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Support Center

Cash Withdrawals


Withdrawals occur whenever money is transferred from your M1 Portfolio to your connected bank account.

Creating Transfers 

The move money button is where you’ll find the option to create different types of transfers.  

  1. Create a one-time transfer  
  2. The ‘Recurring Transfers’ option allows you to automate your transfers. Note that we created a new bi-weekly option!  
  3. Use the ‘Direct Deposit’ tab to find your M1 Spend bank account and routing number to set up paying your bills or depositing your paycheck in that account. – Note this option is only available for M1 Spend enrolled customers.  
  4. Have an account at another brokerage? Use the ‘Account Transfer’ to learn more on that process.  


You can request up to $50,000 a day to be withdrawn from the M1 platform. All withdrawal requests are initiated during the next available Trading Window. Any cash in your portfolio will be included first in your withdrawal. In addition to cash, securities will be sold, with the most overweight securities sold first.


Normal Withdrawal Timing 

Most withdrawals will be a normal withdrawal. These funds are typically received 3-5 business days following the next Trading Window. 


Settlement Period: Before any funds can be disbursed to our users, all sales must settle. Settlement occurs on T+2 (Trade Date plus two trading days). Funds take two trading days after their sale to be available for disbursement. 

Example: A withdrawal is requested on Thursday. Securities are sold on Friday and will generally settle on the following Tuesday. 

Holding Period: All new deposits to the M1 brokerage accounts require a 6 business day holding period before they can be withdrawn. After 6 business days, the transfer to your bank begins. 

Example: You deposit $500 into your account on Monday the 1st of the month. A withdrawal for $100 after this will be held until Tuesday the 9th before the transfer to your bank begins.

Anti-Money Laundering (AML) Regulations: All funds received from a banking institution can only be returned to that same bank for 60 days. For their first 60 days, funds received cannot be disbursed to a different bank then from where they were originated. If you have a specific need to bypass this restriction, please reach out to and they can help with your request. 


Additional Details

Pending Transfers

M1 only allows for a single pending transfer at a time. Until a transfer request is completed or canceled, you will be unable to create a new deposit or withdrawal. Before completion transfers can always be canceled in the funding tab. 

Trading Days

M1's trading window occurs at 9am CT every day the NYSE market is open. This is every weekday except for the NYSE holidays.


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