M1 Finance vs Betterment

Struggling to choose between M1 Finance and Betterment? Both products offer unique advantages, making it a tough decision.

M1 Finance is a Finance solution with tags like investing, trading, stocks, etfs, roboadvisor.

It boasts features such as Automated investing, Customizable portfolios, Free stock trading, Fractional share investing, Dividend reinvesting, Retirement accounts, Mobile app and pros including No commissions or fees, Easy to use interface, Automated rebalancing, Low minimum balances, Great for beginners.

On the other hand, Betterment is a Finance product tagged with roboadvisor, portfolio-management, asset-allocation, etfs, index-funds.

Its standout features include Automated portfolio management, Tax-loss harvesting, Fractional share investing, Socially responsible investing options, Retirement planning tools, and it shines with pros like Easy set-up, Low fees, Automated rebalancing, Variety of account types.

To help you make an informed decision, we've compiled a comprehensive comparison of these two products, delving into their features, pros, cons, pricing, and more. Get ready to explore the nuances that set them apart and determine which one is the perfect fit for your requirements.

M1 Finance

M1 Finance

M1 Finance is an automated investing platform that offers free stock trading and portfolio management. It allows users to create custom portfolios with stocks and ETFs based on their preferences and investment goals.

Categories:
Finance Investing & Trading
investing trading stocks etfs roboadvisor

M1 Finance Features

  1. Automated investing
  2. Customizable portfolios
  3. Free stock trading
  4. Fractional share investing
  5. Dividend reinvesting
  6. Retirement accounts
  7. Mobile app

Pricing

  • Free
  • Freemium

Pros

No commissions or fees

Easy to use interface

Automated rebalancing

Low minimum balances

Great for beginners

Cons

Limited investment options

No advanced trading options

No cryptocurrency investing

No margin trading

Lacks some reporting features

Betterment

Betterment

Betterment is an automated investing platform that manages investors' portfolios by diversifying across stocks and bonds. It helps everyday people save time and invest wisely for the future.

Categories:
Finance Investing & Trading
roboadvisor portfolio-management asset-allocation etfs index-funds

Betterment Features

  1. Automated portfolio management
  2. Tax-loss harvesting
  3. Fractional share investing
  4. Socially responsible investing options
  5. Retirement planning tools

Pricing

  • Subscription-Based

Pros

Easy set-up

Low fees

Automated rebalancing

Variety of account types

Cons

No control over specific investments

Higher minimum balance than some competitors

Limited customer service options