This was posted 3 years 2 months 29 days ago, and might be an out-dated deal.

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US$20 of Atlassian Stock + Free Nike/GoPro/Dropbox/Mystery Stock When Open Account & Deposit within 24 Hours @ Stake

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US$20 of Atlassian Stock + Free Nike/GoPro/Dropbox/Mystery Stock When Open Account & Deposit within 24 Hours @ Stake
Go to Deal
me1stt on 02/11/2021 - 17:06 hellostake.com (1301 clicks)
TEAM

While it might not be the ASX just yet, get a piece of a great Australian company listed in the U.S. market on us. It’s easy:

  1. Sign up to Stake using referral code TEAM
  2. Make a deposit before Friday 12th November, 2021
  3. Get US$20 of Atlassian (NASDAQ: TEAM) stock on us.

Plus, make this deposit within 24 hours and you'll also get a free stock in Nike, GoPro, Dropbox or a mystery stock.

ELIGIBILITY CRITERIA
In order to qualify for this promotion you must meet all of the following:

  • Does not have an existing funded individual or non-individual (Company, SMSF) Stake account before PROMO START TIME/DATE.
  • Use promotional code TEAM when creating their new Stake account as at or after PROMO START TIME/DATE.
  • Funds their new Stake account with a valid payment method within the ‘Go Aussie on Wall St’ free stock promotion period.

If eligible, your US$20 in TEAM stock will be allocated to your Stake brokerage account by market open 17th November 2021.

Referral Links

Referral: random (1028)

Referrer gets $1 off brokerage for 12 months for each referral. Referees gets $10 bonus (funding account within 24 hours of sign-up required).

Financial Investment Share Trading

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closed Comments

  • Magicmannn on 02/11/2021 - 17:08
    +23

    they can stop the buy/sell button if it goes against their best interest

    • athk on 02/11/2021 - 17:10
      +5

      Actually DriveWealth is who did that, their broker.

      They have also imposed SELL limits totalling 1.5 mill USD for certain stocks (AMC) ….

  • bisaya on 02/11/2021 - 17:16
    +7

    Tempting but selfwealth has free brokerage on ETFs atm lol

    • blkcar on 02/11/2021 - 20:45

      Selfwealth doesn't allow DRS. Stake allows transfer to DRS. Still good to spread the eggs around.

      • toasty on 02/11/2021 - 21:16

        What is DRS?

      • Westpac on 03/11/2021 - 01:52

        Does it cost anything?

      • abb on 03/11/2021 - 11:47

        Selfwealth is CHESS sponsored for ASX traded stuff which, as far as I can tell, is the Australian equivalent of the American DRS.

        • indomatic on 03/11/2021 - 19:08
          +1

          Stake ASX is also CHESS. DRS-ing refers to US stonks

  • Gumbootboy on 02/11/2021 - 17:23

    Do you go on a waitlist, or is this an active account?
    What is the difference between the two referral links for skate? and is this deal better than either of those?

    • toxicat on 02/11/2021 - 17:43

      The first one is for the wall st stocks. The second one is for the beta programme that Stake will be starting soon for ASX trades (free brokerage for few months?).

  • USER DC on 02/11/2021 - 17:31
    +3

    Stake's Market buy is totally Fraud, If you do not use Market buy/sell then aka use LIMIT buy/sell then Stake is okay. If you use Stake's Market buy, they'll charge you like 10-20% more than actual share price for your order.

    Also there platform is not the best atm, e.g. WESTPAC today in morning was showing at like 26 AUD when other brokers had it for like ~23 AUD.

    I had issue on my order being frozen and had to contact their support (so annoying) just for sake of having my pending order cancelled because i could not cancel it myself.

    But generally speaking $0 brokerage is way better than $0 brokerage on ETF's only.

    • athk on 02/11/2021 - 17:59
      +5

      $0 brokerage isn't the best when they route through Payment For Order Flow and your shares never hit the exchange. You need to do your DD on the brokers to ensure that the shares you're purchasing are yours.

      Drivewealth, Stakes broker does use PFOF https://legal.drivewealth.com/sec-rule-606

      I would rather pay a cost to know the shares are going straight to the exchange vs PFOF where they can attempt to get it at a lower cost and still charge you the same.

      • SydBoy on 02/11/2021 - 18:20

        You speak very technical so could you please explain Little bit more clearly for naive investor?

