Create individual/ manual orders

In addition to auto-investing, M1 clients have the flexibility to make individual buy and sell orders on any Slice in their portfolio. 

To place an order on Web:

  1. Click the desired Pie, or Slice of Pie you’re looking to place the order for
  2. Choose either “Buy" or "Sell”
  3. Input your order details and confirm

To place an order on Mobile:

  1. Tap the desired Pie, or Slice of Pie you’re looking to place the order for
  2. Tap “Manage Slice”
  3. Choose either “Buy” or “Sell”
  4. Input your order details and confirm

 

Buy orders 

When a buy order is placed, M1 will purchase the specified dollar amount of the selected Slice. 

To place a buy order, you must have available cash in your account. M1 will not withdraw money from your bank account to complete a trade.  

Available cash includes: 

  • Cash 
  • Sell orders 
  • Incoming deposits 

If the available cash is less than the buy order(s), M1 will prorate the requested buy(s). 

Example: Jenny places a $100 buy order for Stock A. Jenny (if she has the funds available) will purchase $100 of Stock A during the next trade window. 

 

 

Sell orders 

When a sell order is placed, M1 will sell the specified dollar amount of the selected Slice.  

Money from a sell order can be: 

  • Used to place a buy order 
  • Held as cash 
  • Re-invested in your portfolio  

This depends on your Cash Balance Control settings. 

Example: Jenny places a $100 sell order for Stock B. Jenny (if the Slice has enough value) will sell $100 of Stock B during the next trade window. 

 

 

Can I rebalance my portfolio and make buy/sell orders at the same time? 

No, you can’t make individual buy/sell orders and rebalance requests during the same trade window. 

 

 

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M1 disclosures here.

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