@@danielcomirzan Hi Daniel, I feel you been very much a red day:) It’s actually healthy for the market to have a slight rebalance from time to time in order to continue to grow. That’s why I always suggest long-term investing over short-term speculation. People forget that you don’t actually lose money if you don’t sell. If you can, keep holding on and things will look bright and shiny in the long-term, but I can see you are on the right path.
Yes I know it's healthy and I shouldn't worry about that much but you want to see some blue in case of revolut from time to time 😁. What stocks do you suggest to invest in? I have PLTR, NIO, Pins,Uipath, TAK and CSIQ.
Great video , what really impressed me though was your interaction and quality answers to all questions in the comments, very time consuming, ,fair play to you 💯 Thanks
Hi Chad, that means a lot and thank you for mentioning that. I really enjoy those interactions with viewers of my videos and often some of those questions really made me research more about a topic to find an answer so it works both ways and I enjoy it. Thanks a lot and have an awesome weekend ahead☀️
Wow, super simple explained. Love that it's possible to trade globally and free of fees. Do you use other trading apps? and do what platforms do you use to analyze which stocks you want to buy? Thank you I truly appreciat eit. Kindest Christina
Hi Christina 👋, Glad you found it helpful! I primarily use Interactive Brokers & Trading 212 for trading due to their low fees and global access. For analysis, I rely on Seeking Alpha but even the two apps above have great information and insights for you to use to make a decision. Hope that helps. Cheers, Kai
@smartMneywithkai i stumbled on this video you made 3yrs ago and it's still very useful and educative. After watching this video and other videos you made, i was full of confidence, i downloaded REVOLUT app and after all the registration i bought a TESLA stock which i am still holding till now. 😊
Hi, if you chose an accumulating ETF, the ETF provider will automatically reinvest those on your behalf, otherwise, all dividends will land in your Revolut account. Though the video is very old, I do not recommend to use Revolut for investing anymore. You can check out this video with my latest recommendations. th-cam.com/video/c9Z-2RgZEq0/w-d-xo.html Cheers
Amazing Vid!! After searching for lots of videos I find yours very simple and useful. I'm starting today I will create my trading account thanks to you :) One question here if you don't mind. Do I have to invest monthly? I mean if I just forgot or for any other reason.
Hi there and thanks a lot for your comment, kind words and subscription, much appreciated🙏Well done for starting your investing journey and Revolut is a great platform for that. And to your question. No, you don’t need to invest monthly. It’s really up to you at which frequency and which amount you want to invest though I would recommend you to do it monthly in smaller amounts rather than a one off big sum, as you will benefit from dollar-cost averaging in the long-term. Happy investing😉
@@SmartMoneywithKai Thank you so much for your answer and appreciate your time :) I see you are already have gone deep in this market, any recommended stock I can start to buy some shares? I know there is no like a standard answer for this question but from your experience as a long term investing.
@@mizopol For beginners I always recommend either to start investing in ETF's, which sadly on Revolut you currently can't. If you feel bit more adventurous, a fairly safe bet in the long term will be big US Tech stocks, Alphabet (Google), Apple, Mircosoft & Amazon. Highly unlikely that they will dissapear overnight and it's a great start for you to 'get your feet wet'. You can always add more high risk stocks later on once you feel comfortable.
@@SmartMoneywithKai Thank you so much Sir for all the advices :) I will keep you posted after a month + how things are doing and I definitely will recommend your channel! Have a wonderful evening.
@@mizopol Truly appreciated🙏And yes, please do, would be excited to hear how it goes and let me know any questions you may have along the way. Much success🚀
I just applied via Revolut to trade. I came to find out what the minimum investment was, which you answered. And I learnt a lot from all the other information. Thank you.
Hi there and most welcome. Yes, you can just sell the stock you have and then it can take up to a day and you will have it back in your investment account and from there you can transfer to your usual Revolut account pretty much instantly and use the money how you wish. Cheers
Hey Kai, can you explain how do we put stop and limit order in revolut and when to use them. Also, it it better to get a metal account if I'm planning to invest $250 every month?
Hi Ravi, thanks for your comment. In the app when you go to click buy on the stock you want, at the top right it says market, if you click on it you can change to stop and limit order which basically means to buy the stock only at a certain price you will then define. Personally I always chose market order as I buy regular and aim for long-term buy and hold. I would not suggest Metal unless you plan to do more than 5 trades a month which would be less than 50 per trade if you plan to invest 250. I have Premium and offer all I need at lower monthly costs. Hope that helps.
@@SmartMoneywithKai Thank you! Very glad I'm here, been reading up on investing and the approach I started adopting matches up with yours so its very reassuring for me 🥳
@@neoibnid303 Amazing to hear that and well done. As they always say, the best day to start was yesterday, the second best today so I am sure you will have a fun and worthwhile investing journey ahead, it’s awesome 💯
Hello. Thanks for your video. I have a couple of questions. You claim Revolut is really commission free in the sense that you buy and sell EXACTLY for the same price? I think there should be some commission to account for the random price fluctutations, so in principle I cannot believe that. Also, what about custody fees? Don't you have an interest of 0.0012 a month (i.e. 0.12 %) which amounts to losing at a rate (1-0.0012)^12 \equiv 1.44% a year if your number of shares remains fixed? I hope I am calculating something wrong, because that looks to me like daylight robbery. Also, you seem to lose a small percentage when converting currency (i.e. if I convert from euros to pounds and back in an instant, I lose 0.1%). Thanks a lot!
Hi Edmond, many thanks for your kind words and elaborate comment and question. Regarding commissions, this is the answer from Revolut: Monthly allowance of one free trade for Standard plans , three free trades for Plus plans and five free trades for Premium plans while Metal users enjoy limitless commission-free trades. I believe what you refer to is the spread that is the difference between the bid and ask price for a stock. That is common though, any broker will have a deviation there, that's how they make money, for some it's bigger, some smaller, but overall I feel this is fair. As per the custody fee, here is the official statement from Revolut: Currently 0.12% / 12 bps (on an annual basis) of the market value of your assets held by the Third Party Broker in your account with it, which are charged monthly. So it's 0.12% per year, which is really reasonable, but of course, other brokers charge nothing at all, that was yet another reason why I personally changed to Interactive Brokers. Currency conversion has always a certain exchange risk, but their rates are really very competitive and much better than other banks, but don't exchange on weekends, much better rates during weekdays. Hope this helps. Happy investing🚀
@@SmartMoneywithKai Thanks for your useful answer! I was *not* referring to the spread or the commissions that are charged if you are not a Metal user. I was rather referring to the fact that if I buy and resell a stock (also vice versa) instantaneously, a small percentage is lost (say 0.1%). I know this is not a commission per se, but I suspect there is some remuneration going to Revolut and agents anyway. I inquired about this, since, for example, if you design an automated algorithm (say, with Python) that trades depending on certain selling and buying cues, it is very important to know what that percentage is in order to select a proper time interval for the difference between two transactions (i.e. it is not advisable to trade every minute if you know that after every sell or buy you are losing a percentage of the value of your stock. I understand that such percentage is small, but if you want to design a refined algorithm, it needs to be taken into account).
@@SmartMoneywithKai Regarding custody fees, it seems I was indeed wrong. I had read that the custody fees were, quote "currently 0.12%/12 bps (on an annual basis) of the market value of your assets held by the Third Party Broker in your account with it, which are *charged monthly*". The fact that it was written they were charged monthly confused me. But now I understand it must be 0.12% annually charged monthly, i.e. the monthly interest can be obtained by using discrete compounding with twelve months. By using the formula (1-r)^12 = (1-0.0012), r is close to 0.01% monthly.
