Status of EEA resident holding accounts with UK platforms

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  • #16507
    Edward Ellul
    Participant

    What is the status of EEA residents holding an account with a UK based investment platform following Brexit?

    The investment company I am currently using has informed me that I need to close my account following Brexit but another UK-based company seems to be willing to accept EEA residents.

    #16555
    Roger Kemp
    Participant

    I have an account with Interactive Brokers and live in Spain so they’ve transferred my portfolio to a new Irish subsidiary they’vet set up specifically. Same login, same trading platform, everything went through smoothly.

    #16574
    Edward Ellul
    Participant

    Thanks Roger for this info. IG will only transfer spread betting and CFD accounts to IG Europe but not share dealing accounts. I plan to open an IB account and transfer to them

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