BSDEX vs Scalable Capital Comparison
BSDEX and Scalable Capital are practically level in our overall rating, 2.9 to 2.9 out of 5 points. On disclosed fees BSDEX is cheaper: 0.35 % instead of 0.99 % trading fee, which means € 3.50 instead of € 9.90 per €1,000 purchase. If you care most about usability, fees, and support, BSDEX has the better sub-scores, while Scalable Capital leads on features.
| 0.35 % | Fees | 0.99 % |
| € 3.50 | Minimum cost per €1,000 | € 9.90 |
| 10 | Cryptos | 32 (as ETPs) |
| SEPA Transfer | Payment Methods | SEPA Direct Debit, SEPA Transfer |
| Custodian of cryptocurrencies (Boerse Stuttgart Digital Custody GmbH) has a BaFin license. | Regulation | BaFin license as a securities institution |
Cost comparison
The basis is a Bitcoin purchase worth €1,000, calculated from the disclosed trading fee. A price markup in the spread is not included, because most providers do not publish it.
| € 3.50 | Minimum cost per €1,000 | € 9.90 |
| 0.35 % | Fees | 0.99 % |
| € 0 | Wallet transfer | – |
| Yes | Cost transparency | Yes |
| € 10 | Minimum Amount | € 1 |
| SEPA Transfer | Payment Methods | SEPA Direct Debit, SEPA Transfer |
On disclosed fees you pay €6.40 less at BSDEX per €1,000 purchase.
Pros & Cons
- All 10 cryptocurrencies trade directly against the euro
- Trading and custody under BaFin supervision, custody with Boerse Stuttgart Digital Custody GmbH
- Wallet transfer always free
- The advertised 0.20 % applies to maker orders only. Buying with a market order, which is the normal case, costs 0.35 %, that is 75 % more.
- Only 10 cryptocurrencies, far fewer than at large exchanges
- No savings plan and no staking available
- Only SEPA bank transfer as a payment method
- Two-factor authentication via SMS only, no authenticator app
- Weak app ratings: 1.5 stars on Google Play
- BaFin license as an investment firm headquartered in Germany
- Savings plans for crypto and ETFs possible from just €1
- Staking for crypto ETPs is offered
- Device-bound 2FA is considered a solid security solution
- Broad range of stocks and ETFs in addition to crypto
- Wallet transfers to personal wallets not possible — occasionally criticized by users
- Crypto selection with 32 coins is room for improvement compared with specialized providers
- Deposit methods limited to SEPA bank transfer and SEPA direct debit — additional options are room for improvement
Score Comparison
User Experiences
AI AnalysisUser reports on BSDEX overall paint a mixed picture: the clear layout, easy usability and low fees are mentioned frequently, while technical hurdles with login and app usage are also noted in the reviews.
According to reviews, Scalable Capital presents a mixed user picture: some users appreciate the clear and intuitive app as well as everyday use that is perceived as reliable. At the same time, users report login and 2FA issues, as well as occasional delays with withdrawals and support.
This analysis is based on 578 user reviews evaluated by AI from the Apple App Store, Trustpilot, and Google Play Store. The total number of reviews on the respective platforms may be higher — the platform ratings shown (star ratings) refer to all reviews available there. The reviews presented reflect user experiences and do not represent the site operator's own assessment. All information is provided without guarantee. As of: March 2026. This comparison does not constitute investment advice.
Features
| not available | Savings plan | available |
| not available | Staking | not specified |
| available | Wallet transfer | not available |
| available | Cost transparency | not specified |
| available | 2FA security | not specified |
| available | SEPA bank transfer | not specified |
| not available | Credit card | not available |
| not available | Minimum amount | not specified |
| available | Mobile app (iOS/Android) | available |
| available | Web platform | available |
| not specified | Staking (via ETPs) | available |
| not specified | BaFin regulation | available |
| not specified | Stocks & ETFs | available |
| not specified | SEPA direct debit | available |
- Regulated trading venue of Börse Stuttgart
- Free wallet withdrawals
- Only 10 coins, no savings plan, no staking
- Market orders 0.35 %, maker 0.20 %
- Neobroker with stocks, ETFs, and crypto in one place
- BaFin-regulated with headquarters in Germany
- Crypto savings plans from €1 for regular investing
- Staking available via crypto ETPs
The five areas head to head
AI AnalysisFees & Costs
Many users respond positively to the fees and costs. Low fees are highlighted several times in the reviews. Overall, the cost structure is perceived positively from the user perspective.