@@edmonddantes4705 @Edmond Dantès Hi Edmond, that seems like some next level trading you have planned there, awesome👏. In this case, definitely Revolut is not the best option for you, plus I doubt they have an API you can connect the algo with, I would probably opt for Interactive Brokers in this case. Happy investing🚀
Hello, I tried invested 10$ (my first investment) at amc and it says "when market opens" and "your order will be executed at the best available price when the market opens again" for about a day now and I can cancel my order... What should I do because I really want to invest this 10$ at amc but I can't wait forever
Hi mate, I do not recommend using Revolut for stock trading anymore, not the best option. Try out Trading 212 or Lightyear, much better, easier and cheaper. You can use my links to get free shares. Cheers
hello i just start like you said with some small amount of investing i wanna ask please when its good to buy its my question how do i know when its it right time for example to buy gold or invest something diffrent i am talking about long term invesment thank you !!
Hi and thanks a lot. It's always a good time to buy, if you buy a good asset it will go up over time, there will be dips along the way, but if you try to perfectly time it, you will miss out on a lot of great buying opportunities so just start buying every week/month and you will be well on your way to start growing your wealth 👌
Hi and my pleasure. Ideally you keep on adding money to your investments either weekly or monthly and let it grow over time and you will start seeing the benefit of compound growth 👌
Great video! My question is: on a Monday once the market is open how do I know I’m making money? Will day show on my account? What is the next step once you trade on the weekend and the market is open what happens next? Thanks
Thanks a lot. It will buy the stocks at market value so as soon as the markets open whatever the price will be it will be bought if you selected market order, otherwise you could select normal order and set your own price then it will only be bought once the stock hits your desired price point 👌
I would like you to dumb it down for me. There's a risk i might lose everything i have invested. But can I owe that company more than that? Let's say i only have 10 € on revolut. I invest them all but i also lose them. Is there any risk i will have to "pay" any extra money? Also, how small can the fractions of share be? I guess it will not allow me to invest 1€ from a 1000€ share.
Hi there and thanks for the question, great point. To answer your first question, if you invest €10, and the stock drops by 50% it goes down to €5. It would have to completely disappear for you to lose all your money, which would be highly unlikely. Moreover, you will not be liable or have to pay any money to anyone, the very worst and most unlikely scenario is that the money you had invested disappears, but then again, the same can be said about any bank, that could also go to zero. To your second point, not all stocks allow fractional ownership, but most do and yes on Revolut you can invest from €1, which is amazing, but quite frankly, I would suggest slightly bigger amounts as 100% increase on €1 is €2, still not enough for a Starbucks coffee:) Happy investing, Kai
hello, thank you for your video. I have a question. I see that the transaction fee is 0$ at revolut. What other costs does Revolut charge? what should I do attention to? are there annual fees, monthly fees? commission costs? I hope you answer my question 🙏🏼
Hi there, this video is very old and I do not recommend using Revolut anymore. I would recommend you Lightyear instead, you can check out my review on it here th-cam.com/video/Hk2AHJal0yw/w-d-xo.html
Hi, I can’t still understand what is the difference between Stock Markets and the crypto. I wanna invest stocks as a brokerage account on Revolut but I am still not sure which one I have to use. Could you please tell me about this a little bit? Thank you in advance 🥰🙏
Great question! Let's break it down simply. Stock markets and cryptocurrencies are both forms of investment, but they differ in some key ways: Stock Markets: When you invest in stocks, you're buying shares of a company, meaning you own a small part of that company. The value of your investment depends on how well the company performs over time. Stocks are generally seen as more stable, especially when investing in well-established companies. Stock markets are heavily regulated, and the companies must disclose financial information regularly. Cryptocurrencies: Crypto, like Bitcoin or Ethereum, are digital assets powered by blockchain technology. They are decentralized, meaning no government or entity controls them. Crypto is generally more volatile than stocks because its value can swing drastically in a short time. There’s also less regulation in the crypto space, so it’s riskier but has the potential for higher returns in the short term. As for Revolut, it offers both stock trading and crypto. If you're just starting and prefer a more stable investment, stocks might be a better choice. If you're interested in the tech side and are okay with high risk, you might explore crypto. You can always do both and diversify! Hope this clears things up. Cheers
@@SmartMoneywithKai wow that was so nice to see the answer/solution that i was looking for more clearly like this and having the critical points. In this case the crypto curreny is not predictable for me so it would be better for the brokeage account. Thank you very much sir! U are an amazing! Have a lovely day :)
Hi mate and yes, that's correct. Well, they would pay you monthly in case the Dividend stock pays out monthly, most commonly it's quarterly though, but yes, it's amazing.
Hi, do you have the very basic video for new people that want to try trading? Like from the pov of little money like just investing 5-10 $, because not all people have a lot of money but they want to try it out. Thanks! Watching from Spain.
Hola my friend, great to hear from you and a great point indeed👌To be honest, all the videos are made regardless of the amount you have to invest. You can buy any of those stocks, indexes or Crypto's with $5 or $5 million, it's up to you and your wallet:) I did the same in the beginning also with smaller amounts. But still, I hear you and will definitely keep this in mind for future videos. Muchas gracias from Lithuania😉
Hi and well that depends on you. If you plan to buy and hold for the long-term to see your wealth grow over-time or you want quick profits to move in and out, but that's harder to successfully do as you are trying to time the market, I recommend to spend more time in the markets, staying invested 👌
Hello, Thanks for information. I yesterday first time did it. I want to ask about taxation system and if we don't stop stocks prices will go to minus and could take money from us. Or we play above what we invest?
Hi Ehil, glad you've enjoyed it. Indeed, you will only pay taxes on your stock gains, meaning the positive difference between the amount you bought it for minus the amount you sold it for. That difference is what you will be taxed on. If you sell with a loss, you will not pay any taxes on that👍
Hi there and thanks a lot for your question, which is actually really good, because there is no right time...there is a wrong time though:) Essentially you want to of course sell the stock for more than you initially bought it for, not when it is less as many people do. They get panic when it drops more and then sell, but that's the worst scenario to be in. The other question is then, how much profit is enough. I am a long-term investor. If I believe in Tesla or Google for the next 5-10 years, I would not sell tomorrow with a 5% profit, but instead wait few more years and then sell at 100-500% profit, but it's really up to you and whether you may need the money in the short-term to buy a house or something then it makes sense to sell early, take the profit and reinvest. In terms of cashing out, super simple, in Revolut you just click you stock you want to sell, select how much you want to sell or all, and within a few minutes the money will be back in your investment account and you can then use it like you normally would, so yes, very seamless and easy experience. Hope that helps. Happy investing, Kai.
@@SmartMoneywithKai thank u so much for all the answers. i really appreciate! also do u only recommend investing 1k tho? is it ok to invest like 20 dollars or i’ll not profit anything. sorry for asking more questions
@@cashcartii8259 You are absolutley welcome. To your question with regards to how much to invest, the amount really doesn't matter. Of course the more you put the higher your return, but what is most important is that you get started and start and get into the habit of it. Better 20 dollars every month and really look at it and understand how it works, than 1000 dollars once and then never bother with it. It's like going to the gym. We all want to bench press 150 kg, but you've got to start small to get there, overtime you will and so will your money grow over time due to the power of compounding interest. Good luck and let me know how it goes along your jounrey and feel free to ask anytime in the future.
@@SmartMoneywithKai hi sorry for being sooo annoying it’s cus i don’t have anyone else to talk about this. ok so i bought AMC and apple stocks and they are just growing cents as profit.. i feel like it’s better to invest 1k but unfortunately i don’t have that amount. what stocks do u recommend buying? thanks and sorry again for bothering
@@cashcartii8259 No worries at all. Yes you are right unless you put bigger amounts the returns will be small but don’t forget. This is investing and building up and growing your earned money over time and it does take time. Yes. AMC or GME had huge returns but have also again dropped down massively and I know a lot who lost a lot from it. So I really recommend do it regularly every month as much as you can afford. Keep learning and growing and trust me over time it will grow but overnight 10x growth just is not realistic nor sustainable. I am reluctant recommending stocks as nobody has the crystal ball so I will just share what I own. I do have Tesla, Palantir, AirBNB and Shopify but will add few more dividend stocks like Starbucks & Pfizer soon. Hope that helps.
