M1 Finance vs E-Trade

M1 Finance vs E-Trade Comparison Table 2021
M1 Finance E-Trade
M1 Finance offers customizable and automated trading services for US investors. eTrade provide everything from online day trading accounts to managed investment portfolios and retirement planning
United States Flag Traders from US accepted
United States Flag Traders from US accepted
Bonus
$4,000 switching bonus Commission Free Trades
Instruments
Stocks, ETFs, funds Stocks, Futures, E-minis, Options, CFD
Demo Account
Yes Yes
Minimum Deposit
$100 $500
Payment Methods
Wire Transfer Apple Pay, Cheque, Credit Card, PayPal, Western Union
Minimum Trade
$1 $10
Regulator
FINRA, SEC SEC
Margin Trading
Yes No
Margin Rate
2 - 3.5%
MetaTrader 4
No Yes
MetaTrader 5
No No
cTrader
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
Mobile Apps
Yes iOS, Android and Windows
Auto Trading
Yes No
Trade Signals
No No
Social Trading
No No
Copy Trading
No No
Islamic Account
No No
Account Currencies
- -
CFD
CFD trading not offered
Leverage
FTSE Spread
N/A
GBPUSD Spread
N/A
Oil Spread
0.06 pips
Stocks Spread
0.2% Var