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Articles / Plus500 vs Revolut Trading: 2023 Comparison

Plus500 vs Revolut Trading: 2023 Comparison

Franklin Carneiro da Silva| Updated March 10th, 2023

Are you confused about whether to choose Plus500 vs Revolut Trading as a broker for your investing needs?

In this side-by-side comparison, we analyse Plus500 vs Revolut Trading to help you understand how these apps compare on some of the most common features and make a better-informed decision about the best broker for you.

Below, you’ll find the pros and cons of each broker, as well as a comparison table that features the different fees charged, the financial instruments supported, the regulation, and more. Keep reading!

Plus500 vs Revolut Trading: 2023 Comparison 1
Visit Plus500Asset 3

82% of retail CFD accounts lose money.

Ideal for
Commission-free CFDs trading and low spreads

Plus500 is an online broker offering a wide range of financial products, including real shares and CFDs on forex, indices, shares, commodities, options, ETFs, and cryptocurrencies.

There are two distinct account types: Plus500 CFD, which only focuses on CFD products; Plus500 Invest, where you can trade stocks (real shares).

The web platform you will use is the WebTrader, Plus500’s proprietary platform, offering a stable trading experience and easy access from multiple devices.

Ideal for
European beginner investors looking for quick exposure to US stocks

Revolut was created to disrupt the banking industry by reducing and removing fees associated with the traditional banking system.

It also offers other financial services, namely the possibility of buying US stocks, cryptocurrencies, and precious metals (Gold and Silver).

The quick access to investment products, combined with low commissions, remains the most engaging differential that enables Revolut to stand out from its competitors.

Pros and Cons

Pros

  • Easy-to-use and responsive platform
  • Low spreads
  • No dealing commissions
  • Demo Account
  • Top-tier regulators

Cons

  • No ETF offering
  • Inactivity fee ($10 per month after no login activity in 3 months)
  • High overnight funding fees
  • Very little research and education provided

Pros

  • Simple trading platform
  • Easy account opening process
  • At least, one free trade per month
  • Low trading commissions
  • No inactivity fee

Cons

  • Low product offering (ETFs and other financial products are missing)
  • Investments not covered by the Financial Services Compensation Scheme
  • Annual custody fee of 0.12%
Plus500 vs Revolut Trading: 2023 Comparison 3
Plus500 vs Revolut Trading: 2023 Comparison 4
  •  
  • General Information
  • Founded in
  • Demo Account
  • Account Minimum
  • Interest on unninvested cash (annually)
  • Products
  • Stocks
  • ETFs
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocks
  • EU stocks
  • ETFs
  • Cryptocurrencies
  • Custody Fee
  • Inactivity Fee
  • Withdrawal Fee
  • Connectivity Fee
  • Currency Conversion Fee
  • Security
  • Regulators
  • Investor Compensation Scheme(per person, per institution)
  • Plus500Asset 3

    82% of retail CFD accounts lose money.

  • General Information
  • Founded in2008
  • Demo Account
  • Account Minimum$100
  • Interest on unninvested cash (annually)0%
  • Products
  • Stocks*On "Plus500 Invest" only.
  • ETFs
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs*On Forex, Cryptocurrencies, Stocks, Commodities, ETFs, Options and Indices
  • Leverage Products
  • Forex*Through CFDs only
  • Cryptocurrencies*Through CFDs only
  • Commodities*Through CFDs only
  • Fees
  • US stocks$0.006 per share
  • EU stocksIt varies according to each country stock exchange
  • ETFsNot Applicable
  • CryptocurrenciesNot Applicable**0.30% spread on Bitcoin CFD - it varies according to each crypto (Availability subject to regulations and spreads subject to change).
  • Custody Fee$0
  • Inactivity Fee$10/month**After 3 months of login inactivity.
  • Withdrawal Fee$0
  • Connectivity Fee$0
  • Currency Conversion FeeUp to 0.70%
  • Security
  • RegulatorsFCA, CySEC, FSCA, FMA and ASIC.
  • Investor Compensation Scheme(per person, per institution)

    Up to £85,000 for clients under Plus500UK Ltd.

  • Revolut TradingAsset 3
  • General Information
  • Founded in2019
  • Demo Account
  • Account Minimum€/£1
  • Interest on unninvested cash (annually)Revolut US: Up to 4.25% in USD; Revolut International: 0%
  • Products
  • Stocks
  • ETFs*Only for accounts under Revolut Securities Europe UAB.
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocksOne free trade per month**Afterwards, it varies according to your country of residency.
  • EU stocksNot Applicable
  • ETFsNot Applicable
  • Cryptocurrencies1.99% or EUR 0.99, whichever is higher
  • Custody Fee0.12% annually
  • Inactivity Fee€/£0
  • Withdrawal Fee€/£0
  • Connectivity Fee€/£0
  • Currency Conversion Fee0% up to €/£1,000 per month**0.40% above the €/£1,000 of free allowance.
  • Security
  • RegulatorsSEC, FCA and FINRA.
  • Investor Compensation Scheme(per person, per institution)

    Doesn’t apply. More about it in “Revolut Safety and Regulation“.

Franklin Carneiro da Silva
Co-Founder & Fintech Analyst

Franklin is a CFA Level III Candidate with 3 years of experience in Wealth Management as a Fund Research Analyst and the Host of the "Edge Over Hedge" YouTube Channel.

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