name: M1 Finance Plans and Pricing
description: Pricing and plan information for M1 Finance, an automated investing platform offering fractional share portfolio management, smart money movement, margin borrowing, and integrated banking features.
url: https://m1.com/
created: 2026-06-13
modified: 2026-06-13

plans:

  - name: Standard
    description: Free access to M1 investing, borrowing, and earning features with a monthly platform fee for smaller balances.
    url: https://m1.com/
    free: false
    details:
      - Monthly platform fee of $3 for brokerage accounts with less than $10,000 in total M1 assets
      - Fee is automatically waived if total M1 assets are $10,000 or more
      - Fee is also waived with an active M1 Personal Loan
      - $0 commissions on stock and ETF trades
      - 1% fee on cryptocurrency transactions (assessed by Bakkt)
      - Margin loan interest rate of 5.65% (as of February 1, 2026; tracks Federal Funds Rate)
      - High-yield cash accounts at 3.10% APY (FDIC insured up to $4.75M aggregate)
      - Commission-free trading for self-directed accounts
      - Access to M1 Pies, auto-invest, dynamic rebalancing, and fractional shares

fees:
  - type: Platform Fee
    amount: $3/month
    waiver: Waived for accounts with $10,000+ in total M1 assets or an active M1 Personal Loan
  - type: Trading Commission
    amount: $0
    notes: Self-directed stock and ETF trades
  - type: Crypto Transaction Fee
    amount: 1%
    notes: Assessed by Bakkt on cryptocurrency transactions
  - type: Margin Loan Interest
    rate: 5.65%
    notes: Variable rate tracking the Federal Funds Rate; as of February 1, 2026
  - type: High-Yield Cash APY
    rate: 3.10%
    notes: FDIC insured up to $4.75M aggregate

minimums:
  - type: Margin Loan Eligibility
    amount: $2,000 invested
    notes: Required minimum balance to access M1 Margin Loans; not available for retirement or custodial accounts
  - type: Borrow Capacity
    amount: Up to 50% of portfolio value
    notes: Maximum borrowing against eligible securities