M1 Finance

M1 Finance combines the ease of a robo-advisor with the control of a traditional brokerage. You create 'Pies' (portfolios) of stocks and ETFs, and M1 automatically allocates your deposits to match your target percentages.

Frequently Asked Questions

1. Is it free?

Yes. M1 does not charge trading commissions or management fees for the basic account.

2. What is M1 Plus?

It is a premium membership ($3/month) that offers better borrowing rates, custodial accounts, and afternoon trading windows.

3. Can I borrow money?

Yes. M1 Borrow allows you to borrow against your portfolio at very low interest rates.

4. Do they offer checking?

Yes. M1 Spend is a high-yield checking account integrated with your investments.

5. Is there a minimum?

The minimum to open an account is $100 ($500 for retirement accounts).