Citi Self Invest vs M1 Finance

Citi Self Invest vs M1 Finance Comparison Table 2023
Citi Self Invest	M1 Finance
Review 3 Citi Self Invest is #38 in our broker rankings.	Review 3.9 M1 Finance is #18 in our broker rankings.
Traders from US accepted	Traders from US accepted
Citi Self Invest is a personal investment account provider that was set up in 2021 from within Citigroup Inc's personal wealth management umbrella. The company is dedicated to providing retail traders with simple, effective tools and facilities to achieve long-term financial goals through investments in the financial markets. Citi Self Invest is regulated by the SEC.	M1 Finance is a US brokerage that allows users to build a customizable investment portfolio from a range of 6000+ stocks and shares, ETFs and cryptocurrencies. The innovative 'pie' based portfolio management system allows traders to build several portfolios with different aims, and the brokerage supports machine-learning tools that can provide automated portfolio management.
Bonus Offer
	M1 Finance Plus free for 3 months on new accounts
Promotions
	Get A $500 Welcome Bonus When You Join M1 Finance
Comment by Reviewer
"We think Citi Self Invest is great for anyone looking to make long term investments for large-scale capital growth or passive income generation."	"US investors who want a straightforward, commission-free way to invest in stocks and crypto with AI-powered strategy support should consider M1 Finance."
Pros
Easy to manage, move and transfer funds between Citi banking accounts No minimum balance requirement for the Self Invest profile Regulated by SEC with SIPC membership Self invest or managed account options Commission-free trading available New investment account bonuses Simple and sleek mobile app ESG investing solutions In-built Learning Center	Extras including a bank account and loan service make this a one-stop investing shop A clean dashboard that illustrates the current composition of your portfolio Multiple portfolios – up to five accounts under the same login Vast range of stocks and shares to choose from Make your own ETF by customizing your pie Excellent portfolio-management tools Straightforward proprietary platform Follow more than 60 expert portfolios Bitcoin trading through M1 Crypto Commission-free with low fees Trade fractional shares
Cons
Deposits and withdrawals via bank wire transfer only No forex, futures, or crypto trading instruments Leveraged trading not available No demo account US clients only	No stop-limit or stop-loss orders You cannot consolidate external accounts for planning purposes The way trades are placed puts transaction timing out of your control Only available in the US – eToro is a top alternative for the UK market Accounts with less than $20 and no trading activity for 90 days are charged a fee Despite offering stocks and ETFs, M1 Finance doesn’t provide trading on mutual funds or options M1 does not employ any human financial advisors, versus Betterment and other popular automated advisors
Awards
	Best Roth IRA Accounts - 2020
Instruments
Stocks, ETFs, Mutual Funds, Bonds	Stocks, ETFs, OTC stocks
Demo Account
No	Yes
Minimum Deposit
$0	$100
Trading Platforms
Own	Own
Payment Methods
Automated Customer Account Transfer Service Wire Transfer	Automated Customer Account Transfer Service Cheque Wire Transfer
Minimum Trade
$1	$1
Regulator
SEC	SEC, FINRA
Margin Trading
Yes	Yes
Margin Rate
8.5%+	3.5 - 5%
STP Account
No	No
ECN Account
No	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	Yes
Robo Advisor
Yes	Yes
Negative Balance Protection
No	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
iOS & Android	Yes
Auto Trading
Yes	Yes
Copy Trading
No	No
Social Trading
No	No
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
Yes	Yes
Custodial Account
No	Yes
Guaranteed Stop Loss
No	No
Inactivity Fee
	$20
Islamic Account
No	No
Account Currencies
USD	USD
Stock Exchanges
Dow Jones Nasdaq New York Stock Exchange	Dow Jones Nasdaq New York Stock Exchange
Cryptocurrency
Crypto trading not offered	M1 Finance users can open a crypto account to invest in 10 cryptocurrencies including Bitcoin, Ethereum, Cardano and Solana. You can also invest in six crypto-related funds and ETFs, which are a good way to get broader exposure to the digital currency market.
Spread
	Variable
Coins
	BTC ADA AVE ETH LINK ALDO BAT ATOM
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
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