How it works
Open an M1 account that matches the account type you’re transferring.
Upload your documents securely through our encrypted form.
It only takes 4 minutes.
Complete steps 1 and 2 before 2/14/2021 to receive your transfer bonus.e
Get up to $4,375 when you switch to M1
Transferring securities from another brokerage account to M1 is simple.
Plus, see how much you could earn.
Account transfer size
Your bonus
$10,000 – $19,999.99
$50
$20,000 – $49,999.99
$100
$50,000 – $99,999.99
$200
$100,000 – $249,999.99
$300 + M1 swag
$250,000 – $499,999.99
$625 + M1 swag
$500,000 – $999,999.99
$1,250 + M1 swag
$1,000,000 – $1,999,999.99
$3,125 + M1 swag
$2,000,000 +
$4,375 + M1 swag
More than $600 million in transfers
10,000+ savvy investors have transferred to M1 from places like Vanguard, Fidelity, Charles Schwab, and Betterment, among others.
May not be representative of the experience of other customers.
“It is truly the best of both worlds: the choice of securities like traditional brokers as well as the automation of modern robo-advisors.”
Michael M.
With M1 there’s no comparison
M1 provides greater automation, better checking, increased borrowing power, and more chances to keep doing more of what you want. For free.
Vanguard
Schwab
Fidelity
Robinhood
Automation
AUTOMATION
Dynamic rebalancing, schedules, Smart Transfers
Vanguard
No
Schwab
Only available with Intelligent Portfolios®
Fidelity
Only available with hybrid robo advisor
Robinhood
Only investing schedules
Fractional shares
FRACTIONAL SHARES
Yes, on stocks and ETFs
Vanguard
No
Schwab
Yes, only on S&P 500 stocks®
Fidelity
Yes, only available on mobile app
Robinhood
Yes, on stocks and ETFs
Margin lending base rate
MARGIN LENDING BASE RATE
3.50%, multi-use portfolio line of credit 
Vanguard
6%, only available for buying securities
Schwab
6.50%, only available for buying securities
Fidelity
7.075%, multi-use portfolio line of credit
Robinhood
$5/month + 2.5%, only available for buying securities
Digital banking
DIGITAL BANKING
Yes, 1% APY and 1% cash back with M1 Plus
Vanguard
No
Schwab
Yes, 0.03% APY
Fidelity
Yes, 0% APY
Robinhood
Yes, 0.3% APY
Fees
FEES
Free, M1 Plus is $125/year
Vanguard
Free, but some options carry fees
Schwab
Free, but some options carry fees
Fidelity
Free, but some options carry fees
Robinhood
Free, but some options carry fees
Information on competing brokerages was accessed from each brokerage’s website on December 22, 2020.
What are you waiting for? Get started today.
Transfer a brokerage account to M1 and earn up to $4,375
From January 1, 2021 through February 14, 2021, transfer a brokerage account or IRA to M1 and earn up to $4,375. Here’s how to get started:
- Get a copy of a recent account statement from your brokerage.
- Ensure you have an account open at M1 that matches the account type you’re transferring (e.g. if you are transferring securities from a joint brokerage account, you’ll need a joint brokerage account open at M1)
- Submit a transfer request from another brokerage account during promotion period (1/1/2021 12:00 am ET– 2/14/2021 11:59 pm ET). Click here to get started.
- Promotional credits will be paid to eligible clients no later than May 3, 2021.
Eligibility
- Clients who have previously transferred a brokerage account to M1 and subsequently transferred out of M1 are not eligible for this promotion.
- This promotion is separate from and your actions for this promotion do not also qualify you for the “M1 Deposit $1,000, Get $30” Promotion.
TERMS AND CONDITIONS
This offer is only valid for M1 customers who complete an ACAT from January 1, 2021 to February 14, 2021. The M1 account must receive instructions to complete an Automated Customer Account Transfer Service (“ACATS”) no later than February 14, 2021 at 11:59 pm ET. Any unsuccessful ACATS will be deemed ineligible.
This offer is not transferable, is not valid with internal transfers, and is not valid in conjunction with certain other offers.
Cryptocurrency is not eligible for ACATS. Additionally, any security transferred via ACATS that is not traded by M1 will be liquidated, including but not limited to Mutual Funds and Over-The-Counter securities.
Offer applies to qualifying direct account transfers from brokerages/firms initiated between 1/1/2021 at 12:00 am ET and 2/14/2021 at 11:59 pm ET via the ACATs system. Promotional payment will be deposited into the M1 Invest Account receiving the ACATS no later than 5/3/2021.
Account value of the qualifying account must remain equal to, or greater than, the value after the net deposit was made (minus any losses due to trading or market volatility or margin debit balances) for 60 days. M1 Finance may charge the account for the cost of the offer at its sole discretion. M1 reserves the right to restrict or revoke this offer at any time. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business.
Taxes related to M1 offers are your responsibility. All Promotional items and cash received during the calendar year will be included on your consolidated Form 1099. You are encouraged to consult a legal or tax advisor for the most recent changes to the U.S. tax code and for rollover eligibility rules.
Through the M1 Finance Transfer Promotion Program you have the opportunity to earn a promotional credit based on the account value:
| Account Value | Promotional Credit |
| $10,000 – $19,999.99 | $50 |
| $20,000 – $49,999.99 | $100 |
| $50,000 – $99,999.99 | $200 |
| $100,000 – $249,999.99 | $300 + exclusive M1 swag |
| $250,000 – $499,999.99 | $625 + exclusive M1 swag |
| $500,000 – $999,999.99 | $1,250 + exclusive M1 swag |
| $1,000,000 – $1,999.999.99 | $3,125 + exclusive M1 swag |
| $2,000,000 + | $4,375 + exclusive M1 swag |
The account value is determined as the current market value of all holdings and cash on the day the transfer is completed. Exclusive M1 swag includes a mug, a notebook, and stickers. M1 swag will be mailed to the address provided by the Primary M1 accountholder. M1 swag will be mailed out by May 3, 2021, exact date of receipt will be contingent on the delivering ability of the courier service provider. M1 does not guarantee receipt of the package and will not re-send any items returned to sender due to an inability to deliver to the address provided by the Primary M1 accountholder.
Promotional value is available for transfers submitted via ACATs. ACH deposits (bank transfers), and 401(k) rollovers are not eligible for promotional credits. Promotional credits will not be applied for any transfer which has completed retroactively. The promotional amount will be based on the aggregate value of all brokerage accounts or IRAs transferred.
This promotion is not valid with any other offers and is non-transferrable. Offer available to U.S. Citizens and Permanent Residents only. M1 reserves the right to terminate this offer at any time, to limit the amount of account bonuses you are eligible to receive, and to refuse or recover any promotion award if M1 determines that it was obtained under wrongful or fraudulent circumstances, that inaccurate or incomplete information was provided, or that any terms of the M1 Terms of Use or Account Agreement have been violated. This offer is not valid if the name on the M1 account is different than the name on the outside brokerage account requested for the ACATs.
General Conditions: By participating in this promotion, you agree to release, discharge, indemnify, and hold harmless, M1, its affiliates, retailers, and advertising and promotion agencies, and all of their respective officers, directors, members, managers, partners, and employees from any liability or damages that may arise out of participation in this promotion or out of acceptance, use, misuse or possession of the cash deposit attained through this Promotion. All applicable federal, state, and local laws and regulations apply.
Your Personal Information: Personal information collected in connection with this offer will be used in accordance with M1’s Privacy Policy.