M1 Finance vs ProfitiX

M1 Finance vs ProfitiX Comparison Table 2022
M1 Finance ProfitiX
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. ProfitiX offers an interactive desktop and mobile trading experience via MT5.
Awards
  • Best Roth IRA Accounts - 2020
Bonus
M1 Finance Plus free for 3 months on new accounts
Instruments
Stocks, ETFs, OTC stocks Forex, CFDs, indices, shares, commodities, cryptocurrencies
Demo Account
Yes No
Minimum Deposit
$100 ($500 for IRA) $250
Payment Methods
Minimum Trade
$1 0.01 lots
Regulator
FINRA, SEC
Margin Trading
Yes No
Margin Rate
3.5 - 5%
MetaTrader 4
No No
MetaTrader 5
No Yes
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 Yes
Auto Trading
Yes Yes (EAs)
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes (MT5)
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
Commodities
CFD Trading
CFD trading not offered ProfitiX offers CFDs in a range of financial markets with a choice of five account tiers.
Leverage
1:400
FTSE Spread
Variable & Fixed
GBPUSD Spread<
Variable & Fixed
Oil Spread
Variable & Fixed
Stocks Spread
Variable & Fixed
Forex Trading
Forex trading not offered Trade a list of currencies with floating and fixed spreads depending on the account.
GBPUSD Spread
Variable & Fixed
EURUSD Spread
Variable & Fixed
EURGBP Spread
Variable & Fixed
Assets
100+
Cryptocurrency
Build custom crypto portfolios and select from the broker's expert pies. Trade top cryptos, including Bitcoin Gold against the USD and EUR.
Spread
Variable Variable & Fixed
Coins
  • BTC
  • ADA
  • AVE
  • ETH
  • LINK
  • ALDO
  • BAT
  • ATOM
  • BTC
  • ETH
  • LTC
  • BTG
Crypto Lending
No No
Crypto Mining
No
Crypto Staking
No
Auto Market Maker
No
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