Hi I already have an Invest account so will i be able to open an ISA account on the 6th April? I guess i’m already approved so there should be no need for me to wait for T212 to process an application as a new user to their system. Sorry if this has already been covered or answeed elsewhere. @Tea…

You could be right. I had 3rd April in my head but couldn’t find the exact details

You are right. The FX fee for existing positions will begin to apply on 3.05.2021. For further reference: [image] Introduction of FX Conversion Fee in Invest & ISA Since the launch of our Invest and ISA services, our goal has always been to provide the best investing experience for free. T…

@Y.M What counts as an “existing position”. It is any bought before 3.04.2021, or only those bought before the announcement on 5.03.21? What happens if I bought shares in the same company at different dates: some before 5/3, others after 5/3 but before 3/4 and others after 3/4 but all get sold be…

@Richard.W “Existing positions” refers to positions opened prior to 03.04.2021 (on 2.04.2021 or before). No FX fee will be applied if they are closed in the period (03.04.2021 - 02.05.2021). Conversely, positions opened 03.04.2021 - 02.05.2021 will have an FX fee applied for both their opening…

Those who are currently have an invest account in US$ would you please inform the forum whether you manage to add an S&S in GBP. S&S ISA account will always need to be in GBP this has been confirmed by T212 and of course compliance with S&S ISA rule from HMRC. This will answer the question whether…

Thanks. Though that still leave me uncertain about what happens (which position is closed? LIFO? FIFO?) when Buy 10 AAPL 1/4/21 Buy 10 AAPL 6/4/21 Sell 5 AAPL 8/4/21 Any thoughts on my other question? [image] Richard.W: Will future History records be showing explicitly the markup on the fx …

While you are creating your account, you will be able to choose the currency of your Invest account. Adding an ISA account during the account creation or at a later point by associating it to your existing account will not affect the chosen currency, as ISA can only be created in GBP. On the other …

FIFO and LIFO are not applied on Invest/ISA since the bought shares are aggregated in one position and their price is averaged. Buy orders after 3.04 that are aggregating to an existing position opened prior to 3.04 will have an FX fee applied. On the other hand, sell orders for that position, even…

Hi @AHA you won’t get a new or 2nd ISA with T212. However your annual allowance will reset. You can continue to trade existing funds and that won’t count towards your 2021 allowance. You can only subscribe (put fresh money) into one S&S ISA in a year. As long as you don’t add fresh funds to your T2…

Openning an ISA Account

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Richard.W April 2, 2021, 1:42pm 20

Thank you. This is good to know. It is particularly good to know that the fx fee will be detailed separately as an item in Review order and History.

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Openning an ISA Account

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