Revolut will shut down gold, silver, platinum and palladium trading for customers across more than 30 European markets on Jun. 15, 2026.
Revolut Winds Down EU Metals Service
The fintech notified affected users through in-app alerts this week, citing a recent product review and Clause 6.5 of its Terms of Business. Customers can still sell holdings manually until the deadline.
Any remaining positions will be liquidated automatically at market rates after the cutoff. Commission fees charged during the wind-down will be refunded as a one-off payment.
The shutdown covers Germany, France, Italy, Spain, Ireland and Poland, among other European Economic Area markets. Revolut's UK entity still offers metals trading, creating a split between its British and EU customer bases.
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Karpis Flags Commercial Reasons
Early Revolut investor Max Karpis called the decision commercial rather than regulatory, pointing to thin margins and low trading volumes as the likely trigger. He noted that no supervisory action accompanied the move.
Karpis also flagged exchange-traded funds as a natural substitute for the lost exposure.
The wind-down contrasts sharply with Revolut's crypto push. In October 2025, the company secured a MiCA license from Cyprus regulators, unlocking passportable access to 30 EEA markets. Revolut X, its advanced exchange, now supports more than 200 tokens.
Revolut reported $6 billion in 2025 revenue and $2.3 billion in pretax profit, with crypto cited as a primary growth driver. The firm has launched fee-free stablecoin-to-USD conversions and teased a broader "Crypto 2.0" platform featuring 280 tokens and zero-fee staking.
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