⭐ Editor's Choice — Top Rated Pick
Stake AUS & Wall St (CHESS-Sponsored Broker)
📍 Available in: Australia
★★★★★ 4.8 / 5.0
Stake shattered the high-fee monopoly of Big-Four bank brokers (like CommSec and nabtrade) by offering full CHESS-sponsored ASX share and ETF trading for a flat $3 AUD fee on trades up to $30,000. Every Australian investor receives their own personal Holder Identification Number (HIN) registered directly with the ASX, plus seamless switching to Stake Wall St for 24-hour extended US stock and ETF trading.
Key Facts at a Glance
| Cost / Fee Structure | $0 Account Fee • Flat $3 AUD ASX Brokerage (Up to $30k) |
| APR / Rate | CHESS-Sponsored Individual HIN (ASX) + SIPC (US) |
| Coverage / Loan Limit | $50 AUD Minimum First ASX Trade ($0 Min Deposit) |
| Credit / Eligibility | Instant PayID / Osko AUD Funding |
Pros & Cons
✓ Pros
- ✓$3 flat CHESS-sponsored ASX fee saves 70%–90% compared to CommSec ($10–$29.95)
- ✓Shares are held directly in your legal name under your personal HIN, not a pooled custodian
- ✓Transferring an existing ASX portfolio over $1,000 unlocks $0 ASX brokerage for 12 months
✕ Cons
- ✕US Wall St currency conversion charges a 70 bps (0.70%) AUD-to-USD FX fee
- ✕Does not offer margin lending or ASX exchange-traded options (ETOs)
Key Features
Flat $3 AUD Brokerage on All ASX Stock & ETF Trades Up to $30,000 (0.01% Above $30k)Full ASX CHESS Sponsorship with Your Own Individual HINFree Automated HIN Portfolio Transfer From CommSec, SelfWealth, or CMCIntegrated US Wall St Access with 6,000+ US Stocks, ETFs & Extended Hours Trading
Compare Stake AUS & Wall St (CHESS-Sponsored Broker) Side-by-Side
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