Robinhood vs M1 Finance Comparison: Fees, Features, and More (2025)

Robinhood and M1 Finance are two leading discount brokerages offering commission-free stock and ETF trading. Use this head-to-head comparison table to evaluate fees, features, trading tools, and account options to help you decide which broker is right for you in 2025.

Head-to-Head Comparison: Robinhood vs M1 Finance (2025)
Feature Robinhood M1 Finance
Website https://robinhood.com/ https://www.m1finance.com/
Broker Type Mobile-Only Discount
Trading: Stock & ETF? Yes Yes
ETF & Stock commission No fee No fee
Fractional Shares? Yes Yes
Percent Allocations? No Yes; M1 Pies
Crypto Trading? Yes No
Crypto Fees approx. 1% not applicable
Options Trading? Yes No
Options Fee No fee not applicable
Bond Trading Available? Yes No
Pays for Order Flow (PFOF)? Yes Yes
Interface: Web trading? Yes Yes
Desktop trading? No No
API Trading? No No
Mutual Funds: Offered? No No
Total Mutual Funds None None
NTF Mutual Funds None None
Non-NTF Fund Fee not applicable not applicable
Early Redemption Fee? not applicable not applicable
Redemption Hold (Days) not applicable not applicable
Early Redemption Fee not applicable not applicable
Accounts: Margin Accounts? Yes Yes
IRAs Offered? Yes Yes
HSAs Offered? No No
Money Market Sweep? Yes, Robinhood Gold No
CDs Offered? Yes Yes
Robo-Advisor: Offered No Yes
Robo-Advisor Service none none
Robo-Advisor Fes not applicable not applicable
Basics: Headquarters Menlo Park, CA Chicago, IL
Year Founded 2013 2015
Clearing Firm Robinhood Securities, LLC Apex Clearing
Local Branches? No No
New Account Minimum $0 $100

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