Hi!
Is there any chance there will be a rollout of a Junior ISA anytime soon on FT? Would love to transfer my sonās Stocks and Shares ISA to FT so that he can benefit from compounding dividends thanks to your fractional shares option.
Let me know! Thanks
Itās on their radar but apparently not super high on the list of priorities.
Hi,
Regarding the JISA, by ānot super high on the list of prioritiesā do you mean it might not be release anytime this Year?
Hi Shaid, and welcome!
You can check out the āBuilding Freetradeā page, to see what features are currently in development. They have 3 categories: Features just shipped, Features they are actively working on, and features that they are gathering information on. If you take a look at that youāll see JISA is not listed anywhere, so while this might be an oversight by the Freetrade team leaving it off the list, it is unlikely to be released before any of the listed features.
Hi there,
I was looking for the same thing and was wondering if there is an update.
The Building Freetrade blog page doesnāt load up - not sure whether itās now defunct.
Thanks.
At the recent investor call we were told we could expect it in the first half of 2025.
Product development had been woefully slow until this year. The new CEO seems to be turbocharging everything so Iāve got faith that we will actually see it come to fruition this time.
Letās hope Freetrade doesnāt let us down!
A decent junior ISA would be such a win, they donāt have them on any of the good platforms with fractional shares. I only want to invest Ā£50 per month for each of my boys, but that means waiting for 3 months before I can get 1 QQQ shareā¦
PLEASE, Freetrade, launch a JISA and Iāll move over Ā£30k of investments as soon as itās available! I am sure many others would too.
I will only believe this will be able first quarter/half of 2025 if they release corporate bonds and gilts by end of this year itās technically December I still have there email mentioning this so fingers cross I have around 15k Iām putting in bonds/gilts and rest lifetime isa so yes fingers cross
This would be a major win because there are so many young investors in the making and with millennials being able to invest for their children from their phone. Same for future generations.
I wonāt be too surprised if Monzo launches something for young people as they already previously launched an under 16s current account for people as young as 6 years old. I suppose they could at some point in the future enable JISAs for them through their parentsā account.