M1 Finance Bonus: Up To $500 Brokerage Promotion – Ended

Discover how to claim up to a $500 bonus with M1 Finance’s new brokerage offer! Learn the simple steps to qualify and maximize your investment before 12/31/2024.

Introduction: M1 Finance $500 Bonus Offer

Are you looking for an exciting opportunity to boost your investment portfolio? M1 Finance, a leader in the fintech industry, is now offering a promotion that could add up to $500 to your investing power.

By opening a new brokerage account and making a qualifying deposit, you can unlock a substantial cash bonus.

This article explores the intricacies of this promotion, offering insights into how to leverage it for maximum financial benefit.

Recent Updates:

• Update 1/28/2024: The offer has been extended through December 31, 2024. For the best investing research tool, check out Seeking Alpha. It is currently offering a free trial and BIG discount towards a plan.
• Update 12/4/2023: Offer is still good through 12/31/2023.
• Update 2/3/2023: Offer has returned. Details below.

See the bottom of this page for more offers from M1 Finance.

Understanding the M1 Finance Bonus Promotion

M1 Finance’s promotional offer is straightforward yet compelling: new customers are eligible to receive a cash bonus of up to $500 upon opening a new Brokerage Account. This initiative is designed to attract investors to M1’s comprehensive investment platform, which combines the flexibility of stock and ETF investments with powerful automation.

Signing Up for a New M1 Finance Brokerage Account

To start, sign up for a new M1 Brokerage Account. The signup process is designed to be seamless, ensuring that new users can quickly get started on their investment journey.

Making the Initial Deposit

Eligibility for the cash bonus hinges on making an initial deposit of $10,000 or more within 14 days of account opening.

Earning the Cash Bonus

The cash bonus awarded varies depending on the amount deposited, with bonuses ranging from $75 to $500. This tiered system rewards investors proportionally to their initial investment.

Utilizing Your Cash Bonus

The cash bonus is not just a welcome gift; it’s an investment in your financial future. M1 Finance allows you to use this bonus to invest in a wide array of stocks, ETFs, and other securities, offering a robust platform for financial growth and diversification.

Bonus Tiers Explained

The bonus structure is tiered to cater to varying levels of investment:

Deposited Value	Promotional Credit
$10,000 – $29,999.99	$75
$30,000 – $49,999.99	$150
$50,000 – $99,999.99	$250
$100,000+	$500

Sign up with this link found above.

Investing Disclosure: All investing involves risk, including the risk of losing the money you invest. Brokerage products and services are offered by M1 Finance LLC, Member FINRA / SIPC, and a wholly owned subsidiary of M1 Holdings, Inc. M1 does not provide investment advice, and this is not an offer or solicitation of an offer, or advice to buy or sell any security, and you are encouraged to consult your personal investment, legal, and tax advisors. Past performance does not guarantee future performance. FDIC Disclosure: Brokerage products and services are not FDIC insured, no bank guarantee, and may lose value. Brokerage products and services are offered by M1 Finance LLC, an SEC registered broker-dealer, Member FINRA / SIPC. Commission-free trading Disclosure: Commission-free trading of stocks and ETFs refers to $0 commissions charged by M1 Finance LLC for self-directed brokerage accounts. Other fees may apply such as regulatory, account closures and ADR fees. For complete list of fees, visit M1 Fee Schedule.

Read the full terms on the offer page.

M1 Finance Brokerage Features

M1 Finance’s unique selling points lie in its blend of automated investing with personalization. The platform offers pie-based investing, allowing users to create a custom “pie” of investments that reflect their goals, risk tolerance, and interests.

Automated Investing with Customization

M1 Finance’s hallmark is its innovative approach to investment, allowing users to create customized portfolios, or “Pies,” consisting of stocks, ETFs, and bonds. This feature enables investors to tailor their investments to align with their financial goals, risk tolerance, and preferences. Moreover, M1’s automated investing system manages these portfolios, adjusting allocations based on market changes and rebalancing needs, ensuring that your investment strategy remains on track without constant monitoring.

Fractional Shares Investing

One of the platform’s most democratizing features is the ability to invest in fractional shares. This means you can own a piece of high-value stocks like Amazon or Google with a minimal investment, making it easier for investors with limited capital to diversify their portfolios and gain exposure to leading companies.

Dynamic Rebalancing

M1 Finance automatically rebalances your portfolio to maintain the target allocation you’ve set. Whenever you deposit new funds, M1 distributes them to underweighted assets in your Pie to keep your investment strategy consistent. This automated rebalancing helps in adhering to your long-term investment goals and mitigating risk without the need for manual adjustments.

