My opinion on Revolut
Revolut stands out as a modern fintech platform established in 2015, now trusted by over 30 million users worldwide, offering a highly intuitive app for money management, currency exchange, and limited investing. With a Trustpilot rating of 4.2/5 from more than 150,000 reviews, Revolut earns praise for its low fees on international transfers and currency conversions, but its investment features remain basic and are restricted in Canada. Revolut’s competitive pricing for banking services and straightforward fee model attract cost-conscious users, yet its selection of tradable assets—mostly US stocks and 100+ cryptocurrencies—falls short compared to Canadian brokerage heavyweights. Crucially, Revolut is not regulated as an investment dealer in Canada, so coverage of Canadian securities, advanced trading tools, and registered accounts (like TFSA/RRSP) are missing. Against regional competitors, Revolut excels with its digital-first approach and low-friction international payments, appealing to travelers and those seeking quick access to global currencies, but remains a secondary option for active or specialized trading strategies.
➡️ Casual investors looking for simplicity and accessibility: Revolut allows users to buy U.S. stocks and 100+ cryptocurrencies directly from an intuitive mobile app with transparent fees and minimal technical complexity.
➡️ Currency-focused users and international spenders: Ideal for frequent travelers or anyone making cross-border payments, thanks to competitive exchange rates and seamless multi-currency support.
➡️ Beginners exploring crypto without leverage: Revolut offers a simplified entry into cryptocurrency investing—without derivatives or advanced tools—making it suitable for first-time crypto users.
- ✅No minimum deposit required; account opening is free and fast
- ✅Intuitive mobile and web platforms for quick money transfers and tracking
- ✅Competitive currency exchange rates for 36+ global currencies
- ✅Access to 4,000+ US-listed stocks and 100+ cryptocurrencies (where available)
- ✅Slick budgeting, categorization, and analytics tools integrated in-app
- ✅Responsive in-app customer support with 24/7 access for premium users
- ✅Crypto spending through Revolut card (with instant conversion at point of sale)
- ✅No inactivity fees or hidden charges
- ✅Multi-currency accounts and instant exchange suitable for global travel
- ❌No Canadian registration or IIROC regulation; no CIPF protection
- ❌Investment products (stocks, crypto) are limited or unavailable for Canadian residents
- ❌No demo account or paper trading mode to practice strategies
- ❌No leveraged trading (CFDs, forex) for Canadian users
- ❌Cannot access Canadian stocks, ETFs, or registered accounts (TFSA/RRSP)
- ❌Higher crypto trading commissions (1.5–2.5%) than some specialized exchanges
- ❌No advanced trading platforms (e.g., MT4/MT5) or automated trading support
- ❌Custodial crypto wallets—no access to private keys
- ❌No copy trading, staking, or crypto lending functions
- ❌Monthly limits on free stock trades, after which fees apply
Score- ✅No minimum deposit required; account opening is free and fast
- ✅Intuitive mobile and web platforms for quick money transfers and tracking
- ✅Competitive currency exchange rates for 36+ global currencies
- ✅Access to 4,000+ US-listed stocks and 100+ cryptocurrencies (where available)
- ✅Slick budgeting, categorization, and analytics tools integrated in-app
- ✅Responsive in-app customer support with 24/7 access for premium users
- ✅Crypto spending through Revolut card (with instant conversion at point of sale)
- ✅No inactivity fees or hidden charges
- ✅Multi-currency accounts and instant exchange suitable for global travel
My opinion on Revolut
- ✅No minimum deposit required; account opening is free and fast
- ✅Intuitive mobile and web platforms for quick money transfers and tracking
- ✅Competitive currency exchange rates for 36+ global currencies
- ✅Access to 4,000+ US-listed stocks and 100+ cryptocurrencies (where available)
- ✅Slick budgeting, categorization, and analytics tools integrated in-app
- ✅Responsive in-app customer support with 24/7 access for premium users
- ✅Crypto spending through Revolut card (with instant conversion at point of sale)
