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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 IRA vs Vanguard IRA

Updated on May 29, 2024

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Ally is a great option if you want ally offers a self-directed IRA with an easy-to-use trading interface at a digital-first institution — with low fees for stocks, ETFs, and even options trading.

Consider Vanguard if you want vanguard offers an IRA comprised mainly of exchange-traded funds (ETFs) with low fees and great educational resources.

Find & move your old 401(k)s into your new IRA
Provider
Ally
Self-Directed IRA
Vanguard
Self-Directed IRA
Best if you want
Ally
Ally offers a self-directed IRA with an easy-to-use trading interface at a digital-first institution — with low fees for stocks, ETFs, and even options trading.
Vanguard
Vanguard offers an IRA comprised mainly of exchange-traded funds (ETFs) with low fees and great educational resources.
Fees
Ally
$0 online trades for stocks and exchange-traded funds (ETFs)
Vanguard
$0 online trades for stocks and exchange-traded funds (ETFs)
What they invest in
Ally
Stocks, exchange-traded funds (ETFs), mutual funds, options, bonds, margin investing
Vanguard
Stocks & ETFs, Mutual Funds, Options
Limitations
Ally
Less third-party research than some competitors; doesn't support fractional shares or cryptocurrency trading at this time
Vanguard
Vanguard's platform is limited if you want to trade things other than ETFs and some Vanguard funds have high minimums.
Human advisor available?
Ally
Good: market data and some third-party research on stocks (e.g. Morningstar, CFRA).
Vanguard
Limited: some market data but not much third-party research.
Account minimums
Ally
$0
Vanguard
$0
Ease of use
Ally
Star filledStar filledStar filledStar filled
4 stars
Vanguard
Star filledStar filledStar half
2.5 stars
Rollover

Roll over your 401(k) into a Ally IRA

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Roll over your 401(k) into a Vanguard IRA

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Find & move your old 401(k)s into your new IRA