M1 Finance vs LCG

M1 Finance vs LCG Comparison Table 2022
M1 Finance LCG
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 not accepted
M1 Finance offers customizable and automated trading services for US investors. London Capital Group provide trading on 7000+ markets over 9 asset classes. Spreads are competitive but active traders may have better broker options elsewhere.
Awards
  • Best Roth IRA Accounts - 2020
Bonus
M1 Finance Plus free for 3 months on new accounts
Instruments
Stocks, ETFs, OTC stocks Stocks, Futures, CFD, Forex
Demo Account
Yes Yes
Minimum Deposit
$100 ($500 for IRA) 0 $/€/£
Payment Methods
Minimum Trade
$1 Lots vary by asset
Regulator
FINRA, SEC FCA
Margin Trading
Yes No
Margin Rate
3.5 - 5%
MetaTrader 4
No Yes
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No
OmniTrader
No
TradingView
No
Autochartist
No
eSignal
No
Trading Central
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
Robo Advisor
Yes
Negative Balance Protection
No
Market Maker
No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
Yes
Auto Trading
Yes
Copy Trading
No No
Social Trading
No No
VPS Hosting
No
Tournaments
No
Demo Competitions
No
Ethical Investing
Yes
Custodial Account
Yes
Guaranteed Stop Loss
No
Islamic Account
No No
Account Currencies
  • USD
Stock Exchanges
CFD Trading
CFD trading not offered
Leverage
1:30
FTSE Spread
1 pt
GBPUSD Spread<
0.5 pips
Oil Spread
3 pips (Variable)
Stocks Spread
0.3% Var
Forex Trading
Forex trading not offered
GBPUSD Spread
0.5 pips
EURUSD Spread
0.3 pips
EURGBP Spread
0.4 pips
Assets
60+
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
Auto Market Maker
No No
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