What types of ISAs do you offer?
We offer flexible stocks & shares ISAs which allow you to invest in shares, funds, and IG Smart Portfolios. Regretfully, we do not offer cash, junior or lifetime ISAs.
Flexible stocks and shares ISAs allow you to withdraw some of the money invested in your ISA and reinvest it at a later date, without reducing your total allowance which is £20,000. For example, if you’ve subscribed your full allowance of £20,000 and then decide to withdraw £5000, your remaining ISA allowance would be £5000.
This also works for any ISAs you have from previous years. For example, if you have ISAs totalling £200,000, you could withdraw the full £200,000 and replace it within the same tax year without affecting your remaining allowance. When replacing this cash, money put returned is first used to replenish the previous year’s allowances before finally replenishing the current year.
When opening an ISA with us, a share dealing account is created to act as an admin account. For example, when stocks are no longer ISA eligible or suspended, they would need to be moved to your share dealing account.
Please note it is not IG’s responsibility to ensure ISAs aren’t oversubscribed. For more information, you can visit the HMRC’s website.
Find the best provider for you:
| Provider | IG | Hargreaves Lansdown | AJ Bell | Interactive Investor |
| Standard commission rate on US shares | Free* | £11.95 | £9.95 | £5.99 |
| Standard commission rate on UK shares | £0 | £11.95 | £9.95 | £5.99 |
| FX conversion fee applied to international shares | 0.7% | 1% | 1% | 1.5% |
| Commission on trades placed by phone | £40 for UK shares, £50 for US share | 1% of the trade value: min £20, max £50 | £29.95 | £49 |
*Other fees may apply
Data taken from competitor websites, correct at 20/03/2023
Remember our share dealing account doesn’t just stand out on price: our pricing and execution technology helps you find the best available price on every trade, and our integrated analysis tools keep you ahead of the curve.
For more information on buying shares with IG, take a look at our share dealing page.
1FX conversion fee is based on a £5,000 trade. For relevant transactions, we will convert currencies at the time of execution based on the best available bid / offer exchange rates, plus our spread of 0.7%.
