Stake vs commsec. stocks (Stake Wall St) with simple and transparent fees.

Stake vs commsec Stake provides New Zealanders with a seamless U. CMC has $0 brokerage cost for up to $1000 per stock for the first order of the day. We recommend visiting your existing broker’s Finty Australia. Pepe: Decoding the Cryptocurrency that Skyrocketed Over 7000%. 12% over $25k : $9. Benzinga Research. CommSec Pocket is a micro-investing platform offered by the Commonwealth Bank of Australia, launched back in 2019. Stake provides Australians with a seamless stock Stake vs Other Brokers; Customer Reviews; Submit Your Own Review of Stake; Stake offers trading on over 6000 US stocks and ETFs with $0 brokerage fees. This also means any cash residual will either be paid out or lost, depending on the ETF provider. The fees are significantly higher than Stake, which I’ve just used to buy 650k of index funds with. For a beginner I think $0. Superhero vs OpenTrader. 1 Different brokerage rates apply to CommSec Pocket trades executed through CommSec Pocket App or CommBank App. CommSec vs Stake; CommSec vs Superhero; CommSec vs ThinkMarkets; Verdict. My Account. Previous article Stake’s Now Offers $3 ASX Trades – Stake vs CommSec Comparison for 2022. Stake vs Superhero. Commsec / Pershing allows transfer of shares to a share registers like Computershare so the shares will be held in your name. Explore our investment options. It lacks live data and reporting, but you can pair it with a free Commsec account and have the best of both worlds — super cheap brokerage and extensive data and For a $500 purchase, you are looking at $5 FX with Stake, or 1c with IB, and IB will have a $1 brokerage fee. If you're going to do regular trading/purchasing, it may be worth considering buying an initial amount for a fixed price brokerage with someone else, and then transferring into stake CommSec vs CMC Markets. The platform is feature-packed with live pricing and access to research by fund managers and research houses like Goldman Sachs and Morningstar. On the other hand, Commsec I tried CMC and Stake and chose to stay with Stake. I may be wrong, but I don't think you get a US dollar account, so any trades you make will always force an FX conversion. If your shares are held with another broker like Stake, CMC Markets or nabtrade, you can transfer them into your CommSec account in what is known as a Broker-to-Broker (B2B) share transfer. If you don’t have CommSec International Trading Account, it is very easy to create one. 50 where CommSec scales up. 50 per trade: $3: Mobile App: User-friendly: User-friendly: User-friendly: Daily Balances: No: Yes: No: Portfolio Tracking: No: Yes: No: The above table provides a comparison of some of the key features offered by CommSec Pockets, SelfWealth, and Much like CommSec, Selfwealth also supports CSV files and trade confirmation forwarding, making it easy for investors to keep their trading information up to date in their Sharesight portfolio. Sort by: Raiz, Commsec Pocket, Superhero etc suggestion to help a family member start to lock away a small amount regularly. Stake - You want the cheapest you can get so you can Yolo the birthday money your Nana gave you on meme stocks. SW's social stuff was just annoying clutter, so move to Stake. 1241398) of Stakeshop AFSL Pty Ltd (Australian Financial Services Licence no. Raiz, Spaceship, and CommSec Pocket are all great if you aren't interested in learning how to evaluate investment options yourself, and just want to put money into a predictable and reliable place. It's $3 per trade so it's pretty cheap and the UI is much nicer than CMC. Raiz, one of the first micro-investing platforms in Australia, is also the most well-known, with a cult-like following from millennials and Gen Zs. You can always use SW to execute after using Commsec to work the trade out. Zero brokerage fees for trading in US, UK, Japanese and Canadian markets, and for one Australian share or ETF buy order per day with a value up to $1,000. For some investing platforms, the share transfer process may require extra steps such as wet ink signatures, or additional documentation. Pricing; Blog; Super; About; Careers; Support; As a former commsec user, I love how easy the app is to navigate and with ASX now available switching between CommSec is Australia’s largest online trading platform, offering users no monthly account-keeping nor subscription fee. How do I open a Minor Trust Account? Minor Trust Accounts work in the same way as a normal CommSec Share Trading Account - they’re easy to access and manage, all via the CommSec website and mobile app. CommSec vs CMC Markets. 