A major German bank just let Claude and ChatGPT trade for customers. In one test, Claude beat human traders 76% of the time—but there’s a catch
Scalable Capital is rolling out an AI assistant program that lets users make trades, analyze portfolios, and set up savings plans with just a few prompts.
European investors can now trade with the help of AI assistants like ChatGPT, Claude, and Grok through Scalable Capital's new "Agentic Investing" service. The Munich-based digital investment platform is the first in Europe to offer this integration, allowing customers to connect their Scalable accounts to supported AI agents through the Model Context Protocol.
Scalable Capital's Chief Product Officer, Alexander Siepp, believes this integration creates a level-playing field, giving investors access to information and compute intelligence at their fingertips.
However, while Claude and ChatGPT have shown promise in predicting market direction during a recent experiment, there is concern regarding their risk management abilities. Researchers found that these AI models tended to take on excessive risk relative to the trade context. Despite this, Scalable Capital emphasizes that users must still approve trades and savings plans before execution, with the AI not having unrestricted control over customer accounts.
The integration follows the same security protocols as Scalable's existing applications, including strong customer authentication.
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