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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
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
Check
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
 
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
Check
Desktop App
Yes
 
Forex Trading
No
Check
Futures Trading
No
 
Customer Service
24/7
(855) 880-2559
LocationsMore than 2,100 Bank of America locations 
Online Community
No
 
Seminars
Yes
 
Virtual Trading
No
 

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 04/01/2021.


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.

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