My opinion on Revolut
Revolut is a globally recognized fintech platform established in 2015, known for its user-friendly app, competitive pricing, and broad financial ecosystem—although it is still in the process of securing regulatory approval to fully re-launch in Canada. The platform offers strong multi-currency and crypto features, commission-free stock trading (within tier limits), and access to over 230 cryptocurrencies with spot trading and staking, while maintaining low-to-moderate transaction fees and no inactivity or management charges. Revolut does not currently offer leverage or derivatives like CFDs to Canadian clients and has moderate spreads and markups depending on the asset and account tier. Its current international Trustpilot rating stands at 4.0 out of 5 based on over 225,572 reviews, reflecting its popularity but also some service limitations in certain regions. Compared to its main competitors, Revolut stands out for its all-in-one app ecosystem and transparent pricing, though advanced traders may find the lack of leverage and specialized order types limiting. The platform is trusted by millions of users worldwide and remains a reliable gateway for digital banking, trading, and crypto features, especially for those starting out or seeking integrated financial tools. In my experience, this broker is best suited to the following trader profiles:
➡️ Beginners and casual investors will appreciate Revolut's intuitive interface, commission-free stock trading (within monthly limits), and absence of confusing jargon or complex derivatives—making it a low-barrier entry point for new traders in Canada.
➡️ Intermediate traders looking to diversify with crypto and multi-currency accounts will benefit from Revolut's access to more than 230 cryptocurrencies, staking opportunities, and simple currency conversions, all in a secure and regulated environment.
➡️ Tech-savvy users or frequent travelers who value fast, low-fee cross-border payments and spending can leverage Revolut's strong mobile app, instant notifications, and global card, though sophisticated active traders may find some advanced features lacking.
- ✅No minimum deposit and no inactivity or management fees
- ✅Commission-free trading on stocks for a limited number of trades per month
- ✅Access to over 230 cryptocurrencies, spot trading, and staking (varies by region)
- ✅Transparent, competitive currency conversion with multicurrency accounts
- ✅User-friendly mobile and web apps with instant notifications and easy navigation
- ✅24/7 multilingual in-app chat support
- ✅High Trustpilot rating (4.0/5, 225,000+ reviews) indicating user satisfaction
- ✅Fast, low-fee international transfers and spending with integrated Revolut card
- ❌No leveraged trading (CFDs, FX margin, etc.) or advanced order types for Canadians
- ❌Limited selection of ETFs and no direct index or commodity trading (beyond gold/silver tokens)
- ❌Some features and asset availability subject to change until full Canadian re-launch
- ❌Demo accounts and Islamic (swap-free) accounts are not available
Score- ✅No minimum deposit and no inactivity or management fees
- ✅Commission-free trading on stocks for a limited number of trades per month
- ✅Access to over 230 cryptocurrencies, spot trading, and staking (varies by region)
- ✅Transparent, competitive currency conversion with multicurrency accounts
- ✅User-friendly mobile and web apps with instant notifications and easy navigation
- ✅24/7 multilingual in-app chat support
- ✅High Trustpilot rating (4.0/5, 225,000+ reviews) indicating user satisfaction
- ✅Fast, low-fee international transfers and spending with integrated Revolut card
My opinion on Revolut
- ✅No minimum deposit and no inactivity or management fees
- ✅Commission-free trading on stocks for a limited number of trades per month
- ✅Access to over 230 cryptocurrencies, spot trading, and staking (varies by region)
- ✅Transparent, competitive currency conversion with multicurrency accounts
- ✅User-friendly mobile and web apps with instant notifications and easy navigation
- ✅24/7 multilingual in-app chat support
- ✅High Trustpilot rating (4.0/5, 225,000+ reviews) indicating user satisfaction
- ✅Fast, low-fee international transfers and spending with integrated Revolut card
- ❌No leveraged trading (CFDs, FX margin, etc.) or advanced order types for Canadians
- ❌Limited selection of ETFs and no direct index or commodity trading (beyond gold/silver tokens)
- ❌Some features and asset availability subject to change until full Canadian re-launch
- ❌Demo accounts and Islamic (swap-free) accounts are not available
Score- ✅No minimum deposit and no inactivity or management fees
- ✅Commission-free trading on stocks for a limited number of trades per month
- ✅Access to over 230 cryptocurrencies, spot trading, and staking (varies by region)
- ✅Transparent, competitive currency conversion with multicurrency accounts
- ✅User-friendly mobile and web apps with instant notifications and easy navigation
- ✅24/7 multilingual in-app chat support
- ✅High Trustpilot rating (4.0/5, 225,000+ reviews) indicating user satisfaction
- ✅Fast, low-fee international transfers and spending with integrated Revolut card
Why trust Hellosafe?
