Step by Step: Opening Your Depot at Scalable Capital Broker: Costs, Process and more details 🇩🇪

0€ Opening Cost, 0€ Yearly Cost and 0€ Cancellation cost and you cancel your Depot any time.

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DISCLAIMER: This video is only for educational purposes only and any opinions are my own entirely. Please do your own research and due diligence before making any financial decision. Some links may be affiliate links, using which we get a small commission without any additional cost to you which helps support the channel.

[adiseshanmula]

Hallo Bharat,
I have the following queries:
1. What are the documents required for identification and opening Depot in scalable or in any other depot such as Trade republic or Comdirect. (For a student just arrived to Germany)

2. If in case we leave Germany for any reason after studying and having some job experience (3/ 5 years) is then the investing possible ?
( What are the accounts / rules we have to maintain inorder to invest in world market. Do we then need to do currency conversion ?)

3. Is it safe to open a depot in scalable as it started in 2014. Or just have another reliable depot in Trade republic / Comdirect/ etc.

4. Please explain a bit more (if possible in any videos) about the stocks which give monthly dividends

Please make a video covering these in detail.

Thanks a lot. It's very helpful for many students out there.🙏

[tvtv]

Hi Bharat, Can you really confirm whether SC opens an account with indian passport and German Aufentaltstitel as we are tired of the account opening process and none of 3 options from PostIdent seem to be accepting these documents. This is also evident from the other comments in this section. All the points you mentioned in the video are useless if we are not eligible to open an account as Auslander in Desutschland..
Thanks!!

[vinugholap]

Hello Bharat. I stay in Beligum and have a valid Belgian residence permit and Indian passport. How can I proceed with the identity verification? Because using the PostIdent, both the documents are not accepted. Also there is no Deutshce post in Belgium obviously. Thanks!

[massi_shahnezhad]

hi Bharat,
is it better i work with my home bank or should i open another bank account? which bank is better in Germany?

[sridharalagar]

Hi Bharath, Does they provide Margin or we only allow to do what we invest

[NizarGHRIBI]

Great video. I'm just worried about taxes as it can get complicated. How does it work with Scalable? Do you have a video about paying taxes on investments?

[tewodorll]

You mean we oblige to have "Postident" ?

[softwarechef]

Hi Bharat, I have my blue card. can i start investing or I need to get PR ?

[manthoskourtis]

Hello Bharat

Assuming you invest to an ETF with scalable capital for 10 years.
I have two questions:
Except the etf costs, what are the total costs for the broker/depot? do you pay something to them annually?

and secondly, in case after 10 years you want to leave Germany without closing your broke account, and you move let’s say to Romania and continue investing for another 10 years.
The after the total 20 years investments, you have to pay taxes for your capital gains. Where you will be taxed?

[sehamalsaadi]

thanks a lot man! I like the way you explain things. I am looking for real investment (not with leverage); do you have a vedio about that. I got to know that Scalable Capital has both options. Regards from Turkey (coming soon to Germany)!

[louisangbobonifance]

Hi
can i trade with mt4 in this brooker

[mahantparekh]

Hi Bharat,
I tried several times to do postident at SC, but it gets decline. Any idea why,
I tried online, video and post Filiale. But not working. I received new postident link from SC but its also not working. They say abgelassen. What to do? What could be the reason?

[AAhmed]

dear bro, pls guide, can we invest without interest earning? many thanks

[abb]

Hey Bharat, I am starting as a noob. What type of a bank account do we need to start. I have a savings account in Deutsche Bank. Can I use this with scalable capital or do I need to open a current account ?

[ichbincarlo]

Hallo Bharat, I'm living here in Germany I downloaded the app but it it tells that is not available the services in the country. Germany is not on the list of the country you choose. Pls help me

[kulinonlineonutube]

Hi Bharat this is great stuff! I am Indian citizen with a bunch of Euros sitting in a N26 account & wondering if it's even possible to open a trading account there to make use of the funds. I did work in Germany for couple years on the blue card but that was few years ago.

[dreisergon]

Does Scalable sends the information to Finanzamt directly like the other German brokers?? Thanks in advance

[dexterkuaji]

Hello Bharat, on Scalable Capital website they say: "Bei Scalable Capital können Sie ab einer Anlagesumme von 10.000 Euro ein ETF-Portfolio mit optionalem monatlichen Sparplan ab 50 Euro eröffnen. Die Sparpläne sind natürlich flexibel, die monatlichen Einzahlungen können jederzeit geändert oder auch pausiert werden." What does it mean? Should you first transfer ten thousand Euros into your depo in order to have the free spar plan? or does it mean that those who are gonna invest 10.000 Euros have an extra option to open a free Sparplan ? Could you please share your understanding on this? Thanks alot!

[ProffsideFootball]

Thanks for the great video bro! I have a question though. I tried downloading the app.However, I AM NOT ABLE TO DO SUCCESSFULLY TO THE ID PROOF STEP by Post ident.
Do they not recognise an Indian Passport?? Apparently, it’s not good enough? I even tried going to the DP branch but in that didn’t help

[alexeitujikov]

With prime broker, if order is less than 250euro and I pay 0.99, is it deducted from 36euro I pay for prime account yearly?