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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.

Wealth Management

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. 

More on this fee

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

  • Commission-free trading on eligible U.S. stocks and ETFs

  • 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.

Learn more

Mutual Funds

Load

Purchases: $0

Sale: Subject to change from mutual fund

No Load

Purchases: $9.95

Sale: $9.95

Bonds and Treasuries

$1 Per Bond

$10 minimum and $250 maximum required per transaction

Options

$0 Commissions + 50¢ Per Contract Fee 

Certificates of Deposit (CDs)

$24.95 Per Transaction

Service Fees

Wealth Management clients:

Keep in mind that the service fees noted as “waived” for Wealth Management may also be waived for your Ally Invest Robo Portfolio and Self-Directed Trading accounts. Your advisor can provide more information. 

Account Fees

This table shows our account service fee types and fee amounts, with which apply to each of our 3 Ally Invest accounts – Self-Directed Trading, Robo Portfolios, and Wealth Management.
Type Self-Directed Trading
Robo Portfolios
Wealth Management
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.

This table shows our trading service fee types and fee amounts, with which apply to each of our 3 Ally Invest accounts – Self-Directed Trading, Robo Portfolios, and Wealth Management.
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

This table shows our account transfers fee types and fee amounts, with which apply to each of our 3 Ally Invest accounts – Self-Directed Trading, Robo Portfolios, and Wealth Management.
Type Self-Directed Trading
Robo Portfolios
Wealth Management
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
Stock Certificate Deposit DTC Rejection Fees $175 $175 $175
Stock Certificate Deposit DTC Processing Fee $300 per certificate $300 per certificate Waived

Cashiering Fees

This table shows our cashiering fee types and fee amounts, with which apply to each of our 3 Ally Invest accounts – Self-Directed Trading, Robo Portfolios, and Wealth Management.
Type Self-Directed Trading
Robo Portfolios
Wealth Management
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

This table shows our IRA fee types and fee amounts, with which apply to each of our 3 Ally Invest accounts – Self-Directed Trading, Robo Portfolios, and Wealth Management.
Type Self-Directed Trading
Robo Portfolios
Wealth Management
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 for Self-Directed Accounts

Options Regulatory Fee (ORF)

$0.01815 per contract (buys and sells)

Securities and Exchange Commission (SEC)

$22.90 per $1,000,000 principal (sells only)

Trading Activity Fee (TAF)

$0.000130 per equity share (sells only)

$0.00218 per option contract (sells only)

$0.00082 per bond (sells only)

The trading activity fee (TAF) is charged on all stock and ETF sales at a rate of $0.000130 per share with a minimum charge of $0.01 and a maximum charge of $6.49 and on options at $0.00218 per contract for each sale. Bonds are also subject to a TAF fee and can be charged up to $0.82 per bond traded, regardless of the bond's par value. This fee is rounded up to the nearest penny.

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. 

Stock Certificate Deposit Processing Fee - Commission on stock certificate deposited into Ally Invest will be equal to 5% of the principal amount of the trade. Stock Certificates cannot be used to fund a new account.

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

Ally Invest Securities' background can be found at www.finra.org.

Options involve risk and are not suitable for all investors. Review the Characteristics and Risks of Standard Options brochure before you begin trading options.

Options investors may lose the entire amount of their investment in a relatively short period of time.

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 .

Securities products and services are offered through Ally Invest Securities LLC, member FINRA and SIPC. Advisory products and services are offered through Ally Invest Advisors Inc., an SEC registered investment adviser.