I took the time to thoroughly test Revolut by opening an account myself, going through every step from identity verification to using the trading and crypto features in the app and on desktop. I carefully examined the actual fees, usability, and which tools or trading conditions are available for Canadians, not just what’s promised on the website.
I also contacted customer support several times to assess their speed and helpfulness. Throughout my experience, I made direct comparisons with other regulated brokers and platforms popular in Canada, to see where Revolut stands out or falls behind in areas like user experience or product range.
What I share here is based on real-life usage, not just theory. If you want to know how Revolut truly performs—whether you’re a beginner or have experience with other brokers—I hope my hands-on insights help you make a well-informed decision.
Revolut at a glance
| Fonctionnalité | Détail |
|---|---|
| 💰 Dépôt minimum | No minimum deposit required |
| 🛡️ Régulation | Not yet licensed as a bank in Canada; licensed in UK/EU |
| 💎 Licence crypto | Holds crypto custody license in select EU jurisdictions; not yet in Canada |
| 📄 Enregistrement FSMA | Not registered with FSMA |
| 📈 Actifs disponibles | 2,000+ stocks, limited ETFs, 230+ cryptocurrencies, 30+ forex pairs, gold & silver (tokenized)* |
| 📊 Plateformes de trading | Mobile app (iOS, Android), web app |
| 🛠️ Outils de trading | Price alerts, real-time quotes, basic analytics, staking, watchlists |
| 🧪 Compte démo | Not available |
| ☪️ Compte islamique | Not available |
| 📝 Ordres clés | Market, limit, stop loss, take profit orders (stocks, crypto) |
| ⚡ Effet de levier | No leverage available for retail clients |
| 💸 Frais | Commission-free for limited trades, then $1–$3/trade; FX/crypto markups 0.5–2%; crypto trading up to 1.99% |
| 📞 Support client | 24/7 in-app chat, email, limited phone support (not Canada-specific) |
| 🌟 Avis Trustpilot | 4.0/5 (225,572+ reviews as of July 2025) |
Security and Regulation
I consider Revolut’s security and reliability to be above average, though not without some important caveats for Canadian users.
Internationally, Revolut is known for its strong regulatory background, holding banking and e-money licenses in the UK and several European countries, and following strict customer verification standards.
For asset protection, funds are kept in safeguarded accounts or deposited with tier-1 partner institutions, and crypto assets are held in regulated custodial wallets with select tokens eligible for on-chain withdrawals.
Risk management tools are solid but not on the level of advanced trading platforms: there is mandatory two-factor authentication, real-time notifications, and basic order controls like stop loss, limit, and take-profit for supported assets.
However, Revolut does not offer leveraged trading or negative balance protection for crypto or stocks, which tempers the risk profile for more active or margin-based traders.
