Is Revolut free?

Revolut does charge a commission for real stock trading on US markets, so in this sense it is not a free-to-trade broker. However, it might still be a reasonable choice for some of you, as there are many other aspects other than commissions that are important when you choose a broker. If you wish to stick with Revolut though, then you will find the fees they charge below. Alternatively, you could check our article detailing the best zero commission brokers and how their apps scored in our test.

We should note that the payment-for-order-flow model, which is used by some zero-commission brokers to generate income (rather than relying on commissions), could potentially create a conflict of interest between you and your broker. This could result in trade execution (like routing your orders to specific market makers) that might be unfavorable for you under certain market conditions, especially when using market orders (as opposed to limit orders, which seem to be less affected).

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Revolut fees
Overview of Revolut fees and charges

It's safe to say that Revolut's fees are low in general. They either don't charge a brokerage fee for things that other brokers do, or they only charge a small amount.

Here's a high-level overview of Revolut's fees

Revolut Fees snapshot
Assets Fee level Fee terms
US stock fee Low Unlimited free stock trades for Metal accounts; 5 and 3 monthly free stock trades for Premium and Plus accounts, respectively. 1 free trade for Standard accounts
EURUSD fee - Not available
US mutual fund fees - Not available
Inactivity fee Low No inactivity fee

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Revolut fees
Revolut fees explained

Online brokerages in general charge much lower brokerage fees than traditional brokerages do - this is largely because online brokerages' businesses can be much better scaled: from a purely technical standpoint, it doesn't make that much of a difference for them if they have 100 or 5,000 clients.

This is not to say, however, that they don't charge any fees at all. They make money by charging you various rates for various actions or events. Usually you need to keep an eye on the following three types of fees:

  • Trading fees - these are brokerage fees that you pay when you actually carry out a trade, like buying an Apple share or an ETF. What you pay is either a commission, a spread or a financing rate. Some brokers apply all of these.
    • A commission is either fixed or based on the traded volume.
    • A spread is the difference between the buy price and the sell price.
    • A financing rate or overnight rate is charged when you hold your leveraged positions for more than one day.
  • Non-trading fees. These are usually related to some operations you carry out in your account, such as depositing money, withdrawing money, or not trading for an extended period.

We compare Revolut fees with its closest competitors, Passfolio and SoFi Invest.

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Revolut fees
Revolut trading fees

Revolut's trading fees are low, which makes it suitable for you even if you trade often (i.e. several times a week).

Let's break down trading fees according to the different asset classes available at Revolut.

Trading fees

Revolut's trading fees are low.

Stock fees and ETF fees

Revolut has low stock trading fees.

Stock fees of a $2,000 trade
Revolut Passfolio SoFi Invest
US stock $1.0 $0.0 $0.0
UK stock - - -
German stock - - -

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Revolut fees
Revolut non-trading fees

When it comes to non-trading fees, Revolut is a rather cheap broker.

Non-trading fees include various brokerage fees and charges at Revolut that are not related to buying or selling assets. This can be a withdrawal fee, deposit fee, inactivity fee or account fee.

A high-level overview of how Revolut stacks up in terms of non-trading fees
Revolut Passfolio SoFi Invest
Withdrawal fee $0 $0.25 $0
Deposit fee $0 $0 $0
Inactivity fee No No No
Account fee No No No

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Revolut fees
Revolut deposit fee

Usually, brokers don't charge anything for deposits, and Revolut is no different.

Revolut deposit methods
Revolut Passfolio SoFi Invest
Bank transfer Yes Yes Yes
Credit/debit card Yes No No
Electronic wallets Yes No No
Deposit fee $0 $0 $0

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Revolut fees
Revolut withdrawal fee

Revolut generally doesn't charge a withdrawal fee.

Revolut withdrawal fees and options compared
Revolut Passfolio SoFi Invest
Bank transfer Yes Yes Yes
Credit/debit card Yes No No
Electronic wallets Yes No No
Withdrawal fee for bank transfer $0 $0.25 $0

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Revolut fees
Revolut inactivity fee

Revolut does not apply an inactivity fee, which is great because your account won't be charged even if you do not trade for an extended period (like several months or years).

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Author of this article

Ádám Nasli

Author of this article

Ádám is a motivated finance expert with over two years of experience in banking and investment, and a professional degree in this field. He's eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible.

Ádám Nasli

Broker Expert

Ádám is a motivated finance expert with over two years of experience in banking and investment, and a professional degree in this field. He's eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible.

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

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