Protection
FSCS
Up to £85,000
Min investment
£1,500
Max investment
£20,000
Access
Instant
Transfers in
Accepted
Who Is This For
Learn more about Moneyfarm- Those wanting easy access
- Savers happy with a £20,000 cap
- Savers who can deposit at least £1,500
Additional Info
Moneyfarm offers both fully managed portfolios based on your risk appetite and a DIY investing option where you select your own funds. Managed portfolios suit hands-off investors; DIY suits those who want to pick their own investments at a lower cost. Minimum £1,500 to open.
Available Investments
Managed Portfolios & DIY Investing
Please verify all details with the provider – for more info read our Disclaimer
Penny's Take
Moneyfarm suits investors who'd rather hand over the decisions than make them — the managed portfolio option builds and rebalances a diversified portfolio based on your risk appetite, with access to a human wealth manager at higher portfolio values. The all-in cost of around 0.91% for the managed service is noticeably more than a DIY tracker strategy, but you're paying for someone else to handle it. If you want to go DIY instead, Moneyfarm has that option too, though for pure DIY investing the other platforms on this list tend to offer more depth.