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M1 Finance is a free online broker and investment manager. Unlike most platforms, M1 allows for both Self-managed and Robo-advisor investing.

More Details

M1 Finance is a mixture of traditional brokerage services with the new Robo-Advisor, which lets you enjoy both worlds- modern technology-based management, with complete control and many customization options. Another unique feature is the investment portfolio template shows your options with great visualization (pie charts).

What do you get for free?

  • Great mobile App (there is also desktop access).
  • No Trade Commissions.
  • No management/platform-usage fee.
  • No transaction fees (deposit or withdraw from your connected bank).

 

What are you paying for?

  • There are, of course, different fees for things like paper statements, account transfers, account inactivity, etc. Read more here.

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