Can You Day Trade on M1 Finance?

M1 Finance Day Trading

2023 pattern day trading rules at M1 Finance. Active trader PDT requirements for margin and cash accounts above/below $25,000 balance. Can you day trade on M1 Finance?

Day Trading at M1 Finance

At M1 Finance all trades are executed only one time during a day for regular customers and two times per day for M1 Plus customers. Therefore, it is impossible to be a day-trader at M1 Finance. We suggest using TD Ameritrade for day trading stocks and ETFs. Learn more...

Open TD Ameritrade Account

Open TD Ameritrade Account

Open M1 Finance Account

Open M1 Finance Account

M1 Finance Investment Categories

During the application process, M1 presents several categories of its own Pies, so that applicants can see what types of portfolios are available. The categories are:

General Investing – As the name suggests, this category is for all-purpose investing. There are several Pies within this category. They range from ultra conservative to ultra aggressive.

Plan for Retirement – These Pies are target-date portfolios. Each target date has three options: aggressive, conservative, and moderate.

Responsible Investing – These are socially-conscious Pies that meet environmental, social, and governance criteria. All of the underlying ETF’s are from NuShares.

Income Earners – These are fixed-income Pies.

Hedge Fund Followers – M1 Finance built these Pies in hopes of mimicking the returns of notable money management groups.

Industries & Sectors – This group of Pies delivers a large selection of investment areas, such as telecom and energy companies. Most of the securities in the Pies are stocks, not ETF’s.

Just Stocks & Bonds – This category includes Pies that are split in various proportions between debt and equity ETF’s.

Other Strategies – This group includes a Dow Jones Pie, which invests in the 30 stocks that make up the Dow Jones Industrial Average. The other option is the Market Cap 100 Pie, which invests in the 100 largest companies in the U.S. Each stock makes up 1% of the Pie.

m1 finance day trading