I use Stake, It’s Chess Sponsored and has cheap brokerage (was...

  1. 34 Posts.
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    I use Stake, It’s Chess Sponsored and has cheap brokerage (was $3 but recently changed pricing model). I have had no issues with the platform and no issues with buy and sell execution. Emails are sent immediately with order confirmation. I have had no issues with depositing and withdrawing money. I don’t use the platform extensively though so my experience may be very different to someone who trades a lot.

    You cannot place a stop loss on AUS stocks but apparently can on US stocks which is frustrating as the functionality is obviously available. I think it offers all Aus stocks, I’ve certainly traded a few speccie stocks and I assume you can trade on most US stocks too. Charts are very basic and there is no market depth info.

    I still have some holdings with Stake but recently pulled out my funds because there is no stop loss functionality and as a beginner trader I defo need to apply a stop loss on my trades.
 
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