Stake Review 2024 (Expert Review)
Stake Review Summary
Stake is an online brokerage company that allows you to access American stocks without opening an account with a U.S. broker. The site operates globally and allows users to trade on US exchanges with no trading fees. Stake's platform allows you to trade shares in listed companies in the US, Europe, and Asia. It has a mobile app that allows you to trade from your smartphone. It's a perfect option for new traders and experienced investors alike. Stake has a simple-to-use interface and has charts that cater to all levels of investors. There are zero commissions and no custody fees. Stake simplifies US tax compliance by automatically submitting your form to the IRS for you.
Stake review
Stake Platform Features
๐บ๏ธ Country of regulation | |
๐ฐ Trading fees | No |
๐ฐ Inactivity fee | Yes |
๐ฐ Withdrawal fee | No |
๐ฐ Minimum deposit | $50 |
๐ Time to open a Stake account | 1. *A Stake demo account can be opened in a few minutes, but live Stake trading account creation times will vary depending on how long it takes to process your Stake KYC documents. |
๐ณ Wire Transfer | Yes |
๐ Depositing with electronic wallet | No |
๐ฑ Number of base currencies supported | 1 |
๐ฎ Demo account provided | No |
๐๏ธ Financial Instruments offered | Forex, Majors, Indices, Energies, Metals, Agriculturals, |
Stake review
Stake Financial Regulation
Stake is regulated by .
Stake review
Stake Pros And Cons
Regardless of how you trade, there is always a risk to online trading, as well as some key advantages to using such a method. Below are some key pros and cons. The pros of using Stake include a large choice of assets that are available to be traded 24/7; and a modern website and mobile app; video guides and chart reading tools to help you carry out fundamental and technical analysis; community features to help you learn from and integrate with other platform users. On the other hand, the cons of using Stake can be that the spreads offered on trading cryptocurrencies (Availability subject to regulation) are relatively wide; no mutual funds available to invest in; high risk meaning it is not often a suitable platform for new traders.
Stake review
Stake Advantages
One of the main advantages of using Stake is around the clock service and support as well as research offerings. Not only this, but Stake has reduced transaction costs and fees that are often associated with traditional brokerage firms. This provides users of Stake with greater flexibility and more control - time is of the essence when trading, and where traditional brokers require appointments just to initiate a trade, trading with Stake makes the process a lot quicker. Finally, users have the ability to monitor their investments in real time. Stake offers stock quotes and trade information, making it easy for users to view how their investments are doing.
- Stake has been in business over 10 years.
- Stake offers mobile trading applications.
Stake review
Stake Disadvantages
Although Stake has a lot of good points Stake does not offer the below.
- Stake does not offer Stock Trading (See Stake alternatives who offer Stock Trading here)
- Stake does not offer Cryptocurrency Trading (See Stake alternatives who offer Cryptocurrency Trading here)
- Stake does not offer PayPal as a payment method (See Stake alternatives who offer PayPal as a payment method here)
- Stake does not offer Neteller as a payment method (See Stake alternatives who Neteller as a payment method here)
- Stake does not offer Skrill as a payment method (See Stake alternatives who offer Skrill as a payment method here)
- Stake does not offer Islamic Accounts (See Stake alternatives who offer Islamic Accounts here)
- Stake does not offer ECN trading (See Stake alternatives who offer ECN trading here)
- Stake does not offer Bitcoin Trading (See Stake alternatives who offer Bitcoin trading here)
- Stake does not offer the MetaTrader 4 platform (See Stake alternatives who offer the MetaTrader 4 platform here)
- Stake does not offer the MetaTrader 5 platform (See Stake alternatives who offer the MetaTrader 5 platform here)
- Stake does not offer the cTrader platform (See Stake alternatives who offer the cTrader platform here)
- Stake does not offer a Apple Mac desktop trading platform (See Stake alternatives who offer an Apple Mac desktop trading platform here)
- Stake does not offer Spread Betting (See Stake alternatives who offer Spread Betting here)
- Stake does not offer Hedging (See Stake alternatives who offer Hedging here)
- Stake does not offer Scalping (See Stake alternatives who offer Scalping here)
- Stake does not offer mobile trading applications (See Stake alternatives who offer mobile trading apps here)
Risk Warning: Your capital is at risk.
Stake review
Things to understand when trading with Stake
Trading with Stake involves risk. You should only risk capital with Stake that you can afford to lose. Understand your risk tolerance with Stake, and have a trading strategy that Stake is able to help you execute. Stake is a very accessible trading platform but you must take the time to be able to effective use the trading tools and financial instruments Stake give you access too.