        I just opened stake account and transferring all ASX stock to stake.

        I may buy some US stocks as well.

        • athk on 02/11/2021 - 19:43

          Unsure about ASX and how they deal with that sorry.

          Honestly Drivewealth isn’t that bad Re PFOF compared to some.

          To be honest, do your due diligence to make sure that the switch is right for you.

      • indomatic on 03/11/2021 - 20:23
        -1

        PFOF has nothing to do with shares being "yours"

    • SydBoy on 02/11/2021 - 18:22

      How do you contact them?

    • sanur on 02/11/2021 - 18:31
      +1

      Did you place a market buy outside of US trading hours?

      • USER DC on 02/11/2021 - 18:35
        -1

        Yes i placed order around 3-4pm AEST, or earlier DURING ASX trading times

        Main problem was cased by this thing ORDER STATUS - PENDING AMEND

        https://i.imgur.com/SsDzFyw.png

        • sanur on 02/11/2021 - 22:00
          +2

          It's normal for this to happen. You should be placing limit orders outside of market hours

          • USER DC on 02/11/2021 - 22:31
            -2

            @sanur:

            It's normal for this to happen

            No it's not all orders are generally only meant to be placed when market is open on that Platform (so ASX in this case)

    • SydBoy on 02/11/2021 - 18:38

      Regarding Westpac issue, I can say that this morning same happened on selfwealth as well.

      I also noticed that selfwealth price are may be half second behind in update compare to stake. I never knew stake has live price trading.

      One negative I see with stake is that they don't give market depth.

      • congo on 02/11/2021 - 19:08

        Stake has live pricing?

    • indomatic on 03/11/2021 - 20:28

      Stake is routing to Chi-X so prices can be different

  • jaimex2 on 02/11/2021 - 17:46
    -7

    Just a warning the ATO will harass you regularly about foreign income as soon as they find out you have foreign stock.

    • IMadeYouReadThis on 02/11/2021 - 17:52
      +2

      Scare campaign? Why would they harass if you just report your foreign income?

      • jaimex2 on 02/11/2021 - 17:53
        -6

        Didn't meant to be a scare campaign. Just a PIA that they request you to fill out forms annually on it.

        They love to get their grubby hands on anything you make.

        • plmko on 02/11/2021 - 18:01
          +5

          It's really not that hard. Just fill in on My Gov prefill.

        • IMadeYouReadThis on 02/11/2021 - 19:43
          +7

          Yeah, you probably learn about ATO from the same school that teaches that don’t do two jobs otherwise you will end up paying more tax. Slow claps!!

          • USER DC on 03/11/2021 - 11:26

            @IMadeYouReadThis: yes technically if you do 2 jobs (and claim tax free threshold on both) you can very easily offset money that you would have had earned from single job.
            How?

            Pay taxes with your own money AFTER salary INSTEAD of employer's money aka BEFORE salary. - SO you can use CC points, discounted GC etc.

            But of course you still gotta pay taxes as required by law.

        • suburbanmale on 02/11/2021 - 20:17
          +9

          they request you to fill out forms annually on it.

          They do that for domestic income as well. Those bastards /s

  • salmon123 on 02/11/2021 - 17:55
    +6

    Atlassian is around AUD$600/share … So you finish up with 1/30th of a share. Might as well be 0.

    There's easier ways to make $20 for giving away your person details.

    • askbargain on 02/11/2021 - 18:12
      +1

      Mixing AUD and USD??? Does it matter what proportion of a share it is if you don't care about voting rights? Do you also think 4 apple slices is more than an apple?

      • cloudy on 02/11/2021 - 18:30

        No one I’ve ever seen slice a apple into a quarter, so 4 slices is probably not more than a apple.

      • salmon123 on 02/11/2021 - 18:44

        Mixing AUD and USD???

        I misread the post, sorry - it's US$20/450 = 1/22nd of a share. Much better than 1/30th.

        Does it matter what proportion of a share it is if you don't care about voting rights?

        Probably not, but selling your personal info for $20 (US or AUD) is a crappy deal.

        • askbargain on 02/11/2021 - 19:00
          +2

          Probably not

          So why do you keep calculating the proportion?

    • shegeloaf on 02/11/2021 - 22:27

      I still remember in 2018 when atlassian was < $100 p share. I was interested in the company but never made the jump to buy.

