M1 Finance vs Masterworks
M1 Finance is a commission-free investing app that allows you to choose your own investments. How does it compare to Masterworks? Read our comparison chart below.
M1 Finance | Masterworks | |
|---|---|---|
Commission Free Stock Trading - | Earn Passive Income with Art - | |
Benefits and Features | ||
| Stock Trading | ||
| Options Trading | ||
| Annual Fee | A $3 monthly platform fee will apply to clients with less than $10,000 in M1 assets or without an active M1 Personal Loan. | 1.5% (plus 20% of future profits) |
| Cryptocurrency Trading | ||
| Minimum Deposit | $100 ($500 for IRAs, $5,000 for Trust Account) | |
| Mutual Fund Trading | ||
| Commission Free ETFs | All U.S. listed ETFs | |
| Phone Support | Monday - Friday 9:30 am to 4 pm EST | |
| Live Chat Support | ||
| Email Support | ||
| Investment Types | ||
| Human Advisors | ||
| Accredited Investor Requirements | ||
| Assets Under Management | ||
| Tax Loss Harvesting | No, but offers tax minimization features | |
| Goal Tracker | ||
| Automatic Deposits | ||
| Broker Assisted Trades | ||
| Good For | DIY investing with passive portfolio management | |
| Inactivity Fee | $50 (for accounts with $50 or less and no trading or deposit activity for 90+ days) | |
| Maintenance Fee | $3 monthly platform fee for accounts with less than $10,000 in M1 assets, or without an active M1 Personal Loan | |
| Online Platform | ||
| iPhone App | ||
| Android App | ||
| Mobile App |  | |
| Two-Factor Authentication | ||
| Dividends | ||
| Investment Period | ||
| Locations | ||
| Online Community | ||
| Seminars | ||
| Trading Platform | ||
| Virtual Trading | ||
| Fractional Shares | ||
| Taxable Accounts | ||
| 401k Plans | ||
| IRA Accounts | ||
| Roth IRA Accounts | ||
| SEP IRA Accounts | ||
| Trust Accounts | ||
| 529 Plans | ||
CreditDonkey® Reviews | ||
| Annual Fee |  | |
| Minimum Deposit | | |
| Mobile App |  | |
| Customer Service |  | |
| Ease of Use | | |
| Research | | |
| Pros & Cons | Pros:
| |
| Bottom Line | Commission-free investing app that allows you to choose your own investments... | |
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. | ||
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 Review
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 commission-free investment app offering ready-made portfolios that are made up of "pies." What's the best M1 Finance Pie? Find out.
M1 Finance Alternatives
M1 Finance is a popular app for commission-free investing. But is there a better option for you? Find out in this detailed guide to M1 Finance alternatives.
Which Do You Think is Best?
Compare Masterworks to:
You might also be interested in
Seeking Alpha Picks Review
Navigating the stock market can be a challenge. Alpha Picks promises to simplify the search for high-potential investments. But is it worth the cost?
Next Page: M1 Finance
