M1 Finance vs E-Trade

M1 Finance vs E-Trade Comparison Table 2022
M1 Finance E-Trade
WINNER
M1 Finance is the better broker
3.9
United States Flag Traders from US accepted
Not Yet Rated
United States Flag Traders from US accepted
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
Awards
  • Best Roth IRA Accounts - 2020
Bonus
M1 Finance Plus free for 3 months on new accounts Commission Free Trades
Instruments
Stocks, ETFs, OTC stocks Stocks, Futures, E-minis, Options, CFD
Demo Account
Yes Yes
Minimum Deposit
$100 ($500 for IRA) $500
Payment Methods
Minimum Trade
$1 $10
Regulator
FINRA, SEC SEC
Margin Trading
Yes No
Margin Rate
3.5 - 5%
MetaTrader 4
No Yes
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
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
Yes Yes
Robo Advisor
Yes No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
Yes iOS, Android and Windows
Auto Trading
Yes
Copy Trading
No No
Social Trading
No No
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes No
Custodial Account
Yes Yes
Guaranteed Stop Loss
No No
Islamic Account
No No
Account Currencies
  • USD
Stock Exchanges
CFD Trading
CFD trading not offered
FTSE Spread
N/A
GBPUSD Spread<
N/A
Oil Spread
0.06 pips
Stocks Spread
0.2% Var
Cryptocurrency
Build custom crypto portfolios and select from the broker's expert pies. Crypto trading not offered
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
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