The StockBrokers.com annual broker review assesses more than a dozen different brokers over six months, surfacing the best online stock brokers
. This review compares Ally Invest vs Just2Trade. Is Ally Invest or Just2Trade a better online broker?
First, we will make a comparison of the stock and option trading fees for trading with both brokers. Ally Invest, with its regular stock trades costing $4.95, is more expensive than Just2Trade's rate of $2.50 per trade. For options trading, Ally Invest has a base fee of $4.95, and Just2Trade a base fee of $2.50. Just2Trade's per contract rate of $0.50 is less than Ally Invest which charges $0.65. Note that some brokers charge a per-share fee instead of a flat-fee commission. For a full breakdown of commissions, read our online broker reviews
For our next comparison of these two brokers, being able to trade the way you want is a must. Just2Trade supports Stock Trading, Options Trading, Mutual Funds and Futures Trading while Ally Invest supports Stock Trading, Options Trading, Mutual Funds and Forex Trading. When it comes to mutual funds, Ally Invest boasts an offering of 14000 mutual funds compared to Just2Trade's 3000 available funds. Commission free ETFs can also be a nice plus, Ally Invest offers 116 commission free ETFs versus Just2Trade's total of 0.
Last but not least, by breaking down important features, tools, etc that each broker offers, we can really help to separate the two. Just2Trade makes virtual trading available to clients, while Ally Invest does not. For mobile trading, Just2Trade supports the iPhone App and Android App while Ally Invest supports the iPhone App, iPad App and Android App. Furthermore, some investors like to bank online, and multiple brokerages provide these services to clients. Clients can have Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans at Ally Invest while customers at Just2Trade can have none of these. On the whole, when it comes to tools, research, and mobile trading, both Ally Invest and Just2Trade found themselves without awards for Best in Class - Platforms & Tools, Best in Class - Research and Best in Class - Mobile Trading.
Overall, Ally Invest boasts 3.50 stars versus Just2Trade's 2.50 stars.