M1 Finance Reviews
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M1 Plus perks
I've been using M1 for a while now and so far, my experience with their platform has been pretty good. However, I do think they could step up their game when it comes to the perks offered with M1 Plus. While I do like what M1 has to offer, I feel like they should bump up the spend interest rate for M1 Plus to make it a more attractive option. Also, the $125 fee for M1 Plus seems a little high given the perks currently available. It would be nice if M1 Plus included things like no trade windows, better credit card rewards such as 2% cash back, or more competitive benefits to justify the cost. The main perk of M1 Plus seems to be the borrow rate, but since I don't really use that feature, it doesn't really add much value for me. With other financial institutions offering great rates and perks, I'm starting to think twice about renewing my subscription to M1 Plus unless they lower the price or increase the spend rate.
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.Automated investing product
The investing tool I've been using has completely transformed how I handle my money. It's super easy to use and has saved me from making mistakes that often come with trying to trade stocks actively or ignoring my investments altogether. The platform is really easy to figure out and great for both seasoned investors and newbies. My only suggestions are to add a mobile deposit option, which would be super useful for people like myself - small business owners and consultants who need to deposit money while on the move. Also, being able to transfer money from different banks would make things even more convenient for users.
Investment platform
My experience with this investment platform has been pretty good so far. It's easy to get around and there's a lot of different investments to choose from. But there are a couple things they could do to make it even better. Like, it would be cool if you could pause or lock auto-invest or selling on specific investments to have more control over your portfolio. And setting end goals for each investment, like reaching a certain number of shares, would be helpful. It would also be nice to see how much money you're making in real-time instead of waiting for statements or updates.
Invest limited options
I really like the PIE system and having all my spending in one place. But, it can be annoying that there aren't many investment options based on volume. Not being able to invest in mutual funds is a bummer, and only having two times to trade is a pain. Sometimes a stock drops in price during the day and I want to buy it, but by the time I can trade, it's bounced back up. So frustrating to miss out on making money like that.
Investment platform switch
The app and platform design for this investment service is really impressive. They have this cool investment pie feature that looks great and is super easy to use. The way they use metaphors is smart, and the design is clean and simple, which makes managing your investments a breeze. But, even with all that, my customer service experience has been pretty disappointing. I recently closed my regular brokerage account and tried to transfer my funds to this platform, but my account has been on hold for four days now with no explanation or fix. Trying to get help from customer service has been a headache. All I've gotten are those automated messages saying they're looking into it, but no real help. It's a bummer that the service and how quickly they respond don't live up to how great the platform looks and works.
Investment account review
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.
Platform services
Keep it up with features such as yield on cost, comparison charts to the S&P500, dividend safety metrics, and future cash flow charts.
Online Investment Platform
The online investment platform is doing pretty well for me, but there are a few things that I'm a bit worried about. First off, the fees seem kind of high compared to other platforms that let you buy parts of a share with no fees. I think it would be better if the fees were more fair for everybody so they can attract and keep customers. Also, the APR rate for premium customers needs to be more competitive so they can keep up with other platforms that offer better rates. The way the platform looks is cool, but it doesn't give me all the important info I need like how I've been doing this year and a clear way to see my performance with and without money. Overall, while the basics are alright, there are definitely ways they can make improve different parts of the platform.
Review with most votes
M1 Finance: A Solid Investment
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