- ✅No inactivity fees or hidden charges
- ✅Multi-currency accounts and instant exchange suitable for global travel
- ❌No Canadian registration or IIROC regulation; no CIPF protection
- ❌Investment products (stocks, crypto) are limited or unavailable for Canadian residents
- ❌No demo account or paper trading mode to practice strategies
- ❌No leveraged trading (CFDs, forex) for Canadian users
- ❌Cannot access Canadian stocks, ETFs, or registered accounts (TFSA/RRSP)
- ❌Higher crypto trading commissions (1.5–2.5%) than some specialized exchanges
- ❌No advanced trading platforms (e.g., MT4/MT5) or automated trading support
- ❌Custodial crypto wallets—no access to private keys
- ❌No copy trading, staking, or crypto lending functions
- ❌Monthly limits on free stock trades, after which fees apply
Score- ✅No minimum deposit required; account opening is free and fast
- ✅Intuitive mobile and web platforms for quick money transfers and tracking
- ✅Competitive currency exchange rates for 36+ global currencies
- ✅Access to 4,000+ US-listed stocks and 100+ cryptocurrencies (where available)
- ✅Slick budgeting, categorization, and analytics tools integrated in-app
- ✅Responsive in-app customer support with 24/7 access for premium users
- ✅Crypto spending through Revolut card (with instant conversion at point of sale)
- ✅No inactivity fees or hidden charges
- ✅Multi-currency accounts and instant exchange suitable for global travel
Why trust Hellosafe?
I’ve personally spent time using and testing Revolut in Canada to see how it really stacks up against other options. I opened an account, tested the mobile app and web platform, and tried out features like money transfers, currency exchange, and crypto buying. I also checked how easy it was to contact support, how the fees compared in practice, and where Revolut’s strengths and real limitations lie for Canadian users.
My assessment comes from real experience and direct comparison with other regulated brokers and platforms in Canada. I focused on how user-friendly the app is, the transparency of fees, and the platform’s focus on finance management versus actual investing. I noticed both the positives—like smooth currency exchange and a modern, easy-to-use app—and the negatives, such as the lack of Canadian securities, registered accounts, and IIROC/CIPF protection.
This review is based on my hands-on usage, not just research. My main aim is to help Canadian users understand where Revolut stands, what it does well, and whether it fits their needs compared to full-service investment brokers or trading apps.
Revolut at a glance
| Fonctionnalité | Détail |
|---|---|
| 💰 Dépôt minimum | No minimum required |
| 🛡️ Régulation | FCA (UK), Bank of Lithuania (EU); not an IIROC member in Canada |
| 🪙 Licence crypto | No Canadian crypto licence; crypto available through Revolut X in some regions |
| 📝 Enregistrement FSMA | Not registered with FSMA in Canada |
| 📈 Actifs disponibles | 4,000+ US stocks, 100+ cryptocurrencies (limited or unavailable in CA), gold, silver (not physical) |
| 📊 Plateformes de trading | Revolut mobile app (iOS, Android), web platform (limited), Revolut X (advanced crypto, not CA) |
| 🛠️ Outils de trading | Basic charting, instant orders, budgeting tools, multi-currency support |
| 🧪 Compte démo | Not available |
| ☪️ Compte islamique | Not available |
| 📝 Ordres clés | Market, limit, stop orders (stocks) |
| ⚖️ Effet de levier | No leverage for stocks or crypto; up to 1:5 CFDs (not for CA) |
| 💸 Frais | Stock trades: free monthly quota, then $1–$3/trade; crypto: 1.5%–2.5%; FX conversion: 0.5% markup possible |
| 📞 Support client | In-app chat, email; 24/7 for Premium/Metal, limited for others |
| 🌟 Avis Trustpilot | 4.2/5 (150,000+ reviews, global, July 2025) |
Security & Regulation
When evaluating Revolut’s security and reliability, I find that it offers a solid level of protection for basic banking and money transfer functions, as evidenced by its FCA e-money license in the UK and oversight from the Bank of Lithuania within the EU. However, in Canada, Revolut is not licensed as a bank or investment dealer, which means user assets aren’t covered by local investor protection schemes like CIPF, nor are funds held in insured deposit accounts.
