Munich, December 10th, 2024 - Scalable Capital sets new standards for private investing: A broker, digital wealth management and loan offerings are seamlessly integrated into a newly developed technology platform. Investors can now open securities accounts directly with Scalable Capital. Clients benefit from the best conditions for trading, additional strategies in digital wealth management and a new stock exchange.

European Investor Exchange, the newest stock exchange for retail investors in Europe

Scalable Capital launches Europe's newest stock exchange: the European Investor Exchange (EIX) specifically tailored to the needs of retail investors. EIX is jointly operated with the Börse Hannover (Hanover Stock Exchange) – an entity under the holding company BÖAG Börsen AG. Scalable Capital provides the technology and also liquidity for trading. Hanover stock exchange is responsible for the oversight and trading supervision according to the German stock exchange act. Broker clients with the new Scalable securities account have immediate access to trading on EIX.

New features for clients

This makes the unrivaled trading flat rate in the PRIME+ Broker for €4.99 per month even more attractive. It now comprises unlimited trading on EIX in addition to gettex (Munich stock exchange). This is also facilitated by the recently agreed multi-year cooperation between Scalable Capital and the current custodian bank Baader Bank AG, who is a market maker at the Munich stock exchange for stocks, funds, ETPs and bonds. The Broker is complemented with flexible savings plans starting at €1 into more than 2,500 ETFs as well as the possibility to trade on XETRA (Deutsche Börse) at the unchanged competitive conditions. The digital wealth management Scalable Wealth has been enhanced with two new strategies: World Classic plus Gold and Value & Dividend.

“Our aim is to always provide the best access to capital markets for private investing. This includes savings plans starting at just €1, a wide selection of ETFs, stocks and crypto as well as our digital wealth management service for those who want their money to be professionally managed. Long-term wealth creation for our clients aligns well with our sustainable growth,” says Erik Podzuweit, Founder and Co-CEO of Scalable Capital.

Cash balances are safeguarded in accounts with partner banks and in money market funds. Deutsche Bank, J.P. Morgan Asset Management, DWS and BlackRock are included from the start. 3.25% p. a. interest (variable) is passed on to investors for Broker cash balances of up to €500,000 in the PRIME+ Broker and up to €50,000 in the FREE Broker. In addition to providing securities custody, Scalable Capital has applied for authorisation to also accept client deposits itself in the future.

Unified technology platform

New clients in all European markets in which Scalable Capital operates can open a broker account with Scalable Capital and start trading via EIX immediately. The new platform will also be made available to existing clients. There will be a transfer service in 2025.

The investment services are provided on the firm’s new proprietary and completely purpose-built platform: “With our fully vertically integrated platform we are taking trading, clearing, settlement and custody into our own hands." says Florian Prucker, Founder and Co-CEO of Scalable Capital. “An integration of this magnitude is unparalleled in Europe. Our new platform is the foundation for many enhancements and scalable growth.”