You can transfer most U.S.-listed stocks and ETFs to M1, as long as they trade on a major stock exchange. However, M1 does not support every security type. This article explains which securities are accepted, how unsupported assets are handled, and important steps for liquidation or management.
Securities eligible for transfer to M1
M1 performs in-kind transfers: your supported stocks or ETFs move as-is from your previous brokerage to M1.
Key eligibility details:
Supported securities: U.S.-listed stocks and ETFs trading on NYSE and NASDAQ.
Not supported: fractional shares, mutual funds, options, bonds, treasury securities, cryptocurrencies, or foreign securities.
Directly registered shares: Shares held at transfer agents (like Computershare/EQ/AST) may be transferred, but fees apply and shares must be fully supported on the M1 platform.
Only whole shares can be transferred to M1. Fractional shares must be sold at your original brokerage before initiating the transfer.
Summary table: Transfer eligibility by security type
Security Type | Individual / Joint Transfer | Other Account Type Transfer (e.g., IRAs) |
Supported U.S. stocks | Yes | Yes |
Supported U.S.-listed ETFs | Yes | Yes |
Directly registered shares (Computershare, EQ, AST)* | Yes (Apex charges $115 per directly registered holding transferred) | Yes (Apex charges $115 per directly registered holding transferred) |
Unsupported stocks/ETFs | Yes, but displayed outside Pie; may request liquidation | Yes, but displayed outside Pie; may request liquidation |
Mutual funds | No (remain at previous brokerage) | Yes (liquidated 1–2 business days after arrival)** |
Options | No (remain at previous brokerage) | No (remain at previous brokerage) |
Treasury securities | No (remain at previous brokerage) | No (remain at previous brokerage) |
Corporate bonds | No (remain at previous brokerage) | No (remain at previous brokerage) |
Cryptocurrencies | No | No |
Fractional shares | No (must be sold at previous brokerage) | No (must be sold at previous brokerage) |
* Directly registered shares: Can be transferred if the security is supported by M1. However, Apex Clearing (M1’s partner) charges a $115 fee per security for directly registered holdings.
** Mutual funds: If a mutual fund must be liquidated and the fund is a "tender fund," M1 initiates the sale on the fund’s next tender date. Tender fund: A mutual fund that only permits sales/redemptions on scheduled dates, sometimes in partial ("pro-rata") amounts.
For a comprehensive, up-to-date list of supported securities, try searching for the ticker in the M1 Research tab.
How unsupported securities are handled
Unsupported securities are displayed outside your Pie in your M1 account after transfer.
These securities do not auto-invest and are separate from your main Pie allocations.
You can choose to either hold these assets or request liquidation.
Learn more about Holdings Not in Pies.
Step-by-step: Requesting liquidation of unsupported securities
If you want to sell unsupported or received securities outside your Pie:
Log in to your M1 account.
Visit your account’s main holdings page.
Look for the section labeled Received Securities (outside Pie).
Select the security you wish to liquidate.
Choose Request Liquidation (may be labeled as “Sell” or “Liquidate”).
Confirm your selection.
The sale will take place during the next available trade window, and proceeds will be credited to your M1 account as cash.
Note: Some securities, such as tender funds or restricted stocks, may have unique liquidation timelines or restrictions. If you have questions, reach out to M1 Client Success.
Managing securities displayed outside your Pie
Holding: You are not required to sell received assets. You can keep them in your account (outside your Pie) indefinitely, if supported.
Moving to Pie: If the security later becomes supported, you can add it to your Pie through the portfolio editor.
Selling: Liquidation is optional for most unsupported securities, unless platform requirements or regulations require the sale.
Timeline expectations
Supported stocks/ETFs: Transfers typically complete in 4–7 business days.
Mutual funds (where allowed): Liquidation and cash posting may take 1–2 business days after funds arrive; "tender funds" are processed on the fund’s next eligible tender date and might only be partially sold (pro-rata) until fully liquidated.
Unsupported assets: Usually appear as “Received Securities” promptly after transfer completion.
Directly registered shares: Timeline varies depending on transfer agent, but often 7–14 business days.
Fractional shares: Must be sold at the prior brokerage before transfer; they cannot move to M1.
Fees and important notes
No fee from M1 to receive supported transfers.
Apex Clearing charges $115 per directly registered holding transferred (such as shares from Computershare/EQ/AST).
If M1 must liquidate or process unsupported securities, certain fees may apply; see M1's current fee schedule for up-to-date information.
Your outgoing broker may also charge transfer or account closure fees.
For some liquidations (esp. tender funds), only a portion may be sold during each available tender window. The process may require multiple cycles.
Frequently asked questions
What is a "tender fund"?
A tender fund is a mutual fund that only allows sales (tenders) on specific dates, and sometimes only allows partial redemptions ("pro-rata") each time. Full liquidation may require several rounds on future tender dates.
Why are some of my assets showing up as "outside my Pie"?
This happens if you transfer a security that is not in your Pie or is unsupported. You can either add supported assets to your Pie or request liquidation for unsupported ones.
Can I search for supported tickers before transferring?
Yes—search for a security using the Research tab. If you do not find it, it may not be available on M1.
Where can I see all fees?
Read All M1 fees and charges for current fee disclosures.
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.
Brokerage products and services are offered by M1 Finance LLC, Member FINRA / SIPC, and a wholly owned subsidiary of M1 Holdings, Inc.
This content was generated using artificial intelligence and is intended for informational and educational purposes only. While reasonable efforts are made to ensure accuracy, AI-generated outputs may omit key context; and should not be construed as financial, investment, legal, or tax advice. Users should independently verify all information and consult a qualified professional before making any financial decisions.
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