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Fidelity vs Ally Invest 2025

StockBrokers.com

Written by StockBrokers.com

February 20, 2025

In this head to head comparison of Fidelity vs Ally Invest, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

Fidelity
5/5 Stars Overall
  • Minimum Deposit: $0.00
  • Stock Trades: $0.00
  • Options (Per Contract): $0.65
Ally Invest
4/5 Stars Overall
  • Minimum Deposit: $0.00
  • Stock Trades: $0.00
  • Options (Per Contract): $0.50

Range of investments

When it comes to choosing between Fidelity and Ally Invest, both platforms offer a variety of investment options, but there are some differences to consider depending on your trading needs. Fidelity shines with a 5-star rating for its range of investments and holds the third spot out of 16 brokers as ranked by StockBrokers.com. In contrast, Ally Invest also offers a strong selection, earning a commendable 4.5-star rating and the eighth spot in the same ranking. The key takeaway is Fidelity's diverse offerings, especially in specific areas like fractional shares and crypto trading, make it a standout choice for those seeking broad investment options, while Ally Invest provides a solid but slightly more limited range.

Both brokers support stock, margin, options, and mutual fund trading, providing robust opportunities for those interested in these markets. Fidelity and Ally Invest also accommodate OTC stock trading, catering to those who might be looking for low-priced shares. However, Fidelity sets itself apart with its ability to trade fractional shares, allowing investors to buy portions of stocks, and its entry into the cryptocurrency market, offering trading for three different coins. In contrast, Ally Invest does not support cryptocurrency trading or fractional shares, which could be important factors for certain investors.

For retirement planning, both Fidelity and Ally Invest offer traditional and Roth IRA accounts, providing solid options for tax-advantaged retirement savings. Additionally, each platform provides advisor services to assist investors in managing their portfolios. While neither broker offers forex or futures trading, their commitment to serving a diverse customer base remains clear through the comprehensive array of conventional investment pathways and account types available.

Feature Fidelity logoFidelity
Ally Invest logoAlly Invest
Stock Trading info Yes Yes
Margin Trading info Yes Yes
Fractional Shares info Yes No
OTC Stocks info Yes Yes
Mutual Funds info Yes Yes
Options Trading info Yes Yes
Futures Trading info No No
Crypto Trading info Yes No
Crypto Trading - Total Coins info 3 0
Range of Investments 5/5 Stars 4.5/5 Stars

Dive deeper: Best Options Trading Platforms for 2025, Best Futures Trading Platforms for 2025

Trading platforms and tools

When comparing the trading platforms and tools of Fidelity and Ally Invest, Fidelity stands out as the more comprehensive choice for traders. Fidelity offers higher versatility with both Windows and Mac downloadable trading platforms, whereas Ally Invest is limited to a browser-based platform. Fidelity's platform is packed with extensive features like an impressive 92 fields for watch lists and the ability to adjust open orders directly on stock charts—features that Ally Invest lacks. Moreover, Fidelity is highly rated by users, with 4.5 stars compared to Ally Invest's 3 stars, and it ranks higher among industry peers. For most trading enthusiasts, Fidelity emerges as the preferred choice.

Both Fidelity and Ally Invest support browser-based trading platforms, adding accessibility from various devices. However, Fidelity integrates extra functionalities that could appeal to more seasoned traders. It offers a trading journal, which Ally Invest does not, along with 129 technical indicators and 38 drawing tools for chart analysis. In contrast, Ally Invest offers 120 technical indicators and 36 drawing tools. Both brokers allow users to include index overlays and notes on their charts, ensuring that essential features are available to their clients.

Chart customization options are also more feature-rich with Fidelity. Traders at Fidelity can adjust open orders on charts, and track historical trades and corporate events like earnings and dividends over chart timelines. Although Ally Invest enables automated technical analysis and the saving of multiple chart profiles, it falls short in many other areas. Fidelity provides deeper chart insights with custom date ranges and up to 5 customization fields for SMA studies, whereas Ally Invest offers 8 customization fields but still lacks other advanced features like the ability to show historical trades or corporate events. Fidelity also holds a competitive edge in overall platform ranking, being 6 places ahead of Ally Invest according to StockBrokers.com.

