What fees will I be charged for my trading?
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 one free trade, for Standard plans; three for Plus plans; five for Premium plans and ten for Metal plans.
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:
- GBP 1
- Eurozone Iceland* and Liechtenstein**: EUR 1
- Denmark: DKK 9
- Norway: NOK 11
- Poland: PLN 4
- Romania: RON 5
- Czech Republic: CZK 28
- Sweden: SEK 11
- Bulgaria: BGN 2
- Hungary: HUF 368
- Croatia: HRK 8
*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 $22.90 fee for every $1,000,000 of principal sold, rounded up 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 $0.000130 per share with a minimum charge of $0.01 and a maximum charge of $6.49. 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.
FX fees: The currency in which the order should be executed is determined by the currency in which the instrument is traded on the relevant market. In order to execute the order you may need to convert the currency in your primary Revolut account to the relevant currency, therefore a foreign exchange fee may apply. You can see our current exchange rate in the Revolut app. Once you have converted a currency, your transaction history in the Revolut app will show the exchange rate we used too. Revolut uses the rate that applies at the time the conversion is carried out.
Introduction to stock trading
- What is a stock?
- Where do stocks come from?
- What is stock ownership?
- Why do people buy stocks?
- How could you lose money from buying stocks?
- What are stock markets?
- What is a stock broker?
- What is a stock price?
- What is a bid-offer spread?
- What are stock charts?
- What is commission?
- What are bullish vs bearish markets?
- What is technical analysis?
- What is fundamental analysis?
- What are analyst recommendations?
- What are stock financials?
- What is EPS (earnings per share)?
- What is a P/E ratio (Price-to-Earnings)?
- What is a P/CF ratio (Price-to-Cashflow)?
- What is ROE (Return on Equity)?
- What is Market Sentiment?
- What are Market Sentiment Indicators?
- What is the VIX?
- How does News and Social Media impact stocks?