Discover the difference between Stake vs Selfwealth and decide which platform is right for you. $3 brokerage for all trades up to $30,000. You can earn 12 months of $0 brokerage by transferring your existing ASX shares to Stake (min A$1,000). Sign up and deposit within 24 hours to claim A$10 and a bonus U.S. stock. .
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Stake vs Selfwealth comparison
Compare the Stake and Seflwealth platforms to help you choose the best stock investing solution for your pursuit of financial progress.
Stake provides Australians with a seamless stock trading experience and access to Australian stocks (Stake AUS) and U.S. stocks (Stake Wall St) with competitive fees. Investors can easily jump in and trade over 8,000 stocks and ETFs on the web or through Stake’s stock trading app.
Selfwealth is also an Australian-owned and operated share trading platform. It was founded in 2012 and is currently headquartered in Melbourne. Using the Selfwealth app and web trading platform, investors gain access to the Australian, U.S. and Hong Kong markets. They charge a $9.50 flat-fee per transaction on Aussie/U.S. shares, as well as an HK$88 + FX transfer fee to trade Hong Kong stocks.
👉 If you want to learn about our pricing just jump straight to theStake fees.
How they compare: Stake vs Selfwealth Comparison
Overview |
| Selfwealth |
|---|---|---|
Platform | Web, Android, iOS | Web, Android, iOS |
CHESS sponsorship |
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Regulator | ASIC | ASIC |
Referral bonus |
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Signup bonus |
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Minimum deposit | A$0 | A$0 |
Instant Funding |
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Bank transfer |
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Credit/debit card funding |
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Apple Pay / Google Pay funding |
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Fees | ||
ASX brokerage | A$3 brokerage for all trades up to A$30,000. | $9.50 AUD |
U.S. brokerage | US$3 brokerage for all trades up to US$30,000. | $9.50 USD |
Minimum trade (AU) | $500 for the first trade as per the ASX minimum parcel rule | $500 for the first trade as per the ASX minimum parcel rule |
Minimum trade (U.S.) | US$10 | US$25 |
FX on deposit and withdrawal | 70bps | 60bps |
Premium membership | Stake Black: From $12 up to just $17/mo | Selfwealth Premium: $29/mo or $240 annual subscription |
Transferring Australian shares (incoming) | Free (fees may apply with your departing platform) | Free (fees may apply with your departing platform) |
Transferring U.S. shares (incoming) | Fees may apply (learn more) | Free (fees may apply with your departing platform) |
Securities | ||
Australian shares |
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International shares |
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ETFs |
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Extended Hours trading |
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Tradeable markets | ASX, CBOE, NASDAQ, NYSE | ASX, CBOE, NASDAQ, NYSE, HKEX |
Last reviewed: 24 January 2023. The information displayed in the investing platform comparison table is not exhaustive and is subject to changes. For up-to-date competitor pricing and product offerings, visit their website. Seefull pricing detailsfor Stake.
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How we compare
Trade fees vs Other CHESS-sponsored brokers
Trade Amount |  | CommSec | NAB | SelfWealth |
|---|---|---|---|---|
$0 - $1,000 | $3 | $5.00 (with CDIA) | $9.95 | $9.50 |
$1,001 - $5,000 | $3 | $10.00 - $19.95 (with CDIA) | $14.95 | $9.50 |
$5,001 - $10,000 | $3 | $19.95 (with CDIA) | $19.95 | $9.50 |
$10,001 - $20,000 | $3 | $29.95 (with CDIA) | $19.95 | $9.50 |
$20,001 - $25,000 | $3 | $29.95 (with CDIA) | 0.11% | $9.50 |
$25,001 - $30,000 | $3 | 0.12% (with CDIA) | 0.11% | $9.50 |
$30,000+ | 0.01% | 0.12% (with CDIA) | 0.11% | $9.50 |
Last reviewed: 22 November 2023. The information displayed in the pricing comparison table is not exhaustive and is subject to changes. For up-to-date competitor pricing and product offerings, visit their websites. Please check ourpricing PDF for details.
Learn more about the benefits of trading with a CHESS-sponsored platform.