For most users, funds are kept in segregated accounts as required by UK and EU e-money regulations, but Revolut does not offer features like proof-of-reserves for crypto holdings, nor a cold storage guarantee. Security tools such as two-factor authentication and instant card controls are available, which bolsters user account safety, yet Revolut does not provide negative balance protection or advanced risk controls for trading, since leveraged investing is generally unavailable in Canada.
Revolut enjoys a strong global reputation and a large user base, scoring well on review platforms like Trustpilot. Worldwide notoriety and coverage are well above average for a fintech, but the lack of Canadian regulatory recognition lowers my confidence for users prioritizing local assurance. For Canadians, I view Revolut as generally reliable for personal finance and cross-border payments, but it is not robust enough to be considered a secure or comprehensive investment broker.
| Indicator | Description | Evaluation |
|---|---|---|
| Regulatory compliance | FCA (UK) and Bank of Lithuania (EU) licenses; no Canadian investment dealer or bank license | 3 / 5 |
| Fund security | Segregated accounts (e-money); no CDIC/CIPF; no crypto cold storage/proof-of-reserves | 3 / 5 |
| Risk management tools | 2FA, instant card controls, spend limits; lacks advanced risk tools (no negative balance protection) | 3 / 5 |
| Notoriety and coverage | High global notoriety, 150,000+ Trustpilot reviews (4.2/5 rating) | 4 / 5 |
Fees, Spreads & Commissions
Revolut’s fee structure stands out for its transparency on basic account usage but reveals notable costs once you transition to trading stocks or cryptocurrencies. For everyday banking services—like account opening, funding, and standard bank withdrawals—fees are minimal or nonexistent, which positions Revolut as a cost-effective option for holding and transferring multi-currency balances compared to traditional banks and some fintech peers. However, international users should keep in mind that withdrawal fees can apply beyond free monthly limits, and premium account upgrades may disguise some costs in their monthly prices.
When it comes to stock trading, Revolut allows a set number of commission-free US stock trades each month depending on your account tier (typically 1–10 per month). Additional trades incur a fee of $1–$3 per transaction. While this can be competitive for low-frequency investors, active traders may find these limits restrictive and see the true cost rise above major brokers with bulk pricing or discounted structures. I also pay attention to hidden costs such as currency conversion and the relatively wide spreads that may apply outside major market hours or if using the free plan.
Crypto trading fees are where the platform’s costs can become less competitive. Revolut typically charges a buy/sell commission of 1.5–2.5%, which is material compared to dedicated exchanges that often offer lower fees, especially for higher-volume transactions. Spreads can fluctuate and may become wider in periods of high volatility. Custody of crypto assets remains with Revolut—there’s no access to private keys and external transfers are restricted for most users, which I view as a trade-off between convenience and full ownership.
Hidden costs are minimal for casual users but can become substantial for those trading at high volumes, making frequent international transfers, or holding large crypto balances. The lack of inactivity fees is a positive, but the reliance on foreign exchange markups outside the free thresholds and the fee structure for premium or metal accounts are important to consider in the context of total cost of ownership.
What are the account-related fees?
| Fee Type | Conditions at Revolut | Market Average |
|---|---|---|
| Opening fee | $0 | $0–$50 |
| Maintenance fee | $0 (Standard), $3–$16/month (Premium/Metal options) | $0–$15/month |
| Withdrawal fee | $0 up to monthly limit, then 2% beyond ($1 minimum) | $0–$5 per transaction |
| Inactivity fee | $0 | $0–$25/month |
| Currency conversion fee | 0.5% markup on weekends/over allowance (USD pairs) | 0.5%–2.0% (retail banks) |
Trip
For cost-conscious users, stick to Standard or Plus accounts for banking and low-frequency trading, and avoid frequent ATM or international withdrawals past monthly free limits. Always double-check live currency exchange and crypto rates in-app before you confirm a trade to minimize markup and spread costs.
What are the fees on stocks and ETFs?
