Spaceship Voyager has built a loyal following among young Australian investors — and it's easy to see why. Zero fees on balances under $100, a minimum investment of just $1, and portfolios focused on high-growth tech companies make it one of the most accessible investing apps available to Australians in 2026. But is it right for you? Here's our honest, detailed review.
What Is Spaceship Voyager?
Spaceship Voyager is an Australian micro-investing app that lets you invest in managed portfolios focused on technology and innovation companies. Unlike traditional managed funds, Spaceship targets companies that are "shaping the world of tomorrow" — think global tech giants, growth companies, and innovation-driven businesses.
Spaceship is an ASIC-regulated financial services company. Your investments are held in unlisted managed investment schemes, meaning they're legally separate from Spaceship's own corporate assets. Spaceship Capital Limited (ABN 67 621 011 649, AFSL 501251) is the Responsible Entity.
Since launching in 2017, Spaceship has grown substantially and now manages hundreds of millions of dollars for Australian investors. In 2026, Spaceship offers three core portfolio options plus superannuation.
Spaceship Voyager Portfolio Options
Spaceship offers three investment portfolios, each with a distinct focus:
| Portfolio | Focus | Risk Level | Top Holdings |
|---|---|---|---|
| Spaceship Universe | Global companies "shaping the world" | High | Apple, Microsoft, Alphabet, Amazon, NVIDIA |
| Spaceship Earth | Sustainable and responsible companies | High | ESG-screened global companies |
| Spaceship Origin | Index-style global diversification | Medium-High | Broad global market exposure |
Spaceship Universe Portfolio
This is Spaceship's flagship portfolio and the one most users choose. It invests in global companies that Spaceship's investment team believes are "shaping the world" — a deliberate tilt toward technology, innovation, and growth companies.
Top holdings in Universe typically include Apple, Microsoft, Alphabet (Google), Amazon, NVIDIA, Meta, and similar large-cap global tech companies. The portfolio has a significant US bias (~70–80% US exposure) with the remainder in other global markets.
The Universe portfolio delivered strong returns during the tech bull run of 2020–2021, underperformed during the 2022 tech selloff, and has recovered strongly since. This is a growth-tilted, higher-volatility portfolio — excellent for long-term (10+ year) investors comfortable with market swings.
Spaceship Earth Portfolio
Earth is Spaceship's ESG (Environmental, Social, Governance) option. It applies responsible investing screens to exclude companies that don't meet certain ethical standards, then invests in those that do. For investors who want market exposure without fossil fuel companies, weapons manufacturers, or other ethically questionable businesses, Earth provides a global diversified option.
Spaceship Origin Portfolio
Origin is Spaceship's most diversified portfolio — a broader global market exposure without the heavy technology tilt of Universe. It's more comparable to a global index fund approach and is appropriate for investors wanting international diversification without betting heavily on tech.
Of the three, Origin is the most conservative choice on Spaceship — though it's still classified as high growth and carries meaningful equity risk.
Spaceship Fees: Understanding the Cost Structure
Spaceship's fee structure is one of its most attractive features, particularly for beginners:
| Balance | Fee | Annual Cost on $1,000 |
|---|---|---|
| Under $100 | $0 — completely free | $0 |
| $100–$20,000+ | $2.50/month | $30/year |
| Over $20,000 | 0.10% per year billed monthly | $100 on $100k |
At $2.50/month for balances $100+, Spaceship is cheaper than Raiz ($3.50/month) for small to medium balances. The $0 fee for balances under $100 makes it one of the genuinely free entry points to investing in Australia.
Unlike most managed funds, Spaceship does not charge performance fees or brokerage. The management fee covers everything.
