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Moneyfarm: General Investment Account reviews

Name: General Investment Account
Rating: 4.82 (1836 reviews)

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4.81

Based on 1,836 reviews, last reviewed 17th Apr 2024

No new 5 star reviews

in the past 90 days

No new 1 star reviews

in the past 90 days

85%

14%

Latest highest rating:

5

Easy to use and easy to understand. Easy to use and easy to understand. Simple to invest with. Reviewed on: 17th April 2024

Latest lowest rating:

2

Like all farms more like to loose money than make... Like all farms more like to loose money than make money Reviewed on: 30th January 2024

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About this product

Take a look at our Moneyfarm reviews to see what our community is saying about Moneyfarm’s online investment service. Already used Moneyfarm? Leave your own review to help our community better manage their money. With your help, we're changing financial services for the better.

Moneyfarm General Investment Account reviews (1836)

Review of the Moneyfarm, General Investment Account:

Good experience easy and quick prosessing easy acce...

Good experience easy and quick prosessing easy access with account easy to talk to staff understood investment better and appreciate it better I have taught my friends and family about investments Reviewed on: 15th April 2024

great timely and relevant communication with sound p...

great timely and relevant communication with sound performing investments Reviewed on: 17th January 2024

great online platform, great market insights

great online platform, great market insights Reviewed on: 17th January 2024

Incorrect and incomplete consolidated tax certificates

The annual consolidated tax certificate provided by Moneyfarm for GIA accounts contains incorrect and incomplete information. It is incorrect because it fails to account for capital gains tax rules when selling and buying back shares within the same 30 day period. It is incomplete because it does not include details of "excess reportable income" which every GIA hold needs to report on their tax return. Moneyfarm customer service team kindly offered to calculate and provide this information. However, they did not calculate it correctly (failing to follow the actual tax rules for how this is calculated). They had 3 attempts at getting it right and each time I had to explain to them why their calculations were incorrect. Eventually I gave up and calculated it myself. It takes several hours of effort to calculate this. Every Moneyfarm GIA customer needs to do this. In comparison, other "do it all for your" portfolio management platforms calculate and provide this information correctly. Reviewed on: 17th January 2024

They have a great platform for me to view my investm...

They have a great platform for me to view my investments which is transparent and easy ways to access speaking to an advisor or getting support. Transferring money is easy both ways. I’ve been using them for a couple of years now and in comparison to other investment companies they are better. Reviewed on: 17th January 2024

Moneyfarm gets a 10/10 for me!

Moneyfarm is incredibly easy to set up and use. I appreciate the regular updates on my portfolio as well as insight into relevant industry news. I very much feel that my money is in safe hands. I have been impressed with the performance of my portfolio since I set it up years ago. Reviewed on: 17th January 2024

Whenever I call MoneyFarm they are helpful and clear...

Whenever I call MoneyFarm they are helpful and clearly communicate with me. I always feel that they are solutions driven and happy to talk for as long as needed to explain any of my questions. Reviewed on: 17th January 2024

Very good product with excellent service and value f...

Very good product with excellent service and value for money Reviewed on: 17th January 2024

Good investment product.

Good investment product. Simple to use and good returns. with an excellent online app. I would highly recommend this company. Which I have enjoyed investing with. Reviewed on: 17th January 2024

I’m generally very happy with Moneyfarm

I’m generally very happy with Moneyfarm Reviewed on: 17th January 2024

6 Years with Moneyfarm

Amazing experience been with them for 6 years Reviewed on: 17th January 2024

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