Secured loan at Scalable Capital
Simple and fast financing with Credit
Lend money on securities from your brokerage account - at fair conditions*. Use Credit in a flexible way to trade or pay out - repay at any time.
*Quarterly interest only with use: 3-month Euribor® + 3% p.a. (6.93% p.a. variable borrowing rate, as of February 2024). Note the risk of credit-financed investments. Credit offer of Baader Bank AG, Weihenstephaner Str. 4, 85716 Unterschleissheim, mediated by Scalable Capital. Only available in connection with ICLSWISS Broker account and up to €100,000.
Your money earns more - with PRIME+.
You can easily use Credit for trading or payout and repay it at any time without any fees. Start with as little as €1,000 portfolio value, up to a maximum of €100,000.
- Fair conditions: Interest only on usage, no additional fees
- Flexible use: Trade or pay out, pay back at any time
- Easy to apply: Comfortably online in the Scalable Broker
- Quick assessment: During banking hours within a short time
- Direct overview: View your status in the app and on the web at any time
Note the risk of credit-financed investments. Credit offer of Baader Bank AG, Weihenstephaner Str. 4, 85716 Unterschleissheim, mediated by ICLSWISS Capital.
Good to know
- Interest rates are variable and rise when market interest rates increase - measured at the interbank interest rate 3-month Euribor® plus 3% p.a.
- The securities serve as collateral for the amount borrowed. If their value falls, the total credit line is reduced accordingly.
- If the credit limit is overdrawn (e.g. due to a decline in the value of the collateral), the credit must be reduced accordingly by depositing money or selling securities. This may be associated with price losses (incl. total loss).
- You can get an overview of the credit conditions at Scalable at any time in the app or on the web in the credit tab. If you have any questions, please contact our customer support team.
Use credit intraday interest-free
Get extra liquidity now with the deposit credit in the Scalable Broker and use Credit intraday even free of charge.
Use Credit and lend on existing securities account in the Scalable Broker
Repay the borrowed amount* on the day of use
Pay no interest
*Pay attention to the fact that securities sold at a profit may be subject to final withholding tax. Be aware of special risks of same-day transactions.
Apply for a secured loan in just a few steps: This is how it works
1
Open a brokerage account
Log in or open a Scalable Broker account free of charge.
2
Apply for Credit
In a few steps directly in the credit tab, starting from €1,000 portfolio value.
3
Open a brokerage account
Credit amount is flexibly available for trading or payout.
Frequently asked questions
Limit order: With this order, a limit price can be defined. The order will only be executed at this predefined price or better. This way, you can protect yourself against sudden price jumps. Due to the limit, there is a possibility that the order can be executed partially or not at all. The limit order is valid for 360 days. During this period, it can be cancelled at any time, provided that not all ordered items have been executed.
To adjust a savings plan, click on the security with the savings plan that you want to adjust. On the overview page of the security, click on the current savings plan displayed below the chart (in the app) or on the top right of the screen (in the web browser). Change your desired amount, execution date, frequency and inflation adjustment and click on "Set up savings plan" to confirm.
To adjust the execution date and frequency of a savings plan, click on the security with the savings plan that you want to adjust. On the overview page of the security, click on the current savings plan displayed below the chart (in the app) or on the top right of the screen (in the web browser). Change the execution date and frequency, and click on "Set up savings plan" to confirm.
To suspend a savings plan, click on the desired security. On the overview page of the security, click on the displayed savings plan, e.g. "50 euros monthly". If you are in the mobile app, your savings plan will be displayed below the chart, in the desktop version you will find it at the top right. Click on "Delete savings plan" here to deactivate the savings plan. A very short-term deactivation of a savings plan may no longer be processed. Of course, you can reset the savings plan at any time.
To add or remove inflation adjustment, click on the security with the savings plan that you want to adjust. On the overview page of the security, click on the current savings plan displayed below the chart (in the app) or on the top right of the screen (in the web browser). Add a percentage value by which the savings plan rate should increase over time or click on “Inactive” if you would like to remove it and click on "Set up savings plan" to confirm.
