Fidelity vs Revolut

Fidelity or Revolut – which is better for UK traders 2024? Compare Fidelity and Revolut in this detailed breakdown of their platforms, features and fees.

Fidelity vs Revolut Comparison Table 2024
Fidelity Revolut
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3.5
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3.1
Fidelity is ranked #113 among UK brokers. Revolut is ranked #72 among UK brokers.
Fidelity is a popular financial services firm that provides investment accounts and pensions with access to thousands of stocks, ETFs and mutual funds to clients based in the US, Europe and Asia. Fees vary by asset and account country, but are generally competitive, with zero-commission trading available on US stocks. Revolut has emerged as the most downloaded financial app in 11 countries with over 45 million users and more than $23 billion held in customer balances. It facilitates commission-free trading on over 2000 stocks and commodities, alongside 185 cryptos with a minimum investment of just $1. The mobile trading experience remains market-leading for casual investors seeking low, transparent fees.
Revolut operates across many global entities. The entity with whom a client receives services from depends on their country of residence. Each entity provides different products via different platforms, so clients will experience Revolut differently depending on their country of residence. Revolut Ltd (No. 08804411) is authorized by the Financial Conduct Authority under the Electronic Money Regulations 2011 (Firm Reference 900562). Revolut's cryptocurrency service is not regulated by the FCA, other than for the purposes of money laundering. Revolut Ltd has been temporarily registered with the FCA as a cryptoasset business, pending determination of its application by the FCA. Cryptoassets are volatile and not regulated or protected by investor compensation schemes – value can go down or up. Trading may be subject to tax. Fees payable.
Pros
  • Excellent list of stocks and funds to choose from
  • Very competitive pricing compared to largest rivals
  • Good list of account types to suit various types of investor
  • Uninvested cash is automatically put into a money market fund
  • Trusted global brand with strong regulation from SEC & FCA
  • Tax-efficient vehicles are available including ISAs
  • The app delivers a superb investing environment with a slick design and a packed ‘Discover’ section with daily top movers, collections like ‘Technology’ and ‘Utilities’ and popular stocks.
  • Revolut offers one of the smoothest fully digital sign-up processes we’ve seen, kickstarted through a QR code and taking less than 5 minutes.
  • Trade a growing roster of 2000+ stocks, 185+ cryptos and precious metals like gold, silver and platinum with fees starting from 0%.
  • Revolut uses cutting-edge security features with multiple layers, from PINs and passcodes to biometrics and one-time passwords, with $590M saved in fraudulent transactions.
Cons
  • No forex or CFD trading
  • There is no demo account
  • Less suitable for short-term trading
  • Presentation of data is overly complicated
  • No trading platform for non-US clients
  • The $1000 minimum deposit for international clients is high
  • The Revolut app is an excellent starting point for casual investors but testing reveals its charting package falls short for advanced traders with just two charts (line and candlestick) and six timeframes (1D to 5Y).
  • While the range of shares, commodities and cryptocurrencies is growing, Revolut still lacks popular asset classes like ETFs and does not support margin trading, trailing alternatives like Trade Republic.
  • Some users may find Revolut’s pricing structure confusing; while basic accounts have zero monthly fees, you may need to pay for foreign exchange beyond the specified limit and ATM withdrawals.
Awards
  • Boring Money Best Buy 2021 – Pension
  • Boring Money Best for Beginners Pension 2021
  • Boring Money Best for Beginners ISA 2021
  • Boring Money Best for Low - Cost Pension 2021
  • Online Personal Wealth Awards - Best Retirement Adviser 2021
  • Shares Awards 2020 - Best Execution-Only Stockbroker of the Year
FCA Regulated
Yes Yes
Instruments
ETFs, Mutual Funds, ISAs, Pensions, Stocks, Indices Stocks, Cryptos, Commodities
Demo Account
No No
Minimum Deposit
$0 $0
Payment Methods
Minimum Trade
£25 $1
Regulator
FCA, SEC FCA, Bank of Lithuania
Mobile Apps
Fil Mobile App iOS & Android
iOS App Rating
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Android App Rating
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Margin Trading
No No
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
Yes No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Copy Trading
No No
Social Trading
No No
Trade Signals
None
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No Yes
Custodial Account
Yes No
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
No No
Account Currencies
  • USD
  • GBP
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • ZAR
  • SEK
  • NOK
  • DKK
  • CHF
  • HKD
  • PLN
  • CZK
  • HUF
Commodities
  • Gold
  • Silver
  • Palladium
  • Platinum
Cryptocurrency
Revolut has expanded its crypto offering, now featuring 185+ tokens. You can buy, sell and transfer cryptos on the iOS and Android app within a few taps. Revolut also stands out by allowing users to round up leftover cash from card transactions in crypto and use their crypto balance to make card payments, while recurring investments can be made for dollar cost averaging.
Spread
From 0% (plan dependent)
Coins
  • ZRX
  • 1INCH
  • AAVE
  • ALGO
  • AMP
  • ANKR
  • BNT
  • BAND
  • BAT
  • BTC
  • BCH
  • ADA
  • CTSI
  • CELO
  • LINK
  • CHL
  • COMP
  • ATOM
  • CRV
  • MANA
  • DOGE
  • ENJ
  • EOS
  • ETH
  • FIL
  • RLC
  • ICP
  • KEEP
  • KNC
  • LTC
  • LRC
  • MATIC
  • MIR
  • NKN
  • NU
  • NMR
  • OMG
  • OXT
  • OGN
  • DOT
  • SKL
  • SOL
  • XLM
  • STORJ
  • SUSHI
  • SNX
  • TRB
  • XTZ
  • GRT
  • UMA
  • UNI
  • XRP
  • YFI
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Fidelity Revolut
Revolut operates across many global entities. The entity with whom a client receives services from depends on their country of residence. Each entity provides different products via different platforms, so clients will experience Revolut differently depending on their country of residence. Revolut Ltd (No. 08804411) is authorized by the Financial Conduct Authority under the Electronic Money Regulations 2011 (Firm Reference 900562). Revolut's cryptocurrency service is not regulated by the FCA, other than for the purposes of money laundering. Revolut Ltd has been temporarily registered with the FCA as a cryptoasset business, pending determination of its application by the FCA. Cryptoassets are volatile and not regulated or protected by investor compensation schemes – value can go down or up. Trading may be subject to tax. Fees payable.
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