Stake vs Sharesies: Features, Coverage and Pricing Compared (2026)
Updated November 10, 2026 · Reviewed by Benjamin Margolis
Stake and Sharesies both sell share investing to people in Australia and New Zealand. Stake charges flat fees and suits hands-on traders in US and ASX shares. Sharesies suits beginners making small orders, with funds and KiwiSaver.
Our analysts compared the two on November 10, 2026, using each company's own product, pricing, and company pages and our full reviews of Stake and Sharesies.
Choose Stake if
- you make larger trades
- you trade US and ASX shares
- you want flat fees
Choose Sharesies if
- you make small orders
- you want managed funds or KiwiSaver
- you trade NZ shares
Stake scores 78 and Sharesies scores 75 in our ratings. Stake is cheaper for larger orders. Sharesies is cheaper for small ones.
Key Features Compared
Stake vs Sharesies at a Glance, November 2026
| Feature |  Stake |  Sharesies |
|---|---|---|
| Ratings | ||
| Fintech Index score | 78 / 100Higher score | 75 / 100 |
| Overview | ||
| What it is | Sydney, Australia, investing app that lets Australian and New Zealand investors trade US and ASX shares for a flat fee per trade | Wellington, New Zealand, investing app where people buy shares, ETFs, and funds in New Zealand, Australia, and the US from small amounts |
| Who it suits | Self-directed investors in Australia and New Zealand; more than 750,000 customers | Investors in New Zealand and Australia; more than 1 million investors |
| Main products | US and ASX shares and ETFs, US extended hours, and Stake Super | NZ, Australian, and US shares and ETFs, managed funds, KiwiSaver, auto-invest, and kids accounts |
| Where it operates | Australia and New Zealand | New Zealand and Australia |
| Products and features | ||
| Cost to trade | $3 flat | 1.9% per order, capped |
| Pricing | ||
| How pricing works | $3 per US trade up to $30,000; A$3 per ASX trade; 0.55% FX | 1.9% per order, capped at $5 for US orders; monthly plans from ~$1.71 |
| Published prices | Fees posted | Fees posted |
| Technology and compliance | ||
| Regulation and protection | CHESS-sponsored ASX holdings | NZX accredited participant |
| App and platform | App with extended US hours | App with auto-invest |
| Integrations and partners | Stake Super | KiwiSaver scheme |
| Onboarding and support | In-app sign-up; self-directed with no personal adviser | Plans unavailable to companies and trusts |
| Company | ||
| Founded | 2017 | 2017 |
| Headquarters | Sydney, Australia | Wellington, New Zealand |
| Ownership | Private, venture backed | Private |
| Funding | ~$63.3M Series A completed in May 2022, with Tiger Global and DST Global | ~$17M Series D from existing shareholders and a placement, at a ~$428M valuation |
| Key leader | Matt Leibowitz | Brooke Roberts |
| Scale | ~$4.2B of assets; third-largest broker in Australia | More than $6.8B on the platform |
Fintech Index Scores Compared
We rate every company on eight criteria from 0 to 100, four tied to what buyers in its sector need and four shared by every company, and the rating is their average. Stake scores 78 and Sharesies scores 75.
Criterion Scores Out of 100
Key Differences Between Stake and Sharesies
Fees
Stake charges $3 per US trade and A$3 per ASX trade. Sharesies charges 1.9% per order, capped.
Markets
Sharesies covers NZ, Australian, and US shares. Stake covers US and ASX.
Products
Sharesies adds managed funds, KiwiSaver, and kids' accounts. Stake adds Stake Super.
Pros and Cons
Stake
Pros
- Low flat fees
- US and ASX in one app
- CHESS-sponsored holdings
- 13,000+ stocks and ETFs
Cons
- 0.55% FX on US trades
- No advice or managed portfolios
- Few international markets
Sharesies
Pros
- Fractional shares
- KiwiSaver in the same app
- Low cost for small orders
- Managed funds
Cons
- Costly for large orders
- Light research tools
- Plans not for companies or trusts
Who Each Is Best For
Stake
An Australian investor who wants to trade US and ASX shares in one app for a flat fee per trade, with CHESS-sponsored ASX holdings.
Sharesies
A New Zealand or Australian investor starting small who wants to buy local and US shares, ETFs, and funds in one app with simple fees.
Alternatives to Stake and Sharesies
These companies, all reviewed and rated on The Fintech Index, cover some of the same ground as Stake and Sharesies.
Other Card Issuing and Processing Companies
| Company | Score | Best for | Comparisons |
|---|---|---|---|
| Raiz Invest | 77 | First-time Australian investors | Raiz Invest vs Sharesies Raiz Invest vs Stake |
| Gotrade | 78 | International investors who want fractional US stocks | None yet |
Frequently Asked Questions
Does Stake offer NZ shares?
No.
Does Sharesies offer US shares?
Yes.
Sources
- The Fintech Index analysis of Stake and Sharesies, conducted November 2026 (As of November 10, 2026)
- Stake home page: https://hellostake.com/au (As of November 10, 2026)
- Stake Financial Services Guide: https://hellostake.com/au/legal/financial-services-guide (As of November 10, 2026)
- Stake, Matt Leibowitz returns: https://hellostake.com/au/newsroom/article/matt-leibowitz-returns-to-lead-stake-further-accelerating-its-impact-for-australian-investors (As of November 10, 2026)
- Stake, $90 million funding round: https://hellostake.com/au/newsroom/article/blt76f0dc4072026da3-stake-completes-90-million-funding-round (As of November 10, 2026)
- Stake, Damian Kassabgi joins board: https://hellostake.com/au/newsroom/article/damian-kassabgi-joins-stake-board (As of November 10, 2026)
- Sharesies pricing: https://www.sharesies.nz/pricing (As of November 10, 2026)
- Sharesies about: https://www.sharesies.nz/about (As of November 10, 2026)
- BusinessDesk, Sharesies capital raise: https://businessdesk.co.nz/article/markets/latest-capital-raise-values-sharesies-at-750m (As of November 10, 2026)
- RNZ, Brooke Roberts and Sharesies: https://www.rnz.co.nz/news/business/528163/democraticising-stocks-brooke-roberts-leads-an-investment-platform-valued-at-500-million (As of November 10, 2026)
- Sharesies reviews on Trustpilot: https://www.trustpilot.com/review/sharesies.nz (As of November 10, 2026)