Explore our blog articles to learn how to increase your income and save money ⏩ Online brokers ⏩ Debit Cards ⏩ Crypto wallets.

Blog | Personal Finance Guides & Reviews

Increase your wealth with insights from the finance world. 

Blog 

Esketit

Peerberry

InRento

Crowdpear

Robocash

Fintown

Income

Lande

YouHodler

Capitalia

Heavy Finance

Profitus

Ledn

Yield App

Afranga

Mintos

Bondora

Swaper

EvenFi

Crowdestate

Lonvest

EstateGuru

Debitum

GoParity

CrowdedHero

Twino

Iuvo Group

Bridgefund

Brickstarter

Neo Finance

Nordstreet

Civislend

Bondster

Viainvest

Bullride

Bulkestate

Crypto

Nibble

Crowdestor

Lendermarket

Reinvest24

Max Crowdfund

Coinrabbit

Monefit

Wisefund

Viventor

MyConstant

Nexo

Celsius

DoFinance

Haru Invest

Rendity


Grupeer

Fast Invest

Envestio

Scalable Capital vs. Trade Republic

<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>

<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?

<article>
<h2>Trade Republic Review</h2>
<p>Trade Republic is one of the fastest-growing online brokers in the EU, available in 17 countries. In this Trade Republic review, we will examine hidden fees, spreads, and pros and cons to determine whether the online broker is a good fit for you.</p>
<img class="lazy" src="https://p2pgallery.s3.eu-central-1.amazonaws.com/EN/trade-republic-fees.webp" border="0" alt="trade republic fees" width="auto" height="auto" loading="lazy" />
<h2>What Is Trade Republic?</h2>
<p>Trade Republic is one of German's leading online brokers that offer investments in 10,400 stocks and ETFs. The company is known for its user-friendly app, no order fees, free savings plans, and the option to invest in fractional shares.</p>
<h2>Pros And Cons Of Trade Republic</h2>
<p>As with any online broker, there are always pros and cons that you need to consider when trading your hard-earned money.</p>
<div class="pros">
<h3>Pros</h3>
<ul>
<li>2% APY on uninvested funds</li>
<li>&euro;15 to &euro;25 free stock during sign up</li>
<li>No order fees</li>
<li>No account management fees</li>
<li>Free savings plans are available</li>
<li>Regulated by BaFin in Germany</li>
<li>10,400 stocks and ETFs</li>
</ul>
</div>
<div class="cons">
<h3>Cons</h3>
<ul>
<li>Trades are available only on one stock exchange Lang &amp; Schwarz</li>
<li>You don't own your cryptocurrencies</li>
<li>Trading outside of trading hours is expensive</li>
<li>Spread is not always in your favor</li>
<li>Support is not always reachable</li>
</ul>
</div>
<div class="tips-box">
<h3>Who Is Trade Republic Suitable For?</h3>
<p>Trade Republic is suitable for investors who appreciate maximal comfort and low fees when investing in the stock market.</p>
</div>
<h2>Trade Republic Fees</h2>
<p>Trade Republic is one of the most affordable brokers on the market. Let's have a look at the broker's fees.</p>
<table class="comparison2">
<tbody>
<tr>
<td><strong>Order commission</strong></td>
<td>free of charge</td>
</tr>
<tr>
<td><strong>Third-party fee</strong></td>
<td>&euro;1.00 per order</td>
</tr>
<tr>
<td><strong>Savings plan purchase ETF / stock / crypto</strong></td>
<td>free of charge</td>
</tr>
<tr>
<td><strong>Custody account management</strong></td>
<td>free of charge</td>
</tr>
<tr>
<td><strong>Custody account transfer (outbound)</strong></td>
<td>free of charge</td>
</tr>
<tr>
<td><strong>Transfer order by letter</strong></td>
<td>&euro;25.00</td>
</tr>
</tbody>
</table>
<p>As you can see, trading costs on the Trade Republic are relatively low. There aren't any order fees, but you will be charged a third-party fee of &euro;1 per trade.</p>
<p>Apart from the affordable trading fees, you <strong>should pay attention to the spread</strong>.</p>
<h3>Trade Republic Spread</h3>
<p>The spread represents the difference between buying and selling price of a security. Suppose you buy and immediately sell a stock; you will lose money due to the spread.</p>
<p>You will always be offered a higher price when buying stocks and a lower price when selling stocks.</p>
<p><mark>Trade Republic claims on its website that they offer a 43% better spread than the market average. This is, however, a statement based on a study they paid for in 2021, so investors should take this information with a grain of salt. </mark></p>
<p>While trades on Trade Republic will be executed during business days between 7:30 am to 11:00 pm CET, you will receive the best spreads between 9:00 am and 5:30 pm CET as the spreads are linked to XETRA, Trade Republic's reference exchange, which operates during weekdays until 5:30 pm CET.</p>
<p>The spread on Trade Republic is dynamic and ranges between 0.5% and 2%.</p>
<p><mark>While the spread won't incur a high cost when trading smaller volumes, if you plan to trade bigger positions, it's worth comparing the prices of various brokers. </mark></p>
<p>Outside of the above-mentioned fees, Trade Republic allows you to leverage your position with over 40,000 derivates, which may result in costs or a capital loss.</p>
<p><mark>Trading with leverage is connected to extreme risk, and most traders lose money. </mark></p>
