Guide
Brokerage accounts after a death: Trade Republic, Scalable and others
Millions of people in Germany invest through neobroker apps. Few know that many of them do not allow a power of attorney — leaving families locked out when it matters.
By The Erbnis editorsPublished 16 October 2026Updated 16 October 20266 min read
Key takeaways
- Trade Republic offers no power of attorney, not even for spouses.
- Scalable Capital offers its own power of attorney that only applies after death.
- Only 10 of 19 providers accepted a self-made power of attorney (Finanztip, Dec 2025).
- Without one, heirs need a certificate of inheritance or an opened notarial will.
What the main providers allow
| Provider | Power of attorney while alive | After death |
|---|---|---|
| Trade Republic | Not possible | Transfer or payout to heirs after proof |
| Scalable Capital | Self-made lasting power of attorney accepted, per Scalable | Own power of attorney effective at death |
| Justtrade | Not possible | Proof of inheritance |
| Smartbroker+, Traders Place, finanzen.net zero, Joe Broker | Set up directly with Baader Bank | Via Baader Bank |
Status: Finanztip review of 18 Dec 2025 and Trade Republic's customer agreement. Rules change — check with support.
How to prepare now
- Use your broker's own power-of-attorney form if it has one.
- Consider a notarial lasting power of attorney.
- Keep part of your savings with a provider that allows a power of attorney.
- Write down that the account exists — neobrokers send little post.