Hi and depends on the plan you are on. The paid plans have a few free options where you get a number of free trades though I no longer recommend Revolut for investing, much better options out there 👌
My pleasure. Check out Trading 212 smartmoneywithkai.com/trading212 II use them myself, great broker and zero commission. Also Lightyear smartmoneywithkai.com/lightyear very user-friendly and no commission on ETF's 👌
Hey Kai, I have watched your revolut video, thinking to sign up, one question have you withdraw money from revolut after selling shares and how quick is it the process, thank you
Hi Jaba, nice to hear that, good choice👍 I remember it was fairly fast, I think I had the money back in my account after the sell has settled next day, so it's not immediately like some other brokers, but next day and from there you can transfer it to anywhere you want, or spend it😉
I noticed some stock prices in revolut are much more different than what it actually is.. I'll give you an example, a stock that's priced at around 400$ , on revolut is 75$... something isn't right here
Hi there, can you give the concrete example please which stock you are referring to? Sometimes it just means that they are bought on another stock exchange than you might see online. If you buy the same company in the US on NYSE or in London on LSE, both can be denominated in dollars but be differently priced due to volume, etc. that's normal actually.
That's actually correct, because in Europe & UK we can't by the actual US based Vanguard S&P500 ETF, we need to buy UCITS ETF version of that which is similar but slightly different so most likely you would buy the VUSA ETF on Revolut which currently trades around $75 and follows the Vanguard S&P500 ETF so it's all correct and would be the same for any broker if you are EU based. Hope this helps.
Hi Boro and thanks for subscribing. I know, can be annoying sometimes if certain apps don't cover all countries, but I do hope Revolut will cover more and hopefully North Macedonia too one day. In the meantime found this article www.howitravel.co/n26-north-macedonia/. N26 is also a great app similar to Revolut and they cover your country. Also Interactive Brokers www.interactivebrokers.com/en/index.php?f=7021 Hope that helps. Happy investing.
Hi Dede, have you transfer the fund from your regular Revolut account to your investment account, it's basically an in-app transfer, free of charge. Once you have the money in your investment account, you should be able to invest it.
Very strange, not sure which part of the world you live in, maybe certain countries are not eligible. Would suggest writing to support, which is normally quite responsive and they will be better able to answer you and your specific case. Hope it'll work out.
Hallo, what I do not understand is what to do next. Do I constantly have to check the market and sell when it's higher? Can't the app do it automatically when I give a limit in which I want it to sell eventually? thank you
Hi, you can set up a sell order, so that when the price hits a specific price, either low or high, the app can automatically sell it for you, it really depends on your trading preference, but yes, it can be set up though personally I would not recommend Revolut anymore for buying stocks, there are better apps out there.
@@SmartMoneywithKai I never gained anything with Revolut. I've invested a little,just to try it but so far it was just a losing game. I know there are apps that do everything for you, you just need to put money and they use Ai I guess to sell and buy to make you gaining money but I have no idea what apps are they
What platform do millionaires and billionaire's use to buy, sell and hodl crypto 🤔 I'm sure they'll have a private and safe method to do their processing
Hi there and thanks for your comment. Really depends. Some of those ultra rich are quite open with that, even people like Meet Kevin a fellow TH-camr who has over USD 40 million in stocks and crypto, so not a billionaire, but doing rather well and he is using Coinbase Pro & Robinhood for his Crypto and WeBull, RobinHood & JP Morgan for his stocks & ETF''s and he doesn't use private keys/cold storage. Others do. And again others are so rich they have their own wealth advisory team. Others use Interactive Brokers. So there really isn't one answer and like always, depends on investors profile and risk appetite. But I think any of those are great platforms for us 'normal' people to get started on our way to build up our own fortune😉🚀
@@SmartMoneywithKai thanks for the reply back. Still going to try and find the answer. I think you've got to be careful on how you mix accounts and protect yourself from leaving tracks for hackers to follow. I've heard a few people getting hacked etc for millions 😳
@@onlyagreeingsometimes 100% agreed, safety and security should be first priority when selecting your broker/exchange and never share your private crypto wallet key or email address used, that makes things easier for hackers and I agree to have a number of brokers/exchanges in case one gets hacked you always have others and don't lose all.
Hi Matjus, firstly I would not recommend buying stocks on Revolut anymore after they've changed their legal structure and thus putting your funds at risk. Secondly, I've done a few videos on different dividend stocks I like plus show you my portfolio of dividend stocks. You can find it in my Dividend Playlist. Cheers.
@@SmartMoneywithKai many thanks for your help , i search now for more info and that its true is time to remove stocks from revolut before its too late , thanks for you that i watch your video
@@harrywotter7120 Hi. It’s not invalid but given I made it over 2 years ago since then I found better options at least in my opinion to use for buying stocks but still plenty of people enjoy using Revolut for that👌 Cheers
Hi there, just add money to your Revolut account and then head over to your investment account, click add money and then you will be able to do an internal transfer from your regular Revolut account to your Revolut investment account. Cheers
Hi and thanks for your question and yes, absolutely you can like everyone else living in Europe/UK. The only thing different will be with regards to your taxation as you will need to still pay taxes in the US as per IRS regulations, which I am not an expert on so suggest you to have a quick google how to declare it. In the app as I remember during registration it asks you if you are US citizen and I suppose they will then make you sign additional forms, rest is the same. Happy investing 🚀
@@SmartMoneywithKai thanks for the response, I thought I can ask you because revolut didn't help much. When I choose the option that I'm a us person sadly they didn't allow me to continue.
@@samyehya Hi Sam, this is really strange as even on their website they mention UK & US citizen are part of the countires which they support. www.revolut.com/en-BE/help/profile-plan/verifying-identity/what-countries-are-supported Maybe you can share that link with them and ask them why they wouldn't allow you to open an account. Fingers crossed🤞
hi thanks for this video it save me some time , what plateform/broker would you recommend for daytrading for european newbies in trading ? @@SmartMoneywithKai
Hey, it says here on my revolut that RTL isn't autorized to do business in my country therefore dosent support my country, because of brexit which means it gets no EU-protection or compensation for investors using RTL for trades.. is it worth using then?
Hi Kasper, indeed, following Brexit they had to make changes in line with MIFID 2 so for the time being it probably would be better to look for alternatives. I would suggest Interactive Brokers for that💯 Also bigger selection of stocks and ETF's, which Revolut does not offer.
@@SmartMoneywithKai will do that then, thanks for the response! Do you have any recommendations for good international brokerages with low commission fees? (Mainly to buy stocks on nasdaq)
@@kasperknutsen2298 Hi Kasper, definitly, I would 100% Interactive Brokers, I use them myself and it's one of the most trusted, long-serving and trusted Brokers out there and perfect for Europeans. You will find pretty much anything you want to buy there, really great and very competitive fees. Done a few videos on that if you want to have a look. Cheers.
@@alwayslearning7672 Absolutely. I recommend and use Interactive Brokers for that and buy the VUSA ETF which tracks the S&P500 and perfect for European’s💯
Is it true that my securities (stocks) are covered up to 500k in Revolut trading account ? If something happens to Revolut, how do I get my stocks back ? Thank you in advance.