Feature Fidelity logoFidelity
Ally Invest logoAlly Invest
Web Trading Platform info Yes Yes
Desktop Trading Platform info Yes No
Desktop Platform (Mac) info Yes No
Paper Trading info No No
Watch Lists - Total Fields info 92 10
Charting - Indicators / Studies info 129 120
Charting - Drawing Tools info 38 36
Platforms & Tools 4.5/5 Stars 3/5 Stars

Dive deeper: 7 Best Brokerage Accounts for 2025, Best Paper Trading Platforms for 2025

Featured Offers


5/5 Stars

Up to $10K on new retirement account*

Beginners and education

Fidelity and Ally Invest both provide learning resources for beginners and investors, including education on stocks, ETFs, options, mutual funds, and bonds. However, when it comes to interactive learning and educational tools, Fidelity stands out. Fidelity offers educational videos, webinars, and quizzes to enhance the learning experience, helping users track their progress as they go. Unfortunately, Ally Invest does not offer these specific resources, which may leave some new investors seeking further support elsewhere.

While neither Fidelity nor Ally Invest offers paper trading for practice, Fidelity's range of educational tools contributes to its 5-star education rating, compared to Ally Invest's 4-star rating. This may explain why StockBrokers.com ranks Fidelity as #2 out of 16 brokers for education, while Ally Invest comes in at #8. For those prioritizing comprehensive learning opportunities and educational support in their trading journey, Fidelity's higher rank and more extensive offerings may provide a more enriching educational experience.

Feature Fidelity logoFidelity
Ally Invest logoAlly Invest
Education (Stocks) info Yes Yes
Education (ETFs) info Yes Yes
Education (Options) info Yes Yes
Education (Mutual Funds) info Yes Yes
Education (Bonds) info Yes Yes
Paper Trading info No No
Videos info Yes No
Webinars info Yes No
Education 5/5 Stars 4/5 Stars

Dive deeper: Best Stock Trading Platforms for Beginners of 2025

Stock trading apps

When comparing Fidelity and Ally Invest for stock trading app capabilities, Fidelity clearly stands out with its extensive features and functionalities. With a top rating of 5 stars and a high ranking of #3 among 16 brokers by StockBrokers.com, Fidelity excels in areas such as mobile after-hours trading, customizable watch lists, streaming quotes, live TV, videos on demand, and extensive charting options. In contrast, Ally Invest, rated 4 stars and ranked #13, offers solid basic features but lacks many advanced options seen in Fidelity's app.

Both Fidelity and Ally Invest provide iPhone and Android apps, ensuring accessibility across major mobile platforms. However, Fidelity extends its reach with an Apple Watch app, enhancing convenience for users on the move. While both apps support mobile options trading and custom watch lists, Fidelity shines with additional capabilities such as streaming quotes, stock alerts, and the ability to customize watch list columns. Furthermore, Fidelity outpaces Ally Invest in technical analysis, offering 119 technical studies for its charting compared to none on Ally's platform.

Charting features further differentiate these apps, with Fidelity allowing for after-hours charting, landscape mode viewing, multiple time frames, and stock comparisons directly on its mobile app. These versatile tools equip traders with comprehensive insights and a customizable experience. Ally Invest, though competent in providing a user-friendly trading environment, lacks the depth of charting functionalities and customization found in Fidelity's offering, making Fidelity the superior choice for those who seek a more feature-rich stock trading app experience.

Feature Fidelity logoFidelity
Ally Invest logoAlly Invest
iPhone App info Yes Yes
Android App info Yes Yes
Apple Watch App info Yes No
Stock Alerts info Yes No
Charting - After-Hours info Yes No
Charting - Technical Studies info 119 0
Mobile Trading Apps 5/5 Stars 4/5 Stars

Dive deeper: Best Stock Trading Apps for 2025

Fees

Both Fidelity and Ally Invest offer competitive options for investors seeking to minimize costs, yet they present different advantages depending on specific trading needs. Fidelity emerges as a favorable choice with its no-fee IRA closures and account transfers, appealing to those who may anticipate these actions. Conversely, Ally Invest excels with its lower per-contract options fee and marginally reduced margin rates for balances below $25,000, making it more attractive for active options traders.

