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Stake app evaluation: Trade US stocks with $zero brokerage

Stake app evaluation: Trade US stocks with $zero brokerage

Stake offers Australians get admission to to greater than 3000 US stocks with $zero brokerage.

Stake is a desktop and cellular buying and selling app that permits Australians to simply industry US stocks. It supplies get admission to to greater than 3000 US stocks and ETFs, together with one of the most largest world firms akin to Apple, Google and Amazon. The US marketplace is recently valued at over $30 trillion and rising swiftly.

The platform is completely for US stocks and doesn’t supply get admission to to ASX-listed stocks. Read on to be informed extra about Stake.

Features Fees Pros and Cons

Stake app evaluation: Trade US stocks with $zero brokerage

About the creator

Alison Banney is the Senior Banking and Investment Writer for finder.com.au. She has labored within the content material group for certainly one of Australia’s largest banks, and is decided to assist extra Australians get desirous about their price range thru the usage of suave content material.


What can I industry with Stake?

You can get admission to greater than 3000 US stocks and ETFs by the use of Stake. Stake recently does no longer permit customers to industry derivatives, like CFDs or choices.

Features of Stake’s platform and app

Access one of the most global’s largest manufacturers

Stake gives Australians simple get admission to to primary global manufacturers like Apple, Tesla, Facebook and Google.

$zero brokerage

Stake doesn’t fee any brokerage charges while you purchase or promote stocks.

User-friendly platform with a web-based buying groceries really feel

Stake’s platform is user-friendly and extra like a web-based buying groceries website online or a social media platform than a buying and selling platform.

Advanced filtering choices

Users can follow a spread of complex filters when on the lookout for stocks to industry. For instance, you’ll be able to clear out via stocks which are trending, maximum up, maximum down, maximum traded or maximum watched. You too can clear out via a spread of classes together with meals, shuttle and era and even the scale of the corporate.

Discover similar stocks

When you choose a inventory to take a look at, the platform additionally suggests a spread of similar stocks in response to what others are buying and selling. This is a useful software to find some much less well known stocks.

News and research

Access the most recent information and research for each and every particular person inventory from more than a few resources around the Internet. Plus, get admission to Stake’s personal weblog and inventory statement too.

Charts

Use the charts to peer how a inventory has carried out during the last day, week, month, 3 months, yr or 3 years. The charts are very easily color coded too, so you’ll be able to simply see when a inventory is trending down (pink).

Advanced order varieties

You can make a selection to shop for or promote at marketplace in addition to position a restrict or prevent order.

Gift stocks

You can reward stocks in your family and friends within the type of a web-based voucher. You don’t want an account to reward stocks.

What charges does Stake fee?

Stake does no longer fee any brokerage charges while you purchase and promote stocks. Instead, Stake makes cash at the forex trade while you fund your account and while you withdraw your cash.

Stake fees US$zero.70 for each AUD$100 transferred between AUD and USD. The minimal switch quantity from AUD to USD is AUD$500, alternatively you’ll even be charged a rate of AUD$five for transfers under AUD$2500 (except for when the usage of POLi).

Pros and cons of the usage of Stake

Pros

  • $zero brokerage while you purchase and promote stocks
  • Easy get admission to to greater than 3000 US stocks and ETFs
  • User-friendly platform and app
  • Advanced filtering choices to find stocks and ETFs

Cons

  • The cellular app is recently best to be had at the Apple App Store, no longer Google Play.

How to get began with Stake

You can create an account with Stake on-line in mins and feature your account funded and able to move that very same day.

Click “get started” on Stake’s website online and practice the activates to go into your own main points together with identify, residential deal with and get in touch with main points. Create an account via settling on a username and developing a novel password. You’ll want to check your ID all over the method, so you should definitely have your motive force’s licence and/or Medicare card at hand.

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