(hello) Stake Broking referrals

[Dr Ralph]

I’ve recently started using Stake broking and have found this to be a very cost effective method of executing CHESS trades on the ASX. They also allow trades on the US stock exchange.

For the ASX it’s $3 a trade. Although the fees will soon increase from March 3, 2023 if you trade over $30,000:

Please consider using my referral link and you will get $10 when you fund in Stake AUS, and a free US stock when you fund in Stake Wall St. I may also earn a reward/benefit (The benefits for referrals appear to change, currently $1 less per trade):

You’ve been invited to Stake | Claim your reward now | Stake

Use a referral code when you sign up to get rewarded. Fund your account within 24 hours to unlock a starter stock (Stake Wall St) and/or A$10 (Stake AUS).

hellostake.com

 

[penegal]

That's cheap for small trades!

I may also earn a reward/benefit:

What benefit would that be?

See:

Posting Guidelines for Referral Offers

As some of you may know, credit card companies (and other organisations) often offer bonuses to their card-holders (or customers) for referring their products to others. Often these bonuses are given to both the referrer and referee. This is clearly a win-win situation! As you also may know...

www.australianfrequentflyer.com.au

 

[Dr Ralph]

What benefit would that be?

The benefits for referrals appear to change, but likely a reduction in the price the referrer pays for future brokerage. Currently $1 less per trade for each person referred.

 

[penegal]

The benefits for referrals appear to change, but likely a reduction in the price the referrer pays for future brokerage. Currently $1 less per trade for each person referred.

Is there a cap, or can you zero out your brokerage?... *evil smirk*

 

[Dr Ralph]

Is there a cap, or can you zero out your brokerage?... *evil smirk*

I'm not sure what you are asking.

If you are asking is there a minimum amount of shares that you have to purchase, then this is set by the ASX and is $500 worth of that share.

If you are asking can you get the brokerage down to $0, then the answer is yes. But the number of trades at $0 is limited to 10 a month (full details of how this works here: Stake AUS Rewards Terms & Conditions | Stake).

 

[penegal]

$1 less per trade per person referred;

Refer 3 people and your $3 brokerage is zero??

 

[Dr Ralph]

$1 less per trade per person referred;

Refer 3 people and your $3 brokerage is zero??

Essentially yes, but full details here: Stake AUS Rewards Terms & Conditions | Stake

 

[one9]

Here is my referral link for the $10 credit (Stake Aus) or free stock (Stake USA): Click for referral link.

My signup & portfolio transfer experience was very good with Stake. Unlike my previous provider, the customer service was really good and quick.

Stake's biggest advantages for Stake Australia is their really low $3 brokerage fee (for trades up to $30,000) as well as the fact that your holdings are Chess sponsored.

Thanks in advance , if anyone happens to use my link. I will get a bonus of $1 less per trade.

 

[one9]

When opening an account with Stake, you can choose to open an account with Stake AUS or Stake Wall Street (US) or both. Opening an account with both (if you intend to purchase both AUS and US stocks) is easy and it's all under your one login. At the top right of each page is a toggle to change between AUS & US.

The current bonuses are:
* A free stock (Nike, Dropbox or GoPro stock) when funding your US account
* $10 trading credit when funding your AUS account

If anyone is thinking to sign up, I would be hugely appreciative if you would consider using my referral link in the above post. Thank you.

 

[KingHuang]

When opening an account with Stake, you can choose to open an account with Stake AUS or Stake Wall Street (US) or both. Opening an account with both (if you intend to purchase both AUS and US stocks) is easy and it's all under your one login. At the top right of each page is a toggle to change between AUS & US.

The current bonuses are:
* A free stock (Nike, Dropbox or GoPro stock) when funding your US account
* $10 trading credit when funding your AUS account

If anyone is thinking to sign up, I would be hugely appreciative if you would consider using my referral link in the above post. Thank you.

signed up!

I would also really appreciate anyone using my link below.

You’ve been invited to Stake | Claim your reward now | Stake

Use a referral code when you sign up to get rewarded. Fund your account within 24 hours to unlock a starter stock (Stake Wall St) and/or A$10 (Stake AUS).

hellostake.com