Updated September 28, 2026 · SumCue Editorial Team
InvestEngine vs Moneyfarm
InvestEngine
Moneyfarm
Higher score in this comparison
Where InvestEngine and Moneyfarm differ
| Compare | InvestEngineReviewSee alternativesSee alternatives | MoneyfarmReviewSee alternativesSee alternatives |
|---|---|---|
| Minimum deposit | £100Lower | £500 |
| Stock trade fee | £0Lower | £3.95 |
| Markets | ETFs | Stocks, ETFs, Bonds, FundsCovers more |
| Regulators | Financial Conduct Authority (FCA) | Financial Conduct Authority |
| Deposit and withdrawal fees | Free | Free deposits and withdrawals |
| Account types | ISA, SIPP, CorporateCovers more | ISA, SIPP |
| Account fee | £0 | Not confirmed |
| Currency conversion fee | Not confirmed | 0.7% |
| Platforms | Web, iOS, Android | Not confirmed |
| Interest on cash | 0% | Not confirmed |
Same on both: Investor protection (FSCS up to GBP 85,000).
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.
Key differences
- Moneyfarm scores higher overall: 9.1 vs 8.7.
- Regulators: only InvestEngine offers Financial Conduct Authority (FCA).
- Regulators: only Moneyfarm offers Financial Conduct Authority.
- Moneyfarm is available in 1 more country.
- Minimum deposit is lower at InvestEngine: £100 vs £500.
- Stock trade fee is lower at InvestEngine: £0 vs £3.95.
- Markets: only Moneyfarm offers Stocks, Bonds, Funds.
- Account types: only InvestEngine offers Corporate.
- Support channels: only Moneyfarm offers Phone, Chat.
- Pricing model: only InvestEngine offers Commission free.
Our verdict on each
InvestEngine
InvestEngine suits UK beginners who want a small, set-and-forget ETF pot with nothing charged for holding or trading. The account fee is £0, the minimum deposit is £100 and the only recurring charge is a management fee of 0.25%. The trade-off is that you hold ETFs and nothing else.
Moneyfarm
Moneyfarm suits UK savers who want a managed portfolio or a Cash ISA under one brand, and it charges a management fee of 0.1% to 0.45% rather than nothing. The trade-off is a £500 starting amount and a £3.95 charge on stock trades.
Score breakdown
| Area | InvestEngine | Moneyfarm |
|---|---|---|
| Cost | 9.0 | 9.2HigherA management fee of 0.1% to 0.45% a year plus £3.95 per stock trade, while the site median is 0.35%. |
| Offer | 8.8Account fee of £0, stock trade fee of £0 and a minimum deposit of £100. | 9.7Higher |
| Trust | 8.3 | 8.7Higher |
How they place
| Ranking | InvestEngine | Moneyfarm |
|---|---|---|
| Investing | 298 of 654 | 172 of 654 |
| Stock and ETF brokers | 217 of 358 | 128 of 358 |
| Robo-advisors | 92 of 154 | 46 of 154 |
| Stocks and shares ISAs | 15 of 25 | 6 of 25 |
| Pensions and SIPPs | 11 of 23 | 4 of 23 |
Every fact side by side
| Fact | InvestEngine | Moneyfarm |
|---|---|---|
| Features | Fractional shares, Mobile app | Not confirmed |
| Pricing model | Commission free | No monthly fee |
| Audience | Beginners | Not confirmed |
| Legal entity | InvestEngine (UK) Limited | MFM Investment Ltd |
| Headquarters | United Kingdom | United Kingdom |
| Founded | 2019 | Not confirmed |
| Support channels | Email, Help centre | Email, Phone, Help centre, ChatCovers more |
Robo-advisors
| Fact | InvestEngine | Moneyfarm |
|---|---|---|
| Management fee | 0.25% | 0.1% to 0.45%Lower |
| Minimum investment | £1Lower | £500 |
| Portfolio types | ETF | ETF, ESG, Cash, CryptoCovers more |
Savings
| Fact | InvestEngine | Moneyfarm |
|---|---|---|
| Headline rate | Not confirmed | 3.87% |
| Rate type | Not confirmed | Variable |
| Deposit protection | Not confirmed | FSCS up to GBP 85,000 |
| Access terms | Not confirmed | Flexible Cash ISA: up to 3 withdrawals or transfers out per year, top up anytime |
| Monthly fee | Not confirmed | £0 |
| Account kind | Not confirmed | ISA |
Where each stands against the rest
| Fact | InvestEngine | Moneyfarm | Median |
|---|---|---|---|
| Minimum deposit | £100above the median | £500highest quarter | £15 |
| Stock trade fee | £0at the median | £3.95above the median | £0 |
| Account fee | £0at the median | Not confirmed | £0 |
| Currency conversion fee | Not confirmed | 0.7%above the median | 0.4% |
| Interest on cash | 0%lowest quarter | Not confirmed | 2.875% |
Median across 77 listed providers.
