Compare the best Stake alternatives for Australians

Stake alternatives

The leading candidates to replace Stake on your home screen.

Updated 28 Mar 2025 |

Comparing of 3 Stake alternatives

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Superhero

Highlights

Perhaps the closest like-for-like replacement for Stake is Superhero.
Both platforms give you access to trade Australian and US markets.
You can trade US stocks for free on both, but Stake is cheaper per trade than Superhero for ASX shares.
You can invest into your SMSF with both and neither charges an inactivity fee.
The main difference between Stake and Superhero is the ability to earn Qantas points on Superhero (the only broker to do so).

Pros

No monthly fees, keeping your costs predictable.
Live pricing ensures you have up-to-date market information when making trades.
Automated investing makes it easier to manage your portfolio without constant oversight.
The mobile interface is simple to use and easy to set up, so you can trade on the go

Cons

Foreign exchange fees are quite high.
Only offers basic data and stock reports.
Basic trading features.
You’re limited to trading in the US and ASX markets.

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On website

eToro AUS Capital Limited AFSL 491139. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

eToro

Highlights

While Stake has Australian and US markets, Australian eToro users are limited to US markets so far. (This will change though.)
eToro offers access to more types of investments outside of equities, most notably crypto, but also commodities and CFDs for more advanced traders.
You can stake a number of crypto assets on eToro and get decent yields, which is not possible with equities-only Stake.
eToro's defining feature means you can copy other traders, so you don't have to do the research.
Unlike some other Stake alternatives, you can set up a demo account with eToro and give it a go risk-off.

Pros

Stock fees are low, helping you keep more of your returns.
Pricing is competitive, giving you good value for your trades.
Access to a wide range of markets.
The platform is simple to use, even if you’re new to trading.
Social trading lets you follow and learn from experienced investors.
Access to market news and trader insights.

Cons

Customer support is limited.
Advanced traders may find the analytical tools too basic.
Withdrawals come with a $5 fee, which can add up over time.
Only a few account base currencies are available, which may lead to extra conversion costs.

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Not available for application via this website

Sharesies

Highlights

Sharesies is the Kiwi version of Stake. Both have a similar trading experience, so existing Stake users would feel at home moving over.
Get access to NZ markets in addition to AU and US markets with Sharesies.
For ASX trades, Sharesies is cheaper than Stake (and most others for that matter).
Something you can do on Sharesies that can't be done with Stake: give someone a gift to invest in their account.
Sharesies offers recurring buys. Set up your order — you can choose presets or customise your own — and take advantage of dollar cost averaging.

Pros

Ideal for those looking to start their investment journey with a simple and accessible platform.
Flexible pricing plans: Based on your investment habits, you can choose from pay-as-you-go or one of the three subscription plans ($5, $10, or $15).
Mobile app available for on-the-go investing.

Cons

Focused on Australia, New Zealand, and the US only,
Limited investment products.
No CHESS sponsorship.