How is my cash allocated?

The PRIME+ Broker cash balance is distributed across Scalable Capital Bank and partner banks. The distribution also takes into account the balance held by Scalable Capital at the respective bank, as well as the respective statutory deposit guarantee of €100,000 per customer and bank and any supplementary protection schemes. We distribute all other cash balances, in addition to those held at Scalable Capital Bank, across partner banks and qualified money market funds. These rules can be changed with timely prior notice.

We exercise the necessary care and diligence when selecting, commissioning and regularly monitoring partner banks and qualifying money market funds. As part of our due diligence, we continuously review the need for allocation to various partner banks and/or qualifying money market funds. In doing so, we take into account the available capacities at the partner banks, the respective conditions of the partner banks and qualifying money market funds, your deposits and withdrawals, your trading activity as well as taxes and fees. This means that you can carry out all transactions regardless of how your cash is distributed. The distribution of your cash balance can vary accordingly and is not subject to a fixed ratio. This can also mean that your cash balance is only held at a partner bank or only at a qualifying money market fund.

You can view the distribution of the cash balances in your Scalable account in the monthly account statement and at any time in your app or on the web.