Our pricing

Stop paying high fees to trade your own money.

FX

per A$100

An FX fee is only charged when you move money, not on every stock trade.

Other brokers charge you FX fees on every trade. Don’t settle for that.

Express funding: 0.5% (min US$2)
Card Funding: 2% (min US$1)

Brokerage

Yes, its true! Trading on Stake is commission free.

As a tech first business, we’re able to shave the costs of trading and pass this onto you.

Regulatory & Tax 

A one-off US$5 fee is charged to complete the US tax form (W8).

There are small regulatory fees (SEC & TAF) charged on share sales.

For a breakdown of all fees and charges, please read our pricing.

Brokerage

Yes, its true! Trading on Stake is commission free.

As a tech first business, we’re able to shave the costs of trading and pass this onto you.

Get started

FX

per A$100

An FX fee is only charged when you move money, not on every stock trade.

Other brokers charge you FX fees on every trade. Don’t settle for that.

Express funding: 0.5% (min US$2)
Card Funding: 2% (min US$1)

Regulatory & Tax 

A one-off US$5 fee is charged to complete the US tax form (W8).

There are small regulatory fees (SEC & TAF) charged on share sales.

For a breakdown of all fees and charges, please read our pricing.

The Stake account

 

U.S. brokerage account with a FINRA and SIPC member.

No custody fees and free real time data.

Securities insured for up to $500,000 under SIPC.

Digitally completed US tax form.

Commission free trading.

Questions

customers ask

Is my money safe?

Stake never touches your money. Your money moves directly from your local accounts, to our FX partner and onto our U.S. regulated brokerage account, where your cash and securities are insured.

How does Stake make money

Stake currently makes money in three ways:

  1. .The FX fee on transfers in and out of USD
  2. Interest on USD cash that sits in US brokerage accounts
  3. Express funding options

What happens if Stake is no longer around?

We’ve partnered up with a US brokerage, DriveWealth. In the unlikely scenario that Stake was no longer operative you would be able to access your portfolio and transact via DriveWealth.

I have USD, can I transfer them in?

You can. We have customers who have USD already or have an FX service they like to use.  They regularly transfer USD this way into their trading account.  

There is a flat fee of US$20 to transfer any amount of USD into your Stake account.

You can find the details to make a USD transfer in at the Profile Section of your Stake account.

What is an example of the FX fees for USD transfers

Our FX spread is 70 fx points on the spot rate.  All fees will be transparent before you commit to funding your account. 

Example: With a spot FX rate of 0.7000, your funds will transfer at an FX rate of 0.6930.

Therefore if you moved $1000 AUD into USD at the above rates the following applies: 

  1. You will receive $693.00 credited to your trading account
  2. You pay a $7 USD FX fee 

Please note, that if you are funding for the first time, there is $5 fee for the completion of your US tax form. If you elect to fund express, additional fees may apply.   Remember, all fees will be shown before you confirm an FX transfer.

Still got questions? Read our FAQs.

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Pricing       Company        Blog        Help        Disclosures

         

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).

Stakeshop Pty Ltd is registered as an overseas company in New Zealand (NZBN: 9429047452152).

The information on our website or our mobile application is not intended to be an inducement, offer or solicitation to anyone outside of Australia or in any jurisdiction in which Stake is not regulated or able to market its services.  

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. 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, Terms & Conditions, Privacy Policy and Disclaimers before deciding to use or invest on Stake. 

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.

For New Zealand resident customers, the following also applies: The content provided on our website or mobile application is for general information purposes only and is not intended to constitute financial advice for the purposes of the Financial Advisers Act 2008 or the Financial Markets Conduct Act 2013, or an invitation or an offer to buy or sell any financial product or security.

To the extent you require further information about the relevant New Zealand legislation that may apply, or require specific advice, please contact your legal and/or financial adviser (as appropriate).

Stake is a registered trademark under classes 9 and 36 (Australia)

Copyright © 2019 Stake. All rights reserved.