I am currently holding investments in an ISA with Interactive Brokers (IB).
I donāt like my current provider due to certain constraints and fees and I would like to transfer my holdings in-specie to a new provider.
IB my investments via Euroclear. I contacted a few ISA providers and they said they canāt do an in-specie transfer because they use CREST, which is incompatible with Euroclear.
Does Trading212 use Euroclear to hold and settle transactions in the UK and is hence compatible with in-specie transfers from Interactive Brokers?
In theory, Trading 212 uses Interactive Brokers (IBKR) as custodian, see
Your shares are held in a pooled account at Interactive Brokers, one of the largest brokers in the worldā¦
so I would be surprised if they donāt do in-specie transfers from IBKR.
Alas, according to this list of supported brokers for portfolio transfers, IBKR is only listed in the ācash transfers (ISA only)ā column on the left: