Those who want more control (i.e from order types, to trading using an app and web platform). Passive investors can deposit small amounts when it suits, then set a timeframe and amount to invest at regular, automated intervals without paying fees. When it comes to brokerage, the $0 commission on market orders that Stake offers can offset the extra FX costs in some cases. If your portfolio is under $50 total, there is no membership, Optional $9/month for additional features such as day trading on unsettled funds, priority customer support, analyst ratings and price targets, 0.4% on the interbank rate, no minimum fee, 1% on the interbank rate, $2 minimum fee (with a minimum $10 withdrawal amount), 0.5% of the order value up to $3,000, then 0.1% after that, $3 flat fee to buy and sell up to 300 shares (then it’s $0.01 a share) for all order types (limit, market, stop-loss), $0 market orders - all advanced order types are available for free, and all trading is free on Stake. ​. Because of the different fee structures, it really does depend on how much you plan to deposit and withdraw, the order types you want to use and how often you plan to trade. Hatch offers a simple way to keep fee percentages low by allowing auto-investments into all 2,700+ companies and ETFs. Read More. I can't find anything written up, but maybe I've missed it. Comparing Sharesies vs Investnow vs Hatch and more, Top 10 New Zealand Personal Finance Experts, Trusted Insurance Brokers in Christchurch, American Express Airpoints Platinum Review, Best Foreign Currency Debit & Credit Cards, TransferWise International Money Transfer Review, Renting Directly to Tenants vs Using an Agent, Trusted Mortgage Brokers in Napier and Hastings, Fixed or Floating Mortgage Rate Calculator, How to Check Your KiwiSaver Contributions, New Zealand Defence Force KiwiSaver Scheme, 65+ Best Online Shopping Websites in New Zealand, The Complete Guide to Renting in New Zealand, Hardship Assistance - Urgent Costs and Living Expense Assistance, Student Job Interview Questions and Answers. If you're already a Sharesies customer for NZ investments and paying a membership fee, this will cover your US investing activities. However, Hatch is the most cost-effective for any trade above $750. he Stake app makes this effortless, and the design and functionality of Stake, in general, will encourage frequent use. Since launching, it has grown fast. Hi there, I am a noob in the finance world and I am learning about ETFs. Sharesies Review: Share trading made easy. Hatch offers 3,500+ investing opportunities, fully supported by its Wellington team. Sharesies is New Zealand's first low-fee online share investing platform. They do not manage your funds – instead they act as a “middleman” between investors and Fund Managers. Hatch and Stake both offer access to a wide range of US stocks and ETFs, while Sharesies provides the added bonus of being able to invest in the NZX too. Last updated: May 6, 2020. It offers 3,900+ shares and ETFs. The information on this website does not constitute financial advice in any form. Ant Reformed geek | Referral links: Electric Kiwi Sharesies Stake. Hatch provides a full-featured and intuitive investing experience for beginners through to experienced investors, with a useful, Stake is a full suite brokerage with app and web. My take on it: everyone knows her name and how she died, why should he get anonymity? I have recently joined Stake so I can access US stocks, and went with Stake because they had no fees and I had a referral code which got me a free US share. Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. The fees charged by Hatch increase the more shares you trade (after 300 shares, the fee is 1 cent/share). Hatch vs Sharesies - Which Is Better? Which is the right platform for you to buy shares on the stock market? The information on this website does not constitute financial advice in any form. Sign up. The trade fees are simple - 0.5% (up to $3,000) and 0.1% on amount that are simple to understand. And Sharesies … BDFL - Memuneh 69681 posts Uber Geek Administrator ID Verified Trusted Geekzone Lifetime subscriber #2623956 18-Dec-2020 15:33. quickymart: My take on … The 1% FX fee charged by Stake, can, in some instances of low value funding, offset the benefits of the ‘$0 brokerage fee’. Hatch has a simple fee structure and offers a lot more features than Stake's free-fee plan. Hatch vs Sharesies – Which Is Better? Hatch charges 0.5%, where as Stake charges 1%. Set up. In this review, we discussSharesies and Hatch and help you evaluate which is better. We are a journalistic online resource with the aim of providing New Zealanders with the best money guides, tips and tools. ​We cannot accept liability for any decision made based on our information. Its fees are simple to follow, and we outline these below. Hatch was the first New Zealand-based web platform to offer easy access to US-listed stocks and ETFs. Stake emulates the offerings of neo-brokers like. Passive investors can deposit small amounts when it suits, then set a timeframe and amount to invest at regular, automated intervals without paying fees. It offers 3,900+ shares and ETFs. The break-even point where Hatch fees are cheaper than Sharesies is $750 and Stake is $600 in one transaction. All dollar ($) values below are expressed in USD, which is the functional currency of Hatch and Stake by way of trading and fees. freitasm. Our Stake vs Hatch vs Sharesies comparison is a good place to start. Once you've deposit money with Stake, you can buy and sell endlessly with zero trade fees and therefore avoid transactional FX fees (until you withdraw the USD back into NZD). There is zero brokerage fees across the board, Free and unlimited - phone call back, and online, Free and unlimited - local phone number and email, SEC fee: $0.231 per US$10,000 of sale proceeds, TAF fee: $0.0001119 per share with a per-transaction cap of $5.95, Depositing any amount for less frequent trading, Those wanting to use a New Zealand-based platform, Those who want more control (i.e from order types, to trading using an app and web platform). Free trading fees is the biggest selling point of Stake, although the 1.00% FX rate applied to funding and withdrawing USD means Stake makes its money elsewhere. What platform is best for you depends on how you want to invest and your chosen investing strategy. It serves anyone accessing the US market with full functionality (all order types, day trading) and has over 170,000 Australian customers. Shares, the trade fees are simple - 0.5 % ( up to 300 shares, 's. 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