Why choose Revolut
Revolut is a UK-based fintech that offers low-cost stock trading. Account opening is fully digital and really fast. In addition, the mobile app is well designed and user-friendly. It is a good choice for beginner investors.
On the downside, it doesn't offer popular asset classes like mutual funds or options. Research and educational tools are very basic, and customer support only answers some basic questions.
Also, Revolut has had some quite negative news coverage. In 2023, they were unable to submit their annual report in time. We also read reports about some fraudsters targeting Revolut customers and complaints that Revolut refused to compensate the victims. You should be careful here while using your account.
Revolut has moved its trading customers who reside in the European Economic Area to a new stock trading entity, called Revolut Securities Europe UAB (RSEUAB). Following the migration, users are not entitled to individual SIPC protection, but only to a $500,000 protection for all RSEUAB accounts combined. Additionally, cash protection for EEA users has changed to €22,000, compared to the previous €100,000 protection.
CFDs are banned in the US. If you are a US resident, you will not be able to trade CFDs at Revolut.
- Low stock fees
- Fast and easy account opening
- Great mobile trading platform
- Pays interest on uninvested cash
Not sure if this is the right broker for you? See the best ones.
See how the best brokers in the United States compare to Revolut
Fees
- Low non-trading fees
- Low stock fees up to a monthly limit
We compared Revolut's fees with two similar brokers we selected, eToro and Trading 212. These competitors were selected based on objective factors like products offered, client profile, fee structure, etc. See a more detailed comparison of Revolut alternatives.
Low stock and ETF commission
Revolut US stock fees are much higher than the industry average. US stock fees are calculated as follows: 10 free stock trades for Metal and Ultra accounts; 5 and 3 monthly free stock trades for Premium and Plus accounts, respectively. 1 free trade for Standard accounts. Thereafter the commission is 0.25% or minimum country-based fees, whichever is higher.
Broker | US stock |
---|---|
Revolut | $5.3 |
eToro | $0.0 |
Trading 212 | $0.0 |
No inactivity fee, no withdrawal fee
Revolut charges no inactivity, withdrawal or custody fees.
Broker | Inactivity fee | Withdrawal fee |
---|---|---|
Revolut | $0 | |
eToro | $5 | |
Trading 212 | $0 |
Other commissions and fees
High spot crypto fees: at Revolut, crypto trading costs 1.49% with a minimum of £1.49 to UK/Western EU clients, other countries have higher/lower fees, e.g. the minimum is £0.99 in Eastern Europe.
Broker | Mutual fund | US micro e-mini stock index futures |
---|---|---|
Revolut | - | - |
eToro | - | - |
Trading 212 | - | - |
Check out a detailed analysis of all the fees, commissions, and other charges levied by Revolut for more information.
Safety
- Majority of clients belong to a top-tier financial authority
- Banking background
Deposit and withdrawal
- Credit/Debit card available
- Free withdrawal
- No deposit fee
Account opening
- Fast
- Fully digital
- No minimum deposit
Mobile app
- User-friendly
- Good search function
- Touch/face ID login
Desktop platform
Product selection
FAQ
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.