M1 Finance vs TradeStation
M1 Finance is a commission-free investing app that allows you to choose your own investments. How does it compare to TradeStation? Read our comparison chart below.
 |  | |
| Visit Site | Visit Site | |
M1 Finance | TradeStation | |
|---|---|---|
Commission Free Stock Trading - | 50% Off Futures Brokerage Fees for New Customers with Code FUTRAFZT - | |
Benefits and Features | ||
| Stock Trading | ||
| Options Trading | $0 Commission + $0.60 per contract | |
| Annual Fee | A $3 monthly platform fee will apply to clients with less than $10,000 in M1 assets or without an active M1 Personal Loan. | |
| Cryptocurrency Trading | ||
| Minimum Deposit | $100 ($500 for IRAs, $5,000 for Trust Account) | |
| Mutual Fund Trading | ||
| Commission Free ETFs | All U.S. listed ETFs | |
| Phone Support | Monday - Friday 9:30 am to 4 pm EST | 800.822.0512 U.S. (toll-free) | 954.652.7900 U.S. (direct) Monday - Friday, 8AM - 5PM ET |
| Live Chat Support | Yes (Monday - Friday, 8AM - 5PM ET) | |
| Email Support | ||
| Human Advisors | ||
| Robo Advisor | ||
| Assets Under Management | ||
| Penny Stocks | ||
| Tax Loss Harvesting | No, but offers tax minimization features | |
| Goal Tracker | ||
| Automatic Deposits | ||
| Broker Assisted Trades | ||
| Good For | DIY investing with passive portfolio management | |
| Inactivity Fee | $50 (for accounts with $50 or less and no trading or deposit activity for 90+ days) | |
| Maintenance Fee | $3 monthly platform fee for accounts with less than $10,000 in M1 assets, or without an active M1 Personal Loan | |
| Online Platform | ||
| iPhone App | ||
| Android App | ||
| Banking | ||
| Mobile App |  | |
| Desktop App | ||
| Two-Factor Authentication | Auth0 Guardian app, SMS, or Google Authenticator app | |
| Forex Trading | Yes (not available in TradeStation US) | |
| Futures Trading | ||
| Bond Trading | ||
| CFD Trading | Yes (CFD trading is not permitted in the US.) | |
| Currency Trading | Yes (not available in TradeStation US) | |
| Customer Service | Monday – Friday, 8:00 a.m. – 5:00 p.m. ET
| |
| Locations | ||
| Online Community | ||
| Seminars | ||
| Trading Platform | Desktop, Web Trading, Mobile Apps, FuturesPlus, TS Crypto | |
| Virtual Trading | ||
| Fractional Shares | ||
| Taxable Accounts | ||
| 401k Plans | ||
| IRA Accounts | ||
| Roth IRA Accounts | ||
| SEP IRA Accounts | ||
| Trust Accounts | ||
| 529 Plans | ||
CreditDonkey® Reviews | ||
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| Annual Fee |  | |
| Minimum Deposit | | |
| Mobile App |  | |
| Customer Service |  | |
| Ease of Use | | |
| Research | | |
| Pros & Cons | Pros:
| |
| Bottom Line | Commission-free investing app that allows you to choose your own investments... | |
| Visit Site | Visit 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. | ||
Commission Free Stock Trading
M1 Finance allows investors the choice of ETFs and stocks. M1 charges $0 commission fees on trading
Invest and Earn Up to $3,500
Enroll your new or existing TradeStation account in this offer by using promo code TSTVAGFD on your new account application, requesting to enroll via telephone or with a TradeStation Representative, or completing the enrollment form. Within 45 days of account enrollment, fund your account with at least $5,000. Maintain at least $5,000 in your account for 270 calendar days. New assets will be aggregated during the 45-calendar day period following the enrollment date to determine the amount of your cash offer.
| New Assets | Cash Bonus |
|---|---|
| $5,000 - $24,999 | $150 |
| $25,000 – $99,999 | $300 |
| $100,000 – $249,999 | $500 |
| $250,000 – $499,999 | $1,000 |
| $500,000 – $999,999 | $2,000 |
| $1,000,000 or more | $3,500 |
Trade Futures in IRA for $0.65
Trade futures in your IRA account for a discounted rate of $0.65 per contract per side. Use promo code 0035AEZP to get special offer. Terms and conditions apply.
Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing M1 Finance or Robinhood.
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