M1 Finance

M1 Finance

software
★★★★4.2(99 reviews)

About

M1 Finance blends robo-advisory automation with self-directed investing, allowing users to create custom portfolio 'pies' with automatic rebalancing, plus banking and borrowing features.

Overview

A unique hybrid platform combining robo-advisory automation with full portfolio customization through its pie-based system.

Pros

  • +Customizable portfolio pies
  • +Fractional shares
  • +No trading commissions
  • +Integrated banking and borrowing
  • +Automatic rebalancing

Cons

  • -One trading window per day on free plan
  • -No tax-loss harvesting on basic plan
  • -Customer support can be slow
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Details

HeadquartersChicago, Illinois, USA
Founded2015
Typesoftware

Pricing

Model

freemium

Platforms

webiosandroid

Community

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