Take a closer look at
our commissions and fees.
An affordable approach to investing starts here.
Advisory Fees
Robo Portfolios
Cash-Enhanced Portfolio
0% Advisory Fee
For this portfolio, we set aside 30% as an interest-earning cash buffer.
Market-Focused Portfolio
0.30% Annual Advisory Fee
For this portfolio, we hold roughly 2% as cash and invest roughly 98% in the market. This annual fee equates to $3 for every $1,000 you invest.
Personal Advice
0.75-0.85% Blended Annual Advisory Fee
This fee is based on the funds you’ve invested directly with us, not funds or assets held at other financial institutions.
Keep in mind, each underlying ETF may charge its own internal expense ratio (and other fees and charges) that are separate from our own listed annual advisory fees. These are standard trading expenses and will get deducted from your ETF’s net asset value.
Trading Commissions for Self-Directed Accounts
Stocks and ETFs
$0 Commissions
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Commission-free trading on eligible U.S. stocks and ETFs
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Wide selection of commission-free ETFs from market leaders such as Vanguard, GlobalX, iShares, and more – including a selection of socially responsible funds
Low-Priced Securities
We require a minimum opening purchase of $100 per order on OTCBB and pink sheet stocks. We don’t charge commissions for stocks and ETFs priced $2 and higher.
Low-priced securities are charged a $4.95 base commission plus one cent per share on the entire order. We define a low-priced security as any equity below $2.
In general, the maximum commission charge doesn’t exceed 5% of the value of the trade. If the principal value of the order is less than the base, the commission is equal to the full trade value.
Bonds and Treasuries
$1 Per Bond
$10 minimum and $250 maximum required per transaction
Mutual Funds
Load
Purchases and sale: Subject to charges from mutual fund
No Load
Purchases: $0
Sale: $0
Investors should consider the investment objectives, risks, and charges and expenses of a mutual fund or ETF carefully before investing. A mutual fund/ETF's prospectus contains this and other information and can be obtained by emailing support@invest.ally.com .
Options
$0 Commissions + 50¢ Per Contract Fee
Certificates of Deposit (CDs)
$24.95 Per Transaction
Service Fees
Personal Advice clients:
Keep in mind that the service fees noted as “waived” for Personal Advice may also be waived for your Ally Invest Robo Portfolio and Self-Directed Trading accounts. Your advisor can provide more information.
Account Fees
| Type | Self-Directed Trading |
Robo Portfolios |
Personal Advice |
|---|---|---|---|
| 1099 Request for Exempt Accounts | $50 | $50 | $50 |
| Entity Account Annual Fee | $0 | $0 | $0 |
| Entity Account Opening Fee | $0 | $0 | $0 |
| Foreign Stock Incoming Transfer Fee | $50 per position | N/A | N/A |
| Limited Trading Authorization (LTA) Paper Statement Fee | $4 per account statement | $4 per account statement | Waived |
| Margin Reg T Extension | $10 + interest to settlement date |
N/A | N/A |
| Non-transferable Security Charge Per Position | $20 per month | $20 per month | Waived |
| Paper Confirmations | $2 | $2 | $2 |
| Paper Statements > 2 Years | $4 per statement | $4 per statement | Waived |
| Pre Pay Settlement Fee | $20 | $20 | $20 |
| Tax Document Requests by Fax and Regular Mail | $50 | $50 | $50 |
| Vault Fee | $60 per year charged monthly | $60 per year charged monthly | $60 per year charged monthly |
| Voluntary Reorganization | $50 | $50 | $50 |
| Worthless Securities Processing | $30 (other fees may apply) | $30 (other fees may apply) | Waived |
Trading Fees for Self-Directed Accounts
Regular commission includes applicable option contract fees or low priced securities commission.