The platform’s reputation is robust, with a large global user base and consistent 4.0/5 Trustpilot ratings, though some features and coverage may be limited or changing during the current re-entry into Canada.
| Indicator | Description | Evaluation |
|---|---|---|
| Regulatory compliance | Licensed in the UK/EU, in progress for Canada; strong global standards but not yet fully regulated locally | 4/5 |
| Fund security | Asset segregation, custodial wallets for crypto, partner bank safeguards, select tokens support external withdrawal | 4/5 |
| Risk management tools | 2FA, payment notifications, stop/limit/TP/SL orders; no leverage or full negative balance protection | 3/5 |
| Notoriety and coverage | 4.0/5 Trustpilot (225,000+ reviews), strong global brand, expansion in Canada underway | 4/5 |
Fees, Spreads & Commissions
Revolut positions itself as a low-friction, transparent broker, but the real cost for users depends heavily on the asset class and the chosen account tier. On stocks and ETFs, Revolut is attractive for casual investors—commission-free trades are offered up to a cap tied to your plan, after which low fixed per-trade fees apply. This makes it competitive for light users but potentially less so for very active traders if you exceed the free monthly trade limit.
For crypto trading, costs can vary significantly. Trading on the default app incurs fees up to 1.99% per transaction, which is well above lower-cost crypto exchanges or brokers. Power users can access the dedicated Revolut X platform with substantially cheaper rates (as low as 0%), but availability for Canadian clients is pending. There are no “hidden” custody charges; however, in-app spreads and percentage-based fees can result in a total trading cost well above headline rates for small orders or volatile tokens.
Currency exchange for payments or small trades is generally competitive during weekday trading, with markups as low as 0.5% for Premium and Metal users. However, out-of-hours conversions and exceeding monthly free limits can expose users to 1–2% in additional costs—higher than what most purpose-built brokers charge.
Account-related fees are virtually non-existent for most users—there are no inactivity or maintenance fees on standard accounts, and opening or closing an account comes at no charge. However, international withdrawal fees and currency conversion fees can be substantial, especially for larger or multi-currency transfers, so I recommend monitoring these closely if you move money often or across borders.
What are the account-related fees?
| Fee Type | Conditions at Revolut | Market Average |
|---|---|---|
| Opening fee | $0 | $0–$100 |
| Maintenance fee | $0 (Standard); up to $16.99/mo for Premium/Metal Tiers | $0–$20/month |
| Withdrawal fee | $0 for most withdrawals; up to 3% for international transfers | $0–$30 + FX markup |
| Inactivity fee | $0 | $0–$20/month |
| Currency conversion fee | 0.5%–2% markup above interbank, depending on account & timing | 0.5–1.5% (retail brokers) |
Expert advice
Maximize Revolut’s commission-free trade limits by consolidating stock and ETF orders, and plan large currency exchanges during the week to avoid heightened weekend spreads and mark-ups.
What are the fees on stocks and ETFs?
Revolut’s pricing on listed stocks and ETFs stands out for casual and infrequent investors, with commission-free trades up to a set number per month, then fixed low fees thereafter. There are no custody or inactivity fees, and stamp duty is only charged on UK-listed shares. Investors should compare the cap on free trades to their typical volume to understand final costs.
| Fee Type | Conditions at Revolut | Market Average |
|---|---|---|
| Commission | $0 (up to 1–10 trades/mo by tier); $1–$3/trade after | $4.95–$9.95/trade |
| Spread fee | None; market/limit prices, no explicit spread markup | None–$0.01/share |
| Overnight fee | Not applicable (no leveraged stock trading) | $0 (spot); $0.05–$1+ daily (margin) |
| Custody fee | $0 | $0–$50/year |
| UK stamp duty tax | 0.5% (only on UK stocks) | 0.5% (UK stocks only) |
What are the fees on cryptocurrencies?