Stock trading on Revolut is best for casual or entry-level US equities investors. Free monthly trades (1–10 per account tier) help keep occasional investing affordable, but beyond that, a flat per-trade commission applies. There are no custody, overnight, or UK stamp duty fees for US stocks. The platform makes its profit primarily from spreads and currency conversion on US trades, so high-frequency traders should calculate their effective cost per trade carefully compared to discount Canadian brokers.
| Fee Type | Conditions at Revolut | Market Average |
|---|---|---|
| Commission | $0 for 1–10 free US stock trades/month; then $1–$3/trade | $2–$10/trade |
| Spread fee | Varies (typically $0.02–$0.05/share) | $0.01–$0.03/share |
| Overnight fee | $0 (spot only, not leveraged) | $0 (spot), interest varies for margin |
| Custody fee | $0 | $0.5–$2/month or % of value |
| UK stamp duty tax | $0 (US stocks only) | 0.5% (UK stocks only) |
What are the fees on cryptocurrencies?
Crypto purchases on Revolut are user-friendly but costly compared to large crypto exchanges. Each transaction is subject to a 1.5%–2.5% buy/sell fee (depending on account tier and trading volume). Spreads vary by coin and by market conditions, and there are no overnight or custody fees as you do not control private keys. Transfer fees apply only to select external crypto withdrawals and depend on the blockchain network, not Revolut’s own charges.
| Fee Type | Conditions at Revolut | Market Average (crypto or CFD brokers) |
|---|---|---|
| Buy/sell fees | 1.5%–2.5% per trade | 0.1%–1.0% on most large exchanges |
| Spread fees | Variable (market dependent, often 0.2–1.0% extra) | 0.05%–0.5% typical |
| Overnight fees | $0 (spot, no leverage) | $0 (spot), 0.03%–0.15%/day (CFD) |
| Custody fees | $0 (custodial app, no private keys) | $0–$50/year (depends on broker/storage) |
| Transfer fees | Network fee (for coins that support withdrawal) | Network fee or flat $5–$25 |
Assets & Markets
Revolut is best described as a flexible fintech platform that combines global money management with a selection of accessible investment products. I appreciate the straightforward approach to spot trading US stocks, with over 4,000 equities available, all through an intuitive mobile app. The option to purchase fractional shares is a key benefit for those building portfolios with limited capital, and makes US market exposure far more inclusive.
A key highlight is the extensive crypto asset coverage, with more than 100 coins available for spot trading through Revolut X in supported regions. This provides significant diversity for those interested in digital assets, though availability and features can differ for Canadian users. The ability to exchange between 30+ fiat currencies using real-time rates is another functional strength, particularly for globally minded users or travellers.
However, there are several limitations in Revolut’s offering as an investment platform in Canada. The absence of Canadian-listed stocks and ETFs restricts local market diversification. Registered accounts such as TFSAs and RRSPs are not supported, which is a serious drawback for long-term, tax-advantaged investing. Fixed income (bonds), options, CFDs, leveraged forex trading, and direct commodities or index access are missing from the product lineup—further reinforcing Revolut’s focus as a supplement, not a comprehensive investment solution.
Another point to note is that crypto trading occurs with Revolut as a custodian, not direct ownership. Users cannot access crypto wallets with private keys, and there is no support for DeFi, staking, stablecoins, or NFT trading as of now. Those seeking advanced trading tools or access to regulated Canadian markets will find Revolut limiting, while casual investors or global nomads will find value in its currency features and mobile experience.
| Asset Class | Type | Number at Revolut | Market Average | Example Assets |
|---|---|---|---|---|
| Stocks | Spot (US only) | 4,000+ | 2,000–5,000+ (global) | Apple, Microsoft, Tesla, Amazon |
| ETFs | – | Not available | 500–2,000 | – |
| Cryptocurrencies | Spot | 100+ | 20–200 | Bitcoin, Ethereum, Solana, Cardano, Dogecoin |
| Currencies | Spot FX (exchange) | 30+ pairs (no leverage) | 20–80 | CAD/USD, EUR/USD, GBP/USD, JPY/USD |
| Commodities | E-money exposure | 2 (Gold, Silver) | 10–50 | Gold, Silver |
| Indices | – | Not available | 10–50 | – |
| Bonds | – | Not available | 500–2,000+ | – |
| Stablecoins | – | Not available | 2–10 | – |
| NFTs | – | Not available | 5–50 | – |
| Other derivatives | – | Not available | 10–100+ | – |
Trading Tools & Apps
Revolut delivers an exceptionally smooth mobile-first experience, making its app one of the most user-friendly fintech platforms for basic investing and finance management. The interface is visually appealing and clean, enabling quick navigation between budgeting tools, currency exchange, international payments, and asset purchase or sale. For newcomers, the simplified workflows for buying US stocks or swapping between major cryptocurrencies are highly accessible, while experienced investors may find the design efficient but somewhat limited in customization and depth.
