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.

	Webull	M1 Finance

	Visit Site	Visit Site
	SPECIAL OFFER Up to $100 Transfer Fee Reimbursement - 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 Support	Yes (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 For	Experienced investors; Active traders	DIY 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 App	Yes (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
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 Platform	Desktop, Web Trading, Mobile Apps
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	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

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 investing app that allows you to choose your own investments... Read full review
	Visit Site	Visit Site
	Up to $100 Transfer Fee Reimbursement $75 Account Transfer Bonus Get Started	M1 Investment Account - Up to $500 Bonus Commission Free Stock Trading Get M1 Plus Free for First 3 Months
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.

Up to $100 Transfer Fee Reimbursement

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

$75 Account Transfer Bonus

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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.

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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.

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Expires 12/31/2024

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, then it's just $3 a month.

M1 Plus is a paid membership that confers benefits for products and services offered by M1 Finance LLC, M1 Spend LLC and M1 Digital LLC, each a separate, affiliated, and wholly-owned operating subsidiary of M1 Holdings Inc. "M1" refers to M1 Holdings Inc., and its affiliates.

*Your free trial (a $9 value) begins the date you enroll in the M1 Plus subscription, and ends 3 months after (“Free Trial”). Upon expiry of the Free Trial, your account is automatically billed a monthly subscription fee of $3 unless you elect annual billing of $36 or cancel your subscription under your Membership details in the M1 Platform. We'll remind you when your renewal date is approaching.

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