Revolut Announces Fee Changes for Traders, While Trading 212 Reduces GBP Interest Rates Skip to main content

Featured

Sophistication in Heaps of Data: How Meta is Fortifying Global Security

Mark Zuckerberg's Meta, often associated with social media and the metaverse, plays a significant, albeit often overlooked, role in global security. While concerns about misinformation and data privacy are valid and require ongoing attention, Meta's vast reach, technological capabilities, and dedicated teams are increasingly leveraged to combat threats ranging from terrorism to human trafficking. Far from just connecting friends, Meta's platforms, including Facebook, Instagram, and WhatsApp, provide valuable intelligence and opportunities for intervention when used responsibly. Here's how Meta is contributing to a safer world: 1. Disrupting Terrorism and Extremism: Meta actively combats the spread of terrorist propaganda and recruitment efforts on its platforms. Sophisticated algorithms, coupled with human reviewers, identify and remove content that violates their policies against terrorism. They also collaborate with law enforcement agencies worldwide to share in...
Post a Comment
Read more

Revolut Announces Fee Changes for Traders, While Trading 212 Reduces GBP Interest Rates

London, UK – First quarter, 2025 – Revolut, the global financial technology company, has announced upcoming changes to its trading fees, set to benefit users who exceed their current trading tier thresholds. Simultaneously, Trading 212 has revealed a reduction in its GBP interest rates, citing the recent interest rate cut by the Bank of England.



Revolut Fee Restructuring

Effective February 20, 2025, Revolut will introduce a tiered fee discount system. This means that users who execute trades exceeding their current tier threshold will receive a fee discount on the portion of the trade exceeding that threshold.

This new structure rewards their users for larger trades. For example, previously, a £20,000 trade might have incurred a 1.49% fee across the board. Now, the first £10,000 will incur a fee of 1.49%, while the remaining £10,000, qualifying for the next tier, will incur a discounted fee of 1.29%.

Users can find their specific tier thresholds and associated fees on the Revolut fees page within the app.

Furthermore, Revolut is eliminating the minimum trading limit from March 24, 2025, allowing users to execute trades below £1.49. The structure of minimum fees is also being adjusted. Instead of a fixed minimum fee, the new minimum fee will be determined by either a percentage-based fee or a fixed fee, depending on the trade value. This change will apply to buy and sell crypto orders within the main Revolut app.

Revolut assures users that all applicable fees will be clearly displayed within the app before any trades are confirmed. Traders are encouraged to review the detailed fee structure on Revolut's Crypto Fees page for a comprehensive understanding.


Trading 212 Adjusts GBP Interest Rates

In a separate announcement, Trading 212 disclosed a reduction in its GBP interest rates, effective March 1, 2025. This adjustment is attributed to the recent interest rate cut by the Bank of England.

The new variable GBP interest rates across Trading 212 accounts are as follows:

Trading 212 Cash ISA: 4.5%
Trading 212 Stocks ISA: 4.6%
Trading 212 Invest: 4.6%
Trading 212 CFD: 4.6%

This reduction reflects the broader impact of the Bank of England's monetary policy on interest rates available to consumers and investors. Trading 212 users are advised to consider these changes when evaluating their investment strategies.

These announcements from Revolut and Trading 212 highlight the dynamic nature of the financial technology landscape, with companies constantly adapting to market conditions and user needs. Traders are encouraged to stay informed about these changes and understand their potential impact on their portfolios.

Email Post

Comments

Post a Comment