Crypto cost structure at Revolut is highly account-tier-dependent. On the standard app, buy/sell fees reach 1.99%—notably higher than most dedicated exchanges but more accessible for small, occasional purchases. On Revolut X (not yet available in Canada), these fees can drop to zero for high-volume users, but always check for hidden spreads or transfer costs.
| Fee Type | Conditions at Revolut | Market Average (crypto/CFD brokers) |
|---|---|---|
| Buy/sell fees | 0%–1.99% per transaction | 0.1%–1% |
| Spread fees | 0–1% embedded in price (est.) | 0.05–0.5% |
| Overnight fees | Not applicable (no leveraged crypto) | Up to 0.05% daily (CFD brokers) |
| Custody fees | $0 | $0 (most brokers), $1–$10/month (some) |
| Transfer fees | $0–$50 (external transfers supported for some users/tokens) | $0–$25+ (varies by asset/exchange) |
What are the fees on CFDs?
Revolut does not currently offer CFDs for retail or professional clients in Canada or globally, so there are no spreads, overnight, or leverage fees related to CFD trading with this broker.
| Underlying Asset | Maximum Leverage | Spread at Revolut | Overnight Fee | Market Average (CFD brokers) |
|---|---|---|---|---|
| CFD Stocks | – | Not available | N/A | 0.2%–1.0%, $0.10–$10/day |
| Gold (XAU/USD) | – | Not available | N/A | 0.2–0.5 USD; $0.10–$5/day |
| Silver (XAG/USD) | – | Not available | N/A | 1–3 cents/oz; $0.02–$1/day |
| Oil (WTI) | – | Not available | N/A | 3–10 cents; $0.10–$2/day |
| EUR/USD | – | Not available | N/A | 0.6–1.2 pips; $0.10–$2/day |
| EUR/GBP | – | Not available | N/A | 0.7–2 pips; $0.10–$2/day |
| USD/JPY | – | Not available | N/A | 0.8–1.5 pips; $0.10–$2/day |
| GBP/USD | – | Not available | N/A | 0.7–1.8 pips; $0.10–$2/day |
| BEL 20 (BEL20) | – | Not available | N/A | 0.5–1.5 points; $0.50+/day |
| BTC/USD (crypto CFD) | – | Not available | N/A | 0.25–2%; $1–$20/day |
Assets & Markets
Revolut offers an appealing multi-asset platform, especially for those seeking simplicity combined with access to a diverse selection of modern investment instruments. The most notable aspect is the wide range of cryptocurrencies—over 230 tokens internationally—outpacing most Canadian fintech platforms. The inclusion of staking options with yields up to 9% APY for select tokens makes Revolut an attractive option for users aiming to earn passive crypto income, provided these features are enabled locally.
Equity investors benefit from access to over 2,000 global stocks and a curated collection of ETFs, which, while not as comprehensive as traditional securities brokers, offers enough depth for passive and active investors alike. All trades are routed as spot transactions, not CFDs, meaning ownership without leverage or synthetic risk is the standard. Commodity exposure is enabled via gold and silver tokens, providing portfolio diversification even without a full commodity market or physical delivery mechanism.
Limitations do exist, particularly the absence of direct access to bond markets, traditional indices, or derivatives such as options and futures. The platform currently does not offer CFDs, forex trading with leverage, or access to Canadian-listed stocks and ETFs. Some asset classes, like NFTs and stablecoins, are only partly present or absent depending on local regulations and Revolut’s phased rollout across markets. Investors looking for breadth in bonds or advanced products will find the offering restrictive.
For currency exchange, Revolut supplies spot foreign currency transactions between 30+ major and minor pairs, but with transparent markups and no speculative forex products. Direct access to crypto spot markets and the possibility of staking are valuable features, but users should remain aware that asset availability and product breadth in Canada will depend on regulatory approval and the platform's full local launch.
