Stake alternatives
The leading candidates to replace Stake on your home screen.
By Andrew Boyd | Verified by David Boyd | Updated 4 Jan 2024
As seen on
Comparing Stake alternatives
On website
Brokerage Fee
$0.00
Tradable Assets
ETFs, Shares
Tradable Indices
ASX, NASDAQ, NYSE
Signup Bonus
Sign up & fund your account with A$100 or more and receive US$10 of Tesla stocks on Superhero. T&Cs apply.
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).
On website
eToro
Please read the following disclaimer before applying.
Brokerage Fee
$0.00
Tradable Assets
Commodities, Crypto, Forex, Shares
Tradable Indices
AUS200, HKG50, JPN225, NSDQ100, SPX500, UK100, and more
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.
