M1 finance

[Texas Proud]

So, was clicking through some links that have been provided in threads and saw on that said M1 Finance was the best brokerage...


Does anybody use this broker?


What is the interest rate paid on idle cash? Not what you can get if you move it to their MM account, but there sweep account.


They seem to have a good promotion going on...

 

[Al18]

Never heard of them.


I think you are confusing advertising for ratings from a respected source.

 

[2017ish]

Here is a decent discussion at bogleheads in September (there are others as well): https://www.bogleheads.org/forum/viewtopic.php?t=412053

 

[Texas Proud]

Never heard of them.


I think you are confusing advertising for ratings from a respected source.

It was connected to the article about the 3X portfolio... I now see it is a blog so probably biased...


But the other 4 were Fidelity, Schwab, Vanguard and Interactive brokers which seem to be in most lists of best brokers..


They do seem to be real and have a good cash back offer... wonder if I can use it to get cash back from Fidelity?