Money Withdrawal from M1 Finance Account
M1 Finance offers a couple different cash withdrawal methods to suit the different needs of its customers. The primary withdrawal methods are ACH and wire transfers and both are easy to use. However, M1’s unique stock liquidation structure means there might be some additional steps to take to prepare your account for withdrawals.
Keep reading to learn how it works.
M1 Finance Withdrawal Fee
Withdrawing money from M1 Finance by ACH is free of charge. Using a wire transfer comes with a $25
fee.
Withdrawal Methods at M1 Finance
The easiest way to withdraw funds from M1 Finance is by using Automated Clearing House (ACH) transfers. These types of transfers are fast and easy, making them the most convenient way to get money out of your brokerage account.
Despite their convenience, there are some limitations with ACH transfers. Because of that, M1 finance also provides traders with a wire transfer options for withdrawals.
Both withdrawal methods are easy to setup and use, but each method comes with its own set of pros and cons. The best choice for you will depend on your individual needs and expectations.
Here are the details for each type:
M1 Finance ACH Withdrawals
Setting up an ACH transfer is simple. From the ‘Move Money’ page, select ‘One-Time Cash transfer’ and
follow the steps provided.
The transfer tool allows you to move money between all your connected
accounts. So for a withdrawal, you need to select your bank account as the ‘transfer to’ account.
If you don’t see your bank account listed, it means you have not set up a link to your bank account. To connect a bank account, navigate to the ‘Invest’ tab, and select the ‘Connect Bank’ option to get the process started.
M1 Finance ACH Withdrawal Limits
ACH transfers have a $50,000 daily withdrawal limit from your brokerage account, while M1 Save accounts
limit is $50,000. If you need to withdraw more, consider wire transfers which have no limits.
M1 Finance Wire Withdrawals
When it comes to M1’s wire transfers, one of the most common questions is, “Where can M1 Finance’s wire transfer option be found?” The wire transfer request form is oddly not present on any of the platforms menus. However, the link for it can be found buried in the FAQ section.
Filling in the wire transfer request form gets the process started, but the support team must review your request and make sure that your funds are settled within your account and ready for withdrawal.
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M1 Finance Wire Transfer Limits
To avoid any potential delays or complications, there are a few important details and rules to know about before getting started with M1’s wire transfer process.
Funds acquired from selling securities can only be withdrawn after a settlement period of one trading day (T+1).
New deposits to M1 Invest are subject to a holding period of 6 business days before they can be withdrawn.
For the first 60 days, due to Anti-Money Laundering regulations, funds can only be returned to their original bank.
International wires are not supported. If you're an international customer, consider using a banking app (like Wise) which provides a US routing number.
If you intend to wire funds to an account that is not actively connected with M1, you must submit a letter of intent, even if the account is yours.
Lastly, to have your wire transfer processed on the same day, submit your request by 12pm CST.
M1 Finance Transfer Fees
The fees for withdrawals at M1 depend on the type of transfer you use. For ACH transfers, you won’t pay anything. For wire transfers, there is a $25 fee.
M1 Finance Transfer Timelines
For ACH Withdrawals, you can expect to see your funds land in your bank account in approximately five business days. For wire transfers, it only takes about two days from when the broker initiates the process.
Updated on 8/30/2025.
I work in investment analytics and have been investing in the market since I was in high school. I enjoy anything that involves lots of strategy (i.e. a good game of chess), which is why I was naturally drawn to investing and researching companies. Outside of investing, I’m a big fan of the outdoors. In summer, you’re most likely to find me kayaking, camping, and hiking in the mountains.
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