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Broker Comparison

Ally Invest vs ii

Compare Ally Invest and ii side by side: fees, regulation, platforms.

Ally Invest

Ally Invest

DIY investors who also want managed portfolio options

Ally Invest combines self-directed trading with robo portfolios and personal advice, with $0 commissions on mโ€ฆ

VS
ii

ii

Flat-fee long-term investors

ii is a flat-fee investment platform with ISA, SIPP, Trading Account, funds, ETFs, shares, bonds, managed optโ€ฆ

Head-to-head comparison

Ally Invest vs ii
Feature Ally Invest ii
Minimum deposit No minimum deposit required for Self-Directed brokerage cash account; $2,000 for Self-Directed brokerage margin accounts; $100 for Robo Portfolios; $100,000 for Personal Advice โ€”
Stock trading fee $0 commission UK and US shares (incl. ETFs & Investment trusts): Core ยฃ3.99 per trade; Plus ยฃ3.99 per trade; Premium ยฃ2.99 per trade
Regulators FINRA, SIPC, SEC FCA
Best for DIY investors who also want managed portfolio options Flat-fee long-term investors
Markets & account
Stocks
ETFs
Bonds
Options
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Funds
Margin
โ€”
Ready Made Portfolios
Investment Plans
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Multi Currency
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Business Account
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Isa
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Sipp
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Pros & cons

Ally Invest

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
ii

ii

Pros

  • Core plan starts at ยฃ5.99 per month
  • Regular investments are Free on every plan
  • No fees for transfers in or out
  • SIPP, ISA and Trading Account sit under one plan
  • Hold up to 9 currencies in SIPP and Trading Account
  • Plus includes 1 free monthly trade; Premium includes 2
  • Funds cost ยฃ1.49 on Plus and Free on Premium
  • Plus gives 5 free family accounts; Premium gives unlimited

Cons

  • Core is limited to portfolios up to ยฃ100,000
  • Junior ISA is not included on the Core plan
  • Same day GBP and EUR withdrawals cost ยฃ15
  • Other currency withdrawals cost ยฃ15
  • Telephone trades cost ยฃ49
  • Non-personal accounts add ยฃ30 per month
  • Premium costs ยฃ39.99 per month
  • Core FX conversion is 0.75%
Ally Invest

Ally Invest

Ally Invest combines self-directed trading with robo portfolios and personal advice, with $0 commissions on most U.S.-listed stocks and ETFs.

Your capital is at risk. Other fees apply.

ii

ii

ii is a flat-fee investment platform with ISA, SIPP, Trading Account, funds, ETFs, shares, bonds, managed options and multi-currency investing.

Your capital is at risk. Other fees apply.

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