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. 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.

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

	Webull	M1 Finance


	SPECIAL OFFER Get up to 12 free fractional shares - Learn More Read Webull Review	SPECIAL OFFER Commission Free Stock Trading - Learn More Read M1 Finance Review
	Benefits and Features
Stock Trading	$0	$0
Options Trading	$0	No
Annual Fee	None	None
Cryptocurrency Trading	$0	No
Minimum Deposit	$0	$100
Mutual Fund Trading		No
Commission Free ETFs	All U.S. listed ETFs	All U.S. listed ETFs
Phone Support	24/7	Monday - Friday 9:30 am to 4 pm EST
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	Experienced investors; Active traders	DIY investing with passive portfolio management
Inactivity Fee	$0	$20 (for accounts with less than $20 and no activity for 90+ days)
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	No	All users can open a M1 Spend account with free debit card. No monthly service fees and no balance requirements.
Mobile App	Yes
Desktop App	Yes
Two-Factor Authentication	Mobile Only	Yes
Locations		No
Online Community		No
Seminars		No
Virtual Trading	Yes. Free paper trading account with $1,000,000 in fake money	No
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

Stock Trading
Options Trading
Mobile App
Commissions and Fees
Ease of Use
Research
Annual Fee
Minimum Deposit
Customer Service
Pros & Cons	Pros: 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 Line	Good free trading app for more experienced investors... Read full review	No-fee robo-advisor that allows you to choose your own investments... Read full review

	Get up to 12 free fractional shares $75 Account Transfer Bonus Get Started	Commission Free Stock Trading Get M1 Plus Free for First 3 Months Invest Automatically with M1 Finance
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

Get up to 12 free fractional shares

Get Free Fractional Shares

Expires 2/28/2023

Get up to 12 free fractional shares (at least 6 shares) by opening and funding ANY AMOUNT for a new account.

Open a brokerage account to get 2 free stocks each valued at $3 - $300
Deposit any amount to get up to 10 free stocks each valued at $7 - $3000

$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.

Get Started

Commission Free Stock Trading

Start Investing

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

Get M1 Plus Free for First 3 Months

New M1 customers get M1 Plus for free on their first 3 months. M1 Plus is $125/year.

M1 Plus is a $125 annual subscription offering products and services from M1 Spend LLC and M1 Finance LLC, both wholly-owned, separate but affiliated subsidiaries of M1 Holdings Inc.

*Your free trial (a $31.25 value) begins the date you enroll in the M1 Plus subscription, and ends 90 days after ("Free Trial"). Upon expiry of the Free Trial, your account is automatically billed an annual subscription fee of $125 unless you cancel under your Membership details in the M1 Platform.

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