M1 Finance vs Questrade

M1 Finance vs Questrade Comparison Table 2021
M1 Finance Questrade
M1 Finance offers customizable and automated trading services for US investors. Questrade is an online brokerage providing self-investing and trading products.
United States Flag Traders from US accepted
United States Flag Traders from US not accepted
Awards
#1 Investor Satisfaction 2020 - J.D. Power's Self Directed Investor Satisfaction Study
Seal of Service Excellence 2019 - DALBAR
Bonus
$4,000 switching bonus 5 commission-free trades
Instruments
Stocks, ETFs, funds Forex, CFDs, indices, shares, precious metals, mutual bonds, options, warrants, GICs, ETFs
Demo Account
Yes Yes
Minimum Deposit
$100 $1,000
Payment Methods
Wire Transfer Visa
Minimum Trade
$1 0.01 lots
Regulator
FINRA, SEC IIROC
Margin Trading
Yes No
Margin Rate
2 - 3.5%
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
Mobile Apps
Yes Yes
Auto Trading
Yes No
Trade Signals
No Yes
Social Trading
No No
Copy Trading
No No
Islamic Account
No No
Account Currencies
- -
CFD
CFD trading not offered Trade CFDs in online financial markets.
Leverage
1:3.33
FTSE Spread
N/A
GBPUSD Spread
2
Oil Spread
0.05
Stocks Spread
1 cent per share
Forex
Forex trading not offered Trade on FX pairs with spreads from 0.8 pips.
GBPUSD Spread
2
EURUSD Spread
1.9
EURGBP Spread
2.1
Assets
110+