Summary: When comparing Trade Republic vs Scalable Capital, it is clear that Trade Republic is the superior asset broker in Germany.
Trade Republic offers more assets, lower fees and an overall better user experience for German investors. They also offer a wider variety of crypto-assets to invest in like Bitcoin, Ethereum, Solana and Avalanche.
.svg)
- Offers over 9,000 different Stocks, ETFs, Commodities and other assets (more than Scalable Capital).
- Licensed and regulated by BaFin in Germany.
- Offers Crypto-related ETFs and ETP to invest in digital assets.
Trade Republic vs Scalable Capital Overview
Trade Republic and Scalable Capital are both online brokers that offer investment and trading services. Both companies are headquartered in Germany and offer brokerage services in the European Union. Here is a comparison of some key features of the two companies:
- Fees: Trade Republic charges no commission on trades, while Scalable Capital charges a flat fee per trade. Trade Republic also charges a small annual fee for its premium service, which includes additional features such as personalized portfolio recommendations.
- Investment options: Both Trade Republic and Scalable Capital offer a range of investment options, including stocks, exchange-traded funds (ETFs), and mutual funds. Trade Republic also offers options trading and a selection of individual bonds, while Scalable Capital offers a robo-advisory service that uses algorithms to manage portfolios based on the investor's risk profile and goals.
- Account minimums: Trade Republic has no minimum deposit requirement, while Scalable Capital has a minimum investment of €10,000.
- Platforms: Both companies offer mobile apps and web platforms for accessing their services. Trade Republic's app is available on iOS and Android, while Scalable Capital's is only available on iOS.
Overall, Trade Republic and Scalable Capital are both well-regarded online brokers that offer a range of investment options and competitive fees. The choice between the two may come down to personal preferences, such as the type of investments you are interested in and the platform you prefer to use.
Available Markets & Assets
The most important aspect to consider when comparing brokerage platforms like Scalable Capital and Trade Republic is their available assets.
Trade Republic currently offers over 9,000 different Stocks, ETFs, Commodities, Mutual Funds and more. Their platform also offers derivative contracts, which allow investors to effectively hedge by going Long or Short different assets with leverage. Trade Republic also has a Crypto trading platform that allows investors to trade over 60 coins including BTC, ETH, SOL & AVAX.
Scalable Capital has fewer assets available when compared to Trade Republic with over 2,000 Stocks & ETFs available for self-directed trading. Scalable Capital does not offer derivative contracts and does not provide Crypto-asset trading. Investors can only get digital asset exposure through their platform via Crypto ETPs.
Winner: Trade Republic offers more Stocks, ETFs and alternative assets like Cryptocurrency when compared to Scalable Capital.
Trading Fees
Both Trade Republic and Scalable Capital offer mobile investing platforms with no commission fees. However, there are some differences in the other fees that they charge. For example, Scalable Capital charges a 0.75% annual fee on invested assets, while Trade Republic does not charge any annual fees.
This means that Trade Republic is the cheaper option when compared to Scalable Capital because they do not charge yearly management fees.
Security
Both Trade Republic and Scalable Capital use state-of-the-art security measures to protect their investors' assets. Scalable Capital is a member of the Investor Compensation Fund (ICF), which protects investors up to €20,000 in the event that the company becomes insolvent. Trade Republic is not a member of the ICF, but it does have insurance protection for up to €100,000 per customer.
Regulation
Both Trade Republic and Scalable Capital are regulated by the German financial regulator BaFin.
Crypto Products
Both Trade Republic and Scalable Capital offer exposure to digital assets through their platforms. However, the way in which they provide this exposure is different. Trade Republic has a dedicated Crypto trading platform that allows investors to trade over 60 coins including BTC, ETH, SOL & AVAX.
Scalable Capital does not offer direct Crypto trading but does have exposure to digital assets via Crypto ETPs.
Final Verdict
Trade Republic is the better overall trading platform for investors in Germany and Europe. Their platform offers the widest variety of assets with the lowest fees, and provide a slick and easy user experience for beginner and advanced investors.
Dylan Matthews is the Co-Founder and head of operations at Buy Bitcoin Bank, with a background in engineering and experience as a Prop Trader. He has leveraged his knowledge and skills to build and scale the platform, providing users with a seamless experience for buying and selling cryptocurrency.
