Stake vs Webull
Discover the difference between Stake vs Webull and decide which platform is right for you.
What you get with Stake:
- $3 brokerage for all trades up to $30,000.
- You can earn 12 months of $0 brokerage by transferring your existing ASX shares to Stake (min A$1,000).
- A$10 trading credit and a bonus U.S. stock when you sign up and deposit within 24 hours. T&C’s apply.
Stake vs Webull Comparison
This comparison will help you choose the best stock 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 trade over 12,000 stocks and ETFs on the web or through Stake’s stock investing app.
Webull is a trading platform headquartered in the U.S., providing it’s users access to stocks, exchange-traded funds, margins and options. Investors in Australia can invest in stocks from the ASX, U.S. markets and Hong Kong on the Webull platform, via their desktop and mobile apps.
👉 If you want to learn about our pricing jump straight to the Stake fees.
How they compare: Stake vs Webull Comparison
Overview |
| Webull |
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Platform | Web, Android, iOS | Web, desktop app, mobile app (iOS & Android) |
CHESS sponsorship |
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Regulator | ASIC | ASIC |
Referral bonus |
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Signup bonus |
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Minimum deposit | A$0 | A$0 |
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. | ASX stocks - Min. A$4.90 or 0.03% |
U.S. brokerage | US$3 brokerage for all trades up to US$30,000. Or 0.01% for trades above US$30,000. | U.S. stocks - 0.025% (+ 0.0153% for sell trades) |
Minimum trade (AU) | $500 for the first trade as per the ASX minimum parcel rule | $500 for the first trade as per the ASX minimum parcel rule |
Minimum trade (U.S.) | US$10 | US$5 |
FX fee | 55bps | 50bps |
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) | Free stock transfer in (DTC) (fees may apple with your departing platform) |
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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Tradeable markets | ASX, CBOE, NASDAQ, NYSE | ASX, CBOE, NYSE, NASDAQ, HKEX |
Last reviewed: 13 November 2024. 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 brokerage
Transfer your shares from Webull to Stake (A$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
 | CommSec | CMC | Superhero | SelfWealth | |
|---|---|---|---|---|---|
ASX shares | |||||
Trades up to A$30,000 | A$3 | A$5 - A$29.95 or 0.12% (with CDIA, see CommSec pricing) | $0 brokerage on first buy order up to $1,000 | A$2 | A$9.50 |
Trades over A$30,000 | 0.01% | 0.12% (with CDIA, see CommSec pricing) | 0.11% | 0.01% | A$9.50 |
CHESS-sponsored |  | 
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ASX securities offered | Stocks, ETFs, exchange-traded bonds and hybrid securities | Stocks, ETFs, exchange-traded bonds and hybrid securities | Stocks, ETFs, exchange-traded bonds and hybrid securities | Stocks and ETFs only | Stocks, ETFs, exchange-traded bonds and hybrid securities |
U.S. shares | |||||
Trades up to US$30,000 | US$3 | US$5 or 0.12% | $0 | US$2 or 0.01% over US$20k | US$9.50 |
Trades over US$30,000 | 0.01% | 0.12% | $0 | 0.01% | US$9.50 |
FX Fee | 70bps | 0.55% | 0.60% | 70bps | 60bps |
U.S. securities offered | Stocks, ETFs and OTC securities | Stocks, ETFs and OTC securities | Stocks and ETFs only | Stocks and ETFs only | Stocks and ETFs only |
Extended Hours trading sessions | Pre-market and after hours | Overnight trading | Pre-market and after hours | N/A | Pre-market only |
Other | |||||
Custody / Inactivity fee | Nil | Nil | Nil | Nil | Nil |
Account types | Individual, Company, Trust and SMSF | Individual, Company, Trust and SMSF | Individual, Company, Trust and SMSF | Individual, Company, Trust and SMSF | Individual, Company, Trust and SMSF |
Last reviewed: 14 May 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.
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 Webull
Get started investing in minutes:
- Sign up with no paperwork on the Stake app or desktop
- Activate Stake Wall St, Stake AUS or both
- Deposit funds via bank transfer, credit/debit card or Apple Pay/Google Pay
Stake vs Webull FAQs
If you’ve currently got ASX or U.S. shares held with Webull, 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 either ‘AUS portfolio transfer’ for Australian shares or ‘Wall St portfolio transfer’ for U.S. shares. Then follow the prompts.
If you already have a Stake account and wish to transfer via desktop, you can head here. 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). Transfer a U.S. portfolio worth over US$500 and get a free Dropbox ($DBX) stock. Terms and conditions apply.
There are plenty of benefits to start investing with Stake over Webull, but here are just a few:
- A$3 brokerage on ASX trades up to A$30,000 instead of paying a minimum of A$4.90 (on Australian stocks). Plus, if you refer a friend to Stake you knock $1 off your brokerage for 12 months. This means that by successfully referring three friends, you can unlock $0 ASX brokerage on trades under A$30,000.
- A seamless and easy-to-use investing experience, whether you’re a starter or a pro.
- An award-winning investing platform owned and operated in Sydney, Australia.
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 Webull 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).