The Australian Securities Exchange (ASX) requires a minimum investment of A$500 (excluding brokerage) when purchasing shares in any ASX-listed security for the first time. This is known as the ‘Minimum Marketable Parcel' (MMP) of shares. The MMP applies to all CHESS-sponsored trades.
1000's of 5-star reviews
As a former commsec user, I love how easy the app is to navigate and with ASX now available switching between markets is easy.
Folasadé
I've never written an App review before, but Stake really has continued to wow me.
RajeevAUS
I started using Stake for US trading, and recently (very easily) transferred my ASX portfolio across to utilise the cheap trades.
TCT24_
Switched from nabtrade. Much better experience. Far cheaper.
mato94aus
A well designed and easy to use app to trade on the USA and AUS markets.
Kristan M
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Stake vs Selfwealth Comparison FAQs
How do I transfer my shares from Selfwealth to Stake?
If you’ve currently got shares held with Selfwealth, you can easily bring them across to Stake:
- Download the app, sign up to Stake and log in.
- Tap the 'More' icon on the bottom right.
Tap 'Portfolio transfers' and then select either
AUS portfolio transferor
Wall St portfolio transferfor U.S. shares. Then follow the prompts.
If you transfer ASX stocks over A$1,000, you’ll get $3 off your brokerage fees on ASX trades for 12 months. Transfer your U.S. portfolio over US$500 and get a free Dropbox stock.Terms and conditions apply.
What are the benefits of trading with Stake over Selfwealth?
There are plenty of benefits to start trading with Stake over Selfwealth, but here are just a few:
- A$3 brokerage on ASX trades up to A$30,000 instead of $9.50 offered by Selfwealth. Plus, if you refer a friend to Stake, we’ll take $1 off the brokerage for 12 months. This means that by successfully referring just three friends, you can unlock free ASX brokerage (on trades under $30,000).
- US$3 brokerage on U.S. trades up to US$30,000 instead of $9.50 per trade.
- A seamless, easy-to-use mobile experience tailored for the modern investor.
- No barrier to Wall St investing. Trade fractional shares of the world's largest companies like Microsoft and Amazon from only US$10.
What are some Selfwealth alternatives?
Each investing platform has its pros and cons when buying stocks in Australia. If you are still unsure which investing platform is right for you, refer to these Selfwealth alternatives below or see how Stake compares to other platforms.
- Stake vs CommSec
- Stake vs Superhero
- Stake vs CMC Markets
- Stake vs nabtrade
- Stake vs eToro
- Stake vs Pearler
Is my money safe with Stake?
Stake is regulated by ASIC in Australia, just like Selfwealth. We’re an Authorised Representative (No. 1241398) of Sanlam Private Wealth Pty Ltd (Australian Financial Services Licence No. 337927) and an Authorised Representative (No. 1241398) of Airwallex Pty Ltd (Australian Financial Services Licence No. 487221).
Like Selfwealth, we are bring you CHESS-sponsorship, which means that when you buy ASX shares, they are held under your personal HIN. And on Stake Wall St, your U.S. shares are covered under SIPC protection for up to $500,000 (including $250,000 for claims for cash).
Where can I download the Stake stock trading app?
Download directly from the Apple App Store and Google Play Store.
Which platform is better: Selfwealth vs CommSec?
Selfwealth and CommSec are both good options and have features that will appeal to investors.
Although, if you are looking for a sophisticated investment platform that offers simple and transparent brokerage, an immersive experience in the palm of your hand and over 8,000 shares across ASX and Wall St, then Stake is the choice for you.
Sign up and start investing with Stake today.
Should I invest in ETFs with Stake or Selfwealth?
You will need to weigh up the features and benefits of both platforms provided above to see which platform is right for you. Use the example below to see how much brokerage fees you would pay investing in exchange-traded funds:
Stake brokerage fee for an investment amount of A$500 is A$3. If you wanted to investA$500 once a month recurring over 12 months you would pay a total of A$36 in brokerage fees.
Selfwealth brokerage fee for an investment amount of A$500 is A$9.50. If you wanted to invest A$500 once a month recurring over 12 months you would pay a total of A$114 in brokerage fees.
You would save A$6.50 with a single investment of A$500 or save A$78 over 12 months.
This example is using the base brokerage fees, not including any offers or promotions that can reduce these amounts.
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