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M1 Finance review — 2026
★★★★☆ Overall score: 4/5
Automated portfolio rebalancing. Best for passive, set-and-forget investing.
Monthly: $0.00/mo
Annual (first year): $0.00/year
Annual (renewal): $0.00/year
Money-back: 0 days
Annual (first year): $0.00/year
Annual (renewal): $0.00/year
Money-back: 0 days
Get M1 Finance → Read full review →
Protection
| Malware detection rate | 0% |
|---|---|
| False-positive rate | n/a |
| AV-TEST score | n/a |
| Real-time protection | ✓ |
| Ransomware protection | ✗ |
| Firewall | ✗ |
Bundled features
| VPN included | ✗ |
|---|---|
| Password manager | ✗ |
| Parental controls | ✗ |
| Dark web monitoring | ✗ |
| Identity theft protection | ✗ |
| Cloud backup | ✗ |
Compatibility
| Devices covered | Web + Mobile |
|---|---|
| Platforms | Web, iOS, Android |
Our review
M1 Finance is the right pick for passive investors who want pie-based auto-rebalancing. Best for IRA + Roth IRA holders who want automation. Not for active traders or options.
Pros
- Pie-based portfolio construction with auto-rebalancing
- Fractional shares + auto-invest schedules
- IRA + Roth IRA + SEP IRA support
- Smart Transfer feature shifts cash between accounts based on rules
- $0 commissions
Cons
- M1 Plus tier required for some features ($95/year, sometimes waived)
- No options or crypto trading
- Limited research tools
- Trade windows (vs real-time): morning + afternoon only on Free tier