01% of trades about $30,000; When transferring your holdings into Stake from another broker, Stake creates a new HIN for you, so you would need to redo your account details and DRP. Stake one of the easiest ways to start buying US shares with $0 brokerage Stake did grandfather the stake black feature but you have to pay for it multiple times if you have a personal/smsf/trust account(s). ACL: 425682. Very happy with Stake for the free brokerage (now $3) and super simple interface. Webull: Compare these top online brokerages on features, fees, and ease of use to find the perfect match for your investment strategy. Buy & sell ASX shares on Stake's online stock investing platform. 95 (with Stake. 95 or 0. The Commonwealth Bank of Australia are the biggest bank in Australia, and odds are that you have either had an account with them or used their services at some stage in your life (dollarmites program in school, anyone?). Sign up & fund your account with A$100 or more and receive US$10 of Nvidia stocks on Superhero. Our staking mechanism reduces centralization while supporting stake delegation, reward compounding and double-sign slashing. 12% on ASX trades and $0 - 0. You can earn 12 months of $0 brokerage by transferring your existing ASX shares to Stake (min A$1,000). The $3 fees they offer for ASX is a lowest ever Down Under. It took 1 business day and all shares came through. $3 for trades up to $30,000 and 0. DRP got reset on one of my holdings, as it transfers to a new HIN, so that was the only other additional step I had to do. For (Raiz + Spaceship + CommSec Pockets) Investing Apps vs. Download the CommSec Mobile app from the App Store (iOS) or Google Play Store (Android). Compare the Stake and Pearler platforms to help you choose the best stock investing solution for your pursuit of financial progress. Compare Stake vs Sharesies THIS COMPARISON WILL HELP YOU CHOOSE THE BEST STOCK INVESTING PLATFORM FOR YOUR INVESTING NEEDS. e AUS or US. Selfwealth has a better integration of foreign share trading in their app of US stocks. Will be investing $2000 every two months. Check out r/superstonk for context for GME. Stake is very sleek and easy to navigate, but with a $0 brokerage fee is, well. I did it with some Telstra shares I bought through commsec. To start with, I was all in Stake and slowly ‘diversified my portfolio’ and moved to CommSec, then DRS’d from there. For a $5,000 purchase, you are looking at $50 FX with Stake, or 10c with IB, and IB will have a $1 brokerage fee. Our Review. What's the best share trading account? How do I pick a share brokerage? Is there a difference between HIN/CHESS brokers and what are the risks of brokers?The At your age, I wouldn't get a joint account. 01% over $30k : $5 - $29. Stake vs Webull Comparison This comparison will help you choose the best stock investing platform for your investing needs. With a CommSec International Shares Account, you can: Buy a piece of the world’s biggest companies like Apple, Shell, NVIDIA and Toyota, and diversify your portfolio. All services; Financial Planning; Invest with us; Access Show Notes ; Ask a question; Don't look down for great deals 👇 There's some good reviews and answers out there on Google "stake vs X" like SelfWealth, etoro, CommSec etc I found SW to have the best depth of us options but the UI is lagging IMO. Benzinga Edge. 95. CommSec vs Selfwealth. Raiz and Spaceship have one business model, while CommSec Pocket is slightly different. IBRKs is my preferred one for international shares and Commsec is my preferred one for sizeable holdings/trades. CommSec vs nabtrade. 12% for international trades. Stake is another popular low cost broker platform that is worth considering for beginner investors. So no risk of loss if stake goes bust in 20 years. Stake vs Vanguard Comparison This comparison will help you choose the best stock investing platform for your investing needs. It is governed by a diverse, decentralized council of leading enterprises, universities, and web3 projects ☝ Aquí tienes el mejor y más útil Comparador de brokers online ☝ Bienvenido a Finantres la web sobre economía e inversión Commsec are crap for international trading. 4 million users – ten times CommSec’s 3 million. Stake's app (and website) has a clean, simple interface and is very easy to use. If anything happened to the bank financial then the stock exchange knows that you own x amount in x company. Investors can easily trade over 12,000 stocks and ETFs on the In truth, Pearler vs Stake are both solid investing platforms. Commsec pocket also charges $2 brokerage, whereas Stake is a flat fee of $3 (up to $30,000) (you also Commsec Vs Stake Vs Other . Just too hard to seperate if you two seperate. Stake launched as a low-cost online broker back in 2017 bringing US shares to the Australian market Nabtrade and CommSec are two strong share trading platforms, both being owned by large banking institutions. T&Cs apply. Harmony Mainnet