![]() Step 1: Signing up with Scalable Capital using your Email ID We have got it covered! All you have to do is scroll through for a detailed, step-by-step guide on how to open your Depot with Scalable Capital. I am willing to open a Depot with Scalable Capital. ![]() Enquiring about their service as an offer from a foreign provider.You have a current account that is held with a credit institution based in the SEPA area.You do not have a place of residence in Switzerland.If you are not taxable in the USA (not a “US person” under US tax law).However, you can still open an account with Scalable Capital, even if you do not live in Germany and would still like to use the broker, and you simply have to fulfil the following conditions: Scalable Capital’s aims their services at people residing in Germany (both natives and expats!). How do I know if I am eligible for a Depot with Scalable Capital? With a quick Registration process, and a user-friendly interface, Scalable Capital is the best place for you to open your Depot in Germany. It is a low-cost investment broker you can use to start your Depot account at the convenience of your mobile phone! Furthermore, You can open a Depot for FREE, and frequently do transactions with low transaction cost. Scalable Capital is a German Online trading platform that allows you to buy or sell Stocks and ETFs. What is Scalable Capital? Why should I open my Depot with Scalable Capital? And especially for Expats in Germany, you can earn a strong rate of return on the money that would otherwise be losing its value, sitting idle in a bank. In fact, if you wish to invest in a company directly rather than frequent trading, a Depot account is very convenient for you to invest and keep track of your portfolio. You need a Depot account because it enables you to trade stocks and index funds frequently, because it has low transaction costs. It is also referred to as a Wertpapierdepotkonto (Securities Deposit Account). ![]() Step 4: Identity Verification with PostidentĪ ‘Depot’, short for ‘depository account’, is a German financial account held with an institution where your financial instruments such as stocks, ETF, Funds etc., are deposited.Step 3: Personal Information and First Deposit with Scalable Capital.Step 2: Choose a Broker Plan for your Depot at Scalable Capital.Step 1: Signing up with Scalable Capital using your Email ID. ![]()
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