How can we help?
Get Started
Funding & Withdrawal
Funding
Payment card errors
Transferring funds between Wall St and AUS
Funding timeframes
Funding mistakes
Funding fees
Maximum funding amounts
Unsupported funding methods
Direct USD deposits and withdrawals
Adding funds using debit or credit card
Adding funds using Google or Apple Pay
Adding and updating funding cards
Investing & Trading
Order types and execution
Trade confirmations
Fractional shares
Expiry instructions
Wall St trade settlement timeframes
Wall St brokerage fees
Wall St extended hours orders
Order types
Stake AUS limit orders
Stake AUS market orders
Stake AUS stop orders
Stake AUS trade settlement timeframes
Stake AUS brokerage fee
Buying and selling shares
Order types
Amending and cancelling orders
Trading hours and market calendars
Order rejections and halts
Dividends, corporate actions and share splits
Stock split
Share purchase plans
Wall St dividend payments
Wall St stakeholder voting
Wall St delisting of securities
Stake AUS dividend payments
Stake AUS dividend variances
Stake AUS shareholder voting
Stake AUS delisting of securities
Stake AUS rights issues
Dividend reinvestment plans
Corporate actions
Changes in share quantity
Placeholder ticker
Consideration types
Instruments
Markets and rules
Wall St general regulatory requirements
Wall St pre-trade filters
Wall St regulatory fees
Stake AUS general regulatory requirements
Stake AUS pre-trade filters
Stake AUS minimum and maximum trade amounts
Cboe
Wall St pattern day trading
Market integrity: things to consider before placing orders
Wall St day trade counter
Wall St day trade calls
Portfolio Transfers
Incoming Portfolio Transfers
Outgoing Portfolio Transfers
Rewards
Portfolio Transfer Reward
Referral Reward
Products & Features
Stake Super
Setting up your SMSF
Super Transfer
Investing with your SMSF
SMSF Management
Insurance
Employer & Personal Contributions
SMSF Fees
Tax
Documentation & Reporting
About Stake Super
Stake Accumulate
About the Stake Accumulate Fund
Investing & managing your investment
Performance updates & statements
Risks, policies & compliance
Account Management
Documents & Statements
Privacy & Security
About Stake
Stake's Mission
Regulatory & Partners
Contact Stake
Share ownership
Wall St share ownership
When you purchase shares through Stake, you own the shares. Like many other investment platforms, Stake operates a custodian model, which means that your U.S. shares are held on your behalf by a custodian, however you are still the owner of those shares.
Stake’s U.S. broker-dealer, DriveWealth, is responsible for custody of your cash and shares and maintains the books and records that identify your shares as belonging to you. As part of their custody services, DriveWealth uses sub-custodians to hold your shares and cash. U.S. shares are held at the Depository Trust Company (DTC), and U.S. funds are held at the Bank of New York Mellon.
Find more information about Stake’s partners here.
Protection
Our U.S. partner DriveWealth, LLC is a broker-dealer registered with FINRA (U.S. regulator) and a member of SIPC, which protects Stake investors who own U.S. securities for up to US$500,000 (including US$250,000 for claims for cash). With an account at a brokerage firm that is a member of SIPC, your assets are protected whether you’re a U.S. citizen or not. You can read more about SIPC on their website.
Please note that SIPC does not protect against the decline in the value of your securities. SIPC gets involved when a brokerage firm fails and SIPC appoints a trustee to manage the liquidation of the firm for the protection of customers.
In the unlikely event of Stake closing, you would still have access to all your cash and securities via DriveWealth.
More information is available in our Privacy Policy.
Stake Aus share ownership
When you buy ASX shares through Stake AUS, you are issued with a unique Holder Identification Number (HIN), which verifies that you directly own your shares. If a broker does not issue a HIN, this means they use a custodial model for your holdings.
Did you find this helpful?