Can I Buy Stocks with Revolut?

Yes, Revolut allows users to invest directly in stocks, ETFs, and commodities, broadening its services beyond digital banking. This feature provides access to a wide range of global markets, enabling users to purchase shares from diverse companies.

Be aware of the costs associated with trading on Revolut. The platform charges a base fee of 0.25% and a spread that can exceed 1.5%. These fees are higher compared to other European stock trading platforms. Consider these costs as they can impact your investment returns.

How to Buy Stocks with Revolut

Investing in stocks with Revolut is straightforward by transferring funds to a regulated brokerage platform such as eToro. eToro, regulated by tier-1 authorities worldwide, ensures secure fund transfers and provides access to over 4,500 stocks, ETFs, and commodities.

Here’s a simple guide to start investing with Revolut:

1. Select a Broker: Create an account on eToro and complete the identity verification process.
2. Setup Your Account: Go to the 'Deposit Funds' option in the eToro dashboard.
3. Transfer Funds: Choose your preferred currency and method, such as Bank Transfer, to transfer funds from your Revolut account to eToro.
4. Begin Trading: Once your eToro account is funded, you can start investing in your selected stocks.

Revolut Stock Investing Fees

Investing in stocks through Revolut incurs different fees depending on your subscription plan. The monthly fees can reach up to 11 Euros. Users with Premium and Metal plans face a 1.49% transaction fee, while Standard and Plus plan users are charged 3%.

Alternatively, using a regulated platform like eToro can be more cost-effective. eToro does not charge up-front trading fees and operates on a variable spread model. The spread, which is the difference between the buying and selling price, averages around 1% for various tradable assets, including popular stock market ETFs.

Is Revolut Good for Stock Investing?

For investors in the UK and Europe, assessing Revolut's suitability for stock investing requires careful consideration. Despite being regulated by the Financial Conduct Authority (FCA), the platform has notable drawbacks. These include high transaction fees, significant spreads, mandatory monthly subscriptions, and a limited selection of equities.

These factors, especially the fee structure, can impact investment returns. Potential investors should evaluate these elements in relation to their investment goals and strategies to determine if Revolut meets their needs for stock investing.

About Revolut

Revolut is a financial app that offers stock trading, foreign currency spending, and high-interest savings. Users can earn RevPoints on purchases, manage joint accounts, and transfer money globally at competitive rates. The platform provides access to over 2,000 stocks, starting from just $1, within a secure environment regulated by the Financial Conduct Authority (FCA). With various subscription plans, Revolut caters to diverse financial needs and helps users manage and grow their money effectively.

Bottom Line

Revolut offers a convenient way to invest in stocks, ETFs, and commodities, but it's important to consider the associated fees and limitations. While its platform provides access to global markets, higher transaction costs and limited equity options may impact returns. Using regulated brokers like eToro can be a more cost-effective alternative.

Evaluating these factors against your investment goals will help determine if Revolut aligns with your financial strategy.