Stock trading at a glance

Buying and selling stocks is probably the most common form of investment and given the explosion in the number of online brokers over the past years, nearly everyone can invest in stocks. You don’t need a large amount of money to start investing in a company; everyday investors do it with $100 or less.

Stake clients have access to real stocks, meaning they can buy and sell shares at this online broker. Follow these easy steps to start buying stocks at Stake:

  1. Open an investment account at Stake
  2. Transfer money to your account
  3. Find a stock or ETF that you want to buy on the trading platform
  4. Buy the stock(s) or ETF(s)
  5. Review your positions regularly
  6. Sell as you see fit

Stake stocks: an in-depth guide to stock trading
What stocks can you trade at Stake?

Stake gives access to 2 stock exchanges for trading real stocks.

The following table contains an estimated number of stocks available at Stake and its closest competitors. Some brokers that offer access to the NYSE and Nasdaq focus on the biggest names and may not list some smaller companies. Other brokers allow you to trade all stocks listed on the respective exchange, giving you more flexibility in setting up your investment portfolio.

Snapshot of stock market and stock availability
Stake Freetrade Alpaca Trading
Number of stock markets 2 11 5
Approx. number of stocks 4,500 6,000 5,000

Check out the following table for details about US stock trading at Stake.

Due to limited trading activity, stocks usually have greater price fluctuation and wider bid-ask spreads during extended hours compared to standard market hours.

Stake US stock market details
Stake Freetrade Alpaca Trading
Number of stock markets 2 11 5
Number of stocks - - -

Stake stocks: an in-depth guide to stock trading
Trading costs at Stake

Trading stocks comes with a range of brokerage fees, which can be divided into trading and non-trading fees. Trading fees are directly tied to a trade and usually include commissions, spreads, financing rates and conversion fees. Non-trading fees are charges not directly related to trading, such as withdrawal fees or inactivity fees. When you are trading stocks, the most important fees are commissions. For a more detailed breakdown of costs related to investing, check out our in-depth guide to brokerage fees.

When it comes to trading real stocks at Stake, commissions are Low when compared with all brokers we’ve reviewed at Brokerchooser. The following tables contain the most important charges related to stock trading and the fees levied by the competitors of Stake.

We’ve calculated the fees for an imaginary trade of $2,000 worth of shares on American, British, Hong Kong and German stock exchanges. We’ve converted the GBP, HKD and EUR trading fees to USD for better comparison.

Stake stock and ETF commission for a $2,000 trade
Stake Freetrade Alpaca Trading
$2000 trade on the NYSE/NASDAQ $0.0 $0.0 $0.0
$2000 trade on the LSE - $0.0 -
$2000 trade on a German stock exchange - $0.0 -
$2000 trade on the Hong Kong stock exchange - - -

Now let’s take a look at non-trading fees. Most online brokers don’t charge an account fee, nor deposit fees, but inactivity fees and withdrawal fees are more common.

Stake fee snapshot for non-trading fees
Stake Freetrade Alpaca Trading
Account fee No No No
Inactivity fee No No No
Deposit fee $0 $0 $0
Withdrawal fee $0 $0 $0

Stake stocks: an in-depth guide to stock trading
Minimum deposit for trading stocks at Stake

The minimum deposit to open a brokerage account with Stake is $50. You can see in the table below how this amount stacks up against the closest competitors of Stake.

Minimum amount required to open an account at Stake vs its competitors
Stake Freetrade Alpaca Trading
Minimum deposit $50 $0 $0

Stake stocks: an in-depth guide to stock trading
Pattern Day Trading at Stake

The Pattern Day Trading (PTD) Rule applies at Stake. According to FINRA rules, you are a day trader if you execute at least four day trades within five business days. Pattern Day Traders have to maintain a minimum account balance of $25,000 in their margin accounts. This will allow them to engage in unlimited day trading. Brokers are free to impose a higher minimum requirement, which is often called a “house requirement.” If the account balance drops below the set minimum, traders are not permitted to day trade until the minimum level is restored. If the account balance is less than $25,000, a maximum four day trades are allowed in five business days.

Stake stocks: an in-depth guide to stock trading
Bottom line

While buying stocks and ETFs may prove one of the best long-term investments, it also carries a number of risks. In addition to unpredictable market movements, the most common risks include choosing the wrong broker, not diversifying your portfolio and investing in lousy stocks. To avoid some of these pitfalls, check out our guide about managing risks related to trading stocks.

We recommend only quality brokers, so you can be sure that none of the online brokers listed here are scams. In order to be sure, we check roughly 20 safety-related criteria, such as regulation, investor protection amount and the transparency of the broker’s financials. Lastly, at least one top-tier financial authority regulates all the brokers you can find on BrokerChooser.

If you want to read our full review of Stake, including fees, deposit options and platform reviews (like web and desktop), visit Stake review.

Author of this article

Gyula Lencsés, CFA

Author of this article

Gyula has more than 10 years of experience in the financial industry. He spent most of his career in the wealth management business as a portfolio manager of mutual funds. He has trading experience in a wide range of asset classes, including stocks, ETFs, bonds, commodities, forex and derivatives markets.

Gyula Lencsés, CFA

Head of Content

Gyula has more than 10 years of experience in the financial industry. He spent most of his career in the wealth management business as a portfolio manager of mutual funds. He has trading experience in a wide range of asset classes, including stocks, ETFs, bonds, commodities, forex and derivatives markets.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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