Aussie women are more experienced at investing than men, says Superhero
Share trading and superannuation platform, Superhero, says that women have been investing for a longer time than men.
A recent survey conducted by Superhero found that 26% of women and only 15% of men have been investing for over five years.
“It was very interesting to see that the majority of our long term investors (more than five years experience) were women,” says Superhero co-founder and chief executive officer, John Winters.
While most long term investors were women, Superhero found that men made up most of the new investors in the last six months. Also, 35% of new investors were 18 to 24-year-olds.
Related: New to investing? The ATO wants a word
“Investing as a concept has grown tremendously in popularity over the last year or so which was made clear by 35 per cent of respondents noting they’d only started investing in the last six months,” says Winters.
But why are so many people starting to invest?
Well, the research found that new investors wanted to grow their money for various reasons. About 14% were building nest eggs, 18% were diversifying their assets, 11% wanted to retire early and 7% were saving a house deposit.
“2022 is shaping up to be a big year for investing. Our customers are looking to invest significantly and use the year to build their wealth – and they’re quickly realising that investing in shares is a smart way to grow wealth sustainably,” says Winters.
Right now of the 30+ share trading platforms being tracked in Mozo’s database like Saxo Markets, Tiger Brokers, CommSec Pocket and the Mozo Experts Choice Award’s Sharing Trading Platform of the Year (Casual) winner Stake.
Related: Online investing in Australia continues to grow
Thinking about investing? Before you get started, be sure to do some reading on some of the best share trading platforms in Australia as named in our 2022 Mozo Experts Choice Awards.
Or if you’re interested in comparing share trading accounts, check out our share trading account comparison table below.
Share account comparisons on Mozo - rates updated daily
Live Account
Small trade brokerage
Monthly fee
$5.00$0.00Superhero Live Account is trading for everybody. Zero brokerage when purchase ETFs and $5 when you sell, plus traders can get started with a minimum investment of just $100.
Live Account
Superhero Live Account is trading for everybody. Zero brokerage when purchase ETFs and $5 when you sell, plus traders can get started with a minimum investment of just $100.
- Monthly fee
- $0.00
- Monthly fee waiver
- -
- Special offers
- -
- Brokerage details
- Shares held in a consolidated HIN under Superheros name, ownership remains with share purchaser.
- Settle from any bank account
- Settlement account offered
- Superhero Wallet is a cash management account built into Superhero Account (held under NAB)
- Share pack
- Independent broker reports
- International markets
- Options
- CFDs
- Warrants
- IPOs
- Live data
- Market depth data
- Real time charting
Read our Mozo Review to learn more about the Live Account
Share Trading
Small trade brokerage
Monthly fee
$8.00$0.00ThinkMarkets offer an $8 flat fee share trading account with HIN ownership (CHESS sponsored) so you control your own shares plus free live price data and market depth.
Share Trading
ThinkMarkets offer an $8 flat fee share trading account with HIN ownership (CHESS sponsored) so you control your own shares plus free live price data and market depth.
- Monthly fee
- $0.00
- Monthly fee waiver
- -
- Special offers
- 10 free ASX trades when you open a new share trading account.
- Brokerage details
- $8 brokerage on trades up to $200,000, otherwise 0.05%
- Settle from any bank account
- Settlement account offered
- Option to link existing Macquarie Cash Management Account
- Share pack
- Independent broker reports
- International markets
- Options
- CFDs
- Warrants
- IPOs
- Live data
- Market depth data
- Real time charting
Read our Mozo Review to learn more about the Share Trading
Trading Account
Small trade brokerage
Monthly fee
$10.00$0.00Insights, recommendations and support for just $10 per trade under $1000. Get access to over 25 international markets. (See the CommSec page for details)
Trading Account
Insights, recommendations and support for just $10 per trade under $1000. Get access to over 25 international markets. (See the CommSec page for details)
- Monthly fee
- $0.00
- Monthly fee waiver
- -
- Special offers
- -
- Brokerage details
- Via CommSec Cash Account: $10.00 under $1,000, $19.95 between $1,001 and $10,000, $29.95 up to $25,000, then 0.12%. Via other account: $29.95 under $10,000, then 0.31%.
- Settle from any bank account
- Settlement account offered
- Commonwealth Direct Investment Account
- Share pack
- Independent broker reports
- (Aegis Research, $499 annually)
- International markets
- Options
- CFDs
- Warrants
- IPOs
- Live data
- Market depth data
- Real time charting
Read our Mozo Review to learn more about the Trading Account
Tiger Account
Small trade brokerage
Monthly fee
$6.49$0.00Tiger Brokers is an online broker listed on NASDAQ. It offers access to US, ASX & HK stocks, ETFs and US options trading. Enjoy $0 brokerage on US Stocks trading and ASX Stocks trading for 90 days with no minimum deposit required. (T&Cs apply - see website for full details. Limited time offer).
Tiger Account
Tiger Brokers is an online broker listed on NASDAQ. It offers access to US, ASX & HK stocks, ETFs and US options trading. Enjoy $0 brokerage on US Stocks trading and ASX Stocks trading for 90 days with no minimum deposit required. (T&Cs apply - see website for full details. Limited time offer).
- Monthly fee
- $0.00
- Monthly fee waiver
- -
- Special offers
- Receive a limited time offer of $0 brokerage on U.S. and ASX trades for 90 days for new accounts opened with a completed deposit or transfer shares. $10 Stock Voucher for new accounts.
- Brokerage details
- 0.05% of trade value, $2.50 minimum brokerage + $3.99 platform fee.
- Settle from any bank account
- Settlement account offered
- no
- Share pack
- Independent broker reports
- International markets
- Options
- CFDs
- Warrants
- IPOs
- Live data
- Market depth data
- Real time charting
Read our Mozo Review to learn more about the Tiger Account
Standard
Small trade brokerage
Monthly fee
$0.00$0.00CMC Markets Invest makes it easy to trade with a handy web and mobile platform, competitive pricing and thousands of securities. Buy Aussie and US shares from $0 brokerage (T&Cs apply - see website for full details).
Standard
CMC Markets Invest makes it easy to trade with a handy web and mobile platform, competitive pricing and thousands of securities. Buy Aussie and US shares from $0 brokerage (T&Cs apply - see website for full details).
- Monthly fee
- $0.00
- Monthly fee waiver
- -
- Special offers
- -
- Brokerage details
- $0 for trades up to $1,000. Greater of $11 and 0.1% for trades over $1,000.
- Settle from any bank account
- Settlement account offered
- CMC Markets Cash Account, no fees. Linked Suncorp or St George margin account
- Share pack
- Independent broker reports
- International markets
- Options
- CFDs
- Warrants
- IPOs
- Live data
- Market depth data
- Real time charting
Read our Mozo Review to learn more about the Standard
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