Munich, 28/9/2022. Scalable Capital, a leading digital investment platform in Europe, expands to the Netherlands. With Scalable Broker and Scalable Crypto, the company introduces practical and cost-effective trading and savings plans in exchange-traded funds (ETFs), mutual funds, stocks and cryptocurrencies for Dutch retail investors. Regulated by the German financial supervisory authority BaFin, Scalable Capital offers a secure and innovative brokerage offering with full service.
Erik Podzuweit, founder and co-CEO of Scalable Capital: “We have only recently exceeded EUR 10 billion in client assets on our platform. More than half a million clients across Europe are already using our services to invest for their future, and many primarily uses ETFs. Dutch investors can now benefit from the same safe and cost-effective access to the capital markets via our platform. In the inflationary environment we currently find ourselves in, investing has become the new savings if you want to protect your money against loss of value.”
Broad investment universe and savings schemes at an innovative price level
The Scalable Broker offers Dutch clients a full-service online broker. They will have access to more than 7,000 global stocks, including Dutch household names, US blue chips and emerging market stocks. Investors can choose between two regulated European exchanges to trade on: Xetra, from Deutsche Börse AG, or gettex, an exchange from Bayerische Börse AG. No exchange fees are charged as all transactions are settled in euros.
Investors can diversify their investments through more than 1,800 ETFs and 2,000 mutual funds, as well as all major cryptocurrencies. The broker offers a wide range of ETFs that meet environmental, social and governance (ESG) criteria and adhere to Socially Responsible Investments (SRI). In addition to the sustainable ETFs, a wide range of equity ETFs, dividend ETFs and commodity ETFs round out Scalable Broker’s offering, making it truly a one-stop shop for experienced and new investors alike .
All ETFs, a selection of the most popular stocks and mutual funds, as well as cryptocurrencies are eligible for savings plans. The savings plans can be set up from an amount of just 1 euro, and are commission-free.
Scalable Capital offers all order types (market, limit, stop, stop-limit order) free of charge as well as extended opening hours (8:00 a.m. to 10:00 p.m.), free real-time price data, different language versions and many more features in a modern and intuitive interface on both web- and mobile apps (iOS and Android).
The company offers two pricing models for different customer needs: The FREE broker offers commission-free savings schemes for ETFs, stocks, funds and commission-free trades in more than 700 PRIME partner ETFs (iShares from BlackRock, Invesco and DWS Xtrackers). Orders in other instruments start at only EUR 0.99 per trade. PRIME Broker includes all the benefits of the FREE Broker plus a fixed trading fee with an unlimited number of transactions for a monthly fee of 2.99 euros.
Stock-like crypto trading on regulated exchanges
Scalable Crypto (located in the broker’s dashboard) provides easy, affordable and safe access to crypto investments through regulated European exchanges. What is unique about Scalable’s crypto offering is that it combines the security of trading on a regulated exchange with physically backed exposure to the crypto asset class. There is no need to open a separate wallet or pay for the expensive storage of the digital coins. The cryptocurrencies are simply stored in the form of securities in the customer’s existing trading account.
About scalable capital
Scalable Capital is a leading digital investment platform in Europe that makes investing easy and affordable for everyone. With Scalable Broker, clients can independently trade stocks, ETFs, funds and cryptocurrencies to build their own portfolio. In addition, they can have their savings professionally invested via digital asset management (soon in the Netherlands). More than 600,000 customers are already using our services.
Scalable Capital was founded in 2014 and is already active in Germany, the UK, France, Italy, the Netherlands, Spain and Austria. The investment company, which is supervised by BaFin and the Bundesbank, has over 10 billion euros under management on its platform. In addition to products for private customers, the company develops B2B solutions. Regular partners include ING, Barclays Bank in the UK, robo-advisor Oskar and Santander Group in Spain. Scalable Capital employs more than 400 people across offices in Munich, Berlin and London. Together with the founding and management team around Erik Podzuweit and Florian Prucker, they work to ensure that everyone can become an investor.
For more information, visit https://nl.scalable.capital/newsroom.
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