Webull vs Ally Invest 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.
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.
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 |
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Stock Trading | Yes | Yes |
Margin Trading | Yes | Yes |
Fractional Shares | Yes | No |
OTC Stocks | Yes | Yes |
Mutual Funds | No | Yes |
Options Trading | Yes | Yes |
Futures Trading | Yes | No |
Crypto Trading | No | No |
Crypto Trading - Total Coins | 0 | 0 |
Range of Investments |
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Dive deeper: Best Options Trading Platforms for 2025, Best Futures Trading Platforms for 2025
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 |
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Web Trading Platform | Yes | Yes |
Desktop Trading Platform | Yes | No |
Desktop Platform (Mac) | Yes | No |
Paper Trading | Yes | No |
Watch Lists - Total Fields | 35 | 10 |
Charting - Indicators / Studies | 52 | 120 |
Charting - Drawing Tools | 19 | 36 |
Platforms & Tools |
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Dive deeper: Best Online Brokerage Accounts for 2025, Best Paper Trading Platforms for 2025
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 |
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Education (Stocks) | Yes | Yes |
Education (ETFs) | Yes | Yes |
Education (Options) | Yes | Yes |
Education (Mutual Funds) | No | Yes |
Education (Bonds) | No | Yes |
Paper Trading | Yes | No |
Videos | Yes | No |
Webinars | Yes | No |
Education |
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Dive deeper: Best Stock Trading Platforms for Beginners of 2025
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 |
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iPhone App | Yes | Yes |
Android App | Yes | Yes |
Apple Watch App | Yes | No |
Stock Alerts | Yes | No |
Charting - After-Hours | Yes | No |
Charting - Technical Studies | 56 | 0 |
Mobile Trading Apps |
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Dive deeper: Best Stock Trading Apps for 2025
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 |
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Minimum Deposit | $0.00 | $0.00 |
Stock Trades | $0.00 | $0.00 |
Options (Per Contract) | $0.00 | $0.50 |
Options Exercise Fee | $0.00 | $0.00 |
Options Assignment Fee | $0.00 | $0.00 |
IRA Annual Fee | $0.00 | $0.00 |
IRA Closure Fee | $0.00 | $25.00 |
Dive deeper: Best Free Trading Platforms for 2025
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 |
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Streaming Time & Sales | Yes | No |
Streaming TV | No | No |
Direct Market Routing - Stocks | No | No |
Level 2 Quotes - Stocks | Yes | No |
Trade Ideas - Backtesting | No | No |
Trade Ideas - Backtesting Adv | No | No |
Short Locator | No | No |
Dive deeper: Best Day Trading Platforms for 2025
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 |
|
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Research - Stocks | Yes | Yes |
Screener - Stocks | Yes | Yes |
Research - ETFs | Yes | Yes |
Screener - ETFs | No | Yes |
Research - Mutual Funds | No | Yes |
Screener - Mutual Funds | No | No |
Research - Bonds | No | Yes |
Screener - Bonds | No | Yes |
Research |
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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 |
|
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Checking Accounts | No | Yes |
Savings Accounts | No | Yes |
Debit Cards | No | Yes |
Credit Cards | No | Yes |
Mortgage Loans | No | Yes |
CDs | No | Yes |
Dive deeper: Best Bank Accounts for Trading Stocks for 2025
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.
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
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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0 of 5Overall Rating | Webull | Ally Invest | |
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Platforms & Tools |
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Mobile Trading Apps |
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Research |
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Customer Service |
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Education |
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Ease Of Use |
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Winner | check_circle | ||
Review | Webull Review | Ally Invest Review |
Broker Screenshots | Webull | Ally Invest | |
