M1 Finance Review 2026
M1 is the best platform for systematic, automated long-term investing. If you want to build wealth through regular contributions with zero effort after setup, nothing matches M1's Pie system. Not for active traders.
Start Investing on M1 →Who Is M1 Finance For?
Long-term investors who want automated portfolio management without paying robo-advisor fees. Ideal for DCA investors building index fund or dividend portfolios on autopilot.
Pros and Cons
Commissions & Fees
M1 Finance in Depth
M1 Finance's Pie-based investing model is genuinely innovative. You define target allocations (e.g., 40% VTI, 30% VXUS, 30% BND), and every deposit automatically buys fractional shares to maintain those percentages. Automatic rebalancing sells overweight slices and buys underweight ones with new deposits. The Expert Pies library offers pre-built portfolios by risk tolerance, strategy (dividend growth, factor investing, ESG), and time horizon. M1 Borrow lets you borrow against your portfolio at 5-5.5% — significantly cheaper than margin at most brokers — useful for large purchases without liquidating investments. The single daily trading window is actually a feature for long-term investors who don't want to be tempted into market timing.