We’re excited to have you join our community! Please follow the steps below to open an account.
- Submit an application.
- You’ll receive an email within one business day either confirming your application’s been approved or asking for a little bit more information.
- If we request a document to verify your identity, we’ll include instructions for uploading your documents securely. Please gives us five to seven days to review the materials and open your account.
To open an M1 Invest Account you must have the following qualifications:
- US citizen or permanent resident (Green Card holder)
- Over the age of 18
- Current US residential address
- US phone number
Due to security concerns, we do not allow VOIP phone numbers to be used for account verification. Carriers such as Republic Wireless fall under this category.
If you have any further questions, please contact us.
M1 Invest Accounts that M1 supports
Every M1 client must first open an Individual Brokerage account before opening any subsequent account. M1 supports the following account types:
- Individual Brokerage Accounts
- Joint Brokerage Accounts
- IRAs (Traditional, Roth, SEP)
- Trust Accounts
- Custodial Accounts (M1 Plus users only. Learn more and enroll.)
- Crypto Accounts
*At this time, Joint Brokerage Accounts can only be hosted under one login. In order to view or make any changes to this portfolio, you will need to use the login that has the Joint Brokerage Account
Learn more about the types of accounts M1 supports.
Can I open multiple M1 Invest Accounts under the same login?
You can open up to 5 Invest Accounts under your login.
Each client is eligible to open only one M1 Individual Brokerage, Joint Brokerage, Roth IRA, Traditional IRA, and SEP IRA per M1 login.
Multiple Custodial Accounts and Trust Accounts may be opened as long as each account is created for a different beneficiary. The same person can not be the beneficiary for multiple Custodial Accounts or multiple Trust Accounts.
While you cannot open multiple accounts for every account type, you can add multiple Pies to any of your existing accounts. Please see this Help Center article to learn how to add an additional Pie to your account.
Please note: You will gain access to opening an additional Invest Account after you open your first Individual Brokerage Account. This can take up to 24 hours to process.
Why does my account need manual verification?
Some new accounts are ‘rejected’ because they require additional documentation for verification. When you sign up, we attempt to automatically verify your identity, but at times are unable to do so with public data sources. Clients are often ‘rejected’ because of a security freeze, a typo with their biographic information, or they are between the age of 18-23 and do not have a credit history.
To finish opening your account please contact us.
Why do I need to disclose my personal information?
As a regulated broker-dealer, M1 Finance LLC (“M1,” “we,” “us”) is required to review applications for any number of mandated pieces of information, including those related to Know Your Customer and Customer Identification Program requirements. These regulations are in place to help prevent money laundering and the financing of terrorist activities.