Broker profile

Stake · Australia · since 2017

Stake, with an AI that reads every holding you own.

What Stake is, what it costs on the ASX and Wall St, how your shares are held, and how Walnut reads your Stake holdings next to every other broker, gives each one a keep, trim or exit read, and places the buys you approve.

  • Reads your Stake account
  • Buys what you approve
  • Login stays at Stake

Your Stake, in Walnut

Connected
Wall StCan buy
US$12,400.00
ASXCan buy
A$8,650.00

How concentrated is my Stake portfolio?

Three of your eleven holdings make up just over half of it, and one sits above a quarter on its own, so Walnut flags it and shows why.

Reads in full, buys you approve
Sample account, for illustration

Pricing and fees, checked October 2026

How much does Stake cost?

ASX trade, up to A$30,000
A$3
Wall St trade, up to US$30,000
US$3
Brokerage on orders above $30,000
0.01%
FX fee on Wall St currency conversion
55 bps
Smallest fractional buy, Wall St
US$10
ASX shares held in your own name
HIN

AI features

Stake ships no AI assistant of its own

As of October 2026, Stake lists no AI assistant and no official connector for ChatGPT or Claude. Its premium Stake Black subscription adds trading data, such as ASX market depth and course of sales, rather than AI.

Where Walnut fits

Stake shows each position and its return. Walnut reads Stake next to any other broker you connect, puts each holding against the S&P 500, flags any one name over a quarter of the portfolio, and places the buys you approve at Stake.

See how it reads

Pricing

What Stake costs

ASX (Stake AUS)Wall St
Brokerage, up to $30,000A$3 a tradeUS$3 a trade
Brokerage, above $30,0000.01%0.01%
FX fee on conversionNot applicable55 bps
Fractional sharesNot listedFrom US$10
How shares are heldIn your name, on a HINBy US partner DriveWealth

Stake's published prices, checked October 2026. Walnut charges nothing extra to connect Stake.

With Walnut

What you can do with Stake here

  • Read your Stake holdingsEvery position, with live prices
  • Each holding against the S&P 500One-year price return, momentum and size
  • A keep, trim or exit readPer holding, with any name over 25% flagged
  • Goals and net worthStake counted next to your other accounts
  • Buy what you approveOrders go to your Stake account
  • Sell from WalnutWalnut places buys only. Sell in Stake
The Stake guideBy the Walnut team · Updated October 2026 · 5 min read

Everything else people ask about Stake, answered plainly.

Is Stake good for beginners?

Short answer

For Australians who want both the ASX and Wall St in one app, it is a low-cost start. Stake charges A$3 per ASX trade and US$3 per Wall St trade up to $30,000, and sells fractional US shares from US$10.

The cost a beginner can miss is currency. Money moved into Wall St is converted to US dollars with a 55 basis point FX fee, about 5.50 on every 1,000 converted, before any trade. Small, frequent top-ups add that up quickly.

What Stake lacks is a read on the whole portfolio. It shows each position and its return, not whether a handful of US tech names now carry most of the risk. That is the gap an AI that reads the account can close.

Read the full guide: Best share trading platforms for beginners

Is Stake safe?

Short answer

Stake operates under Australian Financial Services Licence 548196. ASX shares are registered in your own name on a HIN, and US shares are held for you by DriveWealth, a SIPC member, covering up to US$500,000 if that firm fails. Neither protects against market losses.

Connecting Stake to Walnut runs through a secure connection where you sign in at Stake. Walnut never sees or stores your Stake password, holds no money and moves none, and you can disconnect from Walnut's Brokerage screen at any time.

HIN

ASX shares held in your name

US$500K

SIPC cover on US shares

548196

AFS licence Stake operates under

Read the full guide: How share accounts are protected in Australia

Can Stake connect to ChatGPT or Claude?

Short answer

Not directly. As of October 2026 Stake has no AI assistant and no official connector for ChatGPT or Claude. An app such as Walnut links Stake through a secure connection, and its connector lets Claude and ChatGPT read those holdings.

Through Walnut, Stake is read in full: every position, each one against the S&P 500, and a keep, trim or exit read per holding. Walnut also places the buys you approve in your Stake account; sells you place in Stake yourself.

Read the full guide: How to connect a brokerage to an AI assistant

Stake vs CommSec vs Interactive Brokers

ASX trade, onlineA$3 up to A$30KA$5 up to A$1K, to a CDIA0.08%, A$6 minimum
US tradeUS$3 up to US$30KUS$5 or 0.12%US$0.005 a share
FX fee on conversion0.55%0.55%Not compared
Read in WalnutYesYesYes
Buy through WalnutYesView onlyView only

Stake takes buys you approve in Walnut; CommSec and Interactive Brokers read in full. For a new account to trade, Walnut points to Public and Robinhood.

Read the full guide: Best share trading platforms for beginners

Quick answers

What does Stake charge per trade?
A$3 on the ASX and US$3 on Wall St for trades up to $30,000, then 0.01%. Converting money for Wall St also carries a 55 bps FX fee.
What is Stake Black?
Stake's premium subscription. The ASX version adds market depth, a live course of sales and more frequent ASX data to the standard app.
Can Walnut trade in my Stake account?
Yes, the buys you approve, if your connection allows trading. Sells stay in Stake. For a new account to trade, Walnut points people to Public and Robinhood.
Does Walnut see my Stake cost basis?
No. Stake holdings arrive without cost basis, so Walnut shows each holding's price return against the S&P 500 rather than profit and loss.
Does Walnut see my Stake password?
No. You sign in at Stake through a secure connection. Walnut never sees or stores the password and never holds or moves money.
Is connecting Stake to Walnut free?
Yes. Connecting is free, and so is the assistant up to a per-session allowance. Walnut Unlimited, $9.99 a month on the web, lifts that limit.

Keep reading

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Read in full, buy what you approve. Login stays at Stake.

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