M1 Invest $5000 Bonus

M1 Finance logo

M1 Finance : M1 Invest

up to $5000

Offer Expired On

February 18, 2022

How To Earn The Bonus

  1. Have or open an M1 Invest account that matches the account type you have at another brokerage.
  2. Before promo expiration date, submit transfer requests from your current brokerage(s). The size of your bonus will depend on the total value transferred into M1 by the end of the promotion period: $50,000 to earn $500; $500,000 to earn $1,000; $1M to earn $2,500; $2M to earn $4,000; or $5M+ to earn $5,000
  3. Bonus will be paid on August 18.

Available in Your Area?

Yes

Monthly Fees?

No

Open Online?

Yes

Credit Pull?

Unknown

M1 Finance logo

If you already have funds invested on another platform, you can earn big when you transfer funds to a new M1 Finance account.

Right now, you can earn a bonus of up to $5,000 for making the switch. All you have to do is open a new account that matches the type you’re transferring from, upload some documents, and you’ll be in line for the bonus.

The total bonus that you get depends on the amount of your transfer:

  • $50,000 – $499,999.99: $500
  • $500,000 – $999,999.99: $1,000
  • $1,000,000 – $1,999,999.99: $2,500
  • $2,000,000 – $4,999,999.99: $4,000
  • $5,000,000+: $5,000

How To Earn The Bonus

The M1 Invest promotion requires you to complete the following in order to earn the $5000 bonus.

Full requirements to receive this bonus are:

  1. Have or open an M1 Invest account that matches the account type you have at another brokerage.
  2. Before promo expiration date, submit transfer requests from your current brokerage(s). The size of your bonus will depend on the total value transferred into M1 by the end of the promotion period: $50,000 to earn $500; $500,000 to earn $1,000; $1M to earn $2,500; $2M to earn $4,000; or $5M+ to earn $5,000
  3. Bonus will be paid on August 18.

The fine print

  • This offer is not valid if the name on the M1 account is different than the name on the outside brokerage account requested for the ACATs.
  • This offer is non-transferable, and not valid with any of the following: internal transfers, ACH deposits (bank transfers), wire transfers, direct 401(k) rollovers, or in conjunction with other promotional offers M1 Finance or may offer from time to time.
  • Cryptocurrency is not eligible for ACATS. Additionally, any security transferred via ACATS that is not traded by M1 will be liquidated, including but not limited to Mutual Funds and Over-The-Counter securities.

How does this investment offer from M1 compare?

To help you determine how this bonus stacks against the rest, here are some of the most popular offers available right now:

Axos

Self-Directed Trading

Bonus
$100
Account Type
Investment
Expires In
33 days
Requires
  • Min Balance

J.P. Morgan

Self-Directed Investing

Bonus
up to $625
Account Type
Investment
Expires In
47 days
Requires
  • Min Balance

Tradestation

Securities or Crypto Account

Bonus
up to $150
Account Type
Investment
Expires In
Limited Time
Requires
  • Min Balance

Why M1 Finance?

M1 Finance is a personal finance app that offers investing, loans, and a cash management account. M1 Finance’s investing tools allow you to customize your own investment strategy and utilize automation to keep it in balance.

M1 Invest

M1 Invest is the foundational product for the M1 Finance platform. You'll have access to commission-free trades, a suite of automation tools, and the flexibility to choose between a DIY, custom portfolio made up of individual stocks and ETFs, or opt instead for "pre-baked" expert pies.

You can also attach an M1 Borrow account, which will let you borrow up to the 35% of your Invest portfolio at a super-low interest rate of 2% or 3.5%, while leaving your actual investments intact so that they can continue to grow. It's the kind of borrowing that's usually reserved for the ultra rich.

Fees

M1 Invest does not charge a monthly fee.