Pros and cons
InvestEngine
Pros
- No account fee at £0 and no stock trade fee at £0
- Fractional shares and a mobile app let you invest small amounts regularly
- Choose from ISA, SIPP and corporate accounts
Cons
- A management fee of 0.25% still applies, unlike a free commission-free brokerage
- Markets are limited to ETFs, so individual shares are not an option
- Support runs on email and help centre only, with no phone line
Moneyfarm
Pros
- The monthly fee is £0, so there is no monthly account charge to plan around.
- The Cash ISA pays a variable rate of 3.87%, where the site median is 3%.
- Money in and out is listed as Free deposits and withdrawals, so no charge applies to funding or taking money out.
Cons
- Trading is a paid extra: a stock trade costs £3.95, where the median across the site is €0.
- The minimum investment of £500 sits well above the typical starting amount on the site, which is €25.
- The management fee of 0.1% to 0.45% runs every year, where eToro and Empower Personal Dashboard list fees of 0% and 0%.
Who each suits
InvestEngine
Who it suits
- Beginners who want to start small and add to the same pot each month
- Savers putting money into an ISA or SIPP for the long term
- Anyone who would rather hold a diversified basket than pick single shares
Who should look elsewhere
- Traders who want to buy and sell individual shares
- Anyone who wants to speak to support by phone, since support runs on email and help centre only
Moneyfarm
Who it suits
- People who want a variable Cash ISA paying 3.87% alongside a managed portfolio, and who are comfortable with a management fee where eToro lists 0%.
- Investors holding £500 or more who want both ISA and SIPP options, with the minimum investment at Axos Invest set at $100.
- Readers who care more about a free monthly fee and free deposits than about a fee-free management platform, since Empower Personal Dashboard lists a management fee of 0%.
Who should look elsewhere
- Anyone who will not pay a management fee, since eToro and Empower Personal Dashboard list fees of 0% and 0%.
- People who need a smaller opening amount than £500, who may find the $100 minimum investment at Axos Invest a closer fit.
- Savers who want a rate locked for a term, since the Moneyfarm Cash ISA is variable and follows the market.
Country by country
| Country | InvestEngine | Moneyfarm |
|---|---|---|
| Italy | No | Yes |
| United Kingdom | Yes | Yes |
Questions about each
InvestEngine
What does it cost to hold an InvestEngine account?+
The account fee is £0 and the stock trade fee is £0, so there is nothing charged for keeping the account open or for dealing. The one recurring cost is a management fee of 0.25% on the money you hold. Deposits and withdrawals are free.
What is the smallest amount I can invest?+
The minimum deposit is £100, and the smallest investment the platform advertises is £1. Fractional shares are supported, so you can hold a slice of a fund rather than a whole unit. That keeps the starting point low even though the opening deposit is set higher than at many rivals.
Moneyfarm
What does Moneyfarm charge for managing my money?+
Moneyfarm charges a management fee of 0.1% to 0.45% a year on the ISA and SIPP accounts, which is the main ongoing cost. The monthly fee is £0, so there is no monthly account charge. eToro, by contrast, lists a management fee of 0%.
What rate does the Moneyfarm Cash ISA pay?+
The Cash ISA pays a headline rate of 3.87%, and the rate type is variable, so the figure tracks the market rather than being locked for a term. For context, the site median is 3% and the upper quartile is 4.15%.
Other options to compare
Other matchups
InvestEngine
Moneyfarm