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10/08/21
16:10
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Originally posted by pete11:
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Hi guys, just wondering im thinking of signing up to that website called STAKE which lets you buy only US shares with no commission (except a currency exchange fee) it seems too good to be true, has anyone on here used it or is a member of it? is is 100% LEGIT? have you had any problems like getting your money back when selling US shares? any hidden fees you weren't expecting? what do you think about their guarantee that if stake were to fail your money is still safe because of DRIVE wealth where your shares are actually allocated too, do you think if stake were to get hacked and the website was down for a long time you would be able to access your holding and US$ through drivewealth? even though you cant access your holding whilst stake is working ok normally, thanks anyone.
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I don't know them yet, but as someone wise once said, if you arent paying for the product, you are the product. I assume as well as making a big fat margin on currency exchange, that they are probably selling some level of detail around your trading activity...