      • salmon123 on 02/11/2021 - 22:29

        I tend of think if software companies as a "no brainer". No one ever changes software vendors.

    • flamewith on 04/11/2021 - 18:44

      Also keep in mind that you can't transfer fractional shares from Stake and there are huge fees associated.

      • salmon123 on 04/11/2021 - 18:51

        Why are there huge fees, if you can't transfer them? Are the fees only when you transfer a whole share?

  • vchung916 on 02/11/2021 - 18:03
    +1

    Probably ozbargained, it takes forever to sign up, still waiting the site to load to the next screen after I entered the required details.

  • RacingBull1 on 02/11/2021 - 18:15
    +7

    ⛔️ caution ⚠️

    When you sign up and fund your account, we digitally complete the W8-BEN (or W9 if you are a US tax resident) for you.

    This reduces any withholding tax on share sales and income (such as dividends) from 30% to 15%.

    Stake has automated this process together with our US broker-dealer, so your documentation is complete and the appropriate withholding tax will be applied to your account.

    We charge US$5 upon your first funding and you only pay this once. You'll see this fee on your first funding before you decide to transfer your funds. The fee for your first funding was $8.99 USD (Including the $5 USD for the W8-Ben Form).
    ​

    • JeremyDealFiend on 02/11/2021 - 18:42
      +3

      So there is a $14.99 USD fee for signing up/transferring funds?

      Other than that any other catches?

      • gungirlyuna on 02/11/2021 - 19:57

        So really the share just covers the cost. With a extra 5 usd

      • Paul B on 02/11/2021 - 20:39
        +2

        I have $5 USD + $2 USD fees for first Poli deposit

      • shegeloaf on 02/11/2021 - 22:30

        No they charge $5usd. Read the terms.

        • bobwokeup on 04/11/2021 - 11:16

          Have you checked? It’s $9 or $7 depending on which deposit option you choose.

    • Yuppieshrink on 02/11/2021 - 22:06

      So if I have a US domiciled ETF (VTS) and transfer to Stake, will they automatically fill in this form for me?

  • ilovefullprice on 02/11/2021 - 18:27
    +1

    Always no love from Stake for those who have an existing account but not funded yet :(

    • orangetrain on 02/11/2021 - 18:39

      They're more like you than you realise

      • ilovefullprice on 02/11/2021 - 18:41

        Yeah, indeed I am finding Stake to be a bit stingy.

        • congo on 02/11/2021 - 19:11

          Lol

          • ilovefullprice on 02/11/2021 - 19:18

            @congo: Not funny, honestly.

            When I withdrew everything from my eToro account, they actually gave me US$100 (probably afraid I was gonna close my account).

            This is on top of all the referral bonuses I got with eToro which is worth US$100 a piece:
            https://www.ozbargain.com.au/node/600604

            Stake, you got to do better if you want people like myself to trade on your platform.

            • congo on 02/11/2021 - 19:58

              @ilovefullprice: How much is the brokerage with etoro?
              Referrals is not that important.
              Cheap brokerage makes a huge difference to the bottom line, you are a day trader

              • ilovefullprice on 02/11/2021 - 20:16

                @congo: Just like Robinhood, there’s no brokerage with eToro, but of course this means fees are incorporated into the spread, which I don’t know how big this is.

                I am not a day trader, so for those people like me, Stake needs to do better!

    • shegeloaf on 02/11/2021 - 22:32

      I have been with stake for two years. I am on stake black. I like the platform. They have gotten better but more expensive as they add more and more features.

      I only had a problem once during the GME / AMC saga, but that was across the board as brokers limited buying of those stocks.

      • Blitzfx on 03/11/2021 - 00:23
        +1

        It wasn't just limiting stocks. The entire platform turned into a shit pile when you can't even load the latest prices, place buy orders / sell orders, get updated holdings etc.

        Their back end was literally garbage. It's one thing to get blocked from buying GME / AMC, but it's another thing for ALL features, including logging in, to completely fail.

  • JeremyDealFiend on 02/11/2021 - 18:43

    Trying to sign up but it gets stuck loading on the sign up page

    • FrontBottom on 03/11/2021 - 17:09

      I had to switch to Edge (ick) vs Chrome; i assume because of one of my ad blockers

  • Briefcase Mong on 02/11/2021 - 19:14
    +2

    Highly recommend anyone with > $10k USD to use IBKR instead FX fees are much lower

  • Diji1 on 02/11/2021 - 19:41
    -3

    a great Australian company

    As Australian as Rupert Murdoch.