Trading on Revolut is focused around fundamental actions: users can buy fractions of US-listed stocks and a diverse range of cryptocurrencies directly from the app. The absence of Canadian stocks, ETFs, or any registered accounts (like TFSA/RRSP) is a clear drawback for those seeking a core brokerage experience in Canada. Order options are confined to market, market-on-open, limit, and stop for equities, and crypto trading is executed at spot market rates, generally with visible spreads. No advanced or conditional orders (such as OCO or trailing stop) are available in the Canadian environment.
Technical analysis tools on the standard Revolut app are minimal—basic price charts and percentage-change displays are offered, but there are no overlays, indicators, or drawing tools like those found on platforms such as MetaTrader or TradingView. The advanced crypto experience via Revolut X is not fully accessible in all regions and primarily serves more engaged crypto traders, although even there, order management and charting remain basic compared to dedicated exchanges.
Crucially, Revolut does not support automation, algorithmic trading, scripting, or copy/social trading features. Trading signals and third-party platform integration are absent, making the platform best suited for buy-and-hold users or those needing quick asset conversion rather than active trading or portfolio construction. Staking, crypto earning/lending, and margin trading are not offered. Asset search is functional for US stocks and available cryptos, but filters are basic and there is no deep research suite.
Ultimately, Revolut is a strong complementary tool for Canadians managing currencies and dabbling in equities or crypto, but it does not serve as a complete brokerage solution, especially for those seeking advanced order execution, analytics, or integration with the Canadian investment landscape.
| Feature | Verified Details |
|---|---|
| Mobile app | Proprietary Revolut app (iOS/Android); no MetaTrader, no TradingView, crypto wallet within the app |
| Usability | Extremely fluid; highly intuitive and visually clean interface |
| Compatible software | Revolut mobile/web app only; no support for MetaTrader, TradingView, or external APIs |
| Order types | Market, market-on-open, limit, stop (no OCO, no trailing stop or take-profit for Canadian users) |
| Charting and technical analysis | Basic line charts, percentage change; no advanced indicators or technical overlays |
| Auto trading / Automated strategies | Not available; no bots, EAs, or API connectivity |
| Algorithmic trading | Not supported; no scripting or custom automation |
| Negative balance protection | Not directly applicable—no leveraged CFD/forex trading |
| Trading signals | Not available; no external signal integration |
| Asset search and filters | Simple search for US shares and major cryptos; limited filter and research functions |
| Spot stock purchase | Yes—US stocks only; no Canadian stocks/ETFs or derivatives |
| Staking and earn | Not available for Canadian users |
Trip
Set up biometric authentication and enable all in-app security notifications in Revolut to secure your funds. For tracking performance, export your transaction and portfolio history regularly—this simplifies year-end tax reporting and makes manual portfolio analysis easier, since Revolut lacks advanced analytics for Canadian residents.
Account Opening & Deposits
Account opening
Creating a Revolut account is a digital-first, streamlined process handled through the mobile app or web interface. Begin by downloading the Revolut app or visiting the website, then sign up using your email or mobile number. You'll be guided to fill in personal information, select your country of residence, and verify your identity by uploading a government-issued photo ID (such as a passport or driver's license). Occasionally, proof of address is also requested. As required by regulatory standards, you’ll complete brief KYC and, where applicable, a suitability questionnaire about your financial experience. Once documents are submitted, account validation usually takes just a few minutes to 1 business day. You’ll receive a confirmation in-app and by email once your account is live and ready for use.
