Revolut Expands CFD Trading to 29 Countries via CMC Markets

Revolut has quietly extended access to contracts for difference (CFDs) to users in 29 countries, significantly widening the reach of high-risk derivative products on its investment platform. The expansion follows a pilot that ran in just three EU markets—the Czech Republic, Denmark, and Greece—for over a year.

CFDs are now available inside the Revolut app under the Investment tab, alongside stocks, ETFs, bonds, and crypto. The company also operates a separate platform called Revolut Invest aimed at more active traders. For European users, the offering is run through Revolut’s Lithuanian entity, which holds a MiFID II licence, allowing it to operate as an investment firm across EU member states.

The CFD product is built on CMC Connect’s infrastructure, the institutional arm of UK-based CMC Markets. Revolut underwent an extended technical due diligence process before going live. CMC previously described the deal’s impact on its B2B revenue as “not significant,” citing limited geographical coverage—a statement made before the 29-country rollout. Neither company has disclosed user numbers or CFD-specific revenue figures.

Despite Revolut’s global base of 68.3 million customers, access to CFDs is restricted under EU rules to clients who can demonstrate adequate knowledge and experience. This suitability filter is meant to limit uptake among general users. Revolut frames CFDs as part of its broader wealth-building offering, but the product carries a well-documented risk profile: across the industry, the majority of retail CFD traders lose money, a fact that providers must disclose prominently. Adding CFDs to a consumer fintech app raises questions about whether its tens of millions of users are the right audience for leveraged derivatives.

Revolut reported a pre-tax profit of £1.7 billion on revenue of £4.5 billion for 2025 and recently received a full UK banking licence. CFDs are part of a broader push into active investment products, though the company did not break out CFD-specific figures in its latest financial report. The move mirrors a wider industry trend in which nonbanks push into derivatives while established CFD brokers expand into stocks, crypto, and other assets. IG Group, for instance, has signaled interest in prediction markets—a space regulators have viewed with caution due to its proximity to binary options, which have been widely banned.