Institutional liquidity and turnkey trading infrastructure supporting over 1,500 instruments
KYC requiredSpot · Margin +2Futures & perpetualsBank transfer · Card
4.0/ 5
Our score
Very good
Maker fee
0%
Taker fee
0.09%
KYC required
Yes
Accepts US customers
No
What is Revolut?
Revolut is a global fintech platform and licensed bank offering multi-currency accounts alongside dedicated crypto trading services, serving over 70 million registered customers worldwide.
Founders and corporate structure
Revolut was founded in July 2015 by Nikolay Storonsky and Vlad Yatsenko. Storonsky, who acts as CEO, previously worked as a trader at Credit Suisse and Lehman Brothers. Yatsenko, co-founder and former chief technology officer, spent years building financial software at Credit Suisse and Deutsche Bank. The business operates under parent entity Revolut Group Holdings Ltd and is headquartered in London.
Trading mechanics and fee schedule
Users can buy, sell, and spend cryptocurrencies directly within the standard retail application or access order-book trading through the dedicated Revolut X exchange. Deposits onto the exchange carry a 0% fee. Trading on Revolut X is structured around a 0% maker fee and a 0.09% taker fee. When withdrawing crypto assets to external blockchain addresses, Revolut charges the corresponding network fee alongside an internal service fee.
Regulatory status and availability
Operating as a regulated credit institution and crypto service provider, Revolut holds a full UK banking licence from the Prudential Regulation Authority and the Financial Conduct Authority, an EU banking licence via the Bank of Lithuania, an ACPR licence in France, and a banking licence from Mexico's CNBV. Crypto services require full identity verification (KYC). The exchange is available across the United Kingdom, 31 European Economic Area nations, Mexico, Australia, Japan, and Singapore. Revolut halted its crypto services for United States customers in 2023.
Security track record and limitations
Revolut reported £4.5 billion in annual revenue for 2025 with $2.3 billion in pre-tax profit. Past incidents include a September 2022 cyber attack that compromised personal data for roughly 50,000 customers. Between late 2021 and early 2022, an internal payment system flaw in the US resulted in a $20 million loss of corporate funds. Custodial exchange trading carries counterparty risk, and US residents remain excluded from cryptocurrency functionality.
Founders
Nikolay StoronskyFounder & CEO
Vlad YatsenkoFounder & CTO
Best for:UK and EEA crypto tradersRetail bank account holdersLow-cost maker order traders
Pros and cons
Pros
- Zero maker fees and low 0.09% taker fees on Revolut X
- Full UK and European Central Bank banking authorizations
- Free fiat deposits from connected Revolut multi-currency accounts
- Serving over 70 million registered users globally
Cons
- Crypto services unavailable to residents of the United States
- Mandatory KYC identity verification for all accounts
- External crypto withdrawals incur network fees plus a Revolut service charge
- September 2022 cyber attack compromised data of over 50,000 customers
Our review
4.0/5
Very good
Revolut pairs competitive 0% maker and 0.09% taker fees on its Revolut X platform with strong European banking regulation, but US residents cannot trade crypto.
Revolut is a licensed European bank and fintech firm headquartered in London that has grown into a major venue for digital asset trading. Founded in 2015 by former Credit Suisse trader Nikolay Storonsky and software engineer Vlad Yatsenko, the company serves over 70 million customers globally. While its main retail app focuses on simple crypto purchases, the standalone Revolut X platform provides professional order book spot trading with maker fees of 0% and taker fees of 0.09%.
Regulatory backing and institutional scale represent Revolut's primary advantages. The group holds a full UK banking licence from the Prudential Regulation Authority and Financial Conduct Authority, an EU banking licence via the European Central Bank and Bank of Lithuania, and an FCA cryptoasset registration. Deposits and fiat conversions carry no fees for transfers across UK and European accounts. In 2025, the business reported £4.5 billion in revenue and $2.3 billion in pre-tax profit.
Trade-offs center on geographic availability, product scope, and past operational incidents:
- US crypto trading remains unavailable following Revolut's exit from the US digital asset market in 2023.
- External crypto withdrawals incur network costs alongside an internal service fee.
- A September 2022 security breach exposed personal information belonging to more than 50,000 customers.
- A payment processing flaw caused a $20 million corporate loss between 2021 and 2022.
Revolut suits UK and EEA residents who want to consolidate their everyday banking and spot cryptocurrency trading under a strictly regulated institution. Active derivative traders, users requiring high-leverage perpetual contracts, and residents of the United States should look elsewhere.
Sources (1)
Specs
| Markets | Spot · unverified |
|---|---|
| Maker fee | 0% · unverified |
| Taker fee | 0.09% · unverified |
| Fiat deposit methods | Bank transfer, Card, Apple Pay, Google Pay, SEPA, Faster Payments · unverified |
| KYC required ⓘ | Yes · unverified |
| Accepts US customers | No · unverified |
| Staking / earn | Yes · unverified |
| Mobile app | Yes · unverified |
| Licenses & registrations | FCA UK Banking Licence, ECB Banking Licence, CNBV Mexico Banking Licence, UK FCA Cryptoasset Registration · unverified |
| Security features | Two-factor authentication, Biometric login, Card freezing, Virtual disposable cards · unverified |
| Futures & perpetuals | No · unverified |
| Copy trading | No · unverified |
| P2P market | No · unverified |
| Earn / savings products | Yes · unverified |
| Referral program | Yes · unverified |
Not disclosed by the provider: Coins listed, Proof of reserves, Max leverage (x), User protection fund.
Data from the provider's website and public sources. Fees and availability change; confirm on the official site before you sign up.
Key features
Revolut X order book
A standalone trading exchange providing limit and market order execution with 0% maker fees and 0.09% taker fees.
Retail mobile trading
Instant purchases and sales of cryptocurrencies directly funded from multi-currency fiat balances inside the mobile app.
On-chain external withdrawals
Enables sending supported crypto assets to external self-custody wallets for network gas costs plus a service fee.
Multi-currency bank funding
Direct zero-fee deposits between native fiat banking accounts and the crypto trading interface.
Automated identity verification
Mandatory tier-one KYC verification integrated directly during account setup.
Inside Revolut
Revolut App
The core mobile banking application covers multi-currency checking accounts, retail stock and cryptocurrency purchases, and payment card management.
Revolut X
A standalone cryptocurrency trading exchange that provides central limit order book trading with 0% maker and 0.09% taker fee tiers.
Revolut Business
Corporate multi-currency accounts that include local IBANs, company payment cards, and integrated expense tracking tools.
What users say about Revolut
User sentiment is divided between strong appreciation for low-cost international transfers and multi-currency travel features, and frustration with unexpected service outages, sudden account restrictions, and unhelpful customer support.
Top goods
In their own words
“The answer if you have complex needs Revolut facilitates management of funds when you have a need to regularly transfer funds between currencies, at minimal cost.”
“It simply works. I have been traveling for business to many countries. I have never been left hanging while trying to pay. Very reliable and easy to use. Fantastic app, great company.”
“Just Amazing I usually don’t write any notes or review for anything, but man Revolut needs a 5 out of 5 star! the overall App experience, UI, graphics and intuitiveness if it is beyond description”
“[IE] Revolut restricted my account for a simple address update request. I'm unable to withdraw, transfer, and use my funds. I can't use my credit or debit cards. I have savings and I can't use those either.”
“Revolut won't let me close my CFD position. A few days ago Google Cloud had a breakdown and since then Revolut won't let me close, or even set a stop loss/take profit order on one of my CFD positions.”
Based on 100 Reddit posts and comments, 41 App Store reviews from the last 12 months, checked Oct 26, 2026. These are posts by users on other sites, not reviews submitted on CryptoReview.
User reviews
No user reviews yet. Have you used Revolut? Share your experience below.
FAQ
Who founded Revolut?
Nikolay Storonsky and Vlad Yatsenko founded Revolut in London in 2015. Storonsky previously worked as a trader at Credit Suisse and Lehman Brothers, while Yatsenko was a software engineer at Credit Suisse and Deutsche Bank.
What trading fees does Revolut charge for crypto?
On the standalone Revolut X exchange, maker orders incur a 0% fee and taker orders cost 0.09%. Fiat deposits incur no fees, while external crypto withdrawals carry a network fee plus a Revolut service fee.
Can US customers trade crypto on Revolut?
No, Revolut halted its US cryptocurrency trading services in 2023. Crypto services operate primarily across the United Kingdom, 31 European Economic Area countries, Australia, Japan, and Singapore.
Has Revolut experienced any security incidents?
In September 2022, a cyber attack compromised the personal data of over 50,000 Revolut users. A payment system vulnerability resulted in the loss of $20 million in company funds between late 2021 and 2022.
What regulatory licences does Revolut hold?
Revolut holds a full UK banking licence authorized by the PRA and FCA, an ECB banking licence administered by the Bank of Lithuania, a Mexican banking licence from CNBV, and a UK FCA cryptoasset registration.
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