Forex Brokers with Revolut

Written by Miro Nikolov

Miro Nikolov

Miro Nikolov is the co-founder of TradingPedia.com and BestBrokers.com. His mission is to help people make profitable investments by giving them access to educational resources and analytics tools.

, | Updated: September 29, 2025

‹
• Jump to:
• Main Features of the Best Revolut Forex Brokers
• How to Fund Your Forex Account with Revolut
• How to Withdraw from a Forex Account with Revolut
• Benefits
• Disadvantages
• Fees and Limits
• Revolut Chargebacks on Forex Accounts
• Why Trading with a Regulated Revolut Broker Is Important
• Security
• Conclusion
›

Founded in 2015 and headquartered in London, England, Revolut Group Holdings Ltd, operating as Revolut, is a global neobank that enables customers to manage, spend, and save their money easily and securely. Its payment solutions are particularly well-suited for online forex traders, providing enhanced financial flexibility and seamless digital transactions.

1. 

   Plus500 US

   Rating: 4

   This content applies only to Plus500 US and clients from the United States. Trading futures involves the risk of loss.

2. 

   eToro

   Rating: 4.2

   61% of retail investor accounts lose money

3. 

   Fusion Markets

   Rating: 4.8

   74-89% of retail's CFD accounts lose money

4. 

   FP Markets

   Rating: 4.9

   73.85% of retail investor accounts lose money

5. 

   BlackBull Markets

   Rating: 4.8

   Trading leveraged products is risky

6. 

   Axi

   Rating: 4.2

   The vast majority of retail client accounts lose money

Below is a comparison table of forex brokers that support Revolut transactions. The TradingPedia team has provided a detailed ranking of these brokers based on several essential parameters, such as TrustPilot rating, supported trading platforms, regulations, range of tradable instruments, spreads and commissions, leverage, and payment solutions.

Revolut is one of the world’s most popular neobanks, having amassed a customer base of 60+ million since its inception. It consistently ranks among the top three most downloaded finance apps on both Google Play and the App Store, while maintaining an excellent TrustPilot rating of 4.6 / 5.00 stars.

Over the years, the company has received multiple prestigious financial awards, underscoring its innovation, customer-centric services, and strong reputation in the global fintech space. Moreover, as a fully digital banking solution, Revolut demonstrates that bank transfer deposits and withdrawals continue to rank among the most trusted and widely used payment methods for forex traders.

Main features of the best Revolut forex brokers

How to Fund a Forex Account with Revolut?

Revolut is a bank-licensed company whose services are exclusively online through the Revolut app. Therefore, it serves as a convenient payment processor, effectively meeting the needs of online forex traders. Revolut supports over 30 account currencies, so traders must rest assured that their chosen broker will most probably accept some of them to avoid unnecessary conversion fees. For example, traders can use their Revolut account to deposit and withdraw from eToro in USD, EUR, and GBP.

To deposit via Revolut, traders must first have a verified brokerage account. The process is quite straightforward: navigate to the Deposit Funds section, select the ‘Bank Transfer’ option, and use the provided transaction ID and bank details to complete the transfer.

It is important to note that, due to anti-money laundering (AML) regulations, most forex brokers require customers to use the same banking method for withdrawals as they did for deposits. Consequently, once they use Revolut, it will appear among the default options when moving funds out from their trading accounts.

Traders using Revolut for the first time for their online deposits to forex brokers will most probably be contacted for further verification checks. They may be asked to provide a Revolut account statement confirming the transfer to the broker, or a standard bank account statement showing transfers to the Revolut account covering the amount they are willing to deposit. This ensures compliance with AML and fraud prevention requirements.

How to Withdraw from a Forex Account with Revolut?

Most forex brokers now support Revolut for both deposits and withdrawals, making it a flexible option for traders. As noted earlier, traders must use the same method for their deposits and withdrawals to comply with brokers’ anti-money laundering (AML) policies.

The withdrawal process closely mirrors that of deposits. Traders must initiate a withdrawal request through the broker’s platform and select the ‘Bank Transfer’ option.

Once the broker processes the request, the money is transferred to the trader’s Revolut-linked bank account, usually within 1 to 3 business days, though some brokers may process transfers faster. Withdrawal times may also vary depending on the broker’s internal approval procedures, the trader’s verification status, and regional banking networks.

In summary, withdrawal to Revolut involves a standard bank transfer initiated on the broker’s withdrawal interface, with funds arriving in the linked Revolut account shortly after.

Benefits of Using Revolut for Forex Trading

Using Revolut to deposit and withdraw from a forex trading account offers several key advantages, including a user-intuitive interface for managing funds, real-time notifications, and easy transaction tracking. These features provide convenience, efficiency, and a responsive experience for both beginner and experienced traders.

One of Revolut’s biggest strengths is its support for around 30 currency options, providing traders with seamless conversions at near-interbank rates directly within the app. This extensive currency coverage helps traders avoid costly and multiple currency exchanges, enabling them to deposit funds directly in their chosen account currency or convert beforehand at lower fees.

It also provides flexibility in managing trading accounts across various base currencies, eliminating reliance on traditional banks. However, traders should note that Revolut’s currency conversion fees can vary, so the choice of currency and timing may impact cost efficiency.

Revolut is also associated with low fees compared to traditional funding methods, potentially reducing transaction costs for deposits and withdrawals. Transfers are generally faster and more convenient, allowing traders to access or move funds quickly, an important factor when responding to fast-moving market opportunities.

Last but not least, Revolut’s high security standards as a bank-licensed provider ensure safe handling of funds.

