What fees will I be charged for my trading?
There are absolutely no hidden fees with Revolut. Find below the fees that are applied in different scenarios:
Commissions: we charge a commission per trade, outside the monthly allowance of 1 free trade, for Standard plans; 3 for Plus plans; 5 for Premium plans, and 10 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 you won't pay more (or less) in fees than you agree to when you submit your order, even if the price changes between you submitting that order and the Third Party Broker executing it.
This fee will be charged in USD or EUR, depending on the instrument you wish to trade, 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
*For Iceland, the equivalent minimum fee is ISK 154.30, but this may vary depending on currency conversion fluctuations.
**For Liechtenstein, the equivalent minimum fee is CHF 1.09, but 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 trading account. If, by any chance, your trading account doesn't have enough balance, the fee will be deducted from your Revolut current account, held with Revolut Bank UAB. We use the rate that applies at the time. You can see the applied exchange rate in-app. Please tap here for more information.
Currency exchange (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. To execute the order, you may need to convert the currency in your primary Revolut account to the appropriate currency, meaning a foreign exchange fee may apply.
You can see our current exchange rate in-app. Once you've converted a currency, your transaction history in-app will show the exchange rate we used, too. We use the rate that applies at the time the conversion is carried out.
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, 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 $0.000145 per share with a minimum charge of $0.01, and a maximum charge of $7.27. This is also known as the TAF or Trading Activity Fee.
When applicable, the fees levied will be charged on sell orders and withheld from your sales proceeds.
For example, if you wish to sell $100 worth of shares in a company, there is a minimum charge of $0.01 TAF fee, and the net proceeds of $99.99 will be deposited into your account.
If you're a customer of Revolut Trading Ltd., please see the answer to this question here.
To see which Revolut Trading Entity is your service provider, please click here.