Webull vs M1 Finance

Webull is a good free trading app for more experienced investors. How does it compare to M1 Finance? Read our comparison chart below.

Webull is a self-directed investment platform offering commission-free trading of stocks, ETFs, and options. It has a $0 minimum deposit and offers full extended hours trading. It also has a paper trading feature which lets you trade with unlimited virtual money.

While M1 Finance offers automated investing with no commissions or trading fees. M1 lets you select your own investments and their automation will manage it for you. This is great for investors who want a say. The downside is that there are no human advisors. The minimum to start is just $100.

Compare Webull with M1 Finance, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

	Webull	M1 Finance

	Visit Site	Learn More
	SPECIAL OFFER Deposit and Earn $10 Bonus - Learn More Read Webull Review	SPECIAL OFFER Commission Free Stock Trading - Learn More Read M1 Finance Review
	Benefits and Features
Stock Trading	$0	$0
Options Trading	$0	No
Annual Fee	Starts at $0	A $3 monthly platform fee will apply to clients with less than $10,000 in M1 assets or without an active M1 Personal Loan.
Cryptocurrency Trading	Yes (Webull Pay App)	Yes
Minimum Deposit	$0	$100 ($500 for IRAs, $5,000 for Trust Account)
Mutual Fund Trading	No	No
Commission Free ETFs	Over 3,300 ETFs	All U.S. listed ETFs
Phone Support	24/7	Monday - Friday 9:30 am to 4 pm EST
Live Chat Support	None	No
Email Support	Yes (customerservices@webull.us)	Yes
Human Advisors	No	No
Robo Advisor	Yes
Assets Under Management	$15.7 Million	$4.5 Billion
Penny Stocks	Yes
Tax Loss Harvesting	No	No, but offers tax minimization features
Goal Tracker	No	No
Automatic Deposits	Yes	Yes
Broker Assisted Trades	Not available	Included
Good For	Experienced investors; Active traders	DIY investing with passive portfolio management
Inactivity Fee	$0	$50 (for accounts with $50 or less and no trading or deposit activity for 90+ days)
Maintenance Fee	$0	$3 monthly platform fee for accounts with less than $10,000 in M1 assets, or without an active M1 Personal Loan
Online Platform	Yes	Yes
iPhone App	Yes (4.7 stars, 296.2k ratings)	Yes (4.6 stars, 33.3k ratings)
Android App	Yes (4.3 stars, 188K ratings)	Yes (4.5 stars, 15.7k ratings)
Banking	No
Mobile App	Yes
Desktop App	Yes
Two-Factor Authentication	Mobile Only	Yes
Forex Trading	No
Futures Trading	Yes to eligible users
Bond Trading	No
CFD Trading	No
Currency Trading	No
Customer Service	24/7 via phone and email
Locations	Online only	No
Online Community	Yes	No
Seminars	Yes	No
Trading Platform	Desktop, Web Trading, Mobile Apps	Web Trading, Mobile Apps
Virtual Trading	Yes. Free paper trading account with unlimited fake money	No
Fractional Shares	Yes	Yes
Taxable Accounts	Yes	Yes
401k Plans	No	No
IRA Accounts	Yes	Yes
Roth IRA Accounts	Yes	Yes
SEP IRA Accounts	No	Yes
Trust Accounts	No	Yes
529 Plans	No	No
	CreditDonkey® Reviews

Stock Trading
Options Trading
Mobile App
Commissions and Fees
Ease of Use
Research
Annual Fee
Minimum Deposit
Customer Service
Pros & Cons	Pros: No trade fees Advanced research tools Extended trading hours Offers fractional shares Cons: Not beginner friendly	Pros: Choose your own investments Can invest in individual stocks Morning and afternoon trade windows Cons: No research No human advisors Platform fee
Bottom Line	Good free trading app for more experienced investors... Read full review	Commission-free investing app that allows you to choose your own investments... Read full review
	Visit Site	Learn More
	Deposit and Earn $10 Bonus Up to 8.1% APY with APY Booster 2% Match Bonus	Commission Free Stock Trading M1 Finance Fees Invest Automatically with M1 Finance
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. M1 Finance: Pricing information from published website as of 12/26/2023.

Deposit and Earn $10 Bonus

Get a $10 cash bonus when you make an initial qualifying funding of $100 or more into your Webull account during the offer period. Maintain $100 or more in your account until the end of the offer period.

Get Deal

Expires 9/30/2025

Up to 8.1% APY with APY Booster

Make a net qualifying funding of $100 or more into an individual cash account, and get an extra 4% APY (premium) on your base APY for 90 days. Terms and conditions apply.

Get Deal

Expires 9/30/2025

2% Match Bonus

Earn a 2% match bonus when you complete one or more qualifying fundings to your Webull account resulting in a net qualifying amount of of $100 or more during the offer period. Maintain $100 or more in the account until the last payment date of the final installment bonus. Bonus will automatically be credited into the client's Webull account in 24 equal monthly installments.

Get Deal

Expires 9/30/2025

Which is Better: Webull or M1 Finance?

Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Webull or Robinhood.

In short: Webull's research is worth mentioning. M1 Finance's ease of use is notable.

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