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30/01/23
22:11
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Originally posted by Lobo777
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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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Thanks for you reply,
I am thinking of giving it a go,
Will still have CommSec too,
But some good US Stocks are way down right now,
And would like to be able to trade them too.
As well as the cheaper brokerage etc.
Do you have a referral code?
Thanks again for your honest assessment,
it was helpful