Fidelity vs Ally Invest
Fidelity is a cash management account with a decent APY. How does it compare to Ally Invest? Read our comparison chart below.
Fidelity offers stock trades at $0 per trade and more than 180 branch locations. There is no minimum deposit.
While Ally Invest (formerly TradeKing) offers stock trades at $0 per trade and options trading at $0 + $0.50 per contract. There is no minimum deposit.
Compare Fidelity with Ally Invest, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
Fidelity | Ally Invest | |
---|---|---|
Commission-Free Trading - Online Stock, ETF and Option Trades - | Commission-Free Stock Trades - | |
Benefits and Features | ||
Stock Trading | ||
Options Trading | ||
Annual Fee | ||
Cryptocurrency Trading | ||
Minimum Deposit | ||
Mutual Fund Trading |
| |
Commission Free ETFs | ||
Penny Stocks | $0.01 per share on the entire order for stocks priced less than $2.00. | |
Broker Assisted Trades | ||
Inactivity Fee | ||
Maintenance Fee | ||
Banking | Integrated with banking on ally.com. Manage your Ally banking and investment accounts in one place. | |
Mobile App | ||
Forex Trading | ||
Customer Service | ||
CreditDonkey® Reviews | ||
Savings | ||
Fees | ||
Mobile App | ||
Customer Service | ||
Stock Trading | ||
Options Trading | ||
Mutual Fund Trading | ||
Banking | ||
Commissions and Fees | ||
Ease of Use | ||
Online Community | ||
Research | ||
Trading Platform | ||
Pros & Cons | Pros:
| Pros:
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Bottom Line | Cash management account with a decent APY... | Good low-price discount stock broker for savvy investors... |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Fidelity: Pricing information from published website as of 11/22/2023. Ally Invest: Pricing information from published website as of 04/01/2021. |
Which is Better: Fidelity or Ally Invest?
Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Fidelity or Robinhood.