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. .
At Stake, 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 is of a general nature only.
Please be aware that when investing, all your capital is at risk. 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 Guide before deciding to use or invest on Stake.
When opening an account with Stake you confirm that your details will be shared with DriveWealth and an application for a DriveWealth brokerage account (Limited Purpose Margin Account) will be made. Please read the DriveWealth terms and conditions, disclosures and customer agreement documents before applying for a Stake account.
When you sign up with Stake, we may also seek your consent to open in your name an Airwallex Wallet. Airwallex services will be accessible through the Stake platform, including Wallet Services to hold your funds in Stake, Top Up and Collection Services to top up funds and receive proceeds and payments from Stake, and Payout Services to pay out funds from the Wallet to a linked bank account or Stake.
For Australian residents who elect to open an SMSF, Company or Trust account a Macquarie Bank Cash Management Account (CMA) may be opened in your name. If this applies to you, please read the Macquarie Bank CMA terms and conditions, disclosures and customer agreement documents before applying for a Stake account.
Stake’s US broker-dealer, DriveWealth LLC, is a member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC), which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). Explanatory brochure available upon request or at http://sipc.org . Check the background of DriveWealth LLC on FINRA’s BrokerCheck here.
Information on Stake is not an offer, solicitation of an offer, or advice to buy or sell securities or any financial product, or to open a trading account in any jurisdiction where Stake is not registered to do so. Upon opening an account with Stake from a jurisdiction where Stake is not registered or able to market its services, you confirm that Stake did not make an offer, solicit an offer or provide any advice to buy or sell a financial product. If you are based in a jurisdiction where Stake is not registered (or regulated) you are responsible for ensuring that you comply with all local laws and regulations that you are subject to and for obtaining your own financial advice and legal advice if you are unsure.
System availability and response times, data, liquidity, execution speed and price are subject to market conditions, order size, order types, any connection limitations and various other factors.
All chart data is provided for informational purposes and should not be relied on for taxation or any other purposes.
Please note that market data is provided courtesy of DriveWealth LLC and Tiingo and FX data is provided by Airwallex. No representation or warranty is made as to the timeliness, reliability, accuracy or completeness of the material and Stake does not accept any responsibility arising in any way for errors in, or omissions from, that data.
Before investing in an Exchange Traded Fund (ETF), an investor should consider the investment objectives, risks, charges, and expense of the investment company carefully. The prospectus contains this and other important information about the investment company. You should read the prospectus carefully before investing.
Inverse and leveraged ETFs are complicated instruments and are generally only suitable for experienced investors and traders who monitor their trading regularly and understand the nature of the product. On Stake, before trading these types of instruments, we suggest that you make yourself aware of the risks involved with them. We’ll also seek your confirmation that you understand these risks before you place a trade in one.
As these products are designed to meet their stated objectives on a daily basis, they may not be suitable for long term investments. Please make sure you are aware of these risks before you trade these products.
Getting “early access” to a promotion with Stake is defined as signing up with a valid email address on a waitlist for an upcoming feature or promotion. Early access to the promotion or feature with Stake is not an offer or solicitation of any financial services or any confirmation that a trading account with Stake or any account with any of its partners has or will be opened.
Priority on any waitlist or promotion may be given to existing customers of Stake.
Stake may from time to time run promotions or programs offering rewards or incentives. If you elect to enter such an offer, you agree to the terms and conditions that apply to such promotion or program.
Zero brokerage and free trading of stocks refers to $0 brokerage (or commissions) on a Stake trading account for U.S. listed securities. Relevant foreign exchange, account, ADR, SEC & FINRA (Regulatory Sell Side) fees may apply. Please see our pricing information for more detail on all fees. Pricing may be updated at any time and customers will ordinarily be provided with 20 days notice.