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M1 Finance trading bots review

BrokerClosed in GermanyReview updated 6 Nov 2026 · Score last changed 6 Nov 2026 · BotIndex editorial team
Visit M1 Finance ↗
Score6.5/10Preliminary
Bot types1Stocks + ETFs + Crypto
Price$3/mo (waived over $10k)M1 Finance — Pricing
Commission$0 commission (self-directed)M1 Finance — Pricing
Min. investment$100 initial deposit ($500 IRA)M1 Finance — Your first deposit at M1
Last checked6 Nov 202620 sources

Verdict

M1 is a US self-directed investing app built around “Pies”: you choose the holdings and target weights, and M1 invests new deposits and recurring transfers to match them, with one-click rebalancing. It is not a managed robo-advisor and does not rebalance on its own. The platform fee is $3 a month, waived above $10,000, with $0 commissions. US citizens or green-card holders with a US address only.

PROS+ Automatic investing into your own Pies+ $0 commissions+ Fee waived above $10k
CONS− You choose the portfolio; no managed advice− $3/mo below $10k− US citizens and green-card holders only

Regulation

M1 Finance LLC is a FINRA-registered broker-dealer (CRD 281242, SEC 8-69670, ACTIVE); M1 Advisory is an SEC-registered investment adviser (CRD 249787, SEC 801-106511, ACTIVE), per FINRA BrokerCheck data: https://api.brokercheck.finra.org/search/firm?query=m1%20finance&hl=true&nrows=12&start=0&r=25&wt=json . Crypto is offered by Bakkt (per M1 pricing page).

As stated on the provider’s pages or a regulator register; check the register yourself before you deposit.

How the score is built PRELIMINARY

Methodology
CriterionWeightScoreCommentSource
Bot variety25%3.85 strategy familiesM1 Finance — Pricing · 6 Nov 2026
Fees20%9.8$3/mo (waived over $10k); exchange fees on topM1 Finance — Pricing · 6 Nov 2026
Safety & licensing20%Not scoredNo primary source yet — weight redistributedNo primary source yet
Ease of use15%Not scoredNo primary source yet — weight redistributedNo primary source yet
Support10%Not scoredNo primary source yet — weight redistributedNo primary source yet
Transparency10%Not scoredNo primary source yet — weight redistributedNo primary source yet

Bots on M1 Finance 1

BotMarketBest whenMin. investmentMax leverage
Auto-invest (Pies)SpotYou want deposits automatically invested into your chosen stock/ETF Pie, buying underweight slices first$100—

Fees

FeeValueSource
Price$3/mo (waived over $10k)M1 Finance — Pricing · 6 Nov 2026
Commission$0 commission (self-directed)M1 Finance — Pricing · 6 Nov 2026
Futures / derivatives feeNot verifiedNo primary source yet

Availability by country

All countries →
CountryStatusFrom the termsChecked
GermanyClosed“Have a current US residential address” source6 Nov 2026
United KingdomClosed“Have a current US residential address” source6 Nov 2026
United StatesRestricted“Be a US citizen or US permanent resident (Green Card holder)” source6 Nov 2026
CanadaClosed“Have a current US residential address” source6 Nov 2026
SingaporeClosed“Have a current US residential address” source6 Nov 2026
AustraliaClosed“Have a current US residential address” source6 Nov 2026
NetherlandsClosed“Have a current US residential address” source6 Nov 2026
FranceClosed“Have a current US residential address” source6 Nov 2026

Not legal advice. A platform may still refuse an individual user.

FAQ

How much does M1 Finance cost?

$3 a month platform fee, waived above $10,000; $0 commissions.

Can M1 Finance trade automatically?

It invests deposits automatically into your Pie and rebalances when you ask; it does not rebalance on its own.

Can I use M1 Finance in the United States?

Yes, for US citizens or green-card holders with a US address.

Sources

By the BotIndex editorial team. Methodology. Trading bots do not remove market risk.