The trading apps that let you put fractional shares in an ISA

HMRC is set to change ISA rules to include fractional shares in the tax wrapper. Here are the trading platforms and trading apps that support this.

Fractional shares investing on a smartphone
Fractional shares investing has become increasingly popular
(Image credit: Getty Images/NurPhoto)

Trading platforms have started letting investors put fractional shares in their ISA again ahead of an expected change in HMRC rules.

The taxman had been working with the Treasury and the Financial Conduct Authority (FCA) on changes to ISA rules since the end of 2023 amid the rising popularity of trading apps that let users purchase fractional shares through the tax wrapper. Current ISA regulations didn’t specifically permit portions of shares to be used in a stocks and shares ISA, raising fears that investors may have to sell their fractional share holdings from an ISA.

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Marc Shoffman
Contributing editor

Marc Shoffman is an award-winning freelance journalist specialising in business, personal finance and property. His work has appeared in print and online publications ranging from FT Business to The Times, Mail on Sunday and the i newspaper. He also co-presents the In For A Penny financial planning podcast.