Investing in the stock market has always been complicated, expensive and inaccessible for many people. It is not the cost of shares but the fees involved in the process that makes it expensive. Many fintech companies across the world are working towards bringing commission-free stock trading to the UK and Europe.
We live in a hyper-connected world that deserves progressive financial services that provide complete control over spending and access to transfers without ridiculous exchange rates. This is possible with fintech firms such as Revolut.
New trading feature!
Founded in 2015 by Nikolay Storonsky and Vlad Yatsenko in London, Revolut has launched a commission-free stock trading for Metal customers letting them make up to 100 commission-free stock trades a month. This will be supported by performance data and real-time price.
Revolut Metal customers will be able to make up to 100 commission-free trades per month in more than 300 U.S. listed stocks on NASDAQ and New York Stock Exchange. Additional trades will be charged at £1 per trade. Revolut provides a 0.01 percent annual custody fee and requires no account minimums.