Foreign Exchange at Scalable Capital

Trading currencies made easy

Invest in the global currency market with a wide selection of currency ETPs in the Scalable Broker.

There are risks associated with investing.

Header Forex EN

What is Foreign Exchange?

Foreign Exchange, also known as Forex or FX, is the exchange of one currency for another.
It is the largest and most liquid market in the world.

Trading currencies - this is how it works

Especially the common currencies are often exchanged against each other - these include the Euro, US Dollar and Japanese Yen. In the Scalable Broker you can trade these and other currencies easily in three steps:

Asset Forex Steps EN D,T

Expand your portfolio with global currency ETPs

Discover a wide range of currency ETPs and trade without limits at a flat rate with the PRIME Broker.

WisdomTree Long USD Short EUR

ISIN

JE00B3RNTN80

WKN

A1EKY1

TER

0,39 % p.a.

Buy now

Not a customer yet? Open an account

WisdomTree Long CHF Short EUR

ISIN

JE00B3MR2Q90

WKN

A1BEGH

TER

0,39 % p.a.

Buy now

Not a customer yet? Open an account

WisdomTree Long USD Short GBP

ISIN

JE00B3WPFZ34

WKN

A1E3G3

TER

0,39 % p.a.

Buy now

Not a customer yet? Open an account

Investing through ETPs

For a long time, foreign exchange markets were reserved for investors with a lot of experience. Currency ETPs now offer a simpler investment solution: they provide a cost-effective way to participate in the performance of various currencies. ETPs are products that track the performance of a currency pair and are traded on regulated markets.

What are the advantages of investing in currencies through ETPs?

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Availability: Currency ETPs are traded on the stock exchange. This means they can be traded at any time during trading hours.

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Costs: Investing in currencies through ETPs is generally cost-effective. Since investors no longer have to buy individual currencies, but instead acquire currency pairs via a corresponding ETP, they can benefit from low fees (TER).

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Diversification: With currency ETPs, different currencies can be included in an ETF portfolio in a simple, transparent and cost-effective way.

Frequently asked questions

What are the costs of buying Forex products?
 

You have the choice between three plans:

FREE Broker:
All savings plans on shares, ETFs and other exchange-traded products (ETP) as well as buys with an order volume of 250 euros or more in all products of our PRIME partners Invesco, iShares by BlackRock and DWS Xtrackers (Xetra trades excluded) are free of charge1. For all other trades on gettex, order fees of 0.99 euros apply1. For sales of PRIME ETFs, fees of 0.99 euros are charged in the FREE Broker1.

PRIME Broker:
For 2.99 euros per month (billed annually at 35.88 euros), in addition to savings plans without order fees on shares, ETFs and other exchange-traded products (ETP), you receive an unlimited number of trades on gettex without order fees from 250 euros order volume1. Trades below 250 euros cost 0.99 euros on gettex1. With the PRIME Broker, Crypto ETPs are subject to a reduced spread surcharge (see below) in trading and in the savings plan. You also receive better conditions for real-time payment with Instant (0.69 %). You can also create as many portfolio groups and price alerts as you wish.

PRIME+ Broker:
With PRIME+ Broker, you enjoy all the benefits of PRIME Broker with flexible monthly payments of just 4.99 euros per month, plus interest on uninvested balances up to 100,000 euros on your clearing account (2.3 % interest p.a. up to and including August 2, 2023 and 2.6 % p.a. thereafter)2.

You can change to another broker plan at any time free of charge. View all fees per price model.

1 PRIME Broker / PRIME+ Broker: 0 euros for trades from 250 euros volume, below 0.99 euros.
FREE Broker: 0 euros for purchases of PRIME ETFs (all ETFs from Invesco, iShares, Xtrackers) from 250 euros volume, 0.99 euros for other trades.
All broker plans: 0 euros for savings plan executions. Product costs, spreads, inducements and crypto fees may apply. Learn more.

2 Conditions apply scalable.capital/interest

How can I invest in Forex products?
 

Simply register or log in to the Scalable Broker and select the desired products in the securities search.

Which currency pairs are traded the most?
 

Especially globally relevant currencies are often traded against each other. The most traded currency pairs are mainly EUR/USD (Euro/US Dollar), USD/JPY (US Dollar/Japanese Yen) and GBP/USD (British Pound/US Dollar).

What are the advantages of investing in foreign exchange?
 

1. Diversification
By investing in foreign currencies, you can spread your risk across different markets and currencies, reducing your dependence on any particular currency or market.

2. Risk management
Currencies fluctuate in value and therefore provide an opportunity for trading. In addition, you can use foreign exchange to manage the risk of currency fluctuations or to hedge against inflation. Example: If investors from the USA expect political risks or strong inflation in their own country, they can hedge by placing a forex trade from US Dollar against Euro.

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