| Type | Fees |
| ADR and Other Foreign Stock Semi-Annual Charges | Typically $0.02 per share |
| Foreign Stock Transaction Fee (not ADRs) | $50 + regular commission |
| Index Products (single exchange listed) | $0.35 per contract |
| Margin Sellouts | $40 + regular commission |
| Option Assignment | $0 |
| Option Exercise | $0 |
| Option Expiration Sellouts | $40 + regular commission |
| Option Position Management | $100 |
| OTCBB and Pink Sheet Stocks | Minimum investment of $100 per trade |
| Phone-Assisted Orders | $20 + regular commission |
| Restricted Accounts and Broker-Assisted Trades | $20 + regular commission |
| Short Stock (loan charges on hard-to-borrow stock) | Daily charge at cost |
| Unit Investment Trust | Purchase: $0 (subject to charges from the UIT), Sale: $9.95 |
Account Transfer Fees
| Type | Self-Directed Trading |
Robo Portfolios |
Personal Advice |
|---|---|---|---|
| ACAT Transfer Out (full or partial) | $50 | $50 | Waived |
| DRS Transfer Fee | $115 per position | $115 per position | Waived |
| DWAC Transfer Fee | $50 per position + any transfer agent fees up to $150 |
$50 per position + any transfer agent fees up to $150 |
Waived |
| Outgoing DTC | $25 per position | $25 per position |
$25 per position |
Cashiering Fees
| Type | Self-Directed Trading |
Robo Portfolios |
Personal Advice |
|---|---|---|---|
| Check Stop Payment | $30 | $30 | Waived |
| Check Withdrawal | $5 | $5 | Waived |
| Incoming Wires From Ally Bank | $0 | $0 | $0 |
| Outgoing Domestic Wire Transfer | $30 | $30 |
Waived |
| Overnight Delivery | $50 | $50 | Waived |
| Returned ACH | $30 | $30 | Waived |
| Returned Checks | $30 + interest for any trades from the earlier of the settlement date or date of deposit | $30 + interest for any trades from the earlier of the settlement date or date of deposit | Waived |
| Returned 3rd Party Wires | $30 | $30 | Waived |
IRA Fees
| Type | Self-Directed Trading |
Robo Portfolios |
Personal Advice |
|---|---|---|---|
| IRA Annual Fee | $0 | $0 | $0 |
| IRA Transfer Fee | $50 | $50 | $50 |
| IRA Closure Fee (charged for full distributions and full outgoing account transfers) | $25 | $25 | $25 |
Regulatory Fees
Options Regulatory Fee (ORF)
$0.02945 per contract (buys and sells)
Securities and Exchange Commission (SEC)
$0.00 per $1,000,000 principal (sells only)
Trading Activity Fee (TAF)
$0.000166 per equity share (sells only)
$0.00279 per option contract (sells only)
$0.00105 per bond (sells only)
Trading Activity Fee rates are as follows: Each member shall pay to FINRA: (1) $0.000166 per share for each sale of a covered equity security, with a maximum charge of $8.30 per trade; (2) $0.00279 per contract for each sale of an option; (3) $0.00011 per contract for each round turn transaction of a security future, provided there is a minimum charge of $0.014 per round turn transaction; (4) $0.00105 per bond for each sale of a covered TRACE-Eligible Security (other than an Asset-Backed Security) and/or municipal security, with a maximum charge of $1.05 per trade; and (5) $0.00000105 times the value, as reported to TRACE, of a sale of an Asset-Backed Security, with a maximum charge of $1.05 per trade. In addition, if the execution price for a covered security is less than the Trading Activity Fee rate ($0.000166 for covered equity securities, $0.00279 for covered option contracts, or $0.014 for a security future) on a per share, per contract, or round turn transaction basis then no fee will be assessed.
Mutual Funds
Although each share class represents a similar interest in the mutual fund’s portfolio, the mutual fund will charge you different fees and expenses depending upon your choice of share class. As a rule, Class A shares carry a “front-end” sales charge or “load” that is deducted from your investment at the time you buy fund shares. This sales charge is a percentage of your total purchase.
Note for GTC orders: If we receive partial executions on different trading days, you'll be charged separate commissions.
Bonds and CDs
Ally Invest may act as principal on any fixed-income transaction. When acting as principal, we will add a markup to any purchase and subtract a markdown from every sale. This markup or markdown will be included in the price quoted to you, and you will not be charged any commission or transaction fee for a principal trade.
Service Fees
Index Products – Ally Invest charges this additional per contract cost on certain index products where the exchange charges fees. See a full list of index options that incur additional fees.
Unit Investment Trust – Other Transfer Agent and Trade Settlement charges for certain securities may be passed through to you by our clearing firm.
Vault Fee - Restricted certificates held for missing paperwork, certificates for securities that are not DTC eligible, etc.
Credit Interest
Cash balances do not currently earn interest. You may request that your account be enrolled in an interest-bearing Federal Deposit Insurance Corporation (FDIC) insured deposit sweep program. See current yield and additional information
Investors should consider the investment objectives, risks, and charges and expenses of a mutual fund or ETF carefully before investing. A mutual fund/ETF's prospectus contains this and other information and can be obtained by emailing support@invest.ally.com .