Online Trading Starts Here
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7.69/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum deposit:
  • $1
Trading platform:
  • Mobile Revolut App
Leverage
  • 1:1
Trading features
  • The ability to auto copy deals from traders with a public profile
Ranked #3 among the Best online brokers of United States
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Revolut is available in

Our Evaluation of Revolut

7.69/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Traders Union icon

Revolut is a reliable broker with the TU Overall Score of 7.69 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Revolut clients on our website, Traders Union expert Anton Kharitonov believes he can recommend this company as the majority of reviews showed that the broker’s clients are mostly satisfied with the company.

Revolut provides its clients access to shares of international and American companies, cryptocurrencies, and metals. For investors, Revolut offers a social trading program. Revolut's copy trading platform is trendy among investors because it has a forum for traders to communicate with each other in real-time. Also, various charts and indicators are available in the Revolut trading platform for technical analysis. Revolut is a company actively developing and plans to make all of its services available to foreign citizens. Fractional share trading offered by the broker allows beginners to learn trading without high financial risks.

Brief Look at Revolut

Revolut is a British fintech company that has been providing investors with accounts for trading precious metals, cryptocurrencies, and stocks listed on U.S. exchanges since 2015. The broker offers its clients access to investing in stocks and ETFs on European stock exchanges. For organizations and private clients, the company offers a multi-currency account with the possibility of exchanging currencies at the current inter-bank exchange rate. Revolut is supervised by the Financial Services Authority (FSA).

Advantages of trading with Revolut:
  • In addition to stock trades, customers can trade cryptocurrencies and precious metals.
  • The broker offers commission-free trading plans.
  • The minimum number of shares to buy is 0.00000001.
  • There are no minimum deposit requirements.
  • Social trading is available, which allows newcomers to the stock market to copy trades of successful traders.
  • Communication with the support service via chat is available in the mobile application 24 hours a day.
  • There is no fee for opening and maintaining a trading account.
Disadvantages of Revolut:
  • Stock trading is currently only available to UK residents.
  • Operations in precious metals and cryptocurrencies are not regulated by supervisory authorities.
  • The company does not offer fiduciary management of its investment portfolio.

TU Expert Advice

Anastasiia Chabaniuk

Author, Financial Expert at Traders Union

Revolut provides trading stocks, cryptocurrencies, and precious metals via a mobile app. The company supports social trading, allowing novice traders to copy successful traders, enhancing its accessibility for beginners. Revolut’s trading environment is particularly appealing due to fee-free trading and the absence of minimum deposit requirements. Fractional share trading is another advantage, enabling investments with minimal financial risk.

However, Revolut presents some disadvantages, such as limited stock trading availability, restricted to UK residents, and unregulated operations in cryptocurrencies and precious metals. Its lack of personalized investment advice and fiduciary management also limits its appeal to those seeking comprehensive financial consulting. Revolut may suit independent traders and beginners but may not be ideal for those requiring broader advisory services.

Revolut Summary

Your capital is at risk. The risk of loss in online trading of stocks, options, futures, currencies, foreign equities, and fixed Income can be substantial.

💻 Trading platform: Mobile Revolut App
📊 Accounts: Standard, Plus, Premium, Metal
💰 Account currency: USD
💵 Deposit / Withdrawal: Wire transfer, debit/credit cards, including Apple Pay or Google Pay
🚀 Minimum deposit: From $1
⚖️ Leverage: 1:1
💼 PAMM-accounts: No
📈️ Min Order: No data
💱 EUR/USD spread: £2.99 —£12.99
🔧 Instruments: Shares, fractional shares, crypto, XAU, XAG, XPT
💹 Margin Call / Stop Out: No
🏛 Liquidity provider: No data
📱 Mobile trading: Yes
➕ Affiliate program: Yes
📋 Order execution: No
⭐ Trading features: The ability to auto copy deals from traders with a public profile
🎁 Contests and bonuses: No

Revolut offers commission-free trading with no minimum deposit requirements. Stocks, cryptocurrencies, and precious metals are available for trading. Client funds are kept on segregated accounts, which is a guarantee of their safety. Since fractional share trading is available at Revolut and there is no brokerage commission per transaction per month, you can start with a minimal investment. Deposits can be made in 28 currencies, but the broker translates them into USD since trading is only on the US stock market.

