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ISA transfer


RRock

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I have stocks and shares ISA with HL but they don let me buy some North American shares in USD (only CAD), so I would like to transfer part of my money from HL to IG (not all, because IG dont let me buy all the shares I can buy from HL...). Does anybody know does this work? Can I just transfer part of my money to IG and keep working with two ISAs? Thanks

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    • Hi @beck_l24 Thanks for reaching out,  When trading on a limited risk account you are required to place guaranteed stops on all of your trades. Using a guaranteed stop guarantees your stop level regardless of whether market gapping occurs. In the event of market gapping IG takes on the risk and will fund the slippage to guarantee your level. With this in mind when we perceive the market to be volatile we will increase min stop distances to reflect the level of risk that we are willing to take on in that period. Unfortunately you will not be able to avoid this on your account as it is expected behaviour when there is some volatility.  However you can reach out to helpdesk@ig.com.sg should you wish to enquire about upgrading your account from limited risk to standard. Standard account does not require guaranteed stops.  All the best,  Anda
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