Revolut’s flagship feature is its spot interbank rate FX exchange, and the 26 currencies currently supported as part of its currency account offerings.
No other fintech challenger bank/‘neobank’ has a similar offering.
Given how this is such a major feature, odd that no thread has been created on the FX topic, so I’ve decided to take the initiative and start one here.
Revolut’s not a product intended for currency speculation nor trading (There is an upper limit on the number of exchanges that you can do in a single day.), but at the same time, it’d be great to have a discussion on this topic.
A lot of Revolut’s user base use Revolut as a currency/travel card when travelling abroad (in addition to the great number of people using it as their main card.), and a significant portion of users are attracted by the currency account feature. Therefore such a discussion might be of interest to those less acquainted with the FX market.
Happy to entertain any discussion or idea about any currency here.
Please provide, in addition to your analysis (Forecasting upwards/downwards movement, on a short/medium/long-term time scale.), some additional resources (Links, documents, …) that people can refer to.
The below discussion is not advice intended for investment purposes. Please consult a financial advisor instead.