Webull Australia, a subsidiary of Webull Corporation, has launched a Self-Managed Superannuation Fund (SMSF) offering tailored for Australian investors. The new service integrates with Webull's trading platform and aims to simplify SMSF investing by removing monthly platform fees while delivering advanced functionality.
The platform provides $0 commission trading on Australian Securities Exchange (ASX) and United States Exchange-Traded Funds (ETFs), alongside live streaming ASX prices, free trade ideas, live customer support, and access to Webull’s Learning Centre. Additional tools include screening and charting capabilities designed to give users full control over their portfolios.
Webull’s SMSF solution is focused on cost efficiency for investors managing their superannuation independently. “Lower brokerage fees, commission-free trading on over 3,500 ETFs and zero monthly platform costs reduce the overall running expenses of an SMSF, which, in turn, can help investors improve the SMSF’s annual performance. Regulatory and other fees may apply,” the company noted.
Highlighting the need for functionality beyond basic trading, Rob Talevski, CEO of Webull Securities Australia, said: “While lower fees are attractive to SMSF investors, the usual payoff is a no-frills trading platform. But SMSF investors need more tools and more control, not less – for this reason, we’ve built a full-service suite that allows for institutional-grade cash management, professional trading tools and live support, alongside features that are associated with platforms that charge high monthly fees.”
Talevski added: “We believe that Webull offers the ultimate trading and investing portal to house and manage SMSF investors’ cash, equity, ETF, warrants and options holdings, allowing investors to log in and get full control over their investments.”
With listed shares and cash comprising the largest asset classes held by SMSFs in Australia, the offering aims to meet rising demand—particularly from younger investors—seeking flexible, low-cost solutions with high transparency.
More information is available at: www.webull.com.au/smsfs