Borrowing Made Easy

M1 Finance offers a unique feature called M1 Borrow, which allows investors to borrow up to 35% of their portfolio’s value at competitive interest rates. This feature provides a flexible way to access liquidity without selling off investments, which can be particularly useful for covering unexpected expenses or taking advantage of new investment opportunities.

Robust Retirement Planning

Understanding the importance of retirement planning, M1 Finance offers a range of IRA options, including Traditional, Roth, and SEP IRAs. These accounts benefit from the same automated investing and customization features as taxable accounts, allowing for a personalized approach to retirement savings.

No Management Fees

One of the most compelling reasons to choose M1 Finance is its fee structure. The platform operates with no management fees, meaning investors can access its robust features without worrying about high costs eating into their returns. However, it’s important to note that underlying ETFs and stocks may still incur their usual fees.

Model Portfolios

For those who prefer a hands-off approach or seek guidance, M1 offers pre-built portfolios known as Model Portfolios. These portfolios are designed by financial experts and cater to various investment strategies, including target-date funds, socially responsible investing, and more.

Comparison with Other Investing Offers

While M1 Finance’s promotion is certainly attractive, savvy investors will weigh this offer against others in the market.

Compare With Other Investing offers with bonuses, discounts, or promotions:

• Robinhood Bonuses: Free Stock Sign-Up, Bonus Stock Referrals
• TradeStation Bonuses: Up To $5000 Transfer, $3500 Deposit, 50% Off Futures Brokerage Fees
• J.P. Morgan Self-Directed Investing Up To $700 Bonus – Ends 1/23/25
• Tornado.com Bonus: Up To $1,000 Free Cash Offer & Referral Bonuses
• Webull Promotions: Up To 75 Free Stock Sign-Up Offers, Up To $5,000 Transfer Bonus, 5% APY & $3,000 Promo & More
• Crypto.com Sign Up Bonus: $50 Crypto Welcome Offer & $50 Referrals
• TradingView Bonus: $15 Welcome Offer + $30 Referrals
• Moomoo Bonuses: 15 Free Stocks & More (Get $320-$460 Value), $200 Cash Referral, Up To $400 Transfer Bonus
• iTrustCapital Bonus: $100 New Account Bonus & $100 For Qualified Referrals

Our Take on the Offer

M1 has offered similar promotions in the past. A good deal if you’re looking to try their services out.

To be eligible, users must not have registered for an M1 account previously, successfully open a taxable investment account, not use a referral link, and deposit a minimum of $10,000 via ACH within the first 14 calendar days of creating an account.

Sign up with this link found above.

More from M1 Finance:

• M1 Finance: Up To $15,000 Transfer Bonus – Ended
• M1 Finance Bonus: Up To $20,000 For M1 Invest Brokerage, New $15K and $20K Tiers – Ended
• Best M1 Finance Bonuses: $250 to $20,000 Offers October 2024
• M1 Finance Owner’s Rewards Card: Get Up To 10% Cash Back
• M1 Finance Checking Account Earns 3.30% APY – Ended
• M1 Finance Crypto Up To $200 Bonus Offer – Ended
• M1 Finance: Investment Account Up To $1,500 Bonus For Recurring Deposits – Ended
• [No Longer Accepting New Accounts] M1 Finance High-Yield Savings Account Earns 5.00% APY For M1 Plus Members
• M1 Finance Offer: Get $75 off M1 Plus, Pay $50 For 1 Year – Ended

Frequently Asked Questions

How long do I have to make the initial deposit to qualify for the M1 Finance promotion?
You have 14 days from the date of account opening to make the initial deposit.

Can I use the cash bonus immediately for investments?
Yes, the cash bonus can be used immediately for investments once credited to your account.

Are there any restrictions on the types of accounts eligible for the promotion?
Yes, retirement, custodial, or trust accounts are not eligible for this promotion.

How is the promotional credit calculated based on my deposit?
The promotional credit is tiered based on the amount of your deposit, with different tiers offering different bonus amounts.

Can I participate in this promotion if I already have an M1 Finance account?
No, this promotion is exclusively for new users who have never registered for an M1 user account before.

READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.

By Tony Jay, a seasoned finance blogger and executive editor, who boasts over two decades of experience in the banking sector, with a specialization in online banking and savings strategies. Tony holds a doctoral degree from Tulane University. Edited by John Huynh, who brings more than two decades of experience in finance and investing, including as a senior finance and operations manager at a renowned research institute and degrees in economics and international studies from UC Irvine.