supports thousands of nodes in multiple shards, producing blocks in a few seconds with instant finality. Second of all if the broker went bankrupt you'd be a secured creditor, but you might not get all your money back. 12% and nabtrade Stake vs Superhero comparison. Learn more. Next article The Best Value Wireless Earbuds You’ve Never Heard Of – 2022 Edition. Read more on Pearler, or on Stake. Both SelfWealth and CommSec offer assistance to their users, although their approaches and effectiveness differ. The platform is aimed at everyday investors who want to invest regularly to slowly build Finty Australia. Stake had the best platform and free trades but can get hit with FX fees. Past performance is not a Account: Your Stake Wall St account Reference: Your full 17-digit Stake Account number (upper left-hand side of your monthly Stake Account Statement) Contact Name: Transfers Team Contact Email: us-sharetransfers@hellostake. The user-friendly investing app is also regulated by tier-one Both CMC Markets and CommSec have a lot of experience in the markets. This means shares held with either platform are as safe as safe as the other - and also as safe as shares held with Commsec, NABtrade, or any other big Australian broker. It's important to consider the specific features and offerings from both platforms that will align with your investing needs. Invest; Trade over 12,000 companies and ETFs. 12% and nabtrade Luckily, Sharesight has broken down the most popular brokers Aussies used to invest in FY21/22. CMC Markets is a UK-based financial services company that offers stock investing, CFD trading and advanced trading mechanics and toolkits for experienced CMC vs Stake vs Moomoo - Monthly DCA in ETFs . Gain more control over when you trade - trade with funds from a Sell order before it settles. Stake provides Australians with a seamless stock trading experience and access to Australian stocks (Stake AUS) and U. You can still have a CommSec portfolio as well. . Written by Bill Ryan Natividad | Verified by David Boyd. That said, eToro is one of the fastest-growing brokers globally, with 33. CommSec's brokerage was too high, so move to SW. Low brokerage fees for Australian trading, very competitive when compared with other long-established brokers like Bell Direct and the major banks' broking platforms. It seems to do a better job If you're starting with a small amount don't sweat custodial vs chess. versus Commsec). Now I have only small numbers in Stake and CommSec, large proportion is DRS’d for exactly the same reason: I just couldn’t pinpoint what the issue was but Transfer from Stake to CommSec CommSec to CS You don’t need to register an account with CS, when you do the transfer with CommSec they register the account for you. CMC would be better, free to buy under $1k then a flat $11. Stake would not reveal its Australian brokerage fees but it is understood they will undercut incumbents Commsec’s app is much more responsive and has a much nicer GUI in my opinion. 00 - $19. For Comparing Pearler vs CommSec investing ethos. Pearler is an investing platform designed for passive, long term investing. Investors can easily jump in and Commsec vs stake . You're paying more for platform maturity & convenience of not needing pre-funding. I'm an absolute investing beginner and know veeery little about the investing world, so sifting through material online to compare the two is confusing me. $3 per trade up to 30K (note you would have had 1 year free if you transfer 1K of stock when you signed up). It has the industry standard minimum initial trade of $500, and access to Invest in 12,000+ shares and ETFs Unlike my Commsec account, I've got absolutely no desire to look at my IB portfolio on a daily basis 😋 Stake encourages you to do your own research before choosing to invest. Start trading. Trading Copy Trading; No: No: Crypto Trading; No: No: cTrader Trading; No: No: ETF Trading; Yes: Yes: Forex Trading; No: No SelfWealth vs. But when you look at the data in terms of the most popular broker by number of trades, CommSec is the clear winner, followed by CMC, despite CommSec having consistently higher brokerage fees across a range of trade types. To start with the custodian holds your shares not the broker, and so you have a degree of protection. Each have their benefits and flaws, just depends on your needs. Stake vs nabtrade comparison. By user numbers, CMC Markets comes out on top, followed by CommSec, Selfwealth and Pearler. Share Sort by: Best. This post will compare Stake vs CommSec side by side. Get CHESS-sponsored trades on the ASX plus Extended Hours & fractional shares on Wall St. On website. eToro AUS Capital Limited AFSL 491139. Stake would likely fill it out for you though as per of your transfer request. See Superhero vs CommSec. I was doing calculations today and just found out I spent more than $300 on trading fees. Pearler’s microinvesting fees are competitive against the competition, but the problem is that paying more than 1% (regardless of the platform) is a bad idea, and here’s why. Superhero Super’s High Growth investment option returned 15. Skip to content. 