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Freedom24 Review 2024

<article>
<h2>Freedom24 Review</h2>
<p>Freedom24 is a licensed EU-based online broker that offers investments in 40,000 stocks and 1,500 ETFs from major exchanges in Europe, Asia, and the USA. What's unique about Freedom24 is the option to purchase stocks and benefit from its savings account that generates 3% APY. Should you consider trading on Freedom24? Find out more about the brokers' services in our Freedom24 review.</p>
<img class="lazy" src="https://p2pgallery.s3.eu-central-1.amazonaws.com/EN/freedom24-broker-review.webp" border="0" alt="freedom24 review" width="auto" height="auto" loading="lazy" />
<h2>What Is Freedom24?</h2>
<p>Freedom Holding Corp, a Nasdaq-listed company, proudly boasts its European subsidiary Freedom24. The broker is run by Freedom Finance Europe Ltd., which the Cyprus Securities and Exchange Commission regulates.</p>
<p>The broker must also report to the German BaFin and the SEC in the U.S. Freedom24 offers various features that enable you to invest in stocks, ETFs from exchanges such as NASDAQ, NYSE, CME, HKEX, Euronext, LSE, Deutsche B&ouml;rse, and more. The online broker is mainly known for its option to invest in stocks.</p>
<h2>Pros And Cons Of Freedom24</h2>
<p>As with any online broker, there are pros and cons that you should be aware of.</p>
<div class="pros">
<h3>Pros</h3>
<p>&nbsp;</p>
<ul>
<li>3% interest on uninvested funds in USD</li>
<li>0% commission for the first 30 days</li>
<li>200&euro; bonus when transferring stocks to Freedom24 from another European broker</li>
<li>Stocks from 15 large US, European and Asian exchanges</li>
<li>Quick account opening and verification in less than 15 minutes</li>
<li>Decent customer support</li>
</ul>
</div>
<div class="cons">
<h3>Cons</h3>
<ul>
<li>No savings plans</li>
<li>No option to buy fractional shares</li>
<li>&euro;7 withdrawal fees</li>
</ul>
</div>
<h3>Who Is Freedom24 Suitable For?</h3>
<p>Freedom24 is a suitable broker for active traders that enjoy having access to multiple exchanges from just one trading account. The online broker offers over 1,000,000 stocks, ETFs, options, and futures, enabling you to trade a much larger pool of financial instruments than on other European trading platforms.</p>
<p class="question">Are ready to to invest in stocks with Freedom24?</p>
<button class="redirect external_link_button promo" value="freedom24">Register Now</button>
<div class="tips-box">
<h3>Availability of Freedom24's Services</h3>
<p>You can register on Freedom24 and trade securities if you are residing in one of the following countries: Austria, Belarus, Belgium, Bulgaria, Switzerland, Czech Republic, Germany, Denmark, Estonia, Spain, Finland, France, United Kingdom, Greece, Croatia, Hungary, Ireland, Iceland, Italy, Liechtenstein, Lithuania, Luxembourg, Latvia, Malta, Netherlands, Norway, Poland, Portugal, Qatar, Romania, Sweden, Slovenia, Slovakia, Thailand, UAE.</p>
</div>
<h2>Freedom24 Fees</h2>
<p>Before investing on Freedom24, knowing the fees associated with each plan is essential, as they can affect your profitability.</p>
<table class="comparison5">
<tbody>
<tr>
<th>Fee</th>
<th>All inclusive in USD</th>
<th>Smart in EUR</th>
<th>Fix in EUR</th>
<th>Super in EUR</th>
</tr>
<tr>
<td><strong>Monthly fee</strong></td>
<td>&euro;0</td>
<td>&euro;0</td>
<td>&euro;10</td>
<td>&euro;200</td>
</tr>
<tr>
<td><strong>Commission per share</strong></td>
<td>0.5% + 0.012$</td>
<td>0.02&euro;</td>
<td>0.012&euro;</td>
<td>0.008&euro;</td>
</tr>
<tr>
<td><strong>Min. fee per order</strong></td>
<td>1.2$</td>
<td>2&euro;</td>
<td>1.2&euro;</td>
<td>1.2&euro;</td>
</tr>
<tr>
<td><strong>Fee for USA Stock Options</strong></td>
<td>0.65$</td>
<td>0.65&euro;</td>
<td>0.65&euro;</td>
<td>0.65&euro;</td>
</tr>
</tbody>
</table>
<div class="checklist-box">
<h3>&euro;0 Fees For Europeans</h3>
<p>Every newly registered investor can enjoy the trading platform commission free for 30 days. You can test the broker without paying commissions and trading fees. Note, however, that a commission of &euro;0.02 will be for trades in stocks worth less than $1.</p>
</div>
<p>Freedom24 offers four different trading plans that differ in services and trading fees.</p>
<p>"Smart in EUR" is the most suitable plan for less active traders that trade lower volumes. There is no monthly cost for this plan. The company charges &euro;0.02 commission per share and a trading fee of &euro;2 per order. Additionally, you will be charged &euro;0.65 per contract when trading US stock options.</p>
<p>If you are more active, the "Fix in EUR" plan for &euro;10 a month might be worth it. The commission per share drops to &euro;0.012, and the trading fee decreases to &euro;1.2 per order.</p>
<p>You will also be charged<strong> &euro;7 per withdrawal fee</strong>. The broker also has an extensive list of prices for extraordinary services such as OTC trading. You can review the costs <a href="https://freedomfinance.eu/upload/docs/2022/Appendix_11_to_General_Rules_(FEES_Schedule).pdf" target="_blank" rel="noopener noreferrer nofollow">here</a>.</p>
<h2>Savings Account</h2>
<p>Like Scalable Capital and <a href="https://p2pempire.com/en/trade-republic-review">Trade Republic</a>, Freedom24 also offers a savings account for its clients. The trading platform called this feature "D-account".</p>
<img class="lazy" src="https://p2pgallery.s3.eu-central-1.amazonaws.com/EN/freedom24-savings-account.webp" border="0" alt="feedom24 interest rate" width="auto" height="auto" loading="lazy" />
<p>Any funds assigned to this savings account cannot be traded. Freedom24 offers a 3% annual interest rate on uninvested funds without any upper limit. To earn a yield on Freedom24, you must have at least $120 in your D-account.</p>
