Stake

4.0(800 reviews)

Australian neobroker for commission-free US and ASX stock trading

ASIC RegulatedSince 2017

Trust Score

Very Good

Ready in 2 minutes

* 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

Instruments

ASIC

Regulation

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.