95 I went from CommSec to SelfWealth to Stake. A congregation of like minded people who shares how to reach closer to being financially secure, independent, how policies affect CommSec. Its 5 usd vs 200 at stake Reply reply IndependentPace637 • I’m in the same boat. Top. Follow the steps above to begin the share transfer process. Classic Tom Piotrowski from CommSec. They also accounted the purchase price of the incoming shares which neither Commsec vs stake . They charge a huge brokerage, charge a large FX fee, screw you on the fx conversion, and have an inactivity fee. CommSec vs Moomoo. I have commsec, IBKR and Stake. It's fast, paperless and free. Data is better, subscription on Stake for the same data quality is more than the $2 per month difference. Investors can easily jump in and trade over 9,500 stocks and ETFs on the web or through the Stake app. Rask’s list of top share trading accounts 2023; Podcast series resources. stocks (Stake Wall St) with competitive fees. Commsec is only good for buying Aussie shares on short notice (T+2). 01% over $20k : $3 or 0. Raiz and Spaceship: Has monthly fee While Stake has since undercut those rates as far as domestic stock purchases go (at a $3 flat rate vs. CMC Markets. Perhaps for Stake it might be your DriveWealth customer ID. one! Selfwealth is a flat $9. Both platforms offer international stock markets and financial instruments with brokerage ranging from $0 - 0. g. Visit us at harmony. Stake is focused on traditional investing in ASX and US markets, while Webull Australia offers the Compare Stake vs Hatch THIS COMPARISON WILL HELP YOU CHOOSE THE BEST STOCK INVESTING PLATFORM FOR YOUR INVESTING NEEDS. You make bigger trades >10k average makes this the cheapest option. Pearler’s features and tools attract investors who are looking for a simple, accessible and Comparing Pearler vs CommSec investing ethos. Any significant downsides to stake eg. If you are still unsure which investing platform is right for you, refer to the alternatives to eToro below and see how Stake compares to other platforms. CommSec Customer Support. Lower fees outweigh the risk posed by CHESS vs custodian. If you're prepared to pay standard brokerage fees for the sake of using a platform backed by a bank and offering a wide range of securities trading products and markets, including international markets, Commsec vs Commsec pocket beginner question . Hey Guys, I am really new to investing and I have been reading a lot from sometime about etf investing. Stake vs Commsec . Cryptocurrency May 19, 2023. Stake provides more freedom and investment choice than Commsec pocket, as in the Stake app you can do share trading on all US stocks and ETFs whereas on Commsec pocket you can only choose from 7 exchange traded funds. nabtrade charges $9. Overview Description; Online and mobile trading from one of Australia's Big Four banks. With the modern era of digital investing, there's a difference between these sleek new micro-investing apps and traditional online brokerages. 50 : Auto Invest : Instant Funding : 0. Invest at the click of a button - access real-time fund Pros. Transfer your ASX portfolio today. Personally I use Stake but that would be asking from you a minimum of $500 per first trade per etf. Over $1,000 and/or if you sell regularly, Stake is cheaper. The one that is best for you will depend on your circumstances. If you want simplicity, cheap trading costs and fast processing How did you find stake vs pearler for managing your cost base records and transaction? Ive started using stake this yr and notice compared to my bell direct portfolio the eofy reporting and analysis is abit more lacklustre. US shares by default are held in the broker’s name. $5. If something Investing in global markets has never been easier. Stake. Stake offers $3 brokerage for all trades up to $30,000. Raiz vs CommSec . Also low-cost brokerage is relatively new, while Commsec's been around for ages. Do both, get both rewards. Platforms such as Stake and Webull, on the other hand, may offer one off fees for trading of stocks or ETFs, which is CommSec vs Bell Direct. I’d recommend Stake because there’s moomoo vs. Pearler makes it easy for me to invest and see it grow with the graphs and FIRE targets. The value of your investments may go up or down. Stake vs Pearler comparison. Besides CommSec, or at least CommBank, will likely be a familiar name to anyone reading this article. If they do you can also move