M1 Finance vs Public.com
M1 Finance is a no-fee robo-advisor that allows you to choose your own investments. How does it compare to Public.com? Read our comparison chart below.
M1 Finance offers free automated investing with no commissions or account fees. Unlike other robo-advisors, 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.
While Public.com is a social trading app where you can follow other investors and discover ideas. Invest in stocks, funds, and crypto with as little as $1.
Compare M1 Finance with Public.com, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
 |  | |
 | | |
M1 Finance | Public.com | |
|---|---|---|
M1 Investment Account - Up to $500 Bonus - | Commission Free Stock Trading - | |
Benefits and Features | ||
| Stock Trading | ||
| Options Trading | ||
| Annual Fee | ||
| Cryptocurrency Trading |  | |
| Minimum Deposit | ||
| 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 | ||
| Human Advisors | ||
| Robo Advisor | Hybrid; You choose your own investments and M1 trades & manages your portfolio for you | |
| 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 | $20 (for accounts with less than $20 and no activity for 90+ days) | |
| Maintenance Fee | ||
| Online Platform | ||
| iPhone App | ||
| Android App | ||
| Banking | All users can open a M1 Spend account with free debit card. No monthly service fees and no balance requirements. | |
| Mobile App | | |
| Two-Factor Authentication | ||
| Locations | ||
| Online Community | ||
| Seminars | ||
| 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 | | |
| Customer Service |   | |
| Mobile App | | |
| Ease of Use | | |
| Research | | |
| Stock Trading | | |
| Commissions and Fees | | |
| Online Community | | |
| Pros & Cons | Pros:
| Pros:
|
| Bottom Line | No-fee robo-advisor that allows you to choose your own investments... | Good social stock trading app... |
| | |
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 02/28/2020 | ||
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 Value | Promotional 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.
Commission Free Stock Trading
M1 Finance allows investors the choice of ETFs and stocks. M1 charges no management fees or commission.
Get M1 Plus Free for First 3 Months
New M1 customers get M1 Plus for free on their first 3 months. M1 Plus is $125/year.
M1 Plus is a $125 annual subscription offering products and services from M1 Spend LLC and M1 Finance LLC, both wholly-owned, separate but affiliated subsidiaries of M1 Holdings Inc.
*Your free trial (a $31.25 value) begins the date you enroll in the M1 Plus subscription, and ends 90 days after ("Free Trial"). Upon expiry of the Free Trial, your account is automatically billed an annual subscription fee of $125 unless you cancel under your Membership details in the M1 Platform.
Get a Free Slice of Stock
- Invest in stocks, ETFs, and crypto - all in one place.
- Follow other investors, share insights, and build your financial literacy within a transparent community
- Offer valid for U.S. residents 18+ and subject to account approval. There may be other fees associated with trading. See Public.com/disclosures/
Which is Better: M1 Finance or Public.com?
Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing M1 Finance or eToro.
Articles on M1 Finance
M1 Review
Best M1 Finance Pie
M1 Finance Alternatives
Articles on Public.com
Public Review
Which Do You Think is Best?
You Might Also Like
How to Get Free Stocks
Best Passive Income Apps
Best Investment Accounts
Best Micro Investing App
Free Stock Trading App
Best Investment Apps for Beginners
