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Our top alternative brokers to Ally Invest
E*TRADE
4.9
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Charles Schwab
4.8
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Our top alternative brokers to Ally Invest
E*TRADE
4.9
Open account
Charles Schwab
4.8
Open account
Ally Invest Alternatives

The best alternatives to Ally Invest are

  1. E*TRADE - US stockbroker
  2. Charles Schwab - US discount broker
  3. TD Ameritrade - US-based stockbroker
  4. Interactive Brokers - US discount broker

Let's see in a bit more detail how the Ally Invest alternatives compare to Ally Invest and each other:

Ally Invest alternatives comparison
Ally Invest E*TRADE Charles Schwab TD Ameritrade Interactive Brokers
Overall score 4.7 4.9 4.8 4.9 4.9
Fees score 4.5 stars 4.4 stars 4.4 stars 4.3 stars 4.0 stars
Account opening score 4.4 stars 4.4 stars 4.4 stars 3.6 stars 3.4 stars
Deposit and withdrawal score 2.6 stars 2.2 stars 2.2 stars 2.2 stars 3.5 stars
Web platform score 3.5 stars 4.5 stars 4.3 stars 4.3 stars 4.3 stars
Markets and products score 2.9 stars 3.1 stars 3.3 stars 4.0 stars 5.0 stars
Open account Open account Open account Open account Open account

Why are these brokers considered good alternatives to Ally Invest? There are many areas based on which Ally Invest can be compared with others. When we say a given online broker is a good alternative to Ally Invest we mean these brokers are comparable in the following areas:

  • The products they offer, meaning you can buy mostly the same things, i.e. stocks, CFDs, options, etc.
  • The type of clients they target, i.e. beginners, experienced investors, or day traders.

Ally Invest alternatives recommendations

Brokers are different in a number of ways, which means each of them may be suitable for different people. Here's how they compare overall:

  • Ally Invest is recommended for investors and traders looking for low fees and focusing on the us market
  • E*TRADE is recommended for investors and traders looking for solid research and a great mobile trading platform
  • Charles Schwab is recommended for investors and traders looking for solid research, low fees and great customer service
  • TD Ameritrade is recommended for investors and traders looking for solid research and a well-equipped desktop trading platform
  • Interactive Brokers is recommended for traders looking for low fees and a professional trading environment

Important factors of finding Ally Invest alternatives

So far BrokerChooser has reviewed 78 online brokers in detail, which gives this comparison a solid starting point.

Not only that, but all of these brokers are reviewed using the exact same broker review methodology, which makes everything easily comparable. For each broker, we

  • open a live account
  • check over 100 criteria, with weighting based on readers' preferences
  • refresh data regularly

Whether Ally Invest or one of its alternatives is the best choice for you is on the following five broker characteristics that most interest people:

Fees. There are different types of fees that your online brokerage may charge, and both the number and the size of these fees may vary significantly from broker to broker. Both of these aspects can impact your returns and your overall experience. Ally Invest is one of the cheaper brokers, so if this is an important consideration for you, make sure you pick a similarly low-cost Ally Invest alternative.

Deposit/withdrawal. The number of ways that you can deposit or withdraw money to or from your account matters a lot. For example, while you cannot make a deposit with your credit card at Ally Invest, some alternatives might allow you to do that.

Web trading platform. While online brokers are usually available on various platforms like mobile apps, tablet apps or desktop software, most people use them through their web platform in a browser. User-friendly trading platforms that offer many different resources can significantly increase your trading comfort.

Markets and products. A lot of people have specific products they would like to invest in. Knowing whether stocks, forex, mutual funds, and other products are available at the given Ally Invest alternative is a must.


Now let's dive into the details of how Ally Invest and its alternatives perform in the most important areas!

Ally Invest alternatives
Ally Invest

Ally Invest is a US stockbroker regulated by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). Its parent company, Ally Financial Inc. dates back to 1911 when its predecessor, General Motors Acceptance Corporation (GMAC) was founded. Ally Financial Inc. is listed on the New York Stock Exchange and has a banking subsidiary, Ally Bank.

Ally Invest is considered safe because it has a long track record and is regulated by top-tier financial authorities.

