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Mihaela Maior

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Review of the Moneyfarm, General Investment Account:

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Great service for a stocks&shares ISA

I have been using Moneyfarm for a while now initially to try out the stocks and shares ISA. After trialling I decided to invest more in the ISA they provide as it had reasonable returns and the UI is clear enough to help me determine how much I have left to invest. The only issue I have with the service is that the transfers take a long time, whether it's a top-up or a withdrawal, you have to wait multiple days for this to take place and after the top-up it takes even longer for the investment to be made. Maybe there's a reason for this but from a simple user perspective, the waiting is considerable compared to other apps for savings. Reviewed on: 4th January 2022

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