Revolut was founded in 2015 in London and has grown into one of the world's largest fintech platforms, with over 40 million customers globally. For Georgian traders, Revolut offers a tempting all-in-one solution: a multi-currency current account, instant exchange, and simple access to forex, commodities, indices, stocks, and cryptocurrencies — all from a single mobile app. Its appeal in Georgia is largely due to its low entry barrier: there is no minimum deposit, verification can be done with a National ID or passport, and funding is possible through local-friendly methods like bank transfers, Skrill, and USDT. That said, Revolut is not a dedicated forex broker. It is a banking and investment app with CFD and forex trading tacked on, and it shows: maximum leverage is just 1:20, there is no MT4/MT5 or TradingView integration, and no Islamic account availability. For Georgian retail forex traders who are used to 1:100 or 1:500 leverage with MetaTrader, Revolut will feel restrictive. However, for someone who wants to trade small amounts, hold a few stocks, and buy BTC and gold in one place, Revolut's convenience is undeniable. Its overall score of 3.7/5 reflects this dual nature: strong trust and usability, but weak features for advanced forex trading.
| Detail | Information |
|---|---|
| Founded | 2015 |
| Headquarters | UK |
| Regulated by | FCA,CBI,ACPR |
| Min Deposit | $0 |
| Max Leverage | 20 |
| Platforms | — |
| Islamic Account | Not available |
| Copy Trading | Not available |
| Demo Account | Available |
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|---|---|---|---|
| EUR/USD | Check broker | Varies | Varies | Check broker |
| Feature | Available |
|---|---|
| Demo Account | Yes |
| ECN/Raw Account | No |
| Islamic (Swap-free) | No |
| Scalping Allowed | No |
| Hedging Allowed | No |
| Expert Advisors (EA) | No |
| Copy Trading | No |
Revolut does not provide an Islamic (swap-free) account. This is a notable issue because Georgia has a significant Muslim population, especially in the Adjara and Kvemo Kartli regions. If you are a Muslim trader from Georgia, holding overnight forex positions on Revolut will incur swap or rollover charges. These daily interest adjustments are effectively riba and are not compliant with Sharia law. Some brokers offer Islamic accounts that compensate with wider spreads or administrative fees instead of charges, but Revolut simply applies the standard overnight swap. There is also no option to convert your account to a swap-free status through customer support. As a result, if religious compliance is essential, Revolut is not suitable. Instead, look for dedicated FCA/CySEC-regulated brokers that explicitly offer no-swap accounts for clients in Georgia. Make sure to check the fine print for hidden 'administration fees' or spreads that are higher than the normal account. Revolut's lack of an Islamic account further underscores that its target audience is not the serious forex community, but rather everyday fintech users and occasional equity investors.
| Feature | Details |
|---|---|
| Islamic Account Available | No |
| Swap Fees | May apply |
| Hidden Admin Fees | Verify with broker before trading |
| How to Apply | Contact support after opening standard account |
| Approval Time | Usually same business day |
| Asset Class | Examples | Available | Typical Spread |
|---|---|---|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | All available | Check broker |
| Gold (XAU/USD) | Spot Gold | Available | — |
| Silver (XAG/USD) | Spot Silver | Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | Available | $0.03–$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | Available | 0.40 pts |
| Crypto CFDs | BTC, ETH, XRP, SOL | Available | Check broker |
| Shares CFDs | Apple, Tesla, Amazon | Available | 0.02% |
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|---|---|---|---|---|
| Revolut (current) | $0 | Check broker | No | No | 3.7 |
| Pepperstone | $0 | 0.09 pips | Yes | Yes | 4.9 |
| IC Markets | $200 | 0.02 pips | Yes | No | 4.8 |
| Exness | $10 | 0.10 pips | Yes | No | 4.8 |
For Georgia traders, Revolut is not a dedicated forex broker, and it shouldn't be treated as one. Its strengths are accessibility, regulatory backing, convenience, and a versatile app that covers everything from a current account to stock and crypto trading. But the 1:20 leverage cap, the absence of MetaTrader/TradingView, no Islamic account, and the lack of Georgian-language support are serious drawbacks for anyone whose primary goal is retail forex trading. If you are a Georgian expat or young investor who wants to buy Apple shares, trade small gold positions, and hold a few grand in USD via your phone, Revolut may be a fine side tool. But as your main broker for active forex trading, it will likely frustrate you. We recommend that Georgian traders who want serious leverage, professional platforms, and local payment integrations look for regulated brokers with a proven track record in emerging markets. Revolut's score of 3.7 accurately reflects its position: a solid fintech solution, but a weak choice for dedicated forex traders in Georgia. Until the platform adds MT5 support, swap-free accounts, or a local NBG license, it cannot be recommended as the primary broker for Georgian residents.