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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 | |
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Minimum Deposit | $0.00 | $0.00 | |
Stock Trades | $0.00 | $0.00 | |
Penny Stock Fees (OTC) | N/A | $4.95 | |
Mutual Fund Trade Fee | N/A | $0.00 | |
Options (Per Contract) | $0.00 | $0.50 | |
Futures (Per Contract) | $1.25 | (Not offered) | |
Broker Assisted Trade Fee | N/A | $20 |
Margin Rates | Webull | Ally Invest | |
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Margin Rate Under $25,000 | 9.24% | 13% | |
Margin Rate $25,000 to $49,999.99 | 8.74% | 12.75% | |
Margin Rate $50,000 to $99,999.99 | 8.24% | 12% | |
Margin Rate $100,000 to $249,999.99 | 7.74% | 10.75% | |
Margin Rate $250,000 to $499,999.99 | 7.74% | 9.75% | |
Margin Rate $500,000 to $999,999.99 | 6.74% | 9.25% | |
Margin Rate Above $1,000,000 | 6.24% | 8.5% |
Account Fees | Webull | Ally Invest | |
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IRA Annual Fee | $0.00 | $0.00 | |
IRA Closure Fee | $0.00 | $25.00 | |
Account Transfer Out (Partial) | $75.00 | $50.00 | |
Account Transfer Out (Full) | $75.00 | $50.00 | |
Options Exercise Fee | $0.00 | $0.00 | |
Options Assignment Fee | $0.00 | $0.00 |
Investment Options | Webull | Ally Invest | |
---|---|---|---|
Stock Trading | Yes | Yes | |
Margin Trading | Yes | Yes | |
Fractional Shares | Yes | No | |
OTC Stocks | Yes | Yes | |
Options Trading | Yes | Yes | |
Complex Options Max Legs | 4 | 4 | |
Futures Trading | Yes | No | |
Forex Trading | No | No | |
Crypto Trading | No | No | |
Crypto Trading - Total Coins | 0 | 0 | |
Mutual Funds (No Load) | 0 | 13000 | |
Mutual Funds (Total) | 0 | 14000 | |
Bonds (US Treasury) | No | Yes | |
Bonds (Corporate) | No | Yes | |
Bonds (Municipal) | No | Yes | |
Traditional IRAs | Yes | Yes | |
Roth IRAs | Yes | Yes | |
Advisor Services | No | Yes | |
International Countries (Stocks) | 0 | 0 |
Order Types | Webull | Ally Invest | |
---|---|---|---|
Order Type - Market | Yes | Yes | |
Order Type - Limit | Yes | Yes | |
Order Type - After Hours | Yes | Yes | |
Order Type - Stop | Yes | Yes | |
Order Type - Trailing Stop | Yes | No | |
Order Type - OCO | Yes | No | |
Order Type - OTO | Yes | No | |
Order Type - Broker Assisted | No | Yes |
Beginners | Webull | Ally Invest | |
---|---|---|---|
Education (Stocks) | Yes | Yes | |
Education (ETFs) | Yes | Yes | |
Education (Options) | Yes | Yes | |
Education (Mutual Funds) | No | Yes | |
Education (Bonds) | No | Yes | |
Education (Retirement) | No | Yes | |
Retirement Calculator | No | No | |
Investor Dictionary | Yes | Yes | |
Paper Trading | Yes | No | |
Videos | Yes | No | |
Webinars | Yes | No | |
Webinars (Archived) | Yes | Yes | |
Progress Tracking | Yes | No | |
Interactive Learning - Quizzes | Yes | No |
Stock Trading Apps | Webull | Ally Invest | |
---|---|---|---|
iPhone App | Yes | Yes | |
Android App | Yes | Yes | |
Apple Watch App | Yes | No | |
Trading - Stocks | Yes | Yes | |
Trading - After-Hours | Yes | Yes | |
Trading - Simple Options | Yes | Yes | |
Trading - Complex Options | Yes | Yes | |
Order Ticket RT Quotes | Yes | Yes | |
Order Ticket SRT Quotes | Yes | No |
Stock App Features | Webull | Ally Invest | |
---|---|---|---|
Market Movers (Top Gainers) | Yes | Yes | |
Stream Live TV | No | No | |
Videos on Demand | No | No | |
Stock Alerts | Yes | No | |
Option Chains Viewable | Yes | Yes | |
Watch List (Real-time) | Yes | Yes | |
Watch List (Streaming) | Yes | No | |
Watch Lists - Create & Manage | Yes | Yes | |
Watch Lists - Column Customization | No | No |
Stock App Charting | Webull | Ally Invest | |
---|---|---|---|
Charting - After-Hours | Yes | No | |
Charting - Can Turn Horizontally | Yes | No | |
Charting - Multiple Time Frames | Yes | Yes | |
Charting - Technical Studies | 56 | 0 | |
Charting - Study Customizations | Yes | No | |
Charting - Stock Comparisons | Yes | No |
Trading Platforms | Webull | Ally Invest | |
---|---|---|---|
Active Trading Platform | N/A | N/A | |
Desktop Trading Platform | Yes | No | |
Desktop Platform (Mac) | Yes | No | |
Web Trading Platform | Yes | Yes | |
Paper Trading | Yes | No | |
Trade Journal | No | No | |
Watch Lists - Total Fields | 35 | 10 |
Stock Chart Features | Webull | Ally Invest | |
---|---|---|---|
Charting - Adjust Trades on Chart | Yes | No | |
Charting - Indicators / Studies | 52 | 120 | |
Charting - Drawing Tools | 19 | 36 | |
Charting - Notes | Yes | Yes | |
Charting - Index Overlays | Yes | Yes | |
Charting - Historical Trades | Yes | No | |
Charting - Corporate Events | Yes | No | |
Charting - Custom Date Range | No | No | |
Charting - Custom Time Bars | No | No | |
Charting - Automated Analysis | Yes | Yes | |
Charting - Save Profiles | Yes | Yes | |
Trade Ideas - Technical Analysis | No | Yes | |
Charting - Study Customizations | 2 | 8 | |
Charting - Custom Studies | Yes | No |
Day Trading | Webull | Ally Invest | |
---|---|---|---|
Streaming Time & Sales | Yes | No | |
Streaming TV | No | No | |
Direct Market Routing - Stocks | No | No | |
Ladder Trading | Yes | No | |
Trade Hotkeys | Yes | No | |
Level 2 Quotes - Stocks | Yes | No | |
Trade Ideas - Backtesting | No | No | |
Trade Ideas - Backtesting Adv | No | No | |
Short Locator | No | No | |
Order Liquidity Rebates | No | No |
Research Overview | Webull | Ally Invest | |
---|---|---|---|
Research - Stocks | Yes | Yes | |
Research - ETFs | Yes | Yes | |
Research - Mutual Funds | No | Yes | |
Research - Pink Sheets / OTCBB | Yes | Yes | |
Research - Bonds | No | Yes | |
Screener - Stocks | Yes | Yes | |
Screener - ETFs | No | Yes | |
Screener - Mutual Funds | No | No | |
Screener - Bonds | No | Yes | |
Misc - Portfolio Allocation | No | Yes |
Stock Research | Webull | Ally Invest | |
---|---|---|---|
Stock Research - PDF Reports | 0 | 0 | |
Stock Research - Earnings | Yes | No | |
Stock Research - Insiders | Yes | Yes | |
Stock Research - Social | Yes | Yes | |
Stock Research - News | Yes | Yes | |
Stock Research - ESG | No | No | |
Stock Research - SEC Filings | Yes | No |
ETF Research | Webull | Ally Invest | |
---|---|---|---|
ETFs - Strategy Overview | Yes | Yes | |
ETF Fund Facts - Inception Date | Yes | No | |
ETF Fund Facts - Expense Ratio | Yes | Yes | |
ETF Fund Facts - Net Assets | Yes | Yes | |
ETF Fund Facts - Total Holdings | Yes | No | |
ETFs - Top 10 Holdings | Yes | Yes | |
ETFs - Sector Exposure | Yes | No | |
ETFs - Risk Analysis | No | No | |
ETFs - Ratings | Yes | Yes | |
ETFs - Morningstar StyleMap | No | No | |
ETFs - PDF Reports | No | No |
Mutual Fund Research | Webull | Ally Invest | |
---|---|---|---|
Mutual Funds - Strategy Overview | No | Yes | |
Mutual Funds - Performance Chart | No | Yes | |
Mutual Funds - Performance Analysis | No | No | |
Mutual Funds - Prospectus | No | No | |
Mutual Funds - 3rd Party Ratings | No | Yes | |
Mutual Funds - Fees Breakdown | No | No | |
Mutual Funds - Top 10 Holdings | Yes | Yes | |
Mutual Funds - Asset Allocation | No | No | |
Mutual Funds - Sector Allocation | No | Yes | |
Mutual Funds - Country Allocation | No | No | |
Mutual Funds - StyleMap | No | No |
Options Trading | Webull | Ally Invest | |
---|---|---|---|
Option Chains - Basic View | Yes | Yes | |
Option Chains - Strategy View | Yes | Yes | |
Option Chains - Streaming | No | Yes | |
Option Chains - Total Columns | 23 | 8 | |
Option Chains - Greeks | 5 | 5 | |
Option Chains - Quick Analysis | Yes | Yes | |
Option Analysis - P&L Charts | Yes | No | |
Option Probability Analysis | Yes | Yes | |
Option Probability Analysis Adv | Yes | No | |
Option Positions - Greeks | Yes | Yes | |
Option Positions - Greeks Streaming | No | No | |
Option Positions - Adv Analysis | No | No | |
Option Positions - Rolling | Yes | No | |
Option Positions - Grouping | No | Yes |
Banking | Webull | Ally Invest | |
---|---|---|---|
Bank (Member FDIC) | No | Yes | |
Checking Accounts | No | Yes | |
Savings Accounts | No | Yes | |
Credit Cards | No | Yes | |
Debit Cards | No | Yes | |
Mortgage Loans | No | Yes |
Customer Service | Webull | Ally Invest | |
---|---|---|---|
Phone Support (Prospect Customers) | Yes | Yes | |
Phone Support (Current Customers) | Yes | Yes | |
Email Support | Yes | Yes | |
Live Chat (Prospect Customers) | No | No | |
Live Chat (Current Customers) | No | Yes | |
24/7 Support | No | Yes |
Overall | Webull | Ally Invest | |
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Overall |
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Range of Investments |
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Platforms & Tools |
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Mobile Trading Apps |
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Research |
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Education |
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Ease Of Use |
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Winner | check_circle | ||
Review | Webull Review | Ally Invest Review |