Revolut.com Trading Review

Revolut is a multi-featured financial platform offering stocks, ETFs, cryptocurrencies, and government bonds, as well as multiple account currencies and efficient cash management via user-friendly desktop and mobile apps.

GENERAL INFORMATION

■ Founded: Revolut Ltd was founded in 2015

■ Headquarters: Maintains headquarters in the United Kingdom

■ US Residents: Revolut accepts US traders -Yes-

■ Islamic Accounts: Not offering a swap-free or similar account type -No-

■ Regulation: Revolut Trading Ltd is regulated by the FCA (UK) -FRN: 933846 🔗 Their license can be found here

■ Mobile App Languages: English, German, Spanish, French, Italian, Russian, Japanese, Brazilian, Portuguese, Bulgarian, Croatian, Czech, Danish, Dutch, Greek, Hungarian, Latvian, Lithuanian, Norwegian, Polish, Romanian, Slovakian, Swedish, and Ukrainian

 

TRADING INFO SUMMARY

■ Broker Type: Operating as an agent by offering brokerage services through third parties such as Revolut Securities Europe and DriveWealth (US)

■ CFD Trading: Offering CFDs based on an Over-The-Counter (OTC) trading model -Yes-

■ Platform: Web Trading App & Mobile Trader

■ Trading Time Zone: GMT

■ Demo Account: There is -No- Demo Account; however, there is a free Standard account

■ Typical Trading Fee: 0.25% of the trade value for trading Equities and ETFs in the Standard Account type, and lower fees for paid plans

■ Trading Leverage (Only CFDs): Stocks 5:1 | Commodities 10:1 | Gold 20:1 | Major Indices 20:1

■ Scalping/Hedging: Hedging is allowed, but the broker's trading model is not suited for scalping

■ Promotions: Refer-A-Friend and Cash Rewards

■ Minimum Account: only $1

 

💱 ASSET INDEX & TRADING FEES

Revolut offers access to various stocks and Exchange-Traded Funds (ETFs). Additionally, cryptocurrencies, precious metals, and government bonds are available to all account types.

☑️ Stocks and Indices (Great variety, 3,260 stocks in the United States, and in total 4,500+ stocks from all over the world)

☑️ ETFs (a good selection of 160 different ETFs)

☑️ Forex Currencies (hold and exchange 25+ currencies, but without the advantage of using trading leverage -There are also Forward Contracts for businesses)

☑️ Cryptocurrencies (280+ cryptocurrency assets -You can also stake certain crypto assets)

☑️ Precious Metals (Gold, Silver, Palladium, and Platinum)

☑️ Bonds & Treasury Bills (20+ Government Bonds from Europe and the United States, including Turkey and Brazil) 🔗 More about Treasury Bills

 

TRADING PLATFORMS & MOBILE APPS

Revolut offers a web and a mobile trading app. Both are fully-featured and easy-to-use.

□ Desktop (Web) Platform:

🖳 Revolut offers a desktop trading platform that operates as an independent web app. On this platform, you may track your favorite assets, find news, and get access to financial analyses and reports.

Basic Features:

• Buy and sell stocks, ETFs, cryptocurrencies, and precious metals
  
• Multi-currency accounts (Exchange funds between over 35 currencies)
  
• Issue and use Physical and Virtual cards
  
• Earn interest on balances and stake cryptocurrencies
  
• Accounts for kids with their own cards and parental controls.
  
• Send money to over 160 countries
  
• Travel Rewards (Cashback on travel bookings)

□ Mobile App:

🖲️ The Revolut mobile app is quite advanced, and practically, you have access to every feature and financial market as with the web app.

Revolut offers a free “Standard Account”, plus four additional account types with monthly fees ranging from £4 to £55. The “Standard Account” type is suitable for the majority of retail traders. For those who plan to trade extensively, a paid plan will prove a more cost-efficient choice.

Press the following slider to review and compare their different account types.

