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Fidelity vs Ally Invest 2025

StockBrokers.com

Written by StockBrokers.com

September 17, 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 a comprehensive range of investment options, both Fidelity and Ally Invest present solid choices, with Fidelity slightly edging out. Fidelity accommodates a broader investment landscape, particularly with its offerings in fractional shares and cryptocurrency trading, including access to three coins. While both platforms cater to traditional and Roth IRA accounts and offer services such as stock, margin, and options trading, Fidelity's broader scope earns it a five-star rating for its range of investments. In comparison, Ally Invest garners a respectable 4.5 stars, holding a strong, albeit more limited, array of investment options. StockBrokers.com ranks Fidelity 3rd out of 14 brokers for the range of investments, while Ally Invest is ranked 8th, highlighting Fidelity's slight advantage in variety.

Fidelity and Ally Invest both support stock and margin trading, providing investors with essential tools for building and managing diverse portfolios. However, investors interested in exploring fractional shares will find Fidelity a more accommodating platform, as Ally Invest does not offer this feature. Mutual funds and OTC stock trading are accessible on both platforms, catering to both novice and seasoned investors seeking varied asset classes to balance their portfolios.

While both platforms offer options and traditional retirement accounts, Fidelity broadens its investment offerings with forex trading—a feature absent from Ally Invest. Additionally, those interested in cryptocurrency can trade three different coins on Fidelity, whereas Ally Invest does not currently offer crypto trading. With both brokers providing advisor services, investors can benefit from professional guidance, but Fidelity's wider selection of investment choices makes it a slightly more attractive option for those looking to diversify their investment strategies.

Feature Fidelity logoFidelity
Ally Invest logoAlly Invest
Stock Trading info Yes Yes
Account Feature - Margin Trading info Yes Yes
Fractional Shares (Stocks) 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: A Beginner-Friendly Guide to an Advanced Market

Trading platforms and tools

When evaluating online broker platforms and tools, Fidelity and Ally Invest both present distinct advantages and limitations for investors. Fidelity shines as a standout option, offering wide-ranging features and superior customization options, while Ally Invest provides a solid, albeit more basic, trading experience. Fidelity's desktop platforms for both Windows and Mac are a significant advantage over Ally's browser-only option. Additionally, its charting features are more comprehensive, making it ideal for investors seeking in-depth analysis and customization. While both platforms allow investors to track important metrics, Fidelity's ability to display corporate events and show historical trades directly on charts gives it an edge in offering a richer, data-driven trading environment.

Delving into the specifics, Fidelity triumphs in versatility with 92 watch list columns compared to Ally’s 10. In terms of charting, although Ally Invest provides a respectable 120 technical indicators and 36 drawing tools, Fidelity slightly edges ahead with 129 indicators and 38 drawing tools. Additionally, features such as a trading journal, customizable date ranges, and the ability to display corporate events on charts are exclusive to Fidelity, providing a more detailed trading analysis and tracking experience. Moreover, Fidelity’s platform allows traders to adjust open orders directly on charts, which is not possible on Ally’s platform.

For traders who prioritize customization and advanced charting features, Fidelity is undoubtedly the superior choice, earning 4.5 out of 5 stars and securing the #4 ranking by StockBrokers.com. Ally Invest, while more basic in its offerings with a 3-star rating and a #10 ranking, may appeal to beginners or those seeking a straightforward trading experience. Ultimately, Fidelity's extensive toolset and intricate customization capabilities make it a go-to for seasoned traders, while Ally’s simpler, browser-based approach might better suit those just starting their investment journey.

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: Best Online Brokers & Trading Platforms for 2025, Best Paper Trading Apps & Platforms for 2025

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Beginners and education

When it comes to nurturing beginner investors through education, both Fidelity and Ally Invest provide comprehensive resources, but they differ in their approach and offerings. Fidelity stands out with a full suite of educational tools that cover stocks, ETFs, options, mutual funds, and bonds. Their educational offerings include videos, webinars, and quizzes, which allow investors to track their learning progress. Although neither brokerage offers paper trading, Fidelity's robust educational resources have earned it a five-star rating and a second-place ranking among 14 brokers for investor education by StockBrokers.com.

Ally Invest also provides educational content on stocks, ETFs, options, mutual funds, and bonds, which is great for beginner investors looking to broaden their investment knowledge. However, without the addition of videos, webinars, or quizzes, there are fewer opportunities to engage with or assess one's learning. Despite these limitations, Ally Invest still delivers value with essential information and maintains a solid four-star rating, placing seventh in StockBrokers.com's rankings. While both platforms offer valuable educational resources, Fidelity offers a more interactive and immersive experience for those new to investing.

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 (Fixed Income) 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 it comes to mobile stock trading apps, Fidelity emerges as the superior choice, offering a wide array of features that outshine those of Ally Invest. Fidelity's app is not only available for both iPhone and Android devices but also extends to the Apple Watch, a convenience not offered by Ally Invest. With a five-star rating, Fidelity's app provides a seamless and comprehensive trading experience, ranking it third among 14 brokers according to StockBrokers.com, while Ally Invest holds the thirteenth position with four stars.

Both Fidelity and Ally Invest offer essential features like options trading and streaming quotes, but Fidelity takes a leap further with its ability to provide after-hours stock trading and after-hours charting on mobile devices. This feature set allows traders to make informed decisions beyond standard market hours. Additionally, Fidelity supports streaming live TV and videos on demand, enhancing user engagement, whereas Ally Invest lacks these multimedia capabilities.

