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Bloom Impact

bloom-impact.com
At a glance
Monthly platform fee
$4.5/month
CHESS sponsorship model
custodian
ASX ETFs supported
No
Auto-invest / DCA
Yes

What it costs

Brokerage, account fees, withdrawal fees

Monthly platform fee
Recurring monthly account or platform fee.
$4.5/month
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Annual platform fee
Recurring annual account fee, where applicable.
$54/year
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Hidden costs

FX spreads, market data fees, currency switch tricks

Holds USD account
Whether the platform allows holding balances in USD without forced conversion.
No
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What you can buy

Markets, ETFs, options, crypto

ASX shares supported
Whether the platform supports trading of ASX-listed equities.
No
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ASX ETFs supported
Whether the platform supports ASX-listed ETFs.
No
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US shares supported
Whether the platform supports trading of US-listed equities.
No
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US ETFs supported
Whether the platform supports US-listed ETFs.
No
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Other markets supported
List of other international markets supported (UK, Europe, HK, Japan etc.).
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Options trading
Whether platform supports exchange-traded options.
No
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CFDs supported
Whether platform offers contracts for difference.
No
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Managed funds
Whether platform offers unlisted managed funds.
Yes
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Bonds supported
Whether platform offers direct bond trading.
No
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IPO access
Whether platform provides access to IPO subscriptions.
No
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How shares are held

CHESS sponsorship, custodian, account types

CHESS sponsorship model
Whether ASX shares are held under CHESS sponsorship (in user's name with own HIN), custodian (held in trust by broker), or mixed.
custodian
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Individual account
Whether platform supports individual (single-name) accounts.
Yes
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Company account
Whether platform supports company (Pty Ltd) accounts.
Yes
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Trust account
Whether platform supports family / discretionary trust accounts.
Yes
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SMSF account
Whether platform supports self-managed super fund accounts.
Yes
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Trading features

Auto-invest, conditional orders, after-hours

Auto-invest / DCA
Whether platform supports automatic recurring investment.
Yes
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Auto-invest sophistication
How sophisticated the auto-invest feature is.
single asset
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DRP (dividend reinvestment)
Whether platform passes through DRP elections to issuers.
Yes
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Tax & reporting

Statements, capital gains, integrations

Australian tax statement
Whether platform provides an Australian-format annual tax statement.
Yes
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Distribution component breakdown
Whether tax statement breaks down trust distributions into income / capital gains / franking components.
Yes
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Money in & out

Minimum deposits, methods, withdrawals

Minimum initial deposit
Minimum amount required for first ASX share/ETF purchase.
$500
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Deposit methods
Methods accepted to fund the account.
bank transfer, direct debit
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Settlement period
Settlement convention (e.g. T+2 for ASX, T+1 for US).
T+3
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Withdrawal time
Typical time from withdrawal request to funds in bank account.
3-5 business days
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Platform & support

Apps, education, security

iOS app
Whether platform offers an iOS app.
Yes
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Android app
Whether platform offers an Android app.
Yes
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Desktop platform
Whether platform offers an installable desktop application (vs. web only).
No
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Demo account
Whether platform offers a demo / paper trading account.
No
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Free research reports
Whether platform provides bundled professional research reports.
No
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2FA support
Type of two-factor authentication supported.
SMS only
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Customer support channels
Support channels offered (phone / email / live chat / in-app).
email, in-app
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Support hours (AU time)
Hours customer support is available in AET.
Business hours (Mon-Fri AET)
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Education content
Quality and depth of platform-provided educational content.
basic articles
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Trust & regulation

Entity, AFSL, parent

Legal entity name
Full registered legal name of the entity providing the platform.
Bloom Impact Investment Services Pty Ltd
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AFSL number
Australian Financial Services Licence number issued by ASIC.
514,360
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Year founded
Year the platform first offered services to Australian retail investors.
2,022
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Parent / ownership
Ultimate parent company or owner of the platform.
Independent / privately held (founders Camille Socquet-Clerc and Bertrand Caron); seed investors including angel investors and ex-FutureSuper founder Adam Verwey as Executive Director
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Country of incorporation
Country where the operating entity is incorporated.
AU
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Public company status
Whether the platform or its parent is publicly listed.
private
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Every fact above came from bloom-impact.com. Click "source" to see the exact page and quote we extracted from. Pricing changes often — verify on the platform before you commit.