When it comes to stock trading, both brokers stand on equal ground by offering commission-free trades, with no minimum deposit required to open an account. This makes the platforms quite appealing for beginners who wish to start trading without any initial financial barrier.

However, the differences arise in other account fees and charges. While Fidelity offers cost-free account transfers and IRA closures, Ally Invest imposes a $25 fee for closing IRAs and a $50 charge for both partial and full account transfers. On the other hand, Ally Invest offers a more cost-effective option with a lower per-option contract fee of $0.50 compared to Fidelity's $0.65. Additionally, their margin rates slightly differ, reflecting Ally's marginal edge in rates for balances under $25,000, whereas balances between $50,000 and $99,999 see better rates with Ally than with Fidelity.

Feature Fidelity logoFidelity
Ally Invest logoAlly Invest
Minimum Deposit info $0.00 $0.00
Stock Trades info $0.00 $0.00
Options (Per Contract) info $0.65 $0.50
Options Exercise Fee info $0.00 $0.00
Options Assignment Fee info $0.00 $0.00
IRA Annual Fee info $0.00 $0.00
IRA Closure Fee info $0.00 $25.00

Dive deeper: Best Free Trading Platforms for 2025

Day Trading

When evaluating day trading capabilities, Fidelity stands out compared to Ally Invest as it provides a broad range of features catering to active traders. Fidelity offers streaming time and sales for stocks, coupled with streaming live TV, enhancing the trading experience with real-time updates and analysis. Additionally, Fidelity supports direct market routing and trading hotkeys, allowing traders to execute trades swiftly and efficiently. The platform also includes level 2 quotes for better insight into market depth and basic strategy backtesting to fine-tune trading strategies. Last but not least, Fidelity provides a short locator tool for real-time information on share availability for short selling.

In contrast, Ally Invest does not support some of these critical features for day traders. It lacks streaming time and sales, direct market routing, and trading hotkeys. Additionally, Ally Invest offers no level 2 quotes and does not support any form of backtesting. While both platforms do not provide ladder trading, advanced strategy backtesting, or order liquidity rebates, Fidelity’s offerings cater more effectively to the needs of active traders. Consequently, for traders seeking comprehensive tools and features, Fidelity appears to be the more compelling choice over Ally Invest.

Feature Fidelity logoFidelity
Ally Invest logoAlly Invest
Streaming Time & Sales info Yes No
Streaming TV info Yes No
Direct Market Routing - Stocks info Yes No
Level 2 Quotes - Stocks info Yes No
Trade Ideas - Backtesting info Yes No
Trade Ideas - Backtesting Adv info No No
Short Locator info Yes No

Dive deeper: Best Day Trading Platforms for 2025

Market Research

When deciding between Fidelity and Ally Invest for market research capabilities, Fidelity emerges as the stronger option, particularly for those seeking comprehensive and detailed insights. It offers extensive downloadable PDF reports and a broad array of research tools, including ESG data that Ally Invest lacks. While both brokers provide a variety of research options for stocks, ETFs, and bonds, Fidelity's higher rating and ranking affirm its superior offerings in this realm.

Fidelity and Ally Invest both cater to investors looking for a wide range of research opportunities, offering information on stocks, ETFs, mutual funds, and bonds. They also include features like portfolio allocation by asset class and access to stock research using social media sentiment data. However, Fidelity stands out by providing 11 downloadable PDF reports for stocks, alongside materials for ETFs, which Ally Invest does not match. This makes Fidelity a more attractive choice for investors who value in-depth documentation and analysis.

For those interested in using screening tools for generating trade ideas, both brokers offer capabilities in stock and ETF screening. Fidelity offers a more comprehensive suite by also including mutual fund and bond screeners, whereas Ally Invest falls short by not providing a mutual fund screener. Overall, Fidelity is rated 5 stars and ranks as the third-best broker for market research out of 16, while Ally Invest receives a slightly lower rating and ranking, cementing Fidelity's edge for investors prioritizing research depth.

