Welcome to the new Scalable Capital

What does the new Scalable mean?

We set new standards for private investing: Broker, digital wealth management, and loan offerings are seamlessly integrated into a newly developed technology platform. Investors can now open securities accounts directly with Scalable Capital. Clients benefit from the best conditions for trading, additional strategies in digital wealth management, and a new stock exchange (EIX).

With the new offering, clients will enjoy:

• 2.75% interest p.a. (variable) on up to €500,000 in PRIME+ and €50,000 in FREE forwarded from partner banks and money market funds at Scalable; interest according to special conditions at Baader Bank
• All securities accounts in the Scalable app; switch via Profile
• No additional costs, regular PRIME+ fee will be charged from your account at Scalable (primarily, dependent on cash balance) or Baader Bank
• Quick start: Shortly, you will be able to automatically import your savings plans, price alerts, portfolio groups and watchlist to your Scalable account
  

As an existing client, when can I access the new offering?

From now on, broker clients will receive the new Scalable account in addition to the accounts with Baader Bank. Access is currently being activated step by step in the upcoming days.The prerequisite for this is that you agree to the new terms and conditions.

With the new Scalable account, you will have access to the new EIX exchange, fast payments, and we forward 2.75% p.a. interest (variable) from our partner banks and money market funds.

Do I receive the same interest rate in both accounts?

In your new Scalable account we forward 2.75% interest p.a. (variable) on up to €500,000 in PRIME+ and €50,000 in FREE from partner banks and money market funds. The current rates can be found here.

For cash in your Baader Bank account interest rates according to special conditions at Baader Bank apply.

How can I deposit cash into the new Scalable account?

You can easily instruct deposits and withdrawals in your client area under Payments. Alternatively, you can also transfer from your current account. When making a deposit, please ensure you use your new Scalable IBAN.

How can I transfer cash between my two accounts?

To transfer cash between your Scalable and Baader accounts, first instruct a withdrawal to your current account (reference account) in the Scalable client area of the respective account. You can then deposit the cash to your other account via bank transfer, direct debit, or Scalable Instant.

Starting in the fourth quarter of 2025, as part of the automatic account transfer service, your cash balance from the Baader account will be directly transferred to your Scalable account.

Can I transfer my securities from the Baader account to the new Scalable account?

Please use our account transfer service in the fourth quarter of 2025 for this purpose. Only in this way can we ensure a smooth transfer of your securities with our partner Baader Bank.

Your accounts at Baader (Wealth and Broker) will be transferred including cash, savings plans and fractions. After the transfer we will close your account. Your account at Scalable will then contain all your positions as well as your transaction history and documents. We will inform you beforehand.

Securities transfers require manual processing steps at both the sending and receiving institutions, as well as coordination with the clearing houses and other parties involved. Therefore, we will carry out the transfer service for our clients collectively in the fourth quarter of 2025. This is the only way we can plan with sufficient lead time and provide an orderly and trouble-free transition. We will work closely with our partner Baader Bank, the custodians, and all other relevant parties.

Will I receive a new IBAN?

Yes, you will receive a new IBAN for the new Scalable account. You can find it in the app under Profile > Account details (Scalable Capital) > Products. On the website, it can be found under Profile > Products > Product Details.

Your Baader Bank IBAN remains. You can find it under Profile > Account details (Baader Bank) > Products. On the website, it can be found under Profile > Products > Product Details.

How do I gain access to the new Scalable?

Log into your client area. There, you can agree to the new terms and conditions to get access to the new Scalable.

If you already gave your consent, you do not need to take any further action. We will automatically open the new Scalable account for you.

Do I still have access to my Baader account?

Yes. You will still have access to all existing accounts at Baader Bank alongside the Scalable account. Your app and access credentials will remain unchanged. No reidentification is required. In the app, you can easily switch between your existing Baader and your new Scalable securities account in the profile. On the web, this can be done via the side bar navigation.

For more information about the new Scalable account, please click here.

Where will my PRIME+ or PRIME fee be deducted from in the future?

The regular PRIME+ or PRIME fee will only be charged from one account, depending on the availability of cash in your Scalable and Baader accounts. If cash is insufficient in both accounts your Scalable account will be overdrafted and you will be informed in a message.

Will my Baader account be transferred to Scalable Capital?

Yes, your accounts at Baader (Wealth and Broker) will be transferred including cash, savings plans and fractions. After the transfer we will close your account. Your account at Scalable will then contain all your positions as well as your transaction history and documents. We will inform you beforehand.

We will take all necessary measures to facilitate a seamless transition with our partner Baader Bank. You don’t have to take any action. You will be informed before the start of the transfer.

What is the EIX?

The European Investor Exchange (EIX) is Europe's most modern stock exchange, specifically focused on the needs of individual investors. Scalable Capital operates EIX in cooperation with the Hanover Stock Exchange. Scalable Capital provides technology and liquidity. The Hanover Stock Exchange is responsible for the oversight according to German public law, particularly for trading supervision.

Can I decide which exchange to use for my trades?

Yes, you have full flexibility to select the venue when placing an order. Besides EIX, the other venues include gettex (Munich Stock Exchange) and Xetra (Deutsche Boerse). The costs for trading on gettex and Xetra have not changed.

Is Scalable a bank now?

No. We are an investment firm, which means we can handle your securities account and all investment-related services. For your cash balances, we work with partner banks and money market funds. In addition to managing the securities accounts, we have applied for authorization for deposit business to be able to accept client deposits ourselves in the future.

What happens in case of insolvency of Scalable Capital or the partner banks?

Cash balances are safeguarded in accounts with partner banks and in money market funds. Initially, these are Deutsche Bank, J.P. Morgan Asset Management, DWS, and BlackRock. Deposits are protected up to €100,000 per customer per bank under the statutory deposit protection scheme. For money market funds, European investor protection rules (UCITS) apply regardless of the amount.

In case of insolvency of Scalable Capital, you are entitled to the return of your securities. These are not part of the bankruptcy estate and are therefore protected.

What is a money market fund?

For your broker account, we work with partner banks as well as qualifying money market funds. These are closely regulated funds that have to meet the following requirements:

• Adhere to European investor protection rules (UCITS), regardless of the amount you invest.
• Their primary aim is to keep the value of the fund stable.
• They invest exclusively in high-quality short-term instruments (e.g., treasury bills, commercial papers, or certificates of deposit) with an average maturity of 60 days.
• Provide liquidity through same-day or next-day settlement.

Like all securities, money market funds are segregated assets and therefore would not be part of the insolvency assets of Scalable Capital or the fund issuer.

Please be aware of the risks of money market funds.