The minimum order size for each stock is $1.00.
This reduces costs and keep fractional investing affordable.
If a buy order or an auto-invest setting attempts to place an order under $1.00 for a stock, the order will not be executed, and the cash will remain in your Invest account.
You may see a screen like this as a result:
How to avoid excluded buys
Excluded buys are buys that don’t meet the $1.00 minimum. Make sure all buy orders for Slices in your portfolio are over $1.00.
Any buy order for a holding in your portfolio that is over $1.00 will be executed so long as the cash is available in your account. Learn more about how to submit a buy order.
Learn more about minimum balance requirements.
If you choose to transfer your account to another broker-dealer, only the full shares are guaranteed to transfer. Fractional shares will be liquidated and transferred as cash following the outgoing transfer.
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.
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