Stake$0 commission on US stocks, AUS stocks from AUD $3 per trade
- Published fee
- $0 commission on US stocks, AUS stocks from AUD $3 per trade
- Minimum deposit
- 0 AUD
Broker comparison
Stake vs.
Wealthsimple
Which broker fits your needs?
Platforms, products and fees side by side.
Checked on 22 October 2026
See comparisonStake
WealthsimpleVS
Summary
Your goal decides
Wealthsimple has a higher rating of 4.1/5 compared to Stake (4/5). Wealthsimple offers 3 instrument types, while Stake offers 2. Oversight: Stake: ASIC; Wealthsimple: IIROC. Stake: No. Wealthsimple: No. Wealthsimple has been in the market since 2014, making it the more experienced provider.
StakeAustralian neobroker for commission-free US and ASX stock trading
WealthsimpleCanadian neobroker with commission-free stock trading
At a glance
The key differences
| Criterion | Stake | Wealthsimple |
|---|---|---|
| Platforms | Stake App, Stake Web | Wealthsimple App, Wealthsimple Web |
| Product types | Stocks, ETFs | Stocks, ETFs, Crypto |
| Options trading | No | No |
| Fee model | $0 commission on US stocks, AUS stocks from AUD $3 per trade | CAD $0 commission on Canadian and US stocks, 1.5% FX fee (0% with Premium) |
| Minimum deposit | 0 AUD | 0 CAD |
| Regulation | ASIC | IIROC |
| More information | Details | Details |
Platforms
Stake
Stake App, Stake Web
Wealthsimple
Wealthsimple App, Wealthsimple Web
Product types
Stake
Stocks, ETFs
Wealthsimple
Stocks, ETFs, Crypto
Options trading
Stake
No
Wealthsimple
No
Fee model
Stake
$0 commission on US stocks, AUS stocks from AUD $3 per trade
Wealthsimple
CAD $0 commission on Canadian and US stocks, 1.5% FX fee (0% with Premium)
Minimum deposit
Stake
0 AUD
Wealthsimple
0 CAD
Regulation
Stake
ASIC
Wealthsimple
IIROC
Product access and costs depend on market, account and permissions.
Detailed comparison
Comparing fees
Compare total costs, not just the order fee.
StakeWealthsimpleCAD $0 commission on Canadian and US stocks, 1.5% FX fee (0% with Premium)
- Published fee
- CAD $0 commission on Canadian and US stocks, 1.5% FX fee (0% with Premium)
- Minimum deposit
- 0 CAD
The relevant costs depend on market, currency, order size and trading style.
Worked out
What does it actually cost?
Typical months at Stake and Wealthsimple, priced from their published fee schedules. Spreads, FX and exchange fees come on top depending on the venue.
| Scenario | Stake | Wealthsimple |
|---|---|---|
| ETF savings plan, ≈ €200 a month | A$3Standard A$3 per trade up to A$30k × 1 (no separate recurring-order fee listed) | CA$0Recurring investment, $0 commission (Core) × 1 |
| 10 stock buys of ≈ €1,000 a month | A$30ASX: A$3 per trade (up to A$30k) × 10 | CA$0Commission on Canadian listed securities $0 × 10 |
| 10 US option contracts a month | —Not offered on Stake AU pricing page | US$0Equity/ETF options: US$0 per contract × 10 (Core) |
| One BTC purchase of ≈ €1,000 | —Not offered (crypto ETFs only) | CA$80.5% × C$1,600 = C$8 plus an unpublished spread |
| Custody and account fee per year | —No account-fee statement confirmed on pricing page | CA$0Monthly account fee $0, inactivity $0 |
Checked on 22 October 2026. Prices can change; the current fee schedule is what counts. Sources: hellostake.com · wealthsimple.com · wealthsimple.com · wealthsimple.com
Execution quality
Order type, venue and liquidity affect execution.
StakeCheck the provider’s execution policy and available order types for your account.
Provider informationWealthsimpleCheck the provider’s execution policy and available order types for your account.
Provider informationProduct range
StakeStocksETFs
WealthsimpleStocksETFsCrypto
Categories come from broker profiles. Check specific markets and permissions before deciding.
Trading platforms
StakeStake App · Stake Web
Stake offers trading through the Stake App and Stake Web. The mobile app is the centerpiece of the offering, providing a simple, modern interface for buying and selling US and Australian stocks. The web platform complements the offering with an expanded portfolio overview. Both platforms are designed for user-friendliness, offering basic charting features and real-time quotes but no advanced analysis tools or screeners.
Explore platformWealthsimpleWealthsimple App · Wealthsimple Web
Wealthsimple offers trading through the Wealthsimple App and Wealthsimple Web. The app is the centerpiece of the platform, featuring an elegant, minimalist user interface for trading stocks, ETFs, and cryptocurrencies. The web platform complements the offering with portfolio overview and account management. Both platforms seamlessly integrate the robo-advisor service. Advanced charting or analysis tools are not offered.
Explore platformStake
Stakeshop Pty Ltd (ACN 610 105 505), authorised representative 1241398 of Stakeshop AFSL Pty Ltd (AFSL 548196); US shares custodied by DriveWealth
- Supervisor
- ASIC
Wealthsimple
Wealthsimple Investments Inc. (WSII)
- Supervisor
- CIRO
Regulation does not protect against market losses. What counts is the entity you sign the contract with.
Your investor profile
Who might it suit?
StakeAustralian neobroker for commission-free US and ASX stock trading
- Commission-free US stock trading
- Access to Wall Street and ASX in one app
- Simple, modern app
- Primarily for Australian customers
- FX fees for US stock trading
WealthsimpleCanadian neobroker with commission-free stock trading
- Commission-free stock and ETF trading
- Very user-friendly app
- Fractional shares available
- Only available for Canadian customers
- 1.5% FX fee on US stocks (without Premium)
Find the broker that fits
Stake oder Wealthsimple?
Side by side. Decided with knowledge.
See the differences that matter, and the Academy lessons that explain them.
VS
- Fees
- Platform
- Regulation
- Matching lessons
Two brokers. Many options. Your call.
Stake and Wealthsimple do not earn the same way
The table shows what they cost. These lessons show how they earn, which is what the difference is made of.
Your questions
Frequently asked questions
How do fees differ between Stake and Wealthsimple?
Stake: $0 commission on US stocks, AUS stocks from AUD $3 per trade. Wealthsimple: CAD $0 commission on Canadian and US stocks, 1.5% FX fee (0% with Premium). Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: Stake or Wealthsimple?
Stake offers Stocks, ETFs. Wealthsimple offers Stocks, ETFs, Crypto.
How are Stake and Wealthsimple regulated?
The broker profiles list ASIC for Stake and IIROC for Wealthsimple. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is Stake or Wealthsimple better for beginners?
Stake lists a 0 AUD minimum deposit and offers Stake App, Stake Web. Wealthsimple lists 0 CAD and offers Wealthsimple App, Wealthsimple Web. Compare usability, available products and costs for your intended use.
Stake vs Wealthsimple: Which broker is better overall?
The choice between Stake (4/5, 800 reviews) and Wealthsimple (4.1/5, 1700 reviews) depends on your needs. Stake: Australian neobroker for commission-free US and ASX stock trading. Wealthsimple: Canadian neobroker with commission-free stock trading.
Your next step
Your next step
StakeAustralian neobroker for commission-free US and ASX stock trading
Open accountRead reviewWealthsimpleCanadian neobroker with commission-free stock trading
Open accountRead reviewKeep learning
Before you pick a broker
The guides worth reading before your first trade, whichever of the two you choose.