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The FIRE Exit
The broker guide

eToro vs Revolut.

eToro or Revolut for a monthly index buy? The same pattern priced through both price sheets, the protection behind each, who does your tax paperwork, and what leaving costs — side by side, verified, verdict-free.

Every figure verified against the brokers’ own price sheets: July 2026. Fee schedules reprice mid-year — if that date looks old, check the price sheet before acting.

The same buy, both bills

MeasureeToroRevolut
The bill this year€0€0
Twenty years of it€0€0

The example pattern — €300 a month, no pot, a euro-listed fund. Your pattern is different: run yours through The Broker Bill

Where they differ

DimensioneToroRevolut
Conversion0.75%1%
ProtectionCyprus ICF — up to €20,000 (the lower of 90% and €20,000, CySEC's formula)Lithuanian investor insurance — a flat cap of €22,000 (no 90% tier; the scheme's own FAQ)
The cashClient money segregated at EEA partner banks; euro balances ride eToro Money Malta Ltd, an e-money institution — a safeguarding account, not a bank deposit in your name.App balances are real deposits at Revolut Bank UAB — €100,000 Lithuanian deposit insurance. The investments sit at the separate brokerage entity under the €22,000 investor scheme. Two firms, two safety nets.
The exitNo in-kind route out is published for European clients — leaving means selling (or a case-by-case support request).No outbound transfer route for European ETFs is published (US-listed only, $35 a position) — leaving means selling.

Where they match

  • Available in All EU/EEA residents, on its own pages; the UK too, via its UK entity
  • The monthly buy €0 · savings plan
  • Recurring €0/yr
  • Savings plan automatic · fractions
  • Does your taxes in

The honest notes

eToro

The most advertised name on the list, and the likeliest to be in your feed. For the record: ETF buys are commission-free, recurring investments exist, and a euro-account path now avoids currency conversion on euro-listed funds — the plumbing genuinely improved. But it's a trading platform first: the UCITS shelf only arrived in 2026, the account's native tongue is the dollar, and crypto and leveraged products share the room — a short or leveraged position there is a CFD even when it's dressed as a stock. It can hold a monthly index plan. It's a lot of machine for a job this small.

eTorothe fine print
Who you deal with

eToro (Europe) Ltd — CySEC, licence 109/10

The route

Zero-commission ETF buys, one-off or recurring (plans from $25 a month). The account's working currency is the dollar — a euro account buying euro-listed funds pays no conversion, its stated mechanics.

The plan

Recurring Investments from $25 a month; fractional from $10.

The cash

Client money segregated at EEA partner banks; euro balances ride eToro Money Malta Ltd, an e-money institution — a safeguarding account, not a bank deposit in your name.

The taxes

No native withholding anywhere; the Club-tier “tax report” is informational — its own words — not a filing.

The exit

No in-kind route out is published for European clients — leaving means selling (or a case-by-case support request).

Revolut

The app half of Europe already carries, which is exactly its pitch: the investing lives where your card does. Two facts to keep separate: your cash sits at its bank, with a real deposit guarantee; your investments sit at its Lithuanian brokerage, under that country's separate, smaller investor scheme. The ETF shelf is a fraction of a full broker's, free trades are rationed by subscription tier, and the recurring "Investment Plans" are the genuinely commission-free route. As a first, small, automatic drip it works. If your plan outgrows the shelf, the switching section below is how you leave without a tax bill.

Revolutthe fine print
Who you deal with

Revolut Securities Europe UAB — Bank of Lithuania (the brokerage); cash sits at Revolut Bank UAB

The route

ETF Investment Plan — recurring buys, commission-free on every subscription tier (Revolut pre-funds the commission), from €1. One-off trades: your plan's monthly free allowance, then 0.25% (min €1). Currency exchange is free to €1,000 a month on the free plan — the 1% priced here is the over-allowance rate.

The plan

Investment Plans: recurring, commission-free, from €1, fractional.

The cash

App balances are real deposits at Revolut Bank UAB — €100,000 Lithuanian deposit insurance. The investments sit at the separate brokerage entity under the €22,000 investor scheme. Two firms, two safety nets.

The taxes

No withholding on fund gains anywhere — you declare and pay yourself; its own help pages say so plainly.

The exit

No outbound transfer route for European ETFs is published (US-listed only, $35 a position) — leaving means selling.

No affiliate links — no broker pays me, and none of them knows it's on this page. The order is arithmetic, not sponsorship.

Education, not advice. Fee schedules change and brokers reprice — check the current price sheet before you open anything. Which broker suits you also depends on your country and your tax situation; I'm not a licensed adviser, happily.

Bring me a challenge.

The Exit Audit, then ninety minutes: a straight verdict, real alternatives with their pros and cons, and your first move. If you want someone to nod along, I’m the wrong person to pay.

How the sessions work

Ninety minutes, online, €600 — the Exit Audit included.