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Kids' accounts

Administration & Access

Can an existing Kid’s account be transferred to Scalable?

Can I trade complex instruments in the Scalable Broker for kids?

Can I transfer securities from my own account to the Kid’s account?

Can other people pay into the Kid’s account?

Can the child manage their account themselves?

Do all legal guardians have access to the Kid’s account?

Do I still have access to the Kid’s account when my child turns 18?

Will the child inherit my PRIME + subscription?
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Scalable Capital Bank GmbH
Seitzstraße 8e, 80538 München
Responsible supervision: BaFin, Deutsche Bundesbank

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*2% p.a. interest (variable) on Broker cash balances unlimited in PRIME+ and up to €100,000 in FREE. The interest rate is based, among other things, on the respective market rate. The allocation of cash balances is variable and takes into account available capacities, conditions and client activity. Balances at banks are protected up to €100,000 per client per bank under the statutory deposit guarantee scheme. For qualifying money market funds, instead of the statutory deposit guarantee scheme, European investor protection rules (UCITS) apply regardless of the amount.
Please note our risk information on the safekeeping of cash balances. Further information on interest is available here.