Yes. You can transfer an existing Stocks & Shares ISA (or Cash ISA) to InvestEngine without losing your tax benefits, and it won’t use up your annual ISA allowance. Sign up or log in, choose the ISA you want to transfer into, and complete our online transfer form with your Trading 212 account details — we’ll then handle the admin with Trading 212 for you.
We are unable to process in-specie ISA requests from Trading 212 to InvestEngine. If you are comfortable, you may sell down your ETFs to cash and request a cash transfer. Requesting a cash transfer does mean your investment will be out of the market for the time it takes to complete the transfer and may have potential tax implications. Please consider speaking with a suitably qualified tax / financial advisor, InvestEngine does not provide financial or tax advice.
Always use the official ISA transfer process rather than withdrawing the money yourself, as withdrawing and re-paying in could use up your ISA allowance. A current-tax-year ISA must be transferred in full; partial transfers are only available for previous tax years’ ISAs, and as cash.
Capital at risk. ISA transfers may have implications for your investments — please consider all factors before deciding to transfer.