How many investment accounts do you have?

General Chat šŸ’¬
21

Freetrade - daily trading in an isa
Coinbase - crypto
Moneybox. - which is superb. Returns are have be suprising high on my LISA & old pensions.

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22

Max transaction? Not seen this and bought Ā£25k of apple a month ago

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23

Ā£9.9K is the max for transactions on UK stocks, Ā£25K for US.

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24

Why such a cap on UK stocks? Why did they limit it so?

25

At Ā£10k and above you have to also pay the PTM levy which freetrade currently isnā€™t setup to process/collect

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26

Just FT for sipp and ISA basically it has everything I need.

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27

Ok no problem. Thanks for explaining why.

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28

Why nobody use Interactive Brokers as an addition to FT?
They recently removed Ā£10 monthly payment

29

Threeā€¦

  1. Coinbase
  2. Freetrade
  3. Er, some other platform that I have my LISA with. I canā€™t remember their name right now but Iā€™m overcome with a sense of strong feelings towards them. I canā€™t remember if they are positive or negative feelings though. It might come to me later.
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30
  1. Freetrade (GIA & ISA)
  2. Aviva (pension)
  3. Coinbase pro
  4. Seedrs
  5. Crowdcube
  6. Abundance Investment
  7. Wealthsimple
31

Freetrade - GIA
Pensionbee - SIPP
Fidelity - JISA

32

Freetrade - GIA
Trading 212 - ISA
Fidelity - SIPP & JISA

Contemplating whether to move my ISA back to Freetrade for FY 22/23 or go with a totally new brokerā€¦ :thinking:

33

Cos they donā€™t offer an ISA?

34

Sometimes you earn enough out of S&S ISA and do not want to block your money in SIPP.
For example you have plans to move to EU one day, what will happen to your ISA?

35

Keep itā€¦? I know people with ISA in the UK and live in EU.
BTW, donā€™t get me wrong I would use IB if they have an ISA, I really want the Stop Limit orders they do. FT has messed up my trading many times with the triggered stop, but no limit! :smirk:

36

True, you can keep it. But youā€™re taxed in your new country, so will need to tell your new country what capital gains you make in your ISA in those years and get taxed on that.

I doubt most people do that, but theyā€™re still commiting tax fraud then, albeit probably on a small scale :smiley:

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37

Just for your reference

What if I move abroad? | Support (freetrade.io)

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38

Yeah, I should point out they are not using FT and the broker knows their residency. Iā€™m sure they have it all figured outā€¦

39

Btw I still donā€™t know why FT claims they must close account when you move abroad , HMRC mentioned itā€™s legal to have it, you just cannot add more when you are not resident

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40

Probably just being cautious. Better-take-no-risk approach.

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