Revolut Key Parameters Evaluation

User Satisfaction i

Score:
7.7/10

Share your experience

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Pro Sarfaraz
32 weeks ago
Social link Verified
Location PK Karachi

Helpful

Nothing

I’ve had a good experience with Interactive Brokers, particularly because of its low fees. As someone who trades frequently, the tiered commission structure works great for me since I can get better rates with higher volumes. I started out with the demo account to test the platform and it lived up to the expectations. The platform also gives access to so many different assets, from stocks to options to even metals, which fits well with my strategy. It’s definitely not the easiest for beginners, but for seasoned traders, the tools and flexibility are unmatched.

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Pro Jonson eilar
35 weeks ago
Social link Verified
Location PK Rawalpindi

trading platform feels quite smooth.

none

When I first opened an account with Revolut, I wasn’t expecting much since I usually associate Revolut with just basic banking services. But to my surprise, the trading platform feels quite smooth. The app interface is probably the best thing. It’s clean, and switching between different markets like Forex, stocks, and even crypto is seamless. I don’t need to hop between tabs too much. One cool thing is how fast the transactions get confirmed, especially compared to other apps I’ve used before. Also, I appreciate that I can trade with just small amounts, no big deposits needed. It’s perfect for someone like me who doesn't want to go all in right away. Though, I wish the educational tools were a bit more in-depth for those who are just starting out.

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Pro Sabih
41 weeks ago
Social link Verified
Location PK Islamabad

They offer a good environment to work in

The site functionality is too intrusive, couldn't find how to quickly contact the support team

I’ve been using Revolut for a while now, and the experience has been smooth. What I love most is the flexibility with multi-currency accounts is that you can exchange between currencies without any hidden fees, which is a big plus. The app interface is clean and easy to use. Transfers are usually fast, but I’ve noticed that sometimes deposits and withdrawals can take a bit longer to confirm. Also, one thing that I don’t like is their website pop-ups. Almost everything leads to this annoying pop-up I have attached. In fact, the way to contact their customer support through the website isn’t clear as well. Unexpected from such a sophisticated company.

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pathaklaxman
1 year ago

Trading here goes without problems. Now I’m learning everything little by little, since I haven’t been on the stock market that long. Reviews prove that this company is good and I saw it myself after trading here for 3 months.

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melissauq16
1 year ago

I opened an account with Revolut without high expectations of getting on the Forbes list. I simply wanted to try my luck as a trader, and the broker provides excellent conditions for doing so, including no minimum deposit requirements and the possibility of acquiring affordable assets through fractional shares. Although beginners have the option of copying the strategies of successful traders, I prefer to design my own path. I am already seeing signs of success, and an additional benefit has been to personally test the broker's reliability with minimal financial risks.

Abrí una cuenta en Revolut sin grandes expectativas de figurar en la lista de Forbes. Simplemente quería probar suerte como trader, y el broker facilita excelentes condiciones para hacerlo, incluyendo la ausencia de requisitos de depósito mínimo y la posibilidad de adquirir activos asequibles a través de acciones fraccionarias. Aunque los principiantes tienen la opción de copiar las estrategias de traders exitosos, prefiero diseñar mi propio camino. Ya estoy observando señales de éxito, y un beneficio adicional ha sido comprobar personalmente la fiabilidad del broker con riesgos financieros mínimos.

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TrmOa
1 year ago

It was a challenge to find a broker that offers clear conditions and is accessible to novice traders like me. Companies that allow trading on margin often have rather questionable security guarantees, discouraging investment of even modest amounts of capital. Although there is no leverage available on Revolut, it is possible to buy fractions of shares of a single asset, with a minimum amount of 0.00000001. This represents an advantage over trading on margin, as the use of borrowed funds always carries the risk of ending up with a negative balance. I started with a modest investment, given the broker's lack of minimum deposit requirements. So far, my experience has been very positive.

Fue un desafío hallar un broker que ofrezca condiciones claras y que sea accesible para los traders novatos, como yo. Las compañías que permiten operar con margen muchas veces presentan garantías de seguridad bastante cuestionables, disuadiendo la inversión incluso de sumas modestas de capital. Aunque en Revolut no hay apalancamiento disponible, es posible adquirir fracciones de acciones de un único activo, con una cantidad mínima de 0,00000001. Esto representa una ventaja sobre el trading con margen, ya que el uso de fondos prestados lleva siempre el riesgo de terminar con un saldo negativo. Comencé con una inversión modesta, dada la ausencia de requisitos de depósito mínimo por parte del broker. Hasta el momento, mi experiencia ha sido muy positiva.