<p>The "D-account" is automatically available for all newly registered investors who opened a trading account.</p>
<p>The benefit of the savings account from Freedom24 is that the interest is accrued daily, which isn't the case with other online brokers that offer a savings feature.</p>
<p>The funds from the D-account are being invested according to your order in OTC swap transactions.</p>
<h2>Exchanges And Trading Hours</h2>
<p>Freedom24 gives you access to US, European, and Asian stock exchanges. You can always trade securities during trading hours, which you will find on the platform.</p>
<p>The trading hours depend on the exchange where you make the trade. You cannot trade stocks when the exchange is closed.</p>
<p>Freedom24 supports the market, limit, stop loss and take profit orders.</p>
<h2>Is Freedom24 Safe?</h2>
<p>When trading stocks on any broker, you should understand how the platform is regulated and how they protect your securities.</p>
<p>When buying stocks on Freedom24, they will be held with a custodian.</p>
<div class="checklist-box">
<ul>
<li>For stocks purchased at U.S. exchanges, they will be allocated to the custody of Vision Financial Markets LLC.</li>
<li>For stocks purchased at exchanges in the EU, they will be allocated to the custody of Euroclear Bank, headquartered in Brussels, Belgium.</li>
</ul>
</div>
<p>Freedom24 is a brand of Freedom Holding Corp. founded in 2008 and employed 2,500 employees in 103 offices worldwide. The company manages more than $523 M of assets.</p>
<p>Freedom Holding Corp. is listing its stocks on NASDAQ. Furthermore, Freedom Finance Europe Ltd is compliant with the MiFID II and regulated by the CySEC, the BaFin, and the SEC.</p>
<p>In the unlikely scenario where the broker defaults, your assets are protected by the Investor Compensation Fund of up to &euro;20,000.</p>
<p>When buying stocks on Freedom24, they belong to you. You are always able to transfer your assets to a different broker.</p>
<h2>Alternatives to Freedom24</h2>
<p>Freedom24 is a well-developed online broker with a variety of services. There are, however, a few features that the platform lacks. Depending on your preferences, you might consider a Freedom24 alternative.</p>
<h3>Scalable Capital</h3>
<img class="lazy" src="https://p2pgallery.s3.eu-central-1.amazonaws.com/EN/scalable-capital-reviews.webp" border="0" alt="scalable capital reviews" width="auto" height="auto" loading="lazy" />
<p>Scalable Capital is a regulated German broker that offers low trading fees, a dedicated savings account, free deposits and withdrawals, as well as savings plans.</p>
<p>If you are not an active trader and don't require access to a variety of exchanges, Scalable Capital might be a good alternative.</p>
<p>The trading firm offers services to residents from Germany, Austria, Italy, Spain, France, and the Netherlands. What's unique about Scalable are their savings plans, which enable you to invest monthly into an ETF without hassle.</p>
<p>On Scalable Capital, you can build a fully automated and well-diversified portfolio at the lowest cost possible, whereas on Freedom24, you must monitor the market and set up orders.</p>
<button class="redirect external_link_button promo" value="scalable">Register Now</button><center>
<p><mark>Or read our <a href="https://p2pempire.com/en/scalable-capital-review">Scalable Capital review</a>.</mark></p>
</center>
<h3>eToro</h3>
<img class="lazy" src="https://p2pgallery.s3.eu-central-1.amazonaws.com/EN/etoro-trading.webp" border="0" alt="etoro" width="auto" height="auto" loading="lazy" />
<p>With Etoro, you are given the unique opportunity to explore countless investment alternatives worldwide. You can easily buy and sell stocks, ETFs, cryptocurrencies, commodities, indices, and foreign currencies with a few simple clicks!</p>
<p>Forget about tedious paperwork or expensive broker fees - on Etoro it's easier than ever to make investments while staying up-to-date with market trends.</p>
<p>eToro is free to use and has no hidden fees or commissions on stocks. Additionally, eToro supports the trading of fractional shares, which isn't the case on Freedom24.</p>
<p>If you're uncertain what to anticipate when trading on this platform, why not try their demo account?</p>
<p>With the demo account, explore how eToro works and gain an understanding of its features without actually having to invest.</p>
<button class="redirect external_link_button promo" value="etoro">Register Now</button>
<h2>Is Freedom24 Worth It?</h2>
<p>Freedom24 is an excellent option for buying and selling stocks. The platform offers access to U.S. and EU exchanges which not all competitors do.</p>
<p>If you are not an active trader or don't need access to international exchanges, other platforms such as Scalable Capital or eToro may be better suited for your needs due to their free deposits/withdrawals and fractional shares trading options.</p>
<p>Ultimately it depends on what you're looking for when choosing a stockbroker.</p>
<p>If you are convinced that you will be utilizing Freedom24's services,such as trading on international exchanges, then it's one of the suitable options to consider.</p>
<p class="question">Are you ready to build your portfolio with Freedom24?</p>
<button class="redirect external_link_button promo" value="freedom24">Register Now</button>
<div class="alert-box">
<h3>Risk Disclaimer</h3>
<p>Investments in securities and other financial instruments always involve the risk of loss of your capital. The forecast or past performance is no guarantee of future results.&nbsp;</p>
</div>
</article>