Fee Comparison at Different Balances
| Balance | Spaceship Annual Fee | Raiz Annual Fee |
|---|---|---|
| $500 | $30 (6.0%) | $42 (8.4%) |
| $2,000 | $30 (1.5%) | $42 (2.1%) |
| $10,000 | $30 (0.30%) | $42 (0.42%) |
| $25,000 | $25 (0.10%) | $68.75 (0.275%) |
| $100,000 | $100 (0.10%) | $275 (0.275%) |
Spaceship is cheaper than Raiz at virtually every balance level. At larger balances (over $20,000), Spaceship's 0.10% annual fee is significantly lower than Raiz's 0.275%.
Spaceship Super: Superannuation Inside the App
Spaceship also offers superannuation management through the same app. Spaceship Super lets you choose from the same portfolio options (Universe, Earth, Origin) for your superannuation, with the same growth-focused investment philosophy.
Fees for Spaceship Super: $0 on balances under $6,000, then 0.10% above that, plus a $2.50/month administration fee. The low fee structure is genuinely attractive for younger Australians with smaller super balances who want their super invested in growth assets.
Whether Spaceship Super is right for you depends on your existing super balance, employer contributions, and long-term plans. Always consider comparing with industry super funds before switching.
How to Start Investing with Spaceship Voyager
- Download the Spaceship app from the App Store or Google Play
- Sign up and verify your identity — passport or driver's licence, takes about 5 minutes
- Choose your portfolio — Universe (growth-tech focused), Earth (ESG), or Origin (broad global)
- Make your first deposit — minimum $1 via bank transfer. Invest at least $5 to start earning returns
- Set up a recurring deposit — weekly or monthly auto-transfers are how Spaceship works best
- Set up round-ups — like Raiz, Spaceship can round up your purchases and invest the difference
Spaceship Referral Bonus
Spaceship has an active referral program — both the person referring and the new user receive bonus units in their chosen Spaceship portfolio when the new user signs up with a referral code and makes their first qualifying deposit. The current bonus is typically $5–$30 in portfolio units depending on promotions running at the time.
To use a referral: enter the code in the Spaceship app under Account → Referrals → Enter Code within 14 days of signing up, then make a qualifying deposit within 90 days.
Spaceship App: User Experience
Spaceship's app is widely praised for its clean, intuitive design. Key features:
- Portfolio performance dashboard — see your total returns, gain/loss in dollars, and percentage return clearly
- Investment history — full log of every deposit and withdrawal
- Round-ups — connect your spending account and invest spare change automatically
- Scheduled deposits — set and forget weekly or monthly investments
- Portfolio breakdown — see exactly which companies you own and their weightings
- Holdings transparency — Spaceship publishes its portfolio holdings, so you can see exactly what you own
One genuine strength: Spaceship shows you the actual companies in your portfolio — you can see that you own Apple, Microsoft, Alphabet etc. This transparency makes the investment feel more tangible than opaque managed funds.
Spaceship Performance: What Returns Can You Expect?
Spaceship's Universe portfolio has historically delivered strong returns during tech bull markets and underperformed during tech selloffs. This reflects its heavy technology weighting.
Important caveats: past performance does not guarantee future results. Spaceship's portfolios are growth-oriented and carry significant equity risk. They are appropriate for long-term investors (5–10+ year horizon) who can withstand market volatility without panic-selling. This is general information, not financial advice.
Is Spaceship Voyager Safe?
Yes — Spaceship is an ASIC-regulated financial services company. Your investments are held in a legally separate managed investment scheme by Spaceship Capital Limited (AFSL 501251). This provides protection in the event of Spaceship's insolvency — your investment assets are separate from the company's own assets.
Spaceship uses bank-grade encryption (256-bit TLS) for data security and two-factor authentication for account access. It has been operating since 2017 and has processed hundreds of millions of dollars in transactions for Australian investors.
