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. Just2Trade charges $2.50 per stock trade which is $2.50 more than Ally Invest which charges customers $0 per trade. Looking at trading options, Ally Invest's base fee is $0 while Just2Trade's is $2.50. Option contracts cost $0.50 each at both brokerages. 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 offers clients Stock Trading, Options Trading, Mutual Funds and Futures Trading while Ally Invest offers Stock Trading, Options Trading, Mutual Funds and Forex Trading. When it comes to mutual funds, Ally Invest offers its clients access to 14000 different mutual funds while Just2Trade has 3000 available funds, a difference of 11,000.
Last but not least, by breaking down important features, tools, etc that each broker offers, we can really help to separate the two. Just2Trade has virtual trading, Ally Invest doesn't. For mobile trading, Just2Trade offers the iPhone App and Android App while Ally Invest offers the iPhone App, iPad App and Android App. Furthermore, some investors like to bank online, and multiple brokerages provide these services to clients. Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans are offered by Ally Invest while Just2Trade offers none of these.
Overall, between Ally Invest and Just2Trade, Ally Invest is the winner.
Ally Invest Review