Broker comparison

Ally Invest vs.
Fidelity

Which broker fits your needs?

Platforms, products and fees side by side.

Checked on 22 October 2026

See comparison

Summary

Your goal decides

Fidelity has a higher rating of 4.6/5 compared to Ally Invest (4/5). Oversight: Ally Invest: SEC/FINRA; Fidelity: SEC/FINRA. Ally Invest: Yes, options from $0.50 per contract. Fidelity: Yes, US options from $0.65 per contract. Fidelity has been in the market since 1946, making it the more experienced provider. Execution speed: Ally Invest ~40 ms (Smart Order Routing, integrated Ally Bank), Fidelity ~25 ms (Smart Order Router, high price improvement rate).

US online broker with commission-free trading and integrated banking

One of the largest and most trusted US brokers with comprehensive services

At a glance

The key differences

Criterion
PlatformsAlly Invest Web, Ally Invest AppFidelity Web, Active Trader Pro, Fidelity App
Product typesStocks, ETFs, Options, Bonds, Mutual Funds, ForexStocks, ETFs, Options, Bonds, Mutual Funds, CDs
Options tradingYes, options from $0.50 per contractYes, US options from $0.65 per contract
Fee model$0 commission on stocks and ETFs, options $0.50 per contract$0 commission on stocks and ETFs, options $0.65 per contract
Minimum deposit0 $0 $
RegulationSEC/FINRASEC/FINRA
More informationDetailsDetails

Platforms

Ally Invest

Ally Invest Web, Ally Invest App

Fidelity

Fidelity Web, Active Trader Pro, Fidelity App

Product types

Ally Invest

Stocks, ETFs, Options, Bonds, Mutual Funds, Forex

Fidelity

Stocks, ETFs, Options, Bonds, Mutual Funds, CDs

Options trading

Ally Invest

Yes, options from $0.50 per contract

Fidelity

Yes, US options from $0.65 per contract

Fee model

Ally Invest

$0 commission on stocks and ETFs, options $0.50 per contract

Fidelity

$0 commission on stocks and ETFs, options $0.65 per contract

Minimum deposit

Ally Invest

0 $

Fidelity

0 $

Regulation

Ally Invest

SEC/FINRA

Fidelity

SEC/FINRA

More information

Ally Invest

Details

Fidelity

Details

Product access and costs depend on market, account and permissions.

Detailed comparison

Comparing fees

Compare total costs, not just the order fee.

$0 commission on stocks and ETFs, options $0.50 per contract

Published fee
$0 commission on stocks and ETFs, options $0.50 per contract
Minimum deposit
0 $
See terms at provider

$0 commission on stocks and ETFs, options $0.65 per contract

Published fee
$0 commission on stocks and ETFs, options $0.65 per contract
Minimum deposit
0 $
See terms at provider

The relevant costs depend on market, currency, order size and trading style.

Worked out

What does it actually cost?

Typical months at Ally Invest and Fidelity, priced from their published fee schedules. Spreads, FX and exchange fees come on top depending on the venue.

ScenarioAlly InvestFidelity
ETF savings plan, ≈ €200 a monthUS$0$0 online ETF commission (≈ $230 buy); $0 × 1US$0$0 online ETF commission (≈ $230 buy); $0 × 1
10 stock buys of ≈ €1,000 a monthUS$0$0 online US stock commission × 10 ordersUS$0$0 online US stock commission × 10 orders
10 US option contracts a monthUS$5$0 commission + $0.50 per contract × 10US$6.50$0.65 per contract × 10
One BTC purchase of ≈ €1,000—Crypto trading not offeredUS$11.501% trading fee (Fidelity Crypto) × $1,150
Custody and account fee per yearUS$0No account or inactivity fee on the fee scheduleUS$0$0 for standard account services per fee page

Checked on 22 October 2026. Prices can change; the current fee schedule is what counts. Sources: ally.com · fidelity.com · fidelity.com

Execution quality

Order type, venue and liquidity affect execution.

