Revolut has ceased its commodities trading service for precious metals in nine European Economic Area markets.

This decision impacts a section of Revolut’s customer base within Europe, with the company stating that it does not affect other banking or investment products on the platform. Customers in these affected regions have been given two months to sell their existing holdings, and Revolut has pledged to refund commissions on final transactions.

Product development and strategy

Revolut launched its commodities service in 2020 with gold trading, later expanding the range of metals offered. The withdrawal signals Revolut’s product development approach where new offerings are evaluated based on performance criteria, leading to discontinuation if targets are not met.

According to a company spokesperson, this move was part of a broader review of local services in these markets. Social media screenshots from April 2026 showed customers received in-app notifications before the public announcement.

Impact on wealth business

The commodities service is part of Revolut’s larger wealth segment. In 2025, revenues from this division increased by 31% to USD 876 million. Cryptocurrency offerings previously accounted for a significant portion of the wealth revenue but have seen slower growth in recent times.

Revolut continues to offer trading in U.S. and European equities through its application, having expanded its equities offering to include British blue-chip stocks following receipt of its UK trading license in November 2024. This commodities exit is part of a strategy that focuses on scaling high-performing services while ceasing those with lesser traction.