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Written by Ben Scribner on September 5, 2023
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M1 Finance Free Stock 2023: Earn Up To $500 Opening A Brokerage Account!

M1 Finance is one of the most popular commission free stock trading apps available today.

While they now offer an array of financial products ranging from a credit card to low cost borrowing, they are most well known for their investing accounts.

You might be wondering, however, if M1 Finance offers a free bonus promotion for new users.

A lot of brokerages out there offer new users free stocks for example.

While M1 Finance doesn't hand out free shares, they do have a bonus promotion. 

Best Free Stock Promotions

Robinhood LogoGet 1 Free Fractional Share Worth $5 To $200Download
Webull LogoGet Up To 12 Free Fractional SharesDownload
Moomoo LogoGet 5 Free Stocks When You Deposit $100+Download
Acorns LogoGet A $20 Bonus When You Invest $5+Download

M1 Finance $75 To $500 New Account Bonus

First of all, this promotion runs until 12/31/23, so you may want to act soon before you forget!

All users who open a new account with M1 Finance here are eligible for a bonus depending how much they deposit into their new M1 Invest account.

If you make a deposit within the first two weeks of opening the account, you will get the following bonus (based on the deposit amount):

  • Deposit $10,000 to $29,999 and get a $75 Bonus
  • Deposit $30,000 to $49,999 and get a $150 Bonus 
  • Deposit $50,000 to $99,999 and get a $250 Bonus
  • Deposit $100,000+ and get a $500 Bonus

You don't have to make the deposit all at once. It simply has to happen within the first two weeks, even if you do multiple deposits.

Your bonus will be deposited directly into your M1 Finance account.

M1 Finance Transfer Bonus

In addition, M1 Finance offers an additional bonus offer for those who transfer over an existing brokerage account or IRA.

You can learn more about transferring an account to M1 Finance here!

This promotion runs until 11/15/23, so you may want to act soon before you forget!

Based on the size of the account you transfer, you can potentially earn up to $15,000 as a bonus - paid out on August 15th 2024. 

Here are the bonuses, based on the transferred account value:

  • Transfer $100,000 to $249,999 and get a $250 Bonus
  • Transfer $250,000 to $499,999 and get a $1,000 Bonus
  • Transfer $500,000 to $999,999 and get a $2,000 Bonus
  • Transfer $1,000,000 to $1,999,999 and get a $4,000 Bonus
  • Transfer $2,000,000 to $4,999,999 and get a $10,000 Bonus
  • Transfer $5,000,000+ and get a $15,000 Bonus

Your bonus will come as a deposit to your M1 Brokerage Account.

If you are looking for other promotions, check out our list of the best free stock promotions here, updated monthly!

Article written by Ben Scribner

Read more

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 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
Passively invest in private real estate deals with as little as $10. 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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Get 1 Free Stock Worth Up To $200 From Robinhood!

Don't Miss This Opportunity!

Investing Simple readers can claim a free stock from Robinhood worth up to $200 when they open a brokerage account and deposit any amount.

For US Residents only. Investing Simple is affiliated with Robinhood, and we may earn a commission when you sign up for Robinhood.

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