FUND MY ACCOUNT

To transfer your ISA Account from your current ISA provider to IBKR please use the button above or log in to Client Portal and follow the steps:…

A ISA account transfer to another ISA provider must be requested at the receiving ISA provider. Please contact the ISA provider you wish to have your account transferred and ask them to contact us via email at isa-transfer@interactivebrokers.com…

General Information

This FAQ does not apply to JISAs (Junior ISA Savings Accounts).  For JISAs please refer to the JISA FAQ…

Please refer to the Transaction Status and History page of your account to track the progress of your transfer. The progress bar will guide you trough each step of your transfer with relevant notes and highlight at which stage your transfer is at this time…

UPDATE COST BASIS FOR TRANSFERRED SECURITIES

The cost basis information associated with ISA transferred positions (e.g., acquisition date and price) will not be automatically provided from the delivering institution during your ISA Account Transfer. Client will have to update the cost basis in Client Portal if required. Please reach out to the delivering institution in case confirmation of cost basis for the transferred positions is required. If the cost basis is not updated, then positions will be assigned with default cost basis values where the acquisition date is set to the date of transfer and the cost to the closing price of the security on the date of transfer…

Key Success Tips

Ensure all information matches exactly between your IBKR account and your current ISA provider. Pay particular attention to your account number format - enter it precisely as shown on your account statements. Always check with your existing ISA provider about their specific transfer requirements and complete any necessary steps on their end promptly…

ISA transfer can reject due to:

• Mismatch in account format entered.
• Mismatch in account information on record (Name, Address (postal code), Date of Birth and NINO)…

ISA providers may reject transfer requests if the Name, Address (postal code), Date of Birth and NINO number on records are not identically. Please ensure you update your account information in case of any mismatch to avoid rejections…

You can only open an IBUKL ISA account if you are a full tax resident of the United Kingdom with a National Insurance Number…

ISA transfer should take from a few business days to 30 Calendar days.

Please Note…

ISA account must be individual accounts in accordance with HMRC ISA guidelines at this time.

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Interactive Brokers will automatically convert currencies when trading non-GBP denominated securities. To do this, Interactive Brokers will engage in “spot” currency transactions on your behalf in order to settle your buy orders or convert the proceeds of a sell order. For opening orders Interactive Brokers will base the exchange rate off the spot exchange rate at the time of trade plus our 0.03% fee. For closing orders any non GBP balances will be closed at the end of the trading day at the closing exchange rate of the day plus our 0.03% fee…

Depending on your ISA provider, IBKR may offer "In Species/Position Transfers" or "Cash only transfers". You will be able to see which transfer type we offer for your provider by logging into Client Portal…

You can view the IBUK ISA accounts by following these steps in the Client Portal:

1. Log into Client Portal
2. Click Performance & Reports followed by Statements under Reports…

Under a stocks and shares ISA you can invest in any of the following investments (also known as 'qualifying investments'):

• Shares;
• Securities issued by Companies;…