Recommended for investors and traders looking for low fees and focusing on the us market

Pros Cons
Low trading and non-trading fees You can trade only on US markets
Easy and fully digital account opening Forex trading is available through a separate account
Great education Lack of proper 2-step authentication

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Fees
4.5

Ally Invest has low trading fees and non-trading fees, including zero base commission on most stocks and ETFs. On the negative side, margin rates are quite high.
Pros Cons
Low trading fees Margin rates could be lower
Low non-trading fees
Zero commission on most stocks and ETFs
Ally Invest alternatives trading fees
Ally Invest E*TRADE Charles Schwab TD Ameritrade Interactive Brokers
US stock $0.0 $0.0 $0.0 $0.0 $1.0
UK stock - - - - $7.8

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k

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Account opening
4.4

Account opening is fully digital and user-friendly, and involves no minimum deposit in most cases. On the other hand, account verification takes relatively long.
Pros Cons
Fully digital Slow account verification
Low minimum deposit
Ally Invest alternatives minimum deposit and account open times
Ally Invest E*TRADE Charles Schwab TD Ameritrade Interactive Brokers
Minimum deposit $0 $0 $0 $0 $0
Time to open account 1-3 days 1-3 days 1 day 1-3 days 1-3 days

Learn more about Ally Invest minimum deposit here.

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Deposit and withdrawal
2.6

Ally Invest doesn't charge a deposit fee, and transferring money is easy. On the other hand, you can use only bank transfer, and wire transfer withdrawals are expensive.
Pros Cons
No deposit fee Credit/Debit card not available
User-friendly High outgoing wire transfer fee
Free ACH withdrawal
Ally Invest and alternatives withdrawal options and fees
Ally Invest E*TRADE Charles Schwab TD Ameritrade Interactive Brokers
Bank transfer Yes Yes Yes Yes Yes
Credit/debit card No No No No No
Electronic wallets No No No No No
Withdrawal fee $0 $0 $0 $0 $0

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Web trading platform
3.5

Ally Invest's web trading platform is user-friendly, with a convenient search function. On the negative side, there is no clear fee report, and we also missed two-step login.
Pros Cons
User-friendly No clear fee report available
Good search function No two-step (safer) login
Good customizability (for charts, workspace)
Ally Invest - Web trading platform
Ally Invest and alternatives trading platform scores
Ally Invest E*TRADE Charles Schwab TD Ameritrade Interactive Brokers
Web platform score 3.5 stars 4.5 stars 4.3 stars 4.3 stars 4.3 stars
Mobile platform score 3.3 stars 4.5 stars 4.2 stars 4.8 stars 3.5 stars
Desktop platform score - - 4.0 stars 4.5 stars 3.0 stars

Learn more about Ally Invest's web trading platform in the detailed Ally Invest review.

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Markets and products
2.9

At Ally Invest you can trade various asset classes from stocks to options. On the negative side, it covers only the US market, and futures or forex trading is not possible.
Ally Invest and alternatives markets and products
Ally Invest E*TRADE Charles Schwab TD Ameritrade Interactive Brokers
Stock Yes Yes Yes Yes Yes
ETF Yes Yes Yes Yes Yes
Forex No No No Yes Yes
Fund Yes Yes Yes Yes Yes
Bond Yes Yes Yes Yes Yes
Options Yes Yes Yes Yes Yes
Futures No Yes Yes Yes Yes
CFD No No No No Yes
Crypto No Yes Yes Yes Yes

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Verdict

Ally Invest is one of the biggest US stockbrokers and is overseen by top-tier regulators. Retail clients of Ally Bank will appreciate that its banking and brokerage platforms are very well integrated - so it's very easy to move cash between those accounts.

Ally Invest has low trading and non-trading fees and offers a good product range in the US. The account opening process is easy and fully digital. We also liked the high quality of its educational tools.

Ally Invest has some drawbacks though. You can trade only on US exchanges. Forex trading is available only through a separate Ally Forex account provided by GAIN Capital (Forex.com). Lastly, there is no option to turn on two-factor authentication for added security.

Still, as trading fees are low and no inactivity fee is charged, feel free to try Ally Invest.

Ally Invest
Summary Ally Invest is a US stockbroker, regulated by top-tier authorities the SEC and FINRA. The company is listed on the New York Stock Exchange and has a banking background.
Fees score 4.5 stars
Recommended for Investors and traders looking for low fees and focusing on the US market

Open account More

Ally Invest alternatives
E*TRADE

E*TRADE is a US-based stockbroker founded in 1982. It is regulated by top-tier financial authorities like the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

E*TRADE is considered safe because it has a long track record, is listed on a stock exchange, has a banking background, discloses its financials, and is overseen by top-tier US regulators.

