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Capital at risk. The investment services provider is Lightyear Financial Ltd for the UK and Lightyear Europe AS for the EU. Terms apply: lightyear.com/terms. Seek expert advice if necessary.

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Disclaimer: I am not a financial advisor. This video and the ideas presented herein are for entertainment/educational purposes only and should not be construed as financial or legal advice. You, and only you, are responsible for your investment decisions. This video, post and article should not be construed as investment advice. Capital at risk.
Affiliate Disclosure: This description contains some affiliate links, which means I may earn a small commission if you click through and use these links, at no additional cost to you.

TIME STAMPS

00:00 Time to leave Revolut for EU investors
01:01 New Revolut EU share entity
03:32 DriveWealth real estate agent
04:46 No more individual investment accounts with Drivewealth
05:17 Custody of your US funds
06:00 Revolut Trading's biggest problem
07:44 Safekeeping of your cash
08:36 Why this change is important for EU investors
09:33 How to transfer your Revolut shares to interactive brokers
10:16 What I recommend you do next

In this video I will share with you the latest update to the Revolut Investing Platform, which unfortunately is not very beneficial for EU investors as you will basically lose your SIPC insurance on all your US shares that you hold with Revolut through Drivewealth . I personally recommend, as I have done myself, to transfer your money to another broker while you still can. I moved my money from Revolut to Interactive Brokers and in this video I show you how to do it easily.

Revolut has now updated its pricing and removed holding fees. You can find more information about this here https://www.revolut.com/blog/post/custody-fee-removal-uk/

#revolut #revolutstocks #interactivebrokers #ibkr

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