Review
Updated
Fact Checked
Ashley Maready
On occasion, M1 Finance offers limited-time promotions to members and non-members. Because these promotions are time sensitive, it's a good idea to take advantage of any that appeal to you before they're gone. Here are M1 Finance's current promotions, including how much you could earn.
Seed Fund Bonus Promotion: Earn a $75 to $500 bonus with deposit
Open Account for M1 Finance
On M1 Finance's Secure Website.
Ratings Methodology
Rating image, 4.5 out of 5 stars.
4.5/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
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Fees:
$0 commissions and no management fee. M1 Plus membership costs $3 per month.
Account Minimum:
$100
Open Account for M1 Finance
On M1 Finance's Secure Website.
How you earn it: Make a first-time deposit of at least $10,000.
How you qualify:
- Register for an M1 Finance user account (for the first time)
- Within 14 days, deposit at least $10,000 via automated clearing house (ACH)
Details: Here's a breakdown of how much you can earn in promotional credits based on how much you deposit:
| Amount Deposited | Promotional Credit Earned |
|---|---|
| $10,000 – $29,999.99 | $75 |
| $30,000 – $49,999.99 | $150 |
| $50,000 – $99,999.99 | $250 |
| $100,000 | $500 |
Data source: M1 Finance.
Terms and conditions associated with this offer include:
- You are only eligible to receive one promotional credit under this promotion
- The credit will be deposited into your M1 Finance investment account on the last day of the sixth month after the day you sign up
- The promotional credit is a fixed cash value and does not constitute a stock purchase or any other security
- The total value of the deposited amount must remain equal to, or greater than, the value after the net deposit was made -- minus any losses due to trading, market volatility, or margin debit balances -- until the pay-out date.
Offer expires: Dec. 31, 2024
What else should you know about M1 Finance's bonuses?
As is common among brokers, M1 Finance changes its promotions regularly. Some bonuses are larger than others, and some require a smaller deposit. If you're interested in M1 Finance, your best bet is to keep an eye out for current bonuses.
Are M1 Finance's promotions worth it?
M1 Finance's current bonuses are attractive only if you have a large amount of money to transfer or invest. Even then, you may find larger bonuses available through other brokers. And remember, to receive a bonus, the money you put into an M1 Finance account must be worth as much, or more than it was on the day it was transferred or deposited on the day the payout is due to occur.
Alternatives to Consider
We recommend comparing brokerage options to ensure the account you're selecting is the best fit for you. To make your search easier, here's a short list of our best trading platforms of 2024.
| Account | Fees | Account Minimum | |
|---|---|---|---|
|
Featured Offer
Rating image, 4.5 out of 5 stars.
4.5/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair = Poor |
$0 for stocks, ETFs, and options; $5 monthly for Robinhood Gold | $0 | |
|
$0 for stocks, $0 for options contracts | $0 | |
Rating image, 5.0 out of 5 stars.
5.0/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair = Poor |
$0 commission for online U.S. stock and ETF trades; trade fractional shares for as little as $1 | $0 |
FAQs
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If your account loses money and the amount you initially transferred or deposited decreases, you are no longer eligible to receive the bonus. It's important to track how much you have in your M1 Finance account(s) until the payout is received.
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There are many brokers vying for your business. While there's nothing wrong with the current M1 Finance bonuses, you may find more generous offers elsewhere. However, if you've researched different brokers and realize that M1 Finance is the best fit for you, the size of a bonus should not be the only deciding factor for you.
Our Brokerages Experts
Dana George has a BA in Management and Organization Development from Spring Arbor University. For more than 25 years, she has written and reported on business and finance, and she's still passionate about her work. Dana and her husband recently moved to Champaign, Illinois, home of the Fighting Illini. And though she finds the color orange unflattering on most people, she thinks they'll enjoy Champaign tremendously.
Fact Checked
Ashley Maready
Ashley Maready is a former history museum professional who made the leap to digital content writing and editing in 2021. She has a BA in History and Philosophy from Hood College and an MA in Applied History from Shippensburg University. Ashley loves creating content for the public and learning new things so she can teach others, whether it's information about salt mining, canal mules, or personal finance.
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The Motley Fool has a disclosure policy.
Fidelity disclosure
Fractional share quantities can be entered out to 3 decimal places (.001) as long as the value of the order is at least $1.00. Dollar-based trades can be entered out to 2 decimal places (e.g. $250.00)
Robinhood disclosure
All investments involve risk and loss of principal is possible.
Securities are offered through Robinhood Financial LLC, member FINRA/SIPC. Cryptocurrency services are offered through an account with Robinhood Crypto, LLC (NMLS ID 1702840). Robinhood Crypto is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Cryptocurrency held through Robinhood Crypto is not FDIC insured or SIPC protected. For more information see the Robinhood Crypto Risk Disclosure.
Trades of stocks, ETFs and options are commission-free at Robinhood Financial LLC. Other fees may apply. Please see Robinhood Financial’s Fee Schedule to learn more.
Fractional shares are illiquid outside of Robinhood and are not transferable. Not all securities available through Robinhood are eligible for fractional share orders. For a complete explanation of conditions, restrictions and limitations associated with fractional shares, see the Fractional Shares section of our Customer Agreement.
Robinhood Gold is an account offering premium services available for a $5 monthly fee. Not all investors will be eligible to trade on Margin. Margin investing involves the risk of greater investment losses. Additional interest charges may apply depending on the amount of margin used. Bigger Instant Deposits are only available if your Instant Deposits status is in good standing.