TD Ameritrade vs Ally Invest

TD Ameritrade is a good online broker for long-term investors. How does it compare to Ally Invest? Read our comparison chart below.

TD Ameritrade offers stock trades at $6.95 per trade and 300+ commission free ETFs. This online broker also has more than 100 branch locations. There is no minimum deposit, no maintenance fee, and no inactivity fee.

While 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.

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

	TD Ameritrade	Ally Invest


	SPECIAL OFFER Get 60 Days of Commission-Free Trading - Learn More Read TD Ameritrade Review	SPECIAL OFFER Get Up to $3,500 Cash Bonus and Commission Free Trades for 90 Days - Learn More Read Ally Invest Review
	Benefits and Features
Stock Trading	$6.95 per trade	$4.95 per trade ($3.95 per equity trade special pricing for high-volume/high-balance traders)
Options Trading	$6.95 + $0.75 per contract	$4.95 base + $0.65 per contract ($0.50 per options contract special pricing for high-volume/high-balance traders)
Minimum Deposit	$0	$0
Mutual Fund Trading	$0 for no-transaction-fee mutual funds $49.99 for no-load mutual funds $0 for load mutual funds	$0 to buy/sell load mutual funds $9.95 to buy/sell no load mutual funds
Commission Free ETFs	300+ Commission-Free ETFs	100+ including ETFs from WisdomTree
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.
Broker Assisted Trades	$44.99	$20 + Regular Commission
Customer Service	(800) 669-3900	(855) 880-2559 (Open 24/7)
Inactivity Fee	$0
Maintenance Fee	$0
Banking	Cash Management account offers free ATM withdrawals, no monthly maintenance fees, free online bill pay, and free check writing.	Integrated with banking on ally.com. Manage your Ally banking and investment accounts in one place.
Mobile App
Desktop App	Thinkorswim
Forex Trading
Futures Trading	$2.25 per contract (plus exchange & regulatory fees)
Locations	More than 100 locations in 34 states
Online Community		Trader Network to connect with other investors
Seminars	Online webcast
Virtual Trading	Paper Trading to practice/test strategies and ideas.
	CreditDonkey® Reviews

Stock Trading
Options Trading
Banking
Mobile App
Commissions and Fees
Ease of Use
Online Community
Research
Trading Platform
Pros & Cons	Pros: Easy to Use Thinkorswim Platform Customer Service Cons: Trade Fees	Pros: Low commission for stock trades No account minimums Ally LIVE platform Cons: No physical locations
Bottom Line	Good online broker for long-term investors... Read full review	Good low-price discount stock broker for savvy investors... Read full review

	Get 60 Days of Commission-Free Trading Get $100 and 60 Days of Commission-Free Trading Get $300 and 60 Days of Commission-Free Trading	Get Up to $3,500 Cash Bonus and Commission Free Trades for 90 Days Get $50 Cash Bonus and Commission Free Trades for 90 Days Get $200 Cash Bonus and Commission Free Trades for 90 Days
What Others View	Fidelity E*TRADE Charles Schwab Vanguard Betterment Scottrade	E*TRADE Fidelity Scottrade Interactive Brokers
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. TD Ameritrade: Pricing information from published website as of 4/19/2019 Ally Invest: Pricing information from published website as of 4/19/2019. TD Ameritrade: TD Ameritrade has not influenced the content of CreditDonkey. CreditDonkey may earn compensation for accounts opened at TD Ameritrade.

Which is Better: TD Ameritrade or Ally Invest?

Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing TD Ameritrade or Betterment.

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