Check the provider’s execution policy and available order types for your account.

Provider information

Check the provider’s execution policy and available order types for your account.

Provider information

Product range

StocksETFsOptionsBondsMutual FundsForex
StocksETFsOptionsBondsMutual FundsCDs

Categories come from broker profiles. Check specific markets and permissions before deciding.

Trading platforms

Ally Invest Web · Ally Invest App

Ally Invest offers trading through Ally Invest Web and the Ally Invest App. The web platform provides order placement, portfolio overview, charting tools, and access to stock, options, and Forex trading in a unified interface. The mobile app enables trading and account management on the go with integration to the Ally Bank savings account. Both platforms are clearly designed but offer fewer advanced analysis tools than platforms from Fidelity or E*TRADE.

Explore platform

Fidelity Web · Active Trader Pro · Fidelity App

Fidelity offers three trading platforms: Fidelity Web, Active Trader Pro, and the Fidelity App. The web platform provides comprehensive research tools, screening functions, and educational resources. Active Trader Pro is a desktop platform for active traders with real-time data, advanced charts, options analysis, and customizable layouts. The mobile app offers quick access to all account features and trading options with an intuitive user interface.

Explore platform

Regulation & security

Ally Invest

Ally Invest Securities LLC (clearing: Apex Clearing)

Supervisor
SEC / FINRA
Investor compensation
SIPC up to $500,000 (max. $250,000 cash); excess cover via Apex Clearing (Lloyd's underwriters)
Cash
Uninvested cash in the account: SIPC up to $250,000

Fidelity

Fidelity Brokerage Services LLC (crypto: Fidelity Digital Assets)

Supervisor
SEC / FINRA
Investor compensation
SIPC member: up to $500,000 per customer (max. $250,000 cash) if the broker fails; no cover for market losses
Cash
Uninvested cash in the account: SIPC up to $250,000

Regulation does not protect against market losses. What counts is the entity you sign the contract with.

Your investor profile

Who might it suit?

US online broker with commission-free trading and integrated banking

  • Commission-free stock and ETF trading
  • Low options fees ($0.50 per contract)
  • Integrated banking with savings account
  • Only available for US customers
  • Fewer research tools than Fidelity or Schwab

One of the largest and most trusted US brokers with comprehensive services

  • Commission-free stock and ETF trading
  • Excellent research and educational resources
  • Huge fund selection including proprietary index funds
  • Only available for US customers
  • International stocks limited availability

Find the broker that fits

Ally Invest oder Fidelity?

Side by side. Decided with knowledge.

See the differences that matter, and the Academy lessons that explain them.

VS
  • Fees
  • Platform
  • Regulation
  • Matching lessons
Two brokers. Many options. Your call.
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Your questions

Frequently asked questions

How do fees differ between Ally Invest and Fidelity?
Ally Invest: $0 commission on stocks and ETFs, options $0.50 per contract. Fidelity: $0 commission on stocks and ETFs, options $0.65 per contract. Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: Ally Invest or Fidelity?
Ally Invest offers Stocks, ETFs, Options, Bonds, Mutual Funds, Forex. Fidelity offers Stocks, ETFs, Options, Bonds, Mutual Funds, CDs.
How are Ally Invest and Fidelity regulated?
The broker profiles list SEC/FINRA for Ally Invest and SEC/FINRA for Fidelity. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is Ally Invest or Fidelity better for beginners?
Ally Invest lists a 0 $ minimum deposit and offers Ally Invest Web, Ally Invest App. Fidelity lists 0 $ and offers Fidelity Web, Active Trader Pro, Fidelity App. Compare usability, available products and costs for your intended use.
Ally Invest vs Fidelity: Which broker is better overall?
The choice between Ally Invest (4/5, 1100 reviews) and Fidelity (4.6/5, 2400 reviews) depends on your needs. Ally Invest: US online broker with commission-free trading and integrated banking. Fidelity: One of the largest and most trusted US brokers with comprehensive services.

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