Revolut offers a simple way to manage your spending and invest in assets: stocks and crypto. Almost any stock that you can think of, you will find it on Revolut. The same goes for crypto. However, remember that stocks and crypto assets are split into two accounts or tabs. In this blog post, I will show you how to buy stocks on Revolut.
What is Revolut?
Revolut functions as a fintech company, offering a mobile application that facilitates various financial activities. These include sending money to friends, managing finances, accessing travel benefits, and investing in stocks and cryptocurrencies. Users can also save money in a vault, earning a daily interest rate of 1.67% annually.
The company provides a no-cost plan (standard) with the only charge being for a physical debit card. Additionally, users can generate a virtual card within their account, along with a disposable virtual card for short-term use. Opting for a paid plan (plus, premium, or metal) unlocks additional advantages like airport lounge access, medical insurance, and reduced fees. Paid plans also grant the option to customize physical cards with various designs, colors, and materials.
Revolut’s user interface is intuitive, supporting multi-currency accounts to eliminate the need for currency exchange when spending abroad. This feature ensures immediate visibility of transactions within the app whenever the card is used. Topping up one’s account is simple, allowing direct transfers from external banks or even receiving income like salaries or freelance earnings.
If you don’t have Revolut account, you can open one for free here.Â
How to buy stocks on Revolut?
Here are the steps on how to buy stocks. If you don’t have enough money in your investment account, read our guide on how to add money to Revolut Trading.Â
- On your main dashboard, click on ‘Stocks’
- In the search bar at the top, you can search for your stock
- Once you find the company and the ticker symbol, click on the selection. In the example, I picked Microsoft (MSFT)
- At the top, you can click on ‘Buy’
- You can switch between market order, limit order, or stop order. If you don’t know the difference, read our guide here. I usually go with market order in order to buy the stock at the current market price
- Then you can enter the number of stocks you want to buy, or enter the amount of money you want to invest. Remember that you can buy fractions of shares on Revolut.
- Click on ‘Buy’ once you are done with your analysis.
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