Davy Select vs Stake compared

Updated: Aug 2023
Updated: Aug 2023
Davy Select
Stake
2.7
4.3
When you invest your capital is at risk
Davy Select
Stake
You can't open an account in United States
You can change your country under 'Regional settings' near the bottom of this page
You can't open an account in United States
You can change your country under 'Regional settings' near the bottom of this page
Key differences
We took 8 criteria of our comparison (fee, account opening, customer service, markets&product, research, trading platform, deposit&withdrawal) and listed the angles with the greatest difference here below.
  • Account opening score
    1.0
    /5
  • Fees score
    1.0
    /5
  • Customer service score
    4.5
    /5
  • Account opening score
    5.0
    /5
  • Fees score
    4.2
    /5
  • Customer service score
    1.7
    /5
Recommended for
  • BeginnersYES
  • EquityNO
  • ForexNO
  • CFDNO
  • BeginnersYES
  • EquityNO
  • ForexNO
  • CFDNO
Top 5 brokers
Based on your country, these brokers are great matches for you.

Basic data of broker

Overall score
2.7

Recommended for Investors focusing on Irish and UK markets

Overall score
4.3

Recommended for Beginners and investors looking for low-fee trading in US stocks/ETFs and a simple, easy-to-use trading platform

Country of origin
Broker's country of establishment

Ireland

Country of origin
Broker's country of establishment

Australia

Fees

Fees score
1.0
Fees score
4.2
Fees summary
BrokerChooser's qualitative summary on the broker's prices

High trading fees

Fees summary
BrokerChooser's qualitative summary on the broker's prices

Low trading and average non-trading fees

Stock and ETF fees

Forex fees

Fund fees

Bond fees

Options fees

Futures fees

Crypto fees

CFD fees

Non-trading fees

Deposit and withdrawal

Deposit and withdrawal score
2.3
Deposit and withdrawal score
2.2
Number of base currencies
How many account currencies you can choose from

3

Number of base currencies
How many account currencies you can choose from

1

Deposit type

Withdrawal type

Account opening

Account opening score
1.0
Account opening score
5.0
Account opening fully online
Account opening fully online
Minimum deposit
The minimum amount you have to deposit for using the account

$535

Minimum deposit
The minimum amount you have to deposit for using the account
Minimum deposit of AUD 50 for Australian customers, £50 for UK customers.
*

$50

*
Time to open account
BrokerChooser estimation on time needed to access account after all documents are provided by customer

>3 days

Time to open account
BrokerChooser estimation on time needed to access account after all documents are provided by customer

1 day

Required documents
Documents required for opening an account

Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill / driver's license / credit card statement

Required documents
Documents required for opening an account

Australian ID for Australian clients. No documents needed for UK clients.

Trading platform

Web platform score
4.2
Web platform score
3.6
Mobile platform score
-
Mobile platform score
4.1
Desktop platform score
-
Desktop platform score
-

Markets and products

Markets and products score
3.1
Markets and products score
1.7
Stocks
Stocks are available
Stocks
Stocks are available
only US stock exchanges
*
*
Fractional shares
Fractional shares are available
Fractional shares
Fractional shares are available
$10 is the minimum
*
*
ETFs
ETFs are available
ETFs
ETFs are available
European clients need to have at least $30k portfolio value to access US ETFs.
*
*
Forex
Forex is available
Forex
Forex is available
Funds
Funds are available
Funds
Funds are available
Bonds
Bonds are available
Bonds
Bonds are available
Options
Options are available
Options
Options are available
Futures
Futures are available
Futures
Futures are available
Crypto
Crypto is available in any form (e.g. as a CFD or ETF)
Crypto
Crypto is available in any form (e.g. as a CFD or ETF)
CFDs
Any CFD is available, e.g. stock CFD or commodity CFD
CFDs
Any CFD is available, e.g. stock CFD or commodity CFD

Research, education

Research score
3.5
Research score
3.3
Charting quality

Poor

Charting quality

Poor

Education score
3.5
Education score
0.5
Demo account
Demo account

Customer service

Customer service score
4.5
Customer service score
1.7
Phone
You can reach the broker by phone
Phone
You can reach the broker by phone
Live chat
Live chat is available
Live chat
Live chat is available
Email
Email support is available
Email
Email support is available
24/7 availability
At least one customer support channel, i.e. live chat, phone or email, is available even on the weekend
24/7 availability
At least one customer support channel, i.e. live chat, phone or email, is available even on the weekend

Security

Investor protection amount
The protection amount depends on the country where you opened your account. In the US, forex trading and commodity-related contract (e.g. futures or options) are generally not covered.

€20k

Investor protection amount
The protection amount depends on the country where you opened your account. In the US, forex trading and commodity-related contract (e.g. futures or options) are generally not covered.

$500k (securities up to $500k, cash up to $250k)

Investor protection
Amount of the investor protection provided by the broker

€20k

Investor protection
Amount of the investor protection provided by the broker

$500k (securities up to $500k, cash up to $250k)

Banking background
Whether the broker has a banking background
Banking background
Whether the broker has a banking background
Listed on stock exchange
The broker is listed on a stock exchange
Listed on stock exchange
The broker is listed on a stock exchange
Foundation date

1926

Foundation date

2017

Country of regulation
Which countries' regulators oversee the broker

Ireland

Country of regulation
Which countries' regulators oversee the broker

Australia, UK

Davy SelectDavy Select

For detailed information and hands-on experience, read our review of this broker.

StakeStake

For detailed information and hands-on experience, read our review of this broker.

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.

Davy Select's service is weaker than Stake's and a comparison of their fees shows that Davy Select's fees are much higher than Stake's.

Account opening takes considerably more effort at Davy Select compared to Stake, deposit and withdrawal processes are about the same quality at Davy Select, while customer service quality is much better than Stake's.

Our experts rated the trading platform of Davy Select as much less user-friendly than the platform of Stake, found that clients have access to more markets and products with Davy Select, while Stake provides just about the same quality of research and education.

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