In February 2020, E*TRADE was acquired by Morgan Stanley. To find out more about the motives behind the acquisition and about the wider market context, check out this article we wrote about the deal.

Recommended for investors and traders looking for solid research and a great mobile trading platform

Pros Cons
Low trading fees (free stock and ETF trading) Only US markets, no forex
User-friendly mobile trading platform Only bank transfer
Great research tools Slow live chat

Open account

Fees
4.4

E*TRADE offers free trading of stocks, ETFs, and some bonds and mutual funds. Non-trading fees are also low. On the negative side, fees for mutual funds that aren't free are high.
Pros Cons
Free stock and ETF trading High fees for non-free mutual funds
Some mutual funds and bonds are free
Low non-trading fees
Ally Invest vs. E*TRADE: Trading fees
E*TRADE Ally Invest
Apple benchmark fee $0.3 $0.3
Vodafone benchmark fee - -
EURUSD benchmark fee - -

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

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Account opening
4.4

Account opening at E*TRADE (only available for US clients) is fully digital and user-friendly, but the account verification process is slow.
Pros Cons
Fully digital Slow account verification
No minimum deposit
User-friendly
Ally Invest vs. E*TRADE: Minimum deposit, time to open an account
E*TRADE Ally Invest
Minimum deposit $0 $0
Time to open account 1-3 days 1-3 days

If you are interested more in E*TRADE minimum deposit, this overview will help you.

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Deposit and withdrawal
2.2

E*TRADE charges no deposit fees, and transferring money is easy. On the flip side, you can only use bank transfer, and a high fee is charged for wire transfer withdrawals.
Pros Cons
No deposit fee Credit/Debit card not available
User-friendly High fee for wire transfer withdrawal
Ally Invest vs. E*TRADE: Withdrawal options
E*TRADE Ally Invest
Bank transfer Yes Yes
Credit/debit card No No
Electronic wallets No No
Withdrawal fee $0 $0

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Web trading platform
4.5

E*TRADE has a great, user-friendly web trading platform, offering a clear fee report among others. On the negative side, it cannot be customized.
Pros Cons
User-friendly Limited customizability (for charts, workspace)
Clear fee report
Two-step (safer) login
Web trading platform of E*TRADE, a Ally Invest alternative
Ally Invest vs. E*TRADE: Trading platform scores
E*TRADE Ally Invest
Web platform score 4.5 stars 3.5 stars
Mobile platform score 4.5 stars 3.3 stars
Desktop platform score - -

Learn more about E*TRADE's web trading platform in the detailed E*TRADE review.

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Markets and products
3.1

You can trade plenty of asset classes at E*TRADE from stocks to futures, but only on the US market; in addition, forex trading is not available.
Ally Invest vs. E*TRADE: Markets and products
E*TRADE Ally Invest
Stock Yes Yes
ETF Yes Yes
Forex No No
Fund Yes Yes
Bond Yes Yes
Options Yes Yes
Futures Yes No
CFD No No
Crypto Yes No

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Verdict

E*TRADE is one of the biggest US stockbrokers, and is regulated by top-tier authorities.

At the end of 2019, riding the commission-free trading trend in the US, E*TRADE introduced zero commission on stock and ETF trades. E*TRADE's research functions are of high quality and channel a lot of tools, including trading ideas and strategy builders. We liked the easy handling and the customizable features of the mobile trading platform.

E*TRADE has some drawbacks though. It doesn't accept credit/debit cards and electronic wallets for money transfers, and its product portfolio covers only US markets. In addition, live chat support is slow.

As trading fees are generally low, research tools are great and no inactivity fee is charged, you should feel free to try E*TRADE.

E*TRADE
Summary E*TRADE is a US stockbroker, regulated by top-tier authorities the SEC and FINRA. The company is listed on NASDAQ and has a banking background.
Fees score 4.4 stars
Recommended for Investors and traders looking for solid research and a great mobile trading platform

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Ally Invest alternatives
Charles Schwab

Charles Schwab is a US discount broker that was founded in 1971 and is listed on the New York Stock Exchange.

It is regulated by several top-tier financial authorities, such as the US Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA) and the UK's Financial Conduct Authority (FCA).

