Save money and be informed. CreditDonkey is a personal finance comparison and reviews website. This website is made possible through financial relationships with card issuers and some of the products and services mentioned on this site. Advertiser Disclosure†

Webull vs M1 Finance

Webull is a good free trading app for more experienced investors. How does it compare to M1 Finance? Read our comparison chart below.

Webull offers commission-free stock and ETF trading using their mobile app. There is no minimum deposit required.

While 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.

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

 WebullM1 Finance
 Visit SiteVisit Site
 

Webull

M1 Finance

SPECIAL OFFER
20 Free Fractional Shares - Learn More

Read Webull Review

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

Read M1 Finance Review

 

Benefits and Features

Stock Trading
$0
$0
Options Trading
$0
No
Annual Fee
None
None
Cryptocurrency Trading
Yes (Webull Pay App)
Yes
Minimum Deposit
$0
$100
Mutual Fund Trading
No
No
Commission Free ETFs
Over 3,300 ETFs
All U.S. listed ETFs
Phone Support
24/7
Monday - Friday 9:30 am to 4 pm EST
Live Chat Support
None
No
Email SupportYes (customerservices@webull.us)
Yes
Human Advisors
No
No
Robo Advisor
Yes
 
Assets Under Management
$15.7 Million
$4.5 Billion
Penny Stocks
Yes
 
Tax Loss Harvesting
No
No, but offers tax minimization features
Goal Tracker
No
No
Automatic Deposits
Yes
Yes
Broker Assisted Trades
Not available
Included
Good ForExperienced investors; Active tradersDIY investing with passive portfolio management
Inactivity Fee
$0
$50 (for accounts with less than $50 and no activity for 90+ days)
Maintenance Fee
$0
$0
Online Platform
Yes
Yes
iPhone AppYes (4.7 stars, 296.2k ratings)
Yes (4.6 stars, 33.3k ratings)
Android App
Yes (4.3 stars, 188K ratings)
Yes (4.5 stars, 15.7k ratings)
Banking
No
All users can open a M1 Spend account with free debit card. No monthly service fees and no balance requirements.
Mobile App
Yes
Check
Desktop App
Yes
 
Two-Factor Authentication
Mobile Only
Yes
Forex Trading
No
 
Futures Trading
No
 
Bond Trading
No
 
CFD Trading
No
 
Currency Trading
No
 
Customer Service
24/7 via phone and email
 
Locations
Online only
No
Online Community
Yes
No
Seminars
Yes
No
Trading PlatformDesktop, Web Trading, Mobile Apps 
Virtual TradingYes. Free paper trading account with $1,000,000 in fake money
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
No
Yes
Trust Accounts
No
Yes
529 Plans
No
No
 

CreditDonkey® Reviews

 WebullM1 Finance
Stock TradingStarStarStarStarEmpty Star
Options TradingStarStarStarStarHalf Star
Mobile AppStarStarStarStarHalf StarStarStarStarStarHalf Star
Commissions and FeesStarStarStarStarStar
Ease of UseStarStarStarEmpty StarEmpty StarStarStarStarStarHalf Star
ResearchStarStarStarStarEmpty StarStarEmpty StarEmpty StarEmpty StarEmpty Star
Annual FeeStarStarStarStarStar
Minimum DepositStarStarStarStarStar
Customer ServiceStarStarStarHalf StarEmpty Star
Pros & ConsPros:
  • No trade fees
  • Advanced research tools
  • Extended trading hours
  • Offers fractional shares
Cons:
  • Not beginner friendly
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
Bottom LineGood free trading app for more experienced investors... Read full reviewNo-fee 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.

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

Webull

20 Free Fractional Shares

Expires in 3 days

Open a new Webull individual brokerage account. Deposit $500 - $24,999 into the account during the promotional period to get 20 fractional shares, each valued between $3 - $3,000. Maintain your funds in the account for 30 days or more. Terms and conditions apply.

Webull

75 Free Fractional Shares

Expires in 3 days

Open a new Webull individual brokerage account. Deposit $25,000 or more into the account during the promotional period to get 75 fractional shares, each valued between $3 - $3,000. Maintain your funds in the account for 30 days or more. Terms and conditions apply.

Webull

Up to $100 Transfer Fee Reimbursement

Transfer fees of up to $100 will be reimbursed when you make an initial transfer of $2,000 or more.

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

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 ValuePromotional 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.

Expires 3/31/2024
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: Webull or M1 Finance?

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

In short: Webull's research is worth mentioning. M1 Finance's ease of use is notable.


Articles on Webull

Webull Review

Webull offers $0 trades for stocks, ETFs, and options. But it's not perfect. Find out if Webull fits your investing needs.

Is Webull Safe

Webull is one of the most popular apps for investing. But is it safe? Keep reading to see how it protects your money.

Articles on M1 Finance

M1 Finance Reviews

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 fee-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 fee-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?





You Might Also Like

How to Buy Robinhood Stock

How to Buy Robinhood Stock

Looking to buy Robinhood stock and learn about all its benefits and risks? Here's all you need to know.
How to Buy Microsoft Stock

How to Buy Microsoft Stock

You want to take advantage of Microsoft's 48-year success in the industry? Here's our step-by-step guide on how to buy a Microsoft stock.
How to Buy Meta Stock

How to Buy Meta Stock

Meta is one of the top investments even for beginner investors. Here's a step-by-step guide and post-purchase tips to maximize your investment.
How to Buy Roblox Stock

How to Buy Roblox Stock

Want to embark on an investment journey with Roblox? Explore our step-by-step guide and recommended brokerage platforms. Let's dive in!
M1 Finance vs Robinhood vs Webull

M1 Finance vs Robinhood vs Webull

M1 Finance, Robinhood, and Webull are the three most popular no-fee investment apps. Find out which fits your needs best.
How to Invest in Stocks as a Teenager

How to Invest in Stocks as a Teenager

Investing isn't just for adults anymore. But how exactly do you go about investing when you're still in school? Find out in this detailed guide.
How to Get Free Stocks

How to Get Free Stocks

Discover 15+ platforms offering free stocks and bonuses - a fortune isn't essential.
Best Stock Tracking App

Best Stock Tracking App

Searching for an easy way to keep up on the latest stock market trends as well as the state of your own portfolio?
Best Investment Accounts

Best Investment Accounts

Looking to open an investment account? In this list, review the best investment accounts to choose from and how to pick the right one for you.
How to Invest in Index Funds

How to Invest in Index Funds

Index funds are a low-cost and passive way to invest. If you're afraid of picking the wrong investments, learn how index funds may be a safer option.

Next Page:

About CreditDonkey
CreditDonkey is a personal finance comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: Many of the offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.

About Us | Reviews | Deals | Tips | Privacy | Do Not Sell My Info | Terms | Contact Us
(888) 483-4925 | 680 East Colorado Blvd, 2nd Floor | Pasadena, CA 91101
© 2024 CreditDonkey Inc. All Rights Reserved.