Please can you build a feature for holding foreign currency in a SIPP? Many brokers offer this as standard and I regret moving to Freetrade as this was not disclosed when I enquired.
I will consider switching to another broker if this isn’t going to be a new feature soon.
Hmm much like an ISA a SIPP is a tax efficient wrapper and I heavily doubt holding other currencies is permitted.
I’m happy to stand corrected
I think I’m right in saying you can hold foreign currencies in a Sipp but not an Isa.
The former tend to be more liberal. For example, you can buy stocks like PDD in a Sipp which are not eligible to be held in an Isa.
You can hold foreign currency in a SIPP. Or at least, it is permitted generally as part of SIPP rules - some brokers allow it, some don’t.
Are the held foreign currencies still protected under the Financial Services Compensation Scheme?
This topic was automatically closed 416 days after the last reply. New replies are no longer allowed.