How do I make a withdrawal?

You can withdraw your available funds from Stake at any time. Like any other transaction, all applicable fees will be provided to you before you confirm your withdrawal. The minimum withdrawal amount is US$10. 

Funds can only be withdrawn to your local bank account, which must also be in your name. You'll need to provide your BSB and Account Number before making your first withdrawal. 

Please allow up to 2-4 business days for your withdrawal to arrive in your local bank account. If you have queries on your withdrawal status after four business days, please contact the Stake Support Team here.

How do I withdraw?

  • Head to your portfolio dashboard and tap Funds > Withdraw Funds

  • Enter the withdrawal amount and select the receiving bank account

  • To add a new or different receiving account select Edit Account and follow the prompts (please note, the name on the receiving account must match the name of the Stake account owner)

  • You'll receive an estimated summary of your withdrawal request

  • Verify the withdrawal with the unique pin sent to your mobile number or via an Authenticator App

  • Confirm your withdrawal request

Things to consider

  • It's vital that you enter the correct bank account details to ensure that your withdrawal gets processed correctly and without delay. If you've entered incorrect details, please contact the Stake Support Team here.

  • All withdrawals must be in AUD, Stake does not support USD withdrawals.

  • Please ensure that the name on the nominated account for the withdrawal matches your Stake account. We are not able to process withdrawals to third-party accounts.

  • To ensure the security of your funds, we have extra verification methods in place for withdrawals and may contact you or request extra information. These checks are to ensure that your withdrawal details are correct and to prevent any fraud attempts on your account.

  • Stake is not liable for monetary loss resulting from incorrect information being entered in the withdrawal process (as per Sec. 10 of our Terms & Conditions). If money is credited to the wrong account, we cannot guarantee its recovery.

Fees & speeds

Please allow up to 2-4 business days for a Stake Wall St withdrawal to arrive in your local bank account. If you have queries on your withdrawal status after four business days, please contact the Stake Support Team here.

You can also choose the speed you receive funds through denomination-to-denomination transfers from within your Stake account.

Below you will find settlement timeframes for each transfer speed:

  • Regular: Funds are credited to your AUS account T+1 after Stake receives confirmation of an initiated transfer 

  • Instant: Funds are instantly credited (as buying power) to your AUS account after Stake receives confirmation of an initiated transfer. Please note there is a 0.5% surcharge for this method.  

FX and Speed fees can apply when withdrawing from your Stake Wall St account or transferring funds between accounts. Please check out our pricing PDF for a detailed breakdown of our fees.

Available funds & reserved cash

Only funds that are ‘Available for withdrawal’ are able to be withdrawn. This means that you won't be able to withdraw funds that are reserved for: 

  • Pending buy orders (i.e. any order you have to buy stocks)

  • Unsettled funds from a deposit or share sale 

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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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