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Online broker eToro is offering 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 (that’s £20,000 each tax year) to work and maximize the potential returns you make on your money, by shielding it from income tax, tax on dividends 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 & 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 for you, and each customer receives a designated investment consultant who can offer guidance.

The ISA is available to all verified, UK resident, eToro customers.

Everything you invest will count towards your eToro Club tier, so you could enjoy all the perks of a higher member tier now, while investing for your future.

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