What securities does M1 support? | M1 Help Center (2024)

FAQs

What securities does M1 support? | M1 Help Center? ›

M1

‌M1 Finance is a self-directed automated investing platform that allows you to trade more than 6,000 stocks and ETFs and build customized Model Portfolios. You can also manage your spending with its Owner's Reward Card, save in a high-yield savings account, and borrow through M1's Margin and Personal Loan products.

In a nutshell

M1 Finance may be the heavyweight champion among self-directed investing platforms. M1 finance is an industry leader in low-fees and a wide variety of investment options. You can open both taxable and tax-advantaged accounts, like traditional and Roth IRAs.

M1 Finance LLC is a FINRA member firm and a member of SIPC. M1 Finance is a member of SIPC, which protects securities for customers of its members up to $500,000 (including $250,000 for claims for cash).

M1 has all you need to take control of your finances with M1 Invest Accounts, M1 Margin Loans, M1 High-Yield Savings Accounts, M1 High-Yield Cash Accounts, the Owner's Rewards Credit Card by M1, and M1 Personal Loans - all in one easy-to-use platform. M1 Invest Accounts: Flexible, customizable, and automated.

Fully paid securities lending is when M1 lends whole shares of stocks to meet the obligations of investors and institutions. 10% of the revenue earned from lending out your shares is passed along to you. The shares in your account are still economically yours even if they are on loan.

Compared to the Intel-based Dell XPS 13 9310, one of its closest competitors, the M1 MacBook Air is a whopping 42% faster in the multi-core Geekbench 5 test. In Basemark, which tests web-based performance, the MacBook Air pulls ahead by a still-insane 22%. The MacBook Air can handle multitasking incredibly well.

M1 is a commission-free platform. Beginning May 15, 2024, clients without an active M1 Personal Loan or clients with M1 assets that do not reach a minimum value of $10,000 at least one day during each billing cycle will incur a monthly $3 platform fee.

The bottom line: M1 Finance stands out for its unique investment approach, as "Slices" made up of different securities are part of a whole "Pie." But its few educational resources and limited trading windows may be more attractive to hands-off investors who want a long-term investment strategy.

What is the M1 platform? ›

M1 offers an electronic trading platform for the trade of financial assets including common stocks, preferred stocks, fractional-share ownership, and exchange-traded funds.

That depends on what you're looking for. Fidelity, Schwab and larger financial firms offer a wider range of investments, 24/7 customer service, bank branches and robo-advisors. Although, M1 outshines the larger investment companies with its range of model portfolios and fee-free rebalancing.

M1 is not a bank. M1 Spend is a wholly-owned operating subsidiary of M1 Holdings Inc. M1 High-Yield Savings Accounts are furnished by B2 Bank, NA, Member FDIC.

Just like savings accounts offered by big banks, M1 High-Yield Savings Accounts are backed by FDIC insurance.

For certain investors, these M1 disadvantages could rule out the platform. M1 has limited investment options. The platform lacks individual bonds, mutual funds, and options trading. There are 8,000 stocks on the NYSE and over 3,000 ETFs and M1 offers access to 6,000 stocks and ETFs.

M1 offer 6,000+ stocks and ETFs listed on the NYSE and NASDAQ exchanges and a select number of OTC securities available to clients. Learn more about different security types such as stocks, bonds, and ETFs in our glossary.

M1 Personal Loans can provide financial flexibility by permitting borrow amounts from $2,500 to $50,000 at a fixed rate without the need for collateral. *All investing involves risk, including the risk of losing the money you invest.

Finding the best online stock broker for you largely depends on what you value as an investor: Robinhood is a strong contender for an active investor who wants to trade options or cryptocurrencies. M1 Finance stands out for a passive investor who seeks to invest, borrow, and bank all under one roof.