The Stake app is available on desktop and mobile. Both are clean and easy to use.
Firstly, you can create a watchlist of stocks and ETFs to keep an eye on, as well as track the main market sentiment in the ‘US Markets’ tab.
Then, if you are looking for the next hot stock, you can see what’s trending under the ‘search’ function.
On the negative side, your stocks are presented in a table format. Personally, I would have like to have seen a chart showing your investments and performance. However, if you are using Stake for day trading, then the table view is probably favourable.
One bugbear for me is that when you go to sell a stock, it defaults to ‘limit orders’. This is great if you want to sell a stock at a set price, however, most of the time I personally use ‘market orders’. So for me, the default means an extra click when selling. Though again, if you are day-trading, then you will probably disagree.
Unfortunately, Stake has received negative reviews from the independent review site Trustpilot. Users rated it just 2.2 out of 5. Elsewhere, ratings on the App Store are slightly higher, but only at 3.2.
By comparison, Andriod users rate Stake highly at 4.3 out of 5. Therefore, this makes the app a little tricky to place against the competition.