Revolut, the fintech startup, is launching a stock trading feature that lets users purchase and sell shares without any associated commission costs. As long as users make under 100 trades a month, they will only be charged the subscription fee for their Revolut Metal card.
The Revolut stock trading feature is currently only available to owners of the Revolut Metal card. After stocks are purchased, they can be held using the Revolut app. Currently 300 US stocks are listed on the platform, however, Revolut has indicated its desire to expand the service into U.K and European stock markets.
Revolut has indicated that it will also create a tiered membership system for stock trading on its platform.
Commission-Free Stock Trading
A Revolut Stock Trading Feature Will Come to Metal Card Owners
Trend Themes
1. Commission-free Stock Trading - Disruptive innovation opportunity: Develop a commission-free stock trading platform to attract investors and disrupt traditional brokerage firms.
2. Fintech Startups - Disruptive innovation opportunity: Create innovative fintech products and services to revolutionize the financial industry and compete with traditional banks.
3. Expansion Into International Stock Markets - Disruptive innovation opportunity: Establish a platform that allows users to trade stocks from various international markets, providing global investment opportunities.
Industry Implications
1. Fintech - Disruptive innovation opportunity: Develop innovative financial technology solutions to transform traditional banking and finance.
2. Stock Trading - Disruptive innovation opportunity: Build user-friendly stock trading platforms to provide accessible and cost-effective investment opportunities.
3. Card Payments - Disruptive innovation opportunity: Create innovative payment systems that offer additional benefits, such as stock trading features, to attract customers.