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U.S.-only automated investing and cash-management platform offering self-directed stock/ETF brokerage accounts, portfolio automation through Pies and Auto-Invest, margin loans, high-yield cash sweep accounts, and Bakkt-provided crypto accounts.
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84
/100
Overall
Overall is usable, but check the supporting evidence and caveats.
Headline score from research fields, regulation evidence, and scoring payload.
U.S. buy-and-hold investors · automated portfolio allocation · fractional-share stock and ETF portfolios
Entity, country restrictions, and high-risk fee fields should be checked carefully.
Before you decide
Negative Balance Protection
No explicit negative balance protection found for brokerage or crypto accounts; margin account disclosures emphasize maintenance calls and possible forced liquidation if equity falls below maintenance requirements.
Spread From
Not applicable or not broker-level for this investment-platform profile; review if leveraged products apply.
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Important disclosure
Availability, fees, investor protection, and regulation can vary by country and legal entity. Verify the broker and regulator details directly before opening an account.
84
/100
Overall score
Overall score is usable, but check the supporting evidence and caveats.
Trust is usable, but check the supporting evidence and caveats.
Withdrawal is usable, but check the supporting evidence and caveats.
Availability
Availability can vary by legal entity, account type, and local regulation. Treat this as a shortlist signal and verify details with the broker before opening an account.
M1 is not available outside the U.S. except for eligible U.S. citizens or permanent residents with U.S. address and phone.
SourceEvidence
SEC registered broker-dealer; Member FINRA / SIPC.
SourceM1 Finance LLC CRD#: 281242 / SEC#: 8-69670; M1 Advisory Services LLC CRD Number 249787, SEC File Number 801-106511.
SourceNot disclosed in extracted official sources; needs editor review.
SourceNo explicit negative balance protection found for brokerage or crypto accounts; margin account disclosures emphasize maintenance calls and possible forced liquidation if equity falls below maintenance requirements.
SourceMember SIPC; securities customers protected up to $500,000 including $250,000 cash. Certain Apex-cleared accounts have excess SIPC. High-Yield Cash balances are eligible for FDIC insurance up to $4.75M when swept to partner banks. Crypto is not SIPC or FDIC insured.
SourceMinimums: $100 individual/joint/custodial brokerage; $5,000 trust; $500 Traditional/Roth/SEP IRA; $100 crypto; High-Yield Cash individual account shows no minimum to open but stated APY requires $100 minimum initial deposit.
SourceNot applicable or not broker-level for this investment-platform profile; review if leveraged products apply.
SourceM1 Finance LLC does not charge commission, trading, or management fees for self-directed brokerage accounts, but platform, regulatory, account closure, ADR and other fees may apply.
SourceM1 is not available outside the U.S. except for eligible U.S. citizens or permanent residents with U.S. address and phone.
SourceMost stocks and ETFs listed on major U.S. exchanges such as NYSE and NASDAQ, certain OTC securities, fractional shares, and selected cryptocurrencies via Bakkt.
SourceM1 products are offered via its website and M1 Finance mobile application, available on iOS and Android.
SourceIndividual Brokerage, Joint Brokerage, Trust, Custodial, Traditional IRA, Roth IRA, SEP IRA, Cash Account (High-Yield Cash), Crypto Account.
SourceVS next
These brokers share similar type or asset-class signals. Open the VS page to compare regulation, cost, platforms, withdrawals, and caveats side by side.
Overall 91 · Trust 100
Borrow up to 50% against eligible securities with M1 Margin Loans; not all securities are eligible and available margin may require more than $2,000 per brokerage account.
SourceDirect ACH deposits from or to connected bank are always free; incoming wire fee is $0, though sending bank may charge.
SourceACH transfers are free; outgoing domestic wire from Earn is $25; outgoing direct account transfers are $100.
SourceLow-balance M1 investment accounts with value $50 or less and zero trading or deposit activity for 90+ days will be closed and remaining balance up to $50 charged as a Minimum Balance Fee.
SourceExternal bank connection via Plaid or micro-deposits supports deposits/withdrawals; incoming wires are available for High-Yield Cash/Savings; brokerage transfers can be initiated via ACAT.
SourceWithdraw via linked external bank; High-Yield Cash/Savings support outgoing domestic wires by form; direct account transfers out are available for a fee.
Source
Overall 91 · Trust 100
Overall 91 · Trust 100