Hi Gordon, first time I hear 500K not sure which country you refer to but most places in EU & UK and I assume US as well have a limit of 100K fund protection, you can read more about it here www.revolut.com/en-DE/legal/deposit-insurance-information/ That's why if your portfolio is larger than 100K it makes sense to open a second broker to be safe and get additional 100K protection from them. Cheers
@@SmartMoneywithKai Thank you. One more question if you can answer. I am EU resident, besides Revolut and Trading212, which brokerage do you reccomend, or at least is avaiable to use in EU ?
@@GordanZ My pleasure. Definitly check out Lightyear which is an amazing commission free app for UK & EU investors and personally I use Interactive Brokers, which may not be the prettiest platform, but definitly the most trustworthy, professional and suitable for building a long-term investment portfolio💯Got a few videos on them so you can check them out. Cheers
@@SmartMoneywithKai Hello again ! 😁 I got one more precise question; I am EU resident and I am currently using Revolut platform for trading. Considering that I am aproaching 22k € limit on which Revolut insurance is set, therefore searching for another brokarage account to open on which limit is not that "low" . You had suggest me to look for Lightyear and Interactive brokers but, as I see, they are both similar limited insurance around 20k €. Is there some platform, for EU residents, that insure trading account for more then mentioned so I don't have to open over and over again new account. I will apricciate your response. Thank you
Strange, might be that the market are closed or some issues with your account as normally it's quite straightforward. Maybe worthwhile to write to the support team.
Hi Andreea, good question and yes, once you sell your stocks, it goes back to your investment account on Revolut and from there you can simply send it back to your main Revolut account and from there you can either spend it or send it to any other bank account like you normally would, not just the one you send money from, but any, which is great.
Hi Dave, good question, sadly at the moment not, but they did say that they are planning to add it in the near future, fingers crossed. Interactive Brokers though does offer that opportunity apparently but haven't tried it yet myself.
Hi and thanks for your comment. Interesting as normally that should be there by default as long as you live in Europe or UK. Maybe check if you can update to the latest app version and then in settings go to The Hub and there under Wealth should show up Crypto, Vaults, Commodities & Stocks. If not, then try writing to Revolut support via the app, usually they are quite good in customer service. Hope that helps.
@@quickpickle That’s a pity, understand why this app might not be suitable then for you sadly. I recommend Interactive Brokers, which is the app of choice for me too to buy my stocks & ETFs.
Hi Abuzaid, very strange, normally that's available to all on Revolut. Try going to your HUB, those four icons at the bottom right, that takes you to all settings and features. There you should see a section called Wealth and under that should be Crypto, Stocks, etc. If you still can't find it, just write to support. Cheers.
Great video.I invest few money to stocks (usually fractional),so if the market downswing dramatical,is easy for me to rebuy ecc and refix average price.30% taxis non american citizens is not benefict..but ok
@@SmartMoneywithKai Here Greek bank keeps a commission of 10 euros for stock purchases on the Greek stock exchange, for all transactions and purchases made during the day, while if e.g. buy shares of five companies, he will keep fifty euros and after three days he will return the 40...!! 10 euros commission is a deterrent for a small investor to invest in shares and profit from the rise, the profits are eaten by the commission.. This greek bank, it also does not allow the purchase of a fraction of shares. On the contrary,Revolut keeps a small commission and helps the small investor to slowly build a small portfolio 😉
Hi there, very strange, unless you are in a country maybe that's not supported. Either way, suggest writing to their support, maybe a technical issue as normally you should be able to.
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I started investing this month and now all I see is red but I`m hopefully that this will change in the future.
@@danielcomirzan Hi Daniel, I feel you been very much a red day:) It’s actually healthy for the market to have a slight rebalance from time to time in order to continue to grow. That’s why I always suggest long-term investing over short-term speculation. People forget that you don’t actually lose money if you don’t sell. If you can, keep holding on and things will look bright and shiny in the long-term, but I can see you are on the right path.
Yes I know it's healthy and I shouldn't worry about that much but you want to see some blue in case of revolut from time to time 😁. What stocks do you suggest to invest in? I have PLTR, NIO, Pins,Uipath, TAK and CSIQ.
Great picks👌I’m also on PLTR. Has been a bumpy ride but again long term they will bounce back strong. I also have SHOP, TSLA, BLK & ABNB.
@@danielcomirzan how is it going now? I just started
Revolut is the bank of the future, waiting for them to go public and i will buy the stock.
100% agreed with you. It’s for sure the future and I will do the same, as soon as they go public will definitely buy a number of their shares👌
Great video , what really impressed me though was your interaction and quality answers to all questions in the comments, very time consuming, ,fair play to you 💯
Thanks
Hi Chad, that means a lot and thank you for mentioning that. I really enjoy those interactions with viewers of my videos and often some of those questions really made me research more about a topic to find an answer so it works both ways and I enjoy it. Thanks a lot and have an awesome weekend ahead☀️
Wow, super simple explained. Love that it's possible to trade globally and free of fees. Do you use other trading apps? and do what platforms do you use to analyze which stocks you want to buy? Thank you I truly appreciat eit. Kindest Christina
Hi Christina 👋,
Glad you found it helpful! I primarily use Interactive Brokers & Trading 212 for trading due to their low fees and global access.
For analysis, I rely on Seeking Alpha but even the two apps above have great information and insights for you to use to make a decision.
Hope that helps.
Cheers,
Kai
@smartMneywithkai i stumbled on this video you made 3yrs ago and it's still very useful and educative. After watching this video and other videos you made, i was full of confidence, i downloaded REVOLUT app and after all the registration i bought a TESLA stock which i am still holding till now. 😊
Oh wow, so cool that people still watch it and best of all that it was useful and you actually took action, well done 👏👏👏
Hi Kai, very helpful video thanks. Can you tell me what happens with dividends? Are they reinvested or paid into your revolut account?
Hi, if you chose an accumulating ETF, the ETF provider will automatically reinvest those on your behalf, otherwise, all dividends will land in your Revolut account. Though the video is very old, I do not recommend to use Revolut for investing anymore. You can check out this video with my latest recommendations. th-cam.com/video/c9Z-2RgZEq0/w-d-xo.html Cheers
Amazing Vid!! After searching for lots of videos I find yours very simple and useful. I'm starting today I will create my trading account thanks to you :) One question here if you don't mind. Do I have to invest monthly? I mean if I just forgot or for any other reason.
Hi there and thanks a lot for your comment, kind words and subscription, much appreciated🙏Well done for starting your investing journey and Revolut is a great platform for that. And to your question. No, you don’t need to invest monthly. It’s really up to you at which frequency and which amount you want to invest though I would recommend you to do it monthly in smaller amounts rather than a one off big sum, as you will benefit from dollar-cost averaging in the long-term. Happy investing😉
@@SmartMoneywithKai Thank you so much for your answer and appreciate your time :) I see you are already have gone deep in this market, any recommended stock I can start to buy some shares? I know there is no like a standard answer for this question but from your experience as a long term investing.
@@mizopol For beginners I always recommend either to start investing in ETF's, which sadly on Revolut you currently can't. If you feel bit more adventurous, a fairly safe bet in the long term will be big US Tech stocks, Alphabet (Google), Apple, Mircosoft & Amazon. Highly unlikely that they will dissapear overnight and it's a great start for you to 'get your feet wet'. You can always add more high risk stocks later on once you feel comfortable.
@@SmartMoneywithKai Thank you so much Sir for all the advices :) I will keep you posted after a month + how things are doing and I definitely will recommend your channel! Have a wonderful evening.
@@mizopol Truly appreciated🙏And yes, please do, would be excited to hear how it goes and let me know any questions you may have along the way. Much success🚀
Your videos are easy to understand, keep up the good work 🎉
Thanks a million, truly appreciated 🙏
You're doing a great job, i hope to join your SMART MONEY CLUB soon
Oh, that's amazing of you to say, much appreciated and would be wonderful to have you in there 💯👋
so easy guy
I mean the explanation is really easy and understandable
Thank so much
Appreciate
Hi Yan, that's awesome to hear, thanks a lot 🙏 Cheers
🎉Well done, beautiful guy on the internet 😊
Thanks a lot😉
I just applied via Revolut to trade. I came to find out what the minimum investment was, which you answered. And I learnt a lot from all the other information.
