E*TRADE
M1 Finance
VS
Higher Rated
E*TRADE
Capital at risk · T&Cs apply
Choosing between E*TRADE and M1 Finance depends on your trading style, preferred markets, and budget. E*TRADE is headquartered in Arlington, USA, while M1 Finance operates from Chicago, USA. E*TRADE has the longer track record, established in 1982, compared to M1 Finance which was founded in 2015. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
E*TRADE
M1 Finance
E*TRADE is the better choice overall, scoring 3.6/5 vs 3.2/5 on BrokerRank's independent rating. On fees, E*TRADE offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
E*TRADE
3.6 vs 3.2
Lowest Fees
Tied
0 vs 0 pips
Regulation
E*TRADE
2 vs 1 licences
Min. Deposit
E*TRADE
$0 vs $100
E*TRADE
WinnerM1 Finance
E*TRADE
M1 Finance
E*TRADE holds licences from SEC, CFTC. M1 Finance is regulated by SEC.
Both brokers offer access to Stocks, Indices markets. E*TRADE additionally covers Commodities.
E*TRADE supports Proprietary Web, Proprietary Mobile. M1 Finance offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
E*TRADE requires no minimum deposit, while M1 Finance sets a minimum deposit of $100. This makes E*TRADE accessible to traders with any budget.
BrokerRank scores E*TRADE at 3.60/5 and M1 Finance at 3.20/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. E*TRADE leads overall with a clear advantage.
E*TRADE scores higher overall on our independent rating system. E*TRADE holds a 3.6/5 rating vs M1 Finance's 3.2/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
E*TRADE offers spreads from 0 pips, while M1 Finance starts at 0 pips. Check the fees section above for a full breakdown.
E*TRADE requires a minimum deposit of $0. M1 Finance requires $100.
E*TRADE is regulated by SEC, CFTC, while M1 Finance holds licences from SEC.
E*TRADE supports Proprietary Web, Proprietary Mobile. M1 Finance supports Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.