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CHESS vs custodial model
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Maximum trade amount
Is there a maximum trade limit on Stake?
Yes, there is a $250,000 limit per single trade on both buy and sell orders on Stake AUS.
Then, for Stake Wall St there is a $150,000 order limit for market buy and sell orders with the Extended Hours toggled on.
Limit orders with the Extended Hours toggle have the same maximum limit as limit orders without the Extended Hours toggle. This limit is $1,500,000 in order size and 20,000 quantity of shares maximum per single order.
Wall St trading minimum trade amount
There is a minimum trade amount of US$10 on orders.
ASX trading minimum trade amount
The Australian Securities Exchange (ASX) requires a minimum investment of A$500 (excluding brokerage) when purchasing shares in any ASX-listed security for the first time. This is known as the ‘Minimum Marketable Parcel’ (MMP) of shares (Learn more here).
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