New: Transparent overview of the available credit balance in the Scalable Broker

October 28, 2021  |  Scalable Capital
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Available credit clearly and transparently displayed - now in the Scalable Broker.

The new overview in the Scalable Broker shows you how much credit is available to you for investments as well as withdrawals. To access the overview, click on your balance on the overview page of your portfolio.
With the detailed balance overview, you can now easily see, at a glance, how much money you have in your securities account that can be used for securities purchases. This is also practical to see whether the proceeds of executed sales can already be used for purchases or paid out.

This is because proceeds from sales are only available as a credit balance immediately after the sale, minus a safety margin for any taxes. After booking, the full sales proceeds are then available to you on the following day.

However, sales proceeds are only available for payment after two trading days, when the trades have been booked by the custodian bank (so-called settlement). By means of the overview, you can now easily find out whether you can already reinvest the proceeds or have them paid out.

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Author Scalable Capital
Scalable Capital
Digital wealth management & broker with flat rate
Scalable Capital is a leading fintech in Europe that brings people and technology-based investing together. Scalable Capital offers digital wealth management and a broker with a trading flat rate. In digital wealth management, the company creates and manages globally diversified ETF portfolios for its customers with, if desired, sustainable investment strategies. The broker enables customers to trade shares, ETFs, cryptocurrencies, funds and derivatives themselves and to conclude savings plans.