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Fidelity vs Ally Invest : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
Fidelity
Ally Invest
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
STP broker
None
Years of Existence / Established Year
1946
2005
Customer Base / Number of Accounts
51.4 million
No information
Regulation & Security
Regulations (governing bodies)
SEC, MSRB, FINRA
SEC, FINRA
Awards Won (count for the last 2 years)
Best Online Broker for Beginning Investors 2024, Rated #1 for Overall Broker 2024, Best Online Broker 2023
No major awards listed
Security Measures
FDIC , SIPC
SIPC
SSL Encryption / 2FA
Yes
Yes
Segregated Funds
Yes* Restriction for some clients
No
Negative Balance Protection
No
No
Trading Instruments/Products Offered
Assets Types / Trading Instruments (total count and breakdown)
10000+ mutual funds including fixed income, CDs, Annuities, life insurance, long-term Care Planning, 529 Plans IRAs, Health Savings Account
10,800+ assets including, CDs, Treasuries, Crypto available through external parterns
Currency Pairs
No
No
Commodities
No
No
Indices
No
Yes
Cryptocurrencies
Yes
No
CFDs
No
No
ETFs
Yes
Yes
Stocks
Yes
Yes
Options
Yes
Yes
Futures
No
No
Bonds
Yes
Yes
Mutual Funds
Yes
Yes
Fractional Shares
Exchange Traded Notes (ETNs)
No
Yes
Precious Metals
No
Yes
Real Estate Investment Trusts (REITs)
No
Yes
Equities
Yes
Yes
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
No
No
MT5
No
No
cTrader
No
No
Social Trading
No
Copy Trading
No
No
Other Trading Platforms (proprietary, etc.)
Trading dashboard, Fidelity mobile, Active Trader Pro
Web and mobile platform
Platform Compatibility (Windows, Mac, iOS, Android)
Yes
Yes except Mac
Account Types & Conditions
Account Types (Retail, Pro, VIP, etc.)
Fidelity® Cash Management Account., The Fidelity Account, Individual Retirement Account (IRA), 529 College Savings Account., Fidelity HSA, Custodial Account (UGMA/UTMA)
IRA plan, Traditional, Roth IRA, Self-directed trading, Ally Invest Robo portfolios, Personal advice
Demo Account (Yes/No)
Yes
No
Islamic Accounts (Yes/No)
No
No
Minimum Deposit
$0
$100
Leverage Available
No
No
Trade Limit (maximum per trade)
Depends on assets class
Non-Pattern Day Trader-3-day trades in 5 business days, Pattern Day Trade- Unlimited day trades
Commission (per account type)
$0
$0
Best Suited For (e.g., beginners, experienced traders)
Beginners and experienced traders
Beginners
Deposit & Withdrawal Options
Deposit Methods
ATM/debit card, Deposits eligible for FDIC insurance, Cash Manager, Fidelity Mobile, Bill Pay, Check writing, Automatic investments, Automatic withdrawals, Direct deposit, Electronic funds transfer (EFT), e-wallets
ACH, Wire transfer, Check
Withdrawal Methods
Electronic funds transfer (EFT), Bank wire, Paper check, Paper bill varies by account types
Wire transfer
Other E-Wallets Supported
Venmo or PayPal
No
Tools & Educational Resources
Economic Calendar
No
Yes
Tools & Educational Resources (tutorials, webinars, market news, etc.)
Research and Tools, Investment Education, Webinars and Online Courses, Market News and Insights, Retirement and Planning Tools
Trading Education, Market Insights, Webinars, Online Trading Courses, Forex and Options Education
Fees & Commissions
Trading-Related Fees
Commission for U.S stocks, ETFs, Options- $0, Mutual funds- $49.95, Crypto spread- 1.0 pip, Margin liquidation -$32.95 per liquidation, Stock certificate transfer and ship $10 Per Certificate
Commission-$0
Spread (typical, fixed, variable)
NA
NA
Per Lot Fees
NA
NA
Options Contract Fees
$0.65/ Contract fee
$0.50
Futures Contract Fees
NA
NA
Markup Fees on Spread
NA
NA
Guaranteed Stop Loss Fees
NA
NA
Maximum Leverage
No
No
Non-Trading Fees
Dormant Fees
$0
$0
Subscription Fees (for premium features, data feeds)
NA
NA
Advisory Fees
NA
$0.75-$0.85
Swap Fees (Overnight Financing)
NA
NA
Statement or Document Fee
NA
NA
Account Opening Fee
$0
$0
Account Maintenance Fee
$0
$0
Deposit Fee
$0
$0
Currency Conversion Fee
$50/ per trade
$0
Withdrawal Fee
Wire transfer-$3
Wire transfer- $75
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
No
Yes- Occasionally
Customer Benefits (e.g., Retirement Plan)
Yes
Yes
Trading Hours
Trading Hours (for each asset class if applicable)
Premarket session -7:00 a.m. to 9:28 a.m. ET.
Pre-market orders between 8:00 am - 9:30 am, ET or post-market orders between 4:00 pm - 5:00 pm ET.
Customer Support
Support Hours (e.g., 24/7, weekdays only)
8:30 a.m. - 8:30 p.m. ET , Monday- Friday
Mon - Fri 7am - 10pm ET, Sat 8am - 8pm ET
Customer Support Methods (phone, email, live chat)
Phone: 800-343-0860, 800-835-5095, Live chat, Login for personalized help, FAQs
Hard of hearing call: 711, Phone: 1-888-925-2559, +1-316-652-6430, E-mail: Login to send a secure message, Live chat
Support Languages
2
2
Additional Information
Headquarters Location
Boston, MA
Charlotte, North Carolina, USA
Complaints (for crypto brokers)
No
No
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