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Ally Invest Fees, Commissions, and Brokerage Account Trading Costs (2021)


Ally Invest fees schedule, commissions, broker stock trading cost, charges, online investing account pricing, and cash sweep rates.



Ally Invest Commissions


InvestmentsCommissions
Stocks and ETFs $0
Options $0.50 per contract
Mutual funds $9.95
Bonds $1 per bond with $10 minimum, $250 maximum
Treasuries commission-free
Certificates of Deposit (CDs) $24.95

Investments stocks, options, mutual funds, bonds, CDs, forex, treasuries, ETFs
Ally Invest minimum deposit to open account $0 for cash account, $2,000 for margin account
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Margin Rates


Debit Balance Margin Interest Rates
$0.01 - $4,999 7.75%
$5,000 - $9,999 7.75%
$10,000 - $24,999 7.75%
$25,000 - $49,999 7.50%
$50,000 - $99,999 6.75%
$100,000 - $249,999 5.50%
$250,000 - $499,999 4.50%
$500,000 - $999,999 4.00%
$1,000,000 + 3.25%



Cash Sweep Interest Rates


Cash balances do not currently earn an interest. You may request that your account be enrolled in an interest-bearing Federal Deposit Insurance Corporation ("FDIC") insured deposit sweep program. Current yield is 0.01%.




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Regulatory Fees


SEC .0218 per $1000 of principal (sells only)
ORF (Options Regulatory Fee) .0404 per contract (buys and sells)
TAF (Trading Activity Fee) .000119 per share (equity sells)
TAF (Trading Activity Fee) .002 per contract (option sells only)
Financial Industry Regulatory Authority (FINRA) transaction fee (TAF) This fee is charged on all stock and ETF sales at a rate of $.000119 per share with a minimum charge of $0.01 and a maximum charge of $5.95. This fee is rounded up to the nearest penny. Bonds are also subject to a TAF fee and can be charged up to $0.75 per bond traded, regardless of the bond's par value.



IRA Fees


IRA setup fee $0
IRA annual fee $0
IRA conversion fee (regular to roth or vice versa) $50
IRA transfer out fee $50
IRA termination fee $25 (for distributions and full outgoing account transfers)



Account Fees


ACAT Transfer Out $50.00
Partial ACAT Transfer Out $50.00
Outgoing Domestic Wire Transfer $30.00
Overnight Delivery $50.00
Check Withdrawal $5.00
Check Stop Payment $30.00
Returned Checks $30.00
Returned ACH $30.00
Returned Wires $30.00
Pre Pay Settlement Fee $20.00
Stock Certificate Deposit DTC Rejection Fees $175.00
Stock Certificate Deposit Processing Fee $300.00 per Certificate
Non-transferrable security charge per position $20.00 per month
Vault Fee
Restricted certificates held for missing paperwork, certificates for Securities that are not DTC eligible, etc.
$60.00 per Year Charged Monthly
Outgoing DTC
Electronic delivery of individual certificates via Depository Trust Company
$25.00 per Position
DWAC Transfer Fee per Position $50.00 + Any transfer agent fees up to $150
DRS Transfer Fee per Position $115 per position
Paper Statements or any electronic statements requested that are older than 2 years $4.00
Paper Confirmations $2.00
1099 Request for Exempt Accounts $50.00
Tax document requests by fax and regular mail $50.00
Option Exercise $0
Option Assignment $0
Option Position Management $100.00 + Regular Commission
Margin Sellouts, Restricted Accounts, and Broker-Assisted Trades $40.00 + Regular Commission
Short Stock Daily Charge at Cost
Worthless Securities Processing $30.00 Other fees may apply
Reg T Extension $10.00 + Interest to Settlement Date
Foreign Stock Transaction Fee (not ADRs) $50.00 + Regular Commission
Foreign Stock Incoming Transfer Fee $50.00 per Position
ADR and other foreign stock semi-annual charges At Cost
Voluntary Reorganization $50.00
Entity Account Opening Fee $250.00 (Corporation, LLC, Partnership)
Entity Account Annual Fee $200.00 (Corporation, LLC, Partnership)
Index Products
Ally Invest charges this additional per contract cost on certain index products where the exchange charges fees. To see a full list of index options that incur additional fees.
$0.35 per Contract
OTCBB & Pink Sheet Stocks Minimum investment of $100 per Trade
Other Transfer Agent and Trade Settlement charges for certain securities may be passed through to you by our clearing firm.



  Check Writing Fees


Apex SelectTM Annual Checking* $20.00 annual fee
Apex SelectTM Annual Debit Card $35.00 annual fee
Check Re-Order $15.00 (50 checks)
Returned Checks $35.00
Stop Payments $35.00
Check Copies or Other Research $15.00
ATM Withdrawals $1.00
Sales Draft Copy $15.00
Collection Processing $25.00
Domestic Overnight Shipping $45.00
International Overnight Shipping $100.00



Ally Invest Incentive, Review and Website Link


Read full Ally Invest Review.

Ally Invest incentive: Up to $3,000 cash bonus + $0 commission trades.

Ally Invest fees are as of 2021 and are subject to change. For the most recent information on Ally Invest fees visit their website:


Ally Invest






Ally Invest Trading Fees


Ally Invest offers trading in a variety of popular security types, including individual stocks and bonds, ETFs, mutual funds, and options. If you are building a well-diversified portfolio with allocations across a variety of asset classes and security types, the different commissions Ally charges for these securities will be an important consideration. Below we will provide a detailed overview of what these commissions are at Ally Invest.


Stock Fees


Stock commissions at Ally Invest are now $0. One exception is a $4.95 plus $0.01 per share charge for trades of penny stocks (those whose share price is under $2).


ETF Fees


Ally Invest’s ETF commissions follows the same schedule as stocks.


Mutual Fund Fees


Ally Invest charges a flat $9.95 commission for trading no-load mutual funds. It’s important to remember that regardless of whether you pay a commission or a load fee for buying a mutual fund all investors will still have to pay the fund’s annual management fee, which can range from just a few basis points to more than 1%.


Ally Invest Fees


Commission on Bonds


All customers pay the same commission for fixed income trades. A bond trade costs $1 per bond with a $10 minimum where a bond equals $1,000 of par value.


Commissions on CDs and U.S. Treasuries


CD trades at Ally cost a fixed $24.95. Buying and selling U.S. Treasuries is commission-free.


Options Fees


Commission on options at Ally Invest consists of per contract fee, which is $0.50. Option assignments and exercising will cost $0.


Forex


Forex trading with Ally is commission-free as forex dealers make their money purely off the bid/ask spread of the currencies they deal in.


Broker-Assisted Trades


For clients who aren’t always near reliable internet access, Ally offers the option to call in and have a representative place their trade for them. Broker-assisted trades incur Ally’s normal commission for whatever instrument you are trading in addition to a $20 fee.


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