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Scalable Capital surpasses one million ETF and stock savings plans 

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European investment platform Scalable Capital has seen the number of savings plans used by its clients exceed one million and writes that this milestone demonstrates how popular Scalable Capital’s commission-free savings plans, and highlights their relevance for long term retirement provision. 

The firm says that they enable clients to build wealth for retirement with small monthly investments and zero commission on all ETFs as well as a wide range of stocks and funds. 

“Particularly with regard to retirement planning and the often long-time horizons associated with it, it makes sense to invest part of one’s wealth in ETFs and stocks. This has evidently become more and more clear to decision makers in politics, as they aim to incentivise investing. However, private pension provision and investing will continue to be essential to close the pension gap,” says Erik Podzuweit, Founder and co-CEO of Scalable Capital. 

Even at a time of high global uncertainty and market volatility, people across Europe are opening new savings plans, thereby showing a strong commitment to long-term investing in capital markets, the firm says. “Against the backdrop of rising inflation rates and the widening pension gap, easy and affordable investment offerings like those from Scalable Capital are essential for retail clients. Investing is the new saving” says Podzuweit. 

Commission-free savings plans with small amounts make investing attractive, the firm says. 

Scalable Capital has continuously expanded its offering in order to make investing accessible to everyone. Clients of the Scalable Broker can start saving from one Euro into all ETFs available on the German market, as well as a wide range of stocks and mutual funds  – all with zero commissions. 

With “Scalable Wealth” – a digital wealth management offer that is so far only available in Germany and Austria – clients can set up an individual and automatically managed ETF portfolio with EUR20 a month and no initial minimum investment. These low barriers to entry make investing attractive for everyone – regardless of age, living situation or income level. 

According to a recent analysis of clients’ behaviour, every second customer of Scalable Broker invests regularly via a savings plan, the firm says. On average, investors have three savings plans and invest around EUR470 per month. More than 90 per cent is invested in ETFs and just under 10 per cent in individual stocks. The largest group of investors is between 26 and 35 years old, at around 43 per cent, followed by the 36 to 45 age range. The most popular investments among clients are ETFs that track a broad index, such as the MSCI World.

The Scalable Capital platform offers customers a product universe of more than 7,500 stocks from all major indices globally, over 2,400 ETFs from more than 30 available issuers and a wide selection of actively managed funds without initial charges to trade or invest. Investors can choose between five execution frequencies – from monthly to annually. Payment is commission-free via SEPA direct debit, the firm explains. 

With nine execution dates to choose from per month, users can set their payment based on their incoming salary. They can pause or adjust the savings plan amount any time as well as the frequency without any additional charges. In addition, there is an option to automatically adjust the savings amount in line with inflation.

Scalable Capital’s Chief Investment Officer, Christian Groll, was included in this year’s ETF Express Global Outlook for ETFs.

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