Stake

Stake offers a consolidated platform for investing in both the Australian Securities Exchange (ASX) and the U.S. Stock Market. With access to over 2,000 Australian assets and 6,000 U.S. stocks, ETFs, and other tradable assets, Stake simplifies investing with features like low brokerage fees, fractional shares, and extended trading hours. By providing a single platform for managing investments across both markets, Stake eliminates the need for separate accounts, offering a seamless investing experience.

Stake appeals to investors with its simplicity, affordability, and unique features. The platform, accessible on both mobile and desktop, offers a straightforward experience suitable for investors of all levels. With a flat A$3 brokerage fee on trades up to A$30,000, Stake presents a potentially cost-effective option for those investing in both ASX and U.S. markets. Investors can benefit from fractional shares with a minimum investment of US$10, enabling access to high-priced U.S. stocks. Stake’s support for pre-market and after-hours trading in the U.S. market provides flexibility for capitalizing on market movements beyond regular hours. For ASX investments, Stake ensures secure registration through CHESS-sponsored holdings and operates as a regulated platform, adhering to Australian financial regulations, offering investors peace of mind.

Opening a Stake account is a straightforward process:

1. Sign Up: Download the Stake app or visit their website to initiate the signup process, which can be completed in minutes with your ID.
2. Choose Your Starting Market: Decide whether you want to start investing in the ASX or the U.S. market.
3. Deposit Funds: Fund your Stake account with AUD for ASX investments or convert funds to USD for U.S. stock market participation.
4. Start Investing: Once your account is funded, you can explore the platform and begin investing in your chosen assets across the ASX and Wall St.

Stake aims to simplify the account setup process, allowing you to focus on making investment decisions.

Stake prioritizes security and compliance with financial regulations, operating as an authorized representative under Australian financial services regulations. For ASX investments, they utilize CHESS sponsorship, securely holding shares under the investor’s registered Holder Identification Number (HIN). To streamline account opening without compromising security, Stake employs digital verification services. While Stake emphasizes these security measures, potential users are encouraged to conduct thorough research before committing funds, ensuring a comprehensive understanding of the platform’s offerings and security protocols.

Stake provides diverse investment opportunities to construct a comprehensive portfolio, including stocks from both the ASX and US exchanges, ETFs for diversified asset exposure, and government bonds for potential income and stability. Additionally, investors can access OTC stocks, REITs, and hybrid securities through Stake, enhancing flexibility in investment strategies.