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Latest reviews

Fresh experiences from real customers, collected from Reddit, YouTube and blogs and linked to their sources.

Updated continuously · Most recent first

M1Mixed

Reddit · r/personalfinance · 29 days ago

They opened a Roth IRA at M1 by rolling over an old 401(k) and picked a premade model pie, then kept contributing. They are unhappy with the modest first-year performance and note the model pie cannot be edited.

M1Mixed

Reddit · r/fidelityinvestments · 82 days ago

They currently use M1 Finance and praise the interface and the pie concept, but are frustrated that it only trades in two windows a day. They are considering moving their IRA to Fidelity for baskets.

M1Positive

Reddit · r/M1Finance · 100 days ago

Most bills are now paid from it, Smart Transfers top up the account within about 15 minutes, and Venmo and PayPal work seamlessly, while debit swipes, ATM, cash and check deposits and Zelle still need other institutions.

M1Mixed

Reddit · r/investing · 118 days ago

They hold investments at M1 alongside Fidelity and like M1 for its pies. The restriction to a single joint account is why their other accounts live at Fidelity, and they would consolidate there if needed.

E*TRADENegative

Reddit · r/fidelityinvestments · 148 days ago

Beneficiary department mixed another customer's shares into an inherited account transfer to Fidelity, then refused to provide a written negligence letter and made aggressive collection threats before the return finished processing.

M1Negative

Reddit · r/fidelityinvestments · 185 days ago

They tried to fund their M1 Finance IRA from a Fidelity CMA but linking failed on both ends, and M1 does not accept mobile check deposits into the IRA, leaving them with few funding options.

E*TRADENegative

Reddit · r/etrade · 326 days ago

Accounts held for a decade or more were treated as newly opened by someone else; despite sending a passport, license and selfies and being verified, access stayed restricted and a letter of instruction was needed for withdraw-only access.

M1Mixed

Reddit · r/investing · 326 days ago

They use M1 alongside Robinhood and love building pies that auto-invest from recurring bank deposits, but dislike the limited trade windows and target-weight buying instead of fixed recurring amounts.

M1Positive

Reddit · r/M1Finance · 419 days ago

No problems so far using it as main checking and for the pie-based investment accounts, though they keep a brick-and-mortar checking account as an emergency backup because support is slow when accounts are locked.

M1Positive

Reddit · r/Bogleheads · 420 days ago

They keep part of their money at M1 and like its automatic dynamic rebalancing of new deposits into underweight holdings. They see the limited trade windows as a non-issue for a long-term investor and find the fee structure fine.

E*TRADENegative

Reddit · r/fidelityinvestments · 456 days ago

They also bank at E*TRADE for the high-interest accounts, but transferring their late father's assets was a nightmare of runaround and lies. They say the terrible customer service is not worth it and plan to move to Fidelity.

M1Negative

Reddit · r/fidelityinvestments · 456 days ago

They were charged both a retirement account closing fee and an outgoing ACAT transfer fee on each of two M1 accounts when leaving for Fidelity, and only later got the fees reimbursed by Fidelity.

M1Mixed

Reddit · r/fidelityinvestments · 491 days ago

They hold a Roth IRA at M1 and enjoy pies for seeing returns of stock and index groups on one screen. They are considering leaving because of the limited trading windows, limited fund selection and the account-closing transfer fee.

M1Negative

Reddit · r/fidelityinvestments · 491 days ago

They began investing at M1 with a three-part pie but left because of limited account types and poor customer service. They now maintain the same allocation by hand at Fidelity instead of paying for baskets.

M1Negative

Reddit · r/Bogleheads · 533 days ago

They switched from Fidelity to M1 and back again, finding that M1 trade execution prices were consistently worse by a noticeable percentage per trade, which they blamed on payment for order flow.