Stake review
Stake Trading Fees
Trading fees on Stake are taken in the form of the spreads Stake offers when buying and selling financial instruments like stocks, commodities, fiat currencies and indexes on Stake. Stake fees vary depending on the financial instruments traded and can include, Stake overnight funding fees, spreads, margins and Stake inactivity fees, currency conversion fees, and a spread for applying a guaranteed stop order. There may be some fees when transfering money to and from your Stake account charged by your 3rd party payment provider if your Stake base currency is different from your Stake withdrawal method.
Name | Stake | IC Markets | Roboforex |
Account Fees | No | No | No |
Withdrawal Fees | $2 | No | Yes |
Deposit Fees | No | No | |
Inactivity Fee | Yes | No | No |
riskwarning | Try Now Your capital is at risk | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
Stake review
Stake Financial Instrument Fees
Stake fees for Forex, Majors, Indices, Energies, Metals, Agriculturals, are listed below.
Stake review
Stake Stock Trading Fees
The majority of Stake trading fees, commission is either a flat fee per trade or calculated based on the number of traded shares. Several brokers do also offer zero-commission trading for stocks, ETFs, and options. A Stake stock trading fee is a brokerage fee that is charged when you buy or sell stocks. A trader may also pay commission or a fee for buying and selling other investments, like options or exchange-traded funds.
Stake review
Stake Forex Fees
Commission on Stake Forex trading can either be a fixed fee (i.e., a fixed sum regardless of volume) or a relative fee: the higher the trading volume, the higher the commission. The amount of money that a trader is charged for Stake Forex fees is based on their trade size. To calculate Stake Forex fees, one would subtract the bid price from the ask price to find the spread. A Forex broker keeps this spread as their fee/commission.
Stake review
Stake Cryptocurrency Fees
Aside from the price of the cryptocurrency itself, each cryptocurrency exchange adds a fee for trading, when customers purchase and sell coins. Stake cryptocurrency fees can vary, but most exchanges charge between 0.1% to 1% or more per trade. That means that if you've used $1,000 to invest in a certain crypto, the fee you will eventually pay for that transaction could be anywhere between $100 and $1,000. Stake cryptocurrency fees include a fee for the Maker (which adds to the order book liquidity through limit orders) and Taker (which subtracts liquidity from an order book through market orders).
Stake review
Stake Non Trading Fees
Stake non-trading fees include a variety of Stake brokerage fees and charges that a trader will pay which are not related to buying and selling financial instruments using the Stake trading platform. The most common non-trading fees include Stake withdrawal fees, Stake deposit fees and Stake inactivity fees.
Stake review
Stake Deposit Fees
Stake does charge deposit fees in some cases. When funding your Stake account there may be some Stake deposit fees which will vary depending on the payment method you use to deposit to your live Stake trading account.
Stake review
Stake Inactivity Fees
Stake does charge clients an inactivity fees for dormant Stake trading accounts. A Stake inactivity fee is a sum charged on Stake brokerage accounts who have not met the minimum buying or selling amount of activity over a specific period. Brokers typically attempt to compensate for lack of commissions by charging inactivity fees.
Stake review
Stake Withdrawal Fees
Stake does charge Stake clients small withdrawal fees. Withdrawals fees vary between Stake and Stake alternatives depending on where you are located and how much money you are withdrawing.
Stake review
Stake Account Fees
Stake does not charge account fees. Account fees charged differ between Stake and other brokers. An account is a fee that Stake and other brokers assesses on all accounts for the ability to keep an account on their platform.
Stake review
Stake Account Opening
The Stake account registration process is simple, user-friendly, and quick. Within 1 most Stake trading accounts are ready for live trades. Our Stake account was validated in 1 day, but live Stake trading account verification times will vary depending on the time it takes to process your KYC documents and Stake trading account application. A Stake demo account can be opened in a few minutes.
Stake trading accounts are available in over 194 countries. Stake is restricted in the following countries.
Apart from the restricted countries a Stake trading account can be opened globally.
The Stake trading platform is available for residents in US. Some financial instruments Stake offer may be restricted in your country.
- Fast Stake account opening.
- Stake accounts can be opened and KYC can be verified digitally.
- Stake minimum deposit is $50 USD / GBP / EURO.
- Stake trading account verification may be held up for longer than a day if there is an issue with verifying your account.
Stake review
Stake Deposit And Withdrawal
Stake Account Base Currencies
A base currency is the currency in which your account is denominated. In other words, it is the currency you use to trade. Base currencies are used for accounting purposes to refer to the currency in which an investor maintains their book of accounts. For foreign exchange market purposes, a base currency refers to the first currency in a currency pair and the second, the quote currency.
GBP, USD, EURO are supported by Stake as account base currencies. However, in each country, only two or three account base currencies are accessible, usually the local currency plus USD. In the United Kingdom, for example, only GBP, EUR, and USD are accessible for UK traders.
Stake offers the following account GBP, USD, EURO.
