Unlike other investing platforms, you’ll never be charged commissions or markups on any trades, a platform usage fee, or to deposit or withdraw from your connected bank— because we believe your money should work harder for you.
Miscellaneous Fees
M1 doesn’t charge for normal platform use, meaning you’ll never pay for regular investing activities. But we also know some investors may request additional account operations from time to time. That’s why we offer the following services for a fee:
Request for paper copies
Overnight Mail - Domestic (per request)
$125
Overnight Mail - International/Canada (per request)
$100
Paper Confirm Fee (Retail Paper Only) (per request)
$2
Paper Statement Fee (Retail Paper Only), (per 50 pages)
$5
Paper Tax Statement Fee (Retail Paper Only), (per 50 pages)
$5
Return Mail (per piece)
$2
Account Maintenance
Inactivity fee: accounts with less than $20 & no activity for +90 days.
$20
Escheatment Processing (per account)
$75
TOD Account Transfer Fee (per transfer)
$200
Direct Account Transfers - Transferring between brokerages
Incoming
$0
Outgoing
$100
Other
IRA Termination Fee (per event)
$100
IRA Conversion Fee
$25
Mutual Fund Sales
$20
Liquidating securities traded on foreign exchanges
$50
Miscellaneous Bank Fees
Please note: Direct ACH deposits from or to your connected bank account are always Free!
Please note: Direct ACH deposits from or to your connected bank account are always Free!
Wire Transfer (Domestic)
$25
Wire Transfer (Foreign)
$45
Check Request
$25
Returned Checks/ACH/Wires and Recalls
$30
Amendment Repairs
$30
ACH Notice of Change/Correction
$5
