Bestinvest vs M1 - BrokerCue
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Broker Comparison

Bestinvest vs M1

Compare Bestinvest and M1 side by side: fees, regulation, platforms.

Bestinvest

Bestinvest

UK long-term fund and SIPP investors

Bestinvest is a UK investment platform offering stocks, funds, ETFs and ready-made portfolios across ISA, SIPโ€ฆ

VS
M1

M1

Long-term investors using automated portfolios

M1 combines automated Pies for stocks, ETFs, funds and crypto with scheduled trade windows, cash accounts andโ€ฆ

Head-to-head comparison

Bestinvest vs M1
Feature Bestinvest M1
Minimum deposit - -
Stock trading fee UK shares: ยฃ4.95 per online trade; telephone dealing: ยฃ30 per trade Regulatory expenses occur when users sell a stock or ETF
Regulators FCA SEC, FINRA
Best for UK long-term fund and SIPP investors Long-term investors using automated portfolios
Markets & account
Stocks
ETFs
Crypto
-
Bonds
-
Funds
Ready Made Portfolios
-
Isa
-
Sipp
-
Business Account
-
Investment Plans
-
Margin
-

Pros & cons

Bestinvest

Bestinvest

Pros

  • No fund dealing fees
  • No US share dealing fees
  • Free withdrawal and no exit fees
  • SIPP fee is competitive with no setup charge
  • Free unlimited investment coaching sessions
  • Over 3,700 funds, shares, ETFs and investment trusts available
  • Flexible ISA - withdraw and replace without losing allowance
  • FSCS protection up to ยฃ85,000

Cons

  • ยฃ4.95 per UK share and ETF trade
  • FX conversion fee of 0.95% on US shares and foreign currency transactions
  • SIPP minimum charge of ยฃ120 per year even on small balances
  • No fractional shares
  • No demo account
  • Limited to UK and US shares only - no European or Asian exchanges
  • Mobile app redirects to browser for some investment actions
M1

M1

Pros

  • No commission, trading or management fees on self-directed brokerage accounts
  • Pies invest new deposits toward target allocations automatically
  • Dynamic rebalancing buys underweight Slices first
  • One-click rebalancing returns a Pie to preset targets
  • Cash accounts show 3.10% APY and FDIC insurance up to $4.75 million
  • Margin loans shown at 5.65% with no minimum payment or late fees
  • Crypto Pies use Bakkt custody and can trade 7 days a week

Cons

  • $3 platform fee applies below $10,000 in M1 assets unless waived
  • Trades execute during scheduled trade windows, not in real time
  • Crypto holdings are not FDIC or SIPC insured
  • Crypto on-demand trading is limited to 10 trades per calendar month
  • Margin loans require at least $2,000 invested in eligible accounts
  • Crypto can't be included in an IRA
  • Outgoing account transfers cost $100
Bestinvest

Bestinvest

Bestinvest is a UK investment platform offering stocks, funds, ETFs and ready-made portfolios across ISA, SIPP and general investment accounts, backed by Evelyn Partners.

Your capital is at risk. Other fees apply.

M1

M1

M1 combines automated Pies for stocks, ETFs, funds and crypto with scheduled trade windows, cash accounts and margin loans.

Your capital is at risk. Other fees apply.

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