If you are liable to pay tax in Germany, you will receive an annual tax certificate for your securities account and your clearing account, on condition that you have carried out tax-relevant transactions in the year.
This will usually be provided to you electronically for the respective past year by the end of April of the following year. You will find it in the mailbox of your Scalable client area.
If you're using our wealth management with securities account management via ING, you will receive your annual tax certificate by the end of April in your mailbox in ING's internet banking.
With an exemption order, you instruct your bank to exempt accruing investment income from automatic tax deduction. Without this order, the bank will pay 25 % capital gains tax as well as 5.5 % solidarity surcharge and, if applicable, church tax to the tax office.
The statutory maximum limits for an exemption order of an individual are 1,000 euros and 2,000 euros for a joint exemption order of a married couple or registered partner.
To set up or change an exemption order, please log into your personal client area on our website and open the "Profile" menu item. In the "Taxes" section, you can set up or change your exemption order.
Please note: In the case of a joint exemption order, the maximum amount of 2,000 euros may not be split between both accounts, as the custodian bank would otherwise be unable to process the orders. The joint exemption order can only be set up on one account and will also be applied to the spouse's account in the Baader Bank system.
An exemption order that has been set up applies to all your business relationships with the custodian bank. For example, if you have asset management with us and securities account management with Baader Bank, the exemption order set up for this will also apply to Scalable Broker and other relationships with the custodian bank. The display in your personal client area shows you the entire exemption order deposited with the custodian bank.
Please submit your exemption order before the end of the current year. Exemption orders are always valid from 1 January of the current year or from the beginning of the business relationship.
You have the choice between three plans:
FREE Broker:
All savings plans on shares, ETFs and other exchange-traded products (ETP) as well as buys with an order volume of 250 euros or more in all products of our PRIME partners Invesco, iShares by BlackRock and DWS Xtrackers (Xetra trades excluded) are free of charge1. For all other trades on gettex, order fees of 0.99 euros apply1. For sales of PRIME ETFs, fees of 0.99 euros are charged in the FREE Broker1.
PRIME Broker:
For 2.99 euros per month (billed annually at 35.88 euros), in addition to savings plans without order fees on shares, ETFs and other exchange-traded products (ETP), you receive an unlimited number of trades on gettex without order fees from 250 euros order volume1. Trades below 250 euros cost 0.99 euros on gettex1. With the PRIME Broker, Crypto ETPs are subject to a reduced spread surcharge (see below) in trading and in the savings plan. You also receive better conditions for real-time payment with Instant (0.69 %). You can also create as many portfolio groups and price alerts as you wish.
PRIME+ Broker:
With PRIME+ Broker, you enjoy all the benefits of PRIME Broker with flexible monthly payments of just 4.99 euros per month, plus interest on uninvested balances up to 100,000 euros on your clearing account (2.6 % interest p.a.)2
You can change to another broker plan at any time free of charge. View all fees per price model.
Regardless of the model you choose:
Gettex trades:
All trades on gettex below 250 euros are charged with 0.99 euros order fee. This applies to all our broker plans1.
Can I trade fractions?
Which order types are available?
How can I adjust or cancel a savings plan?
Will I receive a tax certificate at the end of the year?
How can I set up or change my tax allowance?
What are the total costs of the Scalable Broker?
You have the choice between three plans:
FREE Broker:
All savings plans on shares, ETFs and other exchange-traded products (ETP) as well as buys with an order volume of 250 euros or more in all products of our PRIME partners Invesco, iShares by BlackRock and DWS Xtrackers (Xetra trades excluded) are free of charge1. For all other trades on gettex, order fees of 0.99 euros apply1. For sales of PRIME ETFs, fees of 0.99 euros are charged in the FREE Broker1.
