Published on October 4th, 2019 | by Chuck20
Ally To Remove Commission On Stocks, ETFs & Options
Following on from announcements made by Charles Schwab, TD Ameritrade, and E*Trade, Ally Bank has announced that it will be removing commission on all online US listed Stocks, ETFs & Options. Options contracts will still be charged at $0.50 per contract (which is lower than Schwab, E*Trade, & TD who charge $.65). These changes will go into effect on October 9th, 2019.
I expect we’ll see everyone else follow along with this as well.