Stake vs Moomoo

Stake vs Moomoo Comparison Table 2024
Stake Moomoo
2.9
3.8

Moomoo is #11 in our broker rankings.

United States Flag Traders from US not accepted
United States Flag Traders from US accepted

Stake is an Wall Street brokerage offering 6,000+ stocks on a mobile investing app. This multi-reglated broker has gained a strong reputation since its inception in 2017, with over 450,000 customers. The brand offers competitive fees, with just a $3 brokerage charge and 0.5% for FX conversion, making it popular with global traders.

Moomoo is an SEC-regulated app-based investment platform that offers a straightforward and affordable way to invest in Chinese, Hong Kong, Singaporean, Australian and US stocks, ETFs and other assets. Margin trading is available and the brand offers a zero-deposit account as well as several bonuses.

Customer Reviews
3.5
Bonus Offer
Free Stock Get up to 15 free stocks worth up to $2000
Comment by Reviewer
"Stake will appeal to aspiring stock investors looking for a heavily regulated, easy-to-use mobile platform with low fees and thousands of US shares." "Moomoo remains an excellent choice for new and intermediate stock traders who want to build a diverse investment portfolio. What really stands out is the broker's user-friendly app and the low trading fees."
Pros
  • Strong regulatory oversight with licenses and memberships with FINRA, SIPC and the FCA
  • Excellent range of 6,000 US stocks and ETFs, plus a useful stock comparison tool
  • Free first 'mystery' stock when you sign up and fund your account within 24 hours
  • Competitive $3 brokerage charge and free fractional shares, plus no inactivity or account fees
  • Sleek and user-friendly mobile interface with price charts, a financial news stream and market data
  • Attractive 'Stake Black' membership for Australian and New Zealand clients, offering instant fund settlements and more
  • Educational content and market overviews are posted to help investors stay up to date with the US and Australian markets
  • Fractional trading and stock lending help Stake offer a complete investing package
  • Clients can take advantage of free trades on Wall Street stocks and ETFs
  • It is reassuring that Moomoo holds licenses with the US Securities and Exchange Commission (SEC) and the Monetary Authority of Singapore (MAS), among others
  • Moomoo is a Member of FINRA and the Securities Investor Protection Corporation (SIPC), adding another level of security for prospective clients
  • The ‘Moomoo Token’ generates dynamic passwords for transaction security - a unique and helpful safety feature
  • Moomoo's analytics and insights are impressive and detailed compared to other brands
  • There is no minimum deposit requirement making the broker accessible for beginners
  • The broker offers access to extended pre-market trading hours
  • There are reduced options contract fees from $0.65 to $0
Cons
  • Stake charges hefty deposit and withdrawal fees, and up to A$20 per month for its top account levels
  • To unlock market depth, company financial data and OTC stock trading, investors need to pay up to A$20 per month for Stake Black
  • UK investors are limited to bank transfers when making deposits and withdrawals
  • There is only one method for clients to contact the customer support team
  • The brokerage does not support trading using leverage or margin
  • There are limited technical analysis tools in the app
  • There is a narrow range of trading instruments
  • There is no negative balance protection, which is a common safety feature at top-tier-regulated brokers
  • It's a shame that there is no 2 factor authentication (2FA), despite the other security features on offer
  • There is no phone or live chat support - common options at most other brokers
Awards
  • Best Trading Platform 2022 - Fintech Breakthrough
  • Best Active Trading App 2021 - Investing Simple
  • Best Trading Technology 2021 - Benzinga
  • Best Online Stock Brokers 2021 - Benzinga
Instruments
Stocks, ETFs Stocks, Options, ETFs, ADRs, OTCs
Demo Account
No Yes
Minimum Deposit
$50 $0
Trading Platforms
  • Own
  • Desktop Platform
  • Mobile App
Payment Methods
Minimum Trade
Variable $0
Regulator
FCA, ASIC, FMA SEC, FINRA, MAS, ASIC, SFC
Margin Trading
No Yes
Margin Rate
6.8
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS & Android Yes (iOS & Android)
Android App Rating
3.3
iOS App Rating
4.6
Copy Trading
No No
Social Trading
No No
Trade Signals
None
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0 $0
Islamic Account
No No
Account Currencies
  • USD
  • GBP
  • AUD
  • NZD
  • BRL
  • USD
  • HKD
  • SGD
Stock Exchanges
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