- Leverage: Margin Trading
- Regulation: SEC, FINRA, SIPC
- Min. Deposit: $100
- HQ: USA
- Platforms: M1 Proprietary Trading Platform, Mobile Apps
- Found in: 2015
M1 Finance Licenses:
- M1 Finance LLC – authorized by SEC (USA) CRD#: 281242/SEC#: 8-69670
- M1 Finance LLC – member of FINRA & SIPC (USA)
- M1 Finance is a stock trading and investing platform that offers a unique blend of self-directed investing and robo-advisory services. It allows users to trade various financial products, including stocks, shares, ETFs, cryptocurrencies, fractional shares, and securities.
- Regulated by the US Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA), and Securities Investor Protection Corporation (SIPC), M1 Finance ensures compliance with securities laws and provides transparent information to its users.
- Known for its user-friendly interface, M1 Finance aims to simplify the investment process for both novice and experienced investors.
- Yes, M1 Finance is a stock trading brokerage platform that provides self-directed investing and robo-advisory services. Users can create and manage diversified portfolios by selecting individual stocks and ETFs. The platform offers features such as fractional share investing and automatic rebalancing.
- Pros and Cons of M1 Finance: Pros:
- Innovative “Pie” investing feature for creating and managing diversified portfolios
- Automatic rebalancing and no-commission trading
- Option to borrow against one’s portfolio through M1 Borrow
- Cons:
- Limited research tools and educational resources compared to traditional brokerage platforms
- Does not provide access to certain investment products like mutual funds and options, which may restrict investment choices for some users
