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M1 Finance is a personal finance platform offering investment services, retirement accounts, interest-bearing checking accounts, and loans. All securities are insured by the Securities Investor Protection Corporation (SIPC) up to $500,000 and checking accounts are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000.
$0 commissions and no management fee
- Provides 1% cash back with M1 Plus
- Allows users to buy fractional shares
- Insured by the SIPC and the FDIC
- Offers over 80 expertly curated investment portfolios for beginners