Why was my Borrow request denied?

To be eligible to use M1 Borrow, you must have a taxable M1 brokerage account with an invested account balance of $2,000 or more. IRA, custodial, and trust accounts* do not qualify. 

 Your Borrow request may also be denied if:  

  • Your portfolio is not diversified. For example, your entire portfolio is invested in a single stock.  
  • You request to borrow above 40% of your invested portfolio value.  
  • You have already borrowed the maximum amount.  

M1 will not allow withdrawals that make your borrowed amount greater than 40% of your account value. M1 will require you to pay back some of your debt before your withdrawal request can be completed. 

*Trust accounts are eligible for Borrow if you sign the Margin and Short Agreement when opening an M1 Finance Trust account. 

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. 

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