Spaceship Pros and Cons
| Pros | Cons |
|---|---|
| Free for balances under $100 | Only 3 portfolio options — less choice than Raiz |
| Lower fees than Raiz at all balance levels | Heavy tech/US bias in Universe portfolio |
| $1 minimum investment | No individual ETF or stock selection |
| Transparent holdings — see exactly what you own | Growth-focused portfolios carry higher risk |
| Clean, intuitive app design | Less feature-rich than Raiz (no Rewards program) |
| ESG option (Earth portfolio) | Super product less established than dedicated super funds |
| Round-ups and scheduled deposits | Limited to managed portfolio investing — no direct ETF access |
| ASIC regulated, transparent team | Referral bonuses are portfolio units, not cash |
Who Is Spaceship Best For?
Spaceship is excellent for:
- Beginners starting with very small amounts — $1 minimum, free under $100
- Investors who want exposure to global tech companies
- Cost-conscious investors — lowest fees of the major Australian micro-investing apps
- ESG investors wanting ethical portfolio options
- Long-term investors comfortable with growth-oriented portfolios
- Young Australians wanting to start super investing simply
Spaceship is less suitable for:
- Investors wanting conservative, low-risk options
- Those wanting a wide range of portfolio choices
- Investors who want direct ETF or share selection
- Anyone wanting cashback rewards programs (Raiz has this, Spaceship doesn't)
Frequently Asked Questions
Is Spaceship Voyager safe?
Yes — Spaceship is regulated by ASIC. Your investments are held in a legally separate managed investment scheme by Spaceship Capital Limited (AFSL 501251), protected even if the company faced financial difficulty. This is a legitimate, regulated investment product — read the PDS before investing.
How much can you make on Spaceship Voyager?
Returns depend on your portfolio choice, investment amount, and market conditions. Past returns are not a guarantee of future performance. Spaceship's Universe portfolio has a strong track record during tech bull markets but underperforms during tech selloffs. All investments carry risk including possible loss of capital.
Can I withdraw from Spaceship at any time?
Yes — you can make a withdrawal request at any time through the app. Withdrawals typically take 3–5 business days to process and reach your bank account. There are no withdrawal penalties, though capital gains tax may apply on investment gains.
What's the difference between Spaceship Universe, Earth and Origin?
Universe focuses on global companies "shaping the world" — heavily weighted to US tech. Earth applies ESG screens and invests in responsible companies. Origin is the broadest option, closest to a global market index. Universe suits those wanting tech/growth exposure; Earth suits ethical investors; Origin suits those wanting broad diversification.
Is Spaceship better than Raiz?
It depends on what you're looking for. Spaceship has lower fees and a $1 minimum. Raiz has more portfolio options, a cashback Rewards program, and the round-up feature works seamlessly. For pure cost efficiency, Spaceship wins. For features and portfolio diversity, Raiz wins. Many investors use both. See our full Raiz vs Spaceship comparison for a detailed breakdown.
Does Spaceship have a referral bonus?
Yes — Spaceship has an active referral program. New users who enter a referral code within 14 days of signup and make a qualifying deposit receive bonus portfolio units. The bonus value varies — check current promotions in the app. Both referrer and referee receive the bonus upon the new user's qualifying deposit.
Our Verdict on Spaceship Voyager
Spaceship Voyager is one of the best micro-investing apps available to Australians in 2026 — particularly for beginners and fee-conscious investors. The $1 minimum, free tier under $100, and simple three-portfolio structure make it genuinely accessible. The lower fee structure compared to Raiz is a real advantage, particularly for investors planning to grow their balance over time.
The main limitations are the smaller portfolio selection (just 3 options vs Raiz's 9) and the heavy tech concentration in Universe, which creates concentration risk. These are tradeoffs worth understanding before committing.
For Australian beginners who want to start investing in global growth companies with minimal cost and maximum simplicity, Spaceship Voyager is hard to beat. Start small, invest consistently, and let compounding do the work over time.
Rating: 4.4/5 — Best low-fee micro-investing app in Australia. Excellent for beginners and cost-conscious investors wanting global growth exposure.
⚠️ This review contains general information only and does not constitute financial advice. Read the Spaceship Product Disclosure Statement and consider your personal financial situation before investing. All investments carry risk including possible loss of capital.