AskoBID vs M1 Finance

AskoBID vs M1 Finance Comparison Table 2022
AskoBID M1 Finance
WINNER
M1 Finance is the better broker
Not Yet Rated
United States Flag Traders from US not accepted
3.9
United States Flag Traders from US accepted
AskoBID offers multi-asset trading with a €250 minimum deposit & 1:500 leverage. M1 Finance offers customizable and automated trading services for US investors.
Awards
  • Best Roth IRA Accounts - 2020
Bonus
M1 Finance Plus free for 3 months on new accounts
Instruments
Forex, indices, shares, commodities, cryptocurrencies Stocks, ETFs, OTC stocks
Demo Account
No Yes
Minimum Deposit
€250 $100 ($500 for IRA)
Payment Methods
Minimum Trade
0.01 lots $1
Regulator
FINRA, SEC
Margin Trading
Yes
Margin Rate
3.5 - 5%
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No
OmniTrader
No
TradingView
No
Autochartist
No
eSignal
No
Trading Central
No
STP Account
No
ECN Account
No No
DMA Account
No No
MAM Account
No
PAMM Account
No
LAMM Account
No
Demat Account
No
AI / Machine Learning
Yes
Robo Advisor
Yes
Negative Balance Protection
No
Market Maker
No
P2P Trading
No
Spot Trading
Yes
Mobile Apps
No Yes
Auto Trading
Yes
Copy Trading
No No
Social Trading
No No
VPS Hosting
No
Tournaments
No
Demo Competitions
No
Ethical Investing
Yes
Custodial Account
Yes
Guaranteed Stop Loss
No
Islamic Account
No No
Account Currencies
  • USD
Stock Exchanges
Commodities
CFD Trading
Invest in the markets with flexible CFDs. CFD trading not offered
Leverage
1:500
FTSE Spread
Not offered
GBPUSD Spread<
From 0.1
Oil Spread
From 0.04
Stocks Spread
From 0.17
Forex Trading
Trade two-dozen FX pairs with 1:500 leverage. Forex trading not offered
GBPUSD Spread
From 0.1
EURUSD Spread
From 0.1
EURGBP Spread
From 0.1
Assets
24
Cryptocurrency
Trade cryptos against the USD and EUR. Build custom crypto portfolios and select from the broker's expert pies.
Spread
Variable Variable
Coins
  • BTC
  • ETH
  • LTC
  • XRP
  • BTC
  • ADA
  • AVE
  • ETH
  • LINK
  • ALDO
  • BAT
  • ATOM
Crypto Lending
No
Crypto Mining
No
Crypto Staking
No
Auto Market Maker
No
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