PRIME Broker:
For 2.99 euros per month (billed annually at 35.88 euros), in addition to savings plans without order fees on shares, ETFs and other exchange-traded products (ETP), you receive an unlimited number of trades on gettex without order fees from 250 euros order volume1. Trades below 250 euros cost 0.99 euros on gettex1. With the PRIME Broker, Crypto ETPs are subject to a reduced spread surcharge (see below) in trading and in the savings plan. You also receive better conditions for real-time payment with Instant (0.69 %). You can also create as many portfolio groups and price alerts as you wish.
PRIME+ Broker:
With PRIME+ Broker, you enjoy all the benefits of PRIME Broker with flexible monthly payments of just 4.99 euros per month, plus interest on uninvested balances up to 100,000 euros on your clearing account (2.6 % interest p.a.)2.
You can change to another broker plan at any time free of charge. View all fees per price model.
Regardless of the model you choose:
Gettex trades:
All trades on gettex below 250 euros are charged with 0.99 euros order fee. This applies to all our broker plans1.
Xetra trades:
For order execution via the Xetra stock exchange, all clients incur a fee of 3.99 euros per trade plus a trading venue fee (0.01 % of the order volume, min. 1.50 euros), regardless of the pricing model1.
Crypto spread surcharge:
In addition to the above fees, the spread surcharge applies for each execution of a savings plan or trade in a crypto ETP. This amounts to 0.99% of the executed savings plan or order volume for FREE Broker clients or 0.69% of the executed savings plan or order volume for PRIME Broker and PRIME+ Broker clients1.
Any spread surcharges incurred will be displayed to you under "Cost information" prior to the placement of trading orders or when setting up or changing a savings plan.
Product costs for crypto ETPs
Ongoing product costs are incurred for trading in crypto ETPs1.
Real-time payments via Instant:
Real-time payments via Instant cost 0.99% in the FREE Broker model, and only 0.69% of the deposit amount in PRIME Broker and PRIME+ Broker. The following applies to every deposit: From 5,000 euros, every additional euro is free of charge.
There are no additional costs such as securities account fees, flat-rate third-party fees, or issue surcharges.
Please note: There is a reference in the client documentation to an administration fee of 0.75% p.a. This refers exclusively to our separate product, "wealth management." If you only use our broker, this fee is not relevant for you.
View list of all possible fees of the Scalable Broker by model.
1 PRIME Broker / PRIME+ Broker: 0 euros for trades from 250 euros volume, below 0.99 euros.
FREE Broker: 0 euros for purchases of PRIME ETFs (all ETFs from Invesco, iShares, Xtrackers) from 250 euros volume, 0.99 euros for other trades.
All broker plans: 0 euros for savings plan executions. Product costs, spreads, inducements and crypto fees may apply. Learn more.
2 Conditions apply scalable.capital/interest
You are welcome to transfer your portfolio to Scalable Broker. You can find all information here .
Securities account transfers initiated by your house bank cannot be accepted. Please note that it may take several weeks until the entire process of the transfer is complete.
You will select an amount for your initial deposit during the registration process. This amount must be at least 1 euro. Your available balance can be paid out in full or in part at any time. A high deposit is recommended in order to be able to start trading stocks, ETFs and funds immediately.
The registration is completed online and only takes a few minutes. Registration via iOS or Android mobile app is also possible. You then identify yourself using the POSTIDENT identification procedure of our partner Deutsche Post (this step is not necessary for you if you already use our wealth management service with securities account management at Baader Bank).
The account opening by the custodian bank usually takes up to three working days. As soon as your securities account has been opened and the initial deposit has been made, you can start trading.
Orders can be placed on gettex, a stock exchange of Bayrische Börse AG, or Xetra, operated by Deutsche Börse AG. In principle, neither brokerage fees nor exchange fees are charged on gettex1. The public law structure guarantees the neutrality that is indispensable for safeguarding the interests of market participants, investors, and issuers.
