Scalable Capital Review

Scalable Capital is one of Germany’s largest digital investment platforms, offering a low-cost broker, automated wealth management and high interest on cash balances. The service targets both active investors and beginners through simple pricing, a wide asset selection and a streamlined app-first experience.

With trading from €0.99, savings plans from €1 and 2% interest p.a. on cash (depending on plan), Scalable Capital positions itself as a flexible all-in-one solution for long-term investing, ETF savings plans and low-cost trading. The platform is fully regulated in Germany and operates its own banking entity, giving users deposit protection and additional safeguards.

Key Strengths

• 2 percent interest p.a. on cash depending on the plan, with coverage through Scalable Capital Bank and partner banks.
• Low-cost trading with €0.99 trades and zero-fee savings plans on stocks, ETFs and ETPs.
• Large asset selection including 8,000+ stocks, 2,700+ ETFs, 625,000+ derivatives, crypto ETPs, bonds and commodities.
• Simple, intuitive platforms across mobile and web with strong automation features for savings plans.
• Flexible pricing models (FREE and PRIME+) with the ability to switch plans at any time.

Weaknesses

• Trades under €250 still cost €0.99, even in PRIME+, unless they qualify as PRIME ETF purchases.
• Crypto trading only via ETPs, not direct spot crypto like some competitors offer.
• Limited stock exchange choice, focused on the European Investor Exchange, gettex and Xetra.
• No fractional share buying, except through automated savings plans.
• Advanced order types missing, including OCO orders.

Trading Costs

Scalable Capital uses a simple fee structure built around two broker models: FREE and PRIME+. Both models offer free savings plans on ETFs, stocks and ETPs, while regular trades on gettex and the European Investor Exchange cost €0.99 when the order size is below €250. PRIME+ removes order fees for all trades from €250 and reduces the crypto spread. Xetra orders have a fixed fee regardless of plan.

There are no custody fees, no account maintenance charges and no hidden third-party flat fees. Instant deposits carry a percentage fee depending on the model.

Fee Type	FREE Broker	PRIME+ Broker
Monthly fee	€0	€4.99
Trades ≥ €250 (gettex / E.I.E.)	€0 for PRIME ETFs, otherwise €0.99	€0
Trades < €250 (gettex / E.I.E.)	€0.99	€0.99
Xetra trades	€3.99 + 0.01 percent venue fee (min. €1.50)	Same as FREE
Savings plans	€0	€0
Crypto ETP spread	0.99 percent	0.69 percent
Instant deposits	0.99 percent (above €5,000 free)	0.69 percent (above €5,000 free)
Custody / account fees	None	None

Available Assets

Scalable Capital offers one of the broadest product ranges among German online brokers. The platform covers traditional securities, ETF savings plans, derivatives, crypto ETPs and alternative assets, making it suitable for both passive investors and active traders.

Stocks

Scalable Capital provides access to more than 8,000 stocks from major global markets. Investors can trade individual shares or set up savings plans on over 3,000 stocks. Coverage spans large indices such as DAX, NASDAQ, S&P 500, STOXX and international blue chips.

ETFs

The broker includes over 2,700 ETFs from all major issuers including iShares, Xtrackers, Amundi and Vanguard. ETF savings plans start from €1 and support fractional units through automated accumulation.

Funds

More than 3,800 mutual funds can be traded without any initial sales charge. Most funds are available through gettex and the European Investor Exchange.

Derivatives

Scalable offers over 625,000 derivatives, including options, warrants, turbos and structured products from providers like Goldman Sachs, BNP Paribas, HSBC and UniCredit’s onemarkets.

Crypto ETPs

Crypto exposure is available through regulated crypto ETPs (no direct spot trading). Supported assets include Bitcoin, Ethereum and other large-cap cryptocurrencies. Pricing depends on the broker plan (0.99 percent or 0.69 percent spread).

Bonds

The platform supports a wide range of fixed-income securities including corporate and government bonds. Users can trade individual bonds or add bond ETFs to diversify interest-rate exposure.

Foreign Exchange (FX)

Scalable allows trading in different currency pairs through FX-related ETPs and structured products.

Commodities

Commodities are available via commodity ETPs, covering precious metals like gold and silver, as well as broader commodity baskets. Savings plans from €1 are supported for selected products.

Private Equity (ELTIFs)

Scalable also provides access to private markets via ELTIFs (European Long-Term Investment Funds), giving retail investors exposure to private equity and alternative portfolios.

Platform & Usability

Scalable Capital focuses on a streamlined, modern trading experience built around automation, clarity and low friction. The interface is consistent across devices, making it easy to manage portfolios, adjust savings plans, monitor performance and place trades with minimal steps. Both platforms are designed for beginners but include enough depth for frequent traders who value simplicity.

Mobile App

The mobile app delivers a clean, fast interface optimised for day-to-day investing. Users can set up savings plans, receive price alerts, monitor watchlists and place trades within a few taps. Real-time portfolio insights, order history, tax documents and cash distribution details are easily accessible. Automated functions like recurring deposits and inflation-adjusted savings plans are fully integrated. Trading executions use the same venues as the web platform, and biometric login adds convenience for regular users.

Web Platform

The web platform offers a more detailed view suited for portfolio management and research. Charts, key figures, index comparisons and historical performance data are presented in a simple layout. Users can create, modify and delete savings plans, adjust tax allowances, initiate portfolio transfers and view account statements. The order mask provides clear visibility of fees, spreads and expected execution venues. The platform is built to minimise complexity while retaining the core tools most retail investors need.

Regulation & Safety

Scalable Capital operates under strict German and European financial regulations. The company holds a full banking licence through Scalable Capital Bank, which places client assets under the supervision of German authorities and EU-level investor protections. Securities are safeguarded in segregated accounts, and cash holdings benefit from statutory deposit insurance of up to €100,000 per client per bank.

All crypto exposure is offered via regulated ETPs rather than direct holdings, ensuring compliance with European product standards. Partner banks and qualifying money market funds are selected and monitored through ongoing due-diligence processes, with cash distributed across institutions to optimise protection limits. The platform uses standard security measures such as strong encryption, multi-factor authentication and controlled access to personal data. Scalable Capital is required to follow MiFID II rules on client categorisation, best execution, cost transparency and risk disclosure.

Who Should Use Scalable Capital

Scalable Capital is well-suited for investors who want a low-cost, easy-to-use brokerage with strong automation tools and broad asset coverage. The platform fits beginners who rely on ETF savings plans, experienced traders looking for simple execution on German trading venues and long-term investors who want to combine hands-off portfolio management with self-directed trading.

The service is also a good match for users who hold larger cash balances, as the 2 percent interest rate in PRIME+ can be attractive compared to traditional bank accounts. Families and younger investors benefit from the children’s account options, while those who prefer predictable pricing can rely on the flat-rate PRIME+ model. Investors who require deep market analytics, advanced order types or multi-exchange routing might find the platform too streamlined, but for most retail users the balance of cost, simplicity and product range is strong.