Opening a 2nd investment ISA with Freetrade

Help 👋
1

I understand that it’s possible to open a new investment ISA with a new broker each financial year.

I already have an ISA with Vanguard, but I can only invest in ETFs on that platform.

For the next financial year, I would like to open an ISA with Freetrade and keep my Vanguard ISA. Has anyone done something this?

2

Yep, that’s fine provided you only put money into one of them in each financial year.

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3

So let’s say I have 10k worth of stocks and shares in my Freetrade general investment account. Can I move that to an ISA in the next financial year or do I have to sell everything and buy again within an ISA?

4

Sell and buy again.

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5

To add to what @Jim_mcgrain said:

Cuz the law says so

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