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Webull vs Ally Invest : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
Webull
Ally Invest
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
Self-directed retail brokerage platform
None
Years of Existence / Established Year
2017
2005
Customer Base / Number of Accounts
20 Million
No information
Regulation & Security
Regulations (governing bodies)
SEC, FINRA
SEC, FINRA
Awards Won (count for the last 2 years)
2024 Global Private Banking Awards
No major awards listed
Security Measures
SIPC, FIDC, Apex Clearing Corp upto $150 million
SIPC
SSL Encryption / 2FA
Yes
Yes
Segregated Funds
Yes
No
Negative Balance Protection
No
No
Trading Instruments/Products Offered
Assets Types / Trading Instruments (total count and breakdown)
3,300 ETFs including OTC, Margin, Index options, US treasuries bonds
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
Yes
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
Yes
No
Other Trading Platforms (proprietary, etc.)
Desktop, Web, and Mobile apps
Web and mobile platform
Platform Compatibility (Windows, Mac, iOS, Android)
Yes
Yes except Mac
Account Types & Conditions
Account Types (Retail, Pro, VIP, etc.)
Individual, IRA, Futures, Advisor, Entity
IRA plan, Traditional, Roth IRA, Self-directed trading, Ally Invest Robo portfolios, Personal advice
Demo Account (Yes/No)
Yes
No
Islamic Accounts (Yes/No)
Yes
No
Minimum Deposit
$0
$100
Leverage Available
4:1 to 2:1
No
Trade Limit (maximum per trade)
Unlimited number of day trades
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, Active and passive investor
Beginners
Deposit & Withdrawal Options
Deposit Methods
Bank linking, ACH, Wire Transfer, Debit card funding, Recurring deposit
ACH, Wire transfer, Check
Withdrawal Methods
ACH withdrawals
Wire transfer
Other E-Wallets Supported
No
No
Tools & Educational Resources
Economic Calendar
Yes
Yes
Tools & Educational Resources (tutorials, webinars, market news, etc.)
Trading Education, Market News and Analysis, Webinars and Live Events, Trading Simulator, Financial Insights and Research
Trading Education, Market Insights, Webinars, Online Trading Courses, Forex and Options Education
Fees & Commissions
Trading-Related Fees
Regulatory Transaction Fee- $0.0000278*Total $ Trade Amount, Regulatory Fee- $0.000166 * Total Trade Volume Min $0.01 per - Max $8.30 per, CAT Regulatory Fees- $0.000052 * Total Trade Volume, Low-Priced Securities- $0.0002 per share, F-stocks (foreign settlement)- Buys: $5.00 per trade, Sells: $0.05 per trade, liquidity Charge- Minimum Overnight Interest Rate: 15% Fee: $250, CAT Regulatory Fees- Buys & Sells: $0.00000072 * Total Trade Volume
Commission-$0
Spread (typical, fixed, variable)
Variable
NA
Per Lot Fees
NA
NA
Options Contract Fees
$0.10 per contract
$0.50
Futures Contract Fees
$1.50
NA
Markup Fees on Spread
1.50%
NA
Guaranteed Stop Loss Fees
NA
NA
Maximum Leverage
4:1
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
$2 for each confirmation, $5 for each account statement, and $2.5 for each prospectus mailing
NA
Account Opening Fee
$0
$0
Account Maintenance Fee
$0
$0
Deposit Fee
$8 for deposits in the U.S., $12.5 for international deposits
$0
Currency Conversion Fee
$10
$0
Withdrawal Fee
$25 for withdrawals in the U.S, and $45 for international withdrawals
Wire transfer- $75
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
Yes- Occasionally
Customer Benefits (e.g., Retirement Plan)
Yes
Yes
Trading Hours
Trading Hours (for each asset class if applicable)
Pre-market trading from 4:00 AM to 9:30 AM EST
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)
24/7
Mon - Fri 7am - 10pm ET, Sat 8am - 8pm ET
Customer Support Methods (phone, email, live chat)
E-mail: [email protected], call :1-888-828-0618, in app chat
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
15+
2
Additional Information
Headquarters Location
44 Wall Street, New York City
Charlotte, North Carolina, USA
Complaints (for crypto brokers)
No
No
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