Moneyfarm

If I could put 0 stars I would, I was with WealthSimple until they left the UK and transferred my account to MoneyFarm. After more than a year with them I have never been in profit, every dividend I got was chalked out by their fee, make more dividend, they charge more fees. Every time it looked like I was about to be in profit, they would sell my stock and by different stock putting me back into the red further. Avoid.
Feb 6th, 2023

Very poor service, and very poor returns. My investment has lost over 7% (plus fees!) this year- with a 14% official inflation rate, its been a really bad place to keep savings. Theyve projected something like a growth of around 6% over a 5 year period- useless against inflation.
Feb 5th, 2023

Since having to transfer from another company, my investment hss not improved and down by 1k. It rarely budges from that figure. My other Investment ISA has improved and definitely a far better investment than Money Farm.
Nov 7th, 2022

Remember people that before you part with any money that this company along with the vast majority of the other set-up s offering a similar service are in the main UNREGULATED!.... the high street retailer Poundland has to adhere too stronger regulations!, ....the FCA are a completely toothless entity.
Oct 7th, 2022

Bad performance. I had a call appointment and they never called me. There's no option to close the account from the web or the app, that's not a good sign.
Jun 27th, 2022