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A low-fee, CHESS-sponsored broker

Hold ASX shares under your own HIN with Stake's CHESS sponsorship, at just $3 per trade.

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.

How we compare

Trade fees vs Other CHESS-sponsored brokers

Trade Amount

stake_logo_neg.svg

CommSec

NAB

SelfWealth

$0 - $1,000

$3

$10.00

$14.95

$9.50

$1,001 - $10,000

$3

$19.95

$19.95

$9.50

$10,001 - $25,000

$3

$29.95

Up to 0.11%

$9.50

$25,001+

$3

0.12%

0.11%

$9.50

Learn more about the benefits of trading with a CHESS sponsored broker.

The minimum investment on the ASX is $500 (excluding brokerage) when buying a specific stock for the first time. This is known as the “minimum marketable parcel” and is a requirement for all CHESS sponsored investments under your own HIN. There is no minumum purchase size if you hold shares in a specific stock.

“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”

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

Trade with Stake using your unique HIN

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What's on the Stake Desk

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 of securities. Most importantly for our investors, CHESS-sponsored brokers like Stake allow positions to be held in an individual’s name. Learn more in our article ‘What is CHESS?’.


Yes, Stake is proud to be a CHESS-sponsored broker, allowing users to own shares under their own Holder Identification Number (HIN).


By investing with a CHESS-sponsored broker, you’re given your own Holder Identification Number. Every position in your portfolio is then attributed to this HIN. More info on how the HIN works here.


When you sign up for a Stake AUS share trading account, ASX CHESS sponsorship automatically applies to your account and you'll have a unique HIN number.


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 difficulties in returning the shares to customers.


When you purchase shares through a CHESS-sponsored broker, the HIN is used to identify the relationship between you and the broker. Any shares that you purchase through the broker are linked to you by your HIN number.

When shares are purchased through an issuer-sponsored broker, they're sponsored by the company that first issued them and not the broker. The relationship between you and the shares is managed by a third-party share registry. When you buy issuer-sponsored shares, you receive a Security Reference Number (SRN) for each parcel of shares.


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Also get a free U.S. stock when you fund Stake Wall St.

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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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