|
3.9
M1 Finance is #10 in our broker rankings.
|
4
|
 Traders from US accepted |
Traders from US not accepted |
|
M1 Finance offers customizable and automated trading services for US investors.
|
Swissquote is an FCA-regulated forex CFD broker offering 400+ trading products.
|
| Pros |
|
- MetaTrader 4 and MetaTrader 5
- Autochartist and Trading Central
- Free demo account
- FCA-regulated
|
| Cons |
|
- $1000 minimum deposit
- No bonuses or promotions
- Multiple trading account currencies
|
| Awards |
- Best Roth IRA Accounts - 2020
|
|
| Promotions |
|
Get A $500 Welcome Bonus When You Join M1 Finance
|
|
| Bonus |
| M1 Finance Plus free for 3 months on new accounts |
|
| Instruments |
| Stocks, ETFs, OTC stocks |
Forex, CFDs, Indices, Stocks, ETFs, Bonds, Options, Futures, Cryptos (location dependent) |
| Demo Account |
| Yes |
Yes |
| Minimum Deposit |
| $100 ($500 for IRA) |
$1000 |
| Payment Methods |
|
|
| Minimum Trade |
| $1 |
0.01 lots |
| Regulator |
| FINRA, SEC |
FCA, FINMA, DFSA, SFC |
| Margin Trading |
| Yes |
Yes |
| Margin Rate |
| 3.5 - 5% |
|
| MetaTrader 4 |
| No |
Yes |
| MetaTrader 5 |
| No |
Yes |
| cTrader |
| No |
No |
| AlgoTrader |
| No |
No |
| OmniTrader |
| No |
No |
| TradingView |
| No |
No |
| Autochartist |
| No |
Yes |
| eSignal |
| No |
No |
| Trading Central |
| No |
Yes |
| STP Account |
| No |
No |
| ECN Account |
| No |
Yes |
| DMA Account |
| No |
Yes |
| MAM Account |
| No |
Yes |
| PAMM Account |
| No |
No |
| LAMM Account |
| No |
No |
| Demat Account |
| No |
No |
| AI / Machine Learning |
| Yes |
No |
| Robo Advisor |
| Yes |
No |
| Negative Balance Protection |
| No |
Yes |
| Market Maker |
| No |
Yes |
| P2P Trading |
| No |
No |
| Spot Trading |
| Yes |
Yes |
| Mobile Apps |
| Yes |
iOS & Android |
| Auto Trading |
| Yes |
Yes |
| Copy Trading |
| No |
No |
| Social Trading |
| No |
Yes |
| VPS Hosting |
| No |
Yes |
| Tournaments |
| No |
No |
| Demo Competitions |
| No |
No |
| Ethical Investing |
| Yes |
No |
| Custodial Account |
| Yes |
No |
| Guaranteed Stop Loss |
| No |
No |
| Islamic Account |
| No |
Yes |
| Account Currencies |
|
- USD
- EUR
- GBP
- CAD
- AUD
- JPY
- TRY
- SEK
- CHF
- AED
|
| Stock Exchanges |
|
|
| Commodities |
|
|
| CFD Trading |
| CFD trading not offered |
Leveraged CFDs are available on several financial markets. |
| Leverage |
|
1:30 |
| FTSE Spread |
|
0.9 |
| GBPUSD Spread< |
|
1.3 |
| Oil Spread |
|
0.02 |
| Stocks Spread |
|
N/A |
| Forex Trading |
| Forex trading not offered |
Trade a long list of major, minor and exotic currencies. |
| GBPUSD Spread |
|
1.3 |
| EURUSD Spread |
|
1.3 |
| EURGBP Spread |
|
1.5 |
| Assets |
|
80+ |
| Cryptocurrency |
| Build custom crypto portfolios and select from the broker's expert pies. |
Trade 35 cryptos 24/7 |
| Spread |
| Variable |
Variable |
| Coins |
- BTC
- ADA
- AVE
- ETH
- LINK
- ALDO
- BAT
- ATOM
|
- BTC
- LTC
- BTC
- ETC
- XLM
- REP
- ADA
- AAVE
- ALGO
- MKR
- DOT
- MATIC
- SAND
- APE
- ETH
- XRP
- LINK
- EOS
- XTZ
- FILE
- DOGE
- ADA
- AVA
|
| Crypto Lending |
| No |
Yes |
| Crypto Mining |
| No |
No |
| Crypto Staking |
| No |
Yes |
| Auto Market Maker |
| No |
No |
|
|
|
|
| More Comparisons |
M1 Finance
vs
|
Swissquote
vs
|
