We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Freetrade, Trading212 or something else for small investments into an ISA
Options
Goldust
Posts: 528 Forumite
Hi all - firstly apologies I'm not up to speed with this kind of thing so if I'm way off the mark please just shout 
I've currently got a Freetrade account and I've got about £2k that I've put in it over the course of the year invested in various companies and funds. I've made about 10% over the year.
I thought that a Stocks and Shares ISA would be better for me and also there were some shares I wanted to buy that I couldn't without upgrading to the standard plan at £5.99 a month so I did that with the plan of selling all my shares and re-purchasing them in the ISA. I think it's called "bed and ISA" but from what I can tell this is a manual process that I have to do rather than something Freetrade can do.
So it got me thinking - if I'm going to do this, there's no real problem in just selling up and moving to another platform if that works better for me. Trading212 seems to be a bit cheaper and better for what I want (an ISA where I can buy some shares each month with the cash I put in). But that's about as much as I know. So if anyone has another recommendation or thinks Freetrade or 212 is a better bet that would be a big help.
Many thanks!
I've currently got a Freetrade account and I've got about £2k that I've put in it over the course of the year invested in various companies and funds. I've made about 10% over the year.
I thought that a Stocks and Shares ISA would be better for me and also there were some shares I wanted to buy that I couldn't without upgrading to the standard plan at £5.99 a month so I did that with the plan of selling all my shares and re-purchasing them in the ISA. I think it's called "bed and ISA" but from what I can tell this is a manual process that I have to do rather than something Freetrade can do.
So it got me thinking - if I'm going to do this, there's no real problem in just selling up and moving to another platform if that works better for me. Trading212 seems to be a bit cheaper and better for what I want (an ISA where I can buy some shares each month with the cash I put in). But that's about as much as I know. So if anyone has another recommendation or thinks Freetrade or 212 is a better bet that would be a big help.
Many thanks!
0
Comments
-
Yes, you can change provider with no extra effort. I use T212 and find them to be very good, and you'll save £5.99 a month.1
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.8K Banking & Borrowing
- 253K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.8K Work, Benefits & Business
- 598.6K Mortgages, Homes & Bills
- 176.8K Life & Family
- 257.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards