Revolut introduces Trading Pro for advanced traders

Digital Reinvention
09/11/2023News

Revolut has introduced Trading Pro, a powerful set of tools and insights designed for advanced traders in the European Economic Area (EEA). Provided by Revolut Securities Europe UAB, Trading Pro can be added to existing Revolut plans, excluding the Ultra plan.

With Trading Pro, active investors benefit from discounted commission fees of 0.12% for trades exceeding the free allowance in the current Revolut plan. No minimum country-based fees apply.

Trading Pro offers higher order limits on US and EEA stocks and ETFs, with maximum limits for US stocks at $1,500,000 per order and €1,500,000 for EEA stocks and ETFs.

Traders relying on data-driven decisions can access advanced portfolio analytics through Trading Pro. This includes performance benchmarking, realized profit and loss tracking, and portfolio allocation.

A desktop Trading Terminal accessible via trade.revolut.com is included with Trading Pro. This allows active traders to set up custom workspaces, monitor market trends, and execute trades efficiently.

Rolandas Juteika, Head of Wealth and Trading in the EEA, noted, "We see an increasing customer base with higher portfolio values using Revolut for bigger trades, with the need for deeper portfolio analytics and desktop tools. Trading Pro is here to solve these problems."

The Trading Pro subscription is available in the EEA for a 15 EUR monthly fee, with a free trial for the first month. Users with a trading account can upgrade to Trading Pro via the Revolut app.

Revolut has also extended market hours for US stocks, allowing trading from 4 am EST to 8 pm EST. However, only limit orders and whole shares trading are available during these extended hours, which carry additional risks compared to regular hours trading.

Revolut's introduction of Trading Pro in the EEA reflects its commitment to meeting the evolving needs of advanced traders. With discounted fees, higher order limits, advanced analytics, and the desktop Trading Terminal, Trading Pro provides a comprehensive toolset for serious investors. The extension of market hours for US stocks enhances Revolut's appeal as a financial platform for traders.

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