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Can I transfer my ISA from another bank or broker to Trading 212?

Yes, you can request a transfer directly from the mobile or web app. In Invest/S&S ISA accounts, simply tap on 'Portfolio transfer' and follow the steps. For Cash ISA accounts, this option is located in the menu bar on the bottom.

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What is an ISA Transfer?

 

An ISA transfer is the ability to move assets held with one ISA manager to another, keeping the investments within the tax-efficient wrapper. 

What are the supported ISA transfer types?

 

We support 'In specie' (Stock) and 'Cash' transfers.

'In specie' transfers are currently being rolled out. Check out the progress 👉 here.

 

Can I transfer my existing stocks, or do I have to sell them and transfer cash?

 

Depending on the provider from which you wish to transfer, you'd have both options.

How do I request an ISA transfer to Trading 212?

 
In specie Cash transfer
  1. Access your account menu
  2. Tap on Portfolio transfer
  3. Select In species transfer
  4. Choose subscriptions (years) that will be transferred
  5. Define if you'll be transferring any uninvested cash
  6. Select the assets you wish to move
  7. Type quantity and price (average cost or price on arrival). The latter will reset your profit/loss result
  1. Access your account menu
  2. Tap on Portfolio transfer
  3. Select Cash transfer
  4. Choose subscriptions (years) that will be transferred
  5. Select if the transfer will be full or partial
  6. If partial, define the amount from previous tax years

What happens after I follow the steps? 

 
  • You will receive our confirmation when the form is reviewed
  • The application will be sent to your other provider
  • Updates on the transfer will be sent to you via the app
  • We'll let you know as soon as all transferred stocks and/or cash have arrived

We do not accept cheques. You should check with your provider whether they can transfer uninvested cash electronically.

Is there a transfer fee?

 

Trading 212 does not charge a fee for an ISA transfer. Your current provider may charge exit fees, and it’s worth checking with them first - we wouldn’t want you to lose money.

How is the transfer going to affect my allowance?

 

Transferring doesn’t count towards your ISA allowance, which is £20,000 in the 2024/2025 tax year. You can transfer an ISA at any time in the tax year. 

Can I cancel an ongoing transfer?

 

Yes, to cancel your transfer, you can follow the instructions below:

  • Cash ISA: Go to Portfolio Transfer Tab→ Select the Ongoing Transfer → Tap Cancel Transfer
  • Invest/S&S ISA: Open the Menu → Go to Portfolio Transfer → Select the Ongoing Transfer → Tap Cancel Transfer

📄 Note

Investments aren't as secure as cash. They can go down as well as up in value, so you could get back less than you put in.

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