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GBM vs Scalable Capital: fees, markets and protection

Facts for both companies from their official pages; each was checked on the date shown in its review.

Facts verified on October 18, 2026

Key differences

Only GBM lists Mexican Stock Exchange (BMV) and US exchanges (NYSE, Nasdaq).
Only Scalable Capital lists European Investor Exchange (Hanover Stock Exchange), gettex (Munich Stock Exchange), and Xetra (Deutsche Börse).
Only GBM is licensed by CNBV.
Only Scalable Capital is licensed by BaFin.
Only GBM supports SPEI for deposits and withdrawals.
Only Scalable Capital supports Bank transfer for deposits and withdrawals.

Criterion	GBM	Scalable Capital
Rating	4.6/5 on other platforms 17.4K ratings	4.5/5 on other platforms 122.4K ratings
Regulators	CNBV	BaFin
Minimum deposit	MX$100	No minimum
Markets	Mexican Stock Exchange (BMV), US exchanges (NYSE, Nasdaq)	European Investor Exchange (Hanover Stock Exchange), gettex (Munich Stock Exchange), Xetra (Deutsche Börse)
Products	stocks, ETFs, fractional shares, bonds, funds	stocks, ETFs, bonds, funds
US stock or ETF order	0.25% of the order	€0.99 per order
Deposits and withdrawals	SPEI	Bank transfer
Founded	1985	2014
Headquarters	Mexico	Germany
Investor protection	—	Entschädigungseinrichtung deutscher Banken (statutory deposit guarantee)
Available only in	—	Germany, Austria, Italy, France, Spain, Netherlands
	Read review	Read review

What is the minimum deposit at GBM and Scalable Capital?

GBM: MX$100. Scalable Capital: €0.

Which regulators license GBM and Scalable Capital?

GBM is licensed by CNBV; Scalable Capital by BaFin.