Merrill Edge vs M1 Finance

Merrill Edge vs M1 Finance Comparison Table 2022
Merrill Edge M1 Finance
WINNER
M1 Finance is the better broker
Not Yet Rated
United States Flag Traders from US accepted
3.9
United States Flag Traders from US accepted
Merrill Edge is one of the best online brokers for investors in the United States. M1 Finance offers customizable and automated trading services for US investors.
Awards
  • #1 for ESG & Sustainable Investing
  • #1 for Banking Services
  • #1 for Client Experience (Self-Directed)
  • Best Roth IRA Accounts - 2020
Promotions

Get Up To $600 When You Invest With Merrill Edge

Bonus
$600 Transfer Bonus M1 Finance Plus free for 3 months on new accounts
Instruments
Stocks, Mutual Funds, ETFs, Options, Bonds Stocks, ETFs, OTC stocks
Demo Account
No Yes
Minimum Deposit
$0 $100 ($500 for IRA)
Payment Methods
Minimum Trade
0.01 lots $1
Regulator
SEC, FINRA FINRA, SEC
Margin Trading
Yes Yes
Margin Rate
8.625% 3.5 - 5%
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
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
No Yes
Robo Advisor
Yes Yes
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS & Android Yes
Auto Trading
Yes
Copy Trading
No No
Social Trading
No No
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes Yes
Custodial Account
Yes Yes
Guaranteed Stop Loss
No No
Islamic Account
No No
Account Currencies
  • USD
  • USD
Stock Exchanges
Commodities
Cryptocurrency
Crypto trading not offered Build custom crypto portfolios and select from the broker's expert pies.
Spread
Variable
Coins
  • BTC
  • ADA
  • AVE
  • ETH
  • LINK
  • ALDO
  • BAT
  • ATOM
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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