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Stake
29.4.26
Stake
Stake Review for traders in Australia: ASIC-regulated, zero US brokerage with ASX and fractional share investing
Stake is the pioneer of zero-brokerage US investing in Australia — ASIC-regulated, with no commission on US trades (FX fees apply) and competitive ASX brokerage. Its clean digital experience and strong US market focus make it a top choice for Australian investors seeking affordable global exposure. The trade-off: less depth for research and advisory compared to bank platforms.
Consensus Rating
The rating evaluates 42 key factors, from regulation and costs to execution, product offering and support. The score combines analysis from multiple experts and competitor comparisons to provide an aggregated and balanced assessment. This reduces individual bias and offers a more reliable reference for broader market consensus.
Alternative Provider
AvaTrade
AvaTrade holds a direct ASIC license in Australia — some of the strongest retail trader protections available in the region. For Australian traders who want genuine regulatory depth alongside a broad instrument range, copy trading tools and AvaProtect trade insurance, it's one of the more complete regulated options on the market.
Stake is an Australian online investment platform regulated by ASIC, founded in 2017. Originally focused on US share investing, Stake now offers ASX and US-listed equities, ETFs, and fractional US shares. Stake is known for its zero brokerage on US trades (with FX conversion fees), competitive ASX brokerage, and a clean digital experience popular among younger Australian investors. It has expanded significantly and now serves hundreds of thousands of Australian investors seeking affordable access to US and Australian markets.
Available locally?
Foundation
2017
Minimum Deposit
A$ 0
HQ
Payment Methods
Regulators
ASIC
Trades at the Stock Exchange?
❌
How to Open an Account
1. Go to the official website >
Visit the app's official website (or download it from the App Store/Google Play) to get started from a trusted source.
2. Open an account
Register, enter your basic information, and set up secure login. If available, enable two-factor authentication for extra protection.
3. Verify your identity
Complete the verification process with the required documents, such as an ID card or passport, and proof of residence (e.g., an electricity bill or bank statement).
4. Add funds
Choose how to use the service: bank transfer, card, or linked account (depending on the app). Check fees, limits, and processing times before confirming, as they may vary.
5. Make your first transaction
Find the function you need in the app, set the amount or limit (if applicable), and confirm.
Advantages
Costs
Transparent Fee Structure
Fees, spreads, and commissions are clearly disclosed.
Regulation & Trust
Segregated Client Funds
Client funds kept separate from company operational funds.
Regulation & Trust
Investor Compensation Scheme
Compensation program available if the company becomes insolvent.
Regulation & Trust
Clean Regulatory Record
No significant regulatory penalties or violations reported.
Market Access
Stock Trading
Individual company shares available for trading.
Trading Platform & Execution
Web Trading Platform
Trading accessible through a browser without software installation.
Costs
Commission-Free Trading
Some instruments can be traded without paying commissions.
Costs
Low Trading Fees
Competitive costs help reduce overall transaction expenses.
Research & Education
Free Educational Materials
Educational content such as guides, tutorials, and courses available.
Market Access
ETF Trading
Exchange-traded funds available for trading.
Disadvantages
Regulation & Trust
Less than 5 Years in Business
Limited operating history and short track record.
