Unless otherwise defined here, capitalised terms have the same meaning as in the Terms of Business which is the agreement detailing how we will provide our dealing services to you. This information will, among other information, typically include your National Insurance number, your passport number or your taxation reference number, or equivalent. Revolut's trading feature lets users buy or sell popular U.S. stocks from Apple to Beyond Meat. This agreement relates only to the provision of execution-only order transmission services by us to you, and where we provide additional services to you, those services will be governed by our other terms as appropriate (which you can find here). When will I receive any proceeds from the sale of an Instrument? If you sell shares (or any item of property) for a higher price than you originally paid for it, you are deemed to have made a capital gain.This capital gain is subject to a tax called Capital Gains Tax (CGT) – which is currently 33% The first €1,270 of taxable gains in a tax year are exempt from CGT. We do not hold your Instruments after you acquire them; the Third Party Broker will arrange for your Instruments to be held in accordance with applicable law. When the stop price is reached, a stop order becomes a Market Order and is executed at best available price (which can be lower or higher than the Stop Price). Before using your Revolut App to submit Orders in relation to Instruments, you should consider whether you have understood the risks detailed in this notice. You have the sole responsibility of determining the relevant tax impact to your trading and you should consult an appropriate professional advisor if you have any questions or doubts in this regard. Further detail on how the Third Party Broker will arrange for your Instruments to be held can be found here. There may also be circumstances in which we are required by a third-party, such as by the underlying market on which an Instrument is listed or by a regulatory authority, to cancel your Orders. Your use of the Revolut App must at all times comply with our terms and conditions. We do not take any responsibility for the accuracy or completeness of any market data or other such information provided to you via the Revolut App and we are not liable to you for any actions taken by you or not taken by you as a result of your use of any such information. Our primary obligation is to ensure that your Orders are transmitted to the Third Party Broker promptly and fairly. If you would like more information about how Revolut Trading collects, uses, processes and discloses your personal information, please contact us through the Revolut App or by sending an email to email@example.com. This means that Polish fintech customers who use its application to buy and sell shares on the American stock exchange lose the protection previously provided by EU regulations. If you have breached this agreement, and this has caused us to suffer a loss, the following will apply: When could you suspend or close my Account? What happens to my Instruments if the worst happens and I die? The market price of Instruments is influenced by a broad array of factors and can change rapidly and unexpectedly, meaning the value of those Instruments, and your related profits and losses on your Positions, can also change rapidly and unexpectedly. You can also contact us via the Revolut App chat function. It's important to note that by submitting an Order, you are entering into a binding commitment to buy or sell an Instrument. Stock trading with Revolut means being able to invest in the companies you love, enabling you to buy stocks as part of a diversified portfolio. It can be difficult to find a buyer or seller, and investors should not assume that an early exit will be available just because a secondary market exists. So investing for your future can finally become an attainable reality. you will also be responsible for any reasonable legal costs that arise as a result of our losses. The value of investments can go up as well as down and you may receive less than your original investment or lose the value of your entire initial investment. This market data may include historical data about prices of Instruments, industry and sector trends and analysis on various companies and Instruments. You will be able to request to cancel your Order instructed outside of Market Hours at any time before the opening of the relevant exchange. Where this occurs, we will take all reasonable steps to make sure that your personal information is handled securely and in line with our Privacy Notice and data-protection laws. In the event that you sell a particular Instrument and there are proceeds due to you from that sale, we shall procure that your Revolut Electronic Money Account is credited with the value of those profits. Please see here for more information. Are there any restrictions on my use of the Revolut App? Request Access. Instant market orders. Where your Instrument is a share in a company, you own a portion of the issuing company's share capital, with your ownership interest determined by the number of shares you own as a percentage of the total issued share capital of that company. After the four week period, we will provide a written response, or alternatively we will provide a response detailing why the firm is not in a position to resolve the complaint and that a final substantive response will be provided within eight weeks from the initial date that the response was received. are certain that you wish to go ahead with that Order; understand how this agreement applies to that Order; are willing and able to bear the risk of any potential loss associated with that Instrument; and. Please note that we do not permit you to go short on a particular Instrument. About Revolut Stock. the phone number and email address associated with your account; how you'd like us to put the matter right. You'll probably need to give us the information below. You should also be aware that there may also be instances where we or the Third Party Broker are required by a third-party to cancel your Positions. You acknowledge and agree that you will provide us with all information which we may reasonably request of you from time to time for the purposes of verifying your identity as part of the process of opening an Account via the Revolut App. This agreement contains important information that you need to read carefully. Past performance is not a reliable indicator of future performance. At the moment Revolut don’t have any available shares but it’s worth keeping an eye out for some. In some circumstances, your Order may be executed at a "better" price and in other circumstances it may be executed at a "worse" price than the price quoted to you via the Revolut App. For more information on how Revolut Ltd will protect your money, please read the General Terms of Services of Revolut Ltd, which you can find here. Throughout this agreement, we use certain capitalised terms that have specific meanings as detailed in the table below. Once you’ve opened your account, you can head to the dedicated section of the app, see live and historical prices of shares and buy or sell them. An Order to buy or sell a specified number of Instruments immediately during Market Hours at the best available price at that point in time. Under no circumstances will we act in any other capacity and a transaction will arise between you and the Third Party Broker in all instances for the purposes of the execution of your Order. It is important for you to note that we are not responsible for the execution of the Orders that you submit via the Revolut App but we have a duty to act in your best interest when we transmit your Order to another entity such as the