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M1 Finance Promotions

Read our in-depth review of M1 Finance to see why M1 Finance scored 3.9 stars out of 5. We like their choose your own investments, can invest in individual stocks, and morning and afternoon trade windows.

If you're looking for brokerage promotions, you must check out these offers.

Commission Free Stock Trading

M1 Finance allows investors the choice of ETFs and stocks. M1 charges $0 commission fees on trading

M1 Finance Fees

Invest Automatically with M1 Finance

Acorns

$20 Investment Bonus

  • Open an Acorns account (new users only)
  • Set up the Recurring Investments feature
  • Have your first investment be made successfully via the Recurring Investments feature
Webull

20 Free Fractional Shares

Expires 12/2/2024

Open a new Webull individual brokerage account. Make a single initial deposit of $500 - $1,999.99 during the promotional period to get 20 fractional shares, each valued between $3 - $3,000. Maintain a balance of $500 - $1,999.99 in the account for 30 days or more. Terms and conditions apply.

Fundrise

Invest in Real Estate with $10+

  • Only $10 minimum investment
  • Get a diversified portfolio of real estate projects across the US
  • Open to all investors
GROUNDFLOOR

Invest in Real Estate with $10

The minimum investment amount is only $10. (Though most transfer $100 for better diversification; subsequent transfers can be for any amount)

  • Short-term real estate investments lasting just 12-18 months
  • Open to non-accredited investors
  • No investor fees

    Highlights

    Stock Trading
    $0
    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
    Yes
    Minimum Deposit
    $100 ($500 for IRAs, $5,000 for Trust Account)
    Commission Free ETFs
    All U.S. listed ETFs
    Mutual Fund Trading
    No
    Phone Support
    Monday - Friday 9:30 am to 4 pm EST
    Live Chat Support
    No
    Email Support
    Yes
    Human Advisors
    No
    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
    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
    Yes
    iPhone App
    Yes (4.6 stars, 33.3k ratings)
    Android App
    Yes (4.5 stars, 15.7k ratings)
    Two-Factor Authentication
    Yes
    Locations
    No
    Online Community
    No
    Seminars
    No
    Virtual Trading
    No
    Fractional Shares
    Yes
    Taxable Accounts
    Yes
    401k Plans
    No
    IRA Accounts
    Yes
    Roth IRA Accounts
    Yes
    SEP IRA Accounts
    Yes
    Trust Accounts
    Yes
    529 Plans
    No

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

 Robinhood
 Learn MoreVisit Site
 

M1 Finance

Robinhood

 

Benefits and Features

Stock Trading
$0
$0
Options Trading
No
$0
Annual FeeA $3 monthly platform fee will apply to clients with less than $10,000 in M1 assets or without an active M1 Personal Loan.
None
Cryptocurrency Trading
Yes
$0
Minimum Deposit$100 ($500 for IRAs, $5,000 for Trust Account)
$0
Mutual Fund Trading
No
No
Commission Free ETFsAll U.S. listed ETFsAll U.S. listed ETFs
Phone SupportMonday - Friday 9:30 am to 4 pm EST
650-761-7789 (available 24/7)
Live Chat Support
No
Available 24/7 (requires sign in)
Email Support
Yes
Yes
Human Advisors
No
No
Robo Advisor 
No
Assets Under Management
$4.5 Billion
$102 Billion
Penny Stocks 
Yes
Tax Loss HarvestingNo, but offers tax minimization features
No
Goal Tracker
No
No
Automatic Deposits
Yes
Yes
Broker Assisted Trades
Included
Not available
Good ForDIY investing with passive portfolio management
Beginners; Active traders
Inactivity Fee$50 (for accounts with $50 or less and no trading or deposit activity for 90+ days)
$0
Maintenance Fee$3 monthly platform fee for accounts with less than $10,000 in M1 assets, or without an active M1 Personal Loan
$0
Online Platform
Yes
Yes
iPhone App
Yes (4.6 stars, 33.3k ratings)
Yes (4.2 stars, 4.3M ratings)
Android App
Yes (4.5 stars, 15.7k ratings)
Yes (4.1 stars, 483k ratings)
Banking Offers Robinhood spending account with Robinhood Cash Card issued by Sutton Bank
Mobile App
Check
iOS & Android
Desktop App 
None
Two-Factor Authentication
Yes
Device approvals, Authenticator app, SMS
Forex Trading 
No
Futures Trading 
No
Bond Trading 
No
CFD Trading 
No
Currency Trading 
No
Customer Service Live Chat (24 hours via Robinhood app)
Phone: 650-761-7789 (available 24/7)
Email: support@robinhood.com
Locations
No
No
Online Community
No
No
Seminars
No
Yes
Trading Platform 
Web Trading, Mobile Apps
Virtual Trading
No
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
Yes
No
Trust Accounts
Yes
No
529 Plans
No
No
 Learn MoreVisit 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.

Robinhood: Pricing information from published websites as of 08/13/2024.

M1 Borrow

Set Up a Retirement Account in Fifteen Minutes or Less

Invest in your future with Traditional, Roth, and SEP IRAs.

Dynamic Rebalancing

Set Up a Joint Account

Establish a joint account with a relative, spouse or domestic partner.

Compare Returns

  • Create your own pies by choosing your own investments.
  • Use one of the preset templates.
  • Tweak a preset template to your liking.

M1 Finance Alternatives

Robinhood

Commission-Free Trades

Trade stocks, funds, options, and cryptocurrencies

Webull

40 Free Fractional Shares

Expires 12/2/2024

Open a new Webull individual brokerage account. Make a single initial deposit of $2,000 or more during the promotional period to get 40 fractional shares, each valued between $3 - $3,000. Maintain a balance of at least $2,000 in the account for 30 days or more. Terms and conditions apply.

eToro
eToro USA LLC and eToro USA Securities Inc.

Deposit $100 and Get $10 from eToro USA LLC

Expires 12/31/2024
For a limited time, you can get $10 when you deposit $100 in your eToro account. Here's how:
  1. Sign up for an eToro account
  2. Deposit $100
You'll automatically receive $10 directly to your account balance. Offer only applies to US customers. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk.
Fundrise

Invest in Real Estate with $10+

  • Sign up in minutes; no complicated paperwork
  • $10 minimum investment
  • No income requirements
  • Multiple investing plans tailored to your goals
  • Completely passive investment
  • Low 1% annual fee

Articles on M1 Finance

M1 Finance

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 commission-free investment app offering ready-made portfolios that are made up of "pies." What's the best M1 Finance Pie? Find out.

M1 Finance Alternatives

M1 Finance is a popular app for commission-free investing. But is there a better option for you? Find out in this detailed guide to M1 Finance alternatives.

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Add Your Comment



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More Brokerage Promotions

Robinhood

Robinhood Promo

Get a Free Stock (worth between $5 and $200)
Acorns

Acorns

$20 Investment Bonus
Webull

Webull

20 Free Fractional Shares

Stash

Sign Up and Get $5

More Deals from CreditDonkey

Robinhood

Robinhood lets you trade stocks commission-free and has no account minimums. Is it safe? Are there hidden fees? Read on for the pros and cons.

Acorns

Acorns automatically invests your spare change. But can it help make you money? Find out if this app is safe and legit.

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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.

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