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Does Revolut have a custody fee?

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Updated
Aug 2024
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Does Revolut charge a custody fee as of August 2024?

Wondering if Revolut charges a custody fee is like trying to figure out if an airline has hidden baggage fees. It might be confusing. Let me make it simple for you.

Good news – they don’t charge one. With no custody fees at Revolut, you can keep more of your money working for you.

At BrokerChooser, we only publish objective analyses based on live testing. Every recommendation is unbiased and based on first-hand experience: we open a live account anonymously at each broker, deposit real money and test every important feature.

Revolut is a UK-based fintech startup that offers low-cost stock trading. Revolut Trading Ltd is regulated by the FCA.

Revolut custody fee explained:
Tamás
Tamás Gyuriczki
Investments • Stock Market • Market Analysis

Together with my brokerage analyst colleagues, I thoroughly tested the services of Revolut by opening a real-money account and executing actual trades on its platforms. Here’s what you need to know about the custody fee at Revolut.

  • Custody fees are like paying for parking in a secure garage.

  • Look out for other non-trading fees.

  • Still looking for the best broker? Check our top list.

Overall score
3.9/5
Minimum deposit
$0
Stock fee
Low
Inactivity fee
no
Account opening
1 day

What is a custody fee?

Just as you pay to keep your car safe from theft and weather damage, a custody fee ensures your investments are securely stored and managed.

For example, consider an investment account worth $75,000. You might pay a custody fee of 0.3% per year, amounting to $225 annually.

This fee covers the costs of safekeeping, insurance, and administrative services, providing you with peace of mind that your assets are protected. It is typically a percentage-based fee calculated based on the value of the positions you are holding.

Revolut non-trading fees and more

While custody fees are one piece of the puzzle, it's important to be aware of other potential fees that might appear in your investment account.

Just like those unexpected service charges on your phone bill, brokers can have a range of non-trading fees that add up if you're not careful. Let’s take a closer look at these fees at Revolut so you can avoid surprises and keep your investment costs in check.

Revolut non-trading fees highlights
💰 Revolut custody fee No custody fee
💰 Revolut account fee 0.12% custody fee
💰 Revolut inactivity fee No inactivity fee
💰 Revolut withdrawal fee $0
💰 Revolut deposit fee $0
🗺️ Country of regulation UK, Lithuania, USA, Singapore

Data updated on August 27, 2024

To learn more about Revolut's fees and charges, read our article about Revolut's fee structure.

Look for the best broker from our top list

If you are looking for the best broker, check our top list.

BrokerChooser evaluates 9 key areas for all brokers including fees, safety, ease of account opening, education, and trading platforms. We check more than 600 criteria for each broker and finetune our methodology every year based on our own and our users' experiences. We have more than 100 brokers reviewed on our site and our team of analysts examines more than 60,000 data points overall.

If you are interested in Revolut in general, check our comprehensive review.

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Further reading

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.

author
Tamás Gyuriczki
Author of this article
As a financial expert with BrokerChooser, I play an integral role in the analyst team by actively reviewing many of the 100+ brokers that are listed on our site. I personally open accounts with real money, execute trades, test customer services. My hope is that my first-hand experience with these brokers, incorporated in our reviews, helps users find the most suitable broker for their needs.
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