Overview of Stake fees and charges
It's safe to say that Stake's fees are low in general. They either don't charge a brokerage fee for things other brokers do charge for, or they only charge a small amount. This means that you can use Stake even in case you trade frequently like multiple times a week or daily.
Here's a high level overview of Stake's fees
| Assets | Fee level | Fee terms |
|---|---|---|
| US stock fee | Low | Commission-free stock trading |
| EURUSD fee | - | Not available |
| US tech fund fee | - | Not available |
| Inactivity fee | Low | No inactivity fee |
Stake fees
Stake fees explained
We compare Stake fees with its closest competitors, Freetrade and Alpaca Trading.
Stake fees
Stake trading fees
Stake's trading fees are low which makes it suitable for you even if you trade often (i.e. multiple times a week).
Let's break down the trading fees into the different asset classes available at Stake.
Trading fees
Stake's trading fees are low.
Stock fees and ETF fees
Stake has low stock trading fees.
| Stake | Freetrade | Alpaca Trading | |
|---|---|---|---|
| US stock | $0.0 | $0.0 | $0.0 |
| UK stock | - | $0.0 | - |
| German stock | - | $0.0 | - |
Financing rates
Stake financing rates are .
If you want to trade on margin and prefer to hold your positions long, financing costs can be significant.
| Stake | Freetrade | Alpaca Trading | |
|---|---|---|---|
| Apple CFD financing rate | - | - | - |
| Vodafone CFD financing rate | - | - | - |
| EURUSD financing rate | - | - | - |
| EURGBP financing rate | - | - | - |
Leverage is a double-edged sword and can dramatically amplify your profits. It can also just as dramatically amplify your losses. Trading foreign exchange/CFDs with any level of leverage may not be suitable for all investors.
Currency conversion fee
Stake will charge a Currency Conversion Fee for all trades on instruments denominated in a currency different to the currency of your account. The fee is charged as the following: 70 bps for AU/NZ clients and 0.5% for UK clients on deposit and withdrawal, min $2.
Stake fees
Stake non-trading fees
When it comes to looking at all the non-trading fees Stake is a cheap broker. This means that they don't charge you a lot for non-trading related activities on your trading account, like withdrawal fee.
Non-trading fees include various brokerage fees and charges at Stake that you pay not related to buying and selling assets. Among some others, typical non trading fees are withdrawal fee, deposit fee, inactivity fee and account fee.
| Stake | Freetrade | Alpaca Trading | |
|---|---|---|---|
| Withdrawal fee | $0 | $0 | $0 |
| Deposit fee | $0 | $0 | $0 |
| Inactivity fee | No | No | No |
| Account fee | No | No | No |
Stake fees
Stake deposit fee
Deposit fees are applied when you send money to your trading account from your bank account. Usually brokers don't charge money for that and Stake is not different: you will see the exact same amount on your brokerage account that you sent by any of the deposit methods Stake offers.
| Stake | Freetrade | Alpaca Trading | |
|---|---|---|---|
| Bank transfer | Yes | Yes | Yes |
| Credit/debit card | No | Yes | No |
| Electronic wallets | No | Yes | No |
| Deposit fee | $0 | $0 | $0 |
Stake fees
Stake withdrawal fee
Unlike some online brokers we have reviewed Stake does not charge a withdrawal fee. This means that you'll see the same amount of money on your bank account that you transferred from your brokerage account.
| Stake | Freetrade | Alpaca Trading | |
|---|---|---|---|
| Bank transfer | Yes | Yes | Yes |
| Credit/debit card | No | Yes | No |
| Electronic wallets | No | Yes | No |
| Withdrawal fee with bank transfer | $0 | $0 | $0 |
Stake fees
Stake inactivity fee
Stake does not apply an inactivity fee which is great because your account will not be charged even if you do not trade for a longer time period (months or years).