    Hard to say who is a bigger ****.

    • congo on 02/11/2021 - 19:59

      Murdoch would have more influence

    • toasty on 02/11/2021 - 21:27
      +4

      Really?

      At least Michael Cannon-Brookes and Scott Farquhar have been pushing for action on climate change while Murdoch was actively undermining efforts until he recently finished divesting a large part of his fossil fuel investments.

    • gaosong2101 on 02/11/2021 - 23:51
      +1

      Many Atlassian products are quite difficult to use compare to their competitors imo, especially JIRA and Bitbucket

      • idonotknowwhy on 03/11/2021 - 11:59
        -1

        And they pulled the rug out from under us at my company when they made "Team Calendars" pro-only after we had migrated to it from outlook on the standard plan. Now we're paying thousands more per year.

  • szy2k on 02/11/2021 - 20:39

    Thanks, great deal.

  • Mentem on 02/11/2021 - 21:57

    It's at least US$29 of free shares, go pro and Atlassian. If you get luck you could get US$200 we'll worth it and add your referral to the wiki about and you normally get another free share a year. We'll worth it!

    • shruglord on 03/11/2021 - 01:08

      The wiki what?

    • Miss B on 03/11/2021 - 02:05
      +4

      I got a crappy $2 stock

      • Tuttorix on 03/11/2021 - 10:12

        The ball drop thing is automated right? I thought I had to play the game 😂.

      • watwatwat on 04/11/2021 - 16:36

        Hmm their referral page is quite misleading. It's almost all balls of gopro/nike/dropbox but they add in a couple of question mark balls to hide the fact they'll give you a $2 stock.

        It used to be only gopro/bike/dropbox so they added this 'mystery stock' crap because gopro went from $2 to $10 and they don't want to give out that much.

  • EnALup on 03/11/2021 - 00:22
    +1

    Can we use a citibank global currency account to transfer USD to stake, so we dont use their conversion and additional charges for currency conversion?

    • JeremyDealFiend on 03/11/2021 - 17:11

      Thats a good idea, would be keen to know

    • indomatic on 03/11/2021 - 20:24

      You can wire USD directly into your account but they charge a flat $5 fee

  • arctan on 03/11/2021 - 11:20

    How much to deposit to be eligible?

    • me1stt on 03/11/2021 - 11:39

      Not mentioned anywhere.

    • Miss B on 03/11/2021 - 11:54
      +1

      50 AUD is the minimum deposit

      • bobwokeup on 03/11/2021 - 14:45

        Plus $9 US in fees. Not worth it.

  • antkey on 03/11/2021 - 13:23

    the sign up stuck for 10 minutes on Chrome

    • me1stt on 03/11/2021 - 13:33
      +2

      Try the app. I’ve just signed up and done within 2 minutes.

    • hyp3dup on 03/11/2021 - 22:54

      Adblocker

  • Oofy Doofy on 03/11/2021 - 14:06

    Stake vs Pearler ETF investing… Who's better? I believe the MER free ETF options for holding 1 year at a time to be worthwhile, BUT, the options they have for that perk don't look like good value to me.

    I'd probably go with Stake for the $3 brokerage fee for anything listed on the ASX

    • JeremyDealFiend on 05/11/2021 - 10:47
      +1

      Selfwealth has free ETFs at the moment

      Pearler free ETFs are only iShare ETFs I'm pretty sure. Personally I prefer some of the Vanguard and Betashares ETFs over iShares.

      • Oofy Doofy on 05/11/2021 - 16:23

        Stake is ETF brokerage fee free until 1 January 2022, Selfwealth copied them. Stake offer is because they're testing the asx ETF purchasing at their end as a kind of promo I guess. As you know, the ETF holding fee waiver deals are something different altogether.

        Good to see some real competition in the market, all of these options are chess sponsored too.

  • watwatwat on 04/11/2021 - 16:38
    +2

    Not as good as their Airbnb stock promotion. The holding I got for free from that is now $83 USD.

  • congo on 06/11/2021 - 10:15

    Has anyone tried transferring money to Stake US and trading on NYSE using Stake?
    How much do you lose in conversion fees on the transfer? Do you pay the full rate US tax?

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