TL;DR:
- Revolut will liquidate all positions in gold, silver, platinum, and palladium in the European Economic Area on June 15, 2026.
- The company will refund sale or forced liquidation fees after the final closure, allowing for prior manual sales.
- The focus shifts to the crypto sector, backed by a MiCA license and the recent launch of its advanced exchange, Revolut X.
The British fintech Revolut will provide its precious metals trading services in the European Union until June 15. This Friday, the firm confirmed the cessation of its service, a decision that ends its customers’ exposure to gold and silver in more than 30 EEA markets.
Revolut’s move is related to a commercial restructuring after reporting record profits of $2.3 billion in 2025. Now, the firm prioritizes high-margin sectors such as digital assets under the European regulatory framework.
Starting June 15, all remaining positions will be automatically liquidated at market price. The company invoked clause 6.5 of its business terms, granting a two-month grace period for users to manage their current portfolios.
It is important to note that this restriction does not affect the UK entity, creating a dual operating structure between its customer bases. European users can no longer open new positions or register for this specific commodities service.
The rise of cryptocurrencies vs. the retreat from metals
The withdrawal from metals contrasts sharply with the company’s expansion into the crypto ecosystem. In October 2025, Revolut obtained its MiCA license through Cyprus, allowing it to operate legally throughout the EU territory.
Thanks to this regulatory passport, the platform deployed Revolut X, an exchange that already offers more than 200 tokens and 400 trading pairs. The integration of commission-free conversions between stablecoins and USD has accelerated mass adoption among its users.
Sector analysts, such as investor Max Karpis, suggest that the low profitability of metals motivated this exit. While metals showed stagnant volumes, crypto asset trading consolidated as the entity’s main revenue driver.
Revolut is shutting down its precious metals trading service for customers in most of the EU, forcing liquidations of all remaining positions after 15 June.
Revolut is shutting down exposure to gold, silver, platinum, and palladium in nearly every major European market. Users… pic.twitter.com/Vd3G79JsNj
— Max Karpis (@maxkarpis) April 24, 2026
On the other hand, precious metals custody infrastructure often involves more rigid operating costs than digital asset management. This likely prompted management to simplify its offering to maximize efficiency in competitive markets such as Spain or France.
As a result, investors seeking exposure to gold will have to migrate to ETFs or specialized brokers. Revolut, for its part, seems determined to become Europe’s financial “super-app”, but with Bitcoin and Ether as the protagonists.
The retreat from commodities marks the end of an era for the fintech, which is now betting everything on the crypto sector. This decision reflects a clear trend in the digital financial sector: prioritizing high-volatility assets and technological demand over traditional safe havens.
