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Stake

4.0(800 reviews)

Australian neobroker for commission-free US and ASX stock trading

ASIC RegulatedSince 2017
80
Trust Score
Very Good
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* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.

0 AUD
Min. Deposit
2
Instruments
ASIC
Regulation
2
Platforms

Key Features

Stocks

Stocks trading available

ETFs

ETFs trading available

Stake App

Trading Platform

Stake Web

Trading Platform

Advantages

  • Commission-free US stock trading
  • Access to Wall Street and ASX in one app
  • Simple, modern app

Disadvantages

  • Primarily for Australian customers
  • FX fees for US stock trading
  • No options or derivatives available

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* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.

About Stake

Stake was founded in 2017 in Sydney and is an Australian neobroker specializing in commission-free access to the US stock market and the Australian ASX market. As an ASIC-regulated provider, Stake enables Australian investors to directly access Wall Street and ASX in a single app, without commission fees. The product range focuses on stocks and ETFs. US stocks are tradable commission-free, while Australian stocks are available from AUD 3 per trade. There is no minimum deposit, making entry particularly easy. Options and derivatives are not offered. Stake is particularly suitable for Australian investors who want to invest in US stocks cost-effectively. The modern, simple app makes Stake the ideal choice for beginners. However, FX fees for currency conversion apply on US stocks, and the product range is limited compared to full-service brokers.

Stake FAQ

Can I really trade US stocks commission-free at Stake?
Yes, trading US stocks at Stake is commission-free. However, FX fees apply for the conversion from AUD to USD.
Is there a minimum deposit at Stake?
No, Stake does not require a minimum deposit. You can start investing with any amount.
Does Stake offer options trading?
No, Stake does not offer options trading or other derivatives. The offering focuses on stocks and ETFs.
Is Stake only available for Australian customers?
Stake primarily targets Australian customers but is also available in some other markets like the UK and New Zealand.
Strategies × Top Stocks

Popular Strategies to Try

Concrete example trades you can replicate after opening your account at Stake.

Tesla logo
Long Straddle
TSLA

Long Straddle · Tesla

Tesla Inc.

Highly volatile — no clear direction · highly volatile mover

IV 5095%View example trade
NVIDIA logo
Long Straddle
NVDA

Long Straddle · NVIDIA

NVIDIA Corporation

Highly volatile — no clear direction · volatile stock

IV 4080%View example trade
Apple logo
Covered Call
AAPL

Covered Call · Apple

Apple Inc.

Neutral to mildly bullish · calm stock

IV 2032%View example trade
SAP logo
Covered Call
SAP

Covered Call · SAP

SAP SE

Neutral to mildly bullish · calm stock

IV 1830%View example trade
Amazon logo
Cash-Secured Put
AMZN

Cash-Secured Put · Amazon

Amazon.com Inc.

Neutral to mildly bullish · medium-volatility stock

IV 2542%View example trade
S&P 500 ETF logo
Iron Condor
SPY

Iron Condor · S&P 500 ETF

SPDR S&P 500 ETF

Neutral / Sideways · calm stock

IV 1222%View example trade
Nasdaq-100 ETF logo
Iron Condor
QQQ

Iron Condor · Nasdaq-100 ETF

Invesco QQQ ETF (Nasdaq-100)

Neutral / Sideways · calm stock

IV 1628%View example trade
Palantir logo
Bull Call Spread
PLTR

Bull Call Spread · Palantir

Palantir Technologies Inc.

Bullish · highly volatile mover

IV 5590%View example trade
MicroStrategy logo
Bull Call Spread
MSTR

Bull Call Spread · MicroStrategy

MicroStrategy Inc.

Bullish · highly volatile mover

IV 85160%View example trade
Coinbase logo
Bear Put Spread
COIN

Bear Put Spread · Coinbase

Coinbase Global Inc.

Bearish · highly volatile mover

IV 65120%View example trade
Microsoft logo
Butterfly Strategy
MSFT

Butterfly Strategy · Microsoft

Microsoft Corporation

Neutral — stock expected to stay near the center strike · calm stock

IV 1830%View example trade
NVIDIA logo
Bull Call Spread
NVDA

Bull Call Spread · NVIDIA

NVIDIA Corporation

Bullish · volatile stock

IV 4080%View example trade