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Keeping your Stake account secure

Mobile 2FA, insurance and strict data protection measures to ensure your Stake account is secure.

At Stake, our number one priority is to ensure the safety and security of your account. We work with world-leading technology and data storage partners to ensure your information and assets are protected at all stages and to high standards.

2-Factor Authentication

To enhance the security of your account, all Stake customers are required to set up 2FA via SMS verification. 2FA adds an extra layer of protection by requiring you to input a security code when accessing Stake via web or on the app.

For the maximum level of security, we recommend using 2FA through a device authenticator app such as Google Authenticator or Authy. This requires your specific device to be used to access your account.

2FA will also be used to complete key account actions, such as withdrawing funds or changing personal information.

Additional Account Security

Our technology also enables customers to set up biometric verification when accessing Stake through a mobile device. When logging on to the Stake app, you can use fingerprint or face ID as well as an account PIN.

SIPC Insurance on Wall St

Our U.S. broker, DriveWealth, LLC is a U.S. broker-dealer registered with FINRA (U.S. regulator) and is a member of the Securities Investor Protection Corporation (SIPC). Because DriveWealth is a member of SIPC, all customers with a brokerage account at DriveWealth get the benefit of protection of their holdings or cash through SIPC insurance, regardless of whether you are a U.S. citizen or not. This means customers' U.S. securities are protected for up to US$500,000, which includes up to $250,000 cash.. It’s important to note that SIPC protection is limited. It only protects customers’ cash and securities that are in their accounts when the member firm, in this case DriveWealth, goes into liquidation.

CHESS & HIN on the ASX

Stake is proud to be a CHESS-sponsored investing platform. When you purchase shares on Stake AUS, you get full legal ownership. The shares are held under your Holder Identification Number (HIN), which includes your name and tax file number. This direct record of ownership with the ASX provides you with direct access to your shares. This means you always retain ownership of your shares, even in the unlikely event that something happened to Stake.

Data

We work to meet the highest standards of the privacy regimes in Australia and all the markets we operate in when we collect and use your personal information. In terms of storing data, we work with Amazon Web Services and Google Cloud Platform to store your data securely. You can find more information about how we handle your personal information in our privacy policy here.

At Stake, the safety and security of your account is our top priority. Through partnerships with leading brokerage, technology and data storage providers, we maintain high standards to protect your assets and information throughout the entire process.


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Get $10 when you fund Stake AUS, a free US stock when you fund Stake Wall St. Do both, get both! Terms & Conditions.


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Stakeshop Pty Ltd, trading as Stake, ACN 610105505, is an authorised representative (Authorised Representative No. 1241398) of Sanlam Private Wealth Pty Ltd (Australian Financial Services Licence No. 337927) ('Sanlam') and an authorised representative (Authorised Representative No. 1241398) of Airwallex Pty Ltd (Australian Financial Services Licence No. 487221) ('Airwallex'). Stake is not authorised by Airwallex under Airwallex’s AFSL to arrange for clients to be issued with securities as Airwallex is not authorised under its AFSL for this purpose. Stake is not authorised by Sanlam under Sanlam’s AFSL to arrange for clients to be issued with a non-cash payment facility as Sanlam is not authorised under its AFSL for this purpose. Stake SMSF Pty Ltd (‘Stake Super’) is not licensed to provide financial product advice under the Corporations Act. This specifically applies to any financial products which are established if you instruct Stake Super to set up a self managed super fund (‘SMSF’). When you sign up to Stake Super, you are contracting with Stake SMSF Pty Ltd who will assist in the establishment of a SMSF under a ‘no advice model’. You will also be referred to Stakeshop Pty Ltd to enable your trading account and bank account to be set up in order to use the Stake Website and/or App. Stakeshop Pty Ltd will also run marketing and promotions to you under. For more information about SMSFs, see our SMSF Risks page.The information on our website or our mobile application is not intended to be an inducement, offer or solicitation to anyone in any jurisdiction in which Stake is not regulated or able to market its services. At Stake and Stake Super, we’re focused on giving you a better investing experience but we don’t take into account your personal objectives, circumstances or financial needs. Any advice given by Stake is of a general nature only. As investments carry risk, before making any investment decision, please consider if it’s right for you and seek appropriate taxation and legal advice. Please view our Financial Services GuideTerms & ConditionsPrivacy Policy and Disclaimers  before deciding to invest on or use Stake or Stake Super. By using our website or service in any way, you agree to our Privacy Policy and Terms & Conditions. All financial products involve risk and you should ensure you understand the risks involved as certain financial products may not be suitable to everyone. Past performance of any product described on this website is not a reliable indication of future performance. Stake and Stake Super are registered trademarks in Australia.

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