They've changed their withdrawals from 1-2 business days to 2-4 business days. It's now taking me 6 days in total to get my money into my Australian bank account after settlement of my ASX shares. That's $90 lost on $100,000 @ 5.55% or 30 x $3 trades.
It used to be in the same day as it was processed for me but not anymore it's now a 6 day wait if it's not processed on a Monday.
I'm now looking for another broker without the withdrawal delay Stake has in place while still having cheap brokerage.
Add to My Watchlist
What is My Watchlist?