Stake is an Australian online broker focused on US, Australian, and New Zealand markets. It is currently available in two countries: Australia and New Zealand.
Stake used to operate in the UK and Brazil as well, but has since wound down those operations to focus exclusively on its Australia and New Zealand business.
One of Stake’s main draws is its transparency and low cost: it offers access to 9,500+ US stocks and ETFs with $0 brokerage, plus ASX (Australian) shares for Stake AUS account holders. On the downside, deposits funded from AUD to USD carry a 0.5% FX fee, and the product range is limited – no crypto, bonds, or options.
As part of its marketing strategy, Stake promotes its trading app by offering a free share to new users who sign up and fund their account.
Open a Stake account with a referral link and you’ll receive one free share worth up to US$150 once you fund your account within 24 hours.
Bottom line
By incentivising users to refer friends and rewarding clients who open an account, Stake has found a great way to grow its customer base while delivering real value to users at the same time.
We hope you’ve found our breakdown of the Stake free share program helpful.
Remember to always double-check this information against the official Terms and Conditions of the offers presented, as these can change from time to time.
Other FAQs
Where is Stake available?
Stake is available in two countries: New Zealand and Australia.
Where is the Stake free stock program available?
The Stake free stock program is available in all countries where Stake operates: New Zealand and Australia.
What is the difference between the Stake AUS Rewards program and the Stake Wall St Rewards program?
The Stake AUS Rewards is the program related to new Stake AUD accounts. The Stake Wall St Rewards program is meant to incentivize Stake Wall St account openings.
Will my Stake free share be subject to tax?
Your tax advisor should inform you about the appropriate tax treatment for this promotion.
Can I benefit from multiple Stake free stock offers?
Yes, you can get multiple shares through the Stake Free Share program.
Why do companies give free shares?
Companies give free shares to incentivize referrals and grow their customer base.
Are there other trading apps offering free bonuses?
Yes, other trading apps with free bonuses include eToro, Trading 212, BUX, and others.
