CreditDonkey is a stock broker 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 Robinhood

M1 Finance is a no-fee robo-advisor that allows you to choose your own investments.. How does it compare to Robinhood? 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 Robinhood offers $0 stock trades by cutting out physical offices and manual account management. Only basic stock trading can be performed on the mobile app. There is no minimum deposit or maintenance fee, though there is an optional paid premier customer tier starting at $6/month.

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

 M1 Finance
 Visit SiteLearn More
 

M1 Finance

Robinhood

Commission Free Stock Trading - Learn More

Read M1 Finance Review

SPECIAL OFFER
Invite Friends, Get Free Stocks - Learn More

Read Robinhood Review

 

Benefits and Features

Stock Trading 
$0
Annual Fee
None
 
Minimum Deposit
$100
$0
Commission Free ETFs all U.S. listed ETFs
Phone Support
Yes - normal business hours
 
Live Chat Support
No
 
Email Support
Yes
 
Human Advisors
No
 
Robo Advisor
 
Assets Under Management
$100 Millon
 
Tax Loss Harvesting
Offers tax-efficient investing
 
Goal Tracker
No
 
Automatic Deposits
Yes
 
Broker Assisted Trades 
$10
Customer Service 
Monday-Friday 9am - 6pm ET
Inactivity Fee 
$0
Maintenance Fee 
$0
Online Platform
Yes
 
iPhone App
Yes
 
Android App
Yes
 
Banking 
No
Mobile App 
Yes
Desktop App 
Yes
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 Finance
Annual Fee
Minimum Deposit
Customer Service
Stock Trading
Options Trading
Mobile App
Commissions and Fees
Ease of Use
Research
Pros & ConsPros:
  • Choose your own investments
  • Can invest in individual stocks
  • No account fees
Cons:
  • Not beginner friendly
  • No human advisors
  • Can only trade once a day
Pros:
  • Commission-free trades
  • No minimum
Cons:
  • No IRAs
  • Limited research
  • No mutual funds & bonds
Bottom LineNo-fee robo-advisor that allows you to choose your own investments... Read full reviewFree option to trade stocks with limited bells and whistles... 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 06/14/2018

Robinhood: Pricing information from published websites as of 12/07/2019.

Which is Better: M1 Finance or Robinhood?

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


Articles on M1 Finance


Articles on Robinhood


Which Do You Think is Best?

Name
Email (won't be published)


You Might Also Like

    Chase

    Chase You Invest Review

    Chase You Invest App has a bonus promotion, low fees and mutual funds trading. But is it good for beginners? Read this review for the pros and cons.

    Residual Income

    Make money and get paid even after the upfront work is done. Learn how residual (or passive) income works. Here are 10 good investment ideas to build it.

    Best Investment Apps for Beginners

    Looking to start investing? You can begin with as little as $5. Check out these cheap (or free) apps for new investors.

    Best Investment Apps

    Investment apps let beginners (even college students) manage stocks and ETFs from your phone. Find out how Acorns, Stash, Robinhood and more compare.
    Betterment

    Betterment Review: Pros and Cons

    Betterment offers low fees and good returns. But there are risks you should NOT ignore. Read this review to see if Betterment is better.

    How to Invest in Stocks with Little Money

    Think you don't have enough money to invest? You can start with as little as $5. Read our top ways to invest a little money and start earning now.

Compare M1 Finance to:


You might also be interested in

Earn Side Money Online

With so many bills to pay, it can be hard to squeeze anything more out of your budget. Especially when you sit down to unravel all those crumpled up receipts and add up the cost of groceries, gas and rent.

Compare Robinhood to:


Next Page:

About CreditDonkey®
CreditDonkey is a stock broker 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 card 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.