Limit to exchange

1

Hi all community,

A revolut operator today informed me that if I continued to trade between the euro and the dollar (logically to make a profit) my account would have been limited !!
Being a metal user I didn’t think, I never read it, of such a limitation.
Can you tell me something about it?

Perhaps it will be included with the new terms and conditions that come into effect on July 27th?

2

Revolut with Metal could be the best Forex App out there so maybe that’s why it’s not allowed?

3

Check the T&Cs. The product is not supposed to be used as a trading platform.

3 Likes
4

Isn’t it more for expats or people working in one country and getting paid in another?

2 Likes
5

I’ve check, but the ban is present only in the new conditions that start from 27 July.

And why there’s an auto-exchange function?

6

19.1. It is not permitted to:
Z use the Revolut Services to trade FX for speculative purposes or for FX arbitrage;

old T&Cs:
https://www.revolut.com/assets/Revolut%20Terms%20and%20Conditions.pdf

7

I don’t think so. I haven’t read every version of the T&Cs since 2015, but it has been there for years. :grimacing:

1 Like
8

he just didn’t do look properly.
There always has been a fair use policy.

9

It was there for auto Fx orders when they launched.

10

I didn’t saw that

19.1 Z

Ok I understood. Just one trade for month … :):grinning:

Thanks all for the clarification

11

Thanks for sharing this information, didn’t knew there were some limits.

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