<article>
<h2>Scalable Capital Vs. Trade Republic In 2023</h2>
<p>Scalable Capital and Trade Republic are two popular German-based online brokers that offer retail investors the option to invest in stocks and ETFs commission-free.</p>
<p>Both online brokers have a user-friendly mobile trading app that allows you to trade and monitor the performance of your portfolio.</p>
<p>In this Scalable Capital vs.Trade Republic comparison, we will compare the platforms' features and fees so you know exactly which platform fits your investment needs.</p>
<h3>Availability</h3>
<p>Before we jump into the comparison, it's essential to review the availability of both trading apps in various jurisdictions. While both German brokers offer their service in multiple markets, it's possible that they don't operate in your area yet.</p>
<p>Here is an overview of markets where Scalable Capital and Trade Republic offer services.</p>
<div class="checklist-box">
<ul>
<li>Scalable Capital is available in the following countries: France, Germany, Austria, Spain, Italy, and the Netherlands.</li>
<li>Trade Republic is available in the following countries: Germany, Austria, Spain, France, Italy, the Netherlands, Belgium, Estonia, Finland, Greece, Ireland, Latvia, Lithuania, Luxembourg, Portugal, Slovakia, and Slovenia.</li>
</ul>
</div>
<p class="question">Ready to start investing with Scalable Capital?</p>
<button class="redirect external_link_button promo" value="scalable">Create A Savings Plan</button>
<h2>Scalable Capital Vs. Trade Republic Fees</h2>
<p>The fee is a variable that every retail investor evaluates before investing in stocks, as they can impact the potential return.</p>
<p>Let's look at the costs that Trade Republic and Scalable Capital charge for their services.</p>
<table class="comparison3">
<tbody>
<tr>
<th>Service</th>
<th>Scalable Capital</th>
<th>Trade Republic</th>
</tr>
<tr>
<td>Trading account fees</td>
<td>&euro;0 - 4.99&euro; / month</td>
<td>&euro;0</td>
</tr>
<tr>
<td>Savings plan fees</td>
<td>&euro;0</td>
<td>&euro;0</td>
</tr>
<tr>
<td>Order fees per trade (gettex/LS)</td>
<td>&euro;0 - &euro;0.99</td>
<td>&euro;1</td>
</tr>
<tr>
<td>Order fees per trade (Xetra)</td>
<td>0.69% - 0.99%</td>
<td>N/A</td>
</tr>
<tr>
<td>Trading venue fees (Xetra)</td>
<td>0.01% or min. &euro;1.50</td>
<td>N/A</td>
</tr>
<tr>
<td>Custody fees</td>
<td>&euro;0</td>
<td>&euro;0</td>
</tr>
<tr>
<td>Crypto spread surcharge</td>
<td>0.69% - 0.99%</td>
<td>1%</td>
</tr>
</tbody>
</table>
<p>As you can see in the table above, Scalable Capital has a more complex fee structure, as the trading app offers a three-tier trading plan.</p>
<p>Investors who wish <strong>only to use the savings plan feature</strong> won't be paying any monthly cost on Scalable, but they will be charged higher fees for trading individual stocks on gettex or Xetra.</p>
<p><mark>ETFs from iShares, Xtrackers, and Invesco can be traded for free on Scalable Capital. </mark></p>
<p>Trade Republic, on the other hand, doesn't charge any monthly fees. You will only be requested to pay a third-party trading fee of &euro;1 per trade on the platform's Lang &amp; Schwarz (LS) exchange.</p>
<p>Trade Republic's pricing structure is straightforward, whereas Scalable Capital's pricing structure must be studied more as the cost varies depending on your activities and monthly plan.</p>
<p><mark>Continue reading to learn more about individual costs for trading stocks on Scalable Capital. </mark></p>
<p>Both companies charge additional fees for extraordinary services, such as registration for shareholder's meetings, custody account statements, or account transfer by letter. Those fees are one-off costs that won't impact your everyday trading experience.</p>
<h2>Scalable Capital Vs. Trade Republic Savings Plans</h2>
<p>Both trading apps, Scalable Capital and Trade Republic, are known for their vast and affordable savings plans.</p>
<table class="comparison3">
<tbody>
<tr>
<th>&nbsp;</th>
<th>Scalable Capital</th>
<th>Trade Republic</th>
</tr>
<tr>
<td>Savings amount</td>
<td>from &euro;1</td>
<td>from &euro;1</td>
</tr>
<tr>
<td>Savings intervals</td>
<td>monthly, bi-monthly, quarterly</td>
<td>weekly, bi-weekly, monthly, quarterly</td>
</tr>
</tbody>
</table>
<p>Scalable Capital offers 2,000 ETFs that are eligible for a savings plan, whereas Trade Republic offers 2,400 ETFs that can be used in a savings plan.</p>
<p>Both companies offer savings plans at &euro;0 order fees, meaning you can build up your portfolio without any costs from the brokers.</p>
<div class="tips-box">
<p>Remember that every ETF comes with an annual Total Expense Ratio, which depends on the type of ETF you invest in. Even though the brokers don't charge anything, you still will need to pay the TER.</p>
</div>
