Australia/New Zealand investing platform for ASX and U.S. shares/ETFs with CHESS-sponsored ASX holdings in Australia, DriveWealth-backed U.S. custody, flat brokerage, mobile apps and web trading.
82
/100
Overall score
Overall score is usable, but check the supporting evidence and caveats.
Read first
82
/100
Overall
Overall is usable, but check the supporting evidence and caveats.
Headline score from research fields, regulation evidence, and scoring payload.
Australian investors wanting CHESS-sponsored ASX holdings · AU/NZ investors wanting simple U.S. stock/ETF access · Beginner-to-intermediate self-dire…
Entity, country restrictions, and high-risk fee fields should be checked carefully.
Trust is usable, but check the supporting evidence and caveats.
Withdrawal is usable, but check the supporting evidence and caveats.
Availability
Availability can vary by legal entity, account type, and local regulation. Treat this as a shortlist signal and verify details with the broker before opening an account.
Public official sources reviewed clearly support Australia and New Zealand availability but do not provide a full restricted-country list. AU terms reserve the right not to open accounts for residents outside Australia; NZ terms restrict account opening to NZ resident individuals.
SourceEvidence
Australia: ASIC via AFSL/authorised representative; New Zealand: FMA financial advice licence and FSP registration; U.S. partner DriveWealth is SEC/FINRA regulated and SIPC member.
SourceAU FSG lists Stake AR 1241398, Stakeshop AFSL 548196, DriveWealth SEC No. 8-69161 and FINRA CRD 165429, FinClear Execution AFSL 246842, FinClear Services AFSL 338364, Airwallex AFSL 487221. NZ site lists NZBN 9429047452152 and FSP774414.
SourceStake is an authorised representative of Stakeshop AFSL Pty Ltd; services use FinClear for Australian execution/clearing, DriveWealth for U.S. securities, Airwallex for payments/FX and K2 for Stake Accumulate.
SourceNot disclosed in checked official pages; because this is not a CFD/forex broker claim, human review is needed before assigning a regulatory protection label.
SourceU.S. securities are held through DriveWealth, a SIPC member; Stake also states DriveWealth sweeps uninvested USD cash to Citibank where FDIC coverage may apply. AU FSG says Stake holds Professional Indemnity Insurance for AFSL activities.
SourceNo general minimum deposit was found in checked official pricing, FSG, withdrawal and terms pages; trade/funding minimums apply by product/market.
SourceNot applicable for listed securities brokerage; Stake discloses brokerage and FX fees rather than spreads for share/ETF trades.
SourceStake charges flat brokerage on AU and U.S. equity trades, with percentage pricing above 30,000 in the relevant currency.
SourceNo maximum leverage was disclosed in checked public Stake pages; Stake is primarily a listed securities platform rather than a CFD/forex leverage broker.
SourceAU FSG lists card funding fees: debit 0.5%, credit 2.5%. General bank-transfer deposit fee was not disclosed in checked sources.
SourceAU support: Stake AUS withdrawal fee free; Wall St no withdrawal fee charged by Stake, but FX fees may apply. NZ support: no withdrawal fee charged by Stake, FX fee 1% minimum $2.
SourceStake support says no inactivity fees nor account keeping fees regardless of portfolio size, cash balance or time away.
SourcePublic official sources reviewed clearly support Australia and New Zealand availability but do not provide a full restricted-country list. AU terms reserve the right not to open accounts for residents outside Australia; NZ terms restrict account opening to NZ resident individuals.
SourceAU customers can trade 2,500+ ASX-listed securities and 9,500+ U.S. stocks/ETFs/government bonds/OTC securities; homepage says 12K+ stocks and ETFs; Stake Accumulate is an income investment fund.
SourceStake supports web trading at trading.hellostake.com and mobile apps on iOS/Android; minimum OS requirements are iOS 16 and Android 12.
SourceAU terms define Joint Account to include account types other than individual including company, trust and SMSF; NZ terms say NZ accounts can be opened by New Zealand resident individuals over 18.
SourceStake discloses Airwallex wallet/payment services and card funding via debit/credit cards including Apple Pay and Google Pay; bank-transfer deposits must be from an account in the customer's own name.
SourceWithdrawals go to one linked bank account in the account holder's name and cannot be sent to third-party accounts; AU withdrawals are paid in AUD.
SourceBefore you decide
Minimum Deposit
No general minimum deposit was found in checked official pricing, FSG, withdrawal and terms pages; trade/funding minimums apply by product/market.
Negative Balance Protection
Not disclosed in checked official pages; because this is not a CFD/forex broker claim, human review is needed before assigning a regulatory protection label.
Investor Compensation
U.S. securities are held through DriveWealth, a SIPC member; Stake also states DriveWealth sweeps uninvested USD cash to Citibank where FDIC coverage may apply. AU FSG says Stake holds Professional Indemnity Insurance for AFSL activities.
Restricted Countries
Public official sources reviewed clearly support Australia and New Zealand availability but do not provide a full restricted-country list. AU terms reserve the right not to open accounts for residents outside Australia; NZ terms restrict account opening to NZ resident individuals.
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Overall 91 · Trust 100
Overall 91 · Trust 100
Overall 91 · Trust 100
Important disclosure
Availability, fees, investor protection, and regulation can vary by country and legal entity. Verify the broker and regulator details directly before opening an account.