Scalable Broker
Simply invest by yourself
With 2.3% interest p.a. on your cash, commission-free savings plans and the trading flat rate in the PRIME+ Broker.
There are risks associated with investing.
Interest: Starting 01/02/2023 for PRIME+. Cash account at Baader Bank AG. Variable rate up to €100,000. Learn more.
600,000+ build their wealth |
 |
+ €10 bn. in client assets |
|
Top-rated app |
|
Security Custody of securities with |
All in one broker
Interest.
Earn 2.3% p.a. interest on cash up to €100,000
- in the PRIME+ Broker with trading flat rate.
Savings plans.
Start with as little as €1 in savings and invest in ETFs, stocks, crypto and funds without commissions.
Crypto.
Trade Bitcoin, Ethereum and other cryptocurrencies via regulated exchanges.
Determine your
financial future yourself
 |
Commission-free savings plans - For ETFs, stocks, funds and crypto |
|
Trade as you like - Without fixed fees in FREE or with a trading flat rate in PRIME or PRIME+. Via app or web. |
|
Put your cash to work - Earn 2.3% interest on up to €100,000 in PRIME+. |
The perfect fit: Your goals and your broker.
2.3% interest + trading flat rate
 |
Trading without order fees |
|
All savings plans commission-free |
|
Unlimited price alerts |
|
Unlimited portfolio groups |
|
2.3% interest on cash up to €100,000 |
|
Trading without order fees |
|
All savings plans commission-free |
|
Unlimited |
|
Unlimited |
Get started
in 3 steps
Investing made easy
– via app and web
Investing yourself
is not for you?
With Scalable Wealth, we do the investing for you. Invest simply, automatically and cost-effectively.
Flat rate Broker
Commission-free trading in stocks, ETFs and crypto.
Set up commission-free savings plans.
There are risks associated with investing.
Frequently asked questions
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 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.
In principle, all ETFs, stocks, funds and crypto 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 also buy registered shares via Scalable Broker. The custodian Baader Bank will take care of the registration for you. You will not incur any costs for the registration performed by Baader Bank.
You can trade more than 375,000 derivatives in Scalable Broker. You can choose between derivatives by Goldman Sachs, HSBC or HypoVereinsbank onemarkets. To be able to trade derivatives, you have to successfully conduct the suitability test. This test is designed to assess your knowledge and experience with regards to derivatives. This is required since trading in derivatives can result in high and quick losses.You can check the availability of a specific derivative with our Derivatives Search.
In the Scalable Capital Broker you have various financial products at your disposal with which you can invest in the gold market. For example, you can invest in ETCs that invest in physical gold.
In the Scalable Broker, clients in Germany are able to trade fixed-income bonds as well. The offer starts with a bond from Goldman Sachs and will be expanded in the future. The currently available products can be found here at any time.
Additionally, all ETFs, shares, and funds that are traded on the gettex exchange are available to you.
New initial public offerings (IPOs) cannot currently be subscribed to via Scalable Broker.
You cannot buy fractions directly. However, with all savings plans we also buy fractions of ETFs for you so that your monthly savings amount can be fully invested. As long as the savings plan is running, these fractions are repeatedly combined to form whole number securities.
If you want to sell an ETF that has been saved and therefore contains fractions, you can of course also sell the resulting fractions again. Beyond that, no fractions 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.
Please note: If you enter both a stop and a limit price in the order screen, this does not constitute an OCO order. The Scalable Broker does not currently offer a One-Cancels-the-Other ("OCO") order.
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.
Directly after a security purchase, you can also create automatic orders with which you can realise potential profits or limit losses:
Take-profit order: The take-profit order can be created directly after a security purchase. It is a limit order where you set a price above the buy price at which a security is automatically sold. The aim is to realise potential profits before the price falls again.
Stop-loss order: A stop-loss order can be created after a security has been bought. With a stop-loss order, you set a price below the purchase price, which may be reached or fallen below at the maximum. If this occurs, a sell order is triggered. With a stop-loss order, you can determine the maximum loss you can make with a security. This allows you to limit the risk of larger losses to a certain degree.
To adjust a savings plan, click on the security with the savings plan that you want to adjust. On the overview page of the security, click on the current savings plan displayed below the chart (in the app) or on the top right of the screen (in the web browser). Change your desired amount, execution date, frequency and inflation protection and click on "Set up savings plan" to confirm.
