There are absolutely no hidden fees with Revolut. Find below the fees which are applied in different scenarios:
Commissions: we charge a commission per trade outside the monthly allowance of 1 free trade for Standard plans , 3 free trades for Plus plans and 5 free trades for Premium plans while Metal users enjoy limitless commission-free trades.
The commission fee is the greater of 0.25% of the order amount or the minimum country-specific fee listed below. This fee will be charged at the time we receive the order. This means that you will not pay more (or less) in fees than you agree to when you submit your Order, even if the price of the Instrument changes between you submitting that Order and the Third Party Broker executing it.
This fee will be charged in USD using the FX rate at the time of receiving the order.
Minimum country-specific fees per trade are as follows:
*For Iceland, the equivalent minimum fee is ISK 154.30 however this may vary depending on currency conversion fluctuations.
**For Liechtenstein, the equivalent minimum fee is CHF 1.09 however this may vary depending on currency conversion fluctuations.
Custody fees: Currently 0.12% / 12 bps (on an annual basis) of the market value of your assets held by the Third Party Broker in your account with it, which are charged monthly. The fee will be deducted from your Revolut Electronic Money Account (your investment account). We use the rate that applies at the time. You can see the applied exchange rate in the Revolut app. Please see here for more information.
Regulatory fees: These are fees imposed on US stock trading by regulators, the Securities Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) which are levied on brokerage firms for engaging in stock trading.
The SEC levies a $5.10 fee for every $1,000,000 of principal sold, rounded to the nearest cent.
FINRA charges brokerage firms a small fee on sell orders, which is passed through to the SEC to support the costs of regulation and supervision. For stocks and ETFs all sales are charged at a rate of $0.000119 per share with a minimum charge of $0.01 and a maximum charge of $5.95. This is also known as the TAF, or Trading Activity Fee.
When applicable, the fees levied will be charged on sell orders and will be withheld from your sales proceeds.
For example, if you wish to sell $100 worth of shares in a company and there was a minimum charge of $0.01 TAF fee, the net proceeds of $99.99 will be deposited to your account.