You can liquidate an M1 investment account by initiating a one-time transfer for the current total value of the account to your connected external bank.
Once you select "Review", a liquidation confirmation and acknowledgment screen will appear. If you confirm, your positions will be liquidated during your next available trade window.
Please note that while your account is liquidating, scheduled transfers, deposits, and withdrawals will be disabled. Once your positions have been sold and settle (typically in 3-5 business days) the funds will be transferred to your bank account.
Brokerage accounts on the M1 platform are either fully disclosed to APEX Clearing or cleared through M1 Finance LLC. Please look at your account statement to determine how your account is cleared.
All investing involves risk, including the risk of losing the money you invest. Past performance does not guarantee future performance. Using margin can add to these risks. Users utilizing APEX cleared margin accounts should review the APEX margin account risk disclosure before borrowing. Users utilizing M1 cleared margin accounts should review the M1 margin account risk disclosure before borrowing. M1 Margin Loans are available on margin accounts with at least $2,000 invested per account. Not available for Retirement or Custodial accounts. Margin rates may vary.