Is it possible to open a second Stocks & Shares ISA on the Trading 212 platform ? If not, could you please clarify why not ? Having chopped and changed my Stocks ISA investments and strategy over the last 18 months, I would like to be able to ‘park’ my existing Stocks ISA account and invest into a …

[image] TooTallTone: Your bot says this is not possible. Given the recent ISA rule changes, I would just like to understand why not please. It’s on the HMRC website. You can only open one of each type per year. You also can’t open your 25/26 ISA until the start of the new tax year.

[image] Dougal1984: It’s on the HMRC website. You can only open one of each type per year. This rule has changed now. You can open as many as you like within the subscription limits. The providers choose whether they want you to have more than one account per platform though. There’s no manda…

[image] Scrooge_McCodf: This rule has changed now. You can open as many as you like within the subscription limits. Yes you are not limited to one provider each year for each type but it does not specify this also applies to multiple of the same type with the same provider.

I am familiar with the current ISA rules, thanks. What I’m hoping to get some clarification on is why, for the new tax year 2025/26 from April 6th, can I not open an entirely new Stocks and Shares ISA with Trading 212, to sit alongside my current Stocks and Shares ISA. There doesn’t seem to be anyth…

The following page on the HMRC website confirms that you can hold multiple ISAs of the same type in the same tax year: (See example three) [image] Individual Savings Accounts (ISAs) Types of ISA available, the tax-free ISA allowance, withdrawing money and transferring ISAs. …

[image] IrnBru: The following page on the HMRC website confirms that you can hold multiple ISAs of the same type in the same tax year: That wasn’t the OPs question but thanks, yes I do have several with different providers that give me access to different stocks :wink: OP should just use a P…

I already use pies to segregate my existing ISA account holdings. The issue is, if I simply create a ‘25/26’ pie containing any of the same constituent holdings, the average cost and rate of return values will continue to reflect all my cumulative holdings across all pies within the one ISA account…

Have you tried wallmine as a workaround so you can split your buys performance that way?

Hey, @TooTallTone :wave: I checked your communication with the chatbot, and the bot provided the correct information based on the asked question. Currently, you can open only one Trading 212 account and associate only one of each account type that we offer. This rule has always been in place and ap…

Thank you for the clarification. That all makes sense. Hopefully at some point in the future it will be possible to open an additional Stocks ISA. I do think there are merits and valid reasons why some users might like to hold multiple accounts.

Open another Stocks & Shares ISA

💡 Feature suggestions & ideas

Dougal1984 February 18, 2025, 7:26am 2

It’s on the HMRC website. You can only open one of each type per year.

You also can’t open your 25/26 ISA until the start of the new tax year.

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Open another Stocks & Shares ISA

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