Any progress on this? Really want this feature - I’d switch all my ISA trading with it.
this feature will be only for INVEST as there is a HMRC requirement stating UK ISA’s must be in GBP
and/or for SIPP if/when that lands
I know that, my current account is USD, so I can’t switch my ISA which are GBP Sterling.
I also have euro to invest. Multicurrency would see me use the platform for so much more
I see, the issue would likely still remain however that to use the ISA account you may be required to set up a new account in GBP. you can still deposit any currency, it will convert straight to GBP for your ISA account and the new feature would mean direct investing in euro’s for invest(and SIPP ) once available which will be great. Multi-currency is definitely a very useful feature for normal investing and trades, on the basis that people remember the correct tax declarations are when the profits were collected and not converted etc.
All things in good time, hopefully we can start 2021 off to a very good start with an exceedingly versatile and valuable service. I probably still wouldn’t be investing by now if not thanks to T212 offering the level of service they have so far, with promise of it only getting better. I can see my account here remaining my sole S&S ISA until at least 2035.
Would it be possible for Trading212 to let us know if this feature is likely to be added for Invest please
I agree would be a huge benefit!
one more that think that would be a very approved update.
This would be game changing! Wonder when we’ll get an update about this.
Hello guys…any news on this topic??
Any news on this feature? Is it in development?
An update on this would be great, I’d also like to invest in other markets and I have currency in those markets, so I don’t want to mess about with FOREX.
any updates? most requested feature according to the new poll.
Totally agree and fully support this request.
It will help to decouple stocks investment performance from forex up and downs.
Great that T212 team is working on this!
Multicurrency account will make investors invest even more, I am sure.
I am relatively new here but been tracking this threat since made my first sell on T212 and received some dividends from US stock on the FX decline (my account base currency is CHF). Seeing/having the FX impact when you want to reinvest again in the foreign stock of the same currency is kind of demotivating and impacts overall investing strategy.
Would very much like to see multicurrency option and hope it is on the horizon. This would definitely make the platform more interesting and would convince more investors to jump in.
@David I like your active involvement on the community. Is there any chance you could give us all some hope updates?