Updated October 13, 2026 · SumCue Editorial Team
Ajaib vs M1 Finance
Ajaib
M1 Finance
Higher score in this comparison
What sets them apart
| Compare | AjaibReviewSee alternativesSee alternatives | M1 FinanceReviewSee alternativesSee alternatives |
|---|---|---|
| Markets | Stocks, ETFs, Crypto, Bonds, FundsCovers more | Stocks, ETFs, Crypto |
| Regulators | Otoritas Jasa Keuangan (OJK) | SIPC |
| Minimum deposit | Not confirmed | $0 |
| Stock trade fee | Not confirmed | $0 |
| Investor protection | Not confirmed | SIPC up to USD 500,000 |
| Margin rate | Not confirmed | 5.9% |
| Platforms | Web, iOS, Android, Desktop, Ajaib Terminal | Not confirmed |
| Account types | Not confirmed | IRA, Roth IRA, Joint |
| Maximum retail leverage | Not confirmed | Up to 50% of portfolio value |
| Interest on cash | Not confirmed | 3.35% |
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Key differences
- Regulators: only Ajaib offers Otoritas Jasa Keuangan (OJK).
- Regulators: only M1 Finance offers SIPC.
- Markets: only Ajaib offers Bonds, Funds.
- Pricing model: only Ajaib offers Low fees.
- Pricing model: only M1 Finance offers Commission free.
Our verdict on each
Ajaib
For newcomers and active traders wanting broad choice in one place, Ajaib differs from single market brokers by combining shares, mutual funds, bonds and crypto in one supervised online app. It offers access to more than 800 shares alongside screening, alerts and automatic risk controls for everyday portfolio building.
M1 Finance
M1 Finance pairs $0 stock trades with 0% management fees, and its cash account pays 3.35% on uninvested balances. It suits US savers who want automated investing with a variable cash rate and SIPC cover, rather than paying to pick every trade themselves.
Score breakdown
| Area | Ajaib | M1 Finance |
|---|---|---|
| Cost | Not confirmed | 9.5 |
| Offer | 9.2Higher | 9.0Computed ranks of 1 on minimum deposit and 1 on stock trade fee, plus 3.35% variable interest on uninvested cash. |
| Trust | 8.6Higher | 8.5 |
How they place
| Ranking | Ajaib | M1 Finance |
|---|---|---|
| Investing | 342 of 654 | 205 of 654 |
| Stock and ETF brokers | 245 of 358 | 151 of 358 |
| Robo-advisors | 106 of 154 | 54 of 154 |
Every fact side by side
| Fact | Ajaib | M1 Finance |
|---|---|---|
| Features | Crypto, Mobile app, Fractional shares | Crypto, Fractional shares, Mobile app |
| Pricing model | Low fees | Commission free |
| Legal entity | Not confirmed | M1 FINANCE LLC |
| Headquarters | Indonesia | United States |
| Founded | Not confirmed | 2015 |
| Support channels | Help centre | Help centre |
Crypto exchanges
| Fact | Ajaib | M1 Finance |
|---|---|---|
| Taker fee | 0.222% | Not confirmed |
| Coins listed | from 500 | Not confirmed |
| Fiat deposit methods | Bank | Not confirmed |
| Maker fee | 0.111% | Not confirmed |
| Derivatives | Yes | Not confirmed |
| Exchange type | Cex | Not confirmed |
Robo-advisors
| Fact | Ajaib | M1 Finance |
|---|---|---|
| Management fee | Not confirmed | 0% |
| Minimum investment | Not confirmed | $10,000 |
| Portfolio types | Not confirmed | ETF, Cash, Crypto |
Savings
| Fact | Ajaib | M1 Finance |
|---|---|---|
| Headline rate | Not confirmed | 3.35% |
| Rate type | Not confirmed | Variable |
| Deposit protection | Not confirmed | FDIC up to USD 250,000 |
| Access terms | Not confirmed | On-demand access; daily ACH transfer limit $120,000, wire transfer for more; interest compounded and credited monthly |
| Account kind | Not confirmed | Cash management |
Where each stands against the rest
| Fact | Ajaib | M1 Finance | Median |
|---|---|---|---|
| Minimum deposit | Not confirmed | $0below the median | $23.50 |
| Stock trade fee | Not confirmed | $0at the median | $0 |
| Margin rate | Not confirmed | 5.9%below the median | 8.83% |
| Interest on cash | Not confirmed | 3.35%above the median | 2.875% |
Median across 138 listed providers.
Pros and cons
Ajaib
Pros
- Covers shares, mutual funds, bonds and crypto in one app
- Monitored by OJK and BAPPEBTI with market supervision noted
- Includes screeners, price alerts and automatic stop loss controls
Cons
- Operates online through an app and compatible devices only
- Automatic triggers execute orders without manual review at that moment
M1 Finance
Pros
- Trading is commission free: stock trades cost $0 and the management fee is 0%.
- Uninvested cash pays 3.35% on a variable rate and sits under FDIC up to USD 250,000.
- Investments are covered by SIPC up to USD 500,000 and the firm sits under SIPC with membership SIPC member 69670.
Cons
- Support runs on help centre only, so help is self service.
- Margin borrowing at 5.9% adds interest to a portfolio priced at $0 to trade.
- The referral offer quotes a $10,000 minimum investment, well above the $0 needed to open.
Who each suits
Ajaib
Who it suits
- Beginners wanting guided entry to market investing
- Investors wanting shares, funds, bonds and crypto together
- Active traders wanting screeners, alerts and risk controls
Who should look elsewhere
- People wanting offline or branch based investing
- People wanting asset types beyond shares, funds, bonds and crypto
M1 Finance
Who it suits
- US savers who want automated investing and a paying cash balance in a single app.
- People saving into ira, roth ira and joint accounts using fractional shares.
- Investors who prefer pie allocations across stocks, etfs and crypto to picking single shares.
Who should look elsewhere
- Bunq, which opens at €10 and suits euro banking rather than US investing.
- CFI, if you need forex or CFD trading, since it lists stocks, etfs and forex.
- Fiesta Credito MX, which sits under CONDUSEF rather than SIPC and answers to a different market.
Country by country
| Country | Ajaib | M1 Finance |
|---|---|---|
| Indonesia | Yes | No |
| United States | No | Yes |
Questions about each
Ajaib
What products does Ajaib cover?+
Ajaib covers shares, mutual funds, bonds, crypto assets and other global assets through one online application. The range supports long term company ownership alongside diversified fund and bond positions. Mutual funds and bonds add options beyond direct share ownership.
Is Ajaib supervised?+
Ajaib holds permission and supervision from OJK and BAPPEBTI. Market supervision also applies to trading activity on the platform. This framework supports orderly and secure transactions for people who hold accounts and place orders online.
M1 Finance
What does M1 Finance charge to trade?+
Stock trades cost $0 and the management fee is 0%, the only pricing stated under commission free trading. Borrowing against the portfolio is charged at 5.9%, so the trade fee does not cover the interest on a loan.
How much interest does cash left in the account earn?+
The high yield cash account pays 3.35% on a variable basis, so the rate moves with the policy rate. The account is classed as cash management and FDIC up to USD 250,000 applies to that cash balance. Interest compounds and is credited monthly.
Other options to compare
Ajaib
M1 Finance