This file is the Revolut Securities Europe UAB Terms and Conditions, version 10.0.3, a detailed legal document that sets out the rules governing Revolut’s investment services for retail users and certain business users. It applies from 2 April 2026 and explains the contractual relationship between Revolut Securities Europe UAB and customers using the investment features within the Revolut app. At a high level, the document defines what services Revolut Securities is authorised to provide, including receiving and transmitting orders, executing trades, safeguarding financial instruments, and offering access to products such as publicly listed shares, bonds, ETFs, and money market funds.

A major focus of the document is clarifying that Revolut provides an execution-only service, not personalised investment advice. This means users are responsible for their own investment decisions, and Revolut generally does not assess whether most non-complex trades are suitable for a customer’s financial situation, objectives, or risk tolerance. The terms also explain the mechanics of trading through the app, including how investment accounts work, how orders are submitted, how market, limit, stop, recurring, and extended-hours orders function, and under what conditions Revolut may refuse, delay, amend, or cancel orders. It also covers the risks of price fluctuations, delayed execution, fractional shares, market disruption events, and manifest pricing errors.

The file also gives substantial attention to client protection and asset custody. It explains that customer cash is treated as client money and kept separate from Revolut’s own funds, while customer instruments are generally held in omnibus accounts through third-party brokers or custody providers. The document outlines the protections available under Lithuanian law, including the Deposit Insurance Scheme for Revolut current accounts and the Liabilities to Investors Insurance Scheme for investment accounts, with protection of up to €22,000 for money and instruments held through the investment service. At the same time, it makes clear that third-party insolvency, pooled holdings, and cross-border custody arrangements may create risks that users should understand.

Another important part of the document is its explanation of fees, liabilities, and operational rules. It describes commissions for stocks, ETFs, bonds, ADR-related charges, regulatory fees, transfer fees, and the relationship between free trades and Revolut subscription plans. It also sets out the customer’s obligations to keep account information accurate, protect login credentials, comply with laws, avoid abusive trading strategies, and cover any losses or costs caused by breaches of the agreement. Revolut reserves broad powers to suspend accounts, close positions, terminate services, amend terms, and report transactions when required by law.

Finally, the file includes a dedicated Flexible Cash Funds Schedule, which describes a product allowing users to invest in money market funds as a short-term cash management option. This section explains how orders, settlements, spare change investing, returns, and reinvestment work for these funds. Overall, the file is a comprehensive legal and operational framework for using Revolut’s investment platform, combining consumer disclosures, trading rules, asset-protection terms, fee information, and product-specific conditions in a single governing document.