When trading make sure your Stake trading account currency is the same currency as your withdrawal and deposit bank account otherwise there may be some additional currency conversion fees levied by your bank. Stake has no control over the fees your bank may charge for currency conversions or withdrawals and deposits to from and to your bank account.
Name | Stake | IC Markets | Roboforex |
Number Of Currencies | Yes | 10 | 4 |
Base Currencies | USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, HKD, NZD | USD, EUR, XAU | |
riskwarning | Try Now Your capital is at risk | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
Stake review
Stake Deposit Fees and Deposit Methods
Investors can log in to their Stake trading account, type in their credit card information and the funds required will be posted in a number of business days. Investors can also transfer funds into their Stake trading accounts from an existing bank account or send the funds through a wire transfer or online check.
Stake Deposit Fees
Making a deposit on your Stake account is free.
Stake Deposit Methods
There are several methods through which you can deposit money into your Stake account. One can use a credit or debit card and Stake accepts payments from credit and debit cards provided by MasterCard and Visa. You can use PayPal, funding your Stake account using a personal PayPal account. One can also use bank wire or electronic bank transfer. If you have enough funds in your respective account, your bank account will be debited while the equal amount will be deposited into your Stake account. Funding methods for Stake include .
Stake review
Stake Withdrawal Fees and Withdrawal Methods
You can withdraw cash from your Stake brokerage account if you have available funds. If you want to withdraw more than you have available as cash, you may need to close open Stake positions before doing so. Remember that after you close your orders, you may have wait for the trade to settle before you can withdraw that money from your Stake account.
Name | Stake | IC Markets | Roboforex |
Funding Methods | Credit Cards, VISA, MasterCard, Debit Cards, Visa, MasterCard, Bank Transfer, PayPal, Neteller, Neteller VIP, Skrill, Poli, Cheque, BPAY, UnionPay, FasaPay, QIWI, RapidPay, Klarna, Electronic wallets (eWallets), Broker to Brokers, Thai Internet Banking, Vietnamese Internet Banking, | Credit cards, VISA, MasterCard, JCB, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, Perfect Money, AdvCash, BPAY, China UnionPay, FasaPay, CashU, WeChat Pay, ecoPayZ, AstroPay, Sofort, Giropay, Poli, Wepay, iDEAL, Payoneer, | |
Withdrawal Fee | $2 | No | Yes |
Deposit Fee | Varies | No | |
riskwarning | Try Now Your capital is at risk | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
Stake Fees When Withdrawing Your Account Balance
Stake do not charge withdrawal fees. Some withdrawal fees are out of the control of Stake and may be due to 3rd party payment providers and your account base currency.
Stake Withdrawal Methods
Log into your Stake trading account, which is connected to your bank account. Go to the section that says โfundsโ or โaccountsโ and click on it. You will be given two choices: either to add funds or withdraw funds. Click 'withdraw funds' to start transferring money from your Stake account to your bank account. To withdraw money from your Stake account you can use credit or debit cards. Stake processes withdrawals to credit and debit cards provided by MasterCard and Visa. One can also use PayPal, as Stake processes withdrawals to PayPal accounts. Finally, you can also withdraw funds straight to your bank account via bank transfer.
Stake review
Stake Trading Platforms
As there are a number of tradable financial instruments available on the Stake trading platform. Before investing in the Stake platform, there are important factors to consider. Some platforms are designed for the more advanced trader, thus offering more research and analytical tools. The Stake platform has a demo account and educational resources, but it may not be designed for new traders so focuses less on those educational features. Stake offer support.
If you struggle with technology, you need to consider the level of support on Stake is available. Another thing to consider is your financial goals. Make sure that a Stake account fulfils these goals. Several platforms offer commission-free trading, but some require a minimum fee for opening an account.
There can also be additional fees, such as inactivity charges, withdrawals and transfers. Make sure that you have enough funds to trade via a Stake account. Ensure that Stake allows you to focus on the type of trading that you want to focus on.
Make sure Stake is correct for your investment purposes. Markets change quickly, and you need to be able to execute an order instantly. on your platform. Before using Stake, think about how easy it is to use for your personal needs. Does the Stake platform offer real-time updates or delayed updates that are more informed? Remember to check if Stake is well regulated, and what tradeable financial instruments Stake has. Security is very important when it comes to trading with Stake.
Stake Web Trading Platform
A Stake web trading platform is a piece of software that is used for trading. This includes opening, closing, and managing market positions through Stake which acts as a financial intermediary. Stake is a web trading platform through which Forex traders can open and close positions online, without downloading any software. Via a web browser, traders can follow Bid-Ask spreads, place Stop Loss and Take Profit orders, as well as track all past and current positions executed.
Mobile Trading Platform
Both Android and iOS devices are supported by the Stake mobile trading platform.
