Stake – Stocks | ETFs | SMSF

Effortless U.S. Investing is an application that allows users to easily invest in the U.S. stock market. With access to over 9,500 Wall Street stocks and ETFs, users can expand their investment options with over-the-counter securities and invest as little as US$10 with fractional shares. The app also offers extended trading hours, allowing users to trade before and after the market opens. With a low brokerage fee of US$3 on trades up to US$30K, investing in the U.S. market has never been more accessible.

For those looking to invest in the Australian stock market, Effortless U.S. Investing also offers the ability to invest in over 2,500 Aussie stocks, ETFs, and exchange-traded bonds. Users can enjoy the security of CHESS sponsorship, meaning their HIN and shares are protected. With a low brokerage fee of A$3 on all trades up to A$30K, investing in the ASX has never been more affordable.

The app offers a simple trading experience, allowing users to easily switch between markets with a single tap. Funding is also made easy with convenient methods such as Apple Pay and Google Pay, and currency transfers are smooth. Users can also monitor prices with multiple watchlists and access enhanced charting with interactive insights. The onboarding process is paperless and tax reporting is uncomplicated, making the trading experience hassle-free.

Stake also offers additional features such as Stake Accumulate, an income fund with a target return of 2% p.a. above the RBA cash rate. Users can reinvest earnings with the aim to compound over time and there are no exit fees. Stake Super allows users to take control of their super investments with Australia's most hassle-free SMSF admin. With a low annual fee of $990, users can seamlessly integrate their super with Stake's award-winning investing platform.

Security is a top priority for Stake, with the app and its partners being regulated in Australia, New Zealand, and the U.S. Two-factor authentication is also available to help protect user accounts. U.S. shares are protected for up to $500K under SIPC and Stake adheres to a strict privacy policy and commitment to data security.

Stake also offers rewards for users, such as free U.S. stock or A$10 when opening and funding an account. Users can also refer friends to receive brokerage discounts and free stock. For those looking to transfer their ASX shares, bringing A$1,000+ worth of shares to Stake will result in a year of $0 brokerage on Stake AUS. Advanced features are also available with Stake Black, including access to analyst ratings and price targets, full financials on U.S. stocks, and the ability to trade on unsettled funds with Instant Buying Power. Memberships for Stake Black start at A$12/month.

With over 12,000 5-star reviews, including praise from experts at Motley Fool and Canstar, Stake is a highly recommended app for investing in both the U.S. and Australian stock markets. However, it is important for users to do their own research and consult with a licensed financial advisor before making any investment decisions. Stake's full terms and conditions, privacy policy, and disclaimers can be found on their website.