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 GROUNDFLOOR

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

 M1 FinanceGROUNDFLOOR
 Visit SiteVisit Site
 

M1 Finance

GROUNDFLOOR

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

Read M1 Finance Review

SPECIAL OFFER
Invest in Real Estate with $10 - Learn More

Read GROUNDFLOOR Review

 

Benefits and Features

Stock Trading
$0
 
Options Trading
No
 
Annual Fee
None
$0
Cryptocurrency Trading
Yes
 
Minimum Deposit
$100
$10
Mutual Fund Trading
No
 
Commission Free ETFsAll U.S. listed ETFs 
Phone SupportMonday - Friday 9:30 am to 4 pm EST
Yes
Live Chat Support
No
Yes
Email Support
Yes
Yes
Investment Types 
Short-term real estate loans
Human Advisors
No
 
Accredited Investor Requirements 
None
Assets Under Management
$4.5 Billion
 
Minimum Investment 
$10
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 
Monthly
Investment Period 
12 to 18 months
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 FinanceGROUNDFLOOR
Annual FeeStarStarStarStarStar
Minimum DepositStarStarStarStarStarStarStarStarStarStar
Mobile AppStarStarStarStarHalf Star
Customer ServiceStarStarStarHalf StarEmpty StarStarStarStarStarEmpty Star
Ease of UseStarStarStarStarHalf StarStarStarStarStarEmpty Star
ResearchStarEmpty StarEmpty StarEmpty StarEmpty Star
Commissions and FeesStarStarStarStarStar
LiquidityStarStarStarEmpty 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:
  • No investor fees
  • High historical returns
  • $10 minimum
Cons:
  • Risk of default
  • Debt investments only (no equity)
Bottom LineNo-fee investing app that allows you to choose your own investments... Read full reviewCrowdfunding platform for passive investors looking for short-term real estate debt investments... Read full review
 Visit SiteVisit Site
 Terms Apply. Offering Circular

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.

GROUNDFLOOR: Investments carry risk and may lose value. Not an offer or solicitation to purchase securities. Please consult the Offering Circular and related SEC filings before making an investment decision.

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

Commission Free Stock Trading

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

M1 Finance

Get M1 Plus Free for First 3 Months

New M1 customers get M1 Plus for free on their first 3 months, then it's just $3 a month.

M1 Plus is a paid membership that confers benefits for products and services offered by M1 Finance LLC, M1 Spend LLC and M1 Digital LLC, each a separate, affiliated, and wholly-owned operating subsidiary of M1 Holdings Inc. "M1" refers to M1 Holdings Inc., and its affiliates.

*Your free trial (a $9 value) begins the date you enroll in the M1 Plus subscription, and ends 3 months after (“Free Trial”). Upon expiry of the Free Trial, your account is automatically billed a monthly subscription fee of $3 unless you elect annual billing of $36 or cancel your subscription under your Membership details in the M1 Platform. We'll remind you when your renewal date is approaching.

GROUNDFLOOR

Invest in Real Estate with $10

The minimum investment amount is only $10. (Though most transfer $100 for better diversification; subsequent transfers can be for any amount)

  • Short-term real estate investments lasting just 12-18 months
  • Open to non-accredited investors
  • No investor fees
GROUNDFLOOR

Diversify Your Portfolio

With Groundfloor you can diversify your investment portfolio with real estate like a pro without needing to be a millionaire.

Which is Better: M1 Finance or GROUNDFLOOR?

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

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 GROUNDFLOOR

Groundfloor Review

Groundfloor offers short-term real estate investments starting with just $10. With average returns over 10%, is it the right investment for you?

Which Do You Think is Best?





You Might Also Like

Small Investments That Make Money

Small Investments That Make Money

You don't need to be rich to start investing. Here are 15 easy ways to invest small amounts of money.
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.