Feature Fidelity logoFidelity
Ally Invest logoAlly Invest
Research - Stocks info Yes Yes
Screener - Stocks info Yes Yes
Research - ETFs info Yes Yes
Screener - ETFs info Yes Yes
Research - Mutual Funds info Yes Yes
Screener - Mutual Funds info Yes No
Research - Bonds info Yes Yes
Screener - Bonds info Yes Yes
Research 5/5 Stars 3.5/5 Stars

Banking

When comparing the banking features of online brokers, Fidelity and Ally Invest offer different capabilities that are important for users looking for comprehensive financial services. Fidelity does not provide checking or savings accounts, whereas Ally Invest covers both, offering users flexible options for daily spending and saving. Both brokers supply debit and credit cards, facilitating straightforward transactions and credit use. In the realm of mortgage loans, both Fidelity and Ally Invest are viable choices, serving clients with their home financing needs. Each also provides access to Certificates of Deposit (CDs), allowing customers to grow their savings with fixed-interest investment opportunities. Overall, Ally Invest presents a more rounded selection of banking services, including essential checking and savings accounts, compared to Fidelity’s more investment-focused offerings.

Feature Fidelity logoFidelity
Ally Invest logoAlly Invest
Checking Accounts info No Yes
Savings Accounts info No Yes
Debit Cards info Yes Yes
Credit Cards info Yes Yes
Mortgage Loans info Yes Yes
CDs info Yes Yes

Dive deeper: Best Bank Accounts for Trading Stocks for 2025

Winner

After opening live accounts and testing 16 of the best online brokers, our research and live account testing finds that Fidelity is better than Ally Invest. Fidelity finished with an overall score of 96.2%, while Ally Invest finished with a score of 80.1%.

Fidelity is a value-driven online broker offering $0 trades, industry-leading research, excellent trading tools and an easy-to-use mobile app.

FAQs

Can you trade cryptocurrency with Fidelity or Ally Invest?

When comparing online brokers, Fidelity now offers crypto trading with access to 3 different coins, while Ally Invest does not provide any crypto trading options, offering 0 coins.

Dive deeper: Best Online Brokers for Crypto Trading in 2025

Does Fidelity or Ally Invest offer IRAs?

Both Fidelity and Ally Invest offer traditional and Roth IRA accounts with no annual fees, but while Fidelity does not charge a fee for closing IRA accounts, Ally Invest imposes a $25 closure fee.

