I used M1 Borrow to fund my startup business. Its flexibility, convenience, speed and ultra-low interest rate (especially for M1 Plus members) are hard to beat.
– Adam T.
Testimonials may not be representative of the experience of other customers. Not a guarantee of future performance or success.
YOUR MONEY, WHEN YOU NEED IT
Use margin to access a portfolio line of credit and borrow up to 35% of your portfolio’s value, with rates as low as 2%.
M1 Borrow available on margin accounts with a balance of at least $5,000. Not available for retirement and custodial accounts. Rates may vary.
NO APPLICATION
NO PAYMENT SCHEDULE
3 CLICKS TO BORROW
BORROW FOR WHATEVER YOU NEED
You don’t have to choose between investing in your future and paying for your present. Keep your portfolio on track while you tap into M1 Borrow for things like:
- Paying down a HELOC or home equity loan
- Eliminating high-interest student loans, credit card debt, or auto loans
- Paying for large expenses like your dream wedding, your child’s tuition payments, or your new business venture
- Adding leverage to your portfolio and increasing your potential for higher returns
- Covering unforeseen expenses in lieu of an emergency fund
The nice part about investing with M1 is I can take out a low-cost loan on my portfolio. I don’t have to drain my investments for a large expense.
– Vikram B.
Testimonials may not be representative of the experience of other customers. Not a guarantee of future performance or success.
SAVE MORE WITH M1 BORROW
Borrow money any time at 2% or 3.5%—some of the lowest margin rates on the market.
E*TRADE
FIDELITY
CHARLES SCHWAB
TD AMERITRADE
$5K
$5K
3.5%
2%
E*TRADE
8.95%
FIDELITY
8.325%
CHARLES SCHWAB
8.325%
TD AMERITRADE
9.50%
$100K
$100K
3.5%
2%
E*TRADE
7.45%
FIDELITY
6.825%
CHARLES SCHWAB
6.825%
TD AMERITRADE
7.75%
$1M
$1M
3.5%
2%
E*TRADE
5.45%
FIDELITY
4%
CHARLES SCHWAB
Call for more information
TD AMERITRADE
Call for more information
M1 rates are current as of April, 2021. Competitor rates obtained from each competitor’s website in April, 2021.
YOUR BORROW QUESTIONS, ANSWERED
Automated payback schedules, and M1 Plus Smart Transfers, can help you pay back your principal.
If your account value drops so that your equity value is below our maintenance threshold, M1 will issue a maintenance call. The maintenance threshold is normally 30% of your account value but M1 may impose additional restrictions based on risk of securities held or portfolio concentration.
When a maintenance call is issued for your account, you will either need to deposit additional cash or sell a portion of your portfolio to resolve the maintenance call.
Unlike some companies, M1 charges no management fees. There are some miscellaneous fees for some services, which you can find here.
M1 Finance gives you unmatched flexibility with how you manage your money, but here are some things to keep in mind when taking out a loan with M1 Borrow.
- The M1 Borrow base rate is variable and tracks the Federal Funds Rate. When the Federal Funds Rate goes up or down, the M1 Borrow base rate will follow.
- If your portfolio value declines, your account can trigger a maintenance call and we may need to sell a portion of your portfolio to cover the loan.
- If you use proceeds from an M1 Borrow loan to buy additional securities in your M1 Finance portfolio, the potential losses in your portfolio will be magnified. Learn more about these and other risks in our Margin Disclosure.
Glad you ask. Get the big picture here.
TOTAL CONTROL, TOTAL AUTOMATION
For your wealth today and tomorrow.
