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Broker Comparison

M1 vs moomoo

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

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

VS
moomoo

moomoo

Active investors using mobile and desktop tools

moomoo offers U.S. stocks, ETFs, options, margin, crypto and paper trading through mobile, desktop, TradingViโ€ฆ

Head-to-head comparison

M1 vs moomoo
Feature M1 moomoo
Minimum deposit โ€” $0
Stock trading fee Regulatory expenses occur when users sell a stock or ETF $0 commission
Regulators SEC, FINRA SEC, FINRA, FINCEN
Best for Long-term investors using automated portfolios Active investors using mobile and desktop tools
Markets & account
Stocks
ETFs
Crypto
Options
โ€”
Funds
โ€”
Investment Plans
โ€”
Margin
Fractional Shares
โ€”
Demo Account
โ€”

Pros & cons

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
moomoo

moomoo

Pros

  • $0 commissions on U.S. stocks and ETFs
  • $0 contract fees on U.S. equity options
  • Margin rates start as low as 6.8%
  • Paper trading starts with $1M virtual money
  • Crypto USD transfers to and from US banks have $0 fees
  • Qualified Cash Sweep users can earn 3.35% APY
  • TradingView integration is free for clients
  • Free US stocks Level 2 data with $100+ average value

Cons

  • Index options carry a $0.5/contract fee
  • Crypto trades add a 0.49% transaction fee
  • Crypto assets are not FDIC or SIPC protected
  • Margin requires at least $2,000 net assets
  • US stocks Level 2 data requires $100+ average value
  • ADR custodian fees are $0.01~0.05/share
  • Cash Sweep may fall to 0.03% if eligibility is not met
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.

moomoo

moomoo

moomoo offers U.S. stocks, ETFs, options, margin, crypto and paper trading through mobile, desktop, TradingView and API access.

Your capital is at risk. Other fees apply.

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