RECOMMENDATIONS
Recommended Investing Tools
A simple guide to the platforms I recommend for financial data, market news, a second opinion on stocks, and advanced valuation.
There are thousands of investing websites available, but you do not need to use all of them. These are the platforms I recommend depending on what you are looking for — financial data, the latest market news, a second opinion on a stock, or deeper valuation research.
If you are looking for financial data about a company, StockAnalysis is the first place I recommend.
You can quickly find financial statements, historical results, key statistics, ratios, analyst forecasts, and other information that can help you analyze a stock or build your own valuation model.
Looking for the numbers behind a company? Start here.
Explore StockAnalysis
If you want to know what is happening with a company or in the market right now, Yahoo Finance is a great place to start.
I recommend using it mainly for the latest financial news, company-related articles, market updates, earnings developments, and other events that may explain what is happening with a stock.
Looking for the latest story behind a stock? Check Yahoo Finance.
Visit Yahoo Finance
After doing your own analysis, it can be useful to see what another research platform thinks about the stock.
In my view, Zacks is one of the best platforms for this. It combines stock research with earnings estimates, analyst reports, the Zacks Rank, and Value, Growth, Momentum and other investing scores. This makes it useful when you want to compare your own valuation and expectations with an independent research perspective.
Already analyzed the stock yourself? See what Zacks thinks.
Check the Stock on Zacks
If you want to take your stock analysis a step further, GuruFocus is one of the most useful platforms for valuation and deeper fundamental research.
It provides extensive financial and valuation data, stock screeners, comparison tools, GF Scores, and several intrinsic value models, including DCF-based valuations. This makes it especially useful when you want to compare your own valuation with an independent estimate or find additional inputs for your analysis.
Want to go deeper into valuation? Try GuruFocus.
Explore GuruFocus
Revolut
Before You Fund Your Broker: Check the Currency Conversion Cost
A commission-free trade can still cost you money before you even buy your first stock.
Many investors carefully compare trading commissions but completely overlook currency conversion fees.
If your broker account, deposit currency, and the currency of the investment are different, your money may need to be converted before you can invest. Depending on the broker and the amount you deposit, this FX cost can sometimes be more significant than the trading fee itself.
Where Revolut Can Help
Revolut lets you hold and exchange many different currencies within one account. This can make it useful when you want to convert money before sending it to a broker that accepts deposits in the target currency.
Instead of automatically accepting your broker's conversion rate, you can compare both options:
Convert with the brokerConvert with Revolut and deposit the target currency
Then simply choose the cheaper option.
A Simple Example
Imagine you want to invest the equivalent of $10,000, but your broker charges 0.5% for currency conversion.
$50
before a single dollar has actually been invested.
If you can convert the same amount more cheaply elsewhere and your broker accepts deposits in that currency, the difference stays in your portfolio instead of disappearing into FX fees.
Over many years of regular investing, these seemingly small costs can add up.
When Revolut Can Make Sense
Your broker charges a relatively high FX fee🟢 Definitely worth comparing
Your broker accepts deposits directly in USD, EUR, GBP, or another supported currency🟢 Potentially useful
You regularly invest money in a different currency🟢 Worth checking
Your broker already offers extremely cheap FX🟠 Probably not necessary
Your Revolut plan's free exchange allowance has been exceeded🟠 Compare the final cost first
You are converting during a period when your plan applies an additional exchange fee🟠 Check before converting
Your broker does not accept deposits from e-money or third-party services🔴 Do not use this method
But Revolut Is Not Automatically Cheaper
This is important.
We do not recommend using Revolut blindly for every broker.
Some brokers already provide very competitive currency conversion.
Trading 212 currently charges 0.15% when converting funds, including at weekends. In many cases, this is already cheap enough that using another service may add unnecessary complexity.
Interactive Brokers provides institutional-style FX pricing with commissions starting around 0.20 basis points of trade value, subject to a minimum commission per conversion. For larger conversions, its FX pricing can be extremely competitive.
So the goal is not:
“Always convert through Revolut.”
The better rule is:
Never pay your broker's FX fee without comparing the alternatives first.
Check Your Revolut Plan Before Converting
Revolut's exchange conditions depend on your country and subscription plan.
Standard and Plus plans can have monthly fair-usage allowances, after which an additional exchange fee applies. In several supported regions, additional weekend exchange fees may also apply to Standard and Plus customers.
Premium, Metal, and Ultra plans generally provide more generous exchange conditions and, in supported regions, remove the additional fair-usage and weekend exchange fees.
Because pricing varies by country, always check the final exchange rate and fee shown in the Revolut app before confirming the conversion.
One More Thing: Make Sure Your Broker Accepts the Transfer
Converting money cheaply is useless if your broker will not accept the deposit.
Before sending money from Revolut, check that:
1. The broker supports the currency you want to deposit
There is little benefit in converting to USD if the broker immediately converts the deposit back into another account currency.
2. The broker accepts transfers from your Revolut account
Some brokers have strict rules requiring deposits to come directly from a verified traditional bank account.
3. The account is in your own name
Investment platforms commonly require the name of the sender to match the name registered on the brokerage account.
A good example of why this matters is DEGIRO, which explicitly states that it does not accept deposits from e-money services. In situations like this, Revolut should not be presented as a funding workaround.
So, Should You Use Revolut Before Funding Your Broker?
Revolut is most useful when your broker charges a noticeable currency-conversion fee and allows you to deposit the currency you actually want to invest in.
It is less useful when your broker already provides very cheap FX or when external multi-currency transfers are not supported.
The important part is not using Revolut every time.
The important part is checking the cost before automatically letting your broker perform the conversion.
Keep More of Your Money Invested
If you regularly invest internationally, having access to multiple currencies can make managing deposits much easier.
Before your next broker deposit, compare the amount you would receive after conversion and decide which option leaves more money available to invest.
Open a Revolut Account
Check the exchange rates, limits, and plan benefits available in your country.
Affiliate disclosure: If you open a Revolut account through our link, we may receive a reward. This does not create any additional cost for you and does not affect our broker comparisons or recommendations.