Operating from the United Kingdom, Revolut is an online financial services provider that offers a proprietary trading platform to enable clients to trade multiple financial instruments, including cryptocurrencies, commodities, stocks, and more. Since its inception in July 2015, the broker has grown significantly, with over 12 million personal customers and more than 500,000 business customers from around 35 countries across the globe. There are learning resources and a client support team available to assist traders. They offer multiple trading account options with a minimum deposit requirement of just $1.
Revolut Review Introduction
In this Revolut review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including Revolut.
Revolut Platforms & Tools
Trades are carried out using the Revolut trading platform, which is developed in-house to enable traders to seamlessly trade the various financial assets that are offered by the broker. The platform has a multi-currency corporate card that allows users to track all their transactions in real-time on a single dashboard. Revolut provides their proprietary trading platform as a mobile app that is designed for smartphones running on Android and iOS. The mobile app can be downloaded from the relevant app stores and used to manage trades from anywhere, even while on the go, as long as there is an internet connection.
Revolut Research & Education
Clients can access various educational resources from the broker’s website. These resources help to improve clients’ trading skills, and they include trading blogs, articles, and an FAQ section that answers their most common questions.
Revolut Trading Accounts
The following live trading account types are available at Revolut: Standard, Premium, and Metal Accounts. The accounts are denominated in euros and have minimum deposits starting from just $1.
Revolut Account Funding
The broker accepts deposit and withdrawal requests via multiple payment methods, including bank transfers, bank cards, cash, and cheque.
Some payment methods may be unavailable in certain countries, while the time taken to process transactions are dependent on the payment method in use.
Revolut Customer Service
The broker’s customer support team is always on hand to respond to traders’ general, technical, and account-based inquiries via telephone, Live Chat, and social media.
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 for 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
Revolut Review Summary
Revolut is a British forex and CFD broker that allows its clients to trade different financial markets through a proprietary mobile trading platform. Traders benefit from some educational resources and a knowledgeable client support team. There are different trading account options with a minimum deposit of $1. The broker is regulated by the FCA in the United Kingdom.
It is worth mentioning that some of the trading products and services in this Revolut review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the Revolut broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.