The order fee is 3.99 euros per order, also in the PRIME Broker or PRIME+ Broker1.
In addition to that, there is a trading fee for Xetra. For Scalable Broker this is only 0.01 % of the executed volume (minimum 1.50 euros). The trading venue fee covers all third-party costs for trading and settlement. The settlement is carried out by the custodian bank.
1 Product costs, spreads, inducements and crypto fees may apply. View overview of all costs.
On gettex, you can usually trade ETFs, shares, and funds Monday through Friday from 8 a.m. to 10 p.m. Stock exchange holidays are excluded. You can find gettex's trading calendar here.
On Xetra, you can trade Monday through Friday from 9 a.m. to 5:30 p.m. Stock exchange holidays are excluded. You can find Xetra's trading calendar here.
On trading days, the Scalable Broker allows orders to be placed around the clock. From 12:15 a.m. to 11:30 p.m., you can place or cancel orders in our app or online by logging in to your Scalable Capital account. Stop and limit orders created outside trading hours are executed at the next possible time during trading hours. Market orders are generally only valid for the day on which they are created. If they are created before the opening of the stock exchange, they are executed at the next possible time during trading hours. Market orders placed after trading closes expire.
Please note that different trading hours may apply to certain derivatives. You can find further information in the “Key Investor Information Document” or on the providers’ websites.
In principle, all ETFs, shares and funds that are traded on the gettex stock exchange are available to you.
Additionally, you can trade more than 375,000 derivatives by Goldman Sachs, HSBC and HypoVereinsbank onemarkets. You can easily find out whether a security can be traded by using the search function of the broker screen in our app or online. Simply enter the name, the security identification number (WKN), or ISIN.here.
You can also buy registered shares via Scalable Broker. The custodian Baader Bank will take care of the registration for you. You will not incur any costs for the registration performed by Baader Bank.
You can trade more than 375,000 derivatives in Scalable Broker. You can choose between derivatives by Goldman Sachs, HSBC or HypoVereinsbank onemarkets. To be able to trade derivatives, you have to successfully conduct the suitability test. This test is designed to assess your knowledge and experience with regards to derivatives. This is required since trading in derivatives can result in high and quick losses.You can check the availability of a specific derivative with our Derivatives Search.
In the Scalable Capital Broker, you have various financial products at your disposal with which you can invest in the gold market. For example, you can invest in ETCs that invest in physical gold.
In the Scalable Broker, you can also trade fixed-income bonds as well. We will gradually expand our bond offering.
New initial public offerings (IPOs) can currently not be subscribed to via the Scalable Broker. We make every effort to ensure that shares can be listed on gettex and traded via our platform on the first trading day following a successful IPO.
You cannot buy fractions directly. However, with all savings plans we also buy fractions of ETFs for you so that your savings amount can be fully invested. As long as your savings plan is active, these fractions are repeatedly combined to form whole number securities.
If you want to sell a security that has been saved and therefore contains fractions, you can of course also sell the resulting fractions again. Please note that no individual fractions can be sold, but rather the entire position must be sold.
There are risks associated with investing. The value of your investment may fall or rise. Losses of the capital invested may occur. Past performance, simulations or forecasts are not a reliable indicator of future performance. Please refer to our risk information.
For new clients: 4% p.a. interest (Baader Bank) on up to €1 million for 4 months. Thereafter 2.6% p.a. variable interest on up to €100,000. Interest only with ICLSWISS+. Learn more.
Swiss Investment corporation limited
City Tower ( Al Madina Tower) Floor 16
Khalid Ibn Al Waleed Street Sharq Kuwait
P.O.BOX 26635, SAFAT 13127
Copyright © Swiss Investment corporation limited | All rights reserved.
Risk Warning: trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Read our Risk Disclosure.
Swiss for Direct Trading in Currencies,
Metals and Commodities is licensed
from Ministry of Commerce and
Industry of Kuwait, License number
89468/2002