How we make money

A subscription, not commissions.

You should know how the company you invest with is paid. Here's the full picture.

What we're paid

Our sources of revenue

Investall Pro

Members pay $9.99 a month in the US for Investall Pro. This is our main source of revenue from individual investors, and the fee stays the same however much you invest.

Advisory clients

We also provide our investment platform to investment adviser clients, who pay an annual fee that is either based on assets or fixed. This is described in our Form CRS.

Account management fee (certain older accounts)

Some accounts that moved to us from our former brokerage partner pay a monthly account management fee instead of a subscription. If this applies to you, the app shows it under Profile → Fees.

What we don't charge

No commissions on stock and ETF trades.
No performance fees. We don't take a share of your gains.
No extra charge to open an account or to trade on your own.

Other parties

Fees others may charge

Your account is held at Alpaca Securities LLC. Some brokerage services, such as wire transfers or outgoing account transfers, can carry fees set by Alpaca. Small regulatory transaction fees can also apply when you sell securities. ETFs charge their own expense ratios inside the fund. See Alpaca's disclosures for its fee schedule.

For the formal description of our services and fees, see our Form CRS and Form ADV on the SEC's adviser search.

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Investall, Inc. is an SEC-registered investment adviser. Registration with the SEC does not imply a certain level of skill or training. Brokerage services are provided by Alpaca Securities LLC, member FINRA/SIPC. Investing involves risk, including the possible loss of principal. Past performance does not guarantee future results. Nothing on this page is a recommendation to buy or sell any security. See our disclosures.