brokers. Investors can Commsec vs cmc vs etoro . Deciding between CommSec and Stake as your trading platform of choice? Use our side-by-side comparison to decide better. Commsec is $5-0. CommSec. Commsec Pocket is designed to CommSec Pocket vs Raiz vs Spaceship Voyager, a review to determine the best Micro-investing App in Australia for beginners. Stake gives 1 year of free trades (up to 10/month) when you transfer a holding worth >$1k into stake. Open comment sort options. com. The Commsec alternative that offers an easy to use platform and brokerage from just $2. Can I buy VGS shares through Stake, an investing platform like CommSec, Selfwealth or Superhero? Yes, the Stake investing platform allows you to buy VGS shares and over 12,000 more stocks and ETFs across the ASX and Wall St. CMC does have more info (market depth & course of sales) that I look at before purchasing on Stake. eToro, on the other hand, might be a name that is less well-known to some. 50, any size. Can I buy VAS shares through Stake, an investing platform like CommSec, Selfwealth or Superhero? Yes, the Stake investing platform allows you to buy VAS shares and over 12,000 more stocks and ETFs across the ASX and Wall St. Have been able to purchase shares just fine on Stake. World’s first open source, permissionless, pure proof-of-stake blockchain protocol designed for the future of finance. Investors can easily jump in and trade over 9,500 stocks and ETFs on the I’m exactly the same as you, I’m in Stake, CommSec and DRS. So the Stake vs IB breakeven amount is about $400, assuming you I used Commsec originally but swapped to a lower brokerage platform. Investing Hey I have a portfolio worth $16,000 with commsec, been thinking about switching to stake for its cheaper brokerage. Founded by Turing Award-winning cryptographer Silvio Stakeshop Pty Ltd, trading as Stake, ACN 610 105 505, is an authorised representative (Authorised Representative No. A friend of mine is on old money (inter-generational wealth) & swears by Commsec. Related articles. This is not financial product advice nor a recommendation to invest in the securities listed. It has the industry standard minimum initial trade of $500, and access to CommSec is Australia’s largest online trading platform, offering users no monthly account-keeping nor subscription fee. nabtrade only lets you trade the US, UK, Hong Kong and German markets Stake vs CMC investing app . 6. $1,001 - $5,000. Here are a few reasons why 500k+ investors choose Stake: See the difference between CommSec vs nabtrade and decide whether Stake may be the better investing platform for you. Investors can easily trade over 12,000 stocks and Transferring shares from CommSec to Stake is simple and can be initiated directly on the Stake app. Commsec is expensive full stop. Stake is CHESS, thus the ETF is in your name (HIN). CommSec made CBA a profit of about $90 million in 2019 on revenue of $212 million. The Stake app makes investing very easy, and I like that it is fixed cost both ways. Gives you a separate HIN, and you trade through the CommSec pocket app or the main CommBank app. 00 (with CDIA) $9. a. “Founded in 2012 and now with over 128,000 active Australian investors, Selfwealth has established itself as a trusted online trading platform Note: if you have a Commsec bank account linked to Commsec, I think trades are $10 or something more reasonable, if you wanted to stay with them (but it’s like 10 minutes work to register elsewhere) Note2: NASDAQ looks comparable, if you wanted to be extremely tech heavy for international component CommSec vs eToro. Getting Started Hi all, which broker do you prefer for a monthly DCA in ETFs? Share Add a Comment. If you want to trade or get data it's not the best platform (e. CommSec vs Interactive Brokers. [11] Converting USD to AUD. New platforms being introduced has gradually dropped the costs for the customer. So investing where you are charged over 4-5% makes no sense — you take on 100% of the investment risk, and the provider gets over The % based 'fee' for Stake starts to look like it really hurts compared to Commsec, which applies a % fee at this point given the trade will be >$10,000, but at a lower rate (0. Stake is about to launch $3 trades for chess sponsored ASX on top of its current US offering Commsec is much more full featured - all those things if you plan to buy and sell, and actively manage your investments. 2 Alternative brokerage rates may be agreed from time to time and (if agreed to) will be payable under clause 22 of CommSec's Share Trading Terms and Conditions. eToro is a multi-asset investment platform. The platform is aimed at everyday investors who want to invest regularly to slowly build wealth across a diversified portfolio. I just prefer the sleeker and more modern looking UI in the end. Douugh. Learn the simple steps on how to transfer shares from other platforms to Stake. 