M1 Finance vs Robinhood

M1 Finance vs Robinhood Comparison Table 2021
M1 Finance Robinhood
M1 Finance offers customizable and automated trading services for US investors. Robinshood have pioneered mobile trading in the US. Their offer attempts to provide the cheapest share trading anywhere.
We do not recommend trading with Robinhood. Their business practices have harmed traders and their "free" trading offer has been criticized for actually costing their traders millions of dollars.
United States Flag Traders from US accepted
United States Flag Traders from US accepted
Bonus
$4,000 switching bonus None
Instruments
Stocks, ETFs, funds Stocks, Options, CFD, Binary Options, ETFs
Demo Account
Yes No
Minimum Deposit
$100 $0
Payment Methods
Wire Transfer ACH Transfer, Apple Pay, Credit Card, Debit Card, Google Pay
Minimum Trade
$1 $10
Regulator
FINRA, SEC SEC
Margin Trading
Yes No
Margin Rate
2 - 3.5% 2.5%
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
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 -
Robo Advisor
No -
Negative Balance Protection
No -
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
Yes iOS, Android and Windows
Auto Trading
Yes -
Trade Signals
- -
VPS Hosting
No -
Tournaments
No -
Demo Competitions
No -
Ethical Investing
No -
Social Trading
No No
Copy Trading
No No
Islamic Account
No No
Account Currencies
- -
CFD
CFD trading not offered
Leverage
1:2
FTSE Spread
N/A
GBPUSD Spread
N/A
Oil Spread
Stocks Spread
0.3% Var
Binary Options
Binary options trading not offered
Payout