Stake Apple IOS Trading Platform
A Stake iOS trading platform is the application software that enables investors and traders to place trades and monitor accounts through iOS apps on Apple devices, such as an iPhone.
Stake Google Play Android Trading Platform
A Stake Google Play trading platform is the application software that enables investors and traders to place trades and monitor accounts through Google Play apps on Android devices, such as an Android mobile smartphone.
Stake review
Stake Mobile Trading User Experience
Stake mobile trading gives its users a platform to trade from anywhere in the world, as long as they have an internet or WiFi connection. The mobile trading app provides an ease of transacting while using a mobile device. This is because orders can be placed quickly and effortlessly. Stake mobile trading refers to trading using a mobile phone.
Leading brokerages like Stake offer mobile trading apps to their clients who are able to use them to trade and even monitor their entire Stake portfolio. All an investor needs is a Web-enabled smartphone and a trading account with Stake. Once you have download the Stake trading app, you are ready to begin.
Stake review
Stake Desktop Computer Trading Platform
A Stake computer trading platform is a software which one can use to research, place, monitor and edit trades on your desktop computer. You can choose from many platforms, including desktop platforms, trading apps, web-based platforms and third-party programs. The Stake desktop computer trading platform is the software that enables investors and traders to place trades and monitor accounts through financial intermediaries. The Stake desktop trading platform offers other features to its users, such as real-time quotes, charting tools, news feeds.
Stake PC Trading Platform
One needs a computer with high performing hardware if their plan is to be a full time trader using Stake. A trading computer with access to a Stake PC trading platform is a superior, extremely fast computer which is designed and customized to maximize a traders ability to interface with markets and make decisions in real time. There are four key ingredients to a great Trading Computer: speed, reliability, multiple monitors, and post-sale service & support.
Stake Apple Mac Trading Platform
Apple Macs and MacBooks can easily handle the most important requirements when using the Stake trading platform. This includes the ability to have multiple browser tabs or trading apps open, a high quality display or monitor (high definition Retina displays with True Tone technology, adjusting and adapting to ambient lighting), an accurate trackpad or mouse, lightweight design, and long battery life. Macs are easy to set up, start up, use and even maintain. A Mac can go from cold boot to live trading using just a couple of mouse clicks and in well under a minute. Therefore, the Stake trading platform is very user friendly on a Mac device.
Stake review
Stake Trading Look And Feel
The Stake user interface (UI) is what Stake traders will see and interact with first when trading with the Stake trading platform. The Stake is well designed. The goal of the Stake trading UI is to make the Stake user's experience intuitive. The Stake application has good user experience and a good level of customer satisfaction.
Stake Security
Stake is a secure trading platform. Stake offers traders security via 2 factor authentication, SSL encription when trading with Stake. Stake trading accounts are masked and encrypted using cutting-edge encryption and masking technology to secure your personal and financial information when trading with Stake. Rate limitation on Stake suspicious account activities is another layer of protection that is provided for Stake trading accounts, for example multiple failed login attempts with Stake. You have the option to further safeguard your account by using Stake Two-Factor Authentication (2FA), which provides an extra layer of security.
The Stake trading infrastructure is constantly watched and guarded by a trained team at Stake In addition, Stake never send sensitive information without first encrypting on the Stake trading platform using transport layer security (TLS) and SSL.
Stake review
Placing A Buy Or Sell Order On Stake
Available Stake order types. # market, limit, stop, stop limit, Good until end of day / canceled.
Stake Market Order
A Stake market order is an order to buy or sell a stock at the market's current best available price. A market order usually ensures an execution, but it does not guarantee a specified price. Market orders are optimal when the primary goal is to execute the trade immediately. Stake market orders are executed by a broker or brokerage service on behalf of clients who wish to take advantage of the best price available on the current market. Stake market orders are popular as they are a fast and reliable method of either entering or exiting a trade.
Stake Limit Order
A Stake limit order is an order to buy or sell a stock with a restriction on the maximum price to be paid or the minimum price to be received. If the order is subsequently filled, it will only be at the specified limit price or better. However, having said this, there is no assurance of execution.
Stake Stop Order
A Stake stop order, also referred to as a stop-loss order, is an order to buy or sell a stock once the price of the stock reaches a specified price, known as the stop price. When the stop price is reached, a stop order becomes a market order. A sell stop order is entered at a stop price below the current market price. If the stock reaches the stop price, the order becomes a market order and is filled at the next available market price.
Stake Stop Limit Order
A Stake stop-limit order is an order to buy or sell a stock that combines the features of a stop order and a limit order. Once the stop price is reached, a stop-limit order becomes a limit order that will be executed at a specified price (or better). The Stake stop-limit order triggers a limit order when a stock price hits the stop level. A Stake stop-limit order can be helpful when trading if you are unable to watch your trades all day.
