Online broker eToro offers UK residents the eToro ISA powered by Moneyfarm.
An ISA (Individual Savings Account) is a tax-free savings or investment account that allows you to put your ISA allowance (which is £20,000 each tax year) to work and maximize the potential returns on your money by protecting it from income tax, dividend tax and capital gains tax.
Moneyfarm is a leading wealth management platform with over 100,000 users in the UK and Italy.
Moneyfarm offers automated portfolio management for stocks and shares ISAs. Based on your initial investment amount, goals, risk tolerance and time horizon, Moneyfarm creates a customized and diversified portfolio for you. The ISA is managed on your behalf and each client receives a designated investment adviser who can offer guidance.
The ISA is available to all verified UK resident eToro customers.
Everything you invest will count towards the eToro Club level, so you can enjoy all the benefits of a higher membership level now, while investing for your future.