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Revolut Trading vs Nextmarkets: 2023 Comparison

Franklin Carneiro da Silva| Updated: February 27, 2023

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

In this side-by-side comparison, we analyse Revolut Trading vs Nextmarkets 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!

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.

Revolut Trading vs Nextmarkets: 2023 Comparison 2
Visit NextmarketsAsset 3

56.65% of retail CFD account lose money.

Ideal for
Curated investing

Nextmarkets is an online broker well-tailored for those with a basic understanding of the financial markets. It has a very intuitive and hassle-free mobile app.

You can invest in financial products such as shares, ETFs, CFDs on shares, ETFs, indices, forex, bonds, cryptocurrencies, and commodities.

With “curated investing”, Nextmarkets wants to allow you to benefit from the experience of proven experts (called “coaches”) and stock market professionals.

Pros and Cons

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%

Pros

  • Zero commission trading for all asset classes (orders above €250)
  • No custody, inactivity and deposit/withdrawal fee
  • Fast account opening process (less than 5 min)
  • No minimum deposit
  • No currency conversion fee
  • Good customer support
  • Demo Account

Cons

  • €1 commission per order below €250
  • The web platform is a little “buggy”
  • No clear distinction between real shares and CFDs
  • Spreads are above average
  • No fundamental data
  • No educational materials
  • The minimum withdrawal is €150
Revolut Trading vs Nextmarkets: 2023 Comparison 3
Revolut Trading vs Nextmarkets: 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)
  • 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“.

  • NextmarketsAsset 3

    56.65% of retail CFD account lose money.

  • General Information
  • Founded in2014
  • Demo Account
  • Account Minimum€1
  • Interest on unninvested cash (annually)EUR: Up to 2.30%
  • Products
  • Stocks
  • ETFs
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs*On Stocks, ETFs, Indices, Bonds, Cryptocurrencies, and Commodities.
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocks€0**€1 for orders below €250.
  • EU stocks€0**€1 for orders below €250.
  • ETFs€0**€1 for orders below €250.
  • CryptocurrenciesNot Applicable**$20 spread on Crypto CFDs.
  • Custody Fee€0
  • Inactivity Fee€0
  • Withdrawal Fee€0
  • Connectivity Fee€0
  • Currency Conversion Fee0%
  • Security
  • RegulatorsMSFA
  • Investor Compensation Scheme(per person, per institution)Up to €20.000 **From non-returned assets up to 90%.
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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