Yet another offer

Transfers in (from elsewhere) of new money but presumably not funding from any of your existing AC account balances, e.g. moving funds from AC QAA to fund a new AC IFISA.

Not unless it's money deposited from today until 31^st May 2019. They are encouraging you to increase and keep an increased amount of funds on the Platform. I think there'll come a time for most of the existing investors where such offers are ignored, a lot of investors will have Platform limits they do not wish to exceed.

Sorry for the question - newish user of AC. I had unswept funds in my cash account. Does anyone know for sure if i sweep them into qaa now that they will count? Or are they already considered platform funds?

Ah cool. Thanks criston. That'll teach me for not reading the t&c's, like an amateur.

There's really no easy answer to your question, at least not without more caveats than Lendy has defaults! So, instead, here I my thoughts on the platforms you asked about.

I'm assuming that your asking about AC's MLA account, since their other accounts offer protection mechanisms that FS and MT do not. So, in my view, the PF protected accounts are less risky that FS and MT, but offer much lower rates.

I don't lend on FS as I consider them too risky for me. I did want to try them, but, after analysing their previous loans, I concluded that my DD skills weren't up to the job of sorting the wheat from the chaff. I did try to determine if there was some formula I could use to decide which loans to pick, but didn't come up with anything that would have worked. There are too many horror stories detailed in the forums for my liking. There are forumites that report making good returns, but they're much more proficient at DD than I am, so I stay well clear.

I do lend on MT and am currently achieving an XIRR of 10.35%. I consider them to be fairly proficient at managing the loans. My problem with them is that they don't have enough performing loans available for the diversification that my (lack of) DD skill requires. Also, new loan flow is very sparse. The result is that I'm only planning on having around 4% of my p2p pot with them this year. I would invest more if there were more loans, particularly the pawn type loans.

I also lend on AC in their MLA. The number of loans here makes diversification easy (I try to stick to 4% of my AC pot in any one loan). I consider AC to be one of the better loan managers. They do seem to have made some poor judgements in the past, but I think they've learnt from these and do much better now. I like their SM and use it a lot. I value the input on this forum by Chris (their tech manager I think). Their accounts can be a bit complicated and he has managed to stop misconceptions from getting out of hand on many occasions (it seems madness to me that he only participates on a personal rather than official basis). I'm currently achieving an XIRR of 9.40% in AC's MLA.

It's just occurred to me that you may have been asking about the platform risk, rather than the loan/account risks. If that's the case then my view in order of riskiness would be FS is more risky than MT, and MT is more risky than AC. I'd find that very difficult to justify or quantify though, other than my ramblings above, more of a gut feel really.