Stake

Active

Country: Australia (AU)
Founded: 2017
Developer: Stake (Sydney-based company)
Pricing: Brokerage $3 per trade up to A$30k or 0.01% above; 55 bps FX fee on USD conversions
Open source: No
Platforms: iOS, Android, Web

Indexes

Investing/Portfolio

Overview

Stake is an investing platform providing access to over 2,500 ASX-listed stocks, ETFs, bonds, and hybrid securities, plus 9,500+ U.S. stocks, ETFs, government bonds, and OTC securities. It targets Australian and New Zealand investors, offering CHESS-sponsored ASX holdings under user HIN, SMSF administration, and a mobile-first experience with web access. Key differentiators include flat low brokerage across markets and FX fees only on funding.¹²⁴

Key Features

ASX Trading - Access 2,500+ CHESS-sponsored ASX stocks, ETFs, bonds, and hybrids with $3 brokerage up to A$30k.
U.S. Trading - Trade 9,500+ Wall St stocks, ETFs, bonds, and OTC with same $3 brokerage in USD.
Stake Super SMSF - Self-managed super fund service handling administration for custom investments.
Mobile App Trading - Invest on iOS and Android with real-time access to markets and portfolio management.
Funding Options - Deposit via bank transfer, Apple Pay, Google Pay, credit/debit card.
Withdrawals - Withdraw AUD or USD to verified bank accounts matching account holder name.
Two-Factor Authentication - Supports third-party apps like Authy or Google Authenticator.
Paperless Signup - Account creation via app or web with ID verification in minutes.

Pricing

Plan	Price	Includes
Standard ASX Trades	A$3 per trade (up to A$30k) or 0.01% above	All ASX stocks, ETFs, bonds, hybrids.
Standard U.S. Trades	US$3 per trade (up to A$30k equiv.)	All U.S. stocks, ETFs, bonds, OTC; FX 55 bps on funding only.
FX Conversion	55 bps (0.55% per A$100)	AUD to USD funding; no FX on subsequent trades.

Platforms & Requirements

Available on iOS 14.0+ (iPhone, iPad, iPod touch), Android 5.0+, and web platform. Signup and trading fully supported across all. No desktop native apps mentioned; minimum requirements are standard for mobile devices.¹

Integrations & Ecosystem

Bank transfers (deposits/withdrawals)
Apple Pay
Google Pay
Credit/debit cards
Authy (2FA)
Google Authenticator (2FA)
CHESS sponsorship (ASX holdings)

Alternatives

App	Difference
CommSec	Larger Australian broker with higher brokerage fees but more research tools.
SelfWealth	Flat $9.50 ASX trades; no U.S. access or SMSF services.
eToro	Social trading and CFDs focused; higher spreads, less emphasis on direct ASX CHESS.
Interactive Brokers	Advanced platform for pros with lower fees on volume but steeper learning curve.

Reputation

Stake serves over 750,000 users with praise for low flat brokerage, seamless ASX/U.S. access, and CHESS sponsorship providing ownership security. Criticisms include occasional app issues reported in reviews and FX fees on funding. Perceived as user-friendly for beginners to intermediates in Australia/NZ.²⁵

Sources (10)