copy trading within an isa wrapper

mole10
mole10 Posts: 1 Newbie
in Savings & investments
Is it possible to copy trade within an isa wrapper?

Comments

  • IanSt
    IanSt Posts: 366 Forumite
    Who are you planning to copy and are you sure they are legitimate - there are a lot of scammers out there who will take your money and lose it despite supposedly glowing reviews :(
  • Malthusian
    Malthusian Posts: 11,055 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Photogenic
    Wrapping copy trading within an ISA is pointless, as you will have no gains to save tax on, and you won't be able to offset any future gains against the loss of your shirt.

    See here for a more detailed discussion of why copy trading is a bad idea unless you want to lose money.
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