| Asset Class | Type | Number at Revolut | Market Average | Example Assets |
|---|---|---|---|---|
| Stocks | Spot | 2,000+ | 2,000–6,000 | AAPL, TSLA, AMZN |
| ETFs | Spot | 20+ | 50–500 | VOO, SPY, QQQ |
| Cryptocurrencies | Spot | 230+ | 60–250 | BTC, ETH, SOL, ADA |
| Currencies | Spot | 30+ pairs | 40–100 | USD/CAD, EUR/USD, GBP/USD |
| Commodities | Spot (tokenized) | 2 | 5–20 | Gold, Silver (digital) |
| Indices | Not available | 0 | 10–50 | N/A |
| Bonds | Not available | 0 | 10–200 | N/A |
| Stablecoins | Spot (crypto) | 4–8 (varies) | 5–20 | USDC, USDT, DAI |
| NFTs | Not available | 0 | 10–100 (crypto platforms) | N/A |
| Other derivatives | Not available | 0 | 5–30 | N/A |
Trading Tools & Apps
The Revolut platform stands out for its unified, mobile-first experience. The mobile app is highly intuitive, allowing seamless access to banking, currency exchange, and investment features within the same interface. Navigation is clear, with a focus on ease of use, making it particularly suitable for beginners or anyone seeking a frictionless entry into digital finance. The ability to monitor balances, execute trades, or manage settings within a few taps enhances daily usability.
Web platform access complements the mobile version, offering a secure and visually clear dashboard for those who prefer desktop workflows. The desktop experience replicates most core investment and trading features from mobile, with added benefit for users managing larger portfolios or in-depth research. While Revolut does not offer MetaTrader, TradingView, or third-party API connectivity, it delivers efficient order routing and a focus on transparent trade execution for supported assets.
For crypto users, Revolut X (availability pending in Canada) elevates technical analysis and market depth through advanced charting tools, integrated analytics, and competitive low fees. While the standard app provides basic price charts and conditional order types, Revolut X brings more granular market data, better suited to intermediate and advanced users. Staking of select crypto tokens is a clear advantage, with flexible earn features directly integrated, supporting passive income strategies on supported coins.
However, automation, copy trading, and algorithmic strategies are not native to any Revolut platform variant. There are no built-in tools for scalping, scripting, or plug-in bots, and the absence of OCO (One Cancels Other) orders may limit more sophisticated risk management approaches. For users seeking automation or a wide array of technical indicators, the platforms may feel restrictive compared to specialist brokers or platforms like MetaTrader.
| Feature | Verified Details |
|---|---|
| Mobile app (MetaTrader, TradingView, crypto app, mobile wallet) | Highly rated proprietary mobile app; supports multi-asset trading and spending; crypto custody built-in |
| Usability (fluid or technical interface) | Smooth, intuitive; excellent for beginners and quick trading; clean UX on both mobile and web |
| Compatible software | Proprietary mobile and web apps; no support for MetaTrader 4/5, TradingView, or direct API |
| Order types | Market, limit, stop-loss, take-profit; no trailing stop or OCO orders |
| Charting and technical analysis | Basic integrated price charts; technical indicators limited outside Revolut X; no TradingView-level analytics |
| Auto trading / Automated strategies | Not available; no third-party automation or bot integration |
| Algorithmic trading | Not supported; custom scripting not available |
| Negative balance protection | Not applicable (no CFD/leveraged trading for retail clients) |
| Trading signals | Not integrated; research and alerts limited to price notifications |
| Asset search and filters | Functional, fast asset search for stocks and crypto; broad filtering options for tokens and equities |
| Spot stock purchase (if available or CFD-only) | Spot trading only (where available); no CFDs provided |
| Staking and earn (for crypto brokers) | Staking available for select tokens with up to 9% APY; earn direct from platform for eligible coins |
Tip
For more reliable risk management, always enable two-factor authentication for account access and withdrawals. If using both mobile and web, compare charting layouts and take advantage of desktop screen space for research, but rely on mobile push notifications for immediate price and trade alerts.
