Robinhood vs M1 Finance

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

Robinhood is a Business & Commerce solution with tags like stocks, cryptocurrency, mobile, free, novice-investors.

It boasts features such as Commission-free trading of stocks, ETFs, options and cryptocurrencies, Fractional share investing, Intuitive mobile app interface, Research tools like analyst ratings and price targets, Cash management account with debit card and pros including No trade commissions or account minimums, Easy to use interface good for beginners, Fractional shares allow investing small amounts, Large selection of assets to trade.

On the other hand, M1 Finance is a Finance product tagged with investing, trading, stocks, etfs, roboadvisor.

Its standout features include Automated investing, Customizable portfolios, Free stock trading, Fractional share investing, Dividend reinvesting, Retirement accounts, Mobile app, and it shines with pros like No commissions or fees, Easy to use interface, Automated rebalancing, Low minimum balances, Great for beginners.

Feature	Robinhood	M1 Finance
Overall Score	N/A	N/A
Primary Category	Business & Commerce	Finance

Product Overview

Robinhood

Description: Robinhood is a popular free stock trading app that allows users to buy and sell stocks, ETFs, options and cryptocurrencies with no commissions or fees. It has an easy-to-use mobile interface aimed at novice investors.

M1 Finance

Description: 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.

Key Features Comparison

Robinhood Features

• Commission-free trading of stocks, ETFs, options and cryptocurrencies
• Fractional share investing
• Intuitive mobile app interface
• Research tools like analyst ratings and price targets
• Cash management account with debit card

M1 Finance Features

• Automated investing
• Customizable portfolios
• Free stock trading
• Fractional share investing
• Dividend reinvesting
• Retirement accounts
• Mobile app

Pros & Cons Analysis

Robinhood

Pros

• No trade commissions or account minimums
• Easy to use interface good for beginners
• Fractional shares allow investing small amounts
• Large selection of assets to trade

Cons

• No retirement accounts like IRAs offered
• Limited customer service and support
• Frequent outages during peak trading times
• Limited research and analysis tools compared to full-service brokers

M1 Finance

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

Pricing Comparison

Robinhood

• Free

M1 Finance

• Free
• Freemium