Not too long ago, the Revolut app introduced its new providing: the Buying and selling Professional subscription, which incorporates a set of superior instruments and focused evaluation designed to optimize buying and selling for superior merchants. See under for full particulars.
The enlargement of Revolut’s buying and selling provide for Italian prospects
As anticipated, Revolut unveiled its new Buying and selling Professional service, a bundle of superior instruments and insights designed to optimize the expertise for knowledgeable merchants.
This subscription gives merchants the chance to take pleasure in discounted commissions and better order limits for US and European shares and ETFs.
To encourage knowledgeable selections, Buying and selling Professional customers can make the most of the Buying and selling Terminal, a desktop software for detailed evaluation of their portfolio.
One other new characteristic is the prolonged market hours for buying and selling U.S. equities, made out there to all customers.
We emphasize that this new subscription is obtainable by Revolut Securities Europe UAB and could be added to present Revolut plans (apart from the Extremely plan, which incorporates Buying and selling Professional freed from cost).
All the brand new options of Buying and selling Professional
With Buying and selling Professional, energetic traders can take pleasure in discounted commissions at 0.12% (as an alternative of 0.25%) for trades that exceed the present restrict of free trades within the Revolut plan and with no country-based minimal commissions, with further commissions out there.
As well as, Buying and selling Professional gives entry to greater order limits for U.S. equities, European equities and Alternate Traded Funds (ETFs): $10,000 to $1,500,000 per order on U.S. equities and €1,500,000 for European equities and ETFs, with a most of fifty,000 shares per commerce.
To help knowledgeable selections, Buying and selling Professional customers can entry superior portfolio evaluation, together with efficiency comparisons, monitoring realized features and losses, and portfolio allocation, amongst different options.
Buying and selling Professional additionally features a desktop buying and selling software (accessible by way of commerce.revolut.com), which permits energetic merchants to arrange tailor-made workspaces, observe market dynamics, and conduct trades effectively, all inside a single interface to make sure an optimized desktop expertise.
Revolut: Buying and selling Professional enlargement and improvements within the app
In regards to the newest improvements, Rolandas Juteika, Head of Wealth and Buying and selling at Revolut within the EEA, stated the next:
“Buying and selling Professional has been rigorously developed to fulfill the precise wants of skilled merchants, providing a variety of instruments designed to enhance their buying and selling expertise.
We see a rise within the buyer base with greater worth portfolios utilizing Revolut for bigger trades, requiring extra detailed portfolio analytics and desktop instruments. Buying and selling Professional is designed to resolve these wants.
We’re continually working to increase the Wealth and Buying and selling providing to a variety of shoppers, integrating robo-advisor, mutual fund and bond companies.”
The most recent subscription plan, Buying and selling Professional, is now out there within the European Financial Space at a month-to-month price of EUR 15, with a one-month free trial. Solely customers with a buying and selling account can improve to Buying and selling Professional by way of the Revolut app.
Revolut has additionally prolonged market hours for buying and selling U.S. shares, permitting buying and selling from 4:00 AM EST (10:00 AM CET) to eight:00 PM EST (2:00 AM CET).
Throughout these hours, solely restricted orders and complete inventory trades might be out there, however the identical carry further dangers that should be rigorously evaluated.
Shoppers are inspired to look at the related dangers earlier than making any funding choice, as laid out in Revolut’s danger description doc.
Recall additionally that October noticed the launch of certainly one of Revolut’s greatest updates, Revolut 10, with a major overhaul of the app’s design and interface.
Specifically, the brand new design goals to simplify day by day monetary administration, with a particular concentrate on those that use Revolut as their main financial institution.
Revolut’s core companies at the moment are simply accessible from the house display, whereas instruments for wealth constructing, saving, investing, and accessing way of life choices are only one faucet away.
Revolut gives entry to greater than 2,200 listed corporations in the USA, greater than 70 listed shares in Europe, and greater than 150 ETFs by way of its app.
