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Partnership Disclosure
We might be compensated by one of our IRA partners for an account you open through our platform. This helps us keep the rollover service free, but it never impacts the fees you’ll pay on your new account. We only win if you do, and our job is to help you simplify your retirement accounts. We also help people who already have an IRA account even though we might receive no compensation in these situations—because it’s just the right thing to do!

Ally Invest Self Directed IRA Review 2024: Features, Fees, & More

Updated on May 1, 2024

Learn about our Editorial Process

Key Takeaways
  • Ally offers easy-to-use retirement accounts at a digital-first institution, and investors also get access to commission-free trading on stocks and ETFs, as well as bonds, mutual funds, and margin trading.
  • Ally has fewer research tools and educational integrations than some competitors and does not offer fractional shares or cryptocurrency investing at this time.
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Consolidate all of your old 401(k)s into an Ally Self-Directed IRA.
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Ally Invest Self-Directed IRA Snapshot

Best if you want
An easy-to-use trading interface at a digital-first institution—with low fees for stocks, ETFs, and even options trading.
Fees
$0 online trades for stocks and exchange-traded funds (ETFs)
What you can invest in
Stocks, exchange-traded funds (ETFs), mutual funds, options, bonds, margin investing
Limitations
Less third-party research than some competitors; doesn't support fractional shares or cryptocurrency trading at this time
Account minimum
$0
Ease of Use
Star filledStar filledStar filledStar filled
4 stars
Checkmark Pros

• Commissions-free stock and ETF trades
• Access to bonds, mutual funds, options, and margins trading
• Easy-to-use digital-first interface
• A low options-trading contract fee of just $0.50 per trade

Checkmark Cons

• Fewer integrated research and educational tools than some competitors
• No access to fractional shares or cryptocurrency trading
• Low customer service review ratings on TrustPilot and Better Business Bureau

Ready to take control of your assets?
Capitalize helps you consolidate your old 401(k)s by rolling them into an IRA of your choosing. Use an existing IRA if you have one, or we’ll help you open one if you don’t.
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