M1 Finance
Rakuten Trade
VS
Higher Rated
M1 Finance
Capital at risk · T&Cs apply
Compare M1 Finance and Rakuten Trade side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
M1 Finance
Rakuten Trade
| M1 Finance | Rakuten Trade | |
|---|---|---|
| BrokerRank Score | 3.2/5 ✓ | 2.9/5 |
| Min. Deposit | $100 | $0 ✓ |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:2 | 1:5 ✓ |
| Regulation | SEC | SC |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
M1 Finance is the better choice overall, scoring 3.2/5 vs 2.9/5 on BrokerRank's independent rating. On fees, M1 Finance offers lower spreads (0 pips).
See full side-by-side comparison belowM1 Finance
WinnerRakuten Trade
M1 Finance
Lower feesRakuten Trade
M1 Finance scores 3.20/5 while Rakuten Trade scores 2.93/5 in our independent rating.
M1 Finance edges ahead overall, but Rakuten Trade may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.
M1 Finance
3.2/5
Choose M1 Finance if you want…
Rakuten Trade
2.9/5
Choose Rakuten Trade if you want…
M1 Finance scores higher overall on our independent rating system. M1 Finance holds a 3.2/5 rating vs Rakuten Trade's 2.9/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
M1 Finance offers spreads from 0 pips, while Rakuten Trade starts at 0 pips. Check the fees section above for a full breakdown.
M1 Finance requires a minimum deposit of $100. Rakuten Trade requires $0.
M1 Finance is regulated by SEC, while Rakuten Trade holds licences from SC.
M1 Finance supports Proprietary Web, Proprietary Mobile. Rakuten Trade 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.