Thank you.
Awesome to hear that, many thanks🙏
Hi beginner here. Thanks for the video it was of great help. You can just withdraw back your money at anytime? How do you do that?
Hi there and most welcome. Yes, you can just sell the stock you have and then it can take up to a day and you will have it back in your investment account and from there you can transfer to your usual Revolut account pretty much instantly and use the money how you wish. Cheers
Hey Kai, can you explain how do we put stop and limit order in revolut and when to use them. Also, it it better to get a metal account if I'm planning to invest $250 every month?
Hi Ravi, thanks for your comment. In the app when you go to click buy on the stock you want, at the top right it says market, if you click on it you can change to stop and limit order which basically means to buy the stock only at a certain price you will then define. Personally I always chose market order as I buy regular and aim for long-term buy and hold. I would not suggest Metal unless you plan to do more than 5 trades a month which would be less than 50 per trade if you plan to invest 250. I have Premium and offer all I need at lower monthly costs. Hope that helps.
Subbed so fast when I saw you answer all comments 🙌
Aww. That’s so nice of you, truly appreciated, means a lot🙏Welcome to the channel and happy investing 😉🚀
@@SmartMoneywithKai Thank you! Very glad I'm here, been reading up on investing and the approach I started adopting matches up with yours so its very reassuring for me 🥳
@@neoibnid303 Amazing to hear that and well done. As they always say, the best day to start was yesterday, the second best today so I am sure you will have a fun and worthwhile investing journey ahead, it’s awesome 💯
7:10 You're totally right. Super video.
Thanks so much, truly appreciated 🙏
they are now in the USA now and i like the app a lot better than the cashapp
Hi Willem, that's amazing to hear. Never tried cashapp as we don't have it in Europe, but good to hear your feedback. Happy investing🚀
Hello. Thanks for your video. I have a couple of questions. You claim Revolut is really commission free in the sense that you buy and sell EXACTLY for the same price? I think there should be some commission to account for the random price fluctutations, so in principle I cannot believe that. Also, what about custody fees? Don't you have an interest of 0.0012 a month (i.e. 0.12 %) which amounts to losing at a rate (1-0.0012)^12 \equiv 1.44% a year if your number of shares remains fixed? I hope I am calculating something wrong, because that looks to me like daylight robbery. Also, you seem to lose a small percentage when converting currency (i.e. if I convert from euros to pounds and back in an instant, I lose 0.1%). Thanks a lot!
Hi Edmond, many thanks for your kind words and elaborate comment and question. Regarding commissions, this is the answer from Revolut:
Monthly allowance of one free trade for Standard plans , three free trades for Plus plans and five free trades for Premium plans while Metal users enjoy limitless commission-free trades.
I believe what you refer to is the spread that is the difference between the bid and ask price for a stock. That is common though, any broker will have a deviation there, that's how they make money, for some it's bigger, some smaller, but overall I feel this is fair.
As per the custody fee, here is the official statement from Revolut:
Currently 0.12% / 12 bps (on an annual basis) of the market value of your assets held by the Third Party Broker in your account with it, which are charged monthly.
So it's 0.12% per year, which is really reasonable, but of course, other brokers charge nothing at all, that was yet another reason why I personally changed to Interactive Brokers.
Currency conversion has always a certain exchange risk, but their rates are really very competitive and much better than other banks, but don't exchange on weekends, much better rates during weekdays. Hope this helps. Happy investing🚀
@@SmartMoneywithKai Thanks for your useful answer! I was *not* referring to the spread or the commissions that are charged if you are not a Metal user. I was rather referring to the fact that if I buy and resell a stock (also vice versa) instantaneously, a small percentage is lost (say 0.1%). I know this is not a commission per se, but I suspect there is some remuneration going to Revolut and agents anyway. I inquired about this, since, for example, if you design an automated algorithm (say, with Python) that trades depending on certain selling and buying cues, it is very important to know what that percentage is in order to select a proper time interval for the difference between two transactions (i.e. it is not advisable to trade every minute if you know that after every sell or buy you are losing a percentage of the value of your stock. I understand that such percentage is small, but if you want to design a refined algorithm, it needs to be taken into account).
@@SmartMoneywithKai Regarding custody fees, it seems I was indeed wrong. I had read that the custody fees were, quote "currently 0.12%/12 bps (on an annual basis) of the market value of your assets held by the Third Party Broker in your account with it, which are *charged monthly*". The fact that it was written they were charged monthly confused me. But now I understand it must be 0.12% annually charged monthly, i.e. the monthly interest can be obtained by using discrete compounding with twelve months. By using the formula (1-r)^12 = (1-0.0012), r is close to 0.01% monthly.
@@edmonddantes4705 @Edmond Dantès Hi Edmond, that seems like some next level trading you have planned there, awesome👏. In this case, definitely Revolut is not the best option for you, plus I doubt they have an API you can connect the algo with, I would probably opt for Interactive Brokers in this case. Happy investing🚀
@@edmonddantes4705 @Edmond Dantès Yes Sir, you are spot on and this number is definitly much more acceptable for an almost free broker👍
Hello, I tried invested 10$ (my first investment) at amc and it says "when market opens" and "your order will be executed at the best available price when the market opens again" for about a day now and I can cancel my order... What should I do because I really want to invest this 10$ at amc but I can't wait forever
Hi mate, I do not recommend using Revolut for stock trading anymore, not the best option. Try out Trading 212 or Lightyear, much better, easier and cheaper. You can use my links to get free shares. Cheers
hello i just start like you said with some small amount of investing i wanna ask please when its good to buy its my question how do i know when its it right time for example to buy gold or invest something diffrent i am talking about long term invesment thank you !!
Hi and thanks a lot. It's always a good time to buy, if you buy a good asset it will go up over time, there will be dips along the way, but if you try to perfectly time it, you will miss out on a lot of great buying opportunities so just start buying every week/month and you will be well on your way to start growing your wealth 👌
@@SmartMoneywithKai thank you a lot i already start something small more or less evry month so i will carry on the same have a good day !!
Hi there . Revolut it's ok also good for Spain
Hi Leah, absolutely it is. I also travel to Spain a lot and use it there. Works perfectly👌Thanks for sharing.
Thank you for the video.so say you start with 20 $ do you put it on everday or just once sorry im new to this 😅
Hi and my pleasure. Ideally you keep on adding money to your investments either weekly or monthly and let it grow over time and you will start seeing the benefit of compound growth 👌
My only question
Can you be rich if your just a kid?
With Revolut…..
That’s my only question please answer if you can
My revolut is the kids type
Can you be rich?:))) Interesting question, but sure, you can, there is no limitation of how much you can have on your account 😉 Good luck
Great video! My question is: on a Monday once the market is open how do I know I’m making money? Will day show on my account? What is the next step once you trade on the weekend and the market is open what happens next? Thanks
Thanks a lot. It will buy the stocks at market value so as soon as the markets open whatever the price will be it will be bought if you selected market order, otherwise you could select normal order and set your own price then it will only be bought once the stock hits your desired price point 👌
What does it mean by the pink and blue arrows?
Blue means price of the stock went up, Pink means it dropped.
I have a revolut acount and didn't even know they did stock buying
Awesome to hear and happy investing😉💰
Do you prefer Revolut or Interactive Brokers?
As my daily banking app for sure Revolut, for investing 100% Interactive Brokers👌
I would like you to dumb it down for me. There's a risk i might lose everything i have invested. But can I owe that company more than that?