Stake review
Stake Alerts And Notifications
Price alerts and notifications can be established for executed orders, important news, and margin calls, for example. On the online platform, these notifications appear as pop-up messages. It would be preferable if you could set up email or SMS notifications as well.
Stake review
Stake Trading Platform Features
Online trading platforms like Stake are used by traders to help them with every aspect of trading. Market analysis, price projections, and purchase timing are all key when trading live financial markets with Stake. The Stake trading platform provides traders with up to the second charts in order to enable them to execute transactions at the click of a button using Stake.
Stake Margin Trading
Stake margin trading means borrowing money from the brokerage firm in order to carry out trades. When trading on margin, investors first deposit cash that then serves as collateral for the loan, and then pay ongoing interest payments on the money they borrow. In essence, Stake margin trading is a facility under which one buys and sells stocks that they cannot afford. You are allowed to buy and sell stocks by paying a marginal amount of the actual value. This margin is paid either in cash or in shares as security. Your broker funds your margin trading transactions.
Stake review
Stake Account Types
Stake Demo Account
Stake offers demo accounts that gives traders the ability to purchase and sell Stake financial instruments in a practice environment, using fake Stake digital money and live market conditions and data. When you practise on a Stake demo account, one of the many advantages you'll enjoy is the opportunity to get acquainted with the more technical parts of the Stake platform. Stake demo accounts allow you to experience and practice a variety of market charts, Stake trading indicators, and trading strategies using Stake.
Stake Standard Account
Stake offers a standard trading account, allowing Stake traders to trade a wide range of financial instruments, with competitive spreads, using the feature rich Stake trading platform.
Stake review
Stake Tradable Financial Instruments
Stake tradable financial instruments are the financial instruments that are specifically available to trade on the Stake trading platform. This refers to the different types of financial markets you can trade with through Stake. Sometimes called securities , they range from commodity futures to stocks and CFDs, to currencies and metals, and more on Stake.
Name | Stake | IC Markets | Roboforex |
CFD Trading | Yes | Yes | |
Stock Markets | No | 2100 | 53 |
ETFs | No | ||
Fractional Shares | No | Yes | |
Cryptocurrencies | Yes | No | |
riskwarning | Try Now Your capital is at risk | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
Stake review
Stake Trading Stocks
Stock trading with Stake is the act of purchasing and selling shares in a corporation listed on a stock exchange available for trading with Stake; if you possess the stock on Stake, you own a piece of the corporation and may be entitled to voting rights where applicable.
Stock trading on Stake involves purchasing and selling stocks and share using Stake periodically in order to time trades against the stock markets, with the aim of using Stake to profit from your stock trading. Stake stock traders look to profit from the short-term market developments by selling stocks for a profit or buying stocks at a cheap price on Stake. Stock traders on Stake conduct significant study, frequently dedicating several hours every day to market monitoring using Stake trading tools.
Stake review
Stake Trading ETFs
What Are ETFs
Stake does not offer ETF trading. An ETF is a collection of assets whose shares are traded on a stock market. They blend the characteristics and potential benefits of stocks, mutual funds, and bonds. ETF shares, like individual stocks, are traded throughout the day at varying prices based on supply and demand.
What Are Fractional Shares
Stake does not offer fractional share trading.
Investors can buy fractional shares of a stock, making it easier to diversify even with modest amounts of money. Investors can buy stock in fractional shares by specifying a dollar amount rather than the price of a whole share.
Stake review
Stake Trading Cryptocurrencies
Stake offers cryptocurrency trading.
Cryptocurrency trading can be conducted using Stake to buy and sell the cryptocurrency financial instruments on Stake. Cryptocurrency trading can also be done using a cryptocurency CFD Stake trading account where allowed by financial regulators, to speculate on up or down price movements of a specific crypto asset using Stake. A CFD is a high risk leveraged trade between the trader and the Stake brokerage. No underlying assets are exchanged with a Stake CFD contract, it is purely speculation on the crypto financial instruments price movements with Stake. Stake CFD trading on cryptocurrency assets is not allowed in the United Kingdom as set by the UKs financial regulator the FCA. Check to see if Stake CFD cryptocurrency trading is allowed in your region and make sure you undertand the risks fully before trading.
The volatility of cryptocurrencies is the biggest source of risk when trading them with Stake. They are high-risk and speculative, and you should be aware of the hazards before you begin trading high risk financial instruments with Stake.
Cryptocurrency trading is not offered by Stake, so you will need to find a Stake alternative that allows you to buy and sell the underlying cryptocurrency assets. Stake CFD trading on cryptocurrency assets is not allowed in the United Kingdom as set by the UKs financial regulator the FCA. Check to see if CFD cryptocurrency trading is allowed in your region with a Stake alternative and make sure you undertand the risks fully before trading.
