M1 Finance Promotions

Read our in-depth review of M1 Finance to see why M1 Finance scored 4.5 stars out of 5. We like their choose your own investments, can invest in individual stocks, and no account fees.

$2,500

Transfer Your Account and Earn Up to $2,500

Initiate your transfer of another brokerage account within 60 days of signing up for M1 to receive a bonus.

Transfer	Bonus
$100,000 – $250,000	$250
$250,001 – $500,000	$500
$500,001 – $1,000,000	$1,000
$1,000,001+	$2,500

Payments for eligible transfers will be paid 90 days after the account transfer is received. Offer is valid for direct broker transfers received through the Automated Customer Account Transfer Service (ACATS) only. Offer is not valid with ACH deposits, wire transfers or direct 401k rollovers.

Start Your Transfer

Commission Free Stock Trading

Start Investing

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

$2,500

Get $2,500 When You Transfer an Account of $1,000,001+

See Terms

$1,000

Get $1,000 When You Transfer an Account of $500,001 to $1,000,000

See Terms

$500

Get $500 When You Transfer an Account of $250,001 to $500,000

See Terms

$250

Compare Promotions

Get Up to $3,500

Get Cash Bonus

Expires 3/31/2021

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 If the qualifying deposit is withdrawn, the bonus may be revoked.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	$50
$25,000 - $99,999	$200
$100,000 - $249,999	$300
$250,000 - $499,999	$600
$500,000 - $999,999	$1,200
$1,000,000 - $1,999,999	$2,500
$2,000,000+	$3,500

Get 1 Month Managed Free

View Terms

Deposit $15,000 - $99,999 within 45 days and get 1 month managed free

Get a Free Stock (worth between $2.50 and $200)

Get a Free Stock

Get Up to $3,500 Cash Bonus

Get Cash Bonus

Expires 3/31/2021

New Ally Invest customers only. Account must be funded for at least 60 days to be eligible for cash bonus.

In-Depth Review

Highlights

Stock Trading
$0

Read: How to Invest $1000

Compare: M1 Finance vs TD Ameritrade

Annual Fee
None

Compare: M1 Finance vs Robinhood

Minimum Deposit
$100

Compare: M1 Finance vs Betterment

Commission Free ETFs
All U.S. listed ETFs

Mutual Fund Trading
No

Phone Support
Monday - Friday 9:30 am to 4 pm EST

Live Chat Support
No

Compare: M1 Finance vs Personal Capital

Email Support
Yes

Compare: M1 Finance vs Acorns

Human Advisors
No

Compare: M1 Finance vs Stash

Assets Under Management
$1 Billion

Tax Loss Harvesting
Offers tax-efficient investing

Goal Tracker
No

Automatic Deposits
Yes

Broker Assisted Trades
Included

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
$0

Online Platform
Yes

iPhone App
Yes (4.6 stars, 25.4k ratings)

Android App
Yes (4.2 stars, 12.5k ratings)

Banking
All users can open a M1 Spend account with free debit card. No monthly service fees and no balance requirements.

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

More Information

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.

	M1 Finance	Robinhood


	Benefits and Features
Stock Trading	$0	$0
Options Trading		$0
Annual Fee	None	All trades are commission-free. No platform fees.
Minimum Deposit	$100	$0
Mutual Fund Trading	No	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	No
Live Chat Support	No	No
Email Support	Yes	Yes
Human Advisors	No	No
Robo Advisor		No
Assets Under Management	$1 Billion
Tax Loss Harvesting	Offers tax-efficient investing	No
Goal Tracker	No	No
Automatic Deposits	Yes	Yes
Broker Assisted Trades	Included	Not available
Good For	DIY investing with passive portfolio management	Beginners; 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	Yes
iPhone App	Yes (4.6 stars, 25.4k ratings)	Yes (4 stars, 3.2m ratings)
Android App	Yes (4.2 stars, 12.5k ratings)	Yes (1.4 stars, 360k ratings)
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
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	No
Roth IRA Accounts	Yes	No
SEP IRA Accounts	Yes	No
Trust Accounts	Yes	No
529 Plans	No	No

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 Robinhood: Pricing information from published websites as of 04/18/2020.