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.
With M1 Finance, you are able to invest in a regular taxable brokerage account or a retirement account. Trading is commission free, and there are no management fees charged by M1.
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.Â
Keep reading to learn more, or check out our video below!
First of all, this promotion runs until 4/30/22, so you may want to act soon!
All new users who open a new account with M1 Finance here are eligible for a one time cash reward deposited directly to your invest account.
The value of the cash reward is based on the deposit amount over 14 days:
In order to earn the cash bonus, the total cash deposited to your new M1 Finance account over the first 14 days has to reach the amounts listed above once done, you will receive a cash bonus of $25-$250.
You are also able to transfer over an existing brokerage account, which counts towards this promotion as well.
The value of the transferred account would count towards your total.
Depending on when you sign up by, you can expect to see your bonus deposited on November 15th 2022.
If you are looking for other promotions, check out our list of the best free stock promotions here, updated monthly!