Sharesies; Hatch NZ; Contact Us; June 6, 2020 0 Comments 1899 Views. However, Hatch is the most cost-effective for any trade above $750. 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). Stake emulates the offerings of neo-brokers like. We can't guarantee everything contained on this website will be perfect - you use the information contained on our website and all social channels at your own risk.​. US shares: Stake vs Hatch vs Sharesies; NZ shares: Sharesies vs InvestNow vs Smartshares ; Sharesies, InvestNow and Smartshares are three well-known online platforms that aim to help Kiwis grow their wealth. It charges a simple US$3 per trade (for up to 300 shares, then $0.01 per share from there). The 0.40% FX fee is lower than Hatch (0.5%) and Stake (1%), but unlike the other platforms, Sharesies doesn't let you fund your USD wallet using a third-party service. So, do I invest in Smartshares ETFs or use Sharesies to invest in the same ETFs ? It offers 3,900+ shares and ETFs. If you're already a Sharesies customer for NZ investments and paying a membership fee, this will cover your US investing activities. 10 Top Investments for Young New Zealanders, Investing in the US Stock Market from New Zealand, Barefoot Investor-Friendly Financial Products in New Zealand. We are a journalistic online resource with the aim of providing New Zealanders with the best money guides, tips and tools. Fund Platforms are services that offer you access to a variety of different funds to invest in, sometimes described as a “Fund Supermarket”. Copy Spreadsheet. For example, on a $1,000 deposit, you’re paying $3 extra to deposit via Stake, on a $10,000 you’re paying $30 extra. he Stake app makes this effortless, and the design and functionality of Stake, in general, will encourage frequent use. Because it's likely investors will buy, hold, sell and re-invest their money while keeping it in USD, our table below calculates and compares the total trade fees if you exclude FX fees. All dollar ($) values below are expressed in USD, which is the functional currency of Hatch and Stake by way of trading and fees. While you pay $3 per trade, the FX fee is half what Stake charges (0.50% vs 1.00% - and no $2 minimum fee) which is a significant benefit. - How to Invest. Active traders will likely prefer Stake for its zero brokerage fees, while more strategic investors will prefer Hatch for its lower FX fees. was established in 2018 and is owned by Kiwi Wealth Ltd, a sister company of Kiwibank and part of the Kiwi Group family. ​. In addition, money held by the Custodian can’t be touched by creditors. 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. With Stake. With Hatch, the trade fee is $24 ($3 + 2,100 shares X 1 cent/share). Sharesies is available for anyone who is 16+ years of age, an NZ resident, and has an NZ bank account. An Australian platform, Stake, is also testing its product in New Zealand and plans to launch in coming months. Read More. ​We cannot accept liability for any decision made based on our information. After 300 shares, it's $0.01 a share. 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. So, investing in hatch is a good option if you are planning to buy shares of a single company. Hatch offers 3,500+ investing opportunities, fully supported by its Wellington team. Three investment platforms have entered the New Zealand market since 2017 - InvestNow, Sharesies and Hatch - through which people have invested a total of around $385 million. ASB Securities and Direct Broking allows you to buy and sell shares in any o… All Posts; Sharesies; Hatch; Stocks; Investing, Stake, Stocks. BDFL - Memuneh 69681 posts Uber Geek Administrator ID Verified Trusted Geekzone Lifetime subscriber #2623956 18-Dec-2020 15:33. quickymart: My take on … 0 Comments 833 Views. $2), added extras (SEC and TAF fees) and doesn't pay interest on uninvested funds. This table compares Hatch and Stake's fee schedule side by side. In rare instances, a provider will change a price or product before we've had a chance to update our information; double check prices first before making any decision. Sharesies is New Zealand's first low-fee online share investing platform. US 500, Emerging M… For example, a US$2,000 purchase of shares would cost US$10 with Sharesies, US$3 with Hatch (assuming it comprises of less than 300 shares) and is free with Stake. We can't guarantee everything contained on this website will be perfect - you use the information contained on our website and all social channels at your own risk.​. If you trade Globalstar (GSAT) at 25 cents/share, a $600 trade buys 2400 shares. When you sell, you pay again. Comparing Hatch and Stake… The reason I'm asking is that I've been using InvestNow but I'm thinking of changing. Hatch vs Stake vs Sharesies Summary Sharesies offers the lowest foreign exchange fees, but depending on the value of the trade, may be the most expensive. When thinking about investing, Exchange Traded Funds are an option everyone would opt for, that is why they are very popular and give an instant diversification to your portfolio. With Stake. 