M1 gives you 3 business days to meet a maintenance margin call requirement. If you do not bring back the equity of your Individual/Joint Brokerage or Trust Account that the Margin Loan is from to the minimum maintenance requirement within this time, M1 may be forced to liquidate your securities to meet the maintenance call. Additionally, if it is determined that your positions pose excessive risk, M1 may sell securities before then.
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 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.