Is it possible to include the “Daily” option in AutoInvest?
Thank you.
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Hello, could you please explain your suggestion in details?
Currently the option of Savings plan is Weekly/Fort-Nightly/Monthly.
I would like an option of Daily invest savings plan into the portfolio using the available cash balance.
The markets aren’t open every day. Also you can auto invest cash which I assume could happen every day the market is open if you are depositing money daily.
When I meant daily, it was daily with all trading days and excluding holiday.
Money won’t be deposited daily, it is from the available amount from the cash account which is invested daily.
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How can you invest daily if you don’t deposit daily?
Where will this daily money to invest come from?
Example:
Say if I have deposited a cash of £1000 on 1st of the month.
I would like an option to invest this money daily(active trading days) do get a PoundCost Average.
Say around £50 daily which is invest for 20 days.
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Okay understood - fairly complex build item with little benefit.
Set up a daily standing order from your online bank and set auto invest on.
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No,
daily investment from the available cash balance in the IE account, rather than direct debit daily.
IE already has weekly/fortnight/monthly option.
Asking to add a Daily option. Most of the other platforms have this option.
Sorry, am I missing something? You are asking for IE to have a system whereby they extract £50 from your bank account everyday. What, exactly, is the difference between that and you setting-up a £50 daily standing order from your bank account into IE and also use the IE auto-invest feature? So far as I can see the latter system would do exactly what you require and you would be in control of when money is taken from your bank account.
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Yes, you have completely missed.
As explained before, the amount is deposited to IE cash balance on the 1st of the month.
From this cash balance a daily investment of a specified amount to a portfolio.
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So why not deposit the £50 each day and let auto invest do its job?
I appreciate that it is not ideal but, to me, it seems a reasonable workaround.
I suspect that IE have bigger priorities at the moment, such as accepting transfers of SIPPs, which currently do not have a workaround for customers.
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This is a request list, I am not asking to prioritise this.
And they already have other options of frequency, not that this is a complete feature addition, this is an enhancement of an existing feature.
Hi, I will forward your suggestion to our Development team, who will considers adding it to our roadmap. Please keep an eye on our socials to stay updated with the latest feature releases.
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I second this request, it’s easier for budgeting rather than the daily direct debit.
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Hi, thanks for getting in touch. I will chase our Development team regarding this request and we will let you know once there is any update.
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I would also like this option, to deposit daily/buy daily on IE. Trading 212 have this function as do Robin Hood. This enables a improved option for DCAing. 
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