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Moomoo vs M1 Finance

Moomoo is a low-cost way to trade US, HK, and Chinese assets with advanced research tools. How does it compare to M1 Finance? Read our comparison chart below.

 MoomooM1 Finance
 Visit SiteVisit Site
 

Moomoo

M1 Finance

SPECIAL OFFER
Transfer and Get 1.5% Match Bonus - Learn More

Read Moomoo Review

SPECIAL OFFER
M1 Investment Account - Up to $500 Bonus - Learn More

Read M1 Finance Review

 

Benefits and Features

Stock Trading$0 commission on US stocks and ETFs
$0
Options Trading$0 for US Options;
$0.50 per contract for Index Options
No
Annual Fee
None
A $3 monthly platform fee will apply to clients with less than $10,000 in M1 assets or without an active M1 Personal Loan.
Cryptocurrency Trading
No
Yes
Minimum Deposit
$0
$100
Mutual Fund Trading
No
No
Commission Free ETFs
3,030 US-listed ETFs
All U.S. listed ETFs
Phone Support+1 888 721 0610
(Trading days: 8:30 - 16:30 ET)
Monday - Friday 9:30 am to 4 pm EST
Live Chat Support
Yes
No
Email Support
Yes (cs@us.moomoo.com)
Yes
Human Advisors
No
No
Robo Advisor
No
 
Assets Under ManagementTotal client assets of HK$468.1 billion as 09/30/2023
$4.5 Billion
Penny Stocks
Yes
 
Tax Loss Harvesting
No
No, but offers tax minimization features
Goal Tracker
No
No
Automatic Deposits
No
Yes
Broker Assisted Trades
Not available
Included
Good ForTraders looking for access to Hong Kong and Chinese assetsDIY investing with passive portfolio management
Inactivity Fee
$0
$50 (for accounts with less than $50 and no activity for 90+ days)
Maintenance Fee
$0
$3 monthly platform fee for accounts with less than $10,000 in M1 assets, or without an active M1 Personal Loan
Online Platform
Yes
Yes
iPhone App
Yes (4.6 stars, 19k ratings)
Yes (4.6 stars, 33.3k ratings)
Android App
Yes (4.6 stars, 18k ratings)
Yes (4.5 stars, 15.7k ratings)
Banking
No
 
Mobile App
Yes
Check
Desktop App
Yes
 
Two-Factor Authentication
SMS
Yes
Forex Trading
No
 
Futures Trading
No
 
Bond Trading
No
 
CFD Trading
No
 
Currency Trading
No
 
Customer ServiceLive Chat (24 hours);
Phone: +1-888-721-0610 (Trading day: 08:30AM - 04:30PM EST);
Email: cs@us.moomoo.com
 
Locations
Online only
No
Online Community
Yes
No
Seminars
Yes
No
Trading Platform
Desktop, Mobile Apps
 
Virtual TradingYes. Virtual account for each market with 1 million (USD/HKD/CNY/SGD/CAD) in each account
No
Fractional Shares
Yes
Yes
Taxable Accounts
Yes
Yes
401k Plans
No
No
IRA Accounts
No
Yes
Roth IRA Accounts
No
Yes
SEP IRA Accounts
No
Yes
Trust Accounts
No
Yes
529 Plans
No
No
 

CreditDonkey® Reviews

 MoomooM1 Finance
Stock TradingStarStarStarStarStar
Options TradingStarStarStarStarStar
Minimum DepositStarStarStarStarStarStarStarStarStarStar
Mobile AppStarStarStarStarHalf StarStarStarStarStarHalf Star
Commissions and FeesStarStarStarStarStar
Customer ServiceStarStarStarEmpty StarEmpty StarStarStarStarHalf StarEmpty Star
Ease of UseStarStarStarStarEmpty StarStarStarStarStarHalf Star
ResearchStarStarStarStarEmpty StarStarEmpty StarEmpty StarEmpty StarEmpty Star
Annual FeeStarStarStarStarStar
Pros & ConsPros:
  • Commission-free trading
  • Free paper trading
  • Access to Hong Kong and Chinese investments
Cons:
  • May be overwhelming for beginners
  • No forex, bonds, mutual funds, or crypto
Pros:
  • Choose your own investments
  • Can invest in individual stocks
  • Morning and afternoon trade windows
Cons:
  • No research
  • No human advisors
  • Platform fee
Bottom LineLow-cost way to trade US, HK, and Chinese assets with advanced research tools... Read full reviewCommission-free investing app that allows you to choose your own investments... Read full review
 Visit SiteVisit Site

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

Moomoo: Pricing information from published website as of 05/03/2024.

M1 Finance: Pricing information from published website as of 12/26/2023.

Moomoo

Transfer and Get 1.5% Match Bonus

Get a 1.5% match bonus on your first transfer to your MFI account. The match amount is limited to the first $1 to $20,000 transferred into the account. Eligible assets should be from the following broker-dealers: Robinhood, Webull, TD Ameritrade (including thinkorswim), Interactive Brokers, Fidelity, E*TRADE, Cash App, Charles Schwab, Ally Invest, Firstrade, or Merrill Lynch to qualify for the cash rewards. Cash rewards will depend on the value of eligible assets transferred during the offer period. This offer is available to customers who have existing brokerage accounts, but have not made a transfer yet. Terms and conditions apply.

Expires in 6 hours
Moomoo

Deposit and Get 7 Fractional Shares of Stocks

Make a net deposit of $100 or more to receive 7 fractional shares of stocks worth $5 each. This offer is available to new and existing customers who have not made a deposit before April 1, 2024, 04:00 AM ET. Terms and conditions apply.

Expires in 6 hours
M1 Finance

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 ValuePromotional 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.

Expires 12/31/2024
M1 Finance

Commission Free Stock Trading

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

Which is Better: Moomoo or M1 Finance?

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

In short: Moomoo's research is noteworthy.


Articles on Moomoo

Moomoo Review

Moomoo can help you invest your money in U.S. and international markets. But will it suit the way you like to trade?

Articles on M1 Finance

M1 Finance 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 pre-selected portfolios called "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?





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