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). Securities Investor Protection Corporation, will help out with the fees your existing broker charges for the move, fee to transfer shares out of Hatch depends on your new broker and fractional shares can’t be transferred, Comparing Sharesies vs Investnow vs Hatch (and more), Compare Sharesies with Hatch and Stake for US Shares, Optional $9/month for additional features such as day trading on unsettled funds, priority customer support, analyst ratings and price targets, 1% on the interbank rate, $2 minimum fee (with a minimum $10 withdrawal amount), $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. However, Stake charges regulatory fees (generated when selling shares), whereas Hatch includes them in their trading fees. Its fees are simple to follow, and we outline these below. Sharesies Review: Share trading made easy. Our values statement is simple: MoneyHub exists to give every New Zealander the information they need to make better financial decisions. quickymart. In an extreme example, if you take a punt on 'penny stock', you'd pay 1 cent/share with Hatch, which can add up if you're buying a lot of shares. NZ Shares Index Fund Portfolio Comparison. Sign up. Per Stake's founding team, 77% of their investors have bought and sold shares before, so it appears to appeal to experienced investors. Hatch vs Stake – Which is Better? Unsure still which is right for you? Stake vs Hatch (vs Sharesies) Investing. Launched in 2017 as the, Hatch was the first New Zealand-based web platform to offer easy access to US-listed stocks and ETFs. While we receive compensation when you click links to partners, they do not influence our content. Hatch vs. Sharesies vs. Investnow etc. Monique Law. Sharesies' trade fee would be 0.50% of the transaction value (and 0.10% for values over $3,000). We believe the right answer depends on your investing habits. Sharesies vs Smartshares. The information on this website does not constitute financial advice in any form. To achieve this, it now offers anybody the opportunity to invest in the NZ and US sharemarket for as little as 1 cent, through the ability to buy fractions of shares. Sharesies offers an experience very similar to Hatch and Stake, the difference being ongoing membership fees and percentage-of-trade-value based fees (vs Hatch's fixed trade etc). Hatch NZ, Investing, Stake, Stocks. The biggest competitor to Hatch is Stake - o ur Hatch vs Stake guide compares the two platforms in detail. With Hatch, the trade fee is $3. Those who want more control (i.e from order types, to trading using an app and web platform). Our values statement is simple: MoneyHub exists to give every New Zealander the information they need to make better financial decisions. to trade shares in multiple companies in big or small. And Sharesies … Passive investors can deposit small amounts when it suits, then set a timeframe and amount to invest at regular, automated intervals without paying fees. While you pay $3 per trade, the FX fee is half what Stake charges (0.50% vs 1.00% - and no $2 minimum fee) which is a significant benefit. Hatch goes a step further than Sharesies by offering direct shares in companies listed on the New York Nasdaq index, such as Apple, Tesla and Google. Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. Hatch's trade fee would be $13 ($3 + 1,000 shares X 1 cent/share). I haven't tried out Hatch yet. May 28, 2020 0 Comments 1938 Views. If you take a $10,000 position in Zynga (ZNGA), you'll hold around 1,300 shares. Stake emulates the offerings of neo-brokers like. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Hatch's trade fee would be $3. My question: Is Sharesies/Stake a better platform to invest in ETFs when compared with Smartshares? The dollar cost of an FX fee grows in proportion to your deposit, so the larger the deposit amount, the more you will be paying. Hatch offers a simple way to keep fee percentages low by allowing auto-investments into all 2,700+ companies and ETFs. If you're not already on Sharesies, you can join using my referral code below and we'll both get $5 for free! The break-even point where Hatch fees are cheaper than Sharesies is $750 and Stake is $600 in one transaction. Hatch and Sharesies both share a similar reputation when it comes to investing. By comparison, there would be. Does anyone have any thoughts on the pros and cons and what kind of investor should use which platform? My take on it: everyone knows her name and how she died, why should he get anonymity? Treat the direct comparison of $ below as incorrect (once Hatch update their pricing). It serves anyone accessing the US market with full functionality (all order types, day trading) and has over 170,000 Australian customers. 