<p>Regarding the savings plan amount, Scalable Capital and Trade Republic allow you to invest just &euro;1 per execution. Trade Republic offers slightly more flexibility with the execution intervals as you can execute your plan weekly, whereas, on Scalable Capital, you can set up monthly savings intervals.</p>
<p>On Scalable Capital, you can invest in ETFs from Invesco, iShares, and Xtrackers, whereas Trade Republic offers a bigger variety of ETFs eligible for a savings plan. On Trade Republic, you can invest in ETFs from Lyxor, Amundi, Xtrackers, WisdomTree, and iShares.</p>
<p>While on both platforms, the majority of ETFs cover a variety of sectors, Trade Republic gives a better overview for those wishing to focus on a specific industry such as finance, energy, or IT.</p>
<div class="tips-box">
<h3>Inflation Adjustment</h3>
<p>On Scalable Capital, you can set up an "inflation adjustment," which will increase your savings plan amount by a predefined percentage point, that way, you can increase your savings plan rate according to the inflation rate you set.</p>
</div>
<h2>Investing in Stocks &amp; ETFs</h2>
<p>Both companies enable you to invest in stocks or ETFs outside the savings plan. You can even trade fractional shares, allowing you to customize your portfolio and control the diversification according to your preferences.</p>
<p>Scalable Capital offers 7,000 stocks, and Trade Republic offers 8,000 stocks.</p>
<p>Both companies use different exchanges. On Scalable, you can trade stocks listed on gettex or Xetra, whereas Trade Republic offers stocks listed only on the LS exchange.</p>
<p>On Trade Republic you will be charged a flat &euro;1 third-party fee per trade. On Scalable Capital, you will be charged a fee based on your subscription plan and the exchange where the stock is listed.</p>
<p>Here is the overview of trading fees you should consider depending on your subscription plan on Scalable Capital.</p>
<table class="comparison4">
<tbody>
<tr>
<th>&nbsp;</th>
<th>FREE Broker</th>
<th>PRIME Broker</th>
<th>PRIME+ Broker</th>
</tr>
<tr>
<td><strong>Monthly account fees</strong></td>
<td>&euro;0</td>
<td>&euro;2.99</td>
<td>&euro;4.99</td>
</tr>
<tr>
<td><strong>Order fees per trade min. &euro;250 (gettex)</strong></td>
<td>&euro;0.99</td>
<td>&euro;0</td>
<td>&euro;0</td>
</tr>
<tr>
<td><strong>Order fees per trade from &euro;0 (gettex)</strong></td>
<td>&euro;0.99</td>
<td>&euro;0.99</td>
<td>&euro;0.99</td>
</tr>
<tr>
<td><strong>Order fees per trade (Xetra)</strong></td>
<td>0.99%</td>
<td>0.69%</td>
<td>0.69%</td>
</tr>
</tbody>
</table>
<div class="alert-box">
<h3>Trading On Xetra</h3>
<p>Trading on Xetra is expensive. You will be charged a 0.01% or at least &euro;1.50 trading volume fee per trade regardless of which monthly plan you choose on Scalable Capital.</p>
</div>
<h3>Order Types</h3>
<p>In our comparison "Scalable Capital vs. Trade Republic", we must consider the available order types.</p>
<p>Both trading apps offer market and limit orders, but only Scalable Capital supports stop loss and stop limit options.</p>
<p>Those order types might be helpful if you are an active trader and want to automate your trading or protect yourself from losses.</p>
<h2>Trading Crypto</h2>
<p>Due to the global popularity of crypto, Scalable Capital and Trade Republic offer the option to buy and sell crypto via their trading apps. Here is a number of coins you can trade on both trading platforms.</p>
<div class="checklist-box">
<ul>
<li>13 cryptocurrencies on Scalable Capital</li>
<li>52 cryptocurrencies on Trade Republic</li>
</ul>
</div>
<p>When comparing the crypto trading feature on Scalable Capital vs. Trade Republic, you must understand that you are trading exchange-traded crypto products or ETPs on regulated exchanges.</p>
<p>ETPs are essentially a product that tracks the value of an underlying cryptocurrency. This type of investment can also be called exchange-traded-note (ETN) or exchange-traded-cryptocurrency (ETC).</p>
<p>Your coins are deposited with a regulated crypto custodian without the option to withdraw your crypto assets.</p>
<div class="alert-box">
<h3>Issuer Risk</h3>
<p>This type of product is the bearer bond of the issuer. You receive a claim to a payment by the issuer. If the issuer goes bankrupt, you can lose all your capital.</p>
</div>
<p>Both Scalable Capital and Trade Republic add a margin spread on your crypto purchases, often more than on some crypto exchanges.</p>
<p>Your "crypto" on Trade Republic is stored with Bitgo, a regulated custodian in Germany. Scalable Capital doesn't publically share the custodian with investors.</p>
<p>Trading crypto on Scalable Capital or Trade Republic is convenient for those with minimal crypto exposure and don't mind storing it on a centralized exchange and bearing the additional issuer risk.</p>
<p>Anyone more exposed to crypto should use a dedicated crypto exchange and store the crypto in a cold wallet such as Trezor. This type of custody gives you actual ownership of your coins and more flexibility.</p>
