Ann: Changes to Selfwealth Board, page-46

Stake's pricing model has changed... so effectively you can't really compare Stake to SWF in-terms of pricing. So a $30,000 trade will cost you $30.00, 3x the price of selfwealth, the only advantage in-terms of pricing that Stake has is cost per trade below $30,000.

1		This is a reminder that from 4 March 2023, Stake's new pricing comes into effect. We’ll be introducing a brokerage fee of US for Wall St trades of up to USk in value and 0.01% for Wall St trades USk and over in value. Additionally, a brokerage fee of 0.01% for Stake AUS trades of Ak and over in value will be introduced. This will apply to trades of all shares, such as ETFs and OTC stocks (including if you are a Stake Black customer). As we transition from challenger to Australia’s leading modern brokerage – and amidst rising costs in the current economic environment – this change is part of continuing to build out a robust financial services company while still innovating on products and services for you. As always, Stake continues to provide you with fantastic access to the markets with over 8,000 U.S. and ASX stocks and ETFs, U.S. OTC stocks, ASX exchange-traded bonds and hybrid securities, all delivered in a clean, market-leading investing experience. You can see our full current pricing here, still effective until 4 March 2023. You can read full details of the update in this blog post. Thank you again for being part of our 500k+ strong community.