Money Farm Ltd has been flagged by Ontario Securities Commission for "Unregistered/Unlicensed entity offering financial products or services". Money Farm Ltd found at http://moneyfarmltd.com/, moneyfarmltd.proxy-77.com and fin-eu.moneyfarmltd.com is not registered in Ontario to engage in the business of trading in securities. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Money Farm Ltd offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Professional team|High security standards|Competitive fees
Cons: Limited cryptocurrency options|Minor UI glitches occasionally
The mobile app from Money Farm Ltd is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Educational resources|Wide product range|Professional team|Fast support response
Cons: Limited social trading features|Live chat only during business hours