Mitrade vs Stake - BrokerCue
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Broker Comparison

Mitrade vs Stake

Compare Mitrade and Stake side by side: fees, regulation, platforms.

Mitrade

Mitrade

Beginner CFD and forex traders

Mitrade is a CFD and forex broker offering 800+ instruments across forex, stocks, indices, commodities, ETFs โ€ฆ

VS
Stake

Stake

Australian investors in US and ASX stocks

Stake is an Australian investing platform offering access to 12,000+ US and ASX-listed stocks and ETFs at A$3โ€ฆ

Head-to-head comparison

Mitrade vs Stake
Feature Mitrade Stake
Minimum deposit - -
Stock trading fee - A$3 or US$3 per trade; 0.01% for orders above A$/US$30,000
Regulators ASIC, CySEC, CIMA, FSC, FSCA, CMA ASIC, SEC, FINRA
Best for Beginner CFD and forex traders Australian investors in US and ASX stocks
Markets & account
Stocks
-
ETFs
-
Forex
-
CFDs
-
Crypto
-
Margin
-
Multi Currency
Demo Account
-
Fractional Shares
-

Pros & cons

Mitrade

Mitrade

Pros

  • Zero commission on all trades
  • Regulated by ASIC and CySEC (Tier-1 regulators) plus CIMA, FSC, FSCA and CMA
  • No deposit or withdrawal fees
  • Proprietary platform available on web, desktop and mobile
  • Free demo account with virtual funds
  • 800+ CFD instruments including forex, stocks, indices, commodities, ETFs and crypto
  • Negative balance protection
  • Low minimum deposit of $50

Cons

  • No MetaTrader 4, MetaTrader 5 or cTrader support
  • All positions are CFDs - no ownership of underlying assets
  • $10 monthly inactivity fee after 6 months (non-EEA accounts)
  • Demo account expires after 90 days
  • No copy trading or social trading features
  • No swap-free Islamic account
  • Single account type with no ECN or raw spread option
  • Account currency cannot be changed after opening
Stake

Stake

Pros

  • Flat A$3 or US$3 brokerage on trades up to A$/US$30,000
  • CHESS-sponsored ASX trading with individual HIN
  • Fractional shares available for US stocks from US$10
  • Access to 12,000+ US and ASX-listed equities
  • Extended pre-market and after-hours US trading
  • No inactivity fee and no account management fee
  • iOS and Android mobile apps

Cons

  • Limited to US and Australian markets only - no European, Asian or other exchanges
  • 55 basis-point FX conversion fee on USD deposits
  • No fractional shares for ASX stocks
  • No CFDs, options, futures, margin trading or crypto
  • No demo account
  • Stake Black subscription required for analyst ratings, market depth and advanced data
  • Customer support limited to email and phone - no live chat
Mitrade

Mitrade

Mitrade is a CFD and forex broker offering 800+ instruments across forex, stocks, indices, commodities, ETFs and crypto through a proprietary platform.

Your capital is at risk. Other fees apply.

Stake

Stake

Stake is an Australian investing platform offering access to 12,000+ US and ASX-listed stocks and ETFs at A$3 or US$3 per trade.

Your capital is at risk. Other fees apply.

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