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reenFethy
1 year ago

I have been working with Revolut for several years. Initially, I copied other traders' trades, but now I feel confident to trade on my own. My profits have been so consistent that I can confidently recommend Revolut to anyone interested in the stock market. I also get paid for my recommendations when people sign up using my link. Although I miss the option to trade on margin, Revolut allows me to trade commission-free. Even though I have to pay a monthly fee to use their service, the cost is so minimal that I practically ignore it.

He estado trabajando con Revolut durante varios años. Inicialmente, copiaba las operaciones de otros inversores, pero ahora me siento confiado de operar por mi cuenta. Mis ganancias han sido tan constantes que puedo recomendar Revolut con toda seguridad a quienes estén interesados en la bolsa de valores. También obtengo una remuneración por mis recomendaciones cuando las personas se registran utilizando mi enlace. Aunque echo de menos la opción de operar con margen, Revolut me permite realizar operaciones sin comisiones. A pesar de tener que pagar una tarifa mensual por usar su servicio, su costo es tan ínfimo que prácticamente no lo tengo en cuenta.

Score:
5.22/10

Trading Account Opening

Registration with the Revolut broker is done only through its mobile application. Here is a short instruction:

1

Download the Revolut App from the App Store or get the link at www.revolut.com. If you prefer the second option, the first thing to do is to select your country of residence:

Revolut Review — Revolut App
Revolut Review — Revolut App
Revolut Review — Revolut App
2

Next, click Sign Up:

Revolut Review — Sign Up
Revolut Review — Sign Up
3

Enter your cell phone number:

Revolut Review — Complete the contact information
Revolut Review — Complete the contact information
4

Fill out the registration form with personal information, citizenship, and tax number. You will also have to answer a few questions (about employment status, annual income, and investment goals) and get verified. After that, you can open a trading account and make a deposit.

5

In the personal account, the Revolut client can perform the following actions:

1. Make a deposit:
Revolut Review — Deposit
Revolut Review — Deposit
2. Place orders:
Revolut Review — Placing orders
Revolut Review — Placing orders
1. Make a deposit:
Revolut Review — Deposit
Revolut Review — Deposit
2. Place orders:
Revolut Review — Placing orders
Revolut Review — Placing orders

Also in the personal cabinet, a trader can:

  • Search assets by asset name or ticker.

  • Review statistics on expenses and transactions made during the current month.

  • Set up price alerts.

  • Get real-time market data.

  • Receive third-party news from CNBC, Zolmax, Investing, and Yahoo.

  • Generate observation lists.

Score:
9.8/10

Regulation and safety

Information

Revolut is regulated by the Financial Conduct Authority (FCA, 780586), a respected UK supervisory body. One of its requirements is to keep client funds in segregated accounts. The company also holds a banking license.

Revolut's executive partner, DriveWealth Llc, is regulated by the SEC and FINRA (CRD#: 304600/SEC#: 8-70365). Its clients' assets are also protected by Securities Investment Protection Corporation (SIPC) insurance for up to $500,000, including $250,000 in cash. Keep in mind that the regulator's oversight does not apply to trading in cryptocurrencies and precious metals, as they are not stock market financial instruments.

Advantages

  • Possibility to file a complaint with the regulatory body
  • Segregated client funds are held in accounts of third-party banks
  • Safe transactions are available on the deposit using one-time virtual cards
  • Support client fingerprint identification function in proprietary app
  • The broker uses the Sherlock anti-fraud system to warn of suspicious account activity

Disadvantages

  • Operations in cryptocurrencies and precious metals are not regulated
  • No personal contact in case of controversial issues
  • It is impossible to replenish the deposit without providing scanned copies of identity and other documents
Score:
9.6/10