Stake review
Stake Forex Trading
Forex trading with Stake is a method through which to invest money which involves trading one currency for another in a Forex currency pair with Stake. The main aim of Stake Forex trading is to successfully predict if the value of one currency will increase or decrease when compared to another. You can trade major, minor and exotic currency pairs with Stake. As a Stake Forex trader, one buys and sells currencies on a foreign exchange market. Their duties include performing research or analysis on a currency pair using a trading platform like Stake. In general, Forex traders can either work for banks and hedge funds or trade independently using trading platforms like Stake. Some traders use charts and indicators for Forex analysis, while others rely on news and economic data available on Stake.
Stake review
Stake Commodities Trading
Commodity trading is a type of trading available on Stake where individuals or businesses buy and sell financial instruments using Stake related to commodities, such as metals or oil.
Stake review
Stake Options Trading
Stake options trading is the trading of instruments that gives someone the right to buy or sell a specific security on a specific date at a specific price. If one decides to complete that purchase or sale, they are know to be exercising the option. Stake option strategies are the simultaneous, often mixed, buying or selling of one or more options which differ in one or more of the options' variables.
Stake review
Stake Futures Trading
Futures trading with Stake is where derivative financial contracts obligate a buyer to purchase an asset or a seller to sell an asset at a predetermined future date and set price using Stake to facilitate the trade. A Stake futures contract allows an investor to speculate on the direction of a security, commodity, or financial instrument available on Stake. Typically, futures contracts are traded on an exchange such as Stake; one trader agrees to buy a given quantity of securities or a commodity, and take delivery on a certain date. The selling Stake trader to the contract agrees to provide it.
Stake review
Stake Bonds Trading
Bonds trading on Stake is a way of making profit from fluctuations in the value of corporate or government bonds. The government will pay a defined interest rate on an investment for the duration of the issued bond, and then give the original sum back at the end of the loan's term to the Stake trader. Bonds can be bought and sold on Stake after they are issued. While some bonds are traded publicly through Stake, most trade over-the-counter between large broker-dealers like Stake acting on their clients' or their own behalf. Yield is therefore based on the Stake purchase price of the bond as well as the coupon.
Stake CFD Trading
A contract for difference (CFD) allows traders to speculate on the future market movements of an underlying item without owning it or taking physical delivery of it. CFDs can be used to trade a variety of underlying assets, including stocks, commodities, and foreign exchange.
Name | Stake | IC Markets | Roboforex |
Forex CFD | 61 | 35 | |
Index CFD | 25 | 30 | |
Stock CFD | 110 | 8400 | |
ETF CFD | 30 | 50 | |
Commodity CFD | 20 | 20 | |
Crypto CFD | Yes | No | |
riskwarning | Try Now Your capital is at risk | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
Stake review
Stake Trading Research Tools
Taking advantage of Stake trading research tools which are designed to help traders analyse potential investments using the Stake trading platform. Some Stake research tools include charts, technical analysis, and Stake trading indicators.
Stake Trading News
Traders can follow the markets and make wise investment decisions on Stake by using the news to help form a strategy when it comes to choosing investments. A Stake news trading strategy involves trading based on news and market expectations, both before and following news releases. Traders need to assess the news immediately after it is released and make a quick judgement on how to trade as a result.
Stake Economic Calendar
An economic calendar is used by investors to monitor market-moving events, such as economic indicators and monetary policy decisions. Market-moving events, which are usually announced or released in a report, have a high probability of impacting the financial markets. A Stake economic calendar is a resource that allows traders to learn about important economic information scheduled to be released throughout the major economies. Events may include indicators such as GDP, the consumer price index (CPI), and the Non-Farm Payroll (NFPs) report.
Stake Fundamental Data On Financial Instruments & Companies
Fundamental research does not usually generate findings that have immediate applications in a practical level. Fundamental research aims to answer the questions of why, what or how and tend to contribute to the pool of fundamental knowledge in a research area. Stake fundamental analysis research data looks at the price movement of a security and uses this data to attempt to predict future price movements. Fundamental analysis, on the other hand, looks at economic and financial factors that influence a business. Fundamental analysis therefore evaluates securities by attempting to measure their intrinsic value.
Stake Charting
Technical analysis indicators such as MACD,RSI, Stochastics, OBV, and Fibonacci are vital for trading. The primary types of chart used by traders on Stake are the Candlestick Chart, Line Chart, Point and Figure charts, and Renko Chart. Charts such as these are plotted either on an arithmetic or logarithmic scale and the analyst then goes with either one depending on the information acquired.
Stake portfolios
Trading portfolios are useful when trading with Stake.
A trading portfolio is made up of various investment vehicles. Distinct trading portfolios, each tailored toward a different investing strategy, might be owned by an investor.