Third Party Broker for execution or onward transmission. View Revolut stock / share price, financials, funding rounds, investors and more at … You should be aware that various tax regimes may apply to your trading in Instruments depending on your personal tax status and the rules and regulations in force from time to time. Any proceeds arising from the sale of your Instruments will be credited to your Revolut Electronic Money Account. Written by FinTech Alliance Share This Article Tags Revolut Challenger Bank Revolut hopes to raise £1.2bn in preparation for global expansion. The Third Party Broker receives daily and monthly reports from its executing brokers, which show the execution quality across a number of measures in order to determine whether best execution is being achieved. Revolut has raised $916.51 m in total funding. trading restrictions imposed by Resolution Compliance Ltd on us. How your Orders are executed is described in this document, and Revolut will only transmit the orders to a Third Party Broker for execution. If you own shares in a company that pays them of course, though keep in mind that many don’t. If you buy a fractional share that means youâre buying a little piece of a companyâs stock â a fraction of it. Due to the inherent nature of a moving market, indicative prices can change, sometimes rapidly and significantly, and it may not be possible to execute at the price shown on the Revolut App before you place your Order. An Order is an instruction from you to either buy or sell a particular Instrument which is made via the Revolut App. This agreement will continue to apply to you until such time as 30 business days has passed from the date on which any notice of termination is given. A copy of our complaints handling procedure is available on request. We can usually settle matters quickly through the app. Revolut’s trading platform has been teased since August 2018, when the company published a blog post signalling its intention to change shares … You should be aware that connectivity to the Revolut App may vary depending on your internet or network connection, and if you have a poor or weak connection, you may not be able to submit Orders and monitor your Positions with the same speed as you would otherwise be able to with a stronger connection. The Instruments which are shares made available via the Revolut App are all admitted to trading on a regulated market, and in the event that you wish to sell your Instruments, a corresponding buyer of those Instruments must be found in the underlying market. You should be aware that the Third Party Broker may execute your Orders outside of a regulated market, multilateral trading facility or organised trading facility, and by accepting this agreement, you expressly consent to the execution of your Orders in such circumstances. This is our mobile application through which we will provide to you the services addressed in this agreement. We will not execute your Orders ourselves, but rather will transmit them to the Third Party Broker, who will be responsible for execution. This notice is provided by Revolut Trading Ltd ("we", "us" or "Revolut") and provides you with important information about the risks associated with the services we provide to you. We will communicate with you in English, unless we tell you otherwise. Revolut informs clients that due to Brexit, from January 1, 2020, its British company Revolut Trading Limited will no longer be able to operate in the European Union. Revolut does not provide tax advice. The fee will be deducted from your Revolut Electronic Money Account. Revolut Trading Ltdâs registered address is: 7 Westferry Circus, Canary Wharf, London, England, E14 4HD. Amongst other things, prices of Instruments can be subject to gapping (where the price of the Instrument opens significantly above or below the previous day's closing price) and slippage (where the price an Instrument is executed at is different to the price to that which was quoted at the time the Order was submitted), especially in periods of market volatility. For now, the new share trading feature will only allow users to buy shares listed on the New York Stock Exchange and the NASDAQ, but Revolut says it’s planning to expand both its list of companies and markets. The Third Party Broker reviews and monitors its trade routing through its Best Execution Committee which considers various factors, including the characteristics of the market for the securities traded, the size of the order, the speed of execution, the number of markets checked, terms and conditions of the order and the accessibility of the quotation. When you open your trading account with Revolut, you agree that you will not engage in Pattern Day Trading. I've been using revolut since a few weeks to buy and sell etherium. an individual) or a small business) and you are unhappy with how we have dealt with your complaint, you can refer it to the Financial Ombudsman Service within six months of the date we sent (or should have sent) our final response to you. When I sell, it doesn't look like any fees are taken. You can see our current exchange rate in the Revolut app. It is open to you to request a different client categorisation to the one which we have given you, but we may, in our sole discretion, reject any such request. In these circumstances, your Orders may not be able to be submitted and you may not be able to monitor your Positions via the Revolut App. So your dividend is 0,1c. If you have any questions or doubts about any of the content of this agreement, you should seek independent professional advice. You’ll see here all the cryptocurrencies that you can sell. Further details are included in the Limited Purpose Margin Account Agreement of the Third Party Broker that you agreed to when onboarding with Revolut Trading. Trading financial instruments involves an element of risk. As you’ll be buying and selling in dollars you’ll need to pay attention to exchange rates. Whilst certain Instruments can be very liquid, you should be aware that others, such as the shares of smaller companies or of companies located in other geographies or territories, can be less liquid and it is not guaranteed that there will be a buyer for your Instruments. Revolut will not be liable for any losses you suffer as a result of fluctuations in price whilst submitting an Order outside of Market Hours. What happens to personal information about me that you have through the Revolut App? Manage your everyday spending with powerful budgeting and analytics, transfer money abroad, spend easily in the local currency, and so much more. Not available for orders in fractional shares. You acknowledge and agree that you will provide all such information as may be reasonably requested by us for the purposes of us, or the Third Party Broker, conducting such assessment. If you are unhappy with the proposed resolution, or if we are unable to respond within this time frame, we will acknowledge the complaint within four business days and we will aim to conclude our investigation within four weeks. Please note that the summary doesn't remove the need for you to read the remainder of this agreement, and you should make sure that you do so before you open your Account and submit any Orders. This section of the agreement provides further information about how you can access and use the Revolut App to submit Orders and monitor your Positions. 832790). If we or the Third Party Broker reject an Order, we will not have to explain to you why that Order has been rejected, but we will notify you if any of your Orders are rejected. Any trades outside of your monthly allowance are charged Â£1 per trade â see our Trading FAQ for your equivalent. 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