Overview

• Launched May 27, Trade Republic’s digital children’s depot offers free ETF savings plans, 2.25% interest on cash balances and automated reimbursement of Vanguard ETF fees reinvested until the child turns 18.
• Scalable Capital plans to introduce its own junior depot this summer, initially via a waitlist, matching Trade Republic’s no-fee model and family “Sparpaten” contributions.
• Both neobrokers tout fully digital account setup requiring only a birth certificate upload and consent, streamlining access compared to traditional banks.
• The products align with Germany’s proposed Frühstart-Rente, which from 2026 will allocate €10 per month for children aged 6 to 18 into private pension accounts.
• Executives highlight the urgency of early investing to leverage compound interest in light of concerns over Germany’s pension system sustainability.