Recurring
investments

A recurring investment allows you to automatically place orders in a security on a schedule that suits you. Automating buy orders isn't just convenient: it’s a stress-free way to invest for the long term.

All scheduled orders will be automatically funded via PayTo from your bank account. You can always skip the next order, or cancel a recurring investment altogether. Manage this via the Balances screen.

1. Start from your Balances screen, the ‘Do more with Stake’ button or a stock’s order pad (find the recurring icon on the lower left)
2. Once the stock or ETF is selected, choose the buying frequency and order amount
3. On your first time, link your bank account to Stake via PayTo by following the instructions 
4. Confirm your order

All scheduled orders will be automatically funded from your bank account via PayTo.

1. Go to your balance you want to top up (AUD or USD)
2. Choose the deposit frequency and amount
3. On your first time, link your bank account to Stake via PayTo by following the instructions
4. Confirm your deposit

All scheduled deposits will be automatically funded from your bank account via PayTo.

You can see the details of your recurring investments or deposits on the Balances screen.

Automating your investing habits lets you build towards long-term goals hands-free. Not only is this convenient as a time-saver, but many investors also appreciate that it removes emotions from their decision-making. You can read more about dollar-cost averaging as a strategy. As always, consider your own circumstances to find out if this feature suits you. You can cancel or skip a recurring investment or deposit at any time.

You’re in control to decide the timing that best fits your schedule and your goals. You might want to top up every week, or sync your trades with payday, for example. The frequency options on Stake are weekly, fortnightly, monthly and every 3 months.

For Wall St investments, the minimum amount is A$50. On Stake Aus, due to the Minimum Marketable Parcel (MMP) of A$500 established by the ASX, the minimum recurring investment is of A$650. The buffer is to maximise order execution, given that A) fractional shares aren’t allowed and B) the unit price might go up for future orders.

You can’t set up recurring investments from your buying power – each of them will be funded directly via PayTo moments before. If your bank account doesn’t have enough funds at the time, you’ll get an error and that scheduled order will simply be skipped.

Find and manage your recurring investments or deposits on the Balances screen. You can cancel, or just skip the next one, which is more suited for a momentary pause.