Citi Self Invest vs M1 Finance

Citi Self Invest vs M1 Finance Comparison Table 2023
Citi Self Invest M1 Finance
3

Citi Self Invest is #38 in our broker rankings.

3.9

M1 Finance is #18 in our broker rankings.

United States Flag Traders from US accepted
United States Flag 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
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
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
More Comparisons
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