We may impose a penalty if you withdraw principal from your account before the maturity date. Dividends are paid on the last day of each quarter. Share certificate maturity dates vary as do minimum balance requirements. Our share certificates provide an excellent investment opportunity with an exciting advantage – the opportunity to lock in a higher dividend rate than a traditional Share Savings Account. For complete list of fees, visit M1 Fee Schedule.Modesto’s First FCU offers a variety of share certificates to suit your financial needs. Other fees may apply such as regulatory, M1 Plus membership, account closures and ADR fees. Brokerage products and services are offered by M1 Finance LLC, an SEC registered broker-dealer, Member FINRA / SIPC.Ĭommission-free trading of stocks and ETFs refers to $0 commissions charged by M1 Finance LLC for self-directed brokerage accounts. Nothing in this informational site is an offer, solicitation of an offer, or advice to buy or sell any security and you are encouraged to consult your personal investment, legal, or tax advisors.īrokerage products and services are not FDIC insured, no bank guarantee, and may lose value. Using M1 Borrow’s margin account can add to these risks, and you should review our margin account risk disclosure before borrowing. Past performance does not guarantee future performance. "M1" refers to M1 Holdings Inc., and its affiliates.Īll investing involves risk, including the risk of losing the money you invest. M1 Plus is a paid membership that confers benefits for products and services offered by M1 Finance LLC, M1 Spend LLC and M1 Digital LLC, each a separate, affiliated, and wholly-owned operating subsidiary of M1 Holdings Inc. "M1" refers to M1 Holdings Inc., and its wholly-owned, separate affiliates M1 Finance LLC, M1 Spend LLC, and M1 Digital LLC. M1 is a technology company offering a range of financial products and services. M1 relies on information from various sources believed to be reliable, including clients and third parties, but cannot guarantee the accuracy and completeness of that information. All agreements are available in our Agreement Library. M1 and Apex Crypto have entered into a fee rebate agreement.īy using this website, you accept our Terms of Use and Privacy Policy and acknowledge receipt of all disclosures in our Disclosure Library. Apex Crypto is assessing 1% or 100 basis points fee to all crypto transactions on purchases and sales, reflected in the execution price. M1 does not charge commission for investing in cryptocurrencies. M1 Plus feesįees subject to change without notice M1 Crypto fees *Iowa State Sales Tax may apply if fee charged to a checking account. M1 Spend fees Miscellaneous Bank Fees - M1 Spend Please note: Direct ACH deposits from or to your connected bank account are always free. Liquidating securities traded on foreign exchanges Minimum Balance fee: accounts with up to $50 & no trading/deposit activity for 90+ days.ĭRS Transfers (per DRS security transferred) Paper Tax Statement Fee (Retail Paper Only), (per 50 pages) Paper Statement Fee (Retail Paper Only), (per 50 pages) Paper Confirm Fee (Retail Paper Only) (per request) Overnight Mail – International/Canada (per request) That’s why we offer the following services for a fee: Request for paper copies You may request additional account operations from time to time. You should always check the current posted M1 Fee Schedule Account Services Fees Note: Regulatory Trading Fees are set by law and regulation and are subject to change without notice. *Fees are rounded up to the nearest penny These costs are calculated as follows:ġSEC (Securities Exchange Commission) Fee* = total price of transaction x $8.00 / 1,000,000ĢTAF (Trading Activity Fee) Fee* = shares sold x 0.000145 with a maximum of $7.27 For example, if you sell ten shares of Apple stock at $150 per share, you would pay a total of 2 cents in regulatory expenses - 1 cent in SEC 1 fees and 1 cent in TAF 2 fees. These occur when users sell a stock or ETF, and often cost only a few pennies. Regulatory expenses are mandated fees passed on to the consumer. Fee information for a specific ADR may be obtained from that ADR’s custodial bank. Please note when trading American Depository Receipts (ADR), fees may apply and are charged to you as the holder of the ADR.
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