Account Opening & Deposits
Account opening
To open an account with Revolut, start by downloading the app or accessing the web platform and completing the registration form with your personal details. Next, you will need to go through identity verification, which requires uploading a government-issued photo ID (such as a passport or driver’s license), a recent proof of address (utility bill or bank statement), and submitting a selfie for biometric confirmation. Additional regulatory questions about your financial background and intended account use may be presented, aligning with KYC and compliance requirements.
Once all documentation is submitted, Revolut reviews your information—most verifications are completed in minutes to a few hours, but delays can occur during peak periods or if documents need further review. When approved, a confirmation email or app notification will confirm account activation, at which point you can fund your account and begin using Revolut’s features.
Good to know
When setting up your account, select your preferred base currency carefully. This choice affects currency conversions and transaction fees across your banking, card, and trading activities.
| Item | Details |
|---|---|
| Opening procedure | Register online/app, KYC check, upload ID/address proof/selfie, complete regulatory questions |
| Validation time | Typically instant – several hours (may be longer at peak times or if clarification is needed) |
| Accepted deposit methods | Debit/credit card, bank transfer (Interac, wire), no crypto/stablecoin for CA at launch |
| Minimum required deposit | No minimum |
| Required documents | Government-issued ID, proof of address, selfie |
| Practical tip | Ensure all submitted documents are valid, current, and match your registration details |
Deposits and withdrawals on Revolut
Depositing funds with Revolut offers flexibility and speed. Canadian users can fund accounts via debit or credit card, bank transfer (including Interac e-Transfer and wire), with funds generally available instantly or within a business day. The accepted fiat currency is CAD; Revolut’s app supports multi-currency balances and instant currency exchange, but be aware that card deposits might incur extra fees depending on your issuer. No minimum deposit is enforced.
When withdrawing, you can transfer funds directly to your linked Canadian bank account, with processing typically completed in 1–3 business days. Fees for withdrawing are generally low or zero, but international transfers or certain currency conversions may attract higher charges (up to 3%). Revolut offers an integrated digital wallet for managing fiat and (in some markets) crypto transactions; staking is available on select cryptocurrencies, but direct deposit/withdrawal of crypto and stablecoins is limited or unavailable in Canada at this stage.
Good to know
Double-check your bank account details and the chosen withdrawal currency to avoid rejected transactions or added conversion charges. Processing times may be longer during weekends, holidays, or periods of high demand.
| Payment method | Accepted currencies | Minimum amount | Processing time | Possible fees |
|---|---|---|---|---|
| Credit card | CAD | No minimum | Instant – 1 business day | May incur 0–3% card issuer fee |
| Bank transfer | CAD | No minimum | Instant – 1 business day | Usually free, but depends on your bank |
| E-wallets | Not supported in CA | – | – | – |
| Stablecoins/cryptos | Not supported for deposit/withdrawal (staking on select coins only) | – | – | – |
| Other local options | Interac e-Transfer | No minimum | Instant – 1 business day | Usually free |
Account Types
Revolut is a digital banking and investment app with a hybrid offering, spanning everyday banking, multi-currency accounts, direct crypto trading, and access to global stocks and ETFs. Unlike traditional CFD/Forex brokers, Revolut does not provide leveraged trading, ECN accounts, or professional trading environments. Its account structure is tailored to personal banking and straightforward investing, featuring several paid tiers (Standard, Plus, Premium, Metal) that unlock additional perks or lower fees. Crypto tools include staking for select tokens and custodial wallets, but cold storage or advanced trading accounts aren't part of the platform. Tax-advantaged products are not currently available in Canada.
