An M1 Margin Loan gives you a flexible line of credit backed by the securities you already own in your M1 Individual Brokerage Account, Joint Brokerage Account, and/or Trust Account at one of the lowest interest rates in the market. Think of it as a type of secured loan.
You can take an M1 Margin Loan of up to 40% of your portfolio value at 8.75% interest rate, or 7.25% if you are an M1 Plus member*.
*Rates may vary
**M1 Plus is an annual membership that confers benefits for products and services offered by M1 Finance LLC and M1 Checking LLC, each a separate, affiliated, and wholly-owned operating subsidiary of M1 Holdings Inc. “M1” refers to M1 Holdings Inc., and its affiliates.
All investing involves risk, including the risk of losing the money you invest. Borrowing on margin can add to these risks, and you should review the M1 Margin Loan account risk disclosures before borrowing. M1 Margin Loan available on margin accounts with at least $2,000 invested. Not available for all account types including M1 Traditional IRA, M1 Roth IRA, M1 SEP IRA, M1 Custodial, and some M1 Trust Accounts. Margin Loan rates subject to change.