Recommended for investors and traders looking for solid research, low fees and great customer service

Pros Cons
Free stock and ETF trading High fees for some mutual funds
Outstanding research Only US/Canada markets available
Great customer service Poorly-structured educational platform

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Fees
4.4

Charles Schwab offers free stock and ETF trading, some mutual funds and bonds are also free, while non-trading fees are low. On the negative side, some mutual fund fees are quite high.
Pros Cons
Free stock/ETF trading High fees for non-free mutual funds
Some mutual funds and bonds are free
Low non-trading fees
Ally Invest vs. Charles Schwab: Trading fees
Charles Schwab Ally Invest
Apple benchmark fee $0.3 $0.3
Vodafone benchmark fee - -
EURUSD benchmark fee - -

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

Open account More

Account opening
4.4

Opening an account at Charles Schwab is easy, fast and fully digital. There is no minimum deposit for US clients, but other clients have to transfer a $25,000 minimum to start.
Pros Cons
Fast $25,000 minimum deposit for non-US clients
Fully digital
No minimum deposit
Ally Invest vs. Charles Schwab: Minimum deposit, time to open an account
Charles Schwab Ally Invest
Minimum deposit $0 $0
Time to open account 1 day 1-3 days

If you are interested more in Charles Schwab minimum deposit, this overview will help you.

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Deposit and withdrawal
2.2

Funding your account is easy and user-friendly at Charles Schwab and there is no deposit fee. However, you can only use bank transfer and there is a high fee for wire withdrawals.
Pros Cons
No deposit fee High fee for wire (bank transfer) withdrawals
User-friendly
Ally Invest vs. Charles Schwab: Withdrawal options
Charles Schwab Ally Invest
Bank transfer Yes Yes
Credit/debit card No No
Electronic wallets No No
Withdrawal fee $0 $0

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Web trading platform
4.3

Charles Schwab offers a good web-based trading platform with a clean design. On the negative side, the platform is not customizable.
Pros Cons
User-friendly Limited customizability (for charts, workspace)
Clear fee report
Price alerts
Web trading platform of Charles Schwab, a Ally Invest alternative
Ally Invest vs. Charles Schwab: Trading platform scores
Charles Schwab Ally Invest
Web platform score 4.3 stars 3.5 stars
Mobile platform score 4.2 stars 3.3 stars
Desktop platform score 4.0 stars -

Learn more about Charles Schwab's web trading platform in the detailed Charles Schwab review.

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Markets and products
3.3

At Charles Schwab, you can trade a lot of different asset classes, from stocks to futures. Unfortunately, the product portfolio covers only US and Canadian markets.
Ally Invest vs. Charles Schwab: Markets and products
Charles Schwab Ally Invest
Stock Yes Yes
ETF Yes Yes
Forex No No
Fund Yes Yes
Bond Yes Yes
Options Yes Yes
Futures Yes No
CFD No No
Crypto Yes No

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Verdict

Charles Schwab is one of the biggest discount US brokers, regulated by top-tier authorities.

It was one of the first brokers, starting in late 2019, to charge no commissions for stock and ETF trades. Its research is outstanding, covering many tools, including trading ideas, Morgan Stanley analyst reports on equities and detailed fundamental data. Customer service is great, providing relevant answers within a short time.

It does has some drawbacks, though. Except for the around 4,000 mutual funds that are free to trade, mutual fund costs are high and the product portfolio covers only US and Canadian markets. Lastly, the educational platform is not well-structured.

As its trading and non-trading fees are generally low, research tools are great and the account opening is seamless, feel free to try its services.

Charles Schwab
Summary Charles Schwab is a US discount broker, regulated by top-tier US authorities the SEC and FINRA. The company is listed on the New York Stock Exchange and holds a banking license.
Fees score 4.4 stars
Recommended for Investors and traders looking for solid research, low fees and great customer service

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Ally Invest alternatives
TD Ameritrade

TD Ameritrade was founded in 1975 and is one of the biggest US-based stockbrokers. It is regulated by top-tier authorities like the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA) and the Commodity Futures Trading Commission (CFTC).

TD Ameritrade is considered a safe broker since it has a long track record, is listed on a stock exchange, has a banking background, discloses its financials, and is overseen by top-tier regulators.

