Stake alternatives
The leading candidates to replace Stake on your home screen.
By Andrew Boyd | Verified by David Boyd | Updated 28th April 2022
Comparing Stake alternatives
On Superhero's website
Brokerage Fee
$5.00
Tradable Assets
ETFs, Shares
Tradable Indices
ASX, NASDAQ, NYSE
Signup Bonus
None
Highlights
- Perhaps the closest like-for-like replacement for Stake is Superhero.
- Both platforms give you access to trade Australian and US markets.
- You can trade US stocks for free on both, but Stake is cheaper per trade than Superhero for ASX shares.
- You can invest into your SMSF with both and neither charges an inactivity fee.
- The main difference between Stake and Superhero is the ability to earn Qantas points on Superhero (the only broker to do so).
Brokerage Fee
N/A
Tradable Assets
Commodities, Crypto, Forex, Shares
Tradable Indices
NASDAQ, NYSE
Signup Bonus
None
Highlights
- While Stake has Australian and US markets, Australian eToro users are limited to US markets so far. (This will change though.)
- eToro offers access to more types of investments outside of equities, most notably crypto, but also commodities and CFDs for more advanced traders.
- You can stake a number of crypto assets on eToro and get decent yields, which is not possible with equities-only Stake.
- eToro's defining feature means you can copy other traders, so you don't have to do the research.
- Unlike some other Stake alternatives, you can set up a demo account with eToro and give it a go risk-off.
Sharesies
Brokerage Fee
0.5%
Tradable Assets
ETFs, Shares
Tradable Indices
ASX, CBOE, NASDAQ, NYSE, NZX
Signup Bonus
None
Highlights
- Sharesies is the Kiwi version of Stake. Both have a similar trading experience, so existing Stake users would feel at home moving over.
- Get access to NZ markets in addition to AU and US markets with Sharesies.
- For ASX trades, Sharesies is cheaper than Stake (and most others for that matter).
- Something you can do on Sharesies that can't be done with Stake: give someone a gift to invest in their account.
- Sharesies offers recurring buys. Set up your order — you can choose presets or customise your own — and take advantage of dollar cost averaging.