A Stake trading portfolio is a traders collection of investments, which may include a variety of Stake financial instruments.
Stake review
Stake Payment Methods
A Stake payment method is required to fund your Stake trading account before placing a buy or sell order on a financial instrument.
When trading with Stake, there are a variety of payment options accessible; different brokers support different deposit and withdrawal methods. Each trade payment option has its own set of benefits and cons in terms of costs, processing times, and limits. Some thing to be aware of is if your bank accounts base currency is different to the base currency of your trading account, your bank may add additional transfer fees that Stake do not have any control over.
Name | Stake | IC Markets | Roboforex |
Payment Methods | BPAY, Credit Card, FasaPay, Giropay, Mastercard, Neteller, PayPal, POLi, QIWI, Rapid Transfer, Skrill, UnionPay, Visa, Wire Transfer, Yandex Money | ADVcash, Alipay, Bitcoin Payments, Cashu, FasaPay, Giropay, iDeal, MoneyGram, Neteller, Perfect Money, POLi, QIWI, Rapid Transfer, SafeCharge, Skrill, Sofort, Trustly, Vietcombank Transfer, Visa, Webmoney, WeChat Pay, Wire Transfer, Yandex Money | |
riskwarning | Try Now Your capital is at risk | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
Stake review
Stake Withdrawl Methods
When trading with Stake at some point you will want to release your funds back to your bank account or other withdrawal method. Many modern trading platforms offer withdrawal of your trading account balance to digital wallets and direct bank transfers. Depending on your geo region certain withdrawal methods may be more convenient to you. Each withdrawal method has its own withdrawal time which you will have to check before withdrawing your Stake account balance. Stake may have minimum withdrawal limits that you will need to check before withdrawing.
You may be charged a currency conversion fee by your withdrawal method if you withdraw your Stake account balance in a currency other than GBP, or whatever your withdrawal method account base currency is.
Stake Withdrawals Times
The time it takes for your withdrawal to arrive is determined by the method you used to make it. It's important to remember that this is the payment method you used to fund your Stake account.
Withdrawal requests can take up to three business days to be processed by Stake.
You may anticipate to receive your money within three business days for bank transfers, credit/debit cards, and digital wallets.
If you're having a withdrawal transferred to your digital wallet account, your Stake should arrive in less than 24 hours.
Stake review
Stake Customer Support
Customer support represents the resources within the Stake company that provides technical assistance to its customers after they use the Stake service. A customer may often need to seek out support when they are in need of help, so a customer support team must be easy to contact, available, and responsive.
Stake offer customer support.
Stake Email Support
Stake offers email support.
Email support is a a convenient method of Stake customer service but responses to support queries are not quick. You may have to wait between 1 - 3 days for a response from Stake regarding your support request.
Stake Livechat Support
Stake offers livechat support.
Stake live chat support is a way for customers to obtain help from Stake through an instant messaging platform. It happens at a one-to-one level, often via the company's website. It can be a proactive chat pop-up, with a chat box appearing on the screen and asking if you need help. Clicking on it would then connect you to a live agent. Livechat is great if you require a reponse to your support request withing 15 minutes.
Stake Telephone Support
Stake does not provide Stake clients phone Support. If you need to contact Stake use one of the alternative available Stake contact methods.
Stake does not offer telephone support.Stake Average Support Response times
Contact Method | Average Response Time |
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We tested the customer service response times of Stake on Monday, December 2, 2024.
Stake review
Stake Educational Resources
Stake educational resources are used throughout the Stake learning environment to help and assist with customer's development and learning of trading on Stake. They are designed to reinforce learning and in some cases allow people to put their knowledge to the test using Stake trading tools. Educational resources like some of the resources available with Stake are a good as part of a wider set of educational guides and information from else where online.
Some of the Stake trading guides and information that we found useful included demo account, general educational videos, platform tutorial videos, webinars.
Stake Trading Platform Tutorials
Stake offer a range of learning resources and tutorials and guides made available to registered Stake users. The Stake guides are usually broker down into indepth articles explaining varioius trading topics, quizes and video explainers which aim to educate Stake users on basic trading principles.
Stake Trading Videos
Stake offer a selection of online trading videos.
Trading videos on Stake help new and even more experienced investors gain insights into Stake technical analysis tools and how the different financial markets work when trading on Stake.
Stake trading videos cover the basics of financial instruments like stocks, Forex, commodities, ETFs and cryptocurrencies. Some Stake training videos help widen your trading knowledge. The more trading knowledge you have the better you will be able to mitigate and understand trading risks when using Stake to trade live financial markets.
Stake Webinars
Stake offers access to online webinars. A webinar is an interactive online event in which a speaker (or a small group of speakers) delivers a presentation to a large audience of Stake clients who participate by asking questions, replying to polls, and using other interactive technologies available on the Stake trading platform.