Commissions and fees

Information
During our analysis of trading conditions, it was found that Revolut limits the number of trades without commissions. Depending on the account type, 1-5 transactions per month are free. There is a monthly subscription fee of £2.99-£12.99 on different accounts, which can be reduced by 20% if you pay in advance for a year. The broker charges a fee of 1 USD for additional orders. Since stocks listed on American exchanges are offered for investment, the fees are calculated in USD and then the funds are converted to the account currency at the current exchange rate. For transactions in cryptocurrency, the commission is 1.5-2%, and for transactions in precious metals, it’s 0.5-1.5% of the transaction volume. The amount of interest depends on the selected trading account. No additional hidden commissions were revealed.
Account type Spread (minimum value) Withdrawal commission
Standard From £2.99 No
Plus From £2.99 No
Premium From £2.99 No
Metals From £2.99 No

The monthly fee for holding financial instruments is 0.12% of the market value of the assets on deposit.
Revolut declares that there are no fees for transactions in U.S. stocks, so a comparison of trading conditions with other brokers that also offer these trading instruments was made.

Broker Average commission Level
$2.99
Low
$4
High
Score:
4.29/10

Account types

Revolut offers four types of accounts for investing, which differ in subscription fees, trading conditions, and the range of additional services. On all accounts, you can reduce the subscription fee by up to 20% if you make a payment in advance for a year.

Account types:

Account Type
Description
Standard
a trading account without a subscription fee. One monthly trade is available without any brokerage commission, for the following trades, a fee of 1 USD will be charged according to the exchange rate of the account's base currency at the moment of the trade. Account maintenance is free, but you must pay 0.12% per month of the total market value of the assets held in the account. Additionally, regulatory fees of USD 5.1 per each USD 1 million are paid. The minimum fee is 0.01 USD per share. About 800 U.S. stocks are available for investment, but the range of available instruments is expanding. Free funds, which are transferred to the vault, accrue 0.15% per annum with daily payment.
Plus
differs from Standard in that there is a subscription fee of £2.99 per month and it is possible to make up to three transactions without paying brokerage fees. Priority customer support via online chat is provided. The interest rate on funds in the vault is raised to 0.4%.
Premium
an account where the number of free trades is increased to 5. The subscription fee is £6.99 per month, and the interest on savings is 0.5%.
Metal
is the account on which the number of free trades is unlimited. Cryptocurrencies and precious metals are added to the financial instruments for trading, and the interest in the vault increases to 0.65%. The monthly subscription fee is £12.99.

The broker does not offer a demo account.

Revolut is a broker for British investors who trade securities on international markets.

Score:
4.33/10

Deposit and withdrawal

  • Profits from transactions with financial instruments are deposited to the electronic account of the Revolut client and then transferred by the broker to his personal bank account. Transfer to cards is not possible.

  • Withdrawal is possible after all open positions are closed.

  • Funds are credited within 1-2 business days after the withdrawal request is approved.

  • There is no withdrawal fee from the broker, but there may be additional charges from the beneficiary bank.

  • Money can be withdrawn in one of the available 28 currencies. The company deducts a commission for converting USD to the withdrawal currency chosen by the client.

Score:
5.66/10

Investment Options

Revolut offers its clients more than 800 stocks, precious metals, and cryptocurrencies for investment. But due to the UK's exit from the European Union, stock trading is not available to foreign nationals.

Buying fractional shares is a popular way to invest with Revolut

Revolut does not provide leverage or margin accounts, but it does allow you to buy fractional shares. Such an offer means that you can start trading with minimal investment. In addition, the absence of leverage eliminates the risk of a negative balance on the deposit. Taking into consideration that a standard account is allowed one trade per month without a brokerage fee, cooperation with Revolut is possible for investors without any experience in the stock market. At any time, if a subscription fee is paid, it is possible to switch to another account with an increased number of trades without commission. Advantages of buying fractional shares:

  • You can start investing with a minimum amount.

  • Trading is done without providing leverage, which allows you to conduct transactions without the use of borrowed funds and prevent the threat of debt to the company.

  • For newcomers to the stock market, trading fractional stocks is an opportunity to gain experience without the risk of serious losses.

Money that is not involved in trading can be moved into an established vault and earn up to 0.65% per annum with a daily payment on deposit. If necessary, you may apply for transferring the funds to your trading account or cash them out at any time.

Important!

If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.

Revolut’s affiliate program:

  • The impact is a referral program in which you need to be a Revolut customer to participate. Depending on which plan the connected referral chooses, the partner is paid from £2 to £20. Payments are calculated and made every month.

After approving the request, the company gives the partner a unique link and materials to be placed and promoted on websites. The partner can track the number of link clicks and referrals in his personal cabinet.

