M1: Modern Investing & Banking

M1 Finance

About this app

M1: Where sophisticated wealth-building meets simplicity.

Your all-in-one platform for earning, investing, spending, and borrowing.

Join hundreds of thousands of investors who trust us with over $9B in assets.

EARN

Earn 5.00% APY1 on money in your High-Yield Cash Account. Set your own rules and automate money moves with Smart Transfers.

INVEST

Automate your long-term strategy when you invest with an individual, joint, trust, or custodial account. Or open a Traditional, SEP, or Roth IRA or rollover a 401(k).

Build a custom portfolio with over 6,000 stocks and ETFs. Choose from pre-made Model Portfolios based on common strategies, so you can easily invest according to your values, risk tolerance, retirement plan, and more. Auto-invest over time for your long-term strategy.

Let our automation purchase shares for you. The algorithm will never sell unless you tell it to. Enjoy tax-smart selling when you do.

Fractional shares let you invest as little as one dollar for more power and flexibility. If you choose to transfer your account to another broker-dealer, only the full shares are guaranteed to transfer. Fractional shares may need to be liquidated and transferred as cash.

One-click rebalancing makes sure your investments match your goals.

INVEST - CRYPTO

M1 offers investing in cryptocurrencies, including BTC and ETH. You can make Crypto part of your long-term investing strategy, invest automatically in custom pies, commission-free.^

SPEND

Earn and reinvest cash back as you like with the Owner’s Rewards Card. You can automatically reinvest your rewards money to build wealth—even as you spend it.

BORROW - MARGIN

Margin lets you tap into the power of your portfolio through a line of credit set against your investment account. Qualified brokerage accounts with over $2,000 invested get built-in access to margin.

Leverage up to 50% of your portfolio at a rate of 7.25%. Tap into your funds in minutes for liquidity without selling off your securities.

No paperwork. Pay back on your schedule—there’s no minimum or maximum repayment period.

BORROW - PERSONAL LOANS

Borrow $2,500–$50,000 over 2-7 years for almost anything.

No prepayment penalties, origination fees, or late fees.

APRs can vary between 7.99% - 21.75% APR. Rates are not guaranteed and are subject to change. Not all applicants qualify for the lowest available rate.
Example: A borrower receives a loan of $15,000, for a term of 36 months, with an APR of 11.17%. In this example, the borrower will make 36 monthly payments of $429.31 for a total of $17,723.16 ($2,723.16 interest). APR is calculated based on 3-year rates offered in Jan 2024.

PLAN FOR RETIREMENT

Open a Traditional, SEP, or Roth IRA or rollover a 401(k).

Automate and think about maxing out your retirement contributions with recurring deposits and auto-invest functions.

ACCOUNT PROTECTION

M1 Finance LLC, Member of SIPC. Securities in your M1 investment accounts protected up to $500,000. For details, see www.sipc.org.

Additional DISCLOSURES

See disclosures in the final screenshot above or visit https://m1.com/legal/disclosures

M1 refers to M1 Holdings Inc., and its affiliates. M1 Holdings is a technology company offering a range of financial products and services through its wholly-owned, separate but affiliated operating subsidiaries, M1 Finance LLC and M1 Spend LLC.

Must be 18+ and US resident to open an account.

Brokerage products and services are not FDIC insured, not bank guaranteed, and may lose value. M1 Finance LLC, Member FINRA / SIPC.

All product and company names are trademarks™ or registered® trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.

© Copyright 2024 M1 Holdings Inc.

App distributed by: M1 Finance LLC; 200 N LaSalle St., Ste. 800; Chicago, IL 60601; United States

Ratings and reviews

Seriously cool app. I love the level of customization you can get with your portfolio but utilizing different pies, slices, etc. So far I've really been loving it. You can put any stocks & ETFs you want in your portfolio, but you can even customize the weight that each security, or even group of securities, is assigned. Haven't really seen anything like it elsewhere.

7/18/24 edit - There's a $3 monthly fee and the app has become needlessly complicated. It's not a app to access and manage your accounts app anymore. It's a "banking" app. They've buried the features that made it an accessable investing app in junk menus with names that don't reflect what is contained in the menu. If I wasn't already using it I don't know that I would start a new account.

The M1 app is easy to use. Research and track potential stocks before you invest, also easy way to get started in investing. One time deposit or set up regular investing. The only "downfall" to be aware of is, you must maintain $10k or be charged a $3 monthly fee. It's unfortunate that those that are just starting their investment journey have to pay a penalty. Overall, still an easy app to build your portfolio in.

What's new

Here's what you'll find in the latest update:
- Bug fixes and improvements

Let us know what you think by leaving a review or contacting us at [e-mail].