Stake review
Stake Financial Regulation When Trading
Financial regulations on Stake protect consumers' investments. Regulations prevent financial fraud and limit the risks that Stake as a financial institution can take with their investors' money. Financial regulators oversee three main financial sectors: banking, financial markets, and consumers. A well-functioning financial system is vital for the economy, businesses and consumers. Stake financial regulation is part of ensuring the safety and soundness of the financial system and protecting consumers.
Is Stake Regulated?
Stake is regulated by .
Stake is licensed by financial regulators in certain jurisdictions. You can find out if brokers like Stake are licensed in your country, if they have had run-ins with regulators, or received serious complaints from Stake investors, directly with financial regulators in your country.
Stake Regulatory Protection Limits
When registering with Stake you must check with regulatory body your Stake trading account falls under. Even though you are a resident of the UK for example your account may fall under regulatory rules outside the jurisdiction of the FCA. Check which company entity and regulation your Stake account is over seen by. Stake client funds are stored in segregated 3rd party bank account in accordance with Stake financial regulators.
Client country | Investor protection amount | Regulator |
---|---|---|
United Kingdom | ยฃ85,000 | Financial Conduct Authority (FCA) |
EU Investor Compensation Scheme | max โฌ50,000 | Directive of The European Parliament and European Commission |
Other countries | 90% of your funds, max โฌ20,000 | Bulgarian Financial Supervision Commission (FSC) |
Stake Trading Signals
Stake offers trading signals to Stake clients.Stake trading signals are triggers to buy or sell a security based on a pre-determined set of criteria. Traders can create trading signals using a plethora of criteria: from simple ones, such as earnings reports and volume surge, to more complex signals that are derived using existing signals. A Stake trading signal is an alert to traders to either enter or exit a position. Trading signals are based on specific times and prices and can be identified through technical or fundamental analysis. It is up to the Stake trader to then decide whether or not to act on the signal.
Make sure you understand the risks of trading signals.
How does Stake make money?
Because Stake acts as an intermediary, Stake gets compensated on buy and sell transactions of financial instruments. As a result, Stake profit is determined by the volume and number of transactions. Stake earns revenue to fund their Stake platforms and wide range of trading services through market spreads.
Can you buy shares on Stake?
Stake does not provide customers with real company shares trading.
Does Stake offer Cryptocurrency?
Stake does not offer cryptocurrency trading. The offering of crypto CFDs was stopped by most trading platforms on November 27, 2020, as a result of the Financial Conduct Authority of the UKs restrictions on cryptocurrency. While buying and selling Bitcoin and other cryptocurrencies is still lawful, the UK financial regulator, the Financial Conduct Authority (FCA), has made trading cryptocurrencies illegal for UK residents. This is because the FCA considers crypto CFD trading to be a high-risk activity. You'll need to see if trading crypto CFDs are allowed in your country.
Stake Lower fees, lower costs?
Stake have reasonable trading fees and costs. Stake do not charge a deposit fee. Stake may charge a withdrawal fee. Some withdrawal fees are out of the control of Stake and may be due to 3rd party payment providers and your account base currency.
What about the minimum deposit?
Stake minimum deposit is $50 USD / GBP / EUR.
How to start your Stake account?
You can sign up for a live or demo Stake trading account by visiting Stake and signing up. Enter your details, upload proof of ID, fund your account and you should be up and trading within a few hours. Open an Stake account here.
How's the Stake trading app?
Stake allow traders to trade financial markets on Stake does not currently offer trading through any mobile applications on iOS or Android. supported mobile devices.
You can tryout the Stake trading app here. Your capital is at risk
Is the quality of Stake customer service satisfactory?
Stake have average customer support offering support through support options.
Is this broker good for new traders?
Stake is a good trading platform for new traders as Stake offer a good range of educational resources, good support options as well as a demo account.
How do you withdraw money from Stake?
Stake offer a good selection of withdrawal options. Once Stake have confirmed and approved your withdrawal information, withdrawals are usually processed within 1 to 3 days.
Best Stake Alternatives Reviews
If Stake isnt quite what you are looking for you can check out some of the best Stake alternatives below.
- IC Markets Review (read our in depth 2024 review)
- Roboforex Review (read our in depth 2024 review)
- AvaTrade Review (read our in depth 2024 review)
Best Stake Alternatives In Detail
If you would like to see Stake compared agains some of the best Stake alternatives available right now you can do so by clicking on the links below.
- IC Markets Alternatives (read our in depth 2024 Alternatives for IC Markets)
- Roboforex Alternatives (read our in depth 2024 Alternatives for Roboforex)
- AvaTrade Alternatives (read our in depth 2024 Alternatives for AvaTrade)