How do I open a trading account in the name of my trust?
Before you open a trust account with Superhero, you’ll need to open a personal trading account.
Once your trading account has been opened and verified, you can open a trust account.
Please note, you must be a Director of the Corporate Trustee in order to set up a Trust account with Superhero. You can only open a Superhero account with your Trust if you have a company trustee.
To open a Superhero account for your Trust:
- Log in to your Superhero account
- Go to the Profile tab and select Add New Account
- Select Company (incl Corporate Trustee)
- Provide your ACN and select Yes under Corporate Trustee
- Select Family Trust and fill out the details of your Family Trust including the details of all Company Directors
- Upload your Trust Deed for verification
We will notify you via email and/or SMS when your account has been verified and you’re ready to start investing.
If you already hold shares with another broker for your trust account, you can transfer your shares to Superhero once you have set up and verified your account.
How long does it take to verify my trust account?
Typically, it will take 1-2 business days to verify a trust account.
In some instances, we may require further documentation which can take 1-5 business days to verify.