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.
Stakes No Longer A Cheap Broker For Me!!!!
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Last
12.5¢ |
Change
0.005(4.17%) |
Mkt cap ! $29.24M | |||
| Open | High | Low | Value | Volume |
| 12.3¢ | 12.5¢ | 12.3¢ | $22.41K | 179.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11104 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 163669 | 4 |
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| Last trade - 15.59pm 02/07/2024 (20 minute delay) ? |
| SWF (ASX) Chart |