To adjust the execution date and frequency of a savings plan, click on the security with the savings plan that you want to adjust. On the overview page of the security, click on the current savings plan displayed below the chart (in the app) or on the top right of the screen (in the web browser). Change the execution date and frequency, and click on "Set up savings plan" to confirm.
To suspend a savings plan, click on the desired security.
On the overview page of the security, 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.
To add inflation protection, click on the security with the savings plan that you want to adjust. On the overview page of the security, click on the current savings plan displayed below the chart (in the app) or on the top right of the screen (in the web browser). Add a percentage value by which the savings plan rate should increase over time and click on "Set up savings plan" to confirm.
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.
With an exemption order, you instruct your bank to exempt accruing investment income from automatic tax deduction. Without this order, the bank will pay 25% capital gains tax as well as 5.5% solidarity surcharge and, if applicable, church tax to the tax office.
From 2023, the statutory maximum limits for an exemption order of an individual will be increased to 1.000 euros and 2.000 euros for joint exemption order of a married couple or registered partner.
To set up or change an exemption order, please log into your personal customer area on our website and open the "Profile" menu item. In the "Taxes" section, you can set up or change your exemption order.
The exemption order applies at bank level. So, for example, if you have asset management with us with custody account management at Baader Bank, the exemption order set up for this also applies to Scalable Broker.
Please submit your exemption order before the end of the current year. Exemption orders are always valid from 1 January of the current year or from the beginning of the business relationship.
You have the choice between three plans:
FREE Broker:
All savings plans on shares, ETFs and other exchange-traded products (ETP) as well as trades 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 charge. For all other trades on gettex, order fees of 0.99 euros apply. Crypto ETPs are additionally subject to the spread surcharge (see below) in trading and in the savings plan.
PRIME Broker:
For only 2.99 euros per month (billed annually at 35.88 euros), in addition to fee-free savings plans 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 volume. Trades below 250 euros cost 0.99 euros on gettex. 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:
In the PRIME+ Broker, you enjoy all the benefits of the PRIME Broker with flexible monthly payments at only 4.99 euros per month and also benefit from 2.3 % interest p.a.* on uninvested cash in your clearing account.
You can switch to another broker model at any time free of charge. You can find all fees per price model here.
Regardless of the model you choose
gettex trades:
All trades on gettex below 250 Euros are charged with 0.99 Euros. This applies to all our broker plans.
Xetra trades:
For order executions via the Xetra exchange, all clients incur a fee of 3.99 euros per trade plus a trading venue fee (0.01% of the order volume, min. 1.50 euros), regardless of the pricing model. The latter covers all third-party costs for trading and settlement. Partial executions are not charged more than once.
Crypto spread surcharge:
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 clients or 0.69 % of the executed savings plan or order volume for PRIME Broker and PRIME Broker flex clients.
Any spread surcharges incurred will be displayed to you under "Cost information" prior to the placement of trading orders or when setting up or changing a savings plan.
Product costs for crypto ETPs
Ongoing product costs are incurred for trading in crypto ETPs.
Real-time payments via Instant:
Real-time payments via Instant cost 0.99% in the FREE Broker model, and only 0.69% of the deposit amount in PRIME Broker and PRIME Broker flex. The following applies to every deposit: From 5,000 euros, every additional euro is free of charge.
Derivatives
In PRIME Broker and PRIME Broker flex, derivatives trading is included and trades are executed without additional fees from 250 euros order volume.
In the FREE Broker, a fee of 0.99 euros per trade is charged for derivatives trading.
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.
Here you will find a list of all possible fees of the Scalable Broker by model.
*Conditions apply scalable.capital/interest
Sign up directly via the app
There are risks associated with investing. The value of your investment may fall or rise. Losses of the capital invested may occur. Past performance, simulations or forecasts are not a reliable indicator of future performance. Please refer to our risk information.
Interest: Starting 01/02/2023 for PRIME+. Cash account at Baader Bank AG. Variable rate up to €100,000. Learn more.
Follow us
|
|
|
|
|
|
INFORMATION
Scalable Capital GmbH
Seitzstraße 8e, 80538 Munich | Legal information
Responsible supervision: BaFin, Deutsche Bundesbank
Copyright © Scalable Capital GmbH | All rights reserved.
