Offer value details
M1 describes a self-directed brokerage experience built around customizable portfolio Pies, target allocations, automated buys, dividend handling, scheduled trade windows, rebalancing, performance tools, margin availability, and multiple account types.
Qualification requirements
The reviewed page says M1 supports individual and joint taxable brokerage accounts, custodial accounts, traditional IRA, Roth IRA, SEP IRA, trust accounts, and crypto accounts. Account opening remains subject to M1 approval, funding, account type, product eligibility, and trading permissions.
Fees and costs
M1 says it does not charge commission, trading, or management fees for self directed brokerage accounts. M1 also says a $3 monthly Platform Fee or IRA Fee can apply unless waiver requirements are met, and the fee schedule lists possible regulatory, paper, tax document, outgoing transfer, IRA termination, DRS transfer, returned item, crypto, and service fees.
Availability
Brokerage products and services are offered by M1 Finance LLC, an SEC registered broker-dealer and Member FINRA/SIPC. The public Financial Bonuses profile is scoped to U.S. comparison use and does not imply account approval or suitability.
What to verify
- All investing involves risk, including possible loss of the money invested.
- M1 says it does not provide investment advice or recommendations.
- Brokerage products and services are not FDIC insured, have no bank guarantee, and may lose value.
- SIPC membership does not protect against market losses.
- Margin borrowing, options, crypto through Bakkt, and other product features have separate risk, fee, and eligibility terms.
Confirm current provider terms
Rates, rewards, fees, qualification rules, eligibility, and deadlines can change. Review the provider terms before applying.