https://superhe.ro/r/anthony6584 and code anthony6584. Deposit AUD$100+ in the first 30 days for the Tesla shares bonus if eligible. Great for low-cost starters; plan for what the full picture looks like after the honeymoon.
Claim the Superhero offer
Disclaimer: Offers, fees, brokerage, bonus eligibility, transfer costs, and terms are subject to change. Coupon CEO may earn a commission on qualifying sign-ups at no extra cost to you. This is personal experience, not financial advice. Share trading involves risk of loss. The Tesla shares bonus applies to eligible new users meeting the deposit condition. Always verify current fee schedule and terms before trading or transferring.
FAQ
Is Superhero still cheap after a year?
The $2 flat fee remains attractive for smaller trades. US trading has additional FX costs that become more noticeable with regular activity. No monthly account fees is still a plus.
Did the Tesla shares from the bonus hold up?
They fluctuated with the stock like any other holding. "Free" shares are still exposed to market moves immediately.
What are the real costs if I want to leave?
Reviews and docs point to around $20 per security for outgoing transfers. For a diversified small portfolio this can add up. Not relevant for most new users but worth knowing.
How is support after 12 months?
Basic stuff is usually fine. More complex issues (verification, account changes, disputes) often involve ticket systems with variable response times according to user reports.
Should I put larger amounts on Superhero long term?
Many users do for the fee structure. Others keep it for activity and move larger or long-term holdings elsewhere for ownership structure or features. Your call based on size and plans.
Any regrets after a full year?
Only underestimating the FX drag on US trades and not reading the transfer-out details earlier. Neither stopped me using it - just adjusted expectations.
Want the current referral and Tesla bonus? Go through https://superhe.ro/r/anthony6584 with code anthony6584 Claim the Superhero offer. Meet the deposit requirement in the first 30 days and confirm terms. The low fees are real; understand the full cost picture including potential exits.