<p>Buying crypto on a dedicated crypto exchange is also often cheaper as the spreads aren't that high.</p>
<h2>Savings Accounts</h2>
<p>Most of your fees can be offset with the savings account both trading companies offer their clients.</p>
<table class="comparison3">
<tbody>
<tr>
<th>&nbsp;</th>
<th>Scalable Capital</th>
<th>Trade Republic</th>
</tr>
<tr>
<td>Interest</td>
<td>2.3%</td>
<td>2%</td>
</tr>
<tr>
<td>Max. Savings Amount</td>
<td>&euro;100,000</td>
<td>&euro;50,000</td>
</tr>
<tr>
<td>Interest Payout</td>
<td>monthly</td>
<td>monthly</td>
</tr>
<tr>
<td>Availability</td>
<td>PRIME+ users</td>
<td>All users</td>
</tr>
</tbody>
</table>
<p>As you can see in the table, you can earn interest on your uninvested funds.</p>
<p>Trade Republic offers a 2% interest rate on your available funds of up to &euro;50,000, if you choose to activate the savings account feature in the trading app.</p>
<p>Scalable Capital offers a 2.3% annual interest rate on up to &euro;100,000 of your uninvested funds if you are a PRIME+ member and pay &euro;4.99 monthly.</p>
<p><mark>The PRIME+ membership will pay for itself once you have &euro;2,600 of uninvested funds in your Scalable Capital account or if you make three monthly trades. </mark></p>
<p>The deposit protection scheme protects uninvested funds up to &euro;100,000 on both platforms, making the savings account feature attractive for many users, considering banks offer a significantly lower rate.</p>
<h2>Support</h2>
<p>When comparing Scalable Capital vs. Trade Republic, you should pay attention to the quality of support you receive on both platforms.</p>
<p>Regarding customer service, online brokers notoriously fall short in providing a satisfactory experience.</p>
<p>Whether you want to use the broker's savings plan or be more active and trade individual stocks, you might sometimes require assistance.</p>
<p>And when the time comes, you want to be able to talk to someone immediately.</p>
<p>In recent months, many users have criticized Trade Republic's customer support. The phone hotline was often shut off, and users received only generic email responses, which didn't solve their problem.</p>
<p>This type of behavior can create a lot of frustration, especially when it's connected to your money, which the trading app has under management.</p>
<p>Scalable Capital, on the other hand, offers somewhat better support than Trade Republic.</p>
<p>Remember that you get what you pay for. If you are expecting to pay nothing to someone who is managing your stock portfolio, you should also manage your expectations when it comes to customer support.</p>
<p><mark>If you demand a premium customer support experience, we suggest exploring <a href="https://p2pempire.com/en/best-p2p-lending-platforms-europe">P2P lending platforms</a> like <a href="https://p2pempire.com/en/review/peerberry">PeerBerry</a>, <a href="https://p2pempire.com/en/review/robocash">Robocash</a>, or <a href="https://p2pempire.com/en/review/esketit">Esketit</a>. </mark></p>
<h2>Scalable Capital Vs. Trade Republic Conclusion</h2>
<p>Both trading platforms offer a decent product. If you are looking for an online broker to enable you to invest commission-free into your savings plan, you can do that on Scalable Capital or Trade Republic.</p>
<p>If you are an active trader, Scalable offers stocks from two exchanges, whereas the offer on Trade Republic is limited to just one exchange.</p>
<p>When it comes to fees, Trade Republic is cheaper in most services. On the other hand, the support from Scalable Capital is more responsive.</p>
<p>If you are only starting out investing in stocks or ETFs, and costs are essential to you, Trade Republic might be a suitable option. If you are more serious about investing and you wish to have access to support, Scalable Capital might be a better fit.</p>
<p class="question">Ready to start investing with Scalable Capital?</p>
<button class="redirect external_link_button promo" value="scalable">Register Now</button>
<p><mark>Learn more about both platforms in our <a href="https://p2pempire.com/en/scalable-capital-review">Scalable Capital</a> review and the <a href="https://p2pempire.com/en/trade-republic-review">Trade Republic review</a>, where we cover details about further services offered by both trading apps.</mark></p>
<div class="alert-box">
<h3>Risk Disclaimer</h3>
<p>Investments in the stock market are subject to risks.</p>
<p>The statements, comments and other content contained in this article, even if individual issuers or financial instruments are mentioned, are not to be construed as investment advice and do not constitute, directly or indirectly, a recommendation or solicitation to buy, hold or sell any financial instrument or any advice relating thereto.</p>
</div>
</article>

