How does the commission-free allowance work?
Your plan allowance
Depending on your Revolut subscription plan, you’ll be able to submit 1 to 10 commission-free orders per month. The allowance applies to stocks and ETPs orders and is shared between your General Investment Account and Stocks & Shares ISA. To check how many commission-free orders you have left:
- Tap your profile icon in the top left corner
- Select ‘Your plan’
- Scroll down to ‘Plan your wealth’
Orders outside of the commission-free allowance will be subject to a commission fee. For more information on the quotas for each plan and more about Revolut’s trading fees, visit this FAQ.
Placing an order
The commission-free order will be deducted from your allowance when you hit 'Submit' at the order confirmation page. Your allowance will also be deducted for any recurring buys, on the day they are placed.
Commission-free orders that are placed in the current billing cycle but get executed in subsequent billing cycles won't consume additional commission-free trades.
For example, a Metal customer has a billing cycle that starts on the first of the calendar month. They placed a limit order using a commission-free allowance from May. The limit order gets executed in June and the customer will still have 10 commission-free orders remaining in June's allowance.
Cancelling an order
If the commission-free order is cancelled within the same billing cycle, the commission-free trade will be added back to your allowance.
Commission-free trades cancelled in a subsequent billing cycle will not be added back to your allowance.