Good to know
Selecting your preferred base currency during registration will help avoid unnecessary conversion fees down the road—pick CAD if you plan to use Revolut primarily for Canadian transactions.
| Item | Details |
|---|---|
| Opening procedure | Mobile/web registration, personal info, KYC, document upload, regulatory questionnaire |
| Validation time | Typically instant to 1 business day |
| Accepted deposit methods | Credit/debit card, bank transfer, Apple Pay/Google Pay; no stablecoin or crypto funding |
| Minimum required deposit | $0 (no minimum for opening or funding) |
| Required documents | Government-issued photo ID, sometimes proof of address |
| Practical tip | Use your phone’s camera to upload clear, legible document images for faster approval |
Deposits and withdrawals on Revolut
Depositing and withdrawing with Revolut is highly flexible and immediate for most users. You can fund your account by bank transfer, credit/debit card, or digital wallets like Apple Pay/Google Pay. Supported currencies are broad, with CAD, USD, EUR, and over two dozen others accepted, making multi-currency funding and holding straightforward. Deposits by card or wallet are typically instant, while bank transfers process within one business day. Withdrawals can be made by bank transfer (domestic or international) or to ATM (via the Revolut card); there are no minimums, but free withdrawals are capped based on your plan, after which small flat fees or percentage charges apply. Crypto and stablecoin deposits are not supported—crypto purchases and sales occur within the app’s custodial wallet, with fiat conversions done internally at app-set rates.
Good to know
For larger bank transfers, confirm your daily transfer limits with your financial institution and always review potential fees for cross-border or currency exchange transactions, especially outside free plan limits.
| Payment method | Accepted currencies | Minimum amount | Processing time | Possible fees |
|---|---|---|---|---|
| Credit card | CAD, USD, EUR, others | $0 | Instant | Usually free; card issuer may charge cash advance fee |
| Bank transfer | CAD, USD, EUR, 25+ others | $0 | 1 business day (typical) | Free for most personal plans; outgoing/incoming bank fees may apply |
| E-wallets | CAD, USD, EUR, GBP, others | $0 | Instant | Usually free |
| Stablecoins/crypto | Not supported | – | – | – |
| Other local options | Apple Pay, Google Pay | $0 | Instant | Free; subject to plan withdrawal limits |
Account Types
Revolut is a global fintech app and multi-currency platform rather than a licensed Canadian broker or full-featured crypto provider. Canadian users can open Standard, Plus, Premium, or Metal accounts, all supporting instant currency exchange, budgeting tools, prepaid cards, and limited (if any) access to US stock and crypto trading. While global users may access spot stocks and 100+ digital coins, features like leveraged CFDs, advanced professional accounts, and crypto staking/cold storage are generally missing or unavailable in Canada. Revolut does not support tax-advantaged (TFSA/RRSP) or classic securities accounts for Canadian residents.
| Account type | Available (✅/❌) | Main features |
|---|---|---|
| Demo account | ❌ | No practice or virtual trading mode; only live accounts |
| Standard account | ✅ | Core Revolut personal account (Standard, Plus, Premium, Metal) for everyday money management and trading |
| Raw ECN account | ❌ | Not offered; no direct market or ECN forex trading |
| Islamic account | ❌ | Not offered; no swap-free or Sharia-compliant account options |
| Professional account | ❌ | No distinct option; all accounts have similar features (higher plans add perks, not investment tools) |
| CFD account | ❌ | Not available for Canadian users; only spot trading & currency exchange |
| Classic securities account | ❌ | Direct access to Canadian stocks, ETFs, or registered accounts not available |
| Staking/earn account | ❌ | Crypto staking features are not supported in Canada |
| Cold storage account | ❌ | Crypto held in custodial wallets in-app; users cannot transfer to external cold storage |
| Tax-advantaged account | ❌ | No support for TFSA, RRSP, or other registered accounts |
| Accepted base currencies | Multi-currency (CAD, USD, EUR, GBP, others) | Store, spend, and exchange between 30+ currencies in-app |
Tip for Canadian Users
Canadians seeking investing or crypto trading should carefully review account and feature limitations. For safety, always enable two-factor authentication, and use Revolut for currency management or travel—not as a substitute for IIROC-regulated investing platforms or tax-advantaged accounts.