Dive deeper: Best IRA Accounts for 2025

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Compare

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Overall Rating Fidelity Ally Invest
Overall 5/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 4.5/5 Stars
Platforms & Tools 4.5/5 Stars 3/5 Stars
Mobile Trading Apps 5/5 Stars 4/5 Stars
Research 5/5 Stars 3.5/5 Stars
Customer Service 4.5/5 Stars 4/5 Stars
Education 5/5 Stars 4/5 Stars
Ease Of Use 5/5 Stars 4.5/5 Stars
Winner check_circle
Review Fidelity Review Ally Invest Review
Broker Screenshots Fidelity Ally Invest
Trading Platform & Tools Gallery (click to expand)
Research Gallery (click to expand)
Mobile Trading Apps Gallery (click to expand)
Education Gallery (click to expand)
Trading Fees Fidelity Ally Invest
Minimum Deposit info $0.00 $0.00
Stock Trades info $0.00 $0.00
Penny Stock Fees (OTC) info $0.00 $4.95
Mutual Fund Trade Fee info Varies info $0.00
Options (Per Contract) info $0.65 $0.50
Futures (Per Contract) info (Not offered) (Not offered)
Broker Assisted Trade Fee info $32.95 $20
Margin Rates Fidelity Ally Invest
Margin Rate Under $25,000 info 13.075% 13%
Margin Rate $25,000 to $49,999.99 info 12.575% 12.75%
Margin Rate $50,000 to $99,999.99 info 12.125% 12%
Margin Rate $100,000 to $249,999.99 info 11.575% 10.75%
Margin Rate $250,000 to $499,999.99 info 11.325% 9.75%
Margin Rate $500,000 to $999,999.99 info 9.00% 9.25%
Margin Rate Above $1,000,000 info 8.75% 8.5%
Account Fees Fidelity Ally Invest
IRA Annual Fee info $0.00 $0.00
IRA Closure Fee info $0.00 $25.00
Account Transfer Out (Partial) info $0.00 $50.00
Account Transfer Out (Full) info $0.00 $50.00
Options Exercise Fee info $0.00 $0.00
Options Assignment Fee info $0.00 $0.00
Investment Options Fidelity Ally Invest
Stock Trading info Yes Yes
Margin Trading info Yes Yes
Fractional Shares info Yes No
OTC Stocks info Yes Yes
Options Trading info Yes Yes
Complex Options Max Legs info 4 4
Futures Trading info No No
Forex Trading info No No
Crypto Trading info Yes No
Crypto Trading - Total Coins info 3 0
Mutual Funds (No Load) info 5843 13000
Mutual Funds (Total) info 10000 14000
Bonds (US Treasury) info Yes Yes
Bonds (Corporate) info Yes Yes
Bonds (Municipal) info Yes Yes
Traditional IRAs info Yes Yes
Roth IRAs info Yes Yes
Advisor Services info Yes Yes
International Countries (Stocks) info 25 0
Order Types Fidelity Ally Invest
Order Type - Market info Yes Yes
Order Type - Limit info Yes Yes
Order Type - After Hours info Yes Yes
Order Type - Stop info Yes Yes
Order Type - Trailing Stop info Yes No
Order Type - OCO info Yes No
Order Type - OTO info Yes No
Order Type - Broker Assisted info Yes Yes
Beginners Fidelity Ally Invest
Education (Stocks) info Yes Yes
Education (ETFs) info Yes Yes
Education (Options) info Yes Yes
Education (Mutual Funds) info Yes Yes
Education (Bonds) info Yes Yes
Education (Retirement) info Yes Yes
Retirement Calculator info Yes No
Investor Dictionary info Yes Yes
Paper Trading info No No
Videos info Yes No
Webinars info Yes No
Webinars (Archived) info Yes Yes
Progress Tracking info Yes No
Interactive Learning - Quizzes info Yes No
Stock Trading Apps Fidelity Ally Invest
iPhone App info Yes Yes
Android App info Yes Yes
Apple Watch App info Yes No
Trading - Stocks info Yes Yes
Trading - After-Hours info Yes Yes
Trading - Simple Options info Yes Yes
Trading - Complex Options info Yes Yes
Order Ticket RT Quotes info Yes Yes
Order Ticket SRT Quotes info Yes No
Stock App Features Fidelity Ally Invest
Market Movers (Top Gainers) info Yes Yes
Stream Live TV info Yes No
Videos on Demand info Yes No
Stock Alerts info Yes No
Option Chains Viewable info Yes Yes
Watch List (Real-time) info Yes Yes
Watch List (Streaming) info Yes No
Watch Lists - Create & Manage info Yes Yes
Watch Lists - Column Customization info Yes No
Stock App Charting Fidelity Ally Invest
Charting - After-Hours info Yes No
Charting - Can Turn Horizontally info Yes No
Charting - Multiple Time Frames info Yes Yes
Charting - Technical Studies info 119 0
Charting - Study Customizations info Yes No
Charting - Stock Comparisons info Yes No
Trading Platforms Fidelity Ally Invest
Active Trading Platform info Active Trader Pro N/A
Desktop Trading Platform info Yes No