Recommended for investors and traders looking for solid research and a well-equipped desktop trading platform

Pros Cons
Low trading fees (free stock and ETF trading) You can trade only on US markets
Superb desktop trading platform Accounts mostly limited to US residents
Great customer support No credit/debit cards and electronic wallets for money transfer

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Fees
4.3

TD Ameritrade offers free stock and ETF trading, while forex, bond and options fees are also low. On the other hand, it charges high fees for mutual funds and futures.
Pros Cons
Low trading fees High fund fees
Low non-trading fees
Free stocks and ETFs
Ally Invest vs. TD Ameritrade: Trading fees
TD Ameritrade Ally Invest
Apple benchmark fee $0.3 $0.3
Vodafone benchmark fee - -
EURUSD benchmark fee $6.8 -

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

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Account opening
3.6

TD Ameritrade offers many different account types, and US citizens face no minimum deposit.
Pros Cons
Fully digital None
No minimum deposit
Many account types
Ally Invest vs. TD Ameritrade: Minimum deposit, time to open an account
TD Ameritrade Ally Invest
Minimum deposit $0 $0
Time to open account 1-3 days 1-3 days

If you are interested more in TD Ameritrade minimum deposit, this overview will help you.

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Deposit and withdrawal
2.2

TD Ameritrade has user-friendly account funding with no deposit fees, but USD is the only available base currency, and wire transfers incur a high fee.
Pros Cons
Free withdrawal Credit/Debit card not available
No deposit fee Only one account base currency
User-friendly High withdrawal fee for wire transfers
Ally Invest vs. TD Ameritrade: Withdrawal options
TD Ameritrade Ally Invest
Bank transfer Yes Yes
Credit/debit card No No
Electronic wallets No No
Withdrawal fee $0 $0

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Web trading platform
4.3

TD Ameritrade offers a good web trading platform with a clean design. On the flip side, the platform is not customizable.
Pros Cons
User-friendly Limited customizability (for charts, workspace)
Two-step (safer) login
Good variety of order types
Web trading platform of TD Ameritrade, a Ally Invest alternative
Ally Invest vs. TD Ameritrade: Trading platform scores
TD Ameritrade Ally Invest
Web platform score 4.3 stars 3.5 stars
Mobile platform score 4.8 stars 3.3 stars
Desktop platform score 4.5 stars -

Learn more about TD Ameritrade's web trading platform in the detailed TD Ameritrade review.

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Markets and products
4.0

You can trade many asset classes, from stocks to futures and forex, while nice extras include social trading and robo-advisory. On the other hand, only the US market is covered.
Ally Invest vs. TD Ameritrade: Markets and products
TD Ameritrade Ally Invest
Stock Yes Yes
ETF Yes Yes
Forex Yes No
Fund Yes Yes
Bond Yes Yes
Options Yes Yes
Futures Yes No
CFD No No
Crypto Yes No

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Verdict

TD Ameritrade is one of the biggest US online brokers. Joining the hot trend of introducing commission-free trading at the end of 2019, TD Ameritrade now charges no commission on stock and ETF trades.

Research and education are outstanding at TD Ameritrade, offering you many useful tools. The Thinkorswim desktop trading platform is one of the best on the marketCustomer service is great, you will get relevant answers within a short time.

TD Ameritrade has some drawbacks though. It charges high financing (margin) rates and it doesn't accept credit/debit cards and electronic wallets for money transfers. Furthermore, the product portfolio covers only the US market.

As TD Ameritrade offers great education tools including a demo account, we encourage you to try it.

TD Ameritrade
Summary TD Ameritrade is a US stockbroker, regulated by top-tier authorities the SEC and FINRA. The company is listed on NASDAQ and has a banking background as part of the TD Group.
Fees score 4.3 stars
Recommended for Investors and traders looking for solid research and a well-equipped desktop trading platform

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Ally Invest alternatives
Interactive Brokers

Interactive Brokers was founded in 1978 and is one of the biggest US-based discount brokers. The broker is regulated by several financial authorities globally, including top-tier ones like the UK's Financial Conduct Authority (FCA) and the US Securities and Exchange Commission (SEC).

As it has licenses from multiple top-tier regulators, Interactive Brokers is considered safe. Having a long track record and publicly disclosed financials while being listed on a stock exchange are also great signs for its safety.

