{"id":293848,"date":"2020-03-13T16:00:30","date_gmt":"2020-03-13T16:00:30","guid":{"rendered":"https:\/\/www.finder.com\/uk\/?p=293848"},"modified":"2025-11-28T15:16:22","modified_gmt":"2025-11-28T15:16:22","slug":"moneyfarm-vs-moneybox","status":"publish","type":"post","link":"https:\/\/www.finder.com\/uk\/share-trading\/share-trading-reviews\/moneyfarm-vs-moneybox","title":{"rendered":"Moneyfarm vs Moneybox"},"content":{"rendered":"

Moneyfarm<\/a> and Moneybox<\/a> are both robo-advisors<\/a>, this means that they invest on your behalf using automation (and sometimes real advisors). Now, no matter what knowledge on the subject, experience or money you have, you can try out investing.<\/p>

We\u2019ve compared Moneyfarm and Moneybox on their features, products, portfolios and costs. Find out who came out on top.<\/p>

Moneyfarm vs Moneybox: Vital statistics<\/h3>
\n \n
<\/th>\"Moneyfarm<\/a><\/td>\"Moneybox<\/a><\/td><\/tr>
Finder Score<\/th>7.6<\/span><\/span>Great<\/span><\/span><\/td>8.3<\/span><\/span>Great<\/span><\/span><\/td><\/tr>
Customer satisfaction survey<\/th>\u2605\u2605\u2605\u2605\u2605<\/span><\/span><\/td>\u2605\u2605\u2605\u2605\u2605<\/span><\/span><\/td><\/tr>
Fees score<\/th>6.7<\/span><\/span>Standard<\/span><\/span><\/td>8.8<\/span><\/span>Great<\/span><\/span><\/td><\/tr>
Stocks and shares ISA available?<\/th><\/use><\/svg><\/td><\/use><\/svg><\/td><\/tr>
<\/th>Go to Site<\/a><\/td><\/td><\/tr>\n <\/tbody>\n <\/table><\/div>

Moneyfarm and Moneybox are pretty similar when you look at the vital statistics. Both providers have stocks and shares individual savings accounts (ISA<\/a>) available to invest in. These let you invest up to \u00a320,000 tax free (in the 2026\/2027 tax year). <\/p>

The providers are also both protected by the Financial Services Compensation Scheme<\/a> (FSCS) which covers up to \u00a3120,000 of your deposits if the provider goes bust.<\/p>

In the Finder 2021 customer satisfaction survey<\/a> Moneybox customers thought that it had great service, that it was really easy to set up and liked its round ups feature. <\/p>

Meanwhile, Moneyfarm customers liked that it\u2019s easy to use, good value and great quality. <\/p>

Round 1: Products<\/h3>
\n \n
<\/th>\"Moneyfarm<\/a><\/td>\"Moneybox<\/a><\/td><\/tr>
Stocks and shares ISA<\/th><\/use><\/svg><\/td><\/use><\/svg><\/td><\/tr>
Lifetime ISA (LISA)<\/th><\/use><\/svg><\/td><\/use><\/svg><\/td><\/tr>
Interest on cash balances<\/th><\/use><\/svg><\/td><\/use><\/svg><\/td><\/tr>
Keep in mind<\/th>Capital at risk<\/td>Capital at risk<\/td><\/tr>
<\/th>Go to Site<\/a><\/td><\/td><\/tr>\n <\/tbody>\n <\/table><\/div>

Moneybox, which is the newer of the two platforms, comes out on top for products. You can invest in a stocks and shares ISA with both providers, as well as a private pension<\/a>.<\/p>

Moneybox also lets you invest in a lifetime ISA (LISA<\/a>). This lets you save up up \u00a34,000 per year for your first home or for retirement. The government contributes \u00a31,000 for every \u00a34,000 invested. Moneyfarm doesn\u2019t have this option, which may be a gamechanger if you\u2019re looking to buy your first home. <\/p>

Winner:<\/strong> Moneybox<\/p>

Round 2: Portfolios<\/h3>
\n \n
<\/th>\"Moneyfarm<\/a><\/td>\"Moneybox<\/a><\/td><\/tr>
Risk assessment quiz<\/th><\/use><\/svg><\/td><\/use><\/svg><\/td><\/tr>
Number of portfolios on offer<\/th>5<\/td>3<\/td><\/tr>
Ethical portfolios on offer<\/th><\/use><\/svg><\/td><\/use><\/svg><\/td><\/tr>
Managed portfolios on offer<\/th><\/use><\/svg><\/td><\/use><\/svg><\/td><\/tr>
<\/th>Go to Site<\/a><\/td><\/td><\/tr>\n <\/tbody>\n <\/table><\/div>

Moneyfarm has slightly more portfolios<\/a> on offer than Moneybox, but it\u2019s really just one option split over 7 risk profiles. Moneybox has two options split between 3 risk profiles.<\/p>

Moneyfarm has a risk assessment quiz. It takes a bit of time to complete and asks a series of questions about you, your savings, your goals, what you know about investing and how you feel about risk<\/a>. It gives you a really nice indicator to which portfolio matches you. With Moneybox, you simply choose a portfolio based on its description of the risks. <\/p>

Moneyfarm doesn\u2019t have any ethical portfolios to choose, something Moneybox does have. All the portfolios on both platforms are fully managed. <\/p>

