Scalable
Why choose Scalable Capital?
Scalable Capital stands out as an attractive option thanks to its comprehensive blend of robo-advisory and brokerage services, offering flexibility for both passive and active investors. Whether you are a beginner seeking automated portfolio management or an experienced trader looking for extensive market access, Scalable Capital provides a transparent fee structure, a wide range of products, and a user-friendly platform to optimize your investment experience.
General
Highlights| Headquarters | Munich, Germany |
| Type of Broker | Digital investment platform offering ETFs, stocks, and robo-advisory services |
| Most suitable for | Passive investors and individuals seeking automated investment solutions |
| Website | scalable.capital |
Pros
- Transparent fee structure for robo-advisory services.
- Flexible subscription models for brokerage accounts.
- Access to over 7,800 stocks, ETFs, and other financial instruments.
- Regulated by a reputable financial authority (BaFin).
Cons
- Annual robo-advisory fees (0.91%) may be higher than some competitors.
- Limited payment method options (e.g., no credit/debit cards).
Fees of Scalable Capital
Scalable Capital provides a transparent fee structure. For its robo-advisory service, the total fee is approximately 0.91% per annum, which includes a 0.59% management fee, 0.16% custody trading fee, and an additional 0.16% for ETF product costs. For brokerage services, Scalable Capital offers different subscription models, including a free broker option and a PRIME+ Broker with a trading flat rate and additional features.
| US stock fee | € 0.99 |
| EU stock fee | € 0.99 |
| Inactivity fee | € 0 |
| Currency exchange fee | € 0 |
| EURUSD spread | € 0 |
| NVDA spread | € 0.06 |
| META spread | € 0.5 |
| GOOGL spread | € 0.08 |
Pros
- Transparent and all-inclusive fee structure for robo-advisory services.
- Flexible brokerage subscription models to suit different investor needs.
Cons
- The total annual fee of 0.91% for robo-advisory services may be higher compared to some competitors.
- Additional fees may apply for personalized financial advice.
Tradable Products of Scalable Capital
Scalable Capital's brokerage platform provides access to a wide range of financial instruments, including over 7,800 stocks, ETFs, funds, crypto-ETPs, derivatives, and bonds. This extensive selection allows investors to diversify their portfolios across various asset classes.
| Stocks | |
| Bonds | |
| ETF's | |
| Options | |
| Futures |
Pros
- Comprehensive range of tradable products, including traditional and alternative assets.
- Access to a vast selection of stocks and ETFs for diversified investing.
Cons
- Some products may have limited availability depending on the investor's country of residence.
- The wide array of options may be overwhelming for beginner investors.
Deposit and Withdrawal of Scalable Capital
Scalable Capital offers multiple deposit and withdrawal options, primarily through bank transfers. The platform ensures a seamless process for funding accounts and withdrawing funds.
| Minimum deposit | € 1 |
| Minimum withdrawal | € 1 |
| Deposit / withdrawal fee | $0 / $0 |
| Bank transfer | |
| Creditcard | |
| PayPal | |
| Wise | |
| Revolut | |
| iDeal |
Pros
- No fees for deposits and withdrawals, enhancing cost efficiency.
- Straightforward process for transferring funds to and from the platform.
Cons
- Limited payment methods, as options like credit/debit cards or e-wallets are not supported.
- Processing times for bank transfers may vary, potentially causing delays.
Safety of Scalable Capital
Scalable Capital is regulated by the German Federal Financial Supervisory Authority (BaFin), ensuring compliance with stringent financial regulations. Client assets are protected up to €20,000 under the German Investor Compensation Scheme, covering up to 90% of an investor’s claims.
| Top-tier regulators | German financial supervisor (BaFin). |
| Foundation date | 2014 |
| Investor protection | |
| Stock lending |
Pros
- Regulated by a reputable financial authority, providing a secure investment environment.
- Investor compensation scheme offers a level of protection for client assets.
Cons
- The compensation limit of €20,000 may be considered low compared to other jurisdictions.
- The platform is not publicly listed, and its financial information is not readily available.
Platform and Experience of Scalable Capital
Scalable Capital offers a user-friendly platform with both web and mobile applications, designed to cater to investors of varying experience levels. Features include automated investment management, personalized portfolio options, and access to a wide range of financial instruments.
| Mobile app | |
| TrustPilot score | 3.5 |
| Order types | 6 |
| Social / copy trading | |
| Auto invest | |
| Fractional shares |
Pros
- Intuitive and easy-to-navigate interface suitable for both beginners and experienced investors.
- Automated portfolio management with options for socially responsible investing.
- Comprehensive tools and resources for informed investment decisions.
Cons
- Limited availability of certain advanced trading features that may be desired by professional traders.
- Customer support has received mixed reviews, with some users reporting delayed responses.
Conclusion
Scalable Capital provides a robust platform combining automated investment management with comprehensive brokerage services. Its transparent fee structure, wide range of tradable products, and user-friendly interface make it a compelling choice for investors seeking a blend of robo-advisory and self-directed investing options. However, potential users should consider the fee levels for managed services and the limited payment methods available.
- Commission-free ETF savings plans, starting from €1.
- Flat-rate trading with the PRIME+ plan for €4.99/month.
- Interest on uninvested cash up to 2.25% p.a.
- Regulated in Germany with up to €100,000 deposit protection.