Moving shares from Hargreaves to Trading 212

dllive

Hi,

Im looking to move shares from my Hargreas ISA account to my T212 ISA account.

The reason why I want to do this is becuase HL charges 0.45% for holding shares, whereas T212 doesnt have a charge for holding shares. (unless Im mistaken!)

Im curious to hear if others have done this. If there are any gotchas I need to watch out for etc...

Thanks

ColdIron

HL caps shares in an ISA at £45 so the crossover point is £10,000. IWeb charges £0

wmb194

dllive said:

Hi,

Im looking to move shares from my Hargreas ISA account to my T212 ISA account.

The reason why I want to do this is becuase HL charges 0.45% for holding shares, whereas T212 doesnt have a charge for holding shares. (unless Im mistaken!)

Im curious to hear if others have done this. If there are any gotchas I need to watch out for etc...

Thanks

Does your T212 Isa allow in-specie transfers? It's a relatively new feature and not fully rolled out. Presently for me the app says that only cash transfers are enabled.

The other thing to check is that T212 and any other broker you're looking at offers the shares/funds you want to transfer.

dllive

wmb194 said:

dllive said:

Hi,

Im looking to move shares from my Hargreas ISA account to my T212 ISA account.

The reason why I want to do this is becuase HL charges 0.45% for holding shares, whereas T212 doesnt have a charge for holding shares. (unless Im mistaken!)

Im curious to hear if others have done this. If there are any gotchas I need to watch out for etc...

Thanks

Does your T212 Isa allow in-specie transfers? It's a relatively new feature and not fully rolled out. Presently for me the app says that only cash transfers are enabled.

The other thing to check is that T212 and any other broker you're looking at offers the shares/funds you want to transfer.

Thanks good point. Ive just checked and it says that full rollout will be 14th June. It also says that only whole shares can be transferred. Ill need to check my Hargreaves account and see if this might be an issue,