Let's say i only have 10 € on revolut. I invest them all but i also lose them. Is there any risk i will have to "pay" any extra money?
Also, how small can the fractions of share be? I guess it will not allow me to invest 1€ from a 1000€ share.
Hi there and thanks for the question, great point.
To answer your first question, if you invest €10, and the stock drops by 50% it goes down to €5. It would have to completely disappear for you to lose all your money, which would be highly unlikely. Moreover, you will not be liable or have to pay any money to anyone, the very worst and most unlikely scenario is that the money you had invested disappears, but then again, the same can be said about any bank, that could also go to zero.
To your second point, not all stocks allow fractional ownership, but most do and yes on Revolut you can invest from €1, which is amazing, but quite frankly, I would suggest slightly bigger amounts as 100% increase on €1 is €2, still not enough for a Starbucks coffee:)
Happy investing,
Kai
hello, thank you for your video. I have a question. I see that the transaction fee is 0$ at revolut. What other costs does Revolut charge? what should I do attention to? are there annual fees, monthly fees? commission costs?
I hope you answer my question 🙏🏼
Hi there, this video is very old and I do not recommend using Revolut anymore. I would recommend you Lightyear instead, you can check out my review on it here th-cam.com/video/Hk2AHJal0yw/w-d-xo.html
Hi, I can’t still understand what is the difference between Stock Markets and the crypto. I wanna invest stocks as a brokerage account on Revolut but I am still not sure which one I have to use. Could you please tell me about this a little bit? Thank you in advance 🥰🙏
Great question! Let's break it down simply.
Stock markets and cryptocurrencies are both forms of investment, but they differ in some key ways:
Stock Markets: When you invest in stocks, you're buying shares of a company, meaning you own a small part of that company. The value of your investment depends on how well the company performs over time. Stocks are generally seen as more stable, especially when investing in well-established companies. Stock markets are heavily regulated, and the companies must disclose financial information regularly.
Cryptocurrencies: Crypto, like Bitcoin or Ethereum, are digital assets powered by blockchain technology. They are decentralized, meaning no government or entity controls them. Crypto is generally more volatile than stocks because its value can swing drastically in a short time. There’s also less regulation in the crypto space, so it’s riskier but has the potential for higher returns in the short term.
As for Revolut, it offers both stock trading and crypto. If you're just starting and prefer a more stable investment, stocks might be a better choice. If you're interested in the tech side and are okay with high risk, you might explore crypto. You can always do both and diversify!
Hope this clears things up. Cheers
@@SmartMoneywithKai wow that was so nice to see the answer/solution that i was looking for more clearly like this and having the critical points. In this case the crypto curreny is not predictable for me so it would be better for the brokeage account. Thank you very much sir! U are an amazing! Have a lovely day :)
@@furkankaya4147 Glad to hear that and my pleasure. Have an awesome day as well 👋
If i buy a stock with dividen, Revolut pay me dividents every month?
Hi mate and yes, that's correct. Well, they would pay you monthly in case the Dividend stock pays out monthly, most commonly it's quarterly though, but yes, it's amazing.
Still have airbnb as a stock or did you sell it before covid ?
Hi and yeah I’ve sold it just before so made a little profit but not too much but I’m sure in the next bull run they’ll bounce back💪
How to withdraw ?
Transfer to your regular Revolut account first after you sold the stock and then you can withdraw as always. Cheers
Hi, do you have the very basic video for new people that want to try trading? Like from the pov of little money like just investing 5-10 $, because not all people have a lot of money but they want to try it out. Thanks! Watching from Spain.
Hola my friend, great to hear from you and a great point indeed👌To be honest, all the videos are made regardless of the amount you have to invest. You can buy any of those stocks, indexes or Crypto's with $5 or $5 million, it's up to you and your wallet:) I did the same in the beginning also with smaller amounts. But still, I hear you and will definitely keep this in mind for future videos. Muchas gracias from Lithuania😉
Can I use it while in Kenya??
Hi and yes, you can 👌
Helli Kai, which laptop would you suggest for trading stocks, crytpo and so on.
Hi mate, well, unless you want to do some wild algorithmic day trading, any computer that allows you to browse the web will work just fine👌
right so what i dont understand is how long do you have to buy stocks and when they get bad do you sell
Hi and well that depends on you. If you plan to buy and hold for the long-term to see your wealth grow over-time or you want quick profits to move in and out, but that's harder to successfully do as you are trying to time the market, I recommend to spend more time in the markets, staying invested 👌
Hello, Thanks for information. I yesterday first time did it. I want to ask about taxation system and if we don't stop stocks prices will go to minus and could take money from us. Or we play above what we invest?
Hi Ehil, glad you've enjoyed it. Indeed, you will only pay taxes on your stock gains, meaning the positive difference between the amount you bought it for minus the amount you sold it for. That difference is what you will be taxed on. If you sell with a loss, you will not pay any taxes on that👍
hi, i’m new to this so when’s the best time to sell? and when do i know i have to sell? how do i cash out the profit. sorry for all these questions
Hi there and thanks a lot for your question, which is actually really good, because there is no right time...there is a wrong time though:)
Essentially you want to of course sell the stock for more than you initially bought it for, not when it is less as many people do. They get panic when it drops more and then sell, but that's the worst scenario to be in.
The other question is then, how much profit is enough. I am a long-term investor. If I believe in Tesla or Google for the next 5-10 years, I would not sell tomorrow with a 5% profit, but instead wait few more years and then sell at 100-500% profit, but it's really up to you and whether you may need the money in the short-term to buy a house or something then it makes sense to sell early, take the profit and reinvest.
In terms of cashing out, super simple, in Revolut you just click you stock you want to sell, select how much you want to sell or all, and within a few minutes the money will be back in your investment account and you can then use it like you normally would, so yes, very seamless and easy experience.
Hope that helps. Happy investing, Kai.
@@SmartMoneywithKai thank u so much for all the answers. i really appreciate! also do u only recommend investing 1k tho? is it ok to invest like 20 dollars or i’ll not profit anything. sorry for asking more questions
@@cashcartii8259 You are absolutley welcome. To your question with regards to how much to invest, the amount really doesn't matter. Of course the more you put the higher your return, but what is most important is that you get started and start and get into the habit of it. Better 20 dollars every month and really look at it and understand how it works, than 1000 dollars once and then never bother with it. It's like going to the gym. We all want to bench press 150 kg, but you've got to start small to get there, overtime you will and so will your money grow over time due to the power of compounding interest. Good luck and let me know how it goes along your jounrey and feel free to ask anytime in the future.
@@SmartMoneywithKai hi sorry for being sooo annoying it’s cus i don’t have anyone else to talk about this. ok so i bought AMC and apple stocks and they are just growing cents as profit.. i feel like it’s better to invest 1k but unfortunately i don’t have that amount. what stocks do u recommend buying? thanks and sorry again for bothering
@@cashcartii8259 No worries at all. Yes you are right unless you put bigger amounts the returns will be small but don’t forget. This is investing and building up and growing your earned money over time and it does take time. Yes. AMC or GME had huge returns but have also again dropped down massively and I know a lot who lost a lot from it. So I really recommend do it regularly every month as much as you can afford. Keep learning and growing and trust me over time it will grow but overnight 10x growth just is not realistic nor sustainable. I am reluctant recommending stocks as nobody has the crystal ball so I will just share what I own. I do have Tesla, Palantir, AirBNB and Shopify but will add few more dividend stocks like Starbucks & Pfizer soon. Hope that helps.
Are you able to withdraw the money you made from stock or crypto?
Hi there and yes, absolutely you can👌
Do I have to pay fees to Revolut each time when I buying ?
