Webull vs Robinhood vs M1 Finance
A simple comparison between Webull, Robinhood and M1 Finance to determine what features to look for.
Table with a list of features.
Webull | Robinhood | M1 Finance | |
Category | Brokerage | Brokerage | hybrid |
Minimum Balance | $0 | $0 | $100 |
Trading commission Fees | $0 | $0 | $0 |
Account Types | IRA, Taxable | Individual taxable | Trusts, IRA, Taxable |
Type of Assets | ETFs, Stocks, Options | ETFs, Stocks, Options, ADRs, Crypto | ETFs, Stocks, options |
Fractional Shares | YES | Yes | Yes |
Dividend Reinvestment AKA DRIP | No | Yes | YEs |
Incentive For Sign UP | Free Stock | Free stock | No and Conditional |
Minimization for Tax | No | No | Yes |
Prebuild Portfolio | No | No | Yes |
Simulator for Trading | Yes | No | No |
Share Lending | Yes | No | No |
Automatic Rebalancing | No | No | Yes |
Initial Public Offering Aka IPO Investing | Yes | Yes | No |
Intended For | Active Traders, No Drip, Long term | Active Traders, Dividend Investors, Long term | Beginners, Dividend Investors, Long term |