SoFi Invest vs Ally Invest

SoFi Invest is a commission-free stock trading app for beginners new to investing. How does it compare to Ally Invest? Read our comparison chart below.

		Ally InvestRobinhoodWebullAcorns
	Learn More	Learn More
	SoFi Invest	Ally Invest
	SPECIAL OFFER Active Investing with SoFi - Learn More Read SoFi Invest Review	SPECIAL OFFER Commission-Free Stock Trades - Learn More Read Ally Invest Review
	Benefits and Features
Stock Trading	$0	$0 per trade
Options Trading	$0 ($5 exercise/assignment fee)	$0 base + $0.50 per contract
Annual Fee	None	$0
Minimum Deposit	$0	$0
Mutual Fund Trading		$0 to buy/sell load mutual funds $0 to buy/sell no load mutual funds
Commission Free ETFs	All U.S. listed ETFs	500+
Phone Support
Live Chat Support
Penny Stocks		$0.01 per share on the entire order for stocks priced less than $2.00.
Broker Assisted Trades		$20 + Regular Commission
Inactivity Fee		$0
Maintenance Fee	$0
Banking		Integrated with banking on ally.com. Manage your Ally banking and investment accounts in one place.
Mobile App
Forex Trading
Customer Service	Monday to Thursday from 5am to 7pm Pacific Friday to Sunday from 5am to 5pm Pacific	(855) 880-2559
Trading Platform		Web Trading, Mobile Apps
Virtual Trading	No
	CreditDonkey® Reviews
Minimum Deposit
Price
Customer Service
Pros & Cons	Pros: Commission-free trades $0 account minimum No management fees Cons: No tax loss harvesting Limited customer service No options trading, mutual funds, or bonds
Bottom Line	Commission-free stock trading app for beginners new to investing... Read full review	Read full review
	Active Investing with SoFi	Commission-Free Stock Trades Open an Ally Invest account Automated Investing to Help Save Your Time
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.

Articles on SoFi Invest

SoFi Invest Review

Do you want the commission-free trades but need a little more guidance? Then SoFi Invest might be just what you need.

• SoFi Invest vs Robinhood
• SoFi Invest vs Webull

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.

• Ally Invest vs Acorns

Which Do You Think is Best?

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