Winner:<\/strong> Moneybox<\/p>

Round 3: Costs<\/h3>
\n \n
<\/th>\"Moneyfarm<\/a><\/td>\"Moneybox<\/a><\/td><\/tr>
Fees score<\/th>6.7<\/span><\/span>Standard<\/span><\/span><\/td>8.8<\/span><\/span>Great<\/span><\/span><\/td><\/tr>
Annual cost of investing \u00a310,000<\/th>\u00a3104.00<\/td>\u00a387.00<\/td><\/tr>
Annual cost of investing \u00a3100,000<\/th>\u00a3640.00<\/td>\u00a3762.00<\/td><\/tr>
Annual cost of investing \u00a31m<\/th>\u00a36,400.00<\/td>\u00a37,512.00<\/td><\/tr>
<\/th>Go to Site<\/a><\/td><\/td><\/tr>\n <\/tbody>\n <\/table><\/div>

Moneyfarm uses \u201ctiered charging\u201d which means that you are charged at different rates based on how much you invest.<\/p>

It charges 0.75% for investments up to \u00a310,000, 0.60% on investments between \u00a310,001 and \u00a350,000, 0.50% on investments between \u00a350,001 and \u00a3100,000 and 0.35% for investments over \u00a3100,000. There are also fund fees charged by the ETF providers of 0.20% and a market spread fee of up to 0.09%.<\/p>

Moneybox is slightly different. There\u2019s a \u00a31 per month fixed subscription fee (free for the first 3 months). As well as this, it charges a platform fee of 0.45% annually and between 0.12% and 0.30% fund provider fees.<\/p>

For Moneyfarm, we got these numbers off the website. It has a cost calculator that allows you to find out how much your investments will cost. If you want to check it out, head over there. Moneybox doesn\u2019t have a cost calculator, so this was worked out the old-fashioned way (\u00a345 platform fee + \u00a312 subscription fee + \u00a330 fund provider fees).<\/p>

Winner:<\/strong> Moneybox<\/p>

Round 4: Features<\/h3>
\n \n
<\/th>\"Moneyfarm<\/a><\/td>\"Moneybox<\/a><\/td><\/tr>
Features score<\/th>6.7<\/span><\/span>Standard<\/span><\/span><\/td>6.7<\/span><\/span>Standard<\/span><\/span><\/td><\/tr>
Desktop or web access<\/th><\/use><\/svg><\/td><\/use><\/svg><\/td><\/tr>
iPhone app<\/th><\/use><\/svg><\/td><\/use><\/svg><\/td><\/tr>
Android app<\/th><\/use><\/svg><\/td><\/use><\/svg><\/td><\/tr>
In-app news and research<\/th><\/use><\/svg><\/td><\/use><\/svg><\/td><\/tr>
In-app top-up<\/th><\/use><\/svg><\/td><\/use><\/svg><\/td><\/tr>
Keep in mind<\/th>Capital at risk<\/td>Capital at risk<\/td><\/tr>
<\/th>Go to Site<\/a><\/td><\/td><\/tr>\n <\/tbody>\n <\/table><\/div>

The main thing dividing these providers is that Moneybox is app only. You can\u2019t check your investments out on the big screen. In terms of everything else, they\u2019re both pretty similar. The apps are available on iPhone and Android, and you can top up and access news and research from both apps.<\/p>

Winner:<\/strong> Moneyfarm<\/p>

Round 5: Learning resources<\/h3>
\n \n
<\/th>\"Moneyfarm<\/a><\/td>\"Moneybox<\/a><\/td><\/tr>
Resources rating<\/th>\u2605\u2605\u2605\u2605\u2605<\/span><\/td>\u2605\u2605\u2605\u2605\u2605<\/span><\/td><\/tr>
Guides<\/th><\/use><\/svg><\/td><\/use><\/svg><\/td><\/tr>
Videos and walkthroughs<\/th><\/use><\/svg><\/td><\/use><\/svg><\/td><\/tr>
In-depth learning tools (training courses, etc.)<\/th><\/use><\/svg><\/td><\/td><\/tr>
Demo account<\/th><\/use><\/svg><\/td><\/use><\/svg><\/td><\/tr>
Advice<\/th><\/use><\/svg><\/td><\/use><\/svg><\/td><\/tr>
<\/th>Go to Site<\/a><\/td><\/td><\/tr>\n <\/tbody>\n <\/table><\/div>

Robo-advisors are usually just the start -investors tend to begin with some ready made portfolios then eventually move to choosing their own investments. A key stage between these actions is learning about investing. Moneyfarm has more opportunities to learn than Moneybox, with guides and videos available as well as a (paid for) advisory service. <\/p>

Moneybox does have some guides available, but that\u2019s all really. <\/p>

Winner:<\/strong> Moneyfarm<\/p>

Our verdict: Is Moneyfarm better than Moneybox?<\/h3>

Moneyfarm and Moneybox are both very similar platforms \u2013 they both invest on your behalf using information on your risk appetite and allow you to invest in a stocks and shares ISA, a personal pension and as a general investment. If you\u2019re looking for a lifetime ISA (LISA), this isn\u2019t something that Moneyfarm offers.<\/p>

Moneybox is an app-only platform, so if you want something that you can check out within your browser then you might prefer to use Moneyfarm.<\/p>

One major thing Moneyfarm has that Moneybox doesn\u2019t is the ability to give financial advice. Moneyfarm has a blend of automation and real advice, which means that you can ask an actual human being for help with your investments.<\/p>