Save money and be informed. CreditDonkey is a personal finance comparison and reviews website. This website is made possible through financial relationships with card issuers and some of the products and services mentioned on this site. Advertiser Disclosure†

Ally Invest vs E*TRADE


 

Ally Invest

E*TRADE

SPECIAL OFFER
Commission-Free Stock Trades - Learn More

Read Ally Invest Review

SPECIAL OFFER
Learn more about E*TRADE - Learn More

Read E*TRADE Review

 

Benefits and Features

Stock Trading
$0 per trade
$0 per trade
Options Trading
$0 base + $0.50 per contract
  • $0 per trade + $0.65 per contract
  • $0 per trade + $0.50 per contract if you make 30+ trades a quarter
Annual Fee 
None
Minimum Deposit
$0
$0 for self-directed brokerage accounts; Managed portfolios start at $500 minimum
Mutual Fund Trading
  • $0 to buy/sell load mutual funds
  • $0 to buy/sell no load mutual funds
$0 for no-load, no-transaction-fee funds; $19.99 for transaction-fee funds
Commission Free ETFs
500+
250+
Penny Stocks$0.01 per share on the entire order for stocks priced less than $2.00.
Check
Broker Assisted Trades
$20 + Regular Commission
$25 + Regular Commission
Inactivity Fee 
$0
Maintenance Fee 
$0
BankingIntegrated with banking on ally.com. Manage your Ally banking and investment accounts in one place.Checking account offers no minimum balance requirements, free online bill pay, and unlimited debit card and check transactions.
Mobile App
Check
Check
Desktop App E*TRADE Pro (requires you to execute at least 30 trades during a calendar quarter or maintain brokerage account balance of at least $250,000)
Forex Trading
Check
 
Futures Trading $1.50 per contract, per side + fees (excluding bitcoin futures)
Customer Service
(855) 880-2559
800-387-2331
Virtual Trading 
Yes
 

CreditDonkey® Reviews

Stock TradingStarStarStarStarEmpty Star
Options TradingStarStarStarStarEmpty Star
BankingStarStarStarEmpty StarEmpty Star
Mobile AppStarStarStarStarStar
Commissions and FeesStarStarStarHalf StarEmpty Star
Ease of UseStarStarStarStarStar
Online CommunityStarStarStarStarEmpty Star
ResearchStarStarStarStarEmpty Star
Trading PlatformStarStarStarStarStar
Pros & ConsPros:
  • Expansive set of resources and tools
  • Easy to use website
  • Industry leader
Cons:
  • Trade fees
Bottom Line Read full reviewOnline broker with one of the best user interfaces... Read full review

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

Ally Invest: Pricing information from published website as of 04/01/2021.

E*TRADE: Pricing information from published website as of 11/09/2024.


Articles on Ally Invest

Ally Invest Roth IRA

Ally Invest's Roth IRA account has no annual fee and no commission trades. Is it right for your retirement funds? Read on to learn how Ally Invest Roth IRA accounts work.

Articles on E*TRADE

ETrade

E*TRADE is a highly well-known name, but does that mean it is better than its competitors? Read our in-depth review and see how it compares.

Which Do You Think is Best?





You Might Also Like

Best Stock Buying Apps

Best Stock Buying Apps

The best investment apps let you trade stocks on the go, right from your phone. But which one is the best for you? Read on to find out.
How to Get Free Stocks

How to Get Free Stocks

Discover 15+ platforms offering free stocks and bonuses - a fortune isn't essential.
Best Trading Platform for Beginners

Best Trading Platform for Beginners

Need help choosing a trading platform? Discover the 12 best for beginners in this comprehensive guide.
Small Investments That Make Money

Small Investments That Make Money

You don't need to be rich to start investing. Here are 15 easy ways to invest small amounts of money.
Best Ways to Invest $50,000

Best Ways to Invest $50,000

Have $50,000 to invest? Here are 10+ smart investment ideas to turn $50k into even bigger money.
How to Invest Money

How to Invest Money

Invest smartly, even if you're new to the game. Discover how to begin investing in stocks and real estate with little money.
Best Investment Apps

Best Investment Apps

There are a ton of investing apps to help you get started. But which ones will fit your investing style? Read on to find out.
Best Short Term Investment Options

Best Short Term Investment Options

The best short term investment options provide good returns with low risk. Here are the top 10 strategies for your short term goals.

About CreditDonkey
CreditDonkey is a personal finance comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: Many of the offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.

About Us | Reviews | Deals | Tips | Privacy | Do Not Sell My Info | Terms | Contact Us
(888) 483-4925 | 680 East Colorado Blvd, 2nd Floor | Pasadena, CA 91101
© 2024 CreditDonkey Inc. All Rights Reserved.