2Stake

Stake

 Verified
2Stake
2.9

187 reviews

PositivevsNegative
47% · 8793 · 50%
  • Thumbnail
  • Thumbnail
  • Thumbnail
  • Thumbnail
  • Thumbnail
  • Thumbnail
  • Thumbnail
  • See all
    Thumbnail
Transparency
3.1
Rates and Fees
3.5

Reviews

187 reviews
timmyel
timmyel3 posts
 

User since 2018, made a lot of money

Seems to be a lot of reviews with people having short term issues. I started using Stake in 2018 as a way to more easily trade in the US. Since then, they've added ASX trading and have moved all my investing to the platform and have not looked backed.

Love the ability to trade fractionally on the US markets and have been on a tear, building my wealth using the app. It's such a clear and simple interface, that combined with Sharesight its all I need to invest.

I'm also a Stake Black subscriber and yes it is odd to need to pay for features but really need them for the US markets since the timezones don't overlap that well and need to trade quickly.

Also note I have made 119 Wall St referrals and never got a Nike stock. Show reply

Transparency
Rates and Fees
Steve Crawford
Steve CrawfordPerth, WA
  Verified

Friendship with NabTrade is Over, Stake is my new best friend

I've been using NabTrade for a while and I got pissed off at the constant breakdowns, let-downs, crashes, and other funky stuff that happens on that platform. The trade fees were double digits and made is hard as a pleb to try and get some shares. Googled a few and found Stake to be highly regarded. Took me 10 minutes to fill everything out on the app and get things sorted and I was even able to painlessly transfer my portfolio from NabTrade to Stake successfully. That purely won me over, as NabTrade is so god-damn confusing to navigate at the best of times, let alone when its down or spitting errors that you're not logged in when you clearly are. Frick Nab, Stake is my new best friend. Show reply
Donna B
Donna BHunter Region, NSW5 posts
 

Great value and service

Stake is a great trading platform. I have used it for a couple of years now. They are always prompt in their replies whenever I have queries eg 2 step verification changes whilst OS with a different phone number. They are fabulous value for ASX and US trading. Show reply
VintageGypsy
VintageGypsy2 posts
 

won't release my owns funds

Have used a variety of platforms over the years. Decided to give stake a chance. Had minimal hassel withdrawing and depositing funds.

Until recently that is. Now it appears they won't allow me to withdraw my funds, instead holding onto until I provide bank records and other personal details.

Not only do they hold tens of thousands worth of my stock but also funds they won't release. Glad I hold funds elsewhere i can access and will now be looking to go elsewhere

Transparency
Rates and Fees
Stake
Stake   DM   
More
Khanh T.
Khanh T.Sydney, NSW
 

Great help from Stake Support

Been using Stake for over 5 years with shares in US and AU. I recent got an issue with a withdrawal from US Stake. Could not find the transferred amount in my bank account. Contacted Stake Support by email and quickly got a reply from Elise (Stake Support) with an explanation of the process. On the phone , she guided me through the process and I finally realised the transfer did occur. Great help and issue resolved. Show reply
Justin T.
Justin T.3 posts
 

BSB Transfer Failed

I just opened an account and tried to deposit funds to BSB 013943 followed by my A/C number of 7 digits but my bank said it did not exist. Stake seem over their skis.
Stake
Stake   DM   
More
Trader12345
Trader12345Greater Melbourne (Inner), VIC
 

Misleading Average Buying Price

I have been a Commsec veteran and switched to Stake lately. I have been mortified by how misled I have been by the "Average Buying Price" indicator on the Stake app. Has anyone had the same experience where when you sell some shares, the "Average Buying Price" would then fluctuate and most of the time, a lower price will be reflected. This is not right at all but happy to be advised / educated.

Anyone? Help?

Stake
Stake   DM   
More
MSIHK
MSIHKSydney, NSW
 

Love this app

This app has made me enjoy investing! And I love the UI its so clean. Show reply
Lance W.
Lance W.Greater Melbourne (Outer), VIC3 posts
 

Very Happy With Stake Service and Support

I have had a need to reach out to Stake Support at times and found them very helpful, coureous and promt to respond. Overall I am very happy with Stake. Keep up the good work guys! Show reply
Rob
Rob
 

The best trading app

I have accounts with Freetrade, Trading 212, InvestEngine, eToro, and Lightyear but my go to account is always Stake. Occasional problem but always quickly sorted out with a couple of emails Show reply
Novel
Novel
 

A great investment platform

User friendly, very easy to use whether you’re a beginner or a seasoned investor. Real time market data and fast order execution. No minimum amount needed to start, you can invest in a company by a fraction of shares Show reply
  • Thumbnail
Ian
Ian
 

Do not recommend

High fees for buying and selling stock.
Wanted to transfer out to Firstrade as Stake don't have DRIP for dividends or options as I wanted to sell covered calls. Turned out a shambles to do. I ended up paying US$50 per position to transfer out and couldn't transfer the cash in my account, had to draw that out and ended up paying a FX charge on top and now will end up paying another FX charge to deposit into Firstrade. Also this took way too long.
I have transfered between brokers before but this time was a nightmare.
Transparency
Rates and Fees
Stake
Stake   DM   
More
CAZ
CAZ
 

Amazing

I live in the North East of England and really struggled to complete the USA tax form. I kept getting an error message. Time was running out with only a few days left to complete the form, so I contacted Stake direct. Within a few hours with their help the form was completed. Their even contacted me to let me know I has successfully submitted my tax form. That was such a relief. Show reply
JoshM
JoshMSydney, NSW
 

Best ASX trading platform in australia

Great amount of detail on stocks, cheap fees and great customer service - everything you want! Show reply
Mary L
Mary L
 

fantastic support team

I had a problem when withdrawing money from my account. Turns out it was MY PROBLEM, my lack of understanding. The support team are always patient and kind. I am also grateful for the extra security around withdrawing large sums. Show reply

Questions & Answers

ngoc h.
ngoc h.

if i sell the share for profit can i buy back this share in the same day or time. Do i have to wait for i month to buy back the same share.Thanks

Stake
Stake   DM   
ngoc h.
ngoc h.  

Thank you very much for your help.i am very satisfy with ligthling answer

David S
David S

I have been using Stake for aus shares for a few months without problems but now can no longer log in to my account. The problem is still not resolved and this lack of reliability is unacceptable.

Ebenezer
Ebenezer  

I've found Stake's help centre to be pretty good. Please drop them an email and they should fix it.

A H.
A H.

Is day trading possible with Stake?
For eg if I have shares worth $1000.00 and I sell it today, can I buy again on same day for $1000.00?

See all Stake questions

ProductReview.com.au has affiliate partnerships. These do not influence our content moderation policies in any way, though ProductReview.com.au may earn commissions for products/services purchased via affiliate links.

©  ProductReview.com.au Pty. Ltd. All Rights Reserved. General disclaimer: All third party trademarks, images and copyrights on this page are used for the purpose of comparative advertising, criticism or review. This is a public forum presenting user opinions on selected products and businesses, and as such the views expressed do not reflect the opinion of ProductReview.com.au. Further details in the disclaimer.