Comprehensive Revolut Trading Review: Fees, Features, and Performance
Revolut has revolutionized the fintech industry with its sleek app, offering everything from banking services to cryptocurrency trading. Revolut Trading is an extension of this ecosystem, designed for users interested in trading stocks, ETFs, and cryptocurrencies directly from their mobile devices.
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Revolut Invest, another part of the Revolut ecosystem, provides a platform for trading stocks and cryptocurrencies, featuring user-friendly tools and real-time market data.
But is Revolut Trading legit? Is it the right platform for both beginner and experienced investors? In this detailed review, we’ll cover fees, features, pros, cons, and performance to help you decide if it’s the right platform for your investment needs.
🚀 Revolut Trading Review: Key Highlights
- Founded: 2015
- Headquarters: London, UK
- Available Assets: Stocks, ETFs, Cryptocurrencies, Stock Trading
- Minimum Deposit: £1
- Fees: Low with free trades (limits apply), then small commissions
- Regulation: Authorized by the Financial Conduct Authority (FCA)
About Revolut
Revolut is a financial technology company that has made significant strides in offering a wide range of financial services through its innovative app. While it is not officially a bank, Revolut operates as an e-money institution, providing many bank-like services to its users. Authorized and regulated by the Financial Conduct Authority (FCA), Revolut adheres to strict regulations and guidelines, ensuring that customers’ funds are secure and protected.
Revolut is currently in the process of applying for a banking license, which would allow it to offer even more comprehensive financial services. This ongoing effort underscores Revolut’s commitment to expanding its offerings and providing a robust, secure platform for its users.
Revolut Account Setup
Opening a Revolut account is a quick and straightforward process, designed to get you up and running in no time. To start, simply download the Revolut app, available for both iOS and Android devices. Once the app is installed, you can complete the registration and identity verification processes within minutes. The user-friendly interface guides you through each step, making it easy even for those who are not tech-savvy.
One of the standout features of the Revolut account is its global accessibility. Whether you’re at home or traveling abroad, you can access your account and manage your finances from anywhere in the world. This convenience, combined with the app’s comprehensive features, makes Revolut a popular choice for users looking for a versatile financial solution.
Fast to Open a Revolut Account
Revolut Trading Features
1️⃣ Revolut App Integration
Revolut Trading is seamlessly integrated into the Revolut app, meaning you can manage your banking, investing, and crypto trading all in one place. Compared to other trading platforms, Revolut Trading offers a highly integrated and user-friendly experience.
- User-Friendly Interface: Clean, intuitive design ideal for beginners
- Real-Time Market Data: Get updates on stock performance instantly
- Notifications: Price alerts and trade confirmations directly to your phone
2️⃣ Revolut Trading Account Types
- Standard Account: 1 free trade per month, small commission afterward
- Premium Account: 3 free trades per month with added perks
- Metal Account: 5 free trades per month + cashback benefits
- Business Accounts: While Revolut offers business accounts, their features may not be sufficient for all users, especially those operating in the UK.
3️⃣ Assets You Can Trade
- Stocks: Over 850+ companies listed on major exchanges like the New York Stock Exchange (NYSE) and NASDAQ, with the ability to trade stocks, including fractional shares
- ETFs: Limited selection but enough for diversified portfolios
- Cryptocurrencies: Bitcoin, Ethereum, Litecoin, and more
- Fractional Shares: Invest with as little as £1
📊 Revolut Trading Fees Explained
| Account Type | Free Trades per Month | Additional Trades | Currency Conversion Fee | Currency Exchange Fee |
|---|---|---|---|---|
| Standard | 1 | £1 per trade | 0.5% | 0.5% after £1,000 per month |
| Premium | 3 | £1 per trade | 0% | 0.5% after £5,000 per month |
| Metal | 5 | £1 per trade | 0% | 0.5% after £10,000 per month |
Other Fees:
- Inactivity Fee: None
- Withdrawal Fees: None for bank transfers
- Crypto Trading Fee: 1.5% per transaction
Currency exchange fees apply when converting money through Revolut. For Standard accounts, a 0.5% fee is charged after £1,000 per month. Premium accounts incur a 0.5% fee after £5,000 per month, and Metal accounts after £10,000 per month. These fees are applicable based on the account type, transaction limits, and time of exchange.
💹 Is Revolut Good for Trading?
✅ Advantages of Revolut Trading
- Low Fees: Free trades monthly, making it affordable for casual investors.
- Ease of Use: Simple design, perfect for beginners.
- Fractional Shares: Invest in expensive stocks like Apple or Tesla with just £1.
- Integrated Platform: Manage banking, savings, and investing in one app.
- No Minimum Deposit: Great for those starting small.
