M1 clients can execute on-demand trades* in their Crypto Accounts.
Every day, including weekends, M1 clients will have the ability to place manual orders, rebalance, and
Auto-Invest in their Crypto Accounts. Simply place your trade and navigate to the on-demand location under your Pie to execute.
Note: There is a maintenance period every day from 5:25 – 6:10 ET where trading will be blocked. Once the maintenance period concludes, on-demand trading access will resume in your account.
All orders are executed at the market price and will remain pending until the order is filled.
Crypto Accounts will trade 7 days a week using the normal trade window times. Like other M1 Invest Accounts, AM trade windows begin around 9:30am ET and PM trade windows begin around 3:00pm ET.
The window will conclude once all orders are filled.
Rejected orders will display within the app with an explanation as to why the order failed.
Please try again or contact our Client Success team if you have further questions.
M1’s Research page contains a list of all currently available crypto coins to be added to Pies. Coins may be added or removed at any time.
Like stocks and ETFs, M1 assesses each coin’s market cap and average daily trading volume before listing on the platform.
Your Crypto Account will invest money the same way your Invest accounts buy stocks or ETFs.
M1’s algorithm aims to keep your portfolio balanced, based on the percentages that you allocate, so you don’t have to. Money is first divested from overweight securities and is first invested in underweight securities. That way, your securities grow closer to your ideal target percentage.
You can also create manual buy/sell orders for specific coins.
Please see your articles on how your money is invested for more information.
Buying power is calculated based on pending deposits, settled cash, and any pending orders within the account.
When you deposit more than $5,000 at a time, your buying power will become available over a two-day period.
On the day you deposit, M1 will allow 40% of the deposit to be used for trading. One business day later, the remaining deposit amount will be available in your cash balance for new orders.
For example, when depositing $7,000, $2,800 will be available to trade on that day. The following business day, you will have the ability to trade on the additional $4,200.
Please note: Buying power will not increment over the weekend so cash must be available/settled prior to submitting new orders.
M1 buys coins in these situations:
The cash balance in your account is above the set cash control threshold
A rebalance is initiated.
You can also use cash to manually buy individual coins or Slices of your Pie.
M1 sells coins in several situations:
A rebalance is initiated
There is not enough settled cash to cover a withdrawal
Removing a coin from your portfolio
You can also manually sell individual coins or slices of your Pie.
Please see our article on when buys/sells are triggered for more information.
All orders submitted to M1 are market orders. You will receive the market price at the time of execution during M1’s trade window.
Please see our article on what price trades execute at for more information.
The minimum order size for each coin is $1.00.
This reduces costs and helps keep fractional investing affordable.
If a manual buy order or an auto-invest setting attempts to place an order under $1.00 for a coin, the order will not be executed, and the cash will remain in your account.
Buy and sell orders placed for execution during a single trade window for a specific coin will be netted. A single order (buy or sell) will be entered if an imbalance between the buy and sell order exists.
Your Crypto Account is a cash account and does not have Margin Loan capabilities. Cash must be deposited into your Crypto Account in order to purchase crypto.
However, Margin Loan funds from your taxable account can be transferred to your Crypto Account.
*On-demand trading is limited to 10 on-demand trades per calendar month. 24/7 availability is subject to scheduled maintenance.
Investing in cryptocurrency comes with significant risk and may not be suitable for everyone. Based on your specific situation and financial condition, carefully consider whether investing in cryptocurrencies is suitable for you. For relevant disclosures and risks, visit Crypto Disclosures.
Crypto services, execution, and custody are provided by Bakkt Crypto Solutions LLC (NMLS ID 1828849) through a software licensing agreement with M1 Digital LLC. Bakkt Crypto Solutions LLC and M1 Digital LLC are not registered broker-dealers or FINRA members and your crypto holdings are not securities and are not FDIC or SIPC insured.
M1 Digital LLC is a wholly separate affiliate of M1 Finance LLC, and neither are involved with the execution or custody of cryptocurrencies.
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