m1com

M1 combines self-directed brokerage and automated investing into a single app. Build custom “pies,” buy fractional shares, borrow against portfolios, and use an integrated Spend checking card. The platform has operated for U.S. investors since 2015.

Founded2015

Price tier$

FocusAutomated investing & banking

AvailabilityU.S. residents only

Key features of M1

Overview of features.

01Customizable portfoliosConstruct 'pies' of stocks and ETFs with fractional shares, scheduled deposits, and automatic rebalancing to maintain target allocations.

02Integrated bankingM1 Spend checking and its debit card connect directly to investment accounts for transfers between banking and investing, mobile deposits, and everyday spending.

03Automated servicesOffers commission-free trades, recurring investing, and automated rebalancing.

M1 Spend debit card

M1's physical debit card links to M1 Spend checking, allowing transfers between banking and investing. The card supports mobile wallets and virtual cards for online payments, and activation is done in the app. Cards are mailed to U.S. addresses with standard delivery timelines; contact support for expedited replacement if needed.

The mobile investing experience

The M1 mobile app includes tools to build customizable pies, buy fractional shares, schedule recurring deposits, and initiate rebalances. Trades execute during scheduled windows to support fractional investing and automated portfolio management. M1 Borrow offers margin access; M1 Plus is a paid subscription. Customer support and in‑app educational resources are available.

Products and accounts

Taxable brokerage accountsRoth IRATraditional IRASEP IRACustodial (UTMA/UGMA) accountsM1 Spend (checking)M1 Borrow (margin lending)M1 Plus subscription

Editorial summary

Key facts

Offers fractional shares and customizable 'pies'.
Mobile app with in‑app educational resources and customer support.
Integrated banking and investing in one app.
Automatic rebalancing and scheduled investments.

Limitations and risks

Only available to U.S. residents.
No live, dedicated financial advisors for bespoke advice; M1 Borrow (margin lending) is available and margin involves a high risk of losing money.
Trades execute in scheduled windows rather than continuous market hours.

FAQ

Does M1 mail physical debit cards?

Yes. Physical M1 Spend debit cards are mailed to U.S. addresses. Activation and virtual-card setup occur in the app; delivery times follow standard mail timelines.

How do withdrawals, transfers, or account closures work?

Withdrawals and transfers follow standard brokerage processes (ACH, ACATS). Transfers and closures follow industry timelines; consult M1’s help center for step-by-step instructions and checklist items.

Are promotions available?

M1 offers a paid membership called M1 Plus that provides additional features. Terms, availability and any promotions vary by region; check M1’s promotions page or help centre for details.