Disadvantages of Using Revolut for Forex Trading

While Revolut is an advanced online banking method that offers speed, convenience, and competitive currency exchange rates, it is not without its drawbacks. One of the main disadvantages is that Revolut operates as a neobank rather than a fully licensed bank in many regions, which may limit the level of deposit protection compared to traditional banks.

Customer support is another area where users often report frustration, as response times can be slow during peak periods, and live agent access by phone is restricted to premium plan holders.

Additionally, although Revolut promotes low fees, certain services, such as international transfers, ATM withdrawals above free limits, or weekend currency conversions, can incur extra charges.

The tiered subscription model may also feel restrictive, as many advanced features are locked behind paid plans. Finally, Revolut’s dependence on stable internet and mobile app functionality means service interruptions can temporarily limit access to funds.

Fees and Limits When Using Revolut to Trade Forex

In addition to the free Standard plan, Revolut offers several paid subscription options, which differ slightly by region. In the United States, for instance, the paid plans are Premium ($9.99/month) and Metal ($16.99/month). Within the European Union, there is also the more affordable Plus plan, as well as the Ultra plan, the highest tier that delivers exclusive benefits such as premium lifestyle perks and priority services.

Using Revolut for forex trading deposits and withdrawals is generally cost-effective, but traders should be aware of certain fees and limits. Standard Revolut users enjoy free currency exchange up to a monthly allowance (varies by plan), after which a small percentage fee applies. Weekend currency conversions also carry a surcharge, typically ranging between 0.5% and 1%, which can impact traders’ ability to fund their accounts outside market hours.

When it comes to transfers, domestic bank transfers are usually free, while international transfers may incur fees depending on the currency, recipient bank, and subscription tier. ATM withdrawals are subject to monthly limits, beyond which additional charges apply, though this may be less relevant for forex traders focused on digital transfers.

Deposit and withdrawal processing times can also vary: most transfers are instant or same-day, but cross-border transactions may take longer, depending on the broker’s policies and the intermediary banks involved.

Below is a table showcasing some of Revolut’s fees and features for the Standard, Plus, Premium, Metal, and Ultra plans, available for customers based in the EU.

Revolut Chargebacks on Forex Accounts

When funding a forex trading account with Revolut, it is important to understand what chargebacks are and how they work. Chargebacks are generally designed to protect consumers from unauthorized or fraudulent card transactions. If you deposit into a broker account using your Revolut card (Visa or Mastercard) and encounter issues, such as fraud or a broker refusing to release your funds, you may request a chargeback through the Revolut app.

However, traders should note a few limitations. First, Revolut will only initiate a chargeback if the payment was made by card (Visa or Mastercard). Bank transfers made through Revolut (such as SEPA or SWIFT payments) are not eligible for chargebacks.

Second, Revolut acts as an intermediary in the chargeback process, forwarding claims to the relevant card network. The outcome depends on the card network’s investigation and rules, which can take several weeks.

Finally, in disputes with regulated forex brokers, chargebacks are less likely to succeed if the broker can demonstrate that services were rendered according to the agreed terms and conditions.

Why Trading with a Regulated Revolut Broker Is Important?

When scouring for a Revolut forex broker, one critical factor that traders must consider is regulation. Regulatory oversight provides a legal framework to protect traders’ rights and ensure recourse in case of disputes.

In case of a dispute, a broker regulated by a recognized financial authority is obliged to cooperate with the regulator to resolve issues. In contrast, unregulated brokers do not offer such protection.

Regulated forex brokers typically offer several customer protection mechanisms, such as negative balance protection, which prevents traders from losing more than their initial balance, and segregation of customer funds, keeping customers’ money in bank accounts separate from the broker’s operating funds. Thus, customers’ funds are protected in case of broker insolvency.

Last but not least, regulated brokers impose leverage limitations, which vary across jurisdictions and the tradable assets. These caps safeguard retail traders from going into excessive risk and maintain safer trading practices.

Security When Trading Forex with Revolut

Security is one of Revolut’s most pronounced advantages. The online banking solution provides a high level of security, ensuring safe and stress-free online transactions, including when trading forex.

Below are listed some of Revolut’s key security features:

• Account verification – Opening a Revolut account requires strict identity verification, including government-issued ID upload and a selfie. This ensures accounts are tied to verified users, reducing the risk of fraud.
• End-to-End Encryption and Data Protection – All transactions and personal data transmissions are encrypted, and stored data is protected in secure data centers with firewalls and limited access, complying with regulatory and privacy standards.
• Two-Factor Authentication and Biometric Security – Revolut employs 2FA and biometric verification (fingerprint and facial recognition) for login and transaction authentication to reduce unauthorized access risks.
• Real-Time Fraud Detection and Automated Monitoring – Revolut uses real-time fraud detection systems combined with manual review processes to identify suspicious activity and block or flag potentially fraudulent transactions.
• Transaction Limits – Users have preset limits on withdrawals and payments, which can be adjusted in-app. These limits help minimize loss if the card is stolen or compromised.
• Lost Device Protection – If a user’s phone is lost or stolen, Revolut allows quick account access restriction and card locking to prevent unauthorized transactions.

Conclusion

Revolut has established itself as a leading global neobank, offering fast, secure, and flexible digital banking solutions, well-suited for online forex traders. Its extensive currency support, competitive fees, and seamless deposit and withdrawal processes make it a convenient alternative to traditional banking.

While there are some limitations, such as tiered plan restrictions, occasional fees, and dependency on stable internet access, Revolut’s high security standards, real-time transaction monitoring, and user-friendly interface provide traders with confidence and control over their funds. Overall, Revolut combines convenience, efficiency, and safety, making it a reliable choice for funding and managing forex trading accounts.