Merrill Edge vs Ally Invest

	Merrill Edge	Ally Invest
	SPECIAL OFFER $100 Bonus Offer - Learn More	SPECIAL OFFER Commission-Free Stock Trades - Learn More
	Benefits and Features
Stock Trading	$0 per trade	$0 per trade
Options Trading	$0 + $0.65 per contract	$0 base + $0.50 per contract
Annual Fee		$0
Minimum Deposit	$0	$0
Mutual Fund Trading	$0 for no load, no-transaction-fee funds ($39.95 short-term redemption fee if the fund is held less than 90 days) $19.95 for no load, transaction-fee funds	$0 to buy/sell load mutual funds $0 to buy/sell no load mutual funds
Commission Free ETFs		500+
Penny Stocks		$0.01 per share on the entire order for stocks priced less than $2.00.
Broker Assisted Trades	$29.95	$20 + Regular Commission
Inactivity Fee	None	$0
Maintenance Fee	$0
Banking	Through Bank of America	Integrated with banking on ally.com. Manage your Ally banking and investment accounts in one place.
Mobile App	Yes
Desktop App	Yes
Forex Trading	No
Futures Trading	No
Customer Service	24/7	(855) 880-2559
Locations	More than 2,100 Bank of America locations
Online Community	No
Seminars	Yes
Trading Platform		Web Trading, Mobile Apps
Virtual Trading	No
	$100 Bonus Offer $150 Bonus Offer $250 Bonus Offer	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. Merrill Edge: Pricing information from published websites as of 08/01/2024. Ally Invest: Pricing information from published website as of 01/08/2025.

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