In terms of customization, Fidelity beats Ally Invest by allowing users to create and modify custom watch lists, including the option to customize watch list columns. Fidelity's charting tools are more advanced, offering 128 technical studies, the ability to display stock comparisons on charts, and multiple time frames for charting. In contrast, Ally Invest does not provide any technical studies, limiting advanced analyses. Moreover, Fidelity's charts can be viewed in landscape mode for better visualization, something Ally Invest does not support, making Fidelity the more comprehensive choice for mobile trading enthusiasts.

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 128 0
Mobile Trading Apps 5/5 Stars 4/5 Stars

Dive deeper: Best Stock Trading Apps for 2025

Fees

When choosing between Fidelity and Ally Invest for online brokerage services, it's essential to consider their differing fee structures. Both platforms have zero minimum deposit requirements and offer commission-free trading on regular stocks, making them accessible to all investors. However, they diverge on other fees: Ally Invest offers a slightly lower rate for options contracts at $0.50 compared to Fidelity's $0.65. Yet, Fidelity does not charge any fees for IRA closures and account transfers, where Ally Invest incurs charges.

For investors using margin accounts, Fidelity has higher rates at all levels compared to Ally Invest. While Fidelity charges 12.575% for balances below $25,000, Ally Invest offers a more competitive 12% rate. This pattern continues for larger balances where Ally Invest consistently offers lower rates, making it a more cost-effective option for margin traders.

IRA accounts see no annual fees on either platform, but investors with Ally Invest should note a $25 fee for IRA closure, unlike Fidelity, which charges nothing. Additionally, Fidelity does not impose any fees on partial or full account transfers, whereas Ally Invest has a $50 fee for each. Despite these differences, both brokers waive fees for options exercise and assignment, maintaining some cost-effectiveness in that regard.

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 - Equities 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 of 2025 for Beginners and Active Traders

Market Research

When evaluating the market research capabilities of Fidelity and Ally Invest, Fidelity emerges as the superior choice, especially for those looking for comprehensive resources. Fidelity is rated five stars and ranks third out of 14 brokers by StockBrokers.com for its market research offerings. Conversely, Ally Invest receives a rating of 3.5 stars and ranks eighth, reflecting a more limited set of research tools. Fidelity's edge comes from enhanced offerings like ESG research, portfolio allocation insights by asset class, and a wider range of downloadable PDF reports for stocks and ETFs.

Both Fidelity and Ally Invest provide stock research, supporting informed decision-making for investors. They offer tools for evaluating ETFs, mutual funds, bonds, and even Pink Sheets / OTCBB. Each platform also includes screeners for stocks, ETFs, and bonds, empowering users with trade ideas. However, Fidelity's advanced resources, such as the ability to assess portfolios by asset class and access to social media sentiment data, set it apart as an industry leader. Meanwhile, Ally Invest covers the essentials but lacks some of the specialized features Fidelity provides.

Fidelity not only offers stock and ETF research through downloadable PDF reports but also provides unique tools such as ESG analysis and social media sentiment-based insights. While both platforms offer valuable research capabilities, Fidelity covers a broader spectrum with more depth, including downloadable reports and specialized screeners. Ally Invest excels in foundational research offerings but is limited in comparison to Fidelity's more thorough resources, making Fidelity the go-to choice for investors seeking comprehensive market insights.

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 - Fixed Income info Yes Yes
Screener - Fixed Income 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
Brokerage CDs info Yes Yes

Dive deeper: Best Brokerage Checking Accounts for 2025

Winner

After opening live accounts and testing 14 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
Broker 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 info
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 12.575% 12%
Margin Rate $25,000 to $49,999.99 info 12.075% 11.75%
Margin Rate $50,000 to $99,999.99 info 11.125% 11%
Margin Rate $100,000 to $249,999.99 info 11.075% 9.75%
Margin Rate $250,000 to $499,999.99 info 10.825% 8.75%
Margin Rate $500,000 to $999,999.99 info 8.500% 8.25%
Margin Rate Above $1,000,000 info 8.250% 7.5%
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
Account Feature - Margin Trading info Yes Yes
Fractional Shares (Stocks) 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 Yes info No
Crypto Trading info Yes No
Crypto Trading - Total Coins info 3 0
Fixed Income (Treasurys) info Yes Yes
Fixed Income (Corporate Bonds) info Yes Yes
Fixed Income (Municipal Bonds) 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 (Fixed Income) 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
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 128 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 - 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 No
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 - Equities info Yes No
Ladder Trading info No No
Trade Hot Keys 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 - Fixed Income info Yes Yes
Screener - Stocks info Yes Yes
Screener - ETFs info Yes Yes
Screener - Mutual Funds info Yes No
Screener - Fixed Income info Yes Yes
Portfolio Asset Allocation info Yes No
Stock Research Fidelity Ally Invest
Stock Research - PDF Reports info 7 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 - Investment Objective info Yes No
ETF Fund Facts - Inception Date info Yes No
ETF Fund Facts - Expense Ratio info Yes Yes
ETF Fund Facts - Total 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 - Investment Objective 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 - Total Greeks info 5 5
Option Analysis - P&L Charts info Yes No
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 (Prospective Customers) info Yes Yes
Phone Support (Current Customers) info Yes Yes
Email Support info Yes Yes
Live Chat (Prospective 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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