- Experts commend the Moneyfarm Investing App for its user-friendly interface and low-cost investment options, highlighting its risk-based portfolios and strong customer service ratings. However, they note limitations such as the absence of individual US shares and a restricted selection of stocks.
- Across 251 user reviews on Good Money Guide, averaging 4.3/5, customers frequently praise the app's ease of use, effective portfolio management, and responsive customer service. Conversely, a significant number express frustration over poor customer support and issues with fund transfers, with some reporting substantial financial losses due to these errors.
Moneyfarm Investing App Expert rating
Our expert rating is the average of the areas listed here, each scored out of 5 by our team.Our experts have rated Moneyfarm Investing App across five key areas of our review framework.
- Pricing5.0
- Market Access4.0
- Online Platform5.0
- Customer Service5.0
- Research & Analysis4.0
Pros
- Risk-based portfolios
- Low-cost investing
- Easy-to-use
Cons
- Limited amount of individual shares
- No US shares available
See full expert review
Our verdict
As a robo-advisor, Moneyfarm’s digital wealth management investing app makes personal investing simple as you don’t have to pick your own investments. You just decide how much risk you want to take. You can invest in any of the seven risk-based portfolios through a stocks and shares ISA, a pension or a GIA. Capital is at risk.
Is your Money Safe in the Moneyfarm App?
Yes, the Moneyfarm app connects to all your Moneyfarm accounts and lets you view your portfolio balance and performance while on the move. As Moneyfarm is a fairly passive investment account and not that complicated, you can also use the app for making deposits and choosing investment portfolios.
Fees
Moneyfarm investing account fees start at 0.75% for accounts between £500 and £50,000, then above £100,000 it costs 0.45% to 0.35%. Average investment fund fees are 0.2% and the average market spread when buying and selling is 0.10%.
What is the App Like to Use?
Customer reviews for Moneyfarm
Customer ratings come from reviews left on this site. Every review is read and approved before it is published.Based on 251 reviews
- Excellent62%
- Very good19%
- Basic10%
- Poor3%
- Bad7%
What customers like
- Helpful customer service
- Good interest rates
- Effective portfolio management
What customers dislike
- Poor handling of transfers
- Inadequate compensation offers
- Misleading information on fees
Read customer reviews
Intuitive access and good performance
I m very pleased wit their performance so far.
For me, they are an...
For me, they are an exceptional business and long may that continue. Enjoyed being part of the journey since 2017 and would highly recommend. Feel I am in very good hands when it comes to wealth management.Thank you!
very good
very good
The "human touch" when seeking...
The "human touch" when seeking general advice around products & how best to use those products .
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use them on line
use them on line
valid service for letting others...
valid service for letting others invest for you
Can't fault them for customer...
Can't fault them for customer service and investment advice
Outstanding platform for people who...
Outstanding platform for people who are new to investing. You receive a designated investment advisor who manages your portfolio and contacts you when opening your account to discuss your relevant experience of investing and investment goals. The customer service team is also immediately on hand if you need anything with their easy to use and functional app. Very happy I chose Moneyfarm as a new investor.
Very professional and reliable
Very professional and reliable
Happy to let Moneyfarm invest...
Happy to let Moneyfarm invest my savings.
Very good returns since 2011
Very good returns since 2011
5/5
Great customer service app easy...
Great customer service app easy to read and find what you want
Very happy with it
Very happy with it
An excellent service provided by...
An excellent service provided by Money farm since I've invested with them
Very easy to register on...
Very easy to register on their website. Comfortable and confident in their advice. Blogs Excellent, easy to read and understand.
Good performance
Good performance
Trustworthy, easy to understand, efficient
Trustworthy, easy to understand, efficient
Easy to use & cost...
Easy to use & cost effective