Hi and depends on the plan you are on. The paid plans have a few free options where you get a number of free trades though I no longer recommend Revolut for investing, much better options out there 👌
@@SmartMoneywithKai Thank you so much for your reply. Can you suggest any good free options please 🙏
My pleasure. Check out Trading 212 smartmoneywithkai.com/trading212 II use them myself, great broker and zero commission. Also Lightyear smartmoneywithkai.com/lightyear very user-friendly and no commission on ETF's 👌
Thank you for this video!
My pleasure 🙌
Is revolut appopriate for daytrading, putting into consideration fees and commission?
Hi and no, not the best for that, better use Interactive Brokers or Trading 212, which has no commissions 👌 Cheers
Hey Kai, I have watched your revolut video, thinking to sign up, one question have you withdraw money from revolut after selling shares and how quick is it the process, thank you
Hi Jaba, nice to hear that, good choice👍 I remember it was fairly fast, I think I had the money back in my account after the sell has settled next day, so it's not immediately like some other brokers, but next day and from there you can transfer it to anywhere you want, or spend it😉
Amazing thanks for that
Hi Eva, glad you enjoyed it. Many thanks.
I noticed some stock prices in revolut are much more different than what it actually is.. I'll give you an example, a stock that's priced at around 400$ , on revolut is 75$... something isn't right here
Hi there, can you give the concrete example please which stock you are referring to? Sometimes it just means that they are bought on another stock exchange than you might see online. If you buy the same company in the US on NYSE or in London on LSE, both can be denominated in dollars but be differently priced due to volume, etc. that's normal actually.
@@SmartMoneywithKai Vanguard S&P500 ETF, the real price is around 400$ and on revolut it's about 75$, something doesn't add up
That's actually correct, because in Europe & UK we can't by the actual US based Vanguard S&P500 ETF, we need to buy UCITS ETF version of that which is similar but slightly different so most likely you would buy the VUSA ETF on Revolut which currently trades around $75 and follows the Vanguard S&P500 ETF so it's all correct and would be the same for any broker if you are EU based. Hope this helps.
@@SmartMoneywithKai Wow I didn't know that, thanks for the info!
@@SmartMoneywithKai What do you think is the best stock to invest into with Revolut for dividends?
Not support my country...North macedonia...WHY???
Hi Boro and thanks for subscribing. I know, can be annoying sometimes if certain apps don't cover all countries, but I do hope Revolut will cover more and hopefully North Macedonia too one day.
In the meantime found this article www.howitravel.co/n26-north-macedonia/. N26 is also a great app similar to Revolut and they cover your country.
Also Interactive Brokers www.interactivebrokers.com/en/index.php?f=7021
Hope that helps. Happy investing.
If it was North Bulgaria it could work.
Can you buy ETFs too? Like VTI or VUAA? I can not find it in the search.
Hi Dimitris, sadly Revolut does not offer ETF's. For that better go with Interactive Brokers✅
I can see option of etfs on revolut now , can i buy stocks from there now? @SmartMoneywithKai
Why does it say my balance is 0 when i press buy stock even tho i have 500$ funded?
Hi Dede, have you transfer the fund from your regular Revolut account to your investment account, it's basically an in-app transfer, free of charge. Once you have the money in your investment account, you should be able to invest it.
@@SmartMoneywithKai ah okay thank you
Most welcome and anytime💯
i install revolut but cant see the stock button
Very strange, not sure which part of the world you live in, maybe certain countries are not eligible. Would suggest writing to support, which is normally quite responsive and they will be better able to answer you and your specific case. Hope it'll work out.
great content, thanks!
Much appreciated, means a lot🙏
Hi, can you make video of option trading in revolut
Hi mate, good question, sadly Revolut currently doesn't support Option trading, only Stocks & Crypto.
@@SmartMoneywithKai OK thanks
Hallo, what I do not understand is what to do next. Do I constantly have to check the market and sell when it's higher? Can't the app do it automatically when I give a limit in which I want it to sell eventually? thank you
Hi, you can set up a sell order, so that when the price hits a specific price, either low or high, the app can automatically sell it for you, it really depends on your trading preference, but yes, it can be set up though personally I would not recommend Revolut anymore for buying stocks, there are better apps out there.
@@SmartMoneywithKai I never gained anything with Revolut. I've invested a little,just to try it but so far it was just a losing game. I know there are apps that do everything for you, you just need to put money and they use Ai I guess to sell and buy to make you gaining money but I have no idea what apps are they
Can you recommend those app
@@auroradeja-vu8763can you pls recommend those app.!
@@clotildae Hi there, I use Interactive Brokers, Trading 212, Lightyear & Trade Republic and can recommend all those apps👌
What platform do millionaires and billionaire's use to buy, sell and hodl crypto 🤔
I'm sure they'll have a private and safe method to do their processing
Hi there and thanks for your comment. Really depends. Some of those ultra rich are quite open with that, even people like Meet Kevin a fellow TH-camr who has over USD 40 million in stocks and crypto, so not a billionaire, but doing rather well and he is using Coinbase Pro & Robinhood for his Crypto and WeBull, RobinHood & JP Morgan for his stocks & ETF''s and he doesn't use private keys/cold storage. Others do. And again others are so rich they have their own wealth advisory team. Others use Interactive Brokers. So there really isn't one answer and like always, depends on investors profile and risk appetite. But I think any of those are great platforms for us 'normal' people to get started on our way to build up our own fortune😉🚀
@@SmartMoneywithKai thanks for the reply back. Still going to try and find the answer. I think you've got to be careful on how you mix accounts and protect yourself from leaving tracks for hackers to follow. I've heard a few people getting hacked etc for millions 😳
@@onlyagreeingsometimes 100% agreed, safety and security should be first priority when selecting your broker/exchange and never share your private crypto wallet key or email address used, that makes things easier for hackers and I agree to have a number of brokers/exchanges in case one gets hacked you always have others and don't lose all.
wait.. did you say ciao ciao at the end of the video ? 🙌🏻😅
Hi mate, yes, I did, like I do in pretty much most my videos😉
Do they charge with buying and selling stock now?
Yes, I believe they do, as well as a monthly custody fee so in my view there are much better options out there such as Lightyear or Trading 212.
@@SmartMoneywithKai OK thanks
what you recommend best stocks with dividend on Revolut ?
Hi Matjus, firstly I would not recommend buying stocks on Revolut anymore after they've changed their legal structure and thus putting your funds at risk. Secondly, I've done a few videos on different dividend stocks I like plus show you my portfolio of dividend stocks. You can find it in my Dividend Playlist. Cheers.
@@SmartMoneywithKai many thanks for your help , i search now for more info and that its true is time to remove stocks from revolut before its too late , thanks for you that i watch your video
@@matjusss Great to hear that and my pleasure and good choice for moving your funds😉I still love Revolut, just not for stocks. Cheers
@@SmartMoneywithKaiso now you mean this video is basically invalid
@@harrywotter7120 Hi. It’s not invalid but given I made it over 2 years ago since then I found better options at least in my opinion to use for buying stocks but still plenty of people enjoy using Revolut for that👌 Cheers
How do i top up my balance
Hi there, just add money to your Revolut account and then head over to your investment account, click add money and then you will be able to do an internal transfer from your regular Revolut account to your Revolut investment account. Cheers
I'm an American living in the uk, can I invest?
Hi and thanks for your question and yes, absolutely you can like everyone else living in Europe/UK. The only thing different will be with regards to your taxation as you will need to still pay taxes in the US as per IRS regulations, which I am not an expert on so suggest you to have a quick google how to declare it. In the app as I remember during registration it asks you if you are US citizen and I suppose they will then make you sign additional forms, rest is the same. Happy investing 🚀
@@SmartMoneywithKai thanks for the response, I thought I can ask you because revolut didn't help much. When I choose the option that I'm a us person sadly they didn't allow me to continue.
