$0 Brokerage Fees on ASX Trades for 12 Months with Portfolio Transfers @ Stake

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pifts on 31/01/2022 - 16:52 hellostake.com (3081 clicks)
Last edited 01/02/2022 - 11:27 by 1 other user

Transfer your ASX portfolio (> $1000) to Stake and receive 12 months of $0 brokerage. Stack with $10 referral bonus for new customers.

You get 10 ASX trades each month at this discounted brokerage rate. After these 10, brokerage reverts to the standard A$3 per trade until the 10 trades resets the following month.

This offer applies to individual account types only. This can only redeemed once per customer.

Terms & conditions.

Common questions addressed by Stake rep:

• Stake charges no fee for transferring your portfolio in or out of Stake AUS (please check with your departing or receiving broker if they charge a
  fee).

• Your Stake AUS account is CHESS-sponsored with your own HIN. This means you own the shares entirely.

• We do offer instant deposits and withdrawals. You get your very own Airwallex account with unique BSB & Account details.

• Much like our Stake Wall St rewards, we intend to make Stake AUS rewards permanently available.

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  macr0hard on 22/02/2022 - 11:49

  Stake's "instant" deposit takes much longer than Selfwealth or even Pearler. These 2 take about 1-2 mins. The first time I transferred to Stake it took 10 mins. Now I've been waiting for almost 15 mins and still nothing has arrived.

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  Webz66 on 13/03/2022 - 17:14

  Has anyone transferred from commsec? If so was there any fees?

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    aneil915 on 15/03/2022 - 14:55

    +1

    Zero fees when I did the transfer 3 months ago.

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      Webz66 on 16/03/2022 - 11:28

      Good to know! Thanks.

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  thomaswu07 on 07/05/2022 - 23:29

  +1

  so i've transferred my shares across from selfwealth and superhero. took about a week. no fees. only a few documents to sign. got 12months of tree trade (10 free trades a month)

  but what do i do about the registries? (computershare, link and automic)
  do i sign up a new account or find form to merge them?

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  dajackal on 13/12/2022 - 18:35

  If I transfer my CommSec holdings does my CommSec account remain open?

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    aneil915 on 13/12/2022 - 21:14

    +1

    Yes, my commsec account is still open 10 months later.

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      dajackal on 13/12/2022 - 21:18

      Thanks! Did you transfer your entire holdings over?
      Also, did you find getting a new HIN an issue for you?

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        Reveen on 14/12/2022 - 08:52

        +2

        I've been using a CommSec account to use their live pricing for free for years without ever having any holdings in it.

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  Kustard King on 21/12/2022 - 00:49

  Can you keep your current HIN or do you need a new hin?

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    aneil915 on 21/12/2022 - 06:16

    +1

    Stake give you a new HIN

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  Kustard King on 02/01/2023 - 03:18

  Do stake let you update the average buy price based when you transfer in from what you know about previous broker data?

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    aneil915 on 02/01/2023 - 06:42

    +1

    Yes they do and if for some reason the average price is incorrect after the transfer, you can contact stake to get it updated.

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  congo on 30/01/2023 - 01:18

  -1

  Tried trading and lost $$$
  Trading isn't for everyone.
  Not going to quit my day job.
  DYOR

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  claudefrog12345 on 12/07/2023 - 07:50

  Has anyone transferred from Think Markets? Are there any fees from them? Thanks!

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    powerhead on 12/07/2023 - 08:42

    +1

    I did in 2021 when stake was still in beta, no fees from TM, they are a chess sponsored broker too.

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      claudefrog12345 on 12/07/2023 - 08:46

      Thankyou

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  JimmyJohnson on 05/06/2024 - 01:18

  So the play is to open a CMC markets account, buy $1001 of shares over 2 days (for $0 brokerage) and then transfer to stake?

  Am i correct?

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