How do I sign up for M1 Borrow?

All M1 Brokerage Accounts come with a margin feature by default. 

When your portfolio surpasses $2,000 in invested equity, you are given access to a line of credit. You do not need to use the full line of credit available and will only be charged interest for the amount used.   

When requesting to borrow money, you will be able to choose whether you would like to keep that money in M1 or transfer it to your bank account.  

You can initiate a one-time transfer of borrowed funds to your:  

  • External bank  
  • M1 Invest account  
  • M1 Spend account  

Here’s how it works:  

1. Under the Borrow tab, select the "Borrow" button


2. Input the amount you want to Borrow and where you want to send the Borrowed funds. Select "continue."  


3. Review your transfer details. If everything is accurate, select "confirm." This will create your transfer.  

4. You can view your pending and previous transfers under the Transfers tab. You can view your Borrow details via the Borrow tab.  

You cannot initiate a recurring transfer schedule from Borrow.  

If you have further questions, please contact us.


All investing involves risk, including the risk of losing the money you invest. Borrowing on margin can add to these risks, and you should learn more before borrowing. M1 Borrow available on margin accounts with at least $2,000 invested. Not available for all account types including retirement, custodial and some trust accounts.  Margin rates subject to change. 

All examples above are for informational purposes and should not be considered an offer to buy or sell certain securities. M1 does not provide investment advice. 

Was this article helpful?
0 out of 0 found this helpful

Still need help?

We're here for you.

Contact us