TradeStation vs M1 Finance
Visit Site | Learn More | |
TradeStation | M1 Finance | |
---|---|---|
Invest and Earn Up to $3,500 - | Commission Free Stock Trading - | |
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 | 800.822.0512 U.S. (toll-free) | 954.652.7900 U.S. (direct) Monday - Friday, 8AM - 5PM ET | Monday - Friday 9:30 am to 4 pm EST |
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 | $1.50 per Standard contract per side and $0.50 per Micro contract per side | |
Bond Trading | ||
CFD Trading | Yes (CFD trading is not permitted in the US.) | |
Currency Trading | Yes (not available in TradeStation US) | |
Customer Service | Phone: 800-822-0512 | 954-652-7900 Monday - Friday: 8AM - 5PM ET Live Chat Email: Sales@TradeStation.com | |
Locations | ||
Online Community | ||
Seminars | ||
Trading Platform | Desktop, Web Trading, Mobile Apps, FuturesPlus | |
Virtual Trading | ||
Fractional Shares | ||
Taxable Accounts | ||
401k Plans | ||
IRA Accounts | ||
Roth IRA Accounts | ||
SEP IRA Accounts | ||
Trust Accounts | ||
529 Plans | ||
CreditDonkey® Reviews | ||
Annual Fee | ||
Minimum Deposit | ||
Mobile App | ||
Customer Service | ||
Ease of Use | ||
Research | ||
Pros & Cons | Pros:
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Bottom Line | Commission-free investing app that allows you to choose your own investments... | |
Visit Site | Learn More | |
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. |
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.
Trade Options for $0.25 Per Options Contract
Active options traders can enjoy limited-time pricing of just $0.25 per options contract on new accounts when you sign up by December 31, 2024. Additional terms apply, and pricing is subject to change. Options trading is not suitable for all investors.