Here at Stake, transparency is key so we will always be completely open and clear on how the company makes money. Currently, we make money in these ways:
- FX Fees and associated fees (e.g. Instant Funding) when you transfer into or out of USD on your Wall St account
- Brokerage fees on trades
- Stake Black Membership fees
- Stake Super Membership fees covering full SMSF set-up administration (learn more)
- Interest earned on cash sitting in the US brokerage accounts and AUD wallets
Our broker partner, DriveWealth purchases a security called DARXX, a money market fund administered by Bank of New York Mellon, to ensure that funds held in USD brokerage accounts are covered under SIPC Insurance.
With every transaction on Stake, you'll see any charges before you transact. You can review all of our pricing on our pricing page and pricing PDF.