<h2>Trade Republic Short Selling</h2>
<p>Short selling on Trade Republic is available via derivates. Traders can buy and sell leveraged knock-out certificates, either mini futures or open-end turbo.</p>
<p>The financial product you can trade on Trade Republic is issued by HSBC and is <strong>subject to risks</strong>. This type of <strong>speculative investment may lead to the total loss of the invested capital</strong>.</p>
<h2>Trade Republic Fractional Shares</h2>
<p>Trade Republic offers you the option to buy fractional shares for just &euro;1.</p>
<p>This means that if a stock's price is set at &euro;300, you can still purchase a fraction of the stock and benefit from the volatility in the market. Fractional shares enable you to build a more diversified portfolio within your budget.</p>
<h2>Trade Republic Savings Plans</h2>
<img class="lazy" src="https://p2pgallery.s3.eu-central-1.amazonaws.com/EN/traderepublic-savings-plan.webp" border="0" alt="traderepublic savings plan" width="auto" height="auto" loading="lazy" />
<p>Trade Republic offers 2,400 ETFs available as savings plans, including stocks or cryptocurrencies.</p>
<p>All savings plans on Trade Republic can be traded for free. There is no third-party fee, as it's the case when buying individual shares.</p>
<p>The trading app offers a wide variety of options. You can launch a savings plan from just &euro;1, making it suitable for beginners looking to invest in ETFs automatically every month at no fees.</p>
<p>On Trade Republic, you can choose from weekly, bi-weekly, monthly, or quarterly savings intervals.</p>
<h2>Savings Account</h2>
<img class="lazy" src="https://p2pgallery.s3.eu-central-1.amazonaws.com/EN/traderepublic-saving.webp" border="0" alt="trade republic interest rate" width="auto" height="auto" loading="lazy" />
<p>Trade Republic currently offers 2% annual interest on your uninvested funds, calculated daily. The trading firm will pay you 2% interest up to &euro;50,000 of uninvested funds. This function has to be activated in the mobile app.</p>
<h2>Crypto</h2>
<img class="lazy" src="https://p2pgallery.s3.eu-central-1.amazonaws.com/EN/traderepublic-crypto.webp" border="0" alt="traderepublic crypto" width="auto" height="auto" loading="lazy" />
<p>The trading app also offers the option to buy and sell more than 40 cryptocurrencies. You can simply top-up your account with a bank transfer, credit card or Google Pay to trade cryptocurrencies on Trade Republic.</p>
<p>You will be charged a &euro;1 third-party fee and a 1.5% spread, higher than on most crypto exchanges.</p>
<p>Note that on Trade Republic, you cannot withdraw your crypto to your hardware wallet, meaning you are never the owner of your assets as you don't own the private keys.</p>
<p>Your cryptocurrencies are stored at Bitgo, which is a regulated custodian in Germany.</p>
<p>If you want to be in control of your cryptos, we recommend using hardware wallets from <button class="redirect externaltext" value="trezor">Trezor</button>, which offer more flexibility than the custody solution provided by Trade Republic.</p>
<h2>Is Trade Republic Safe?</h2>
<p>German BaFin, the local financial regulator, regulates Trade Republic.</p>
<p>All investor's deposits are legally protected up to &euro;100,000 per investor. The client's uninvested funds are held in Solarisbank SE, Citibank Europe plc, and Deutsche Bank, also regulated in Germany. Citibank Europe plc is regulated in Ireland.</p>
<p>Invested capital is not protected by any deposit protection scheme and is subject to risk.</p>
<p>Your portfolio is held at HSBC bank in Germany. According to Trade Republic, you own all purchased shares in your portfolio.</p>
<p>You should know that there are always risks connected to trading stocks.</p>
<p>According to the Trade Republic terms, even if the firm goes bankrupt, the shares are still yours. You will be able to transfer them to a different broker. This is a risk that applies to all brokers.</p>
<h3>Poor Customer Support</h3>
<p>When engaging with financial institutions, you must have someone available if you face issues with your account.</p>
<p>Online brokers aren't famous for their customer support, which is also why Trade Republic is often criticized by its clients.</p>
<p>Support via phone is often unavailable, and emails are being answered with a generic response, which may not be helpful if you face serious issues.</p>
<p>If you encounter problems with your account, it might be challenging to resolve them with Trade Republic.</p>
<p>Some investors also report technical errors and bugs, which may increase your frustration when trading shares on the platform.</p>
<h2>Alternatives to Trade Republic</h2>
<p>You are lucky if you are looking for a worthy alternative to Trade Republic with better customer support! Here are the best options for you.</p>
<h3>Scalable Capital</h3>
<img class="lazy" src="https://p2pgallery.s3.eu-central-1.amazonaws.com/EN/scalable-capital-trade-republic.webp" border="0" alt="scalable capital" width="auto" height="auto" loading="lazy" />
