How to Buy S&P 500 with Revolut

Can You Buy the S&P 500 on Revolut?

Yes, Revolut allows investment in the S&P 500 through popular exchange-traded funds (ETFs) like SPDR’s SPY or Vanguard’s VOO, both of which track the S&P 500 index and provide broad exposure to major U.S. stocks.

However, investors should carefully consider Revolut’s fee structure. Revolut charges a commission of 0.25% per trade (after the monthly free-trade limit) alongside spreads typically around 1.5%. Thus, overall fees can exceed 1.6%, significantly higher compared to other dedicated trading platforms.

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Step-by-Step: How to Buy the S&P 500 with Revolut

Follow these steps to directly invest in the S&P 500 using Revolut:

1. Log In to Revolut: Access your Revolut account via the mobile app.
2. Navigate to Investments: Tap on the 'Stocks' or 'Investments' tab.
3. Search for ETFs: Type "SPY" or "VUAA" into the search bar to find suitable S&P 500 ETFs.
4. Select ETF: Choose the ETF you prefer (e.g., SPDR SPY or Vanguard VUAA).
5. Complete Your Purchase: Enter the amount you wish to invest, review fees, and confirm your trade.

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Alternative: Buying S&P 500 ETFs via eToro (Lower Fees)

To significantly reduce fees and broaden your investment options, consider transferring funds from Revolut to a dedicated investment platform like eToro. Trusted by over 30 million investors across Europe, eToro specializes in stocks and ETFs, offering competitive spreads and zero direct trading fees. Additionally, eToro supports instant deposits in EUR, GBP, USD, and more directly from Revolut, giving you access to over 6,000 tradable assets.

Here's how to use eToro with Revolut:

1. Open an eToro Account: Sign up at eToro and complete their quick verification.
2. Deposit Funds via Revolut: Transfer your desired amount using EUR, GBP, or USD directly from your Revolut account.
3. Invest in ETFs: Once the funds clear, search for S&P 500 ETFs like SPY or VOO, and finalize your investment.

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Revolut's Fees for S&P 500 Investments

Understanding Revolut’s fee structure is essential for managing your investment costs:

Additionally, Revolut applies a spread averaging around 1.5%, increasing the total cost per trade beyond the listed commission.

By contrast, eToro charges no direct trading fees on ETFs and maintains spreads around 1%, making it a significantly cheaper alternative for regular investing.

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Is Revolut Good for S&P 500 Investing?

Revolut offers simplicity and ease for existing users, making it convenient for beginners and casual investors interested in accessing the S&P 500 quickly. Its platform supports fractional investments, allowing purchases from just $1.

However, Revolut’s high fees—especially beyond the free trade allowance—limit its appeal for active or fee-conscious investors. Investors seeking lower costs, better spreads, and broader asset choices may find dedicated trading platforms like eToro more beneficial.

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About Revolut

Revolut, founded in 2015, is widely recognized for its innovative digital banking solutions, amassing over 45 million global users. It offers commission-free trading (limited monthly) for stocks and ETFs and supports fractional shares, real-time price alerts, and seamless dividend management, making investing accessible even for beginners.

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Bottom Line: Should You Use Revolut for S&P 500 Investments?

Revolut provides straightforward access to popular S&P 500 ETFs, ideal for users seeking convenience. However, the relatively high fees may quickly add up for frequent traders.

Investors prioritizing cost-effectiveness, transparency, and access to a broader range of financial instruments should consider alternatives like eToro, which provide competitive spreads and lower fees.

Ultimately, evaluating your trading frequency, fee sensitivity, and investment goals will help determine if Revolut aligns with your investing strategy.