M1 Finance22 reviews
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The investment platform is pretty good overall, but I think there's definitely room for improvement when it comes to the transfer rules. Right now, the smart transfer rules can be a bit confusing and sometimes they don't quite match up with the minimum cash allocation needed before you start investing. It would be really helpful if the cash allocation didn't override the smart transfer rules, that way users could have a more seamless and consistent experience.
M1 Finance: A Solid Investment Platform with Room for Improvement
As a user of M1 Finance, I can honestly say that I have been quite happy with the platform. The interface is user-friendly and easy to navigate, which is always a plus. I appreciate that I can easily set up automatic investments and reallocations, as well as the ability to customize my own portfolio or choose from pre-made expert portfolios. The fees are also very reasonable, which is definitely a selling point for me.
One aspect of M1 Finance that I particularly appreciate is the "Pie" feature, which allows me to see my asset allocation at a glance. It's a great tool for keeping track of my investments and making sure that my portfolio is well-diversified.
Overall, my experience with M1 Finance has been positive. It's a solid choice for anyone looking for an online investment platform that offers a good balance of convenience and customization.
About M1 Finance
M1 Finance is a financial services company based in Chicago, Illinois, founded in 2015. It offers a unique platform combining elements of traditional investment brokerage services with modern digital banking services. The company provides a free automated investing service where users can create and manage a portfolio of stocks and ETFs. Additionally, M1 Finance offers banking services through M1 Spend, a high-yield checking account, and M1 Borrow, which allows users to borrow against their investment portfolio at low interest rates. The platform's innovative approach to personal finance, emphasizing user customization, automation, and integration of banking and investing services, positions M1 Finance as a comprehensive solution for individual financial management and wealth building.
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Categories M1 Finance
Finance | Saving | Investing | Speculate | Money Transfer
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Last update: November 2024
Review with most votes
M1 Finance: A Solid Investment
As a user of M1 Finance, I can honestly say that I have been quite happy with the platform. The interface is user-friendly and easy to navigate, which is always a plus. I apprec... Read onBy: Sabina Schowalter