Revolut Invest App for driven investors is now live in Greece, Czechia and Denmark

Termék és funkció · 2024. szeptember 24.

  • Greece, Czechia and Denmark are the first pilot countries where Revolut customers can sign-up to Revolut Invest App, a powerful standalone app for dedicated investors.
  • While more than 40M customers can explore learning courses, build first portfolios and gain confidence in the markets investing directly from their main app, the dedicated Revolut Invest App is designed solely for investing and offers more than 4,000 financial instruments ranging from US and EEA-listed stocks, commodities¹ and ETFs to recently added bonds.
  • Revolut continuously upgrades its investing ecosystem, enabling customers to take short and long positions with CFDs², benefit from competitive FX rates, forget about custody fee and inactivity fee, optimise tax with W-8BEN form, trade extended US hours, automate transactions and enjoy high performance user interface for advanced investors.

Revolut, the global fintech with more than 45 million customers worldwide, announced today the release of its Revolut Invest App for driven investors in three European countries: Greece, Czechia and Denmark. The pilot launch comes after CFDs² and bonds were added into the Revolut offering in these markets. Investment services in the EEA are provided by Revolut Securities Europe UAB (Revolut).

Revolut Invest App emerges from the robust ecosystem of Revolut services like global zero-cost instant peer-to-peer transfers and competitive FX rates, but is a standalone app designed for one purpose only: investing. While millions of customers can still begin their investing experience with learning courses and help from Robo-Advisor in the main app, experienced investors can take their investing to the next level on a dedicated Revolut investing app.

Revolut listened to feedback from the community of active investors already using its Trading Pro (paid monthly subscription with higher limits at 1.5M $/€, lower commission for stocks and ETFs at 0.12% per trade, no minimum fee) and Trading Terminal (desktop). It removed fees like custody fee (previously at 0.12% of annual market value of assets), while keeping inactivity fee at zero level. It also doesn’t ask for a minimum deposit. Instead it added multiple requested features like recurring buys, limit and stop orders, recurring buys, increased trading limits, extended US hours (+9.5h) and Global Markets feature that allows to track indexes of global markets and major macroeconomic indicators (inflation, unemployment, GDP, interest rates and more).

Having in its rapidly growing portfolio more than 4,000 financial instruments - from government and corporate bonds, commodities¹, US and EEA-listed stocks to ETFs and CFDs² - the natural next step for Revolut was to consolidate all of them under a high performance standalone investing app for dedicated investors. Whether they want to go long or short, they can trade assets with leverage, optimise strategy with detailed analytics and track in depth market news.

Rolandas Juteika, Head of Wealth and Trading (EEA):

“With our Revolut Invest App we want to disrupt the world of traditional investing platforms who expose traders to high foreign exchange rates, ask for minimum deposits and charge them different fees like inactivity fee. We are fixing this. We let our customers forget distractions and focus solely on investing by saving their time and putting all investments related tools in one single and easy to use place - Revolut Invest App.”

“I’m proud that in a matter of months we built end-to-end investing ecosystem where millions of Revolut customers can begin their journey with learning courses and low risk products such as government bonds, choose their investing strategies with the help of Robo-Advisor, and continue building their skills and portfolios with thousands of financial instruments we offer.”

“We listened to feedback coming from active investors who already use our Trading Pro plan and desktop Trading Terminal. They wanted no distractions, low fees, transparency, speed, high performance interface and advanced tools. Not to mention essentials, like fast onboarding, embedded W-8BEN tax form or competitive FX rates. We delivered. Revolut Invest App is live.”

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The most recent additions to Revolut investing products portfolio are Robo-Advisor, CFDs², global markets and bonds released earlier this year.

Revolut’s experienced customers are able both to go long to benefit from bullish markets, and to go short and benefit from bearish markets. This is thanks to the addition of CFDs² trading on US equities, US indices and commodities¹. For the first time Revolut’s experienced customers are also able to trade with leverage.

Another major product added recently are bonds. Revolut currently allows investing in over 40 government and corporate bonds, and will expand the list in the coming months. The minimum amount to start investing in bonds is USD/EUR 100, with 0,25% fixed fee per trade (min USD/EUR 1).

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Adding CFDs² and bonds investing is yet another step in Revolut’s mission to build an all-in-one investment platform that is multi-asset class, has coverage across EEA markets and caters to both advanced and beginner users. With access to more than 4000 US and EU listed companies, bonds and Exchange Traded Funds (ETFs), users can check the performance of their investments in real-time with live watchlists, trading charts, and market news – all within the Revolut app.

Earlier this year, Revolut removed the custody fee (0.12% of annual market value of the assets) for all financial instruments. Customers in the UK and EEA are no longer ‌charged for holding stocks and ETFs.

Revolut has recently introduced a wide array of investment options for its customers across the EEA, all available within the Revolut app: US, EEA stocks, ETFs and now bonds. The company has also introduced Trading Pro - a subscription for more active investors with discounted commission fees, higher order limits, advanced portfolio analytics and a desktop Trading Terminal. For less experienced investors, Revolut offers its Robo-advisor service, which is most advantageous for customers who don't have time to do extensive research and actively trade, or have limited or no investing experience.

Investment services in the EEA are provided by Revolut Securities Europe UAB (“Revolut”), which is an investment firm authorised and regulated by the Bank of Lithuania. As with all investments, capital is at risk. The value of investments can go up and down and Revolut does not guarantee that your investment objectives will be achieved or that the portfolio will generate returns.

--DISCLAIMERS–

(1) Commodities are provided by Revolut Ltd. Revolut's commodities services including gold is not regulated by the Financial Conduct Authority

(2) CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

(3) Revolut Securities Europe UAB is an investment firm authorised and regulated by the Bank of Lithuania. Information contained herein is not a personal recommendation, investment advice or offer to take any investment decision. For further information, please see Revolut’s Trading Terms and Conditions, fees FAQ page, and risk description.

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