Score:
9.4/10

Customer support

Information

The company's support team is available to customers in the Revolut App 24/7. 

Advantages

  • Support is provided around the clock
  • Unregistered users can contact the support service through the form on the website
  • The site has a section with answers to frequently asked questions (FAQs)
  • Service status check function available

Disadvantages

  • Pre-recorded telephone responses only
  • Priority in servicing clients with accounts with a monthly fee
  • There is no possibility of personal contact through a physical office
  • There is no way to contact support by email

To get in touch with the support specialists you need to:

  • call the phone number listed in the Contact Us section (you can get answers from an answering machine);

  • write a message in the online chat application;

  • fill out a reply form on the company's website;

  • ask questions on the broker’s Facebook, Instagram, Twitter, or LinkedIn accounts.

The site has a forum for client communication, where you can ask a question of experienced traders.

Contacts

Foundation date 2015
Registration address 7 Westferry Circus, Canary Wharf, London, England, E14 4HD
Regulation FCA, SEC, FINRA
Official site https://www.revolut.com/
Contacts
+1 (844) 744-3512
Score:
9.9/10

Education

Information

Revolut doesn't offer training programs on the basics of stock trading. But the company's site has a blog section, which contains articles and videos with investment tips from Revolut experts and a description of the nuances of stock trading.

Information provided in the blog section
Information not available on the Revolut website
Financial forecasting
Description of technical indicators
Principles of using the equation of total profit
Stock market terminology
Investment strategy webinars
Economic calendar
Calculation of the main coefficients of profitability
 
Instructions for cooperation with a broker
 

The information presented in the Blog section can be useful not only for beginners but also for professional investors.

Detailed Review of Revolut

Revolut broker has been offering its clients investment services on the U.S. stock exchanges since 2015. The list of financial instruments is actively expanding. Due to the UK's exit from the EU, stock trading is not available to foreign nationals from December 31, 2020. However, Revolut has already applied for a license in Ireland to the supervisory authorities, and after its review, the company plans to resume operations in the EU.

Revolut by the numbers:

  • The company conducts more than 100,000 transactions per month.

  • Account opening is available in 28 currencies.

  • About 500,000 business partners.

  • More than 15 million clients cooperate with Revolut.

Revolut focuses on working with all clients, regardless of their investment experience in the stock market

With this broker, clients can trade stocks of American and some international companies, cryptocurrencies, and precious metals. Social trading is also available. Thanks to that, inexperienced investors can use the services of professional traders from the public list, which is available to registered users. The Revolut social trading platform became popular not only because of the possibility of copying trades but also because it is a kind of forum where investors can communicate and gain experience.

For trading, the company offers a mobile application it calls Revolut App, which can be downloaded from Google Play Market or the App Store. There is no trading platform with charts, indicators, and other instruments for technical analysis. To make a transaction, you need to select a financial instrument and the type of order you want to place, and then send a request for execution.

Useful services of Revolut:

  • Setting up notifications on the status of the deposit. The client is informed immediately in case of a critical decrease of funds or suspicious actions related to the account.

  • Pockets is a service for the automatic distribution of funds on accounts.

  • Social trading is a service for communication and copying transactions.

  • Price warnings in the terminal are triggered when the value of an asset exceeds or falls below a pre-set level.

Advantages:

1

FCA controls the activity.

2

Lightning-fast, easy, and fully digital account opening.

3

Ability to open an account in one of 28 foreign currencies.

4

Access to automatic copying trades of successful traders.

5

Currency conversion is done at the current exchange rate.

6

Cryptocurrency trading is offered.

7

Round-the-clock customer support in the online chat.

8

After making a monthly subscription fee of £12.99, the limit on the number of free share transactions is removed.

Latest Revolut News

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The fintech company Revolut has introduced its new Revolut Terminal in the UK and Ireland. This point-of-sale (POS) device is designed to meet the demand
27.09.2024
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Robinhood and Revolut are exploring entry into the $170 billion dollar stablecoin market
Robinhood and Revolut, two of the most prominent fintech companies, are reportedly exploring entry into the booming stablecoin market, which has surged to
17.09.2024
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Revolut is gearing up to launch its services in India next year
​Revolut, the UK-based fintech giant, is preparing for its highly anticipated launch in India by 2025. The company recently secured in-principle

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