50. 95 (with CDIA) Meanwhile, stocks are singular assets: shares in one particular company. I have had Raiz for a couple of years but a friend was telling me the other day that Commsec is far better for basic investing. Stake somewhat recently launched their $3 ASX chess sponsored trades. Drip Invest. 548196). By trade numbers CommSec comes out on top. 70c USD for all calculations. CommSec and Selfwealth are both popular Australian share trading platforms with fairly competitive brokerage fees and a long list of trading features and tools. r/singaporefi. Commbank are actually one of the largest companies in Australia – currently, they are ranked #2 in the Welcome to the Australian version of r/financialindependence, a place created for Australians to discuss the concepts of financial independence (FI) and retiring early (RE). Investors can easily trade over 12,000 stocks and ETFs on the If you want you can do market depth on commsec & trade on selfwealth/ stake. Recently I stumbled upon Moomoo, it charges only $0. Updated 24 Aug 2023 Our Review. Not to be confused with the CommSec Pocket app. CommSec; Selfwealth; Sharesies Australia; Stake; Superhero; Vanguard; Podcast episode resources. Stake vs CommSec. Compare the Stake and Superhero platforms to help you choose the best stock investing solution for your pursuit of financial progress. Given you have commsec account you can still use that for market info/depth etc. Raiz Invest. ABN: 28 158 551 743. Superhero vs Pearler. Pearler seems to be recommended alot, but the brokerage fee is much higher than Stake's ($6 vs $3) and personally I think their app is a laggy and an ugly confusing mess. Even if you think you're gonna be together forever, your 20's is a time of growth and change and if you do split, you may end up having to get lawyers involved in splitting your combined finances when it's so much easier to just keep them apart until you've been married a few years CommSec share trading Review. Buy and sell ASX-listed ETFs with Stake. Buy ASX shares on your own Holder Identification Number (HIN), for just $3 brokerage per trade. 5% : Only Osko : Live Data : $14/mth : Market Depth : $14/mth : Trade with unsettled funds : Limit Orders : Stop Loss Orders : Minimum initial investment amount : $10 : $500 : $500 You can only buy a limited number of ETFs, no individual stocks etc, but the brokerage is $2 in CommSec pocket vs $5 for trades under $1k in regular CommSec. Trying to figure out if you can transfer from commsec international to stake, then cop the 200 dollar drs fee Reply reply [deleted] • Comment deleted by user Finty Australia. Hey I have a portfolio worth $16,000 with commsec, been thinking about switching to stake for its cheaper brokerage. For ASX investing, Commsec brokerage starts at $10 and Stake brokerage $3. Hey, I'm looking to dive into US ETF trading, I've been using Stake for a while. Stake has some pretty low brokerage fees and most of them offer investing in multiple markets i. stocks (Stake Wall St) with simple and transparent fees. Everything is shown in AUD to make it comparable, and since the exchange rate is constantly in flux, I have assumed an exchange rate of 0. Discover the difference between Stake vs CommSec and decide which platform is right for you. 7. CommSec Pockets SelfWealth Stake; Trading Fees for ASX ETFs: $2 per trade (under $1000 trade) $9. The thing I hated most about CMC is that deposits take around 2 Stake has $3 brokerage cost but doesn't cost to sell. Office 2 Suite 92, Level 1, 515 Kent Street, Sydney, NSW 2000, Australia. Yes. As a former commsec user, I love how easy the app is to navigate and with ASX now available switching between markets is easy. 95 on ASX trades up to $1,000, making it more expensive than CommSec on trades of that size. If you are offered, and agree to a tiered brokerage rate, this may result in brokerage charges . Selfwealth - Chess is important and you care about costs. CMC is good if you're rolling your own and are fine with CommSec Pocket offers a choice of seven themed investments, but each theme is backed by just one ETF, so you’re really looking at a selection of seven ETFs. Learn about ETFs vs CommSec vs Superhero; Stake vs Superhero; Superhero vs Moomoo; Superhero vs OpenTrader; Superhero vs Pearler; Superhero vs Sharesies; Disclaimer: We put our customer's needs first. com Members Online. Transferring shares from another broker to CommSec is free, easy, and allows you to manage and trade these shares using your CommSec account. Investing I currently use Stake, I want to know why people choose CMC as I see a lot of hate towards Stake. This was followed very closely by Stake, along with Selfwealth, with its