Based in the United Kingdom, Revolut is an online financial services provider that offers access to trade cryptocurrencies, commodities, stocks, and other financial assets. They provide traders with a proprietary trading platform that is available as a mobile trading app. The minimum deposit required to begin trading is just $1.
Revolut Review, Pros & Cons
- Regulated company
- A proprietary mobile trading platform
- Educational resources
- Several financial markets
- Variety of financial products & services
- Limited funding options
- Limited trading instruments
- Restricted leverage
- No standalone trading tools
- No USA clients
In this detailed Revolut review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Since its launch in July 2015, Revolut has grown into an established money transfer service provider and exchange with over 12 million personal customers and more than 500,000 business customers from around 35 countries across the globe. They provide traders with some useful educational resources. There is also a client support team to assist traders. There are multiple trading account options to choose from.
Revolut Trading Ltd is a wholly-owned subsidiary of Revolut Ltd (No. 08804411), which is authorised by the Financial Conduct Authority under the Electronic Money Regulations, 2011 (Firm Reference 900562). Insurance related-products are provided by Revolut Travel Ltd which is authorised by the Financial Conduct Authority to undertake insurance distribution activities (FCA No: 780586) and by Revolut Ltd, an Appointed Representative of Revolut Travel Ltd in relation to insurance distribution activities. Revolut Ltd is an Appointed Representative of Lending Works Ltd for the activity of “operating an electronic system for lending”. Trading and investment services are provided by Revolut Trading Ltd (No. 832790). Revolut Trading Ltd is an appointed representative of Sapia Partners LLP (No 550103) which is authorised and regulated by the Financial Conduct Authority.
The broker offers its services to clients from different parts of the globe where the use of such services would not be contrary to local laws and regulations.
Some Revolut features and products mentioned within this Revolut review may not be available to traders from certain countries because of legal restrictions.
The broker provides traders with its proprietary trading platform, known as the Revolut Trading Platform, which is designed to enable clients to trade the various financial markets without stress. It features multi-currency corporate cards and allows users to track all their accounts and transactions in real-time on a single dashboard. The Revolut trading platform is available as mobile trading apps that are compatible with Android and iOS devices and can be downloaded from the respective app stores.
Revolut Trading Tools
There is no standalone trading tool on the broker’s website at the moment.
The broker’s website contains some educational resources, including trading articles, trading guides and the Revolut Blog, which keeps traders informed on the latest happenings in the financial markets. There is also the Trading FAQ section that answers some of the most common questions that traders may have.
The following trading instruments are available at Revolut: stocks, cryptocurrency, and stocks.
Revolut Accounts & Fees
The broker offers multiple account options to meet the personalized trading needs of all levels of traders, and they include Standard, Premium, and Metal Accounts. The accounts have low minimum deposit requirements starting from just $1.
As broker fees can vary and change, there may be additional fees that are not listed in this Revolut review. It is imperative to ensure that you check and understand all of the latest information before you open a Revolut broker account for online trading.
Revolut offers a knowledgeable client support team to respond to all traders’ inquiries via telephone, Live Chat, and social media.
Revolut Deposit & Withdrawal
Traders can deposit and withdraw funds to and from their trading accounts using any of the following payment methods:
- Bank transfer
- Bank cards
Revolut Account Opening
To open a live trading account, click on the ‘Sign In’ button, and you will be directed to download the app. A link will be sent to the phone number you provided. Complete your registration on the app, fund your account, and start trading.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.
Revolut is an online financial services provider that is based in London. The broker offers a proprietary trading platform for trading several financial instruments. Traders benefit from some educational resources and a dedicated client support team.
The value of investments can go up as well as down and you may receive less than your original investment or lose the value of your entire initial investment. Past performance is not a reliable indicator of future results. Also, currency rate fluctuations can adversely impact the overall returns on your original investment.