Scalable Capital vs. Trade Republic

Scalable Capital vs. Trade Republic ⭐ Which trading app is better? ⏩ Comparison of Features & Fees ⏩ Which broker should you use?

Scalable Capital vs. Trade Republic | The Ultimate Comparison

Which trading app is better?

<article>
<h2>Scalable Capital Review</h2>
<p>Scalable Capital is one of the best online brokers in Germany, with very competitive savings plan options enabling investors to benefit from the long-term growth of the capital markets. In this Scalable Capital review, we will have a closer look at the offered products, fees, and the pros and cons of Scalable Capital.</p>
<img class="lazy" src="https://p2pgallery.s3.eu-central-1.amazonaws.com/EN/scalable-capital-reviews.webp" border="0" alt="scalable capital reviews" width="auto" height="auto" loading="lazy" />
<h2>What Is Scalable Capital?</h2>
<p>Scalable Capital is a Munich-based online broker that was launched in 2014 with the goal to create a convenient, easy-to-use mobile trading platform.</p>
<p>Today, Scalable Capital is mainly known for its wide variety of savings plans that enable you to automate your investments in ETFs, stocks, and crypto commission-free from as little as &euro;1. On Scalable Capital you can trade fon the gettex and Xetra exchange.</p>
<h2>Pros And Cons Of Scalable Capital</h2>
<p>As with any online broker, there are pros and cons that you should be aware of.</p>
<div class="pros">
<h3>Pros</h3>
<ul>
<li>Best savings plans on the market with 2,000 eligible ETFs</li>
<li>2.3% interest up to &euro;100,000 for PRIME+ members</li>
<li>Free deposits and withdrawals</li>
<li>Low trading fees for PRIME members</li>
<li>Savings plans can be used for just &euro;1 per execution</li>
<li>Free plan for beginners</li>
<li>Decent customer support</li>
</ul>
</div>
<div class="cons">
<h3>Cons</h3>
<ul>
<li>&euro;3.99 fees for trades on the Xetra exchange</li>
<li>Only available for residents from Germany, Austria, Italy, Spain, France, and the Netherlands</li>
</ul>
</div>
<div class="tips-box">
<h3>Who Is Scalable Capital Suitable For?</h3>
<p>Scalable Capital offers a variety of products. It is mainly <strong>suited for retail investors interested in building a long-term portfolio using the provided savings plans</strong>. The low fees and <strong>customer-oriented support</strong> make Scalable Capital one of the best neo-brokers in Germany.</p>
<button class="redirect external_link_button promo" value="scalable">Open Account</button></div>
<h2>Scalable Capital Fees</h2>
<p>As with every trading platform, you must inform yourself about the fees since this might lower your return on investment.</p>
<img class="lazy" src="https://p2pgallery.s3.eu-central-1.amazonaws.com/EN/scalable-capital-fees.webp" border="0" alt="scalable capital fees" width="auto" height="auto" loading="lazy" />
<p>When investing with the Scalable Capital broker, you should be aware of the following costs based on the plan of your choice.</p>
<table class="comparison4">
<tbody>
<tr>
<th>&nbsp;</th>
<th>FREE Broker</th>
<th>PRIME Broker</th>
<th>PRIME+ Broker</th>
</tr>
<tr>
<td><strong>Monthly account fees</strong></td>
<td>&euro;0</td>
<td>&euro;2.99</td>
<td>&euro;4.99</td>
</tr>
<tr>
<td><strong>Savings plan fees</strong></td>
<td>&euro;0</td>
<td>&euro;0</td>
<td>&euro;0</td>
</tr>
<tr>
<td><strong>Order fees per trade min. &euro;250 (gettex)</strong></td>
<td>&euro;0.99</td>
<td>&euro;0</td>
<td>&euro;0</td>
</tr>
<tr>
<td><strong>Order fees per trade from &euro;0 (gettex)</strong></td>
<td>&euro;0.99</td>
<td>&euro;0.99</td>
<td>&euro;0.99</td>
</tr>
<tr>
<td><strong>Order fees per trade (Xetra)</strong></td>
<td>0.99%</td>
<td>0.69%</td>
<td>0.69%</td>
</tr>
<tr>
<td><strong>Custody fees</strong></td>
<td>&euro;0</td>
<td>&euro;0</td>
<td>&euro;0</td>
</tr>
<tr>
<td><strong>Deposits (transfer, direct debit)</strong></td>
<td>&euro;0</td>
<td>&euro;0</td>
<td>&euro;0</td>
</tr>
<tr>
<td><strong>Deposits via Instant</strong></td>
<td>0.99%</td>
<td>0.69%</td>
<td>0.69%</td>
</tr>
<tr>
<td><strong>Instant deposits from &euro;5,000</strong></td>
<td>&euro;0</td>
<td>&euro;0</td>
<td>&euro;0</td>
</tr>
</tbody>
</table>
<p>As you can see, Scalable Capital is very <strong>transparent in its pricing policy</strong>. The online broker offers some of the lowest fees for anyone interested in investing in stocks or using the provided savings plans at no extra cost.</p>
<p><mark>What's worth mentioning is that if you decide to invest on Xetra, you will be charged &euro;3.99 per trade as well as 0.01 %, or at least &euro;1.50 trading venue fee.</mark></p>
<p>Scalable Capital also charges between 0.99% and 0.69% on deposits via Instant. You can deposit via bank transfer or direct debit for free to avoid this fee.</p>
<h2>Scalable Capital Savings Plans</h2>
<img class="lazy" src="https://p2pgallery.s3.eu-central-1.amazonaws.com/EN/scalable-capital-savings-plans.webp" border="0" alt="scalable capital savings plans" width="auto" height="auto" loading="lazy" />
<p><strong>Savings plans are by far the most popular products</strong> offered by Scalable Capital. Even if you use the FREE Broker plan at no monthly cost, you can <strong>invest in 2,000 eligible ETFs</strong> through savings plans for free.</p>
<p>While Scalable Capital doesn't charge you any fees to set up and run savings plans, there is a <strong>total expense ratio (TER)</strong> for every ETF that will be deducted from your account.</p>
<p>Some of the most popular savings plan ETFs on Scalable Capital are:</p>
