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.

WebullRobinhoodM1 Finance
Minimum Balance$0$0$100
Trading commission Fees$0$0$0
Account TypesIRA, Taxable Individual taxableTrusts, IRA, Taxable
Type of AssetsETFs, Stocks, OptionsETFs, Stocks, Options, ADRs, CryptoETFs, Stocks, options
Fractional SharesYESYesYes
Dividend Reinvestment AKA DRIPNoYesYEs
Incentive For Sign UPFree Stock Free stockNo and Conditional
Minimization for TaxNoNoYes
Prebuild PortfolioNoNoYes
Simulator for TradingYesNoNo
Share LendingYesNoNo
Automatic RebalancingNoNoYes
Initial Public Offering Aka IPO InvestingYesYesNo
Intended For Active Traders, No Drip, Long term Active Traders, Dividend Investors, Long term Beginners, Dividend Investors, Long term

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