Revolut is expanding its investment offerings by introducing fractional trading for over 70 European-listed companies within the European Economic Area (EEA). This exciting move empowers users to invest in European stocks with a minimal investment of just 1 EUR. Similar to its American counterparts, Revolut allows commission-free trading of European stocks within the prescribed subscription limits.

The Head of Wealth and Trading (EEA) at Revolut, Rolandas Juteika, expressed his enthusiasm for this development. He stated, “We continue to make the investment space more accessible for everyone by adding some of the largest European-listed companies to our trading platform. We aim to provide our customers with effortless access to companies that are geographically closer to them.”

Revolut Offers Fractional Trading of 70+ European Stocks in the EEA.

This expansion within the EEA broadens Revolut’s portfolio to encompass stocks from more than 70 European-listed companies, further facilitating diversification for investors. Among the offerings are shares of renowned brands such as Adidas and tech giants like Zalando. Revolut is going to continue the expansion of this list, ensuring that investors have a wide range of options at their disposal.

In addition to fractional trading, Revolut has introduced the option for recurring buys. This enables investors to schedule purchases at specified intervals, whether daily, weekly, or monthly. This feature equips investors with the tools to counteract the effects of short-term market volatility.

The commission structure for trading on Revolut depends on the chosen plan. Users can execute 1 (Standard), 3 (Plus), 5 (Premium), or 10 (Metal and Ultra) commission-free trades each month. Once the free limit is reached, a variable fee of 0.25% per trade (0.12% for Ultra) applies, with a minimum charge of 1 EUR. Additionally, there is a custody fee of 0.12% of the market value of user assets charged on a monthly basis.

Revolut’s commitment to making investing more accessible to a broader audience is evident in its latest offerings. This move aims to empower individuals within the EEA to participate in the financial markets with ease.

Revolut Faces Regulatory Scrutiny

While Revolut continues to expand its financial services, the company is currently under investigation. It is by the Financial Conduct Authority (FCA) regarding allegations of permitting fund withdrawals from accounts flagged as suspicious by the National Crime Agency (NCA).

A recent report by the Financial Times uncovered that approximately £1.7 million was withdrawn from accounts identified by the NCA as suspicious between July and August. Revolut, in response to these allegations, has stated that only £500,000 was released from the accounts in question.

Revolut initially entered the U.S. market in 2020, offering a range of services from money transfers to debit cards. Over time, the company has expanded its services to include a robo-advisory platform for automated investment portfolios.

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