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Ally Invest vs Betterment

Ally Invest is a good low-price discount stock broker for savvy investors. How does it compare to Betterment? Read our comparison chart below.

Ally Invest (formerly TradeKing) offers stock trades at $4.95 per trade and options trading at $4.95 + $0.65 per contract. There is no minimum deposit.

While Betterment offers automatic investing starting at an annual fee of 0.25% of your account balance. There is no fee to open an account and no minimum deposit required. All balances get automatic rebalancing, tax loss harvesting, and access to financial experts.

Compare Ally Invest with Betterment, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

 Ally InvestBetterment
 Visit SiteVisit Site
 

Ally Invest

Betterment

SPECIAL OFFER
Get Up to $3,500 Cash Bonus and Commission Free Trades for 90 Days - Learn More

Read Ally Invest Review

SPECIAL OFFER
Get up to 1 Year Managed Free - Learn More

Read Betterment Review

 

Benefits and Features

Stock Trading$4.95 per trade ($3.95 per equity trade special pricing for high-volume/high-balance traders) 
Options Trading$4.95 base + $0.65 per contract ($0.50 per options contract special pricing for high-volume/high-balance traders) 
Annual Fee 0.25% for accounts under $100,000; 0.40% for accounts $100,000+
Minimum Deposit
$0
$0
Mutual Fund Trading$0 to buy/sell load mutual funds
$9.95 to buy/sell no load mutual funds
 
Commission Free ETFs100+ including ETFs from WisdomTree 
Phone Support 
Yes
Live Chat Support 
No
Email Support 
Yes
Human Advisors 
Yes
Robo Advisor 
Assets Under Management 
$14 Billion
Penny Stocks$0.01 per share on the entire order for stocks priced less than $2.00. Maximum commission per order not to exceed 5% of the trade value, with minimum commission of $4.95. 
Tax Loss Harvesting 
Yes
Goal Tracker 
Yes
Automatic Deposits 
Yes
Broker Assisted Trades
$20 + Regular Commission
 
Customer Service
(855) 880-2559 (Open 24/7)
 
Online Platform 
Yes
iPhone App 
Yes
Android App 
Yes
BankingIntegrated with banking on ally.com. Manage your Ally banking and investment accounts in one place. 
Mobile App
 
Forex Trading
 
Futures Trading
 
Online CommunityTrader Network to connect with other investors 
Single Stock Diversification 
No
Fractional Shares 
Yes
Taxable Accounts 
Yes
401k Plans 
Yes
IRA Accounts 
Yes
Roth IRA Accounts 
Yes
SEP IRA Accounts 
Yes
Trust Accounts 
Yes
529 Plans 
No
 

CreditDonkey® Reviews

 Ally InvestBetterment
Stock Trading
Options Trading
Banking
Mobile App
Commissions and Fees
Ease of Use
Online Community
Research
Trading Platform
Annual Fee
Minimum Deposit
Human Advisors
Customer Service
Pros & ConsPros:
  • Low commission for stock trades
  • No account minimums
  • Ally LIVE platform
Cons:
  • No physical locations
Pros:
  • No minimum investment
  • Many customized portfolios
  • Automatically invest extra funds
Cons:
  • Limited investment options
  • High fees for large investors
Bottom LineGood low-price discount stock broker for savvy investors... Read full reviewGreat robo-advisor for beginners with low fees, good tools, and tax strategies... Read full review
 Visit SiteVisit Site
What Others View

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Ally Invest: Pricing information from published website as of 07/18/2019.

Betterment: Pricing information from published website as of 04/04/2018

Which is Better: Ally Invest or Betterment?

Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Ally Invest or E*TRADE.


Articles on Ally Invest


Articles on Betterment


Which Do You Think is Best?


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