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Stake

4.0(800 reviews)

Australian neobroker for commission-free US and ASX stock trading

ASIC RegulatedSince 2017

80

Trust Score

Very Good

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* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.

0 AUD

Min. Deposit

2

Instruments

ASIC

Regulation

Which entity you actually contract with, and what it committed to

2

Platforms

StakePopular broker

Get to know Stake.

Step by step, in the Academy.

3 lessons
No account needed
For beginners

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Knowledge makes the difference!

Popular Stake lessons

Small lessons. Big edge.

Key Features

Stocks

Stocks trading available

ETFs

ETFs trading available

Stake App

Trading Platform

Stake Web

Trading Platform

Advantages

Commission-free US stock trading
Access to Wall Street and ASX in one app
Simple, modern app

Disadvantages

Primarily for Australian customers
FX fees for US stock trading
No options or derivatives available

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* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.

About Stake

Stake was founded in 2017 in Sydney and is an Australian neobroker specializing in commission-free access to the US stock market and the Australian ASX market. As an ASIC-regulated provider, Stake enables Australian investors to directly access Wall Street and ASX in a single app, without commission fees. The product range focuses on stocks and ETFs. US stocks are tradable commission-free, while Australian stocks are available from AUD 3 per trade. There is no minimum deposit, making entry particularly easy. Options and derivatives are not offered. Stake is particularly suitable for Australian investors who want to invest in US stocks cost-effectively. The modern, simple app makes Stake the ideal choice for beginners. However, FX fees for currency conversion apply on US stocks, and the product range is limited compared to full-service brokers.

Stake FAQ

Can I really trade US stocks commission-free at Stake?

Yes, trading US stocks at Stake is commission-free. However, FX fees apply for the conversion from AUD to USD.

Is there a minimum deposit at Stake?

No, Stake does not require a minimum deposit. You can start investing with any amount.

Does Stake offer options trading?

No, Stake does not offer options trading or other derivatives. The offering focuses on stocks and ETFs.

Is Stake only available for Australian customers?

Stake primarily targets Australian customers but is also available in some other markets like the UK and New Zealand.

Strategies × Top Stocks

Popular Strategies to Try

Concrete example trades you can replicate after opening your account at Stake.

Long Straddle · Tesla

Tesla Inc.

Highly volatile — no clear direction · highly volatile mover

IV 50–95%View example trade

Long Straddle · NVIDIA

NVIDIA Corporation

Highly volatile — no clear direction · volatile stock

IV 40–80%View example trade

Covered Call · Apple

Apple Inc.

Neutral to mildly bullish · calm stock

IV 20–32%View example trade

Covered Call · SAP

SAP SE

Neutral to mildly bullish · calm stock

IV 18–30%View example trade

Cash-Secured Put

Cash-Secured Put · Amazon

Amazon.com Inc.

Neutral to mildly bullish · medium-volatility stock

IV 25–42%View example trade

Iron Condor · S&P 500 ETF

SPDR S&P 500 ETF

Neutral / Sideways · calm stock

IV 12–22%View example trade

Iron Condor · Nasdaq-100 ETF

Invesco QQQ ETF (Nasdaq-100)

Neutral / Sideways · calm stock

IV 16–28%View example trade

Bull Call Spread

Bull Call Spread · Palantir

Palantir Technologies Inc.

Bullish · highly volatile mover

IV 55–90%View example trade

Bull Call Spread

Bull Call Spread · MicroStrategy

MicroStrategy Inc.

Bullish · highly volatile mover

IV 85–160%View example trade

Bear Put Spread

Bear Put Spread · Robinhood

Robinhood Markets Inc.

Bearish · volatile stock

IV 45–75%View example trade

Butterfly Strategy

Butterfly Strategy · Microsoft

Microsoft Corporation

Neutral — stock expected to stay near the center strike · calm stock

IV 18–30%View example trade

Bull Call Spread

Bull Call Spread · NVIDIA

NVIDIA Corporation

Bullish · volatile stock

IV 40–80%View example trade

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Keep learning

Before you open an account with Stake

The guides worth reading before your first trade, whichever broker you choose.

Options taxes in GermanyFlat-rate tax, loss offsetting and allowances.Options trading basicsStrike, expiry, underlying: the building blocks of every option.Regulation: BaFin, ESMA & investor protectionWho supervises your broker and what that protects.

Terms in the glossary:Premium Call option Margin Exercise Put option

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