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. This fee will be charged in USD using the FX rate at time of receiving the order.
Fees per trade are as follows:
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. 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 $22.10 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.