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Robinhood is offering new users 1 free stock worth between $3 and $225 when you open an account and fund it with any amount of money.
Written by Cari Scribner on January 2, 2021
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Is M1 Finance Available In Canada Or Europe/UK?

M1 Finance is a commission-free investing platform that lets you choose from more than 6,000 stocks and funds to create your own custom portfolio. You can build portfolios containing low-cost ETFs or individual stocks, or both.

If you are new to investing and aren’t sure how to start, M1 gives you the option to select from over 30 pre-made portfolios. These were designed to help you invest passively. This will help you meet your financial goals and investment objectives.

After you create your portfolio, M1 utilizes its proprietary trading system to automate all of your trading activity. This means that you will never have to input or execute any trades manually.

Most M1 members use the auto-invest feature. With auto-invest on, any time your cash balance meets or exceeds $25, M1 will automatically invest your cash into your portfolio.

It’s clear M1 Finance has many outstanding features, but it lacks one crucial component: it is not available to investors outside the U.S. So, if you are shopping around for alternatives, either worldwide or in Canada, here are two suggestions.

eToro For Europe/UK Citizens

eToro is an Israeli social trading and multi-asset brokerage company. It provides financial and copy trading services to investors across Europe and the UK. It is free to join and does not charge any account management fees.

etoro

On eToro, you can invest in stocks and cryptocurrencies, as well as trading CFD assets.

eToro has international offices in Cyprus, Israel, the United Kingdom, the United States, and Australia. In 2018, the company's value was $800 million. It has millions of clients from more than 140 countries around the globe.

Questrade For Canadian Citizens

Questrade is an online brokerage firm and wealth management firm that is Canada's largest discount broker. It’s only available to Canadian citizens, not to US or global traders. With Questrade you can trade stocks, options, bonds, exchange-traded funds (ETFs), and mutual funds.

Along with access to Canadian stock markets, Questrade clients can also trade all US-based securities on the NASDAQ, NYSE, and others. With two great trading platforms and no annual account fees, the platform has a solid following.

questrade

Conclusion

Although M1 Finance is a good investing platform, it is not available to traders who live outside the US, and we hope they open this up at some time in the future.

However, eToro, with its social community of investors learning from one another, is a solid investing platform for international traders from Europe or UK.

Questrade, which offers several tiers of membership, is a highly-rated online broker for Canadian citizens.

is m1 finance available in canada or europe
Article written by Cari Scribner
Cari Scribner is a career journalist with 20 year’s experience writing for newspapers and magazines. Now a freelance writer, she is also a published fiction writer with more than 15 short stories in literary mags. She recently completed a novel that is on the desk for consideration at two publishing houses. She lives with her two small dogs, Miloh and Lucy, in Upstate NY.

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Power Your Investing

Choosing the right product and service is essential for your investing. Here are some of the tools and services to help your portfolio grow.
Robinhood
Robinhood provides an easy-to-use free trading platform for beginner investors. Robinhood has $0 account minimums. Get a free stock when you open an account below.
Try Robinhood
M1 Finance
M1 Finance offers a free investing platform where users can build portfolios of stocks and ETFs. Users can also choose from a variety of pre-built portfolios offered for free.
Try M1 Finance
Fundrise
Passively invest in private real estate deals with as little as $500. Fundrise allows you to own residential and commercial real estate across the U.S. starting at a 1% annual fee.
Try Fundrise
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