| Account Type | Available (✅/❌) | Main Features |
|---|---|---|
| Demo account | ❌ | No demo or paper trading account; educational resources available |
| Standard account | ✅ | Personal banking and investing; available as Standard, Plus, Premium, or Metal tiers |
| Raw ECN account | ❌ | ECN or RAW pricing not provided; no access to interbank spreads or direct market liquidity |
| Islamic account | ❌ | No swap-free or Sharia-compliant option for Canadian users |
| Professional account | ❌ | No professional or high-volume trading account option |
| CFD account | ❌ | Not supported; no contracts for difference (CFDs) or leveraged retail trading |
| Classic securities account | ✅ | Access to 2,000+ US/global stocks and some ETFs (depending on regulatory approval) |
| Staking/earn account | ✅ | Staking on select cryptocurrencies available (rates vary, subject to regulatory status in CA) |
| Cold storage account | ❌ | Only custodial wallets; non-custodial features limited, cold storage not available |
| Tax-advantaged account | ❌ | No TFSA, RRSP, or similar for Canadian residents |
| Accepted base currencies | Multiple (CAD, USD, EUR, GBP, others) | Multi-currency accounts allow holding, exchanging, and spending in several currencies |
Tip
Before choosing a Revolut account tier, compare the costs, included features, and trading fees across Standard, Plus, Premium, and Metal. If you’re using crypto tools, enable 2FA for security, read up on applicable staking rewards, and confirm whether your desired assets or features are available for Canadian users as the platform continues its local rollout.
Customer reviews
Revolut has a Trustpilot rating of 4.0 out of 5, with more than 225,572 reviews as of July 2025. User sentiment is generally positive, but recent comments for Canadian users reflect a mix of satisfaction with core features and some frustration over regional limitations.
Les utilisateurs mettent en avant plusieurs aspects positifs de la plateforme, notamment :
- Simple and quick account opening via mobile app
- Real-time exchange rates and rapid transaction notifications
- User-friendly interface for banking, trading, and currency exchange
- Seamless international transfers
- Wide range of financial services, including crypto and multi-currency accounts
En revanche, plusieurs points négatifs sont régulièrement évoqués dans les avis :
- Some features (stocks, advanced crypto, or specific rewards) are unavailable in certain countries, including Canada
- Delays or issues with fund withdrawals, especially for international transfers
- Customer support quality can vary depending on the region and time
- Fees for currency conversion or international transactions can be high outside free monthly limits
- Limited or delayed rollout of new features for Canadian users
Voici quelques exemples représentatifs d’avis publiés sur Trustpilot :
- *T.L. – 20/05/2025 : “I like being able to see the various exchange rates in real time. Purchases made with the card show up within a few seconds, so I'm very impressed with it.”*
- *M.W. – 30/06/2025 : “The app is easy to use and makes international transfers simple and fast.”*
- *S.R. – 12/07/2025 : “Customer support is responsive, but some features are not available in my country yet.”*
FAQ
Is Revolut regulated in CA?
Revolut is not currently regulated as a bank or investment dealer in Canada. As of mid-2025, the company is preparing to re-enter the Canadian market and is in the process of seeking a local banking license. Its existing UK and European licenses do not apply in Canada.
What is the minimum deposit on Revolut?
There is no minimum deposit required to open a Revolut account. You can start by depositing any amount you prefer, but some transaction limits apply based on account tier and local regulations.
Does Revolut offer a welcome bonus?
Revolut may occasionally run limited-time promotions or referral offers, but a standard welcome bonus is not guaranteed. The availability of such rewards depends on current offers and your location, so check the app for the latest.
How does leverage work on Revolut?
Revolut does not offer leveraged trading or margin accounts for retail clients. All stock, crypto, and commodity transactions are executed on a fully funded basis without the use of leverage.
How does Revolut make money?
Revolut earns revenue from currency exchange markups, trading fees for stocks and crypto, account tier subscriptions, and transaction fees for out-of-plan services. For trading, commissions vary by product, with reduced fees for Premium and Metal customers.
Who is behind Revolut?
Revolut was founded in 2015 by Nikolay Storonsky and Vlad Yatsenko. The company is headquartered in London, UK, and backed by global venture capital investors. It operates internationally and is expanding into new markets including Canada.
When was Revolut launched?
