Online brokers compared for fees, trading platforms, safety and more. See how Ally Invest stacks up against Questrade!
Last update of data—Dec 2021
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.
Questrade is a Canadian online brokerage firm. Questrade is a member of Canadian self-regulatory industry body IIROC and the Canadian Investor Protection Fund (CIPF).
Recommended for investors and traders looking for low fees and focusing on the US market.
Recommended for traders and investors focusing on the Canadian and US markets.
Ally Invest
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.
Recommended for investors and traders looking for low fees and focusing on the US market.
Questrade
Questrade is a Canadian online brokerage firm. Questrade is a member of Canadian self-regulatory industry body IIROC and the Canadian Investor Protection Fund (CIPF).
Recommended for traders and investors focusing on the Canadian and US markets.
Ally Invest's service is on par with Questrade's and a comparison of their fees shows that Ally Invest's fees are slightly lower than Questrade's.
Account opening takes somewhat less effort at Ally Invest compared to Questrade, deposit and withdrawal processes are about the same quality at Ally Invest, while customer service quality is somewhat lower than Questrade's.
Our experts rated the trading platform of Ally Invest as somewhat worse than the platform of Questrade, found that clients have access to less markets and products with Ally Invest, while Questrade provides somewhat better research and education.
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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