<table class="comparison3">
<tbody>
<tr>
<th>ETF</th>
<th>ISIN</th>
<th>Total Expense Ratio (TER)</th>
</tr>
<tr>
<td><strong>Invesco MSCI World UCITS ETF</strong></td>
<td>IE00B60SX394</td>
<td>0.19 % p.a.</td>
</tr>
<tr>
<td><strong>iShares Core MSCI World UCITS ETF</strong></td>
<td>IE00B4L5Y983</td>
<td>0.20% p.a.</td>
</tr>
<tr>
<td><strong>Xtrackers MSCI World ESG UCITS ETF 1C</strong></td>
<td>IE00BZ02LR44</td>
<td>0.20% p.a.</td>
</tr>
</tbody>
</table>
<p>The benefit of using a savings plan is that you can automate your regular contribution to your portfolio or adjust it anytime based on your budget. Scalable also offers a direct debit feature, enabling the trading company to automatically deduct the funds from your bank account and execute the savings plan, without you having to transfer money to your Scalable investment account.&nbsp;</p>
<p>Investing with savings plans allows you to <strong>create a well-diversified portfolio for only &euro;1</strong> without researching companies or speculating on individual stocks.</p>
<p>You will also benefit from the <strong>dollar-cost averaging strategy</strong>, enabling you to develop disciplined investing habits without worrying about timing the market.</p>
<p>Scalable Capital offers several execution days, and you can also set your savings plan interval to be executed every month, bi-monthly, or quarterly.</p>
<p>The savings plan from Scalable Capital can be set up for ETFs, individual stocks, crypto ETPs, and funds.</p>
<p>If you are looking for a broker that offers free savings plan options that you can use to grow your portfolio, Scalable Capital is certainly a suitable option to consider.</p>
<p class="question">Ready to automate your stock portfolio?</p>
<button class="redirect external_link_button promo" value="scalable">Create A Savings Plan</button>
<h2>Savings Account</h2>
<img class="lazy" src="https://p2pgallery.s3.eu-central-1.amazonaws.com/EN/scalable-capital-interest.webp" border="0" alt="scalable capital interest" width="auto" height="auto" loading="lazy" />
<p>Scalable Capital just recently started offering <strong>2.3% interest on uninvested capital up to &euro;100,000</strong>. This savings feature is available for all PRIME+ Broker members.</p>
<p>If you opted-in for the <strong>PRIME+ Broker plan</strong> for just &euro;4.99 per month, you can earn interest on your uninvested capital.</p>
<p>The annual fees from PRIME+ Broker will be paid off with the received interest as soon as you deposit &euro;2,600 into your Scalable Capital account.</p>
<p>The PRIME+ Broker plan enables you to trade stocks and ETFs commission-free, saving you a lot of fees if you are an active trader.</p>
<p><mark>By using the savings feature and depositing &euro;2,600 into your account, you can use the PRIME+ Broker plan at no extra cost since the interest will cover your annual fees.</mark></p>
<h2>Wealth Management - Roboadvisor</h2>
<p>Scalable Capital also offers the option to use the company's wealth management services. This service is, however, <strong>only available to investors from Germany and Austria.&nbsp;</strong></p>
<p>Based on your criteria, Scalable Capital will create a well-diversified ETF portfolio and make ongoing adjustments based on market conditions.</p>
<p>The trading firm takes over your asset management, offering personalized customer service and ongoing monitoring.</p>
<p>The wealth management service is a paid feature. Whether the personalized support is worth the cost depends on the return that the team can achieve for you.</p>
<h2>Scalable Capital Trading Hours</h2>
<p>Trading occurs via the stock exchanges gettex (Munich Stock Exchange) or Xetra (German Stock Exchange).</p>
<p>Trading is possible via gettex from 8:00 a.m. to 10:00 p.m. from Monday to Friday, Xetra is open from 9:00 a.m. to 5:30 p.m. on the same days.</p>
<p>Generally, placing orders at Scalable Capital around the clock (from 00:15 to 23:30) on trading days is possible. They are executed at the next possible time.&nbsp;</p>
<h2>Is Scalable Capital Safe?</h2>
<p>Scalable Capital is a reputable online broker from Germany that the <strong>German Federal Financial Supervisory Authority BaFin regulates</strong>.</p>
<p>Your <strong>funds are stored at Baader Bank in Germany</strong> and your uninvested capital is protected by the German deposit protection scheme up to &euro;100,000 per investor.</p>
<p>Even in the unlikely event that Scalable Capital goes bankrupt, your stocks are yours, and they won't be part of the insolvency estate. The custodian bank will allow you to transfer your securities to a different broker.</p>
<p>Scalable Capital isn't authorized to take ownership of your assets.</p>
<p>The trading platform follows the best cybersecurity practices and offers a 2FA for its users.</p>
<h2>Alternatives to Scalable Capital</h2>
<p>As with any online broker, Scalable Capital isn't the only trading firm on the market. There are plenty of other trading platforms offering similar or more advanced features. Here are some of the best alternatives to Scalable Capital.</p>
<h3>Trade Republic</h3>
<p><img class="lazy" src="https://p2pgallery.s3.eu-central-1.amazonaws.com/EN/trade-republic-fees.webp" border="0" alt="trade republic " width="auto" height="auto" loading="lazy" /></p>
<p>Trade Republic is likely the biggest competitor to Scalable Capital. The German-based trading app offers the lowest fees on the market with no monthly plans.</p>