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, Existing Sharesies customers wanting exposure to a small amount of US shares, 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). ​Our priority is accurate information. Online investment opportunities have changed the dynamics of investment for individual investors. The Competition - Stake vs Hatch (and Sharesies, ASB Securities, Direct Broking, Among Others) With zero trading fees and a 1% FX fee for balance funding and withdrawing, we compare Stake to other popular platforms available in New Zealand: Share trading alternatives: Hatch - US trades incur a flat $3 per order to buy or sell up to 300 shares. We are a journalistic online resource with the aim of providing New Zealanders with the best money guides, tips and tools. Monthly fee: When it comes to Hatch, … Hatch offers a simple way to keep fee percentages low by allowing auto-investments into all 2,700+ companies and ETFs. You also get interest on your uninvested Hatch funds. 10 Top Investments for Young New Zealanders, Investing in the US Stock Market from New Zealand, Barefoot Investor-Friendly Financial Products in New Zealand. The right platform for your needs will depend on what you want to trade and which service is the most user-friendly. If you sell them again for 25 cents/share, you'll incur another $24. Both Hatch and Stake charge a deposit fee. Its fees are simple to follow, and we outline these below. Link to free stock. 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. Now wondering if Sharesies is going to be better, given I use them for NZX already. We link to other websites throughout this website, but take no responsibility for the content they publish. Hatch offers 3,500+ investing opportunities, fully supported by its Wellington team. > I understand that Stake and Hatch are owned by DriveWealth neither stake or hatch is owned by DriveWealth, they use DriveWealth, but are not owned by DriveWealth. The 1% FX fee charged by Stake, can, in some instances of low value funding, offset the benefits of the ‘$0 brokerage fee’. In this review, we discussSharesies and Hatch and help you evaluate which is better. Sharesies vs Hatch – Which Is Right For You? Hatch charges no minimum FX fees. What Happens If Your Investing Platform Shuts Down? Hatch has a simple fee structure and offers a lot more features than Stake's free-fee plan. US shares: Stake vs Hatch vs Sharesies; NZ shares: Sharesies vs InvestNow vs Smartshares; Finder is committed to editorial independence. You’ll need to be at least 16 years of age and have an NZ bank account. Compare the foreign exchange and brokerage fees between Sharesies, Stake and Hatch – services that Kiwis can use to buy shares and ETFs listed in the United States. May 9, 2020 0 Comments 1910 … Sharesies vs Hatch – Which Is Right For You? If you sell them again for $200/share, you'll incur another $3. Sharesies vs Stake vs Hatch fee calculator. Hatch does not have any minimum fee restrictions on its customers whereas stake imposes a restriction of $2 being the minimum fee. Our Stake vs Hatch vs Sharesies comparison is a good place to start. If you take a $10,000 position in Facebook (FB), you'll hold around 50 shares. We welcome your stories, tips and any feedback via. to trade shares in multiple companies in big or small. Each section takes you a small step closer to buying your first shares, so it won’t feel like a big leap when you do. If you trade Microsoft (MSFT) at $200/share, a $600 trade buys 3 shares. We welcome your stories, tips and any feedback via. Our examples below assume under 300 shares are included per transaction. Fees: Who is Cheaper - Sharesies, Hatch or Stake? Stake does charge higher FX fees (1% vs 0.50%), has minimum funding fees (i.e. he Stake app makes this effortless, and the design and functionality of Stake, in general, will encourage frequent use. The free trading feature is unrivalled by Hatch and NZX-focused Sharesies and is arguably Stake's biggest selling point. Depending on how much you deposit, if you plan to trade regularly then Stake can easily work out to be cheaper. I can't find anything written up, but maybe I've missed it. What Happens If Your Investing Platform Shuts Down? Last updated: May 6, 2020. The platform has grown in popularity, with a surge during the COVID-19 lockdown. When it comes to brokerage, the $0 commission on market orders that Stake offers can offset the extra FX costs in some cases. Hatch starts increasing its fee every time you trade more shares. They do not manage your funds – instead they act as a “middleman” between investors and Fund Managers. We link to other websites throughout this website, but take no responsibility for the content they publish. Popular Posts . By buying shares in one of these companies, you become a shareholder, and own part of the company! 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