Stake vs Betashares Direct
Discover the difference between Stake vs Betashares Direct and decide which platform is right for you.
What you get with Stake:
- $3 brokerage for all trades up to $30,000. Simple and transparent, no hidden fees.
- Access to 12,000+ shares & ETFs across ASX and Wall St.
- You can earn 12 months of $0 brokerage by transferring your existing ASX shares to Stake (min A$1,000). T&C’s apply.
Stake vs Betashares Direct Comparison
This comparison will help you choose the best investing platform for your investing needs
Stake provides Australians with a seamless stock trading experience and access to Australian stocks (Stake AUS) and U.S. stocks (Stake Wall St) with simple and transparent fees. Investors can easily jump in and trade over 12,000 stocks and ETFs on the web or through Stake’s stock investing app.
Betashares Direct offers Australian investors a streamlined platform for direct investing into ASX-listed assets. It empowers investors to build and manage diversified portfolios seamlessly, while providing access to all Betashares ETFs, non-Betashares ETFs and 300+ ASX shares.
👉 If you want to learn about our pricing jump straight to the Stake fees.
How they compare: Stake vs Betashares Direct Comparison
Overview |
| Betashares Direct |
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Platform | Web, Android, iOS | Web, Android, iOS |
CHESS sponsorship |
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Regulator | ASIC | ASIC |
Referral bonus |
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Signup bonus |
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Instant Funding |
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Bank transfer |
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Credit/debit card funding |
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Apple Pay / Google Pay funding |
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Fees | ||
ASX brokerage | A$3 brokerage for all trades up to A$30,000. Or 0.01% for trades above A$30,000. | $0 brokerage on ASX ETFs and 300+ ASX shares |
U.S. brokerage | US$3 brokerage for all trades up to US$30,000. Or 0.01% for trades above US$30,000. | Do not offer U.S. securities |
Minimum trade (AU) | $500 for the first trade as per the ASX minimum parcel rule | The minimum trade value for a buy order is $10 due to Betashares Direct using a custodian model |
Minimum trade (U.S.) | US$10 | Do not offer U.S. securities |
FX fee | 55bps | n/a |
Transferring Australian shares (incoming) | Free (fees may apply with your departing platform) | Free fees may apply with your departing platform) |
Transferring U.S. shares (incoming) | Fees may apply (learn more) | n/a |
Securities | ||
Australian shares |
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International shares |
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ETFs |
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Recurring investments |
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Extended Hours trading |
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Fractional shares |
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OTC stocks |
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Tradeable markets | ASX, CBOE, NASDAQ, NYSE | ASX, CBOE |
Last reviewed: 6 March 2025. The information displayed in the investing platform comparison table is not exhaustive and is subject to changes. For up-to-date competitor pricing and product offerings, visit their website. See full pricing details for Stake.
Get 12 months of $0 ASX brokerage
Transfer your Australian shares from another platform to Stake (min $1,000+) and get 12 months of $0 ASX brokerage. Plus, bring US$500+ of U.S. shares to score a bonus Dropbox stock on us.
Rewards terms and conditions apply.
Transfer sharesHow we compare
Trade fees vs Other CHESS-sponsored brokers
Trade Amount |  | CommSec | NAB | SelfWealth |
|---|---|---|---|---|
$0 - $1,000 | $3 | $5.00 (with CDIA) | $9.95 | $9.50 |
$1,001 - $5,000 | $3 | $10.00 - $19.95 (with CDIA) | $14.95 | $9.50 |
$5,001 - $10,000 | $3 | $19.95 (with CDIA) | $19.95 | $9.50 |
$10,001 - $20,000 | $3 | $29.95 (with CDIA) | $19.95 | $9.50 |
$20,001 - $25,000 | $3 | $29.95 (with CDIA) | 0.11% | $9.50 |
$25,001 - $30,000 | $3 | 0.12% (with CDIA) | 0.11% | $9.50 |
$30,000+ | 0.01% | 0.12% (with CDIA) | 0.11% | $9.50 |
Last reviewed: 28 August 2024. The information displayed in the pricing comparison table is not exhaustive and is subject to changes. For up-to-date competitor pricing and product offerings, visit their websites. Please check our pricing PDF for details.
Learn more about the benefits of trading with a CHESS-sponsored platform.
The Australian Securities Exchange (ASX) requires a minimum investment of A$500 (excluding brokerage) when purchasing shares in any ASX-listed security for the first time. This is known as the ‘Minimum Marketable Parcel' (MMP) of shares. The MMP applies to all CHESS-sponsored trades.
Over 12,000 5-star reviews
As a former commsec user, I love how easy the app is to navigate and with ASX now available switching between markets is easy.
I've never written an App review before, but Stake really has continued to wow me.
I started using Stake for US trading, and recently (very easily) transferred my ASX portfolio across to utilise the cheap trades.
Switched from nabtrade. Much better experience. Far cheaper.
A well designed and easy to use app to trade on the USA and AUS markets.
A great alternative to Betashares Direct
Get started investing in minutes:
- Sign up with some ID and zero paperwork
- Add funds to your account
- Make your first investment
Stake vs Betashares Direct FAQs
No, Betashares Direct is not CHESS-sponsored.
According to the Betashares website, ‘Betashares has appointed Citigroup Pty Ltd as the custodian to hold investments on Betashares' behalf.’
With a custody structure, assets are held on your behalf by the custodian, in this case, Citigroup Pty Ltd. This still means you are the full beneficial owner of the shares you purchase on their platform. When signing up to Stake, CHESS-sponsorship automatically applies to your account and any ASX shares you buy on the platform will be held under your own name and HIN.
If you’ve currently got ASX shares or ETFs held with Betashares, you can easily bring them across to Stake from inside the app:
- Download the app and sign up to Stake
- Open the app and log into your Stake account
- Tap the ‘More’ icon on the bottom right
- Tap ‘Portfolio Transfers’ and then select ‘AUS portfolio transfer’. Then follow the prompts.
If you transfer Aussie stocks valued over A$1,000, you’ll unlock $0 brokerage on ASX trades for 12 months (capped at 10 trades/month). Terms and conditions apply.
There are plenty of benefits to start investing with Stake over Betashares, but here are just a few:
- Access to 12,000+ stocks and ETFs across the Australian and U.S. stock markets.
- Stake is CHESS-sponsored, which means when you invest on our platform the shares are held under your own name instead of the company’s share registry.
- Extended Hours trading provides Stake users with 16 total hours of market access per trading day on Wall St.
- Stake Rewards means you can earn bonus stocks and A$1 off your ASX brokerage for 12 months for each successful referral.
Each investing platform has its pros and cons when trading stocks in Australia. If you are still unsure which trading platform is right for you, refer to these alternatives to Betashares Direct and see how Stake compares.
Stake is regulated by ASIC in Australia. We’re an Authorised Representative (No. 1241398) of Stakeshop AFSL Pty Ltd (Australian Financial Services Licence no. 548196).
Stake is CHESS-sponsored, which means ASX shares purchased on the platform are held under your personal HIN. And on Stake Wall St, your U.S. shares are covered under SIPC protection for up to US$500,000 (including US$250,000 for claims for cash).
Betashares Direct does not have any brokerage fees when purchasing Betashares ETFs, non-Betashares ETFs or the 300+ ASX-listed shares available.
The platform does have fees for their custom portfolios and managed portfolios. For up-to-date pricing and product offerings, visit their website.