<p>In addition to free savings plans, Trade Republic offers 2% annual interest on uninvested funds for all its clients up to &euro;50,000.</p>
<p>Regarding savings plans, you can choose from 2,400 ETFs in which you can regularly invest from just &euro;1.</p>
<p>While Trade Republic enables you to trade securities via LS exchange, Scalable Capital offers trades through Gettex and Xetra.</p>
<p>Trade Republic is slightly cheaper than Scalable Capital, especially for users using the free plan.</p>
<p>There is, however, a difference in the quality of support. Many clients are complaining about the support of Trade Republic, whereas most customers on Scalable Capital are content with the client's support, which is an essential factor to consider when investing your hard-earned money.</p>
<p>Read our <a href="https://p2pempire.com/en/trade-republic-review">Trade Republic review</a> to learn more about this trading firm or compare both trading apps in our comparison <a href="https://p2pempire.com/en/scalable-capital-vs-trade-republic">Scalable Capital vs. Trade Republic</a>.</p>
<h3>Freedom24</h3>
<p><img class="lazy" src="https://p2pgallery.s3.eu-central-1.amazonaws.com/EN/freedom24-trading.webp" border="0" alt="freedom24" width="auto" height="auto" loading="lazy" /></p>
<p>Freedom24 is an innovative trading platform that gives you access to over 40,000 stocks and 1,500 ETFs from leading companies such as iShares, Vanguard and BlackRock.</p>
<p>Freedom24 is owned by Freedom Holding Corp., which trades on Nasdaq and is governed by the US Securities and Exchange Commission (SEC). European investors will transact their activities through Freedom Finance Europe Ltd., a firm regulated by the Cyprus Securities and Exchange Commission.</p>
<p>You can use Freedom24's platform without commission or order fees for the first thirty days. After that, you don't have to pay a subscription fee; just &euro;0.02 per share and &euro;2 per transaction!</p>
<p>There is also a withdrawal charge of only &euro;7.</p>
<p>Freedom24 is ideal for traders who want a broad range of options. Unfortunately, Freedom24 has no savings plans available; thus, if you're looking to invest in ETFs through savings plans, this trading platform isn't your best option.</p>
<button class="redirect external_link_button promo" value="freedom24">Register Now</button><center>
<p><mark>Or learn more about the broker in our <a href="https://p2pempire.com/en/freedom24-review">Freedom24 review</a>.</mark></p>
</center>
<h3>eToro</h3>
<p><img class="lazy" src="https://p2pgallery.s3.eu-central-1.amazonaws.com/EN/etoro-trading.webp" border="0" alt="etoro" width="auto" height="auto" loading="lazy" /></p>
<p>Etoro is a globally-renowned trading platform that offers its customers access to numerous investment options, ranging from stocks and ETFs to crypto, commodities, indices, and currencies.</p>
<p>It boasts an impressive variety of assets compared to Scalable Capital - one you won't want to miss out on!</p>
<p>Utilizing eToro is entirely free, with no management fees or commissions on stocks.</p>
<p>Withdrawal and spread fees should be considered, yet fractional shares can still be traded from a mere $10!</p>
<p>If you're unsure what to expect when trading via this platform, then why not trial out their demo account?</p>
<p>That way, you can explore all of the features of eToro without any risk - how great does that sound?</p>
<button class="redirect external_link_button promo" value="etoro">Register on eToro</button>
<h2>Is Scalable Capital Worth It?</h2>
<p>Scalable Capital is worth considering for investors looking to invest in ETFs with savings plans. The platform offers many options and features excellent customer support, which is difficult to find.</p>
<p>If you reside in Germany, Austria, Italy, Spain, France or the Netherlands, Scalable Capital is likely one of your best options to invest in ETFs at no additional costs.</p>
<p class="question">Ready to build your portfolio with Scalable Capital?</p>
<button class="redirect external_link_button promo" value="scalable">Register Now</button>
<p><mark>If you are looking for more investment platforms with a more predictable return, check out the <a href="https://p2pempire.com/en/best-p2p-lending-platforms-europe">best P2P lending platforms</a> in our <a href="https://p2pempire.com/en/comparison">P2P comparison and calculate your potential return</a>.</mark></p>
<div class="alert-box">
<h3>Risk Disclaimer</h3>
<p>Investments in the stock market are subject to risks.</p>
<p>The statements, comments and other content contained in this article, even if individual issuers or financial instruments are mentioned, are not to be construed as investment advice and do not constitute, directly or indirectly, a recommendation or solicitation to buy, hold or sell any financial instrument or any advice relating thereto.</p>
<p>Some mentioned trading platforms offer various financial products.</p>
<p>CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.</p>
</div>
</article>

Scalable Capital Review 2024

Honest Scalable Capital Review 2024 ⏩ Is Scalable Capital Safe? ☑️ Overview of fees ✅ Are €0 trading fees worth it? ⭐ Scalable broker review!

Scalable Capital Review 2024 | Is Scalable Capital Worth It?

Is Scalable Capital worth it?

Honest Freedom24 Review 2024 ⏩ Is Freedom24 Legit? ☑️ Over 40,000 stocks and 1,500 ETFs ✅  International exchanges ⭐ Trade stocks now.

Freedom24 Review 2024 | Is The Freedom24 Broker Worth It?

Is the Freedom24 broker worth it?

Freedom24 Review 2024

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