M1 Finance vs Webull

M1 Finance is a no-fee robo-advisor that allows you to choose your own investments. How does it compare to Webull? 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 Webull offers commission-free stock and ETF trading using their mobile app. There is no minimum deposit required.

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

	M1 Finance	Webull


	SPECIAL OFFER M1 Investment Account - Up to $500 Bonus - Learn More Read M1 Finance Review	SPECIAL OFFER $75 Account Transfer Bonus - Learn More Read Webull Review
	Benefits and Features
Stock Trading	$0	$0
Options Trading	No	$0
Annual Fee	None	None
Cryptocurrency Trading	No	$0
Minimum Deposit	$100	$0
Mutual Fund Trading	No
Commission Free ETFs	All U.S. listed ETFs	All U.S. listed ETFs
Phone Support	Monday - Friday 9:30 am to 4 pm EST	24/7
Live Chat Support	No
Email Support	Yes
Human Advisors	No
Robo Advisor	Hybrid; You choose your own investments and M1 trades & manages your portfolio for you
Assets Under Management	$4.5 Billion
Tax Loss Harvesting	No, but offers tax minimization features
Goal Tracker	No
Automatic Deposits	Yes
Broker Assisted Trades	Included
Customer Service		24/7 via phone and email
Good For	DIY investing with passive portfolio management	Experienced investors; Active traders
Inactivity Fee	$20 (for accounts with less than $20 and no activity for 90+ days)	$0
Maintenance Fee	$0	$0
Online Platform	Yes
iPhone App	Yes (4.6 stars, 33.3k ratings)
Android App	Yes (4.5 stars, 15.7k ratings)
Banking	All users can open a M1 Spend account with free debit card. No monthly service fees and no balance requirements.	No
Mobile App		Yes
Desktop App		Yes
Two-Factor Authentication	Yes	Mobile Only
Locations	No
Online Community	No
Seminars	No
Virtual Trading	No	Yes. Free paper trading account with $1,000,000 in fake money
Fractional Shares	Yes	Yes
Taxable Accounts	Yes	Yes
401k Plans	No
IRA Accounts	Yes	Yes
Roth IRA Accounts	Yes
SEP IRA Accounts	Yes
Trust Accounts	Yes
529 Plans	No
	CreditDonkey® Reviews

Annual Fee
Minimum Deposit
Customer Service
Mobile App
Ease of Use
Research
Stock Trading
Options Trading
Commissions and Fees
Pros & Cons	Pros: 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 trade fees Advanced research tools Extended trading hours Offers fractional shares Cons: Not beginner friendly
Bottom Line	No-fee robo-advisor that allows you to choose your own investments... Read full review	Good free trading app for more experienced investors... Read full review

	M1 Investment Account - Up to $500 Bonus Transfer and Earn Up to $10,000 Commission Free Stock Trading	$75 Account Transfer Bonus Get Started Up to $100 Transfer Fee Reimbursement
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.

Get Deal

Expires 12/31/2023

Transfer and Earn Up to $10,000

Complete an Automated Customer Account Transfer Service (ACATS) of at least $50,000 in aggregate and earn up to $10,000. Promotional credit will depend on the amount transferred to the account.

Transfer Account Value	Promotional Credit
$50,000 - $249,999.99	$250
$250,000 - $499,999.99	$1,000
$500,000 - $999,999.99	$2,000
$1,000,000 - $1,999,999.99	$4,000
$2,000,000+	$10,000

This offer is valid for new and existing M1 customers.

Get Deal

Expires Tomorrow

Commission Free Stock Trading

Start Investing

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

$75 Account Transfer Bonus

Get Deal

Transfer a brokerage account over to Webull and get $75 deposited into the account. The incoming brokerage account must have at least $2,000 or more in assets to receive this bonus.
Transfer an IRA over to Webull and get $75 deposited into the account. The incoming IRA must have at least $5,00 or more in assets to receive this month.