Transferring to other providers

Before transferring, check if your new provider can accept and hold your current investments.  If they can, you’ll be able to transfer any whole UK or US instruments as stocks, without having to sell them first.

If they can’t accept them, you’ll need to sell them and transfer them as cash. Same goes for any fractions of shares.

When you transfer as cash you’ll be out of the market, so you may miss out on the ups and downs during your transfer.

We don’t charge you to transfer UK securities away from us. However, to cover our service provider’s fees, we do charge £17 per holding to transfer out US securities.

For UK and US securities, you can choose to transfer out as cash if you’d prefer. You’ll need to do this for any fractions of shares.

To transfer non-UK and non-US securities away from Freetrade, you’ll need to sell them first and transfer the amount as cash.

And remember, when transferring as cash, you’ll be out of the market for the duration of the transfer. So you may miss out on the ups and downs.