To transfer your SIPP away from Freetrade, you will need to get in touch with your new provider to find out the details of how to do this - they will then contact us to kick off the process.
You should check with your new provider to see if there are any transfer fees associated on their end.
You can transfer out both UK & US stocks to your new provider - this does of course depend on your new provider, and there may be some restrictions.
There are no fees to transfer out UK holdings. For US transfers, processed via The Depository Trust Company , there is a fee of £17 per holding. This covers the processing charge of our external custodian.
When you transfer as cash you’ll be out of the market, so you may miss out on the ups and downs.
Please note that we're currently unable to transfer out EU holdings.
If you have any questions, be sure to reach out to us at [email protected] or drop us a message in-app!