Revolut launched in 2015, initially offering low-cost currency exchange and has since expanded into banking, trading, and crypto services globally. The company is preparing to return to the Canadian market as of 2025.
Does Revolut offer copy trading or social trading?
Revolut does not offer copy trading, social trading, or PAMM accounts. The platform is focused on self-directed trading and investing for stocks and crypto, with educational and analytical tools for individual users.
How can I contact Revolut’s customer service?
Customer support is available 24/7 through in-app chat for all account levels. Email and phone support are also offered, especially for cardholders, though phone lines may not always be local for Canadians.
Does Revolut offer any promotions or referral programs?
Revolut regularly features referral programs where users can invite friends and earn rewards if certain conditions are met. Promotions are subject to change and may not always be active in Canada, so check the app for details.
Does Revolut offer staking or earn rewards on crypto?
Yes, Revolut offers staking on select cryptocurrencies for eligible users, with rates up to 9% APY. Staking availability, supported tokens, and rates can change and may vary depending on regional regulatory approvals.
Does Revolut provide insurance or proof-of-reserve for customer funds?
Customer funds in Revolut accounts are typically safeguarded according to UK or EU standards, but specific insurance or proof-of-reserve mechanisms for Canadians are not confirmed. Users should review the latest disclosures as Revolut re-enters Canada.
Is Revolut regulated in CA?
Revolut is not currently regulated as a bank or investment dealer in Canada. As of mid-2025, the company is preparing to re-enter the Canadian market and is in the process of seeking a local banking license. Its existing UK and European licenses do not apply in Canada.
What is the minimum deposit on Revolut?
There is no minimum deposit required to open a Revolut account. You can start by depositing any amount you prefer, but some transaction limits apply based on account tier and local regulations.
Does Revolut offer a welcome bonus?
Revolut may occasionally run limited-time promotions or referral offers, but a standard welcome bonus is not guaranteed. The availability of such rewards depends on current offers and your location, so check the app for the latest.
How does leverage work on Revolut?
Revolut does not offer leveraged trading or margin accounts for retail clients. All stock, crypto, and commodity transactions are executed on a fully funded basis without the use of leverage.
How does Revolut make money?
Revolut earns revenue from currency exchange markups, trading fees for stocks and crypto, account tier subscriptions, and transaction fees for out-of-plan services. For trading, commissions vary by product, with reduced fees for Premium and Metal customers.
Who is behind Revolut?
Revolut was founded in 2015 by Nikolay Storonsky and Vlad Yatsenko. The company is headquartered in London, UK, and backed by global venture capital investors. It operates internationally and is expanding into new markets including Canada.
When was Revolut launched?
Revolut launched in 2015, initially offering low-cost currency exchange and has since expanded into banking, trading, and crypto services globally. The company is preparing to return to the Canadian market as of 2025.
Does Revolut offer copy trading or social trading?
Revolut does not offer copy trading, social trading, or PAMM accounts. The platform is focused on self-directed trading and investing for stocks and crypto, with educational and analytical tools for individual users.
How can I contact Revolut’s customer service?
Customer support is available 24/7 through in-app chat for all account levels. Email and phone support are also offered, especially for cardholders, though phone lines may not always be local for Canadians.
Does Revolut offer any promotions or referral programs?
Revolut regularly features referral programs where users can invite friends and earn rewards if certain conditions are met. Promotions are subject to change and may not always be active in Canada, so check the app for details.
Does Revolut offer staking or earn rewards on crypto?
Yes, Revolut offers staking on select cryptocurrencies for eligible users, with rates up to 9% APY. Staking availability, supported tokens, and rates can change and may vary depending on regional regulatory approvals.
Does Revolut provide insurance or proof-of-reserve for customer funds?
Customer funds in Revolut accounts are typically safeguarded according to UK or EU standards, but specific insurance or proof-of-reserve mechanisms for Canadians are not confirmed. Users should review the latest disclosures as Revolut re-enters Canada.
