When am I eligible to use M1 Borrow?

Any M1 client who has $2,000 or more invested in a taxable brokerage account is eligible for Borrow. The portfolio line of credit is automatically available to you the next business day after you meet the eligibility requirements and there is no application process or paperwork needed. All M1 Brokerage accounts come with a margin feature by default. IRA and Custodial are not eligible for Borrow.  Trust accounts without a Margin and Short Agreement are not eligible for Borrow.  

M1 allows you to borrow up to 40% of the total value of your investments held in an M1 Invest margin account with at least $2,000 in equity.  Some securities (like leveraged ETFs or highly volatile stocks) have higher margin requirements and may reduce how much credit is available to you. 

Learn how to find maintenance requirements for positions on M1.

For example, if you had $50,000 portfolio completely invested in triple leveraged ETFs with a 75% initial margin requirement, your available credit would be calculated as follows: 

M1 Finance Borrow example

Learn how to sign up for M1 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.


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