Hello - I have a stocks and shares ISA with IG for tax year 2019/2020. I wanted to open a new stocks and shares ISA with IG for the new tax year which has just started (2020/2021). However, whenever I go to Add Account and click on ISA, it gives me the following error message: "You've reached the maximum number of self-managed stocks and shares ISAs you can have with IG".
Is it that I can only ever have one stocks and shares ISA per provider? I understand I can only open one stocks and shares ISA per tax year, but why can't I open a new one in a different tax year with IG if I already have one in a previous year with IG? If I wanted to open a stocks and shares ISA every tax year to take advantage of the allowance, is it that I have to use a different provider each and every time? That seems a bit ridiculous.
Any info would be greatly appreciated!
Thanks,
Ian.
