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Equity trading fees Stake

Your expert
Gyula L.
Fact checked by
Tamás D.
Updated
Jan 2024
Personally tested Personally tested
Data-driven Data-driven
Independent Independent

Is stock trading free at Stake as of January 2024?

My key findings in a nutshell
Gyula
Gyula Lencsés, CFA
Stock Market Maestro | Stock Market • Investment • Market Analysis

I've thoroughly tested Stake services with our analyst team by opening a real-money account and these are my most important findings:

  • Stake doesn't offer commission-free stock trading
  • Commission-free stock trading is increasingly common among stock brokers
  • Commission-free stock brokers often charge users via a wider buy/sell spread

You can view stock trading fees charged by Stake in the most popular trading locations in the table below.

Stake stock trading fees
Country Fee amount
US $3 per trade up to $30,000, or 0.01% per trade $30,000 or greater
UK Not available
Germany Not available

Data updated on January 24, 2024

At BrokerChooser, we only publish objective analyses based on live testing. Every recommendation is unbiased and based on first-hand experience: we open a live account anonymously at each broker, deposit real money and test every important feature.

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How does commission-free stock trading work?

Are you worried that stock trading commissions will put a dent in your investment performance? There's an easy remedy for that: commission-free stock trading. Yes, you heard that right. Many brokers in the US, and now also increasingly in Europe, charge you nothing for buying or selling stocks (or ETFs).

Some of you must be wondering, how can brokers make a living if they offer stock trading for free? First of all, while stock trading may be free, these brokers often charge fees for trading assets other than stocks (such as bonds or mutual funds), or for other services such as money withdrawals or currency conversion.
Also, did you notice that tiny spread between the buy/sell prices of a stock? That spread goes toward the profit of so-called market makers - basically large traders that help execute everyone's buy/sell orders. Brokers can receive a slice of this profit in exchange for channeling your buy/sell order to a specific market maker; this is called payment for order flow. Because of this, you may get slightly less favorable price quotes than at non-commission-free brokers.

Like with all things free, watch the fine print. Commission-free trading sometimes applies to US stocks only, not international stocks. Be mindful of conversion fees, which may apply if you trade an asset in a currency other than that of your account. In general, don't let a tiny stock commission deter you from a broker if its other fees are low and its services overall are great.

To read more about possible expenses you may face as a long-term investor, check out our summary of the most common brokerage fees.

Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.

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Further reading

Author of this article

Gyula Lencsés, CFA
Gyula Lencsés, CFA

Gyula is a former analyst expert and Head of Content at BrokerChooser. With over a decade in finance, he led content creation at BrokerChooser and personally evaluated some of our 100+ listed brokers. He opened real-money accounts, executed transactions, and engaged with customer services, offering firsthand assessments. Prior to BrokerChooser, he managed mutual funds in wealth management, trading stocks, ETFs, bonds, commodities, forex, and derivatives. His goal: simplify the hunt for top brokers in a dynamic investment landscape.

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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