How Revolut compares to competitors
| Feature | Revolut | Questrade | Qtrade | IFC Markets |
|---|---|---|---|---|
| Minimum deposit | $0 | $0 | $100 | |
| Number of instruments | Wide range: Canadian & US stocks, ETFs, options, bonds, forex, CFDs | Canadian & US stocks, ETFs, mutual funds, bonds, options | Very wide via CFDs: Forex, stocks, indices, commodities, crypto | |
| Spreads (examples) | Stocks: $4.95-$9.95/trade; ETFs free to buy; forex from 0.8 pips | Stocks & ETFs: $8.75/trade; select ETFs free to buy | Forex from 1.2 pips; stock CFDs from 0.1% | |
| Trading platforms | Questrade Trading (Web), Edge (Desktop/Web), Mobile App | Web-based platform, Mobile App | MetaTrader 4 (MT4), NetTradeX (Proprietary) | |
| Regulation | IIROC member, CIPF protection | IIROC member, CIPF protection | Not regulated in CA (BVI FSC, Labuan FSA) | |
| Demo account | ✅ | ✅ | ✅ | |
| Copy trading | ❌ | ❌ | ✅ | |
| Read the review | Read the review Questrade | Read the review Qtrade | Read the review IFC Markets |
Customer reviews
Revolut has a Trustpilot rating of 4.2 out of 5, based on over 150,000 reviews as of July 2025. Les utilisateurs mettent en avant plusieurs aspects positifs de la plateforme, notamment :
- Easy and rapid account opening process
- Seamless currency exchange and multi-currency wallets
- User-friendly mobile app with intuitive interface
- Useful budgeting and analytics tools
- Competitive fees for currency exchange compared to banks
- Instant notifications and good travel features
En revanche, plusieurs points négatifs sont régulièrement évoqués dans les avis :
- Customer support response time can be slow, especially for standard (non-premium) users
- High fees on crypto transactions and certain premium features
- Limited investment options for Canadian users (e.g., no access to Canadian stocks or tax-sheltered accounts)
- No demo account for testing trading features
- Occasional app bugs and delays in verification
Voici quelques exemples représentatifs d’avis publiés sur Trustpilot :
*S.H. – 04/07/2025 : “Great for travel and currency exchange, but customer support can be slow at times.”* *L.D. – 19/06/2025 : “Easy to use app, but wish there were more investment options in Canada.”* *P.M. – 08/05/2025 : “Love the budgeting tools and instant notifications, but crypto fees are a bit high.”*
FAQ
Is Revolut regulated in CA?
Revolut is not a licensed investment dealer or bank in Canada. Its services are limited to prepaid cards, money transfers, and currency exchange, and it does not have IIROC or CIPF protection for investment accounts. Regulatory coverage for Canadian users is not equivalent to that of domestic brokers.
What is the minimum deposit on Revolut?
There is no minimum deposit required to open an account with Revolut in Canada. Users can fund their accounts with any amount, making the app accessible to a wide range of clients regardless of initial balance.
Does Revolut offer a welcome bonus?
Revolut occasionally provides promotional offers or referral bonuses, but there is no standing welcome bonus for new clients in Canada. Customers should check the Revolut app or website to see if there are any current incentives available.
How does leverage work on Revolut?
Leverage is not offered for Canadian users. Revolut does not provide margin trading or leveraged CFDs in Canada, limiting users to spot trading of stocks (where available), crypto, and currency exchange without leverage.
How does Revolut make money?
Revolut earns money through various fees including currency exchange markups (especially over free plan limits or on weekends), paid subscription plans (Plus, Premium, Metal), crypto trading spreads, select trading commissions, and additional service fees for expedited transfers or ATM withdrawals beyond plan allowances.
Who is behind Revolut?
Revolut is a UK-based financial technology company founded in 2015 by Nikolay Storonsky and Vlad Yatsenko. The company is headquartered in London and operates globally, providing app-based financial services to millions of users worldwide.
When was Revolut launched?
