We work with a number of partners to deliver a seamless, intuitive and safe investing experience.
Some of the regions in which Stake and its partners are regulated include in the US, the UK, across Europe and Australia.
We work with these partners to ensure that your assets are secure, safeguarded and insured. All while delivering you a better brokerage.
We’ve set out all the ways in which Stake and our partners are regulated and what this means for you.
In the UK, we are authorised and regulated by the UK Financial Conduct Authority (FRN: 830771) as Hellostake Limited (no. 11676409).
In Australia, Stake is an authorised representative (Authorised Representative No. 1241398) of Sanlam Private Wealth Pty Ltd (Australian Financial Services Licence No. 337927).
Stake's FX transfer partner in New Zealand is OFX (OzForex Limited) who are an ASX listed FX transfer service. OFX enables Stake to provide customers around the world with a more competitive and seamless FX service inside the Stake product. OFX manages the FX transfers for Stake customers and sits behind each transaction ensuring that customers funds are transferred in a timely and affordable way to your US brokerage account. OFX is regulated globally, including in the United Kingdom by the Financial Conduct Authority (FRN: 902028), in Australia by ASIC (AFS Licence number 226 484) and in the USA as a licensed money transmitter (NMLS #1021624).
DriveWealth provides the US brokerage and execution services to Stake and its customers. It is connected to the relevant exchanges to ensure that orders are executed in accordance with the client’s instructions. DriveWealth, LLC is a US broker-dealer registered with FINRA (US regulator) and is a member of SIPC, which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). You can read more about SIPC at www.sipc.org.
We work with a number of other regulated partners to bring better & safer access to the US stock market, including:.
Trulioo - For the digital verification services required to meet our KYC and AML requirements
Macquarie Bank - providing bank accounts for non-individual accounts (in Australia)
TrueLayer - Our UK open banking partner, enabling faster and more secure funding by customers
Tiingo - Our data provider for market and company data you see on Stake
Poli (Australia Post) - A payment gateway for faster online funding