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 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	$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	M1 Investment Account - Up to $500 Bonus Commission Free Stock Trading Transfer and Earn Up to $15,000
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 6/30/2023

Get up to 12 free Fractional Shares when making an initial deposit of ANY AMOUNT! Each is valued between $3-$3000

Register and open a new account.
Then, deposit any amount to get 6-12 free fractional shares.

$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

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 Value	Promotional 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.

Get Deal

Expires 12/31/2023

Commission Free Stock Trading

Start Investing

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

Transfer and Earn Up to $15,000

Complete an Automated Customer Account Transfer Service (ACATS) of at least $100,000 in aggregate and earn up to $15,000. Promotional credit will depend on the amount transferred to the account.

Transfer Account Value	Promotional Credit
$100,000 - $249,999.99	$250
$250,000 - $499,999.99	$1,000
$500,000 - $999,999.99	$2,000
$1,000,000 - $1,999,999.99	$4,000
$2,000,000 - $4,999,999	$10,000
$5,000,000+	$15,000