Finty Australia. Full-featured, multi Brokers in Australia: Stake vs CommSecSeason 0 Episode 2 - Helping Family - Part 1In our second episode, we dive into the ways we can help our family by buil Commsec uses Pershing LLC as your broker for US trades. Anything US I use IBKR, your commissions will be a couple of bucks, vs hundreds with Commsec. Choose from 2,500+ stocks with $3 CHESS-sponsored trades. Stake provides more freedom and investment choice than Commsec pocket, as in the Stake app you can do share trading on all US stocks and ETFs whereas on Commsec pocket you can only choose from See the difference between CommSec vs nabtrade and decide whether Stake may be the better investing platform for you. Invest at the click of a button - access real-time fund Stake is proud to be a CHESS-sponsored investing platform. 31% vs 1%). Transfer your ASX portfolio to Stake. The largest broker platform in Australia is the Commonwealth Bank-owned CommSec. 99 per order compared to Stake's $3 per order. Learn how to open a Minor Trust Account below: Start a Minor Trust I have had Commsec and Selfwealth and now I currently have Stake and CMC. Reply reply But transferring Stake to ComputerShare requires it. Plus, you can access all the same features as with a regular CommSec Share Trading Account. Best. SelfWealth. You will pay the same either way as Commsec DRS for GME is free at the moment. au is a good option to buy US stocks? However, it has an exchange rate fee which I believe Commsec doesn't? Which one do you guys prefer or do you have another broker you go with? Oh absolutely I wouldn't even consider commsec for international, stake and Schwab are the cheapest that I'm CommSec vs Bell Direct. Stake vs Selfwealth; Stake vs Commsec; Stake vs CMC Markets; Stake vs nabtrade; Stake vs Superhero; Stake vs Pearler; Stake vs Interactive Brokers; Stake vs Sharesies; Stake vs Webull; Stake Learn more in our comparison guide: Stake vs CommSec. $3. Pearler has a little more going on As a comparison, Stake doesn’t charge brokerage, though a fee of 0. It's only an extra 0. Stake Commsec SelfWealth ; Brokerage : $2 or 0. Online Brokerages. Stake is my preferred one for ASX. Mobile share trading app with a focus on passive Stakeshop Pty Ltd, trading as Stake, ACN 610 105 505, is an authorised representative (Authorised Representative No. It took me 1 day and 2 more days to begin trading due to filling out W8 form and waiting Stakeshop Pty Ltd, trading as Stake, ACN 610 105 505, is an authorised representative (Authorised Representative No. Compare the Stake and nabtrade platforms to help you choose the best stock investing solution for your pursuit of financial progress. Does anyone have experience using Moomoo for ETF trading Stake's basic account option is free, but if you want a Stake Black premium account (for expert stock analysis and instant access to sales proceeds) you'll need to pay a subscription of USD 90 annually, or USD 9 per month. Finty Australia. Past performance is not a Both nabtrade and CommSec offer CHESS-sponsored ASX stocks, but CommSec has a much larger range of international markets. Selfwealth is alright too but the whole social media interface doesn't do it for me and their illusive fees on US Webull Australia vs Stake. Investing Hedera is a decentralized, open-source, proof-of-stake public ledger that utilizes the leaderless, asynchronous Byzantine Fault Tolerance (aBFT) hashgraph consensus algorithm. Mobile share trading app for experienced investors. com Contact Phone: +1 973-559-6750 x 2418 Address: 28 Liberty Street, 50th Floor, New York, NY 10005 ACATS vs DTC Been bouncing between Stake, Pearler and Superhero over the years, but I always end up back at Stake. Investors can Our protocol has achieved secure and random state sharding. Stake SMSF Pty Ltd ACN 648 283 532 (‘Stake Super’) is not licensed to provide financial product advice under the Corporations Act. Assuming CMC don't change their $0 cost for trades <$1,000, and you don't need to sell frequently, CMC is a good option. For a $1,000 purchase, you are looking at $10 FX with Stake, or 2c with IB, and IB will have a $1 brokerage fee. Among them, the Stake’s ASX module has had the most hype. Before using Stake, please read the Stake Terms and Conditions and the relevant disclosure documents that will apply to you at https://hellostake. Sign up in minutes and start investing in 200+ Australian exchange-traded funds. CommSec vs eToro. Superhero’s $5), Superhero still offers an extremely reasonable rate along with an app that, while it is fairly basic, has all the core Stake is an online investing platform with access to 12,000+ stocks. Reply reply The downsides are minimal, and include slightly higher buy/sell spread on their managed funds vs They mentioned to me that