Which Moneyfarm accounts accept US citizens
Last checkedMoneyfarm has been checked for US citizens across 6 account types. 5 are closed to a US person and 1 is not on offer, whatever your nationality.
At a glance
| Account type | Verdict | Accounts | Updated |
|---|---|---|---|
| Cash ISAs | Declines US citizens | — | |
| Stocks & shares ISAs | Declines US citizens | — | |
| Brokerage accounts | Declines US citizens | — | |
| SIPPs | Declines US citizens | — | |
| Junior stocks & shares ISAs | Declines US citizens | — | |
| Junior SIPPs | Not offered | — |
Cash ISAs
Compare with other providersShut for two reasons, and the second one outlives the first. Moneyfarm decided not to accept further US persons as customers and names the FATCA reporting burden as the reason, counting citizens, green card holders, people born in the States and dual nationals. Separately, this is not a deposit account: the money sits in qualifying money market funds, so even if the door opened it would be a fund holding and a PFIC on your US return, which is the opposite of what a cash ISA is for.
FSCS £85,000 · app and web · held in qualifying money market funds, not on deposit
Source: Moneyfarm FAQ, 'I am a US Citizen, can I invest with Moneyfarm?', 2026-08-24 (opens in a new tab) Moneyfarm's own page (opens in a new tab)
Brokerage accounts
Compare with other providersWorth reading as a warning about how these bars are published. Moneyfarm's account opening clause carries no US person test at all, so the contract alone would tell you the door is open. Its FAQ closes it: Moneyfarm decided not to accept further US persons as customers, counting citizens, green card holders and anyone born in the States. Only people who opened before March 2021 are carried on, and only while they live in the UK.
FSCS £85,000 investment cover · app and web
Source: Moneyfarm FAQ, 2026-08-24 (opens in a new tab) Moneyfarm's own page (opens in a new tab)
Moneyfarm stopped taking US persons in 2021 and names the FATCA reporting burden as the reason. Its definition catches citizens, green card holders, dual nationals and anyone born in the US.
FSCS £85,000 investment cover · app and web
Source: Moneyfarm FAQ, 2026-08-24 (opens in a new tab) Moneyfarm's own page (opens in a new tab)
Junior SIPPs
Compare with other providersMoneyfarm sells no pension for children: its product navigation lists a Pension (SIPP) for adults and a Junior ISA, with no junior or child pension between them. The same client-eligibility bar that stopped new US persons in 2021 would in any case catch the parent who would open it.
Source: Moneyfarm site navigation and main FAQ, 2026-09-11 (opens in a new tab) Moneyfarm's own page (opens in a new tab)
Account names link to the provider's own site. No link on this page is paid. How Momo makes money. Every institution, A to Z.
Why this is the rule
PFIC
Almost every UK-domiciled fund is a PFIC, taxed by the US at punitive rates with heavy filing. This is why US citizens hold individual shares, not UK funds.
TaxISA US tax
The IRS does not recognise the ISA wrapper. Cash ISA interest and stocks ISA gains are taxable on your US return, and fund holdings drag in PFIC rules.
TaxFATCA
Do UK banks report your account to the IRS? Yes, through HMRC, under FATCA. It is a reporting law, not a tax. Where it bites is access.
TaxSIPP US tax
The US Treasury reads the treaty as leaving UK SIPP growth untaxed until drawn; the treaty's wording is narrower. Contributions, growth and drawdown explained.