💸 Funding Methods

Easily deposit and withdraw money to and from Revolut by using your own Revolut IBANs:

✅ Bank Transfer: Easily transfer funds from your bank or other account simply by using your Revolut account IBAN

✅ Card Payment: Add funds to your Revolut account by using debit/credit cards

✅ Cash Deposit: In the United States and some other countries, you can add physical cash at specific retailers by paying a fee

✅ Digital Wallets: Supporting Apple Pay and Google Pay

 

REVOLUT CORPORATE INFO

🌐 Main Company: Investment services are offered by Revolut Trading Ltd (No. 11567840), regulated by the FCA UK

🏢 Headquarters: registered in England and Wales -30 South Colonnade, London E14 5HX, United Kingdom

📞 Contact Information

• Phone number provided by the FCA UK: (+44) 2033228352 (international fees may apply)
• Automated Card Blocking Line (Global): (+44) 2033228352 (international fees may apply)
• Automated Card Blocking Line (USA): 844 744-3512
• eMail: support(at)revolut.com

 

 

REVOLUT REVIEW PROS & CONS (According to competition)

⚖️ REVOLUT.COM REVIEW CONCLUSIONS
☑️ REVOLUT PROS	❌ REVOLUT CONS
√ Highly-regulated and secure investing platform √ Extensive asset index including thousands of stocks, 280+ cryptocurrencies, 180+ ETFs, 4 precious metals, and 20+ Government Bonds √ Revolut cards for all account types √ Stake your crypto through the app and earn passive income when holding PoS (Proof-of-Stake) tokens like ETH and SOL √ No minimum deposit requirements to open an account (in most account types) √ Fundamental analyses, news, and equity trading reports, such as the 'Earnings Call' √ RoboAdviser	X Expensive trading fees compared to traditional exchanges X Not suitable for intraday trading or scalping X No Futures, Options, and other Derivatives (except CFDs) X No trading leverage when holding Forex assets

 

🏁 Review Conclusions -Overview

Founded in 2015 and headquartered in the UK, Revolut operates in 160 countries and provides its services to 65 million customers and 500 thousand businesses. The structure of Revolut includes three separate corporate entities: Revolut Trading Ltd is the core investment firm authorised and regulated by the Financial Conduct Authority (FRN: 933846). However, there are also two more companies, Revolut Ltd, also regulated by the FCA UK, and Revolut Digital Assets Europe Ltd (RDAEL), regulated by CySEC. The reason there are three separate entities instead of one has to do with legislation related to offering cryptocurrency products.

As concerns its asset index, Revolut offers thousands of stocks worldwide and a good variety of ETFs. There are also over 280 cryptocurrencies and four precious metals. What is particularly interesting is the ability to invest in over 20 government bonds. You can also exchange and hold 25+ different currencies, but without the ability to use capital leverage. However, capital leverage is available when trading other financial assets: 1:5 leverage for CFDs on stocks, 1:20 leverage for trading gold, and 1:20 leverage for CFDs on major indices. It must be pointed out that Revolut offers expensive trading fees compared to traditional exchanges, meaning it is not suited for intraday traders.

Concerning its trading platforms, both the desktop and mobile platforms are fully featured and easy to use. Apart from placing market or pending orders, you have the opportunity to access useful tools, news, and fundamental analysis reports. As concerns funding your Revolut account, the process is very straightforward, as you have access to multiple IBAN account numbers, meaning your Revolut account operates like a regular bank account. You can also add funds using a debit/credit card, Apple Pay, or Google Pay.

Final Verdict

After opening an account with them and depositing some funds, I can say that I found their services quite interesting. I like the fact that you can track so many stocks and ETFs very rapidly, as well as the fact that you can earn interest on your cash, compared to Skrill and PayPal, where I get no interest on my free cash. Additionally, it is interesting that you can stake certain cryptocurrencies and earn a small annual income. Overall, Revolut is a good choice for long-term investors, especially those who plan to invest in stocks and ETFs. Revolut is NOT a good choice for intraday traders, auto-traders, or those who plan to trade Foreign Exchange currencies.

🔗 Website: » https://www.Revolut.com

 

■ Revolut (Revolut.com) Trading Review

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