Revolut Alternatives in Europe & UK

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Despite Revolut’s fast growth and addition of new features, many app users only need some of them. Therefore, many apps may serve as an excellent alternative to the well-known Revolut.

However, it will be very challenging if you’re looking for a complete replacement with the same features because you may need to compromise and pick multiple alternatives simultaneously.

It’s best to understand what services you mostly require and pick an app similar to Revolut. To make it easier, we’ve combined a few lists with the best alternatives to Revolut based on features.

These are all the services and features currently offered by Revolut:

Revolut all features
Revolut Hub – All features and services.

Best alternatives to Revolut by features

We’ve analyzed the best alternatives to Revolut according to the app’s main features. These alternatives are primarily available in the UK, Ireland and Europe. See the main sections below and find the best Revolut alternative for money transfers, stock trading, cryptocurrencies, and business.

If you want to learn more about the alternatives

*Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.


Revolut card alternatives

If you use Revolut as a bank or for payments (local or international), there are quite a few alternatives to choose from, as enough companies offer such services.

WISE – Online money transfers

Wise (Formerly TransferWise) is known as one of the best alternatives to Revolut. The app offers the best rates for international payments. It’s used by more than 11 million customers, it’s FCA regulated and available in most countries.

If you don’t need other features that Revolut can offer, this could be the best service like Revolut.

Wise - Alternative to Revolut

N26 – for personal and business use

If you’re looking for the best Revolut alternative for banking, look no further than N26. This German app offers most features Revolut has, plus a few extras. For example, N26 has a built-in ATM locator, so you can always find one when you need cash. There’s also a handy currency converter, so you can see how much money you have in other currencies.

N26 also offers some features that Revolut doesn’t, such as overdraft protection and interest-bearing accounts. However, these come at a cost – N26 charges a monthly fee for some of its premium features.

N26 is not accessible in all European countries yet, so double-check the list of countries where N26 currently operates before trying to open an account – Austria, Belgium, Denmark, Estonia, Finland, France, Germany, Greece, Iceland, Ireland, Italy, Liechtenstein, Luxembourg, Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden and Switzerland.

Revolut Crypto alternatives

Today, most people have already heard about cryptocurrencies. Many have started to learn about them. But only some, decide to take advantage of the growing market by investing in the crypto market.

Revolut introduced cryptocurrency trading a few years ago. However, it hasn’t changed much, and there are still many limitations regarding various features that crypto traders may want. Hence why, traders often decide to trade cryptos on other platforms. Some of the most popular platforms where to buy or trade cryptocurrencies can be seen below.

eToro cryptocurrency platform

eToro is a publicly-traded company that is growing very fast. That also reflects on the crypto trading as new coins and features appear on the platform. It has a stable platform with a social trading element where you can discuss your trading ideas with other traders.

If you want to buy cryptocurrencies, eToro is a cheaper platform than Revolut. I.e. If you’re buying Bitcoin worth 2,000 EUR, you may save around 35 EUR in buying fees compared to Revolut. And a similar amount when selling – depending on the cryptocurrency price. More about that you can read in our Revolut cryptocurrency review.

eToro platform
eToro platform

Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.

Not only cryptocurrency traders, but also stock traders are often choosing between eToro and Revolut. eToro is one of the most popular Revolut trading alternatives in Europe. It’s easy to understand and is well suited for both; beginners and experienced traders.

eToro benefits

  • The leading social trading platform in the world with a user base of 20 million traders.
  • A simple fee structure.
  • A regulated trading platform in the U.K. and Europe.
  • Diversified asset classes for investors to choose from. 
  • A tremendous user base growth in the last few years. 
  • Patented technology that protects the business from being copied. 
  • Feature-rich and a user-friendly trading platform even for beginners. 
  • The low entry barrier for new traders.

Revolut Trading alternatives

Revolut Trading limited is currently registered and regulated in the UK. Because of this, many non-UK traders are looking for Revolut trading alternatives for additional funds protection that is covered by the EEA deposit protection scheme. It doesn’t necessarily mean that Revolut trading is a complete no go but there are additional risks that you could avoid by choosing a broker that is regulated in the EU. At the moment, Revolut can’t advertise its trading services and provide trading support in the EU. If you decide to continue investing through the app, the full responsibility relies on you. If you’re from the UK, it’s not an issue for you but there are also other reasons why traders and investors consider switching to a different trading platform:

  • Changes in the fee structure.
  • The stock trading service is down from time to time. Traders may not be able to sell or buy stocks at a desirable time and price.
  • Day trading limits.
  • Changes to limits for free day trades.
  • Stock trading limits (Up to 10,000 USD or 500 shares per order).
  • Revolut trading doesn’t hold your shares. It’s a broker buying and selling stocks on your behalf.
  • Limited Revolut stocks list available for trading.
  • Etc. (If you have other reasons, feel free to share them in the comments section.)

Probably, you are likely to find a better alternative with more features and fewer fees. We have compiled a list of the most popular alternatives that traders use to replace Revolut stocks with a safer alternative that is also regulated in the European Union.

DEGIRO vs Revolut

DEGIRO is a Dutch trading platform that was established in 2013 and quickly became one of the largest brokers in Europe. It is a regulated broker and you may expect low commissions, a simple platform and a large selection of stocks. In comparison with Revolut, on DEGIRO traders can invest in multiple markets, i.e. Europe, the US, Australia, Japan, Hong Kong and others. A great option to diversify your portfolio with a global approach.

