Stake

Stake is an online investing platform for users in Australia and New Zealand, providing access to ASX-listed securities as well as U.S. stocks, ETFs, government bonds and OTC securities. It supports fractional shares on U.S. markets and includes an FX calculator to estimate currency conversion costs when funding a Wall St account.

The Aus market covers stocks, ETFs, bonds, A-REITs, hybrid securities and LICs, with per-trade pricing that switches to a percentage rate for larger orders. Wall St offers fractional shares from a small minimum amount, with the same per-trade or percentage structure above a threshold. An FX fee applies to Wall St funding, and optional FastFunds and Card Funding charges may also apply.

Stake is packaged as separate Aus and Wall St offerings, each with its own per-trade fee and a percentage rate for orders above a set value. The platform is intended for individual investors in Australia and New Zealand.