❌ Disadvantages of Revolut Trading
- Limited Research Tools: Lack of advanced charting and analysis tools.
- Limited Market Access: Mainly US stocks; lacks broader international markets.
- No ISA or SIPP Accounts: No tax-efficient investment options like some competitors.
- No Desktop Version: Mobile-only, which may not suit all traders.
- Crypto Restrictions: You can’t transfer crypto to an external wallet—ownership stays within Revolut.
- Capital Gains Tax: Users may become liable for capital gains tax on profits exceeding certain thresholds, such as £3,000, if they have already utilized their ISA allowance for the tax year.
🔐 Is Revolut Trading Safe?
Yes, Revolut Trading is legit and regulated:
- Regulated by the FCA (Financial Conduct Authority)
- Funds are protected under the Financial Services Compensation Scheme (FSCS) up to £85,000 (for non-investment accounts)
- Uses two-factor authentication (2FA) for added security
However, remember that investments are not FSCS-protected, meaning your trading funds are at risk if the market moves against you.
🪙 Revolut Crypto Trading Platform
Revolut offers cryptocurrency trading for popular assets like Bitcoin, Ethereum, and Litecoin. The platform is beginner-friendly but has limitations:
- Pros:
- Easy-to-use interface
- Supports recurring crypto purchases
- Real-time price alerts
- Cons:
- Can’t withdraw crypto to external wallets
- Higher fees (1.5%) compared to dedicated crypto exchanges
📈 Revolut Trading Performance & Tools
While Revolut lacks advanced features like technical analysis tools or deep research reports, it offers:
- Price Alerts: Get notified when your favorite stocks hit target prices
- Basic Charts: Line graphs with simple indicators
- Recurring Investments: Automate your investing schedule
- Currency Exchange: Tools to manage investments involving international transactions and foreign assets, helping users understand and minimize currency exchange fees
This makes Revolut ideal for long-term passive investors but not advanced day traders.
🧠 Revolut Trading for Beginners
Is Revolut good for beginner investors? Yes, if you:
- Prefer a simple, no-frills interface
- Want to invest small amounts with fractional shares
- Value integration with banking services
However, if you’re looking for advanced charting, complex orders, or tax wrappers like ISAs, platforms like eToro or Interactive Brokers might be better suited.
Customer Service
Revolut offers robust customer support to ensure that users have a smooth experience with the platform. The primary support channel is the live chat feature, which is available 24/7. This allows Revolut customers to get real-time assistance with any issues or questions they may have. The live chat is known for its responsiveness, providing prompt and helpful responses.
In addition to live chat, Revolut has a comprehensive help center that covers a wide range of topics. Users can find answers to frequently asked questions and detailed guides on how to use various features of the app. The FAQ section is particularly useful for new users, offering insights into account setup, trading, and security.
While Revolut does not offer phone support, the combination of 24/7 live chat and an extensive help center ensures that users have access to the support they need, whenever they need it.
Revolut Customer Support
🔍 Revolut Trading: Pros and Cons
| ✅ Pros | ❌ Cons |
|---|---|
| Low fees with free trades monthly | Limited research tools |
| Fractional shares for small budgets | No tax-efficient accounts (ISA/SIPP) |
| Easy-to-use mobile interface | Limited access to global markets |
| Integrated with Revolut banking | No desktop trading platform |
| Regulated by the FCA | Can’t transfer crypto externally |
📢 FAQs About Revolut Trading
1. Is Revolut Trading Legit?
Yes, Revolut is FCA-regulated and trusted by millions globally. However, investment accounts are not FSCS-protected.
2. Is My Money Safe with Revolut?
Your money in Revolut’s e-money account is protected under the FSCS, but investments carry inherent risks and aren’t covered by the FSCS.
3. What Are the Downsides of Revolut?
Limited investment options, basic research tools, and no tax-efficient accounts like ISAs.
4. Is Revolut Good for Beginner Investors?
Yes, it’s perfect for beginners due to its simple interface and low entry barriers.
5. Can I Trade Crypto on Revolut?
Yes, but you can’t withdraw crypto to an external wallet, limiting full ownership.
💡 Final Verdict: Is Revolut Trading Right for You?
Revolut Trading is a solid platform for beginners looking to start investing with small amounts. Its low fees, simple interface, and integrated banking features make it convenient. However, advanced traders may find its lack of research tools and limited asset selection restrictive.
Ideal For:
- Beginner investors
- Casual traders
- Those already using Revolut for banking
Not Ideal For:
- Advanced traders needing technical analysis
- Investors looking for tax-efficient accounts
- Active day traders
If you’re looking for simplicity, low costs, and integrated financial services, Revolut Trading is worth considering. However, if you need advanced tools or global market access, consider alternatives like eToro or Interactive Brokers.
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