What takes place to existing financial investments?
According to Revba portal specialising in Revolut-related advancements, the choice solely impacts Hungarian clients. The service, which has actually been readily available for many years, enabled users to trade products, consisting of gold, silver and other rare-earth elements, straight through the Revolut app.
Under the brand-new procedures, consumers will no longer have the ability to position buy orders or increase their existing product positions. New users will likewise be avoided from signing up for the service in Hungary. Existing financiers will have time to handle their holdings. Revolut clients who presently own products can offer their financial investments through the app till 4 January 2027.
The fintech business has actually likewise verified that selling costs connected with product deals will be waived throughout this duration, providing clients a chance to liquidate their holdings without sustaining surcharges.
The impacted products consist of gold (XAU), silver (XAG), palladium (XPD) and platinum (XPT). The purchasing choice might still appear in the application, reports suggest that deals are stopping working when users try to finish purchases.
No authorities description for the withdrawal
Revolut has actually not yet supplied a main description for its choice to terminate product trading services in Hungary. The financial investment service was formerly offered to Hungarian consumers by Revolut Ltd, which runs under the guidance of the UK’s monetary regulator.
The statement has actually raised concerns amongst users, especially provided the absence of advance notification and the truth that the procedure seems restricted to Hungary instead of impacting the platform’s worldwide consumer base.
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Another service vanishes from the Hungarian market
The most recent advancement follows Revolut’s previous withdrawal of cryptocurrency services from Hungary in December 2025, which was connected to regulative requirements at the time. Hungary consequently alleviated its cryptocurrency regulative structure, Revolut has actually not resumed its crypto services in the nation.
The business has actually apparently shown that another service will quickly appear on its platform, although more information have yet to be divulged. For Hungarian consumers holding rare-earth elements through Revolut, the instant concern is to examine their existing positions and choose whether to offer them before the 4 January 2027 due date.
Read likewise: Hungary to triple fee-free bank deal limitation, reveals PM Magyar
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