There is only limited concrete feedback in the user data regarding fees and costs. According to reviews, users mainly comment on usability, login, and features in comparison, while pricing questions are mentioned less often.
Usability & User Experience
Users often describe BSDEX as clear and easy to understand, and the intuitive app is also mentioned positively in reviews. At the same time, users report technical hurdles when using the platform, for example when logins are not possible, users have to log in again repeatedly, or the app occasionally freezes.
According to reviews, users particularly appreciate Scalable Capital for its clear and partly intuitive app, which some also describe as easy to learn. At the same time, users also report a confusing interface and login problems. From the user perspective, usability is therefore perceived differently.
Features & Offering
Regarding features and the offering, the user data shows a rather reserved picture. Users mainly want more coins and more altcoins; a savings plan, a profit-and-loss display and a dark mode are also mentioned occasionally. According to reviews, a chart display is also sometimes requested.
According to reviews, Scalable Capital is used by users primarily for long-term investing, and some also highlight the cash account positively. At the same time, users express several wishes, including a trailing stop-loss, an overall profit and loss overview, more ELTIFs, and more savings plans. Users also want changes to the dark design and the YTD view, as well as a group watchlist and less analysis in the free area.
Stability & Security
Regarding stability and reliability, users report in part positively about dependable everyday use. At the same time, reviews mention update problems, app startup difficulties, FaceID errors and repeated logouts. The fact that withdrawals are not possible is also occasionally mentioned in the user data.
According to reviews, users describe Scalable Capital as reliable in part. At the same time, users report technical issues such as a black screen, OTP codes not being sent, as well as app problems and crashes. Stability is therefore perceived differently by users.
Customer Support
The support is described by users in several reviews as fast, helpful and competent. Users particularly praise the prompt assistance in direct contact. In individual cases, users would like even more support for specific issues.
According to reviews, users occasionally report rather negative experiences with support, especially in connection with login or 2FA topics. Some feedback describes customer service as slow or not very helpful.
Details
| Baden-Württembergische Wertpapierbörse GmbH | Company | Scalable Capital GmbH |
| 2019 | Founded | 2014 |
| Custodian of cryptocurrencies (Boerse Stuttgart Digital Custody GmbH) has a BaFin license. | Regulation | BaFin license as a securities institution |
| € 10 | Minimum Amount | € 1 |
| VideoIdent | KYC | eID, Video-ID, PostIdent |
Verdict
Both providers are practically level in our overall rating (2.9 to 2.9).
On disclosed fees you pay €6.40 less at BSDEX per €1,000 purchase.
Neither provider reaches 4.0 out of 5 in our rating, so we do not give an unreserved recommendation here.
BSDEX is a regulated crypto trading venue of Börse Stuttgart. Custody is handled by Boerse Stuttgart Digital Custody GmbH under BaFin supervision, and withdrawals to your own wallet are free. That is solid, but compared with other platforms it is not enough for a good rating.
The offering is narrow: only 10 cryptocurrencies, no savings plan, no staking and SEPA bank transfer as the only payment method. Buying with a market order costs 0.35 %; the advertised 0.20 % applies to maker orders only. Two-factor authentication works via SMS only, authenticator apps are not supported. Users are lukewarm too: the app scores 1.5 stars on Google Play and 3.2 on Trustpilot, with reports of login problems, repeated logouts and issues after updates.
Our verdict: BSDEX suits investors who only want to hold Bitcoin and a few large coins through German exchange infrastructure. If you are looking for a regulated platform with a wider selection, savings plans or staking, Bitpanda or Coinbase are the better choice.
Scalable Capital has made a name for itself in the DACH region primarily as a robo-advisor and ETF broker and has also offered cryptocurrency trading for some time now. With a BaFin license as an investment firm and a headquarters in Germany, the provider is considered well positioned from a regulatory standpoint. The crypto offering currently includes 32 coins traded via crypto ETPs — an approach that is appreciated by security-conscious investors.
The savings plans starting from €1 enable an especially low-threshold entry, and staking via ETPs is seen as a meaningful addition. The device-bound two-factor authentication is considered a solid security solution. For investors who primarily invest in stocks and ETFs and want to hold crypto as an allocation in the same portfolio, Scalable Capital is seen as a practical solution.
However, the crypto selection with 32 coins is considered room for improvement compared with specialized providers. Wallet transfers to personal wallets are also not possible, which is occasionally criticized by users. Scalable Capital is therefore primarily suitable for mainstream investors who are looking for a regulated German broker with a broad securities offering and want to use crypto as a supplementary component.