Save money and be informed. CreditDonkey is a personal finance comparison and reviews website. This website is made possible through financial relationships with card issuers and some of the products and services mentioned on this site. Advertiser Disclosure†

M1 Finance vs DiversyFund

M1 Finance is a no-fee investing app that allows you to choose your own investments. How does it compare to DiversyFund? Read our comparison chart below.

M1 Finance offers free automated investing with no commissions or account fees. M1 lets you select your own investments and their automation will manage it for you. This is great for investors who want a say. The downside is that there are no human advisors. The minimum to start is just $100. Find out more

While DiversyFund lets all investors invest in real estate projects starting with just $500 - no accreditation needed. It focuses on multi-family properties. There are no platform or management fees. However, it's a 5-year investment with no early withdrawals.

Compare M1 Finance with DiversyFund, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

 M1 FinanceDiversyFund
 Visit SiteLearn More
 

M1 Finance

DiversyFund

SPECIAL OFFER
M1 Investment Account - Up to $500 Bonus - Learn More

Read M1 Finance Review

SPECIAL OFFER
Earn Passive Income with Real Estate - Learn More

Read DiversyFund Review

 

Benefits and Features

Stock Trading
$0
 
Options Trading
No
 
Annual Fee
None
$0. No management fees and no commissions
Cryptocurrency Trading
Yes
 
Minimum Deposit
$100
$500
Mutual Fund Trading
No
 
Commission Free ETFsAll U.S. listed ETFs 
Phone SupportMonday - Friday 9:30 am to 4 pm EST
Yes, normal business hours
Live Chat Support
No
Yes
Email Support
Yes
Yes
Investment Types 
Apartment buildings and condos
Human Advisors
No
 
Accredited Investor Requirements 
None
Assets Under Management
$4.5 Billion
 
Tax Loss HarvestingNo, but offers tax minimization features 
Goal Tracker
No
 
Automatic Deposits
Yes
 
Broker Assisted Trades
Included
 
Good ForDIY investing with passive portfolio management 
Inactivity Fee$50 (for accounts with less than $50 and no activity for 90+ days) 
Maintenance Fee
$0
 
Online Platform
Yes
 
iPhone App
Yes (4.6 stars, 33.3k ratings)
 
Android App
Yes (4.5 stars, 15.7k ratings)
 
BankingAll users can open a M1 Spend account with free debit card. No monthly service fees and no balance requirements. 
Mobile App
Check
 
Two-Factor Authentication
Yes
 
Dividends 
Automatically reinvested
Investment Period 
5+ years
Locations
No
 
Online Community
No
 
Seminars
No
 
Virtual Trading
No
 
Fractional Shares
Yes
 
Taxable Accounts
Yes
 
401k Plans
No
 
IRA Accounts
Yes
 
Roth IRA Accounts
Yes
 
SEP IRA Accounts
Yes
 
Trust Accounts
Yes
 
529 Plans
No
 
 

CreditDonkey® Reviews

 M1 FinanceDiversyFund
Annual FeeStarStarStarStarStar
Minimum DepositStarStarStarStarStarStarStarStarStarStar
Mobile AppStarStarStarStarHalf Star
Customer ServiceStarStarStarHalf StarEmpty StarStarStarStarEmpty StarEmpty Star
Ease of UseStarStarStarStarHalf StarStarStarStarStarEmpty Star
ResearchStarEmpty StarEmpty StarEmpty StarEmpty Star
Commissions and FeesStarStarStarStarStar
LiquidityStarEmpty StarEmpty StarEmpty StarEmpty Star
Pros & ConsPros:
  • Choose your own investments
  • Can invest in individual stocks
  • No account fees
Cons:
  • No research
  • No human advisors
  • Can only trade once a day
Pros:
  • Only $500 to start
  • No platform fees
  • No income requirements
Cons:
  • No early withdrawals
  • 5 year investment
  • Cannot cash out dividends
Bottom LineNo-fee investing app that allows you to choose your own investments... Read full reviewGood real estate investing platform if you don't mind a long investment... Read full review
 Visit SiteLearn More

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

M1 Finance: Pricing information from published website as of 12/26/2023.

M1 Finance

M1 Investment Account - Up to $500 Bonus

Open a new M1 investment account. Deposit $10,000 or more into the account within 14 calendar days of account opening. Promotional credit will depend on the deposited value made into the account.

Deposited ValuePromotional Credit
$10,000 - $29,999.99$75
$30,000 - $49,999.99$150
$50,000 - $99,999.99$250
$100,000+$500

This offer is only for customers who have never registered for an M1 user account.

Expires 12/31/2024
M1 Finance

Transfer and Earn Up to $20,000

Complete an Automated Customer Account Transfer Service (ACATS) of at least $100,000 in aggregate and earn up to $20,000. Promotional credit will depend on the amount transferred to the account.

Transfer Account ValuePromotional Credit
$100,000 - $249,999$250
$250,000 - $499,999$1,000
$500,000 - $999,999$2,000
$1,000,000 - $1,999,999$4,000
$2,000,000 - $4,999,999$10,000
$5,000,000 - $6,999,999$15,000
$7,000,000+$20,000

This offer is valid for new and existing M1 customers. Terms and conditions apply.

Expires Tomorrow
M1 Finance

Commission Free Stock Trading

M1 Finance allows investors the choice of ETFs and stocks. M1 charges no management fees or commission.

Which is Better: M1 Finance or DiversyFund?

Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing M1 Finance or Robinhood.


Articles on M1 Finance

M1 Finance Reviews

Is M1 Finance legitimate and safe? Find out the pros, cons, fees, and more. An essential read for beginners interested in M1 Finance.

Best M1 Finance Pie

M1 Finance is a fee-free investment app offering pre-selected portfolios called "pies." What's the best M1 Finance Pie? Find out.

M1 Finance Alternatives

M1 Finance is a popular app for fee-free investing. But is there a better option for you? Find out in this detailed guide to M1 Finance alternatives.

Articles on DiversyFund

DiversyFund

DiversyFund lets you invest in real estate with $500. But how does it work? Find out the pros and cons, and if it's better than Fundrise.

Which Do You Think is Best?





You Might Also Like

Best Passive Income Apps

Best Passive Income Apps

Want to earn passive income no matter where you are? Then this list of 20 best passive income apps may be just what you're looking for.
How to Invest in Your 30s

How to Invest in Your 30s

Investing in your 30s is all about balancing financial priorities. Your decisions now will affect your future. Learn how to build long-term wealth in your 30s.
How to Invest Money

How to Invest Money

Invest smartly, even if you're new to the game. Discover how to begin investing in stocks and real estate with little money.

Next Page:

About CreditDonkey
CreditDonkey is a personal finance comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: Many of the offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.

About Us | Reviews | Deals | Tips | Privacy | Do Not Sell My Info | Terms | Contact Us
(888) 483-4925 | 680 East Colorado Blvd, 2nd Floor | Pasadena, CA 91101
© 2024 CreditDonkey Inc. All Rights Reserved.