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Australia's lowest fees for CHESS-sponsored brokerage

$3 trades. 2,000+ ASX shares you can hold under your name.

“STAKE UNDERCUTS STOCKBROKING MARKET BY TWO-THIRDS”

“THE $3 COST FOR ASX BROKERAGE MAKES THE PLATFORM THE LOWEST-COST CHESS-SPONSORED OFFERING”

“A homegrown start-up that has helped “break down barriers” for Australians”

Stake is proud to be a chess-sponsored broker

When you invest on the ASX with Stake, you enjoy:

CHESS-sponsored investing

You’ll get your own HIN (Holder Identification Number) so shares are actually held in your name.

The lowest fees in town

$3 brokerage to trade 2,000+ ASX shares & ETFs.

A platform made for this century

A powerful yet easy-to-use experience on mobile and desktop, whether you’re a starter or a pro.

Fast digital transfers

Our patent-pending portfolio transfer process brings your shares to Stake in no time, with no paperwork.

FAQs


CHESS stands for Clearing House Electronic Subregister System. It was developed and is maintained by the Australian Securities Exchange (ASX). The CHESS system facilitates trades, settles funds following buys and sells and transfers legal ownership. Most importantly for our investors, CHESS-sponsored brokers like Stake allow positions to be held in an individual’s name.


Yes, Stake is proudly a CHESS-sponsored broker, allowing users to own shares under their own HIN.


By investing with a CHESS-sponsored broker, you’re given your own Holder Identification Number (HIN). Every position in your portfolio is then attributed to this HIN.


The main benefit of the CHESS-sponsored system is security, as it gives you direct ownership over your shares. Other brokers may hold shares on their own balance sheet and only attribute to you rights to a position, rather than full ownership. This is known as a custodian model and it means shares are not immediately attributable to an owner. Should custodian brokers face a shutdown, there may be delays before shares are returned to owners.


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1000's of 5-star app reviews

As a former commsec user, I love how easy the app is to navigate and and with ASX now available switching between markets is easy.

Folasadé

I've never written an App review before, but Stake really has continued to wow me.

RajeevAUS

I started using Stake for US trading, and recently (very easily) transferred my ASX portfolio across to utilise the cheap trades.

TCT24_

Switched from nabtrade. Much better experience. Far cheaper.

mato94aus

A well designed and easy to use app to trade on the USA and AUS markets.

Kristan M