<p>Scalable Capital is likely the best alternative to Trade Republic with better support and the option to earn 2.3 % interest p.a. on your uninvested funds up to &euro;100.000.</p>
<p>While the savings feature is available only for PRIME+ Broker accounts, the trading app offers investments in over 7,000 stocks worldwide and 2,000 ETFs.</p>
<p>The fees on Scalable Capital depend on your broker account. You can either set up a free broker account where you pay only &euro;0.99 per trade and &euro;0 for savings plans, or you can opt-in for an affordable PRIME Broker or PRIME+ Broker account, where you pay just &euro;2.99 or &euro;4.99 per month and enjoy commission-free trading on all stocks and ETFs as well as savings plans.</p>
<p>Scalable Capital is a trusted broker, offering a superior trading experience at fair terms.</p>
<p class="question">Are you ready to trade with Scalable?</p>
<button class="redirect external_link_button promo" value="scalable">Get Started</button>
<p><mark>Or learn more about this trading app in our <a href="https://p2pempire.com/en/scalable-capital-review">Scalable Capital review</a>. You can compare both trading apps in our comparison <a href="https://p2pempire.com/en/scalable-capital-vs-trade-republic">Scalable Capital vs. Trade Republic</a>.</mark></p>
<h3>Freedom24</h3>
<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>Freedom24 is, first and foremost, a trading platform where you can invest in up to 40,000 stocks and 1,500 ETFs from iShares, Vanguard or BlackRock.</p>
<p>Freedom24 belongs to Freedom Holding Corp., traded on Nasdaq and regulated by the US Securities and Exchange Commission (SEC). European investors will trade via Freedom Finance Europe Ltd., regulated by the Cyprus Securities and Exchange Commission.</p>
<p>Freedom24 offers a free 30-day trading account to test the platform with &euro;0 commission and order fees.</p>
<p>You can continue using the platform without a monthly subscription but will pay &euro;0.02 per share and &euro; 2 per order. Additionally, there is a &euro;7 withdrawal fee.</p>
<p>This trading platform is undoubtedly targeting traders who wish to have more options. To our knowledge, Freedom24 doesn't offer any savings plans.</p>
<button class="redirect external_link_button promo" value="freedom24">Register Now</button><center>
<p><mark>Or learn more about the online broker in our <a href="https://p2pempire.com/en/freedom24-review">Freedom24 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>Etoro is a global trading platform offering investments in stocks, ETFs, crypto, commodities, indices, and currencies. It provides a much more extensive selection of assets than Trade Republic.</p>
<p>If you are frustrated with technical issues that some of the users on Trade Republic are experiencing, eToro might be a worthy alternative.</p>
<p>Your account on eToro is free; there are also no management fees and 0% commissions on stocks. There are, however, spreads and withdrawal fees that you should consider. eToro also supports trading fractional shares from as little as $10.</p>
<p>The trading platform offers a demo account to explore eToro's functionalities in a safe environment.</p>
<button class="redirect external_link_button promo" value="etoro">Register Now</button>
<p><mark>European investors will use eToro (Europe) Ltd., a Financial Services Company authorized and regulated by the Cyprus Securities Exchange Commission.</mark></p>
<h2>Is Trade Republic Worth It?</h2>
<p>The trading services offered by Trade Republic are suitable for most retail investors who wish to buy individual stocks or use savings plans to automate their investment in the stock market at the lowest fees possible.</p>
<p>If you have higher demands on a trading platform and wish to have access to support when required, Trade Republic might not be the best fit for you.</p>
<p>While investors might prioritize a broker with low fees, <strong>remember that you get what you pay for</strong>. If you expect to pay &euro;0 trading fees, you shouldn't expect the best customer experience or client support.</p>
<p>If you want to test Trade Republic, as a newly registered trader, you will receive a <strong>free stock of &euro;15 to &euro;25</strong>.</p>
<p><mark>If you want to earn passive income by investing in loans, navigate to our <a href="https://p2pempire.com/en/comparison">P2P lending calculator</a> to calculate your expected profit. Are you wondering how P2P lending compares to stocks? Read our article about <a href="https://p2pempire.com/en/comparison/p2p-lending-vs-stocks">P2P lending vs. stocks</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>

Trade Republic Review 2024

Honest Trade Republic Review 2024 ⏩ Is Trade Republic Safe? ☑️ Overview of fees ✅ Are €0 trading fees worth it? ⭐ Find out now!

Trade Republic Review 2024 | Is Trade Republic Worth It?

Is Trade Republic worth it?

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?

Scalable Capital vs. Trade Republic

Table of contents

Jakub Krejci

Relevant Articles

About us

P2P LENDING

MEDIA

About us

P2P LENDING