Flying firmly on the coat-tails of US share-trading unicorn, Robin Hood, home-grown brokerage, Superhero, recently launched offering a $5 share-trading service with minimum investment lots of $100, thus democratizing trading on the ASX and allowing more people to participate.
Whilst not all in the investing community think this is a good idea, and point to highly-publicized personal tragedies associated with inexperienced investors using Robin Hood, there is likely to be a huge take-up of the Superhero service as barriers to investment come down & people seek higher returns.
Our friends at Finder review the offering: https://www.finder.com.au/superhero-is-this-australias-new-robinhood-trading-app-for-asx