Close my brokerage account
Closure steps
- Go to Invest in the bottom menu of the Revolut app
- Select 'More' on the right
- Tap 'Settings'
- Confirm you're sure about taking this step
- Review and agree to the Brokerage Account Closure Terms
You need to follow this process and close the account manually, as selling the assets to bring your balance to zero won’t automatically close the account.
Closure process
- Your assets will be sold once you agree to the Brokerage Account Closure Terms
- Settlement may take up to 2 trading days
- Funds will be transferred to your main Revolut Account
- Once your Brokerage account is cleared, the account will close
You'll get statements for your closed account in an offboarding email, and can also request them via our in-app chat. If you've closed your Brokerage account, and you're still eligible, you can re-open a Brokerage account. It won't be linked to your previous transactions.
As selling assets may trigger capital gains or losses, you should carefully consider the potential tax consequences of closing your Brokerage account. Revolut doesn't advise on tax-related matters. If you need advice, we recommend contacting a financial advisor.
Entity
Investment accounts are managed by Revolut Securities Singapore Pte Ltd.