Trading212 - am i missing something

Robin9

I opened a SS ISA a month ago and the monies went straight into the Investment,

I have subsequently made a top up and that is being held as Cash.

How do I transfer this to the Investment ?

masonic

There is normally a separate step to invest the money you add to the account. You'd be looking for the option to buy more of the investment. I'm not familiar with the interface as its been a few years since I used T212.

flaneurs_lobster

Presumably you had to pick which fund(s) you wished to invest in with your initial ISA funding.

The couple of investment platforms I've used (not 212) require that you specify what you wish to do with additional funds - buy more of the same, buy something else or hold as cash.

Don't know if 212 allow for a default action to be set up.

QrizB

Robin9 said:

How do I transfer this to the Investment ?

If you want to buy more of the same thing, it's simple. The following is assuming the T212 app on Android; I'd hope iOS is similar.

- Select the "pie" icon (second from left)

- Scroll down the screen until you reach "asset allocation".

- Select the fund you want to buy.

- Choose the big blue "buy" button.

I'd normally do this during trading hours since markets can be funny first thing when they open, which is when you'll execute if you place trades out of hours..

Ch1ll1Phlakes

Simple way is to go to your chosen investment and click buy. Then it will ask how much you wish to invest and what funds you want to use. Should be straightforward. Here's an example when using T212 from my laptop.

wmb194

Robin9 said:

I opened a SS ISA a month ago and the monies went straight into the Investment,

I have subsequently made a top up and that is being held as Cash.

How do I transfer this to the Investment ?

It's like any brokerage account, it has a cash balance and it's used automatically when you buy something. Or have you deposited your money in T212's separate cash Isa account? If so, you'd need to transfer the cash across to the S&S Isa.