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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 08/13/2024.


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?


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About CreditDonkey
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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.

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