Revolut Crypto Fees | Are They Simply Too Expensive?
Mike Harry
Feb 2024
5 min read
Fact checked
This breakdown offers a thorough exploration of Revolut's Crypto Fee structure. By the end of this article, you will have a detailed understanding of all associated fees charged by Revolut including overall exchange fees, cryptocurrency fees, crypto commissions and more!
eToro USA LLC: Investments are subject to market risk. Including the possible loss of principal. Don’t invest unless you’re prepared to lose all the money you invest.
Revolut Crypto Fees
Established in 2015 by Nikolay Storonsky and Vlad Yatsenko, Revolut is a cutting-edge neobank headquartered in Vilnius, Lithuania.
With a reach spanning across 60 countries, including Europe, the US & UK, Australia, Singapore, Japan, and Switzerland, Revolut delivers a suite of digital banking and financial services through its user-friendly mobile application.
Its fresh approach to banking, competitive fees, and a plethora of innovative features have contributed to its extensive user base of over 25 million customers.
In addition to it's more traditional banking services, Revolut caters to crypto enthusiasts by supporting over 100 cryptocurrencies including well known ones like BTC, ETH, XRP, DOT, ADA, ICP among others.
But these services also come with different fees depending on which Revolut plan that you on. So let's review the trading fees offered by Revolut and see whether they are competitive or not!
Revolut Trading Fees
When it comes to trading fees for buying and selling cryptocurrencies, Revolut currently charges a commission fee of 1.99% or 1.49% per crypto transaction for Premium and Metal users.
There are no discounts for high volume trading and everyone pays the same fee. This is however a very steep fee that is up to 20X higher compared to real exchange like eToro, Coinbase and Binance.
Revolut Stock Trading Fees
The Revolut fee for stock trading is either 0.25% of the order amount or a minimum country-specific fee, whichever is greater.
For Ultra customers the commission rate is halved to 0.12%. This fee which locked in at the time of order placement is charged in either USD or EUR.
This depends on the instrument being traded, and is determined by the FX rate at that time.
Revolut Commission Free Trades
Revolut charges a commission per trade, which varies depending on the user's subscription plan.
The Standard plan offers one free trade, Plus offers three, Premium provides five, and Metal and Ultra plans come with ten free trades.
Following these free trades, a commission fee is applied to each transaction.
eToro USA LLC: Investments are subject to market risk. Including the possible loss of principal. Don’t invest unless you’re prepared to lose all the money you invest.