Revolut FX

Revolut FX is a retail forex and CFD broker registered in the United Kingdom, founded on 25 July 2024. The broker operates under the domain revolutfx.net and targets traders with a range of account tiers requiring substantial minimum deposits. As of its establishment, the broker does not hold any regulatory licences from recognised authorities, which represents a significant consideration for potential clients.

The broker's product suite includes forex, indices, commodities, and stocks, offering leveraged trading on these instruments. Account types are structured from a Micro account with a minimum deposit of $250 to a VIP account requiring $100,000. Leverage varies by account, with the highest at 1:500 for Micro accounts and lower at 1:100 for Premium and VIP accounts.

Revolut FX provides four account tiers designed for different capital levels. The Micro account has a minimum deposit of $250 and offers leverage up to 1:500, making it the most accessible but still requiring a deposit higher than many industry entry-level accounts. The Standard account requires $2,500 with maximum leverage of 1:300. The Premium account starts at $25,000 with 1:100 leverage, and the VIP account necessitates $100,000 with the same 1:100 leverage.

These high minimum deposits suggest the broker targets traders with substantial capital rather than retail beginners. The leverage structure is inverse to typical offerings, where higher-tier accounts often enjoy higher leverage, but here the lower-tier Micro account has the highest leverage.

The broker claims to offer trading in forex, indices, commodities, and stocks. This multi-asset offering is standard among retail CFD brokers. However, specific details on the number of instruments, contract specifications, spreads, and commissions are not disclosed in the known facts. Trading platforms, execution models, and available account currencies are also not provided.

Without regulatory oversight, traders have limited recourse in disputes. The absence of independent verification of trading conditions means that advertised features should be treated with caution. FXCanary recommends verifying any claims through independent sources before committing funds.

According to available records, Revolut FX is not regulated by any financial authority. The broker is registered in the United Kingdom but holds no licence from the Financial Conduct Authority (FCA) or any other recognised regulator. This is a critical risk factor, as unregulated brokers are not required to adhere to client fund segregation, negative balance protection, or other investor safeguards.

The lack of regulation contributes to FXCanary's Scam Risk Score of 56/100 (Elevated). Traders should be aware that depositing with an unregulated entity carries heightened risks of unfair practices, withdrawal issues, or total loss of funds.

Revolut FX presents itself as a multi-asset broker with high entry barriers and no regulatory oversight. While the account structure may appeal to experienced traders with large capital, the absence of regulation and limited publicly available information are significant red flags. Potential clients should conduct thorough due diligence and consider whether the elevated risks are acceptable for their trading objectives.

FXCanary advises traders to prioritise brokers with recognised regulatory licences and transparent operational histories. For now, Revolut FX remains a high-risk option that demands caution.