M1 Finance
SEC/FINRA
Robinhood
SEC/FINRA
M1 Finance vs Robinhood
Head-to-Head Comparison 2026
Our Verdict
M1 Finance has a higher rating of 4.2/5 compared to Robinhood (3.9/5). The minimum deposit is lower at Robinhood with 0 $. Robinhood offers options trading, while the other does not. Robinhood has been in the market since 2013, making it the more experienced provider.
Comparison Table
| Criteria | M1 Finance | Robinhood |
|---|---|---|
| Rating | 4.2/5 (1200 reviews)✓ | 3.9/5 (2500 reviews) |
| Regulation | SEC/FINRA | SEC/FINRA |
| Fees | $0 commission, M1 Plus $125/year for premium features | $0 commission on stocks, ETFs and options |
| Min. Deposit | 100 $ | 0 $ |
| Instruments | US Stocks, ETFs, Fractional Shares, Crypto | Stocks, ETFs, Options, Crypto |
| Platforms | M1 Finance Web, M1 Finance App | Robinhood App, Robinhood Web |
| Options Trading | No | Yes, commission-free US options |
| Founded | 2015 | 2013 |
| Headquarters | Chicago | Menlo Park |
Detailed Comparison
Fee Comparison
M1 Finance: $0 commission, M1 Plus $125/year for premium features. Minimum deposit: 100 $.
Robinhood: $0 commission on stocks, ETFs and options. Minimum deposit: 0 $.
Product Range
M1 Finance (4 categories)
Robinhood (4 categories)
Trading Platforms
M1 Finance
- M1 Finance Web
- M1 Finance App
Robinhood
- Robinhood App
- Robinhood Web
Regulation & Security
M1 Finance is regulated by SEC/FINRA (HQ: Chicago).
Robinhood is regulated by SEC/FINRA (HQ: Menlo Park).
Who Is It For?
M1 Finance
US neobroker with pie investing, credit line and high-yield account
✓ Unique pie investing for automated portfolio
✓ Commission-free stock and ETF trading
✓ Integrated credit line (M1 Borrow) at low rates
✗ Only one trading window per day (Standard)
✗ No advanced trading tools
Robinhood
Commission-free US broker that revolutionized stock trading
✓ Completely commission-free trading
✓ Very user-friendly app
✓ Fractional shares from $1
✗ Only available for US customers
✗ Limited research and analysis tools
Frequently Asked Questions
Is M1 Finance or Robinhood cheaper?
Which broker offers more products: M1 Finance or Robinhood?
Which broker is better regulated?
Is M1 Finance or Robinhood better for beginners?
M1 Finance vs Robinhood: Which broker is better overall?
M1 Finance
US neobroker with pie investing, credit line and high-yield account
Open Account →From 100 $ min. deposit
Robinhood
Commission-free US broker that revolutionized stock trading
Open Account →From 0 $ min. deposit