Revolut Penny Stocks – 34 Cheapest Stocks

If you are not new to stock trading, you probably heard about the term penny stocks. Penny stocks are company stocks that sell below the 5 USD mark per share. The list of shares available on Revolut is not long, however, there are several companies shares available that would classify as penny stocks. However, if you’d like to access more cheap stocks from more markets, you can have a look at DEGIRO, which is rated as the “Top Rated Overall Investment Platform & Investment App 2020” by Investors Chronicle & Financial Times (UK).

Investing involves a risk of loss.

Common penny stocks risks

Penny stock trading comes with additional risks. Some of these stocks can be only bought ‘over the counter‘ (OTC). However, some companies can be acquired and sold on online trading platforms like Revolut or similar stock trading platform alternatives. The most common risks associated with penny stock trading are: 

• Penny stock companies may not be able to provide enough financial data to supervisory authorities. It leaves room for potential fraud or illegal activities by the company management. Usually, more common for companies that sell ‘over the counter’.
• Less valuable companies may still fight for their market share to survive in the market. 
• The company may be in financial trouble. I.e. The company is filing for bankruptcy, so their further existence is under question.
• These companies are usually less liquid, and you may not be able to sell them at the price you desire. 
• Etc.

However, there are multiple tiers for penny stocks, and you can avoid some of the risks mentioned above. Revolut made available only penny stocks that are traded on exchanges like NASDAQ, NYSE and NYSE AMERICAN. These companies are required to meet a certain criterion to be listed on these exchanges.

How to buy the best penny stocks online?

Buying penny shares is simple if you’re using the Revolut stock trading app. You can buy penny shares from 34 companies on the Revolut stock trading app. On the trading platform, you’ll have access to common penny stock companies that are listed on popular exchanges like NYSE and NASDAQ. As mentioned above, these are the best penny stocks to buy since they are not traded ‘Over the counter’, are safer and more liquid.

To buy penny shares, you need a stock trading account with a stock trading broker. Once your stock trading account is activated, you need to look for company stocks priced below 5 USD per share.

34 Penny stocks on Revolut

NYSE penny shares on Revolut

• MUX – McEwen Mining Inc
• QD – Qudian
• EDU – New Oriental Education & Tech Group
• SUPV – Grupo Supervielle
• IAG – Iamgold Corp
• CIG – Companhia Energética de Minas Gerais
• UGP – Ultrapar Participações
• ABEV – Ambev
• MFG – Mizuho Financial Group
• IVR – Invesco Mortgage Capital
• HMY – Harmony Gold Mining Company Limited
• ATIP – ATI Physical Therapy
• GNW – Genworth Financial
• BBAR – BBVA Banco Francés
• BBD – Banco Bradesco S.A. – Preferred Shares
• RES – RPC
• AUY – Yamana Gold
• BRFS – BRF
• YPF – YPF
• SWN – Southwestern Energy
• MFA – MFA Financial
• GGB – Gerdau S.A.
• TAL – Tal Education Group
• CHS – Chico’s FAS

NASDAQ penny shares on Revolut

• NBEV – New Age Beverage
• DHC – Diversified Healthcare Trust
• OPK – Opko Health
• FVE – Five Star Senior Living Inc
• NYMT – New York Mortgage Trust
• TALK – Talkspace
• CLVS – Clovis Oncology
• LXRX – Lexicon Pharmaceuticals

NYSE AMERICAN penny shares on Revolut

• TRXC – TransEnterix
• BTG – B2Gold Corporation

Questions about penny stocks