A Stocks & Shares ISA lets you invest in stocks and keep any gains tax-free, up to the £20,000 annual limit.
It acts as a tax wrapper, protecting your investments from income and capital gains tax.
What can I invest in?
You can invest in:
- ready-made pies, or
- your own mix of shares and Exchange Traded Funds (ETFs).
Is there a minimum payment to open a Stocks ISA?
Yes, the minimum deposit is £1.
Can I withdraw funds from a Stocks and Shares ISA?
Yes, Trading 212 ISAs are flexible. You can withdraw funds at any time and replace them without affecting your £20,000 annual limit, as long as:
- re-deposited current tax-year funds into the same or any other ISA, flexible or not; and
- return previous tax year funds to the same ISA account you withdrew from within the same tax year.
If your money is invested, you’ll need to sell your investments first to make cash available. Once the funds settle, you can withdraw them at any time.
What is a managed Stocks and Shares ISA?
A managed Stocks & Shares ISA is run by a professional investment manager who makes investment decisions for you.
You simply choose your risk level, and the manager handles the rest, though this service often comes with higher fees.
Trading 212 does not currently offer a managed Stocks & Shares ISA.