Sipp compliant trading platform

shortseller09

Hi, I'm struggling to find a dealing platform that is compliant with my Sipp administrator. Any ideas of platforms that can outsource their service?
Thank you.

SonOf

What do you mean by dealing platform? (are you referring to third party dealing or actual dealing on platform in allowed assets?) Most SIPPs allow dealing. It is just the assets where there may be restrictions.

Maybe you should state what asset types you are looking to trade in? It will help the responses.

Brynsam

Have you asked your SIPP administrator if they have a list of platforms which they see as compliant?

midlandsimon

My SIPP is with InvestAcc, as an open market provider they work with most trading/broker accounts of the clients choosing.


Mine is with SelfTrade which works well for my equity/ fund based investments and I have a small account with Interactive Brokers where I do covered option calls etc.


Accounts within SIPPs that I am aware of that are popular:




Stocktrade


Interactive Investor


Interactive Brokers


Jarvis


Youinvest

shortseller09

SonOf wrote: »

What do you mean by dealing platform? (are you referring to third party dealing or actual dealing on platform in allowed assets?) Most SIPPs allow dealing. It is just the assets where there may be restrictions.

Maybe you should state what asset types you are looking to trade in? It will help the responses.

A standard trading platform for shares and/or funds. Having spoken to Iweb and Interactive Investor, they can only be used if you have a Sipp with them, I can't link my Sipp.

shortseller09

Brynsam wrote: »

Have you asked your SIPP administrator if they have a list of platforms which they see as compliant?

Yes, but they cannot tell me as it would be seen as a recommendation, they can work with any provider that outsources its platform.

bowlhead99

If your SIPP provider does not offer brokerage services do they not have a list of stockbrokers with whom their clients have worked before?

*edit, your answer crossed with my post.
If you don't want to put the legwork in searching for brokers who will accept accounts owned by SIPP trustees, have you considered whether you could economically change your SIPP provider?

shortseller09

midlandsimon wrote: »

My SIPP is with InvestAcc, as an open market provider they work with most trading/broker accounts of the clients choosing.


Mine is with SelfTrade which works well for my equity/ fund based investments and I have a small account with Interactive Brokers where I do covered option calls etc.


Accounts within SIPPs that I am aware of that are popular:




Stocktrade


Interactive Investor


Interactive Brokers


Jarvis


Youinvest

Thanks Simon, that gives me a starting point.