name: M1 Finance Rate Limits
description: Rate limiting and operational constraints for the M1 Finance platform, covering trading windows, transfer limits, and borrowing thresholds.
url: https://m1.com/
created: 2026-06-13
modified: 2026-06-13

notes: >
  M1 Finance does not publish a public developer API with documented API rate limits.
  The platform operates as a consumer-facing fintech super app using an internal GraphQL
  API gateway. The constraints listed here reflect operational limits applied to end users
  within the platform's investing, borrowing, and banking features.

operational_limits:

  trading:
    - type: Trade Windows
      description: Trades are executed during scheduled trading windows rather than in real time, limiting intraday trading activity.
      notes: Designed for long-term, automated investors; not intended for active or day trading.

  borrowing:
    - type: Margin Loan Maximum
      limit: 50% of eligible portfolio value
      description: Users may borrow up to 50% of the value of eligible securities in their brokerage account.
    - type: Margin Loan Minimum Account Balance
      limit: $2,000
      description: Accounts must have at least $2,000 invested to be eligible for M1 Margin Loans.
    - type: Eligible Account Types
      description: Margin loans are available on Individual, Joint, and Trust Brokerage Accounts only. Not available for retirement or custodial accounts.

  banking:
    - type: FDIC Insurance Limit
      limit: $4,750,000 aggregate
      description: High-yield cash accounts are FDIC insured up to $4.75 million aggregate through program banks.

  crypto:
    - type: Crypto Transaction Fee
      fee: 1%
      description: A 1% transaction fee is assessed by Bakkt on all cryptocurrency transactions.

platform_fee:
  - type: Monthly Fee Waiver Threshold
    threshold: $10,000 total M1 assets
    description: The $3/month platform fee is automatically waived when total M1 assets reach or exceed $10,000.