M1 Finance vs Stash
M1 Finance is a no-fee investing app that allows you to choose your own investments. How does it compare to Stash? 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.
While Stash simplifies investing for novices. This app is not a robo-advisor and will not manage investments for you. Instead, it guides beginners to select investments aligned with their goals and risk level. There is no minimum balance to start investing.
Compare M1 Finance with Stash, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
Visit Site | Learn More | |
M1 Finance | Stash | |
---|---|---|
M1 Investment Account - Up to $500 Bonus - | Sign Up and Get $5 - | |
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 | Yes - normal business hours, plus Sat & Sun 11a-5p ET |
Live Chat Support | ||
Email Support | ||
Human Advisors | ||
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 less than $50 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. | All users get a cash account with a debit card. No minimum balance, no overdraft fees, and free ATM access at 19,000+ ATMS. |
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 | ||
Mobile App | ||
Customer Service | ||
Ease of Use | ||
Research | ||
Pros & Cons | Pros:
| Pros:
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Bottom Line | No-fee investing app that allows you to choose your own investments... | Good investment app to guide beginners to invest in stocks... |
Visit Site | Learn 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. Stash: Pricing information from published website as of 08/14/2019 |
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.
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 Value | Promotional 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.
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 Stash?
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.
In short: M1 Finance's annual fee is excellent.