Revolut will shut down its precious metals trading service across the European Union on June 15, 2026. The move ends customer exposure to gold, silver, platinum and palladium in nearly every EEA market. Meanwhile, its crypto business keeps growing.
The fintech cited Clause 6.5 of its Terms of Business and gave customers two months notice. Positions remaining after June 15 will be liquidated automatically at market rates.
A quiet wind-down for commodities
Affected customers received in-app notifications citing a recent product review.
Holdings can be sold manually in the app until the deadline. Commission fees charged during sales or forced liquidation will be refunded as a one-off payment after June 15.
The shutdown spans more than 30 European Economic Area markets, including Germany, France, Italy, Spain, Ireland and Poland.
Revolut’s UK entity still offers precious metals trading, leaving a two-track structure between its British and European customer bases.
No new sign-ups are allowed, and existing users cannot increase open positions. The service launched years ago. Silver was added to the EEA line-up in 2020, with gold, platinum and palladium following.
Crypto Moves the Other Way
The wind-down stands in sharp contrast to Revolut’s trajectory in digital assets. In October 2025, the company secured a Markets in Crypto-Assets (MiCA) license from the Cyprus Securities and Exchange Commission. The authorization grants passportable access to 30 EEA markets.
Revolut X, its advanced crypto exchange, rolled out to those same markets earlier this year. It offers more than 200 tokens and over 400 trading pairs.
The company also launched fee-free stablecoin-to-USD conversions under the new license.
Revolut reported $6 billion in 2025 revenue and $2.3 billion in pretax profit. Crypto was cited as a primary growth driver.
The Takeaway for Fintech Users
Early Revolut investor Max Karpis framed the shutdown as a commercial rather than regulatory decision. He pointed to low volumes and thin margins as the likely trigger.
That view is supported by the absence of any supervisory action. Revolut invoked a standard contractual termination clause.
“This looks like a commercial decision rather than regulatory pressure,” stated Karpis.
Some users agree with the commercial view, while others argue that metals still have a place in current portfolios.
Karpis also flagged exchange-traded funds as a natural replacement for the lost exposure.
For affected customers, Bitcoin, spot gold ETFs, and dedicated brokerages with allocated metal remain external alternatives.
The episode highlights a recurring fintech trade-off. App-based exposure is convenient, but it can be withdrawn quickly when the economics stop working.
