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Prosper vs Moneybox: which should you pick?

Both are FCA-regulated and FSCS-protected. The real difference is fees, account types and how each platform feels to use. Verified against each provider’s published charges.

Fees verified July 2026. Capital at risk. Information, not financial advice.

The quick answer

Choose Prosper if...

Index fund investors who want the lowest possible total cost and are comfortable with a newer app.

Choose Moneybox if...

Beginners building a habit, and first-time buyers using the Lifetime ISA.

Which of these two fits you?

Tick what you need. No account, no email. The answer is on this page.

Account types you need

Tick what you need above and we'll tell you which of the two covers it.

Account availability verified July 2026. Capital at risk. Information, not financial advice.

What customers say

Prosper4.6

Early adopters praise the zero fees and responsive founding team; roughly 84% of reviews are five stars.

The review base is small and some users want more account types and a web version.

Read Prosper reviews on Trustpilot

Moneybox4.4

Users love the round-ups, the goal-based design and how painless it makes starting. 93% of customers surveyed in 2026 would recommend it.

The combined £1/month plus 0.45% is repeatedly flagged as expensive for small balances.

Read Moneybox reviews on Trustpilot

Fees side by side

FeeProsperMoneybox
Platform fee£0£1/month subscription plus 0.45% platform fee
Share dealingNot applicable (funds and ETFs)US stocks available, 0.45% FX fee
Fund dealingFreeFree (fund fees apply)
FX feeNone on GBP fund classes0.45% on US stocks
Stocks & Shares ISAFreeSubscription plus 0.45% applies
SIPPFree0.45% platform fee (0.15% above £100k), no subscription
WithdrawalsFreeFree
Minimum to startNo minimum£1

The longer view

Prosper's pitch is the cheapest total cost of ownership in the UK: no platform fee, no dealing fees, and refunded fund fees on a list of mainstream index funds. For a straightforward global tracker in an ISA or SIPP, the all-in cost really can be zero.

The counterweight is maturity. It is a young platform with a small (if very positive) review base and no individual shares. If that trade-off suits you, the price is unbeatable.

Moneybox is designed for getting started. Round-ups, weekly deposits and simple starter portfolios remove the friction that stops most people investing, and its Lifetime ISA is one of the most popular routes to a first home deposit.

The convenience has a price: £1 a month plus 0.45% is one of the higher fee stacks here once your balance grows. It is a great first platform, and many users graduate to cheaper ones later.

Prosper vs Moneybox: common questions

It depends on what you hold and how often you trade. Prosper's platform fee is £0, against £1/month subscription plus 0.45% platform fee at Moneybox. On dealing, Prosper charges not applicable (funds and ETFs) for shares and free for funds, while Moneybox charges US stocks available, 0.45% FX fee for shares and free (fund fees apply) for funds. Fees verified July 2026.

Other comparisons worth a look

Picked one? Here's the next question.

Prosper or Moneybox, the account is the easy part. What decides when you can retire is how much goes in and for how long. Delphina works that out from what you already hold and what you pay in each month.

Free to check. No card required. Takes about two minutes.