Jump to content
How to flag inappropriate content ×

Moving shares to ISA

SanAry

Recommended Posts

dex47 Occasional Contributor

dex47

Posted
Posted

I have just been asking the same question and IG will do it for you but at extortionate charges. Your best bet if you have some funds available is to buy shares for your ISA in a particular company when the price is low (about now) and then wait your time to sell your shares in that same company in your ordinary account when the prices rise (who knows) and you have got to stand the cost in the meantime. If you dont mind taking a hit you can do both transactions on the same day and if the price hasnt altered much on the day you will just miss out by the cost of the spread. If you cant afford to stand the money out you would have to sell your ordinary shares and wait 2 days for clearance before you buy the new ones into your isa account but if the price has gone up you might catch a cold. There is nothing to stop you selling your ordinary shares and putting the proceeds into your isa and waiting for a good price before buying the same shares. If they have gone up in the meantime it will cover your costs. good luck

  • Like 2
Link to comment
SanAry New Contributor

SanAry

Posted
  • Author
Posted
27 minutes ago, dex47 said:

I have just been asking the same question and IG will do it for you but at extortionate charges. Your best bet if you have some funds available is to buy shares for your ISA in a particular company when the price is low (about now) and then wait your time to sell your shares in that same company in your ordinary account when the prices rise (who knows) and you have got to stand the cost in the meantime. If you dont mind taking a hit you can do both transactions on the same day and if the price hasnt altered much on the day you will just miss out by the cost of the spread. If you cant afford to stand the money out you would have to sell your ordinary shares and wait 2 days for clearance before you buy the new ones into your isa account but if the price has gone up you might catch a cold. There is nothing to stop you selling your ordinary shares and putting the proceeds into your isa and waiting for a good price before buying the same shares. If they have gone up in the meantime it will cover your costs. good luck

Thx. Good advice. Do you know how much would IG charge?

Link to comment
Guest dex47

Guest dex47

Posted
Posted
6 minutes ago, SanAry said:

Thx. Good advice. Do you know how much would IG charge?

For EACH share maximum £30 spread and £60 charges Yes £60

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Go to topic listing

  • image.png

  • Posts

    • iamcryptic
      Cats TGE is close, alternative ways to participate in the ecosystem asides airdrop

      By iamcryptic · Posted

      Hi guys, happy weekend! Cats TGE is getting closer, and a lot of exchanges have rolled out opportunities for users to make the most of it, especially for those who didn’t farm. I’ll be focusing on Bitget Launch Pool since I just locked some BGB.   Here’s the deal: for those who didn’t meet the requirements for the official airdrop, you can still participate in the ongoing launch pool. You can stake BGB or USDT and earn some CATS. The last time I checked, the APR was in triple digits, and the pool ends in about 6 days.   Personally, I think this is a great opportunity to get involved in the Cats ecosystem. What do you think?
    • cryptomaga
      Get Ready for the $CATS Airdrop and Bitget Launchpool: Earn Big with Zero Gas Fees.

      By cryptomaga · Posted

      This gives more opportunity to users to earn more from this launchpool. 
    • Bash4j
      Get Ready for the $CATS Airdrop and Bitget Launchpool: Earn Big with Zero Gas Fees.

      By Bash4j · Posted

      Hey I wanted to share my excitement about the upcoming $CATS airdrop and the Bitget Launchpool event. If you're into crypto like me, you won't want to miss this! $CATS Airdrop Claiming First off, the $CATS airdrop is happening soon, and it's super easy to claim. Exchange like Bitget have partnered with Cats to offer a gas-free airdrop on Telegram. This means you can claim your tokens without worrying about those pesky gas fees! The tokens will be automatically credited to your account before the spot trading begins on October 8th, 2024, at 10:00 UTC. But that's not all! The ongoing Launchpool This is a fantastic opportunity to farm some extra tokens. The total distribution for this event is a whopping 19.5 billion $CATS tokens. If you've participated in Launchpool events before, you know how user-friendly and rewarding they can be. Why I'm Excited As someone who has been using the exchange for a while, I appreciate their transparency and the ease of use of their platform. The fact that they are making the airdrop gas-free is a huge plus. Plus, the Launchpool events are always a great way to earn some extra tokens with minimal effort. If you're as excited as I am, make sure to mark your calendars for these dates. Happy farming and trading, everyone!

Markets

Forex

Indices

Shares

Other markets

IG services

Spread betting

CFD trading

Share dealing

Trading platforms

Web platform

Trading apps

Advanced platforms

Compare features

About Us

How we support you

What we do with your money

How does IG make money?

Professional trading

Contact us

Post topic on Community

Browse Help and Support

Education on Academy

Tweet us @IGClientHelp

UK

IG | Sitemap | Terms and agreements | Privacy | How to fund | Cookies | About IG

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Professional clients can lose more than they deposit. All trading involves risk.

The value of shares, ETFs and ETCs bought through a share dealing account, a stocks and shares ISA or a SIPP can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results.

CFD accounts provided by IG Markets Ltd, spread betting provided by IG Index Ltd and share dealing and stocks and shares ISA accounts provided by IG Trading and Investments Ltd. IG is a trading name of IG Markets Ltd (a company registered in England and Wales under number 04008957), IG Index Ltd (a company registered in England and Wales under number 01190902) and IG Trading and Investments Ltd (a company registered in England and Wales under number 11628764). Registered address at Cannon Bridge House, 25 Dowgate Hill, London EC4R 2YA. IG Markets Ltd (Register number 195355), IG Index Ltd (Register number 114059) and IG Trading and Investments Ltd (Register number 944492) are authorised and regulated by the Financial Conduct Authority.

The information on this site is not directed at residents of the United States, Belgium or any particular country outside the UK and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

© 2003 - 2020

IG | Terms and agreements (UK) | Privacy (UK) | Cookies | Investors | Careers | Marketing partnership

×
×
  • Create New...
us