DEGIRORevolut
Most suitable forBeginners & Experienced tradersBeginners
Min. deposit0.01 EUR0.01 USD
Min. order value (Stocks)No minimum1 USD
Min. withdrawal amountNo minimumNo minimum
Demo accountNot availableNot available
US stock trading fee (Buy/Sell)0.00 EUR on US Exchanges, and 0,1% Auto FX. 0 USD (Limited)
Deposit fee0 EUR0 USD
Withdrawal fee0 EUR0 USD
RegulationRegulated in the UK (by FCA) and EU (by AFM).Regulated in the UK (by FCA).
 Try DEGIRO
Investing involves the risk of loss.
 
DEGIRO and Revolut trading comparison

Trading212 vs Revolut

Many traders choose to trade stocks using the Interactive Brokers platform, which may be difficult for less-experienced traders. Besides, it requires substantial starting capital. This is where Trading212 comes in. Trading212 uses the same IBKR platform but it’s suited better for less-experienced traders. Trading212 is very similar to Revolut trading but offers a much wider selection of stocks.

Trading212Revolut
Most suitable forBeginnersBeginners
Min. deposit1 USD/EUR/GBP0.01 USD
Min. order value (Stocks)1 USD/EUR/GBP1 USD
Min. withdrawal amount150 USD/EUR/GBPNo minimum
Demo accountAvailable
Your capital is at risk.
Not available
US stock trading fee (Buy/Sell)0 USD/EUR/GBP0 USD (Limited)
Deposit fee0 USD/EUR/GBP0 USD
Withdrawal fee0 USD/EUR/GBP0 USD
RegulationRegulated in the UK (by FCA) and EU (FSC).Regulated in the UK (by FCA).
 Try Trading212
Your capital is at risk.
 
Trading212 and Revolut trading comparison

Plus500 vs Revolut

Plus500 is one of the oldest companies among the ones mentioned above. The company was founded in 2008 in Israel. Plus500 is very competitive in terms of fees and is one of the top CFD providers. The platform’s financial instruments (I.e. CFDs) are most suitable for experienced traders.

Plus500Revolut
Most suitable forExperienced tradersBeginners
Min. deposit100 USD0.01 USD
Min. order value (Stocks)1 USD
Min. withdrawal amountDepends on the trader’s country of residence and payment method of choice.No minimum
Demo accountAvailable
79% of retail CFD accounts lose money.
Not available
US stock trading fee (Buy/Sell)0 USD0 USD (Limited)
Deposit fee0 USD0 USD
Withdrawal feeFive free withdrawals per month0 USD
RegulationRegulated in the UK (by FCA), EU (by CySEC #250/14), Australia (by ASIC), Singapore (by MAS) and Israel (by ISA).Regulated in the UK (by FCA).
 Try Plus500
79% of retail CFD accounts lose money.
 
Plus500 and Revolut trading comparison

Revolut Business alternatives

PayPal has been around for years. Even before most of the apps, we use today. It has competitive prices, and easy to implement payment systems as most platforms have created plugins and technical solutions to integrate with PayPal.

Common reasons why users choose to close Revolut account

There may be many reasons why people look for alternatives to Revolut, but some of the most popular are: 

  • Revolut closed an account or limited features.
  • Automated or slow live support.
  • Particular countries are not supported. 
  • Stock traders outside the UK are no longer protected by EU law.
  • Changes in the fee structure.
  • The app is not yet fully stable, and services are down from time to time.
  • A small cryptocurrency list for crypto traders.
  • Cryptocurrency transfer limits.
  • Etc. (If you have other reasons, feel free to share them in the comments section.)

These are only a few examples, and you probably have your own reason to look in the direction of Revolut competitors. Revolut has created a multipurpose financial app that’s not limited to residents of one particular country. Many similar or even better apps than Revolut may be limited to residents of one country. After evaluating the most common reasons why users choose to search for apps similar to Revolut, we’ve broken them down by usage category. Pick one of the categories listed below to find the best alternative to Revolut for your needs. 

Frequently asked questions about Revolut alternatives

Is Revolut better than Wise (Transferwise)?

There’s no clear answer to this question. It comes down to features that you’re mostly using. Revolut offers a wider range of features but Wise (Transferwise) offers better international payment handling. Compare these apps with alternatives to Revolut to find out more.

What is better than Revolut?

Revolut offers multiple services on the app. Since there are not many apps that can offer the same package of features, you may find a better app depending on your particular needs. I.e. Check Revolut alternatives by category and pick the one that fits your criteria.

Should I use Revolut?

If you don’t have an account with Revolut, you can create one for free and test the app to find if it’s useful for you.

What is equivalent to Revolut in the USA?

The most popular app equivalent to Revolut is the Robinhood app. The Robinhood app was developed earlier than Revolut and has taken the leader position in the US market.

Martin Kaiser

Editor-in-Chief on Globe Funder with more than ten years of experience in personal finance, stock trading and cryptocurrency fields. Martin has a master's degree in Business Administration and a strong passion for online investing.

1 thought on “Revolut Alternatives in Europe & UK”

  1. Thanks Martin, very useful. I have both Revolut account for normal day to day and a DEGIRO account which I use for ETF’s. Was only considering Revolut for individual stocks in view of an amount of commission-free trades based on my Premium account so your review is very helpful.

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