Desktop Platform (Mac) info Yes No
Web Trading Platform info Yes Yes
Paper Trading info No No
Trade Journal info Yes No
Watch Lists - Total Fields info 92 10
Stock Chart Features Fidelity Ally Invest
Charting - Adjust Trades on Chart info Yes No
Charting - Indicators / Studies info 129 120
Charting - Drawing Tools info 38 36
Charting - Notes info Yes Yes
Charting - Index Overlays info Yes Yes
Charting - Historical Trades info Yes No
Charting - Corporate Events info Yes No
Charting - Custom Date Range info Yes No
Charting - Custom Time Bars info Yes No
Charting - Automated Analysis info Yes Yes
Charting - Save Profiles info Yes Yes
Trade Ideas - Technical Analysis info Yes Yes
Charting - Study Customizations info 5 8
Charting - Custom Studies info No No
Day Trading Fidelity Ally Invest
Streaming Time & Sales info Yes No
Streaming TV info Yes No
Direct Market Routing - Stocks info Yes No
Ladder Trading info No No
Trade Hotkeys info Yes No
Level 2 Quotes - Stocks info Yes No
Trade Ideas - Backtesting info Yes No
Trade Ideas - Backtesting Adv info No No
Short Locator info Yes No
Order Liquidity Rebates info No No
Research Overview Fidelity Ally Invest
Research - Stocks info Yes Yes
Research - ETFs info Yes Yes
Research - Mutual Funds info Yes Yes
Research - Pink Sheets / OTCBB info Yes Yes
Research - Bonds info Yes Yes
Screener - Stocks info Yes Yes
Screener - ETFs info Yes Yes
Screener - Mutual Funds info Yes No
Screener - Bonds info Yes Yes
Misc - Portfolio Allocation info Yes Yes
Stock Research Fidelity Ally Invest
Stock Research - PDF Reports info 11 0
Stock Research - Earnings info Yes No
Stock Research - Insiders info Yes Yes
Stock Research - Social info Yes Yes
Stock Research - News info Yes Yes
Stock Research - ESG info Yes No
Stock Research - SEC Filings info Yes No
ETF Research Fidelity Ally Invest
ETFs - Strategy Overview info Yes Yes
ETF Fund Facts - Inception Date info Yes No
ETF Fund Facts - Expense Ratio info Yes Yes
ETF Fund Facts - Net Assets info Yes Yes
ETF Fund Facts - Total Holdings info Yes No
ETFs - Top 10 Holdings info Yes Yes
ETFs - Sector Exposure info Yes No
ETFs - Risk Analysis info Yes No
ETFs - Ratings info Yes Yes
ETFs - Morningstar StyleMap info Yes No
ETFs - PDF Reports info Yes No
Mutual Fund Research Fidelity Ally Invest
Mutual Funds - Strategy Overview info Yes Yes
Mutual Funds - Performance Chart info Yes Yes
Mutual Funds - Performance Analysis info Yes No
Mutual Funds - Prospectus info Yes No
Mutual Funds - 3rd Party Ratings info Yes Yes
Mutual Funds - Fees Breakdown info Yes No
Mutual Funds - Top 10 Holdings info Yes Yes
Mutual Funds - Asset Allocation info Yes No
Mutual Funds - Sector Allocation info Yes Yes
Mutual Funds - Country Allocation info Yes No
Mutual Funds - StyleMap info Yes No
Options Trading Fidelity Ally Invest
Option Chains - Basic View info Yes Yes
Option Chains - Strategy View info Yes Yes
Option Chains - Streaming info Yes Yes
Option Chains - Total Columns info 26 8
Option Chains - Greeks info 5 5
Option Chains - Quick Analysis info Yes Yes
Option Analysis - P&L Charts info Yes No
Option Probability Analysis info Yes Yes
Option Probability Analysis Adv info Yes No
Option Positions - Greeks info Yes Yes
Option Positions - Greeks Streaming info Yes No
Option Positions - Adv Analysis info Yes No
Option Positions - Rolling info Yes No
Option Positions - Grouping info Yes Yes
Banking Fidelity Ally Invest
Bank (Member FDIC) info No Yes
Checking Accounts info No Yes
Savings Accounts info No Yes
Credit Cards info Yes Yes
Debit Cards info Yes Yes
Mortgage Loans info Yes Yes
Customer Service Fidelity Ally Invest
Phone Support (Prospect Customers) info Yes Yes
Phone Support (Current Customers) info Yes Yes
Email Support info Yes Yes
Live Chat (Prospect Customers) info Yes No
Live Chat (Current Customers) info Yes Yes
24/7 Support info Yes Yes
Overall Fidelity Ally Invest
Overall 5/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 4.5/5 Stars
Platforms & Tools 4.5/5 Stars 3/5 Stars
Mobile Trading Apps 5/5 Stars 4/5 Stars
Research 5/5 Stars 3.5/5 Stars
Education 5/5 Stars 4/5 Stars
Ease Of Use 5/5 Stars 4.5/5 Stars
Winner check_circle
Review Fidelity Review Ally Invest Review
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