Scalable Capital

Editorial assessment

In comparison to the crypto exchange, Scalable Capital is a German broker with crypto ETPs in the securities portfolio - not a native spot crypto exchange with wallet payout. Exposure runs through exchange-traded products, not through coins on your own address. If you want to pay out real coins, compare brokers with native crypto custody, not ETP depots. The distinction is central to expectations of self-custody and on-chain usage.

The app, recurring investment plan and multi-asset portfolio bundle stocks, ETFs and crypto ETPs under one interface. BaFin supervision of the bank entity is documented; MiCA status for crypto related is unclear. There is no payout to your own wallet - this is not a bug, but rather product logic of the ETP structure. API and derivatives in the sense of futures/perps are missing from the crypto catalog in this area. Orders concern Crypto ETPs, not a native spot order book.

According to documented fee logic, FREE costs EUR 0.99 Flat plus 0.99% Crypto Spread — an all-in scenario, not just an isolated order fee. ETP holding period, spread, order fee and deposit conditions are included in the same calculation. Native tax report supports portfolio documentation; it does not replace advice. Counterparty risk and issuer risk of ETPs differ from spot custody. SEPA deposit is provided; PayPal is missing. PRIME+ conditions may differ from the FREE all-in scenario and should not be implicitly equated.

The curated one Direct comparison Bitpanda vs Scalable Capital keeps the deposit, fee logic and tax workflow of the two platforms side by side - without an overall grade.

For native crypto with wallet payout is suitable BISON. The characteristics table shows the ETP model, lack of own wallet payout, recurring investment plan, BaFin reference and the all-in cost model clearly separated - without an overall rating and without a ranking.