Revolut Invest vs Trading 212 — which broker is better?

Pros

• Fastest account opening of any broker we cover: six in-app steps, no minimum deposit, verified in about a business day
• Free trades inside the plan allowance — 1 a month on the free Standard plan, up to 10 on Metal and Ultra
• No custody fee, no inactivity fee and no withdrawal fee on the investment account
• Fractional shares from small amounts, so EUR 50 buys a slice of any covered US stock
• Free and instant funding by card, Apple Pay or Google Pay, with roughly one-business-day bank withdrawals
• Pays interest on uninvested USD, EUR and GBP cash, tiered by plan and rated above average against 100-plus brokers
• Banking licences in the UK and Lithuania sit behind the group, alongside FCA and Bank of Lithuania oversight
• The minimum country fee is only EUR 1 in Germany and GBP 0.01 under the UK entity, and recurring ETP buy orders are exempt from it

Cons

• Narrowest product range of any broker we cover: about 1,500 US stocks, three stock markets, no options, futures or mutual funds
• Above the free allowance every order costs at least the EUR 1 minimum country fee, so a EUR 200 purchase still pays 0.5%
• Trading is USD-denominated, and once the monthly exchange allowance is spent (EUR 1,000 on Standard) conversion costs 0.5%, plus 1% more at weekends
• Customer service scored 1.1 out of 5 in independent testing — no email channel, pre-recorded phone menus, slow chat
• No demo account, no structured education and only basic in-app research; education rated 1.0 out of 5
• EEA clients moved from a EUR 100,000 deposit guarantee to EUR 22,000 investor compensation plus a shared SIPC pool

Pros

• One of the lowest all-in costs among mainstream European brokers for buy-and-hold investors: no commission, no custody fee, no inactivity fee, free withdrawals with no minimum, and a 0.15% FX conversion fee.
• Over 13,000 global stocks and ETFs across LSE, Xetra, Gettex, NYSE, Nasdaq and Euronext Amsterdam, all available fractionally from as little as EUR 1.
• Pies and AutoInvest let you define a target portfolio with weights and drip contributions into it automatically - proper portfolio automation rather than a recurring single-stock order.
• A true multi-currency account across twelve-plus currencies including GBP, EUR, USD, CHF, PLN, SEK, NOK, DKK, CZK, HUF, CAD and AUD, so you can hold the currency you trade in and avoid conversion entirely.
• Bank transfers and all withdrawals are free with no limits; card and e-wallet deposits are free up to a cumulative GBP/EUR 2,000 before a 0.7% charge applies.
• EEA clients of Trading 212 Markets Ltd. get EUR 20,000 ICF cover plus, per Trading 212's own disclosure, additional insurance up to EUR 1m through Lloyd's of London.
• Regulated across five jurisdictions - FCA 609146, CySEC 398/21, BaFin 10109603, ASIC 541122 and Bulgaria's FSC - which is unusually broad for a private app broker.
• The mobile app is genuinely excellent: full account functionality, fast, and consistently among the highest-rated broker apps in the UK.

Cons

• Research is the weakest of any broker at this size. There is no meaningful screener, no analyst consensus, no fundamental data worth the name and no export tooling - you will make every decision using data from somewhere else.
• No options, no futures, no individual bonds and no mutual funds. The entire proposition is stocks, ETFs, CFDs and spot crypto; anything more structured has to live at another broker.
• Support is chat and email only, with no retail phone line. For a platform holding a pension and an ISA, the absence of a voice channel is a real gap when something is time-critical.
• Privately held, so there is no quarterly reporting or public market scrutiny of the kind eToro and XTB are subject to as listed companies.
• Governance record has two visible blemishes: blocking retail GameStop purchases in January 2021, which drew UK Financial Ombudsman complaints, and being reported in 2026 to have let UK retail clients buy crypto ETNs between October 2025 and January 2026 before holding the FCA permission.
• CFD costs are much less attractive than the investing side - the FX fee is around 0.5% rather than 0.15%, and overnight interest accrues daily on every leveraged position and compounds over time.