Commodities prices, rates, and fees
Rates
The commodity price depends on whether you're buying or selling. You'll see either the buy rate (ask) or the sell rate (bid) in-app before making the transaction. The difference is called the 'spread' and has two components: the market spread and Revolut's mark-up applied per order.
Commodities fees
We apply a fee when you buy or sell commodities.
- Standard plan: The fee is the higher of a fixed minimum fee of S$1.49, or a variable fee which is 0.99% of the order value
- Premium or Metal plan: The fee is the higher of a fixed minimum fee of S$1.49, or a variable fee which is 0.49% of the order value
On some plans, your commodities conversions may count towards your exchange fair usage limit. You can learn more in this FAQ in our Help Centre.
We'll show you the rate, the fees, and the total cost in the Revolut app before you make any exchange.
Pricing sourcing and measurement
Commodities trade very similarly to fiat currencies. There are different locations where commodities can be settled, for example, London and Zurich. Prices may vary depending on the location. The price shown in-app reflects the market value of one troy ounce, which is the standard unit of measure for commodities and roughly equates to 31 grams of gold.