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.
Image Credit: Revolut