Scalable Capital Expands Online Broker and Crypto Offering in Austria

Scalable Capital, a leading digital investment platform in Europe, launches its online broker and crypto offering in the Austrian market. With "Scalable Broker" and "Scalable Crypto" the company introduces convenient and cost-effective trading in more than 6,000 stocks, 1,500 exchange traded funds (ETFs), 2,000 mutual funds and 375,000 derivatives. Moreover, Austrian clients can invest in all major cryptocurrencies and set up savings plans on stocks and ETFs without commissions.

"Digital wealth management facilitated the investment process for retail clients also in Austria radically. Now, with the Scalable Broker they can tailor their portfolio even more individually or invest in cryptocurrencies", says Florian Prucker, Co-Founder and Co-CEO of Scalable Capital. "Anyone thinking about investing should think of Scalable Capital."

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Clients of the Scalable Broker can invest cost-effectively in stocks, ETFs, cryptocurrencies, mutual funds and derivatives. The company offers different pricing models to suit every investor.

A variety of features like extended trading hours (08:00 to 22:00), free real-time price data, price alerts and many more supports the users in their investment decisions. They are united in a modern and intuitive interface on web and mobile apps (iOS and Android).

Scalable Crypto offers easy, affordable and secure access to crypto investments via the stock exchanges XETRA (Deutsche Börse) and gettex (Börse München). There is no need to open a separate wallet or pay for the costly secure custody of the digital coins. 

"Half of the people under 30 in Austria consider stocks to be an interesting form of investment in principle," says Florian Prucker. "Yet, the savings are often just kept in the bank account and lose value over time. Only one in ten Austrians invest their money in stocks - this needs to change. We make investing as easy as possible for investors."