Overview of Revolut Trading Ltd's omnibus account
Trading Customer Agreement update
We have updated the Revolut Trading Customer Agreement to reflect business changes following our authorisation by the Financial Conduct Authority (FCA) on the 18th November 2024.
We are transitioning from a fully disclosed model, where each of our customer's accounts are individually registered with our third-party broker, to an omnibus account model.
The omnibus account model is a market standard for trading services, where each of our customer's accounts are consolidated and managed collectively under a single account structure within Revolut Trading Ltd. This will allow enhancing our services and product offering.
Differences in account models
The main differences triggered by the new omnibus model from a customer's perspective are the following:
- Contractual relationships
- Account structure
- Investment protection in case things go wrong
- Cash protection in case things go wrong
To learn more about each change, read this FAQ.