Munich, 28-09-2022. Scalable Capital, a leading European digital investment platform, expands to the Netherlands. Scalable Broker and Scalable Crypto provide Dutch retail clients with convenient and cost-effective trading and savings plans in exchange traded funds (ETFs), mutual funds, stocks as well as cryptocurrencies. Regulated by the German financial supervisory authority BaFin, Scalable Capital provides a secure and innovative full-service brokerage offering.
Erik Podzuweit, founder and Co-CEO of Scalable Capital: ‘We have only recently surpassed 10 billion euro of client assets on our platform. More than half a million clients across Europe are already using our services to invest for their futures and many are primarily using ETFs. Dutch investors can now use our platform to benefit from the same secure and cost-effective access to the capital markets. In the inflationary environment that we’re currently in, investing has become the new saving, if you want to protect your money from losing value.’
The Scalable Broker offers Dutch clients a full-service brokerage. They gain access to over 7,000 global shares including Dutch household names, US blue chips and Emerging Market shares. Investors have the choice between two regulated European stock exchanges to get their orders executed: Xetra, operated by Deutsche Börse AG or gettex, a stock exchange of Bayerische Börse AG. No foreign exchange fees are incurred, since all trades are settled in euro.
Investors can diversify their investment via more than 1,800 ETFs and 2,000 mutual funds as well as all major cryptocurrencies. The broker offers a large universe of ETFs adhering to environmental, social and governance (ESG) criteria and tracking socially responsible investments (SRI). Besides the sustainable ETFs, a large variety of equity ETFs, dividend ETFs and commodity ETFs round out the offer of the Scalable Broker, making it truly a one-stop platform for both experienced and new investors.
All ETFs, a selection of the most popular stocks and mutual funds as well as the cryptocurrencies are eligible for savings plans. The savings plans can be set up starting from an amount of just 1 euro, with no order fee.
Furthermore, Scalable Capital is continuing its path to becoming the leading digital investment platform across Europe. Investors in France, Spain, Italy and Austria now also have easy, low-cost access to trading and savings plans in stocks, ETFs and cryptocurrencies. The company thus already reaches 60 percent of the population in the European Union.
Scalable Capital offers all order types (market, limit, stop, stop limit order) free of charge, as well as extended trading hours (08:00 to 22:00), 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 to suit different client needs: The FREE Broker offers commission-free savings plans on ETFs, stocks, funds and commission-free trades in over 700 PRIME partner ETFs (iShares by BlackRock, Invesco and DWS Xtrackers). Orders in other instruments start at just 0.99 euro. The PRIME Broker includes all perks of the FREE Broker plus a trading flat rate with an unlimited number of trades for a monthly fee of 2.99 euro.
Scalable Crypto (incorporated in the broker dashboard) offers easy, affordable and secure access to crypto investments via regulated European stock exchanges. What's unique about Scalable’s crypto offering is that it combines the security of trading on a regulated exchange with physically-backed exposure to the cryptocurrency asset class. There is no need to open a separate wallet or pay for the costly secure custody of the digital coins. The cryptocurrencies are simply held in the form of securities on the customer's existing brokerage account.
About Scalable Capital
Scalable Capital is a leading digital investment platform in Europe that makes investing easy and affordable for everyone. With the Scalable Broker, clients can trade stocks, ETFs, funds, cryptocurrencies themselves and build their own portfolios. They can have their investments professionally managed via the digital wealth management service (soon available in the Netherlands). More than 600,000 clients already use the services.
Scalable Capital was founded in 2014 and is already active in Germany, Austria, France, Italy, Spain, the Netherlands and the UK. The investment firm, which is supervised by BaFin and the Bundesbank, has more than 10 billion euros on its platform. In addition to its business for private clients, the company operates B2B solutions. Its long-standing partners include ING, Barclays Bank in the UK, the robo-advisor Oskar and the Santander Group in Spain. Scalable Capital employs more than 400 people at its offices in Munich, Berlin and London. Together with the founding and management team around Erik Podzuweit and Florian Prucker, they strive to empower everyone to become an investor.
For further information, please visit: https://nl.scalable.capital/newsroom
Ina Froehner, Head of Communications