Revolut Expands CFD Trading to 29 Countries via CMC Markets

Revolut has quietly rolled out CFD trading across 29 countries, significantly widening access to high-risk derivative products for users of the nonbank’s investment platform.

What Revolut Is Actually Offering

CFDs are now available inside the Revolut app under the Investment tab, alongside stocks, ETFs, bonds, and crypto. The company also operates a standalone platform called Revolut Invest, which targets more active traders. The expansion builds on an earlier pilot in just three EU countries — the Czech Republic, Denmark, and Greece — which ran for over a year before the broader rollout.

For European users, CFDs are offered through Revolut’s Lithuanian entity, which holds a MiFID II licence. That licence is the regulatory basis for the company operating as an investment firm across EU member states.

The CMC Markets Connection

Revolut entered CFD territory by building on CMC Connect’s infrastructure — the institutional division of CMC Markets, one of the UK’s established CFD providers. The arrangement involved an extended technical due diligence process before going live, and CMC has since described the deal’s impact on its B2B revenue as “not significant,” citing limited geographic coverage at the time.

That assessment was made before Revolut’s 29-country rollout, so the picture may look different in future reporting. Neither company has disclosed user numbers or CFD-specific revenue figures yet.

What This Means for Traders

Despite Revolut’s global base of 68.3 million customers, it’s not clear how many actually have access to CFDs or would qualify as suitable under the broker’s client categorization. CFDs are restricted to clients who can demonstrate adequate knowledge and experience under EU rules — a filter that should, in theory, limit uptake among general users.

Revolut frames CFDs as part of its broader wealth-building offer, but the product carries a well-documented risk profile. Across the industry, the majority of retail CFD traders lose money, a fact that CFD providers are required to disclose prominently. Adding CFDs to a consumer fintech app with tens of millions of users raises legitimate questions about whether those users are the right audience for leveraged derivatives.

Financial Backdrop

Revolut reported a pre-tax profit of £1.7 billion on revenue of £4.5 billion for 2025, confirming its position as one of Europe’s most profitable fintech. The company recently received a full UK banking licence, which adds another layer to its expanding financial services footprint.

CFDs are part of a broader push into active investment products, but the company chose not to break out any CFD-specific figures in its latest financial report — making it difficult to gauge how meaningful the product is to the business at this stage.

The Bigger Shift in the Industry

Revolut’s move into CFDs mirrors a broader blurring of lines between retail banking, investment platforms, and traditional CFD brokers. As nonbanks push into derivatives, established CFD firms are moving in the opposite direction — expanding into stocks, crypto, and other assets to diversify. IG Group has even signaled interest in prediction markets, a space that regulators have historically viewed with concern given its proximity to binary options products that have been widely banned.

Key Takeaways

• Revolut has expanded CFD trading to 29 countries, up from an initial 3-country EU pilot.
• CFDs are accessible inside the Revolut app under the Investment tab, via its MiFID II-licensed Lithuanian entity.
• The CFD product runs on CMC Connect’s infrastructure, though CMC has not reported material B2B revenue from the deal yet.
• Revolut has 68.3 million users globally, but suitability restrictions should limit CFD access to eligible clients only.

Revolut’s CFD expansion is part of a broader push to build trading infrastructure that can support more than just passive investing — a direction that is also visible in its AI experiments. Read more: Revolut Engineers Build AI-Driven Trading Desk in 30 Minutes, Raising Questions About the Future of Broker Platforms

This article is for informational purposes only and does not constitute financial or investment advice. Always conduct your own research before making trading decisions.