How to Buy ETFs with Revolut

How to Buy ETFs with Revolut

Dive into Revolut's ETF options, their transaction costs, and how it might affect your investing journey.

74% of retail CFD accounts lose money.

Summary: Revolut enables investment in numerous ETFs and is often regarded as an expensive choice within the UK and Europe, owing to its high base fee of 0.25% and average spread in excess of 1.5%. Despite being FCA regulated and safe for ETF investing, their high costs are a significant deterrent to prudent investors.

As an alternative, we advocate for eToro, which offers a more cost-effective and secure solution. Being an FCA-licensed exchange, eToro boasts an impressive list of over 3,000 assets, encompassing ETFs, stocks, crypto and more, all without trading fees and competitive spreads.

Content Guide
Best Alternative to Revolut for ETFs
5.0 out of 5.0 by Datawallet.
eToro emerges as a superior alternative to Revolut for ETFs due to its lower fees, larger selection of tradable assets, and cost-effective trading, especially for investors in the UK and EU.
Deposit Methods
Bank Transfer, SEPA, Debit Card, Credit Card and more.
Supported Assets
3,000 Stocks, ETFs, Commodities and more.
Licensing and Regulation
Financial Conduct Authority (FCA), CySEC, ASIC, the AMF and more.

74% of retail CFD accounts lose money.

Can you Buy ETFs with Revolut?

Yes, Revolut's trading platform enables users to invest in Exchange-Traded Funds (ETFs), providing a diverse range of options. Notable ETFs on the platform include those tracking major indexes like the S&P 500, NASDAQ, and other global markets.

However, Revolut charges a high base fee of 0.25%, coupled with a spread that often surpasses 1.5%, making it one of the costlier options within the industry. While this platform offers easy access to ETF trading, it's crucial for potential users to remember that these fees can significantly impact investment returns.

How to Buy ETFs with Revolut

The most recommended method to purchase ETFs using your Revolut account is by transferring fiat currency from your mobile bank to a regulated exchange in your locality. We strongly suggest eToro for investors in the UK & EU due to its licensure, swift and inexpensive deposit mechanisms from Revolut, and an impressive list of over 3,000 tradable assets.

Here's a quick step-by-step guide to get you started:

  1. Go to eToro's website to create an account and verify your identity.
  2. Click on the 'Deposit Funds' button, typically located on the lower left of your screen.
  3. Choose your fiat currency (for instance, GBP or EUR) and your preferred payment method (like Bank Transfer), then complete the transfer process from your Revolut account.
  4. Once the deposit is successful, utilise the credited funds to invest in your chosen ETFs.

Revolut ETFs Fees 

Compared to other ETF investing platforms in the area, Revolut has one of the most costly fee structures. The service levies varying fees based on your "product plan", a monthly subscription that can reach up to 11 Euros. Premium & Metal users are subject to a steep 1.49% fee, despite being on a higher subscription tier, whereas Standard & Plus users are charged a 3% fee.

Contrastingly, a regulated platform such as eToro provides a much more cost-effective alternative, charging no fees for trades and maintaining a variable spread that averages around 1% across its extensive range of available assets.

Is Revolut Good for Buying ETFs? 

For investors in the UK and Europe, Revolut might not be the optimal platform for purchasing ETFs. This is primarily due to their high transaction costs, a monthly subscription fee, and a limited selection of ETFs. Moreover, while their investment services are FCA regulated, their high fee structure could still pose a substantial risk to investors' potential returns.

Revolut ETFs

Bottom Line

In summary, although buying ETFs via Revolut is possible, the platform's elevated transaction fees and limited ETF range may deter potential investors. Its easy accessibility notwithstanding, the high fees could significantly reduce investment returns. For UK and EU investors, alternative platforms like eToro could offer a more affordable and varied ETF trading experience. As always, prospective users should carefully weigh the pros and cons of each platform before deciding.

Frequently Asked Questions

Got More Questions? We've Got Answers:
A Guide to Commonly Asked FAQs.

What major ETFs are available on Revolut?
What's Revolut's fee structure for different subscription tiers?
How do I fund my Revolut account for ETF purchases?