Anna P rescued me and followed through with her promise to rectify what was a pending disaster. Anna communicated her intentions, kept me up to speed and notified me of her up and coming a/l giving... See more
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Moneyfarm è la piattaforma di investimento digitale che rende gli investimenti semplici, accessibili e adatti alle tue esigenze. Ti affianchiamo con soluzioni personalizzate: dai portafogli gestiti al conto titoli, ai piani pensione e assicurativi. Coniugando tecnologia avanzata e supporto umano, ti guidiamo in ogni momento, per aiutarti a costruire un futuro sereno per te e la tua famiglia.
90-92 Pentonville Rd, London, N1 9HS, London, United Kingdom
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Consistent growth of my funds and excellent communication and guidance

Reply from Moneyfarm
It appears this company does not like giving you your money back.
My experiece is typical of the numerous complaints on Trustpilot of deliberately delaying payments by failing to action transfers out for many weeks and ignoring requests for updates.
After 3 weeks delay and 2 ignored emails asking for an update I telephoned and quickly realised they had NOT DONE ANYTHING DURING THAT TIME. Like other reviewers I was quoted ''15 working days'' which they interpreted as time in which they needed to do NOTHING and once elapsed they would look at raising a request to start the process of recoveing the investments ''as soon as possible'' which was interpreted as at least a week or two.
I have transferred to numerous ISA providers in the past and the process is always quickly concluded in a matter of days.
Moneyfarm clearly has a Company policy of deliberate obscuration, delaying, lying and misleading its customers.
XXXXX Note to Moneyfarm Team XXXXX
Please do not reply with your usual smug response ''This is not the standard of service we expect to provide'' as the many dozens of 1 star reviews on this page prove otherwise that as in my case it is not poor service but NO SERVICE! This is intentional.
Start to do the decent thing and treat your customers with some respect.

Reply from Moneyfarm
The app is great and well designed, and the team are friendly and offer good customer service.... but their fees are so high. I wouldn't bother buying stocks through them, unless you are investing loads. The transaction fees are so high (£3.95 to buy, £3.95 to sell!!). For stocks, use Freetrade. For Stocks & Shares, pensions, GIA, I'd recommend Vanguard. I had a great start with Moneyfarm, but after a few years of a stagnating UK economy, nearly all my returns were used to pay their management fees, which is why I did the switch.

Reply from Moneyfarm
I set up two managed ISA's with MoneyFarm, for myself and also my wife. Over the year since the initial investment, the performance of the two ISA's has been significantly worse than the performance of other ISA's. We decided to change to another firm, by transferring the ISA. This process has been like drawing teeth, and has been going on for over two months, with MoneyFarm being chippy and unhelpful when I complained. They will also not give a definite transfer date - also unhelpful.
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I have read the response, which is more salad speak I am afraid. Why do I need to contact MoneyFarm, when the valid request for transfer is coming through the organisation that the ISA is being transferred to?
I see no reason for the delay in transfer - I have authorised it, the new organisation has validly requested it, but still no transfer or transfer date.
Next stage will be financial ombudsman - so unnecessary.......
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Finally obtained OUR money from this organsaition.
Customer service very chippy and nothing is ever their fault. Any valid criticism, is strenuously denied by them, and nothing proactively was done until I threatened to escalate the complaint.
It was a costly decision when we invested with this organisation, .........

Reply from Moneyfarm
Very slow responding to my previous manager for a transfer request. Now I would like to transfer away some of my S&S ISA, but I can't find a reference/account number to give to the new manager.

Reply from Moneyfarm
Moneyfarm is a great tool for my investments. I use it with my investment ISA. I like very much the market reports they produce.

Reply from Moneyfarm
Marie Mchutchison
I have been trying since end of January to cash in my pension. Called and emailed almost every week…..still waiting on the forms to be sent out.

Reply from Moneyfarm
I have been trying to transfer money (a pension) out of Moneyfarm for almost two months - no response from them, no way to contact them. They ignore email, chat messages, all of it.
I am concerned now there may be a real problem at this company. I will be contacting the regulator today.

Reply from Moneyfarm
Requested a transfer out of cash Isa on the 1st of April, still waiting! Supposed to take up to 15 working days. Well that time has passed! Ignored requests from new isa provider Contacted Moneyfarm on the 21st of April for update and was told would be processed “as soon as possible” requested a specific date for completion of transfer on the 22nd of April and was told on the same day they were actioning the transfer and to allow 3-4 day for the funds to reach the provider. Guess what still waiting and now stopped earning interest altogether. Forgive me if I am wrong but aren’t bank transfers instant? Never had a problem with transferring Isa’s to or from other providers. Quick enough to transfer the money in but try a get your money out that’s another matter. Will never use again or recommend to anyone.

Reply from Moneyfarm
I had difficulty with website. I couldn't find information to carry out a request. Couldn't get a drop-down list of options. Chatline also difficult to use as it was overlaid on the page and I couldn't erase it.
Had to phone customer services and finally got help quickly and issue was resolved, although made two phone calls before having success with my request. Very time consuming. Customer service agents were however helpful.
Had to phone Money Farm

Reply from Moneyfarm
Inciteful explanations of what factors are affecting our economy during very troubled times. Very good and timely updates when they re-balance your portfolio.

Reply from Moneyfarm
Me and my husband transferred our existing Cash ISAs to eToro Moneyfarm's account. Inspite of us filling 2 separate forms, the entire ISA balance was transferred to my account. I called them several times, but there is no direct access to the cash ISA team. The receptionist just takes the details and passes on the message. The cash ISA team does not call back. They don't even have a formal complaints process. This is pathetic and very bad customer service. As soon as I'm able to sort out this issue, I plan to take my money out as I'm not confident about this company.

Reply from Moneyfarm
I've been with MoneyFarm for over a year, and i was very happy with my stocks and shares ISA investment, and it certainly appears to be developing well.
However i made the error of thinking that moving my cash ISA to them was a good idea.
Unaware that the advertised rate was not applicable to me because i had an account open with them already, so when i moved money in i found i was getting 0.007% less than i expected.
So the long trawl of trying to get my money out...Because MoneyFarm is NOT a bank then you'll not have an associated account number & sort code. So for me to transfer my cash ISA to another provider then (provider 1) i need to visit a branch, fill out forms, and have that actioned, or (provider 2) have forms sent to me, fill them out, post them back.
It's really easy to transfer you cash ISA in, but a royal pain in the bahookie to get your cash ISA out!
Exercise caution if this is a step that you're taking.

Reply from Moneyfarm
would rate zero if i could, impossible to get hold of, £16,000 and £500 just disappeared into thin air and nobody responds, with the FCA now.

Reply from Moneyfarm

Reply from Moneyfarm

Reply from Moneyfarm
It's impossible to get hold of someone, occasionally they'll reply to an email. I tried to increase my payment but they said I had to cancel the DD and create a new one - I'm unable to do that as DD as set up by the supplier! I decided to take my money out and can't get them to answer me. I don't trust them and I would never recommend or use them.

Reply from Moneyfarm
Happy to have your money, but when it comes to transferring to another provider they are useless. Promised in an email to expedite the transfer as a matter or urgency and now told could take another week. This has been a horrendous experience 😕. Since the response from Moneyfarm below another week passed and still no transfer. Olivia the manager who doesn't speak to customers because she is far too important to deal with people keeping her in a job. Stop your BS and deal with the issue. I've missed my 28 day window to transfer to another provider. Do not trust this bunch of LIARS!!!!

Reply from Moneyfarm
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