COMPARISON

How does M1 compare?

M1 is the intelligent, seamlessly integrated money management platform that puts your financial future in your hands.

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Our mission is to empower you to improve your financial well-being

Everything we do centers on you, the investor.

From our product features, to our automation capabilities, to the content we produce, we’re focused on helping you manage your money and grow your wealth the way you want to.

M1 options - Flexible

freedom

Choose the stocks and ETFs you want in your portfolio.

M1 options - Flexible

EASY

Diversify easily with fractional shares.

M1 options - Flexible

POWERFUL

Schedule contributions and rebalance with one click.

M1 options - Flexible

SOPHISTICATED

Borrow against your investments.1

With M1, there’s no comparison

M1 provides greater automation, better checking, lower margin rates, and more chances to keep doing more of what you want.

M1 Logo

Vanguard

Schwab

Fidelity

Robinhood


AUTOMATION

M1 Logo

Dynamic Rebalancing, Investing schedules, Smart Transfers2 

Vanguard

Yes, only with Digital Advisor and associated fees and minimum investments

Schwab

Only available with Intelligent Portfolios®

Fidelity

Only available with hybrid robo advisor

Robinhood

Only investment schedules for specific stocks and ETFs


FRACTIONAL SHARES

M1 Logo

Yes, on stocks and ETFs

Vanguard

No

Schwab

Yes, only on S&P 500 stocks®, minimum $5 investment

Fidelity

Yes, only available on mobile app

Robinhood

Yes, on stocks and ETFs


MARGIN RATES

M1 Logo

5.00% — 6.50%3

Vanguard

7.50% – 10.75%

Schwab

9.075% – 10.575%

Fidelity

9.075% – 10.575%

Robinhood

$5/month + 5% or 9%


DIGITAL BANKING

M1 Logo

2.50% APY and 1% cash back with M1 Plus4

Vanguard

0.05%

Schwab

0.25% APY

Fidelity

1.20% APY

Robinhood

1.50% APY


FEES

M1 Logo

Commission Free, M1 Plus is $125/year

Vanguard

Commission Free, but some options carry fees

Schwab

Commission Free, but some options carry fees

Fidelity

Commission Free, but some options carry fees

Robinhood

Commission Free, but some options carry fees

Learn more about M1 Plus here →

M1 rates are current as of September 2022. Information on competing brokerages was accessed from each brokerage’s website in September, 2022

Recognized and celebrated

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Hundreds of thousands of investors

five stars

35,000+
5-star reviews

(App Store and Google Play)

Investopedia logo

Best for sophisticated investors

(Investopedia, 2022)

Money Magazine Logo

One of the best robo-advisors

(Money, 2021)

Dark blue Yahoo logo

Best free trading platform in 2021

(Yahoo, 2021)

The Ascent a Motley Fool Service with the jester hat logo

Best for investing and banking in one

(The Ascent, 2021)

Sophisticated investing. Simple tools.

Thoughtful investing doesn’t work with thoughtless brokerages. Start enjoying more tools, lower rates, more power over your wealth—all on a sleek, intuitive platform. It’s free to download and start investing. Switch to M1 today.

M1 Invest tab in front of the M1 borrow tab and M1 transactions tab with lower half of tabs cutoff
  1. M1 Borrow available on margin accounts with a balance of at least $2,000. Not available for retirement and custodial accounts. Rates may vary.
  2. Smart Transfer feature is only available with M1 Plus.
  3. M1 Borrow available on margin accounts with a balance of at least $2,000. Not available for retirement and custodial accounts. 3.5% for clients with the M1 Plus membership and 5.0% for clients with standard M1 account. Rates may vary.
  4. No minimum balance to open account. No minimum balance to obtain APY (annual percentage yield). APY valid from account opening. Fees may reduce earnings. Rates may vary.