Trade shares, ETFs, crypto and derivatives without commissions. Equity and ETF savings plans are free of charge and can be invested from as little as €1.
Commission-free investing with Flat-rate trading or for €0.99 per trade in our FREE Broker.
Trade over 7,000 shares from all the world's major indices and invest in savings plans with no commission and as little as €1 savings rate.
2,000 ETFs from all available providers permanently available. Create any ETF savings plan without commission and from as little as €1.
Trade your view with over 375,000 derivatives from our PRIME derivatives partners Goldman Sachs, HSBC and onemarkets Hypovereinsbank.
Our broker is available on all platforms in all sizes: Web and App, iOS and Android. We call it limitless.
Use flexible intervals to determine the observation period for price movements. This way you keep the right perspective.
Set up price alerts and receive push notifications when your price level is reached. Always keep an eye on price movements.
Multiple trading venues
Fast access to exchange trading at unbeatable prices via gettex, or on the largest German exchange, Xetra. You decide where you want to trade.
Real-time prices and charts
Always have an eye on what's happening in the market with all the important data in real time. So that you don’t miss any opportunities.
Free securities account
Your securities are stored by Baader Bank, a German custodian bank. The securities account is free of fees.
Order placement almost around the clock
Trade between 08:00 - 22:00. Orders outside trading hours are automatically placed for you when the exchange opens.
Improve your trading using machine learning: Smart Predict helps you setting up better limit and stop orders.
Easy deposits and withdrawals
You can transfer money between your current account and broker with just two clicks. Securely via SEPA direct debit and bank transfer.
Commission-free trading in stocks, ETFs and crypto.
Set up commission-free savings plans.
You are welcome to transfer your portfolio to Scalable Broker. You can find all information here (in German).
Custody account transfers initiated by your house bank cannot be accepted. Please note that the entire process may take several weeks until the transfer is complete.
You will select an amount for your initial deposit during the registration process. This amount must be at least 1 Euro. Your available balance can be paid out in full or in part at any time. A high deposit is recommended in order to be able to start trading stocks, ETFs, and funds immediately.
The registration is completed online and only takes a few minutes. Registration via iOS or Android mobile app is also possible. Then, you complete the identification via POSTIDENT (Please note: This step is not necessary for existing customers of our wealth management product with custody account management at Baader Bank).
The account opening by the custodian bank usually takes up to three working days. As soon as your custody account has been opened and the initial deposit has been made, you can start trading.
Orders can be placed on gettex, a stock exchange of Bayrische Börse AG, or Xetra, operated by Deutsche Börse AG. In principle, neither brokerage fees nor exchange fees are charged on gettex. The public law structure guarantees the neutrality that is indispensable for safeguarding the interests of market participants, investors, and issuers.
The order fee on Xetra is a flat rate of 3.99 euros, including for customers using the PRIME Broker and PRIME Broker Flex plans. In addition to that, there is an exchange fee for Xetra. For Scalable Broker this is only 0.01 % of the executed volume (minimum 1.50 euro). The trading platform fee covers all third-party costs for trading and settlement. The settlement is carried out by the custodian bank.
An overview of all costs can be found here.
On gettex, you can usually trade ETFs, shares, and funds Monday through Friday from 8:00 a.m. to 10:00 p.m. Stock exchange holidays are excluded. You can find gettex's trading calendar here.
On Xetra, you can trade Monday through Friday from 9:00 a.m. to 5:30 p.m. Stock exchange holidays are excluded. You can find Xetra's trading calendar here.
On trading days, Scalable Broker allows orders to be placed around the clock. From 12:15 a.m. to 11:30 p.m., you can place or cancel orders in our app or online by logging in to your Scalable Capital account. Stop and limit orders created outside trading hours are executed at the next possible time during trading hours. Market orders are generally only valid for the day on which they are created. If they are created before the opening of the exchange, they are executed at the next possible time during trading hours. Market orders placed after trading closes expire.
Please note that different trading hours may apply to certain derivatives. Further information you can find in the “Key Investor Information Document” or on the providers’ websites.
gettex offers trading outside the trading hours of reference exchanges such as Xetra. You can trade ETFs, shares, and funds Monday to Friday from 8:00 a.m to 10:00 p.m. Stock exchange holidays are excluded. You can find the gettex trading calendar here.
On trading days, Scalable Broker allows orders to be placed around the clock. From 12:15 a.m. to 11:30 p.m., you can place orders in our app or online by logging in to your Scalable Capital account. Orders created outside trading hours will be executed at the next possible time during trading hours.
In principle, all ETFs, stocks, funds and krypto-ETPs that are traded on gettex or Xetra are available to you. Additionally you can trade more than 375,000 derivatives by Goldman Sachs, HSBC and HypoVereinsbank onemarkets. You can easily find out whether a security can be traded by using the search function of the broker screen in our app or online. Simply enter the name, the security identification number (WKN), or ISIN.
You can check the availability of a specific derivative with our Derivatives Search.
