How to Buy S&P 500 with Revolut

How to Buy S&P 500 with Revolut

Explore whether Revolut is the right platform for investing in the S&P 500. Understand the fees and alternatives.

74% of retail CFD accounts lose money.

Summary: Revolut does allow investing in the S&P 500 but it is often viewed as a pricey option within the UK and Europe, given its high base commission of 0.25% and average spread surpassing 1.5%. Even though it's regulated by the FCA and provides a secure avenue for investing in the S&P 500, their substantial costs can deter careful investors.

As an alternative, we recommend eToro, which provides a more economical and safe option. As an FCA-regulated platform, eToro boasts an extensive range of over 3,000 assets, including the S&P 500, other stocks, crypto, and more. This is offered without trading fees and with competitive spreads.

Content Guide
Best Alternative to Revolut for S&P500
5.0 out of 5.0 by Datawallet.
eToro stands as the best platform for investing in the S&P 500 due to its user-friendly interface, low trading fees, competitive spreads, and a wide selection of over 3,000 tradable assets.
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 S&P 500 with Revolut? 

Yes, Revolut's trading platform enables its users to invest directly in the S&P 500, a popular and major U.S. index. The platform's offerings allow users to tap into the movements of this broad market indicator, which consists of 500 of the largest companies listed on stock exchanges in the United States.

However, Revolut applies a base commission of 0.25% and includes a spread that can often exceed 1.5%, making it a relatively expensive choice compared to other stock platforms in Europe. Despite the ease of access to investing in the S&P 500 via Revolut, potential users should be mindful of how these fees can substantially diminish the overall return on their investment.

How to Buy S&P 500 with Revolut

One of the best approaches to purchasing S&P 500 or NASDAQ shares via your Revolut account involves sending fiat currency from your mobile bank to a certified exchange. For those residing in the UK and EU, eToro comes highly recommended. This platform is renowned for its swift, inexpensive deposit procedures from Revolut, its regulatory compliance, and a vast array of over 3,000 tradable assets, including the S&P 500.

Below is a simplified guide to assist you:

  1. Visit eToro's website, create an account, and confirm your identity.
  2. Locate and click the 'Deposit Funds' button, usually at the bottom left of your screen.
  3. Select your desired fiat currency (like GBP or EUR) and payment method (such as Bank Transfer), then finalize the transfer operation from your Revolut account.
  4. Upon a successful deposit, use the funded balance to invest in the S&P 500.
Buy S&P 500 Revolut

What are the Fees?

Compared with other S&P 500 investing platforms, Revolut's fee structure tends to be relatively steep. The service imposes varying fees based on your "product plan", a monthly subscription that can go up to 11 Euros. Despite subscribing to the higher-tier Premium or Metal plans, users face a substantial 1.49% fee. Meanwhile, Standard and Plus users experience a 3% fee.

On the other hand, a regulated platform such as eToro presents a more affordable solution. It charges no trading fees and maintains a variable spread that typically averages around 1% across its comprehensive range of tradable assets, including the S&P 500.

Is Revolut Good for Buying S&P 500 or NASDAQ? 

In the UK and Europe, using Revolut as a platform for buying into indices such as the S&P 500 or NASDAQ might not be the most economical option. It's important to note that the transaction fees on Revolut are generally three times higher compared to other platforms. Besides, they have a monthly subscription fee and offer a limited selection of market indices, including the S&P 500. While regulated by the FCA, the substantial fee structure could notably diminish potential returns for investors in these markets.


Bottom Line

In conclusion, while Revolut offers an accessible platform to buy S&P 500 shares, its high fee structure and limited offerings might not be appealing for all investors, especially those in the UK and Europe. The platform's commission and spread fees can noticeably eat into potential returns, making it less attractive than alternatives such as eToro.

eToro offers a wider range of tradable assets and charges no trading fees, maintaining a more favorable spread average. Therefore, despite Revolut's advantages, potential users should carefully weigh the benefits against the costs before deciding where to invest in the S&P 500.

Frequently Asked Questions

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

What are the fees for buying S&P 500 shares on Revolut?
What are the downsides to using Revolut for investing in the S&P 500?
Is Revolut a regulated platform for investing?