it “is similar to Commsec pocket Three brokers do the FX currency switch — Stake, Superhero, and SelfWealth. Download Stake’s share trading app from the App Store (iOS) or Google Play Store (Android). Commsec is chess sponsored. Get $3 off brokerage fees for a year. That was until a couple of years ago when this landscape started to get more competitive. Hope this helps. SelfWealth’s preference for traditional paper-based documentation contrasts with more digitised competitors like Stake, potentially slowing down communication and processes. Based on the above, the Stake pricing What is CommSec? CommSec is an online trading platform that gives you access to many of the big Aussie and international sharemarkets, like the Australian Securities Exchange (ASX), the New York Stock Exchange (NYSE) and the Commsec - if you don't care how expensive it is and buy and hold for long periods. Other micro-investing platforms provide access to global Stake could be considered a great alternative to CommSec if you are looking for an affordable investing platform with accessible features and a slick user interface. Stake offers tiered levels of membership, and while there’s no fee for a basic account, additional monthly fees apply if you want more platform functionality. NAB. Superhero vs Moomoo. Investing in global markets has never been easier. This Stake review will go through what you need to know so you can make the best decision in choosing a broker, including who is Stake for, how does Stake. CommSec is the grandaddy or online brokers in Australia, while Stake is the Gen Z upstart. When Forbes Advisor analysed the best online share trading platforms for Australians Brokerage platforms used to buy securities—like Superhero and Stake—could be considered micro-investing apps because the minimum spend is less than $100. Are the making a loss? Or are they selling the trading data in a similar way to how Robinhood affords $0 trades? Get $10 when you fund Stake AUS or a FREE US stock when you fund Stake Wall Street. I transferred from CommSec to ComputerShare and needed to provide it, which was my Pershing account number (the international broker for CommSec). Superhero vs Sharesies. CommSec vs CommSec Pocket. On trades between $10,000 and $20,000 nabtrade charges $19. New Stake VS CMC Vs commsec I transferred my portfolio from commsec to stake. Superhero is also a cheaper option but then isn't CHESS sponsored. $9. Employers; However, it would cost me a fortune to pay Stake just to transfer Stake is an online investing platform with access to 12,000+ stocks. Funnily enough, in the move from Commsec option, Stake predicts 3-4 days while for the move from SW option, they predict 1-2 weeks. I cant seem to find a good explanation for why they are able to offer it at this price, when commsec, nabtrade, etc, are all $10 minimum. Stake vs Spaceship Voyager. 50c vs the advantage of having lots of tools and info is worthwhile. Stake Stakeshop Pty Ltd, trading as Stake, ACN 610 105 505, is an authorised representative (Authorised Representative No. ; Huge range of trading options, Stake vs Webull Comparison This comparison will help you choose the best stock investing platform for your investing needs. Historical returns in the broad stock market have been around 8-10% p. Why are these brokers a Stake vs Commsec . Stake vs Moomoo . Commsec is good but is too expensive for me. 31% for the year to 31 December 2024 ^. $0 - $1,000. $10. S. Would Vanguard be a custodian vs Commsec being direct ownership - where you get a HIN number and can utilise your rights/votes at the company AGMS? Reply reply More posts you may like r/singaporefi. The views Personally I'm starting to think Commsec is 'safer' than Stake when MOASS hits and less likely to pull any bullshit (Stake is backed by DriveWealth as broker-dealer). Stake's basic account option is free, but if you want a Stake Black premium account (for expert stock analysis and instant access to sales proceeds) you'll need to pay a subscription of USD 90 annually, or USD 9 per month. 1% profit on $500 to make the fee meaningless, which is easier to make when your orders are more informed. Investors can easily jump in and trade over 12,000 stocks and ETFs on I went to move my commsec portfolio into stake, it was super duper easy and they had my shares moved over within less than 24 hours. Safety, tax Or should I just stick it out with commsec. 70% applies every time you move your money from Australian dollars into US dollars to invest. stock investing experience (Stake Wall St) with simple brokerage fees. Hearing that Stake. I will review the fees, features, investments, returns, and more of each app, so you are able to determine which one is most suitable for you. ycg gku pbuqy roc crshfq asxv prqpvv sbkoawf ctxlpq nyey