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On 4 March 2023, we’ll be increasing our brokerage fees for the first time. In just five years, Stake has grown to be the fourth largest brokerage in the country, quickly chasing down the big banks. As we transition from challenger to Australia’s leading modern brokerage – and amidst rising costs in the current economic environment – this change is part of continuing to build out a robust financial services company while still innovating on products and services for you. The changes include: The introduction of a competitive brokerage fee on Wall St trades (up from $0); and A low percentage fee on large value Wall St and AUS trades. This will replace the existing fixed fee for large value Stake AUS trades. As always, Stake continues to provide you with fantastic access to the markets with over 8,000 U.S. and ASX stocks and ETFs, U.S. OTC stocks, ASX exchange-traded bonds and hybrid securities, all delivered in a clean, market-leading investing experience. New brokerage fees (from 4 March 2023): |
