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Moneyfarm: General Investment Account reviews

4.83
Based on 1,903 reviews, last reviewed 21st Feb 2025
5800% increase in 5 star reviews
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Latest highest rating:

5

A very easy to use web and mobile apps, advisers ava... A very easy to use web and mobile apps, advisers available if you so wish. Performance of funds good and slightly better in some cases to rivals. Reviewed on: 21st February 2025
Clinton M's avatar
Clinton M

Latest lowest rating:

1

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 ... Read more Reviewed on: 17th January 2024
Alex P's avatar
Alex P

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 (1903)

Review of the Moneyfarm, General Investment Account:

The Money grows, but no heavy farmwork involved

5
Took advantage of the special opportunity to have 10 % guaranteed cash return after 6 months. This was reassuring as the Russian invasion of Ukraine had just occurred and markets were unstable. I had to do a recent withdrawal, more rapidly than a condom- less youth, for a medical bill. However, my stake was virtually preserved and the extra 10% really helped. Ideally, I would like to make another deposit when the times are right. Reviewed on: 9th June 2023

great online platform, great market insights

5
great online platform, great market insights Reviewed on: 17th January 2024

Incorrect and incomplete consolidated tax certificates

1
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...

5
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!

5
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...

5
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...

5
Very good product with excellent service and value for money Reviewed on: 17th January 2024

Good investment product.

5
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

5
I’m generally very happy with Moneyfarm Reviewed on: 17th January 2024

6 Years with Moneyfarm

5
Amazing experience been with them for 6 years Reviewed on: 17th January 2024

I've been with money farm for a number of years now...

5
I've been with money farm for a number of years now and despite unavoidable market dips, I see relatively good performance without a notable dent from their fees. Seems to be good value and progression. Reviewed on: 17th January 2024

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