Benefit from savings plans from €1, trading flat rate and interest (Baader Bank) with the ICLSWISS Broker.
There are risks associated with investing.
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.
build their wealth with Scalable
in client assets
Top-rated app
Custody of securities with a German custodian bank
Benefit from interest and trading flat rate now. Start now
Trading flat rate: Unlimited trading of shares, ETFs, funds and derivatives
Trading flat rate: Unlimited trading of shares, ETFs, funds and derivatives
Trading flat rate: Unlimited trading of shares, ETFs, funds and derivatives
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.
Discover all ways to benefit from interest with Scalable. In addition to overnight money, bonds and ETFs offer a good and simple way to benefit from interest.
Interest
On your cash
Bonds
Secure current interest rates for 1-3 years
Interest
Basket of corporate and government bonds with fixed terms
Interest
Benefit from current interest rates
Interest
Sit back and automatically profit from interest
Interest
4.0% p.a.1
Up to 4.4% p.a
Up to 4.1% p.a. (euro) or 5.8% (dollar)2
Up to 3.908% p.a. (€STR, status: January 2024)
Target return 3.8% p.a.3
Selection of securities
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DE000GQ617Z3
DE000GQ61804
DE000GQ61812
DE000GQ617Z3
DE000GQ61804
DE000GQ61812
DE000GQ617Z3
DE000GQ61804
DE000GQ61812
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Term
Unlimited
Depending on the product (1-3 years)
Depending on the product (2-5 years)
Unlimited
Unlimited
Availability
PRIME+ Broker
Tradable in all Scalable Broker price plans (FREE, PRIME, PRIME+)
Unlimited
In Scalable Wealth
There are risks associated with investing.
1 4.0% p.a. interest for four months. Variable interest on up to €1.000.000. Thereafter 2.6% p.a. Interest offer with PRIME+. Account with Baader Bank AG. Variable interest on up to €100.000. Learn more.
2 Note currency risk. Learn more.
3 The target return is variable and depends on market developments. It was calculated on the basis of the portfolio components’ return as of 5th February 2024. The ETF costs (0.13% p.a.) and wealth management/trading fees (0.75% p.a.) will have a yield-reducing effect. Expected returns are forecasted and do not represent a reliable indicator of future performance.
Yes, all existing PRIME+ Broker clients (formerly PRIME Broker flex, with monthly payment) will automatically receive interest on their cash up to €100,000 from 1 February 2023.
If you do not yet use the PRIME+ Broker, simply change the broker model in the customer area under "Products" and benefit from the interest. The interest is calculated on a daily basis and paid out quarterly to the clearing account.
Switching from the PRIME Broker (with annual payment)? No problem, the annual fee already paid is automatically refunded proportionately.
There is no minimum holding period, the interest offer is available daily. Interest is calculated – starting 1 February 2023 – to the day and paid out quarterly.
Balances are held by Baader Bank AG and are protected by the German EdB deposit protection scheme up to a deposit amount of €100,000 and beyond that by the Deposit Protection Fund of Private Banks (BdB). Further information on the scope of protection provided by the Deposit Protection Fund can be found here.
For only €4.99 per month, PRIME+ offers the highest interest rates1, trading without order fees2, unlimited savings plans and many helpful features. You always keep an overview with portfolio groups, recognise adverse price movements early on with price alerts and can calculate the execution probabilities of limit or stop orders with "Smart Predict".
1 Starting 01/02/2023 for PRIME+. Cash account at Baader Bank AG. Variable rate up to €100,000. Learn more
2 €0 for trades starting from €250 order volume, below trades cost €0.99. €0 for savings plan executions. Product costs, spreads, crypto fees and /or inducements may apply. Learn more.
The interest in the Scalable PRIME+ Broker is calculated – starting 1 February 2023 – to the day and paid quarterly to your clearing account. Your cash is held with the German custodian bank, Baader Bank AG, and is subject to German deposit protection.
Like dividends or profits from the sales of securities, interest payments are considered investment income and are subject to a final withholding tax. This is paid automatically. The respective taxes are withheld by the custodian bank and forwarded to the tax office, taking into account exemption orders and loss pots, if applicable.
This only applies to persons who are liable to pay tax in Germany. Persons who are liable to pay tax outside Germany are obliged to determine and pay the applicable taxes themselves. Please note that Scalable Capital does not provide tax advice in this regard. If you have any questions regarding your individual tax situation, please contact your tax advisor or your tax office.
The amount of capital gains tax/solidarity surcharge paid on your behalf can be found in your personal client area. To do so, please log into your personal client area on our website, open the menu item "Profile" and click on "Taxes".
When will I receive the interests?
Balances are held by Baader Bank AG. In case of insolvency of Baader Bank, the balance of your clearing account is protected by the statutory deposit protection of the EdB up to a deposit amount of 100,000 euros (see details at www.edb-banken.de) and beyond that by the Deposit Protection Fund of private banks (BdB). Further information on the scope of protection of the Baader Bank by the Deposit Protection Fund can be found here.
In the event of insolvency of the custodian bank, you have a claim to surrender of your securities. These do not fall into the insolvency estate and are therefore also protected.
As a securities institution, Scalable Capital is not authorised to take possession or ownership of client assets. The assets of the clients are held in custody by our partner bank. In the event of Scalable Capital's insolvency, the client assets will therefore not fall into the insolvency estate of Scalable Capital GmbH.
Furthermore, Scalable Capital GmbH is assigned to the Compensatory Fund of Securities Trading Companies (EdW). The EdW can pay compensation if an institution is no longer able to fulfill its "liabilities from securities transactions" to its customers for reasons directly related to its financial situation (and BaFin has determined the case for compensation).
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 SWISSICL.
SWISSICL IS OWNED AND OPERATED
BY HIREX S BISHOP LTD
HEAD OFFICE ADDRESS
Enterprise House, Telford Road
Bicester, OX26 4LD
England,
SWISSICL IS OWNED AND OPERATED
BY HIREX S BISHOP LTD
GENERAL INFORMATION
The Registrar of Companies for
England and Wales
hereby certifies that
SWISSICL IS OWNED AND OPERATED
BY HIREX S BISHOP LTD