Stake, which was built and launched in Australia, lets users buy and sell more than 3,500 US stocks and ETFs.

Matt Leibowitz, chief executive and founder of Stake, said: “While the UK offers a lot of opportunity, for investors who want to trade the biggest companies in the world – the likes of Amazon, Google or Tesla – you have to trade in the US.”

According to a Bitcoin Profit report, the company claims to have more than 50,000 customers already and users can trade with a minimum of £100.

The basic ‘starter’ package, which offers unlimited free trades, is free to use while the top tier package, available to users with $30,000 or more in their Stake accounts, costs $19 a month.

Stake also charges an FX fee of 0.5% when a user moves money and it is converted into US dollars.

Stake is regulated by the Financial Conduct Authority and deposits of up to £85,000 per individual are protected under the Financial Services Compensation Scheme. In addition, US deposits of up to $500,000 are protected under SIPC, a similar scheme to FSCS.