The StockBrokers.com 2017 Brokerage Review
compares Just2Trade vs Ally Invest. Compare Just2Trade and Ally Invest trade commissions, fees and overall broker ratings by using the table below. Is Just2Trade or Ally Invest a better online broker?
Looking at both brokers, first we will take a look at the commission rates for both placing regular stock and options trades. Ally Invest charges $4.95 per stock trade which is $2.45 more than Just2Trade which charges clients $2.50 per trade. For options trading, Ally Invest has a base fee of $4.95, and Just2Trade a base fee of $2.50. At a difference of $0.15 per contract, Just2Trade's per contract rate of $0.50 is less than Ally Invest which charges $0.65. It should be noted that not every broker uses a flat rate stock trade fee structure, so it is important to read the full commission notes (head over to any online brokerage review
page, then navigate to the "Commission Notes" section).
Alongside trade commissions, being able to trade the way you want is a must. Ally Invest supports Stock Trading, Options Trading, Mutual Funds, Forex Trading and Futures Trading while Just2Trade supports Stock Trading, Options Trading, Mutual Funds and Futures Trading. When it comes to mutual funds, Ally Invest boasts an offering of 10138 compared to Just2Trade's 3000 available funds. Commission free ETFs can also be a nice plus, which for investors means access to 0 funds at both brokers.
Last but not least, by breaking down important features that each broker offers, we can really help to separate the two brokers. Just2Trade alongside Ally Invest have virtual trading. For mobile trading, Both Just2Trade and Ally Invest offer clients access to an iPhone 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. On the whole, when it comes to tools, research, and trading on the go, Neither Just2Trade nor Ally Invest were rated Best in Class - Platforms & Tools, Best in Class - Research and Best in Class - Mobile Trading.
Overall, Ally Invest comes out on top with 4.00 stars over Just2Trade's 2.50 stars.