@@samyehya Hi Sam, this is really strange as even on their website they mention UK & US citizen are part of the countires which they support. www.revolut.com/en-BE/help/profile-plan/verifying-identity/what-countries-are-supported Maybe you can share that link with them and ask them why they wouldn't allow you to open an account. Fingers crossed🤞
@@SmartMoneywithKai thank you I'll try that, I appreciate the support 🙏
@@samyehya Anytime 🙏
is the app also useful for Daytrading?
Hi and no, definitely not for daytrading.
hi thanks for this video it save me some time , what plateform/broker would you recommend for daytrading for european newbies in trading ? @@SmartMoneywithKai
What index funds and ETFs are available out there?
Hi there. Not sure as Revolut doesn’t offer ETF’s in my country.
Hey, it says here on my revolut that RTL isn't autorized to do business in my country therefore dosent support my country, because of brexit which means it gets no EU-protection or compensation for investors using RTL for trades.. is it worth using then?
Hi Kasper, indeed, following Brexit they had to make changes in line with MIFID 2 so for the time being it probably would be better to look for alternatives. I would suggest Interactive Brokers for that💯 Also bigger selection of stocks and ETF's, which Revolut does not offer.
@@SmartMoneywithKai will do that then, thanks for the response! Do you have any recommendations for good international brokerages with low commission fees? (Mainly to buy stocks on nasdaq)
@@kasperknutsen2298 Hi Kasper, definitly, I would 100% Interactive Brokers, I use them myself and it's one of the most trusted, long-serving and trusted Brokers out there and perfect for Europeans. You will find pretty much anything you want to buy there, really great and very competitive fees. Done a few videos on that if you want to have a look. Cheers.
How about index stocks like s&p 500?
Hi there, sadly they don't offer ETF investing at this stage. Hopefully soon🤞
@@SmartMoneywithKai Is there an equivalent way for Europeans? Or just tracking ETFs?
@@alwayslearning7672 Absolutely. I recommend and use Interactive Brokers for that and buy the VUSA ETF which tracks the S&P500 and perfect for European’s💯
@@SmartMoneywithKai Thanks...I'll try it.
@@SmartMoneywithKai I also heard of trading 212.
Cool vid, keep it up!
Much appreciated 🙏 Your comment definitely fuels my fire to continue making those videos so thanks a lot indeed.
Is it true that my securities (stocks) are covered up to 500k in Revolut trading account ? If something happens to Revolut, how do I get my stocks back ?
Thank you in advance.
Hi Gordon, first time I hear 500K not sure which country you refer to but most places in EU & UK and I assume US as well have a limit of 100K fund protection, you can read more about it here www.revolut.com/en-DE/legal/deposit-insurance-information/ That's why if your portfolio is larger than 100K it makes sense to open a second broker to be safe and get additional 100K protection from them. Cheers
@@SmartMoneywithKai Thank you.
One more question if you can answer. I am EU resident, besides Revolut and Trading212, which brokerage do you reccomend, or at least is avaiable to use in EU ?
@@GordanZ My pleasure. Definitly check out Lightyear which is an amazing commission free app for UK & EU investors and personally I use Interactive Brokers, which may not be the prettiest platform, but definitly the most trustworthy, professional and suitable for building a long-term investment portfolio💯Got a few videos on them so you can check them out. Cheers
@@SmartMoneywithKai Thanks again. I will check them out 👍
@@SmartMoneywithKai Hello again ! 😁 I got one more precise question; I am EU resident and I am currently using Revolut platform for trading. Considering that I am aproaching 22k € limit on which Revolut insurance is set, therefore searching for another brokarage account to open on which limit is not that "low" .
You had suggest me to look for Lightyear and Interactive brokers but, as I see, they are both similar limited insurance around 20k €.
Is there some platform, for EU residents, that insure trading account for more then mentioned so I don't have to open over and over again new account.
I will apricciate your response. Thank you
Spreads and percentage are too much. I'm with revolut. But I will never again trade crypto or currency with the again. Forget stocks
Agreed, for trading stocks or Crypto Revolut is definitely not recommended. There are much better options out there.
When I try to do it and I have money in the investment account it won't let me put it in
Strange, might be that the market are closed or some issues with your account as normally it's quite straightforward. Maybe worthwhile to write to the support team.
So when I want to cash out, how does it work? I mean the money goes only where I put them from or could I use every other credit card or app?
Hi Andreea, good question and yes, once you sell your stocks, it goes back to your investment account on Revolut and from there you can simply send it back to your main Revolut account and from there you can either spend it or send it to any other bank account like you normally would, not just the one you send money from, but any, which is great.
Please how can I close the deal
Hi, not sure what you mean by that?
Nice job man
Thanks a lot, much appreciated 🙏
How can they earn money
They make quite a bit of money on FX, trading, plan membership fees, etc.👌
Thanks buddy
New sub 💪
Much appreciated mate🙏
Hi, can you buy IPO's with the Resolut app?
Hi Dave, good question, sadly at the moment not, but they did say that they are planning to add it in the near future, fingers crossed. Interactive Brokers though does offer that opportunity apparently but haven't tried it yet myself.
All I have is Accounts, Cards, Crypto, and Vaults as an option. No trade option is available.
Hi and thanks for your comment. Interesting as normally that should be there by default as long as you live in Europe or UK. Maybe check if you can update to the latest app version and then in settings go to The Hub and there under Wealth should show up Crypto, Vaults, Commodities & Stocks. If not, then try writing to Revolut support via the app, usually they are quite good in customer service. Hope that helps.
As far as i Know, due to Brexit investing is not an available option in Europe anymore. At least until further notice.
It wont let me invest as im also a "US person" I have citizenship in the eu also.. rediculous.
Hi there and very strange as they even offer Revolut in the US.
@@SmartMoneywithKai Yeah I was wondering the same. It wont let me move forward with a stock purchase If i select as a secondary citizenship "American"
@@quickpickle That’s a pity, understand why this app might not be suitable then for you sadly. I recommend Interactive Brokers, which is the app of choice for me too to buy my stocks & ETFs.
anyone has problem with revolut dashboard ? (its just not there)
no stocks options also
LT
Hello Paulius, just checked, all works smoothly for me. Both dashboard and hub. Maybe app update other reach out to support. Cheers
@@SmartMoneywithKai option apeared next day, dont know reasons for that :D
first day you can invest in metals and next in shares :D
I'm in Germany and i cant find stocks in the app only crypto why is that ?
Hi Abuzaid, very strange, normally that's available to all on Revolut. Try going to your HUB, those four icons at the bottom right, that takes you to all settings and features. There you should see a section called Wealth and under that should be Crypto, Stocks, etc. If you still can't find it, just write to support. Cheers.
Great video.I invest few money to stocks (usually fractional),so if the market downswing dramatical,is easy for me to rebuy ecc and refix average price.30% taxis non american citizens is not benefict..but ok
Thanks a lot and makes perfect sense, those dips are great buying opportunities for stocks you believe in for the long-term👌
@@SmartMoneywithKai Here Greek bank keeps a commission of 10 euros for stock purchases on the Greek stock exchange, for all transactions and purchases made during the day, while if e.g. buy shares of five companies, he will keep fifty euros and after three days he will return the 40...!!
10 euros commission is a deterrent for a small investor to invest in shares and profit from the rise, the profits are eaten by the commission..
This greek bank, it also does not allow the purchase of a fraction of shares.
On the contrary,Revolut keeps a small commission and helps the small investor to slowly build a small portfolio 😉
@@TheDims33 Wow, that’s really greedy indeed and super high commission. Revolut is definitely much better for that👌
Why can't i bu stocks?
Hi there, very strange, unless you are in a country maybe that's not supported. Either way, suggest writing to their support, maybe a technical issue as normally you should be able to.