N26 Trading vs Scalable Capital

Fees: Both are BaFin-regulated German neobrokers with a very low entry barrier — N26 from a €1 minimum deposit, Scalable Capital from €0. N26 trades stocks and ETFs from €0.90 per trade, with 10 free trades per month included in the Metal plan. Scalable Capital bills via the PRIME+ flat rate (€4.99/month, unlimited trading) or €0.99 per trade on the FREE Broker and offers free ETF savings plans. For regular traders, Scalable's flat-rate model is attractive; for N26 banking customers, the Metal plan.

Products: Here Scalable Capital is markedly broader: over 7,800 stocks, 2,500 ETFs plus funds, cryptocurrencies and derivatives, along with an integrated robo-advisor. N26 deliberately limits itself to stocks and ETFs with fractional shares and, per the data, is very limited in stock selection; the trading feature is still in development. Neither offers options.

Platform, profile and verdict: N26 (rated 3.7/5, founded 2013 in Berlin) integrates trading directly into the N26 banking app and targets existing customers who want to invest occasionally without a second app. Scalable Capital (4.4/5, founded 2014 in Munich) trades via gettex/Xetra and offers more features for active investors through its app and web platform. Those who want to bundle banking and simple investing in one app choose N26; those seeking a broad product range, a flat-rate model and a robo-advisor are better served by Scalable Capital.