FAQ

What is an ISA?

An ISA (Individual Savings Account) is a UK account that lets you save or invest tax‑free. Returns inside an ISA (interest, dividends and capital gains) aren’t taxed, and you don’t normally report them on your tax return. For the 2025/26 tax year, you can pay in up to £20,000 across all your ISAs (Cash, Stocks and Shares, Innovative Finance and Lifetime ISAs).

Do you offer a cash ISA?

Yes we do! Check out our Cash ISA page for more information.

What is the difference between the DIY ISA and a Managed ISA?

With a Managed ISA, your portfolio is created and managed for you by a team of experts. You will get a globally diversified portfolio matched to your goals and personal risk profile, backed by smart technology and human expertise. Moneyfarm’s Asset Allocation team monitors and regularly rebalances your ISA to maintain its optimal structure. Your ISA portfolio will stay aligned with your personal risk profile and investment goals.

With a DIY ISA, you pick your own investments – choosing from over 1,000+ stocks, ETFs, bonds and mutual funds. This gives you full control to choose and manage your own investments within your ISA wrapper. The DIY ISA allows you to personalise your portfolio, to align with your values and financial goals.

What is the difference between a Stocks and Shares ISA and a Cash ISA?

The difference between a Stocks and Shares ISA and a Cash ISA is the way in which your money grows and the risk you take. Our Cash ISA a Qualifying Money Market Fund (QMMF) which holds mainly short-term, low-risk financial assets, aiming to maintain a stable value; it is designed to keep your cash while earning a bit of interest. It is called “qualifying” because it meets certain regulations that allow them to be considered as cash equivalents. A Stocks and Shares ISA is an investing account for shares, ETFs, funds and bonds. You might consider a Cash ISAs for short‑term goals; consider Stocks and Shares ISAs for 3–5+ years. Both are tax‑free in the UK, with a £20,000 allowance for 2025/26.

Can I transfer my Stocks & Shares ISA to eToro?

Yes, you can transfer ISAs (including Stocks and Shares ISAs, Cash and other managed ISAs), but the assets will be sold and transferred as cash to be invested by you into your new portfolio or stocks of choice, not the original stocks.

Is Moneyfarm regulated?

Yes, Moneyfarm is authorised and regulated to give investment advice and provide a discretionary service by the Financial Conduct Authority (FCA) no. 629539. Details of their authorisation can be found on the Financial Services Register here.

Where is my money held?

As an investment firm authorised and regulated by the FCA, Moneyfarm is obligated to segregate client funds and assets. This means that your money and investments are held separately from Moneyfarm’s own bank account and cannot be mixed with their own funds.

Moneyfarm believes that the safest way of looking after your investments is to appoint a custodian bank which holds your money and the investments we purchase on your behalf, with a reference number unique to you. Moneyfarm holds your money and investments using carefully selected, regulated financial institutions such as Barclays and Saxo Capital Markets UK Ltd, and Moneyfarm ensures that these institutions meet the relevant criteria to keep your money safe.

Your funds are covered by the Financial Services Compensation Scheme (FSCS). In the event of the firm’s failure, Moneyfarm is covered by the FSCS in relation to investment products which means you would be eligible to claim up to £85,000 (across all brands operating under MFM Investment Ltd) if there was any shortfall in the assets held for you, or if you had another claim against Moneyfarm relating to your investments.