A user asked:
1) I am using my stocks ISA with moneyfarm. Can i use some other broker to invest in stocks using the remaining ISA limit
2) Can i use plus500 for using stocks isa
The short answer to both is no.
1. You can’t have two desperate ISA accounts in the same year. But you can set up a different one when the new tax year starts.
2. PLUS 500 don’t offer ISA accounts – but you can compare other stocks and shares ISA accounts here.
Richard founded the Good Money Guide (previously Good Broker Guide) in 2015 and has been a broker for 20 years most recently at Investors Intelligence and previously a multi-asset derivatives broker at MF Global (Man Financial). Richard started his career working as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson) after interning on the NYMEX oil trading floor in New York and London IPE in 2001 & 2000.