M1 Finance Promotions
Read our in-depth review of M1 Finance to see why M1 Finance scored 3.9 stars out of 5. We like their choose your own investments, can invest in individual stocks, and no account fees.
$30
New Customers: Deposit $1,000 and Get $30
- Open a new M1 account.
- Deposit $1,000 or more in your Invest account during your first 14 days.
- Get a $30 bonus.
Commission Free Stock Trading
M1 Finance allows investors the choice of ETFs and stocks. M1 charges no management fees or commission.
Customize Your Own Investments
- Open a new M1 account.
- Deposit $1,000 or more in your Invest account during your first 14 days.
- Get a $30 bonus.
Compare Promotions
Get Up to $3,000
The minimum qualifying deposit to receive a cash bonus is $10,000. Accounts will be reviewed 60 days after account opening to determine the total qualifying deposit. Corresponding cash bonus will be credited to the account within 10 business days. Once the bonus is credited to the account, the bonus and qualifying deposit (minus any trading losses) is not available for withdrawal for 300 days. If the qualifying deposit is withdrawn, the bonus may be revoked.
| Deposit or Transfer | Cash Bonus |
|---|---|
| $10,000 - $24,999 | $100 |
| $25,000 - $99,999 | $250 |
| $100,000 - $249,999 | $300 |
| $250,000 - $499,999 | $600 |
| $500,000 - $999,999 | $1,200 |
| $1,000,000 - $1,999,999 | $2,000 |
| $2,000,000+ | $3,000 |
Get up to 1 Year Managed Free
New Betterment customers only. Accounts must be funded within 45 days of signup. Terms apply.
Commission-Free Trading - Online Stock, ETF and Option Trades
Applies to U.S. exchange-listed stocks, ETFs, and options. A $0.65 per contract fee applies for options trades, with no exercise or assignment fees.
Highlights
Annual Fee
None
None
Cryptocurrency Trading
No
No
Minimum Deposit
$100
$100
Compare: M1 Finance vs Acorns
Commission Free ETFs
All U.S. listed ETFs
All U.S. listed ETFs
Mutual Fund Trading
No
No
Phone Support
Monday - Friday 9:30 am to 4 pm EST
Monday - Friday 9:30 am to 4 pm EST
Live Chat Support
No
No
Compare: M1 Finance vs DiversyFund
Email Support
Yes
Yes
Compare: M1 Finance vs Betterment
Human Advisors
No
No
Compare: M1 Finance vs Stash
Robo Advisor
Hybrid; You choose your own investments and M1 trades & manages your portfolio for you
Hybrid; You choose your own investments and M1 trades & manages your portfolio for you
Assets Under Management
$4.5 Billion
$4.5 Billion
Tax Loss Harvesting
Offers tax-efficient investing
Offers tax-efficient investing
Goal Tracker
No
No
Compare: M1 Finance vs Personal Capital
Automatic Deposits
Yes
Yes
Compare: M1 Finance vs Ellevest
Broker Assisted Trades
Included
Included
Good For
DIY investing with passive portfolio management
DIY investing with passive portfolio management
Inactivity Fee
$20 (for accounts with less than $20 and no activity for 90+ days)
$20 (for accounts with less than $20 and no activity for 90+ days)
Maintenance Fee
$0
$0
Online Platform
Yes
Yes
iPhone App
Yes (4.6 stars, 33.3k ratings)
Yes (4.6 stars, 33.3k ratings)
Android App
Yes (4.5 stars, 15.7k ratings)
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.
All users can open a M1 Spend account with free debit card. No monthly service fees and no balance requirements.
Two-Factor Authentication
Yes
Yes
Compare: M1 Finance vs BlockFi
Locations
No
No
Online Community
No
No
Seminars
No
No
Virtual Trading
No
No
Fractional Shares
Yes
Yes
Taxable Accounts
Yes
Yes
401k Plans
No
No
IRA Accounts
Yes
Yes
Roth IRA Accounts
Yes
Yes
SEP IRA Accounts
Yes
Yes
Trust Accounts
Yes
Yes
529 Plans
No
No
- Pricing information from published website as of 02/28/2020
- For the complete terms and conditions, view the merchant's website. While reasonable effort has been made to maintain accurate and updated information, the information shown on this site may vary, be out of date, or not applicable to you. All information is provided without warranty. Please review the terms and conditions on the merchant's website.
More Information
|  | |
 | | |
M1 Finance | Robinhood | |
|---|---|---|
Benefits and Features | ||
| Stock Trading | ||
| Options Trading | ||
| Annual Fee | All trades are commission-free. No platform fees. | |
| Cryptocurrency Trading |  | |
| Minimum Deposit | ||
| Mutual Fund Trading | ||
| Commission Free ETFs | All U.S. listed 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 | ||
| 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. | No service fees for Robinhood Cash Management account. Free debit card with no in-network ATM fees or foreign transaction fees |
| 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 | ||
| | |
M1 Finance: Pricing information from published website as of 02/28/2020 Robinhood: Pricing information from published websites as of 04/18/2020. | ||
More Deals to Save Money at M1 Finance
Compare Returns
- Create your own pies by choosing your own investments.
- Use one of the preset templates.
- Tweak a preset template to your liking.
Dynamic Rebalancing
M1 Borrow
M1 Plus
Set Up a Joint Account
Establish a joint account with a relative, spouse or domestic partner.
Set Up a Retirement Account in Fifteen Minutes or Less
Invest in your future with Traditional, Roth, and SEP IRAs.
M1 Finance Alternatives
Acorns Checking: $75 Bonus
- Setup Acorns Checking as your direct deposit method with your employer
- Receive 2 direct deposits of at least $250 / deposit
- $75 bonus will be deposited into your Acorns account within 45 days
Get 1 Month Managed Free
Deposit $15,000 - $99,999 within 45 days and get 1 month managed free
Sign Up and Get $5
- Sign up, add at least $5 to your account and get a $5 bonus.
- Invest with fractional shares
- Get portfolio recommendations
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More Brokerage Promotions
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$10 Sign-Up Bonus
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Get up to 1 Year Managed Free
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Sign Up and Get $5
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