Buy fractional shares: You cannot buy fractional shares directly. However, with all savings plans, we will buy fractional shares of ETFs for you, so that your monthly savings rate can be fully invested. As long as the savings plan is running, these fractional shares will be reassembled into whole securities over time.
Sell fractional shares: If you want to sell an ETF that has a savings plan and therefore contains fractional shares, you can of course sell the fractional shares again without additional costs. Beyond that, no fractional shares can be sold.
Limit order: With this order a limit price can be defined. The order will only be executed at this predefined price or better. This way you can protect yourself against sudden price jumps. Due to the limit there is a possibility that the order can be executed only partially or not at all.
The limit order is valid for 360 days. During this period, it can be canceled at any time, provided that not all ordered items have been executed.
Stop order: With this order a stop price can be defined. When the stop price is reached, your order will be activated as a market order and executed at the best possible price during trading hours. Under certain circumstances, this price can deviate significantly from the stop price due to price jumps. It may happen that the order is never activated and therefore not executed.
The stop order is valid for 360 days. During this period, it can be cancelled at any time, provided that not all ordered items have been executed.
Stop limit order: As a combination of the two preceding order types, with this order both a limit and a stop price are specified. When the stop price is reached, your order will be activated as a limit order and then executed only at the limit price or better. This way you can protect yourself against sudden price jumps. On the other hand, it may happen that the order can only be partially executed or not at all.
The stop limit order is valid for 360 days. During this period, it can be cancelled at any time, provided that not all ordered items have been executed.
Market order: Is only offered for sell orders. For buy orders for which no limit price is defined (see above), a security limit is automatically set (max. 5% above the last ask price). This protects you against significant price jumps when buying.
Sell orders can also be placed as market orders. In this case, the order is executed at the next possible price during trading hours. Due to price jumps, this may differ significantly from the last price at the time the order was placed. The market order is only valid for the trading day on which it was placed.
All savings plans are free of order fees. This applies to all our pricing plans.
To suspend a savings plan, click on the desired ETF or stock.
On the overview page of the ETF or the share, click on the displayed savings plan, e.g. "50 euros monthly".
If you are in the mobile app, your savings plan will be displayed below the chart, in the desktop version you will find it at the top right.
Click on "Delete savings plan" here to deactivate the savings plan. A very short-term deactivation of a savings plan may no longer be processed. Of course, you can reset the savings plan at any time.
Yes. If you are liable to pay tax in Germany, you will receive an annual tax certificate for your securities account and your clearing account. This will be provided to you electronically in the spring of the following year. You will find it in your mailbox in our app or online by logging in to your Scalable Capital account.
To set up or change your tax allowance, please log into your Scalable Capital account on our app or online and go to "Profile" In the "Taxes" section, you can set up or change your tax allowance.
The tax allowance applies at bank level. This means that, for example, if you have a wealth management account with us that has custody account management at Baader Bank, the tax allowance that you set up for this also applies to Scalable Broker.
You have the choice between three plans:
In FREE Broker, order fees of 0.99 euros are charged for each executed trade. You can trade all ETFs from our PRIME partners DWS Xtrackers, Invesco and iShares free of order fees for trades with an order size of 250 euros or more. All savings plans are free of order fees, whether on ETFs, stocks or crypto. Crypto ETPs are additionally subject to a spread surcharge in trading and savings plans.
For only 2.99 euros per month (billed annually at 35.88 euros) you get, in addition to fee-free savings plans on stocks, ETFs and other exchange-traded products (ETP), unlimited trades without order fees from 250 euros order volume (Xetra trades excluded). Trades below 250 euros cost 0.99 euros on gettex. Crypto ETPs are additionally subject to the spread surcharge in trading and savings plan.
You can cancel PRIME Broker at any time or switch to another model.
PRIME Broker flex: With PRIME Broker flex, you enjoy all the benefits of the PRIME Broker with a flexible monthly payment at just 4.99 euros per month.
Regardless of the model you choose
For order executions via the Xetra exchange, all customers incur a fee of 3.99 euros per trade plus a trading venue fee (0.01% of the order volume, min. 1.50 euros).
Spread surcharge (Crypto ETPs):
In addition to the above fees, the spread surcharge applies for each execution of a savings plan or trade in a Crypto ETP. This amounts to 0.99 % of the executed savings plan or order volume for FREE Broker customers or 0.69 % of the executed savings plan or order volume for PRIME Broker and PRIME Broker flex customers.
There are no additional costs such as custody account fees, flat-rate third-party fees, or issue surcharges. It is also possible to switch between the price models at any time: To do so, go to the "Profile" tab of your broker. Under "Products" you will find the option to change your broker plan at any time.
Please note: There is a reference in the customer documents to an administration fee of 0.75 % p.a. This refers exclusively to our separate product, "wealth management." If you only use our broker, this fee is not relevant for you.
No. There are no additional costs apart from the above-mentioned costs in FREE Broker, PRIME Broker, and PRIME Broker Flex, such as custody account fees, flat-rate third-party fees, or issue surcharges.