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Webull vs Ally Invest 2025

StockBrokers.com

Written by StockBrokers.com

March 11, 2025

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

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

Range of investments

When deciding between Webull and Ally Invest for your investment needs, both platforms bring notable strengths to the table, though their offerings differ in a few key areas. Webull stands out with its fractional shares and access to futures trading, making it a fitting choice for those interested in these specific markets. On the other hand, Ally Invest shines with its traditional mutual fund options and advisor services, appealing to investors seeking these features. Rated 4 stars for its range of investments, Webull ranks #11, whereas Ally Invest scores slightly higher with a 4.5-star rating, positioned at #8 by StockBrokers.com.

Both Webull and Ally Invest offer comprehensive stock and options trading, alongside margin and OTC stocks trading, satisfying the needs of many active traders. However, a critical distinction is that Webull offers fractional shares trading, allowing investors to purchase smaller portions of high-priced stocks, a feature Ally Invest does not provide. This can be particularly advantageous for new or small-scale investors seeking diversification without significant capital.

Both platforms offer traditional and Roth IRA accounts, catering to those planning their retirement strategies. Despite some overlapping features, Ally Invest takes a step further with mutual funds and advisor services, potentially offering more comprehensive guidance and investment strategies for long-term planning. However, neither platform supports direct cryptocurrency trading, which could influence investors interested in digital currencies. Choosing between Webull and Ally Invest ultimately depends on your individual investment preferences and priorities.

Feature Webull logoWebull
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 No Yes
Options Trading info Yes Yes
Futures Trading info Yes No
Crypto Trading info No No
Crypto Trading - Total Coins info 0 0
Range of Investments 4/5 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 Webull and Ally Invest, Webull stands out with more comprehensive trading platform options and advanced tools, making it a preferred choice for many traders. Webull offers a downloadable trading platform both for Windows and Mac users, whereas Ally Invest lacks this capability. Both brokers provide browser-based platforms, but only Webull offers paper trading for practice without risk. For those seeking flexibility and customization in their trading experience, Webull’s higher rating for its platforms and tools—4 stars compared to Ally Invest’s 3—reflects a broader array of features and functionalities.

Webull and Ally Invest both offer notable charting capabilities, yet their features differ. Webull allows traders to handle open orders directly on stock charts and supports showing historical trades and corporate events on charts—features absent in Ally Invest. Though Ally Invest surpasses Webull with 120 technical indicators and 36 drawing tools compared to Webull's 52 indicators and 19 tools, Webull provides the advantage of creating custom studies for charts, catering to traders who prefer a tailored approach. Both platforms support chart notes, index overlays, automated technical analysis, and saving multiple chart profiles, ensuring comprehensive analysis capabilities.

For watchlists, Webull offers 35 columns or fields, significantly more than Ally Invest’s 10, enabling greater customization. While neither platform provides a built-in trading journal, the ability to adjust tools and features to personal trading styles is a strength of both brokers. Despite Ally Invest having more SMA study customization fields, Webull's ability to create custom studies enhances analytic versatility, appealing to those who thrive on sophisticated charting and technical analysis tools. Overall, Webull ranks higher at 7th place compared to Ally Invest’s 10th in StockBrokers.com's assessments of trading platforms and tools among 15 brokers.

Feature Webull logoWebull
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 Yes No
Watch Lists - Total Fields info 35 10
Charting - Indicators / Studies info 52 120
Charting - Drawing Tools info 19 36
Platforms & Tools 4/5 Stars 3/5 Stars

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

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Beginners and education

When it comes to educating beginner investors, both Webull and Ally Invest provide a solid foundation in stock, ETF, and options education. However, Ally Invest takes an additional step by offering resources on mutual funds and bonds, areas where Webull falls short. Despite this, Webull compensates for these gaps by providing engaging educational content via videos, webinars, and quizzes—features that Ally Invest lacks. This variety in learning tools, coupled with the ability to track your progress, makes Webull a strong contender in the digital education space. Additionally, Webull's paper trading feature allows beginners to practice trading in real market conditions without financial risk, a feature not found with Ally Invest.

In terms of ratings, both platforms secure a commendable 4-star score for their educational offerings. Yet, StockBrokers.com ranks Ally Invest higher, placing it at the 8th spot out of 15 brokers compared, while Webull holds the 11th position. However, these rankings may not fully capture the interactive learning experience offered by Webull, making it a potentially more appealing choice for tech-savvy beginners looking to actively engage in their educational journey. Ultimately, both platforms have their unique strengths, with Ally Invest leaning towards more traditional content offerings, while Webull shines with innovative learning tools.

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

Dive deeper: Best Stock Trading Platforms for Beginners of 2025

Stock trading apps

When comparing Webull and Ally Invest for their stock trading app features, Webull stands out as the more dynamic choice for users seeking a rich mobile trading experience. With top ratings of 4.5 stars and a ranking of #5 out of 15 brokers by StockBrokers.com, Webull outperforms Ally Invest's 4-star rating and #13 ranking. Webull's app supports both iPhone and Android devices, as well as the Apple Watch, whereas Ally Invest only offers apps for iPhone and Android. Webull also provides advanced features like mobile after-hours trading, stock alerts, and the ability to view charts in landscape mode, edges that Ally Invest lacks.

Both platforms provide mobile options trading and the ability to create custom watch lists, ensuring that traders can personalize their portfolios to suit individual preferences. However, a notable difference lies in their charting capabilities: Webull offers after-hours charting, viewing multiple time frames, and an impressive arsenal of 56 technical studies for chart analysis, enabling more informed trading decisions. In contrast, Ally Invest offers no technical studies and lacks the ability to display stock comparisons on charts, putting it at a disadvantage for in-depth market analysis.

While both apps lack streaming live TV and video on demand, Webull's inclusion of streaming quotes and its broader range of charting options presents a stronger proposition for users keen on utilizing detailed market data for trading. Ultimately, for users who prioritize comprehensive market analysis alongside mobile trading flexibility, Webull's app provides a more robust toolset compared to Ally Invest's more basic mobile trading app features.

Feature Webull logoWebull
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 56 0
Mobile Trading Apps 4.5/5 Stars 4/5 Stars

Dive deeper: Best Stock Trading Apps for 2025

Fees

When comparing the account fees and other charges of Webull and Ally Invest, both platforms offer competitive advantages but cater to slightly different needs. Webull and Ally Invest both require no minimum deposit, making them easy to access for investors of all levels. They also offer commission-free trading for regular stocks. However, when it comes to options trading, Webull leads with no per-contract fees, whereas Ally Invest charges $0.50. Those interested in margin trading will find Webull's rates more attractive across all balance tiers, with Ally Invest being noticeably higher. Additionally, Webull doesn't charge fees for closing IRAs, though they do have higher fees on account transfers compared to Ally Invest.

Webull and Ally Invest both excel in areas like no minimum deposit and stock trading fees, aligning with the trend of cost-effective online trading. What sets them apart most significantly is their approach to options trading and margin balance rates. Webull’s $0.00 charge per options contract provides an edge for active options traders, while Ally Invest’s higher margin interest could sway potential margin traders towards Webull. Despite both platforms providing free IRA annual management, Webull continues to distance itself by not imposing fees for IRA closure, a slight edge over Ally.

One aspect where Ally Invest edges out Webull is in its lower fees for account transfers—charging $50.00 for both partial and full transfers, compared to Webull's $75.00 fee in both cases. This could be a deciding factor for those who frequently move their assets. Both platforms charge nothing for options exercise and assignment, accommodating users who trade options frequently. Ultimately, traders looking for zero-cost or low-cost trading solutions will find both services competitive, though specific priorities like margin costs or options trading fees could determine which platform meets individual needs better.

Feature Webull logoWebull
Ally Invest logoAlly Invest
Minimum Deposit info $0.00 $0.00
Stock Trades info $0.00 $0.00
Options (Per Contract) info $0.00 $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 comparing Webull and Ally Invest for day trading, Webull appears to have the edge over Ally Invest due to its range of features catering to active traders. Webull provides streaming time and sales data for stocks, allowing traders to stay updated with the latest market movements, a feature absent in Ally Invest. Additionally, Webull supports ladder trading, which helps traders view market depth, and offers trading hotkeys for faster keyboard trade entry, features not available with Ally Invest. Webull also includes access to level 2 quotes, providing deeper insight into stock pricing, a critical component for day traders, whereas Ally Invest lacks these offerings.

Both platforms do not provide streaming live TV, direct market routing, strategy backtesting, a short locator tool, or order liquidity rebates, which means traders relying on these services might need to seek elsewhere. However, for those prioritizing immediate trade execution tools, Webull stands out as a more suitable choice for day trading compared to Ally Invest, especially given the absence of some key trading features on Ally's platform.

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

Dive deeper: Best Day Trading Platforms for 2025

Market Research

When comparing Webull and Ally Invest for market research, Ally Invest takes a slight edge with more comprehensive offerings, such as mutual funds and bond research, which are unavailable on Webull. While both platforms provide stock and ETFs research, as well as innovative tools like stock research using social media sentiment data, Ally Invest adds a layer of depth by also offering insights into portfolio allocation by asset class and a bond screener for investment ideas. These features contribute to Ally Invest's 3.5-star rating for market research compared to Webull’s 2.5-star rating.

Both Webull and Ally Invest give investors crucial tools such as stock research and social media sentiment data, but Webull lacks in certain areas like mutual funds and bond research, where Ally Invest has a clear advantage. Additionally, neither platform provides downloadable PDF research reports for stocks or ETFs, which may be a consideration for traders who value this feature. However, both platforms do offer stock screeners for trade ideas, ensuring users have access to essential resources for making informed trading decisions.

For those interested in ETFs and mutual funds screeners, it is noteworthy that only Ally Invest offers a screener for ETFs trade ideas. Webull, by contrast, lacks in this area but does support research and trading of pink sheets and OTCBB securities, which may appeal to certain investors. Webull and Ally Invest are ranked #9 and #8, respectively, by StockBrokers.com for their market research, positioning Ally Invest slightly ahead in this specific comparison.

Feature Webull logoWebull
Ally Invest logoAlly Invest
Research - Stocks info Yes Yes
Screener - Stocks info Yes Yes
Research - ETFs info Yes Yes
Screener - ETFs info No Yes
Research - Mutual Funds info No Yes
Screener - Mutual Funds info No No
Research - Bonds info No Yes
Screener - Bonds info No Yes
Research 2.5/5 Stars 3.5/5 Stars

Banking

When comparing the banking capabilities of online brokers, Webull and Ally Invest have distinct offerings. Webull does not provide traditional banking services such as checking or savings accounts, debit or credit cards, or mortgage loans. Additionally, Webull does not offer Certificates of Deposit (CDs). On the other hand, Ally Invest offers a broad range of banking services, including checking and savings accounts, and they also provide customers with debit and credit cards. Furthermore, Ally Invest offers mortgage loans and the option to invest in CDs, giving users comprehensive banking options that integrate with their investment activities.

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

Dive deeper: Best Bank Accounts for Trading Stocks for 2025

Winner

After opening live accounts and testing 15 of the best online brokers, our research and live account testing finds that Webull is better than Ally Invest. Webull finished with an overall score of 81.0%, while Ally Invest finished with a score of 80.1%.

Webull is an excellent choice for beginning and intermediate traders. The user experience is outstanding, and Webull has better charts than its natural competitor, Robinhood. Options contracts are commission-free, but crypto markups and markdowns are on the high side. Experienced investors may eventually miss the features, research, and investment choices available at leading brokers.

FAQs

Can you trade cryptocurrency with Webull or Ally Invest?

Webull and Ally Invest both do not offer crypto trading, with neither platform supporting any coins.

Dive deeper: Best Online Brokers for Crypto Trading in 2025

Does Webull or Ally Invest offer IRAs?

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

Dive deeper: Best IRA Accounts for 2025

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Compare

0 of 5
Overall Rating Webull Ally Invest
Overall 4/5 Stars 4/5 Stars
Range of Investments 4/5 Stars 4.5/5 Stars
Platforms & Tools 4/5 Stars 3/5 Stars
Mobile Trading Apps 4.5/5 Stars 4/5 Stars
Research 2.5/5 Stars 3.5/5 Stars
Customer Service 3/5 Stars 4/5 Stars
Education 4/5 Stars 4/5 Stars
Ease Of Use 4.5/5 Stars 4.5/5 Stars
Winner check_circle
Review Webull Review Ally Invest Review
Broker Screenshots Webull 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 Webull Ally Invest
Minimum Deposit info $0.00 $0.00
Stock Trades info $0.00 $0.00
Penny Stock Fees (OTC) info N/A $4.95
Mutual Fund Trade Fee info N/A $0.00
Options (Per Contract) info $0.00 $0.50
Futures (Per Contract) info $1.25 info (Not offered)
Broker Assisted Trade Fee info N/A $20
Margin Rates Webull Ally Invest
Margin Rate Under $25,000 info 9.24% 13%
Margin Rate $25,000 to $49,999.99 info 8.74% 12.75%
Margin Rate $50,000 to $99,999.99 info 8.24% 12%
Margin Rate $100,000 to $249,999.99 info 7.74% 10.75%
Margin Rate $250,000 to $499,999.99 info 7.74% 9.75%
Margin Rate $500,000 to $999,999.99 info 6.74% 9.25%
Margin Rate Above $1,000,000 info 6.24% info 8.5%
Account Fees Webull Ally Invest
IRA Annual Fee info $0.00 $0.00
IRA Closure Fee info $0.00 $25.00
Account Transfer Out (Partial) info $75.00 $50.00
Account Transfer Out (Full) info $75.00 $50.00
Options Exercise Fee info $0.00 $0.00
Options Assignment Fee info $0.00 $0.00
Investment Options Webull 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 Yes No
Forex Trading info No No
Crypto Trading info No No
Crypto Trading - Total Coins info 0 0
Mutual Funds (No Load) info 0 13000
Mutual Funds (Total) info 0 14000
Bonds (US Treasury) info No Yes
Bonds (Corporate) info No Yes
Bonds (Municipal) info No Yes
Traditional IRAs info Yes Yes
Roth IRAs info Yes Yes
Advisor Services info No Yes
International Countries (Stocks) info 0 0
Order Types Webull 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 No Yes
Beginners Webull Ally Invest
Education (Stocks) info Yes Yes
Education (ETFs) info Yes Yes
Education (Options) info Yes Yes
Education (Mutual Funds) info No Yes
Education (Bonds) info No Yes
Education (Retirement) info No Yes
Retirement Calculator info No No
Investor Dictionary info Yes Yes
Paper Trading info Yes 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 Webull 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 Webull Ally Invest
Market Movers (Top Gainers) info Yes Yes
Stream Live TV info No No
Videos on Demand info No 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 No No
Stock App Charting Webull 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 56 0
Charting - Study Customizations info Yes No
Charting - Stock Comparisons info Yes No
Trading Platforms Webull Ally Invest
Active Trading Platform info N/A N/A
Desktop Trading Platform info Yes No
Desktop Platform (Mac) info Yes No
Web Trading Platform info Yes Yes
Paper Trading info Yes No
Trade Journal info No No
Watch Lists - Total Fields info 35 10
Stock Chart Features Webull Ally Invest
Charting - Adjust Trades on Chart info Yes No
Charting - Indicators / Studies info 52 120
Charting - Drawing Tools info 19 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 No No
Charting - Custom Time Bars info No No
Charting - Automated Analysis info Yes Yes
Charting - Save Profiles info Yes Yes
Trade Ideas - Technical Analysis info No Yes
Charting - Study Customizations info 2 8
Charting - Custom Studies info Yes No
Day Trading Webull Ally Invest
Streaming Time & Sales info Yes No
Streaming TV info No No
Direct Market Routing - Stocks info No No
Ladder Trading info Yes No
Trade Hotkeys info Yes No
Level 2 Quotes - Stocks info Yes No
Trade Ideas - Backtesting info No No
Trade Ideas - Backtesting Adv info No No
Short Locator info No No
Order Liquidity Rebates info No No
Research Overview Webull Ally Invest
Research - Stocks info Yes Yes
Research - ETFs info Yes Yes
Research - Mutual Funds info No Yes
Research - Pink Sheets / OTCBB info Yes Yes
Research - Bonds info No Yes
Screener - Stocks info Yes Yes
Screener - ETFs info No Yes
Screener - Mutual Funds info No No
Screener - Bonds info No Yes
Misc - Portfolio Allocation info No Yes
Stock Research Webull Ally Invest
Stock Research - PDF Reports info 0 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 No No
Stock Research - SEC Filings info Yes No
ETF Research Webull 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 No No
ETFs - Ratings info Yes Yes
ETFs - Morningstar StyleMap info No No
ETFs - PDF Reports info No No
Mutual Fund Research Webull Ally Invest
Mutual Funds - Strategy Overview info No Yes
Mutual Funds - Performance Chart info No Yes
Mutual Funds - Performance Analysis info No No
Mutual Funds - Prospectus info No No
Mutual Funds - 3rd Party Ratings info No Yes
Mutual Funds - Fees Breakdown info No No
Mutual Funds - Top 10 Holdings info Yes Yes
Mutual Funds - Asset Allocation info No No
Mutual Funds - Sector Allocation info No Yes
Mutual Funds - Country Allocation info No No
Mutual Funds - StyleMap info No No
Options Trading Webull Ally Invest
Option Chains - Basic View info Yes Yes
Option Chains - Strategy View info Yes Yes
Option Chains - Streaming info No Yes
Option Chains - Total Columns info 23 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 No No
Option Positions - Adv Analysis info No No
Option Positions - Rolling info Yes No
Option Positions - Grouping info No Yes
Banking Webull Ally Invest
Bank (Member FDIC) info No Yes
Checking Accounts info No Yes
Savings Accounts info No Yes
Credit Cards info No Yes
Debit Cards info No Yes
Mortgage Loans info No Yes
Customer Service Webull 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 No No
Live Chat (Current Customers) info No Yes
24/7 Support info No Yes
Overall Webull Ally Invest
Overall 4/5 Stars 4/5 Stars
Range of Investments 4/5 Stars 4.5/5 Stars
Platforms & Tools 4/5 Stars 3/5 Stars
Mobile Trading Apps 4.5/5 Stars 4/5 Stars
Research 2.5/5 Stars 3.5/5 Stars
Education 4/5 Stars 4/5 Stars
Ease Of Use 4.5/5 Stars 4.5/5 Stars
Winner check_circle
Review Webull Review Ally Invest Review
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