Revolut was launched in 2015 and has since become one of the world’s largest fintech apps, expanding its services across Europe, North America, and other regions. The company continues to add new features and expand its reach year by year.
Does Revolut offer copy trading or social trading?
Copy trading, social trading, and managed account services are not available to Canadian users on Revolut. All trades and investment actions must be executed manually by each account holder.
How can I contact Revolut’s customer service?
Customer support for Revolut is available via in-app chat and email. Premium and Metal subscribers receive access to 24/7 support, while standard support hours may be more limited. Response times can vary based on subscription level and request type.
Does Revolut offer any promotions or referral programs?
Revolut often runs referral programs and time-limited promotions that reward both existing and new users for referrals. The specifics and availability of these promotions may change, so it’s best to check the app or official website for current offers.
How does staking or earn work on Revolut?
Staking and interest-earning features are not offered to Canadian users. Revolut’s crypto service is limited to spot buying, selling, and spending cryptocurrencies within the app, with no staking, lending, or earn features currently available.
Does Revolut provide insurance or proof-of-reserve for customer funds?
Client funds held in Canadian Revolut accounts are not protected by CIPF or CDIC insurance. For crypto assets, Revolut acts as a custodian but does not provide proof-of-reserve attestations or specific insurance against hacking or insolvency. Users should review the latest terms within the app for updates on fund security.
Is Revolut regulated in CA?
Revolut is not a licensed investment dealer or bank in Canada. Its services are limited to prepaid cards, money transfers, and currency exchange, and it does not have IIROC or CIPF protection for investment accounts. Regulatory coverage for Canadian users is not equivalent to that of domestic brokers.
What is the minimum deposit on Revolut?
There is no minimum deposit required to open an account with Revolut in Canada. Users can fund their accounts with any amount, making the app accessible to a wide range of clients regardless of initial balance.
Does Revolut offer a welcome bonus?
Revolut occasionally provides promotional offers or referral bonuses, but there is no standing welcome bonus for new clients in Canada. Customers should check the Revolut app or website to see if there are any current incentives available.
How does leverage work on Revolut?
Leverage is not offered for Canadian users. Revolut does not provide margin trading or leveraged CFDs in Canada, limiting users to spot trading of stocks (where available), crypto, and currency exchange without leverage.
How does Revolut make money?
Revolut earns money through various fees including currency exchange markups (especially over free plan limits or on weekends), paid subscription plans (Plus, Premium, Metal), crypto trading spreads, select trading commissions, and additional service fees for expedited transfers or ATM withdrawals beyond plan allowances.
Who is behind Revolut?
Revolut is a UK-based financial technology company founded in 2015 by Nikolay Storonsky and Vlad Yatsenko. The company is headquartered in London and operates globally, providing app-based financial services to millions of users worldwide.
When was Revolut launched?
Revolut was launched in 2015 and has since become one of the world’s largest fintech apps, expanding its services across Europe, North America, and other regions. The company continues to add new features and expand its reach year by year.
Does Revolut offer copy trading or social trading?
Copy trading, social trading, and managed account services are not available to Canadian users on Revolut. All trades and investment actions must be executed manually by each account holder.
How can I contact Revolut’s customer service?
Customer support for Revolut is available via in-app chat and email. Premium and Metal subscribers receive access to 24/7 support, while standard support hours may be more limited. Response times can vary based on subscription level and request type.
Does Revolut offer any promotions or referral programs?
Revolut often runs referral programs and time-limited promotions that reward both existing and new users for referrals. The specifics and availability of these promotions may change, so it’s best to check the app or official website for current offers.
How does staking or earn work on Revolut?
Staking and interest-earning features are not offered to Canadian users. Revolut’s crypto service is limited to spot buying, selling, and spending cryptocurrencies within the app, with no staking, lending, or earn features currently available.
Does Revolut provide insurance or proof-of-reserve for customer funds?
Client funds held in Canadian Revolut accounts are not protected by CIPF or CDIC insurance. For crypto assets, Revolut acts as a custodian but does not provide proof-of-reserve attestations or specific insurance against hacking or insolvency. Users should review the latest terms within the app for updates on fund security.
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