Updated March 28, 2024

M1 Finance Promo Code – Get a $30 Bonus When You Sign Up


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If you’re thinking about signing up for M1 Finance, use this bonus link to get an extra $30 for your new account. No M1 Finance promo code needed!

This M1 Finance referral link is a great offer for both experienced investors and those who want to start investing now. It gives new users $30 to use in your account once you’ve funded it with at least $100 within 30 days of opening and left the minimum amount needed in the account for 30 days.

What Is M1 Finance?

M1 Finance is an extremely flexible investment platform and one of our top investment apps for 2024. It’s one of the few investing applications that’s completely free to use, and all accounts have SIPC protection for up to $500,000.

The extra $30 from this M1 Finance bonus link will help you get started with the application. Since there’s only a low minimum of $100 to take advantage of this offer, you can begin by investing relatively small amounts until you feel more comfortable with M1 Finance and your approach to investment.

Using the Application

The M1 Finance app uses a pie chart to display your investments at a glance. Different sections grow or shrink depending on their performance, giving a visual indication of changes in your stocks.

Professionally designed pies are available for every industry and investment strategy. You’ll be able to find a pie that works for your needs and quickly adjust it at any time. You even have the option of creating a custom portfolio by combining your own strategies with expert pies.

M1 Finance also allows you to invest in partial shares, making it easier to diversify your portfolio. With partial shares, you’ll always be investing every cent in your account. Mobile applications are available on both iOS and Android, and you can also access your account on the M1 website.

M1 Finance Benefits

M1 Finance provides a number of helpful features and has a unique revenue model compared to many of its competitors. In addition to free investing, you’ll have access to a free consultation to help develop your investment plan.

The application also integrates with tax tools like H&R Block and TurboTax to streamline the financial reporting process. It’s easy to see why M1 is one of the most popular investment applications and a top recommendation for new investors.


M1 Finance offers more than 60 preset investment portfolios, but you can also build your own using stocks and more than 2,000 ETFs. The automated investing tools are incredibly effective, especially considering they’re free to use.


Unlike some of its competitors, M1 doesn’t charge any trading commissions. You can invest on the platform without paying any additional fees, although there is a premium membership available for $125 per year.

If you’re interested in investing, use our M1 Finance promo code bonus link for an $30 in free trades when you sign up and invest your first $1,000.

M1 Finance Referral: Investing Tips

You might think you need a lot of extra cash to start investing, but you can make money in the stock market with smaller amounts. Even contributing as little as $1 per day will add up to major profits over time. This table illustrates how much you can earn with low daily contributions and an average return:

Daily Investment
Amount in 30 Years at 7% Rate of Return
$10 $373,660.49

Contribute What You Can

As with anything in personal finance, the most important step in investing is simply getting started. Don’t wait until you have thousands in the bank to invest — instead, contribute what you can each month and watch it add up over time.

M1 Finance doesn’t require a minimum balance, so you can add as much or as little as you want. (However, to take advantage of our bonus link, you’ll need to invest $100 into an individual account or $500 into a retirement account within 30 days and leave it in your account for 30 days.

You’ll also be able to set up automatically recurring deposits to streamline the investing process.

Create Defined Goals

Anyone can make money investing, but you need a clear set of goals to inform your decisions and help you achieve sustained success. If you want to invest $1,000 this year, for example, use that target to determine how much you need to contribute each month.

You should also ask yourself how much risk you can tolerate in your investments. Greater risks sometimes lead to greater rewards, but you might prefer a safer pie with more modest growth.

Give Yourself Time

We all want our stocks to double overnight, but you’re more likely to achieve the results you want by thinking long-term rather than expecting immediate returns. It’s usually better to diversify and avoid a major loss than to put all your money in a trending company.

If you’re new to investing, consider starting with a preset pie based on expert advice. Don’t make the mistake of thinking you’ll be able to pick stocks better than the average investor.

How Does M1 Finance Make Money?

Most investment applications make money by charging trading fees, but M1 Finance uses a different model that allows it to provide free investing tools. The company has a few sources of revenue and offers several financial services, including borrowing and debit cards.

Overnight Loans

First, M1 earns interest on the cash you invest by lending it to banks on the overnight market. Similarly, it uses debit card balances to fund short-term loans. M1 also offers personal loans at a low rate (currently 4.25%), and you can borrow money from your portfolio as collateral.

M1 Plus

Finally, M1 Finance offers a premium service called M1 Plus. Members can access a number of exclusive benefits including a wider range of trading options, a lower interest rate on loans, and 1% cash back plus 1.5% interest on debit cards.

M1 Finance generates enough revenue from these sources to provide a completely free investing application with no minimum investment. This makes it a low-risk option that’s perfect for any investor.

Sign Up for M1 Finance

M1 Finance provides the right tools for both new investors and seasoned traders, and this is the perfect time to make an account. You don’t need an M1 Finance promo code. Just sign up with our M1 Finance link to earn an extra $30 in trades.



Logan Allec, CPA

Logan is a practicing CPA and founder of Choice Tax Relief and Money Done Right. After spending nearly a decade in the corporate world helping big businesses save money, he launched his blog with the goal of helping everyday Americans earn, save, and invest more money. Learn more about Logan.

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