Qualifications:
US Citizens and Permanent US Residents (Green Card Holders) over the age of 18 with a current US mailing address can apply to open an M1 Account.
Options:
You can open both an IRA and a general investing account.
Timing:
During normal business hours, your account should be opened almost immediately. Overnight or on the weekends, your account will be opened by the next business day. At times, some accounts are flagged for further review. Those accounts can take up to five business days to open.
Personal Information Disclosed:
FINRA and various federal regulations require us to know our customers, to verify identities to prevent money laundering and the funding of terrorist activities.
Demonstration:
https://support.m1finance.com/hc/en-us/articles/360001313128-M1-Finance-Opening-an-Account
