Ally Invest
Pros
- $0 commissions on most U.S.-listed stocks and ETFs
- $0 options commission with a $0.50 contract fee
- $100 minimum for Ally Invest Robo Portfolios
- Cash-enhanced Robo Portfolios have no advisory fee
- Daily robo review and rebalancing at no extra fee
- $75 ACAT transfer-fee credit on $2,500+ transfers
- Apex adds up to $150 million aggregate excess coverage
Cons
- $2,000 minimum deposit for Self-Directed margin accounts
- $100,000 minimum assets for Personal Advice
- Market-focused Robo Portfolios charge 0.30% annually
- Low-priced securities cost $4.95 plus $0.01 per share
- Personal Advice is available only to current customers
- Withdrawals over 20% of Personal Advice account require a call
- Robo ETF expense ratios are not included in advisory fee