Interactive Brokers vs M1 Finance

Interactive Brokers vs M1 Finance Comparison Table 2021
Interactive Brokers M1 Finance
IB Boast a huge market share of global trading. With a minimum deposit of $10,000 however, they remain an option for larger traders only. M1 Finance offers customizable and automated trading services for US investors.
United States Flag Traders from US accepted
United States Flag Traders from US accepted
Bonus
None $4,000 switching bonus
Instruments
Stocks, Futures, E-minis, Options, CFD, Forex, Crypto Stocks, ETFs, funds
Demo Account
Yes Yes
Minimum Deposit
$10000 $100
Payment Methods
Apple Pay, Cheque, Credit Card, Google Pay, JCB Card, Mastercard, Samsung Pay Wire Transfer
Minimum Trade
$100 $1
Regulator
SEC, FCA FINRA, SEC
Margin Trading
Yes Yes
Margin Rate
1.55 - 2.59% 2 - 3.5%
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
STP Account
Yes No
ECN Account
No No
DMA Account
Yes No
Mobile Apps
iOS, Android and Windows Yes
Auto Trading
No Yes
Trade Signals
No No
Social Trading
No No
Copy Trading
No No
Islamic Account
No No
Account Currencies
USD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF -
CFD
CFD trading not offered
Leverage
1:50 Var
FTSE Spread
0.005% (£1 Min)
GBPUSD Spread
Commission (.20 pts x trade value)
Oil Spread
N/A
Stocks Spread
From 0.003 per share, variable
Forex
Forex trading not offered
GBPUSD Spread
Commission (.20 pts x trade value)
EURUSD Spread
Commission (.20 pts x trade value)
EURGBP Spread
Commission (.20 pts x trade value)
Assets
70+
Cryptocurrency
Crypto trading not offered
Spread
Coins
BTC, LTC, ETH, XRP