Recommended for traders looking for low fees and a professional trading environment

Pros Cons
Low trading fees Complicated account opening process
Wide range of products Complex desktop trading platform
Many great research tools High inactivity fee

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Fees
4.0

Interactive Brokers has low trading fees; for US clients, stock and ETF trading is free. On the negative side, there is a high inactivity fee for non-US clients.
Pros Cons
Low trading fees Inactivity fee
Free stock and ETF trading for US clients
Low margin rates
Ally Invest vs. Interactive Brokers: Trading fees
Interactive Brokers Ally Invest
Apple benchmark fee $2.3 $0.3
Vodafone benchmark fee $16.3 -
EURUSD benchmark fee $11.2 -

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

Open account More

Account opening
3.4

IB's account opening process is fully digital and the required minimum deposit is low. On the negative side, the process is complicated, and account verification takes relatively long.
Pros Cons
Fully digital Not user-friendly
No minimum deposit for most account types Confusing messages throughout the process
Ally Invest vs. Interactive Brokers: Minimum deposit, time to open an account
Interactive Brokers Ally Invest
Minimum deposit $0 $0
Time to open account 1-3 days 1-3 days

If you are interested more in Interactive Brokers minimum deposit, this overview will help you.

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Deposit and withdrawal
3.5

Interactive Brokers offers many account base currency options and one free withdrawal per month. The main drawbacks are that you can only use bank transfer.
Pros Cons
No deposit fee Credit/Debit card not available
Several account base currencies
First withdrawal each month free
Ally Invest vs. Interactive Brokers: Withdrawal options
Interactive Brokers Ally Invest
Bank transfer Yes Yes
Credit/debit card No No
Electronic wallets No No
Withdrawal fee $0 $0

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Web trading platform
4.3

Interactive Brokers's web platform is simple and easy to use, even for beginners. On the negative side, it is not customizable.
Pros Cons
User-friendly Limited customizability (for charts, workspace)
Clear fee report
Two-step (safer) login
Web trading platform of Interactive Brokers, a Ally Invest alternative
Ally Invest vs. Interactive Brokers: Trading platform scores
Interactive Brokers Ally Invest
Web platform score 4.3 stars 3.5 stars
Mobile platform score 3.5 stars 3.3 stars
Desktop platform score 3.0 stars -

Learn more about Interactive Brokers's web trading platform in the detailed Interactive Brokers review.

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Markets and products
5.0

Through Interactive Brokers you can access an extremely wide range of markets and all product types are available.
Ally Invest vs. Interactive Brokers: Markets and products
Interactive Brokers Ally Invest
Stock Yes Yes
ETF Yes Yes
Forex Yes No
Fund Yes Yes
Bond Yes Yes
Options Yes Yes
Futures Yes No
CFD Yes No
Crypto Yes No

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Verdict

Interactive Brokers is one of the biggest US-based discount brokers, regulated by several top-tier regulators globally. We recommend this broker for advanced traders.

On the plus side, IB has low fees, a vast range of markets and products available with diverse research tools

There are some drawbacks though: there is a high inactivity fee and the account opening process is complicated. The desktop platform is complex and hard to get a handle on, especially for beginners.

If you have experience navigating complex platforms and enjoy transparent, low-cost trading, Interactive Brokers could be a great fit for you.

Interactive Brokers
Summary Interactive Brokers is a US discount broker. It is listed on a stock exchange and regulated by several authorities, including top-tier ones like the FCA and the SEC.
Fees score 4.0 stars
Recommended for Traders looking for low fees and a professional trading environment

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Ally Invest alternatives
Bottom line

Based on our analysis, there are several good alternatives to Ally Invest. They all offer similar products and target similar customers. Here's a recap of the results in a table.

Ally Invest alternatives
Broker Info Recommended for
Ally Invest US stockbroker Investors and traders looking for low fees and focusing on the US market
E*TRADE US stockbroker Investors and traders looking for solid research and a great mobile trading platform
Charles Schwab US discount broker Investors and traders looking for solid research, low fees and great customer service
TD Ameritrade US-based stockbroker Investors and traders looking for solid research and a well-equipped desktop trading platform
Interactive Brokers US discount broker Traders looking for low fees and a professional trading environment

Still unsure? Use our broker finder and find the best broker for you or learn more about investing your money.

Author of this article

Gergely Korpos

Author of this article

Gergely is the co-founder and CPO of Brokerchooser. His aim is to make personal investing crystal clear for everybody. Gergely has 10 years of experience in the financial markets. He concluded thousands of trades as a commodity trader and equity portfolio manager.

Gergely Korpos

Co-founder, CPO

Gergely is the co-founder and CPO of Brokerchooser. His aim is to make personal investing crystal clear for everybody. Gergely has 10 years of experience in the financial markets. He concluded thousands of trades as a commodity trader and equity portfolio manager.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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