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 $0 commission online stock, ETF, and option trades. 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 $0 per trade and options trading at $0 + $0.50 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 Commission-Free Trading - Online Stock, ETF and Option Trades - Learn More Read TD Ameritrade Review	SPECIAL OFFER Get Up to $3,500 Cash Bonus - Learn More Read Ally Invest Review
	Benefits and Features
Stock Trading	$0 commission for online stock, ETF, and option trades	$0 per trade
Options Trading	$0.65 per contract	$0 base + $0.50 per contract
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	550+ Commission-Free ETFs	500+ including ETFs from WisdomTree
Penny Stocks		$0.01 per share on the entire order for stocks priced less than $2.00.
Broker Assisted Trades	$44.99	$20 + Regular Commission
Customer Service	(800) 669-3900 (Open 24/7)	(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
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
	Commission-Free Trading - Online Stock, ETF and Option Trades Get $100 When You Deposit $25,000 or More Get $300 When You Deposit $100,000 or More	Get Up to $3,500 Cash Bonus Commission-Free Stock Trades Get $50 Cash Bonus
What Others View	Fidelity E*TRADE Charles Schwab Vanguard Betterment Scottrade
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 07/18/2019. Ally Invest: Pricing information from published website as of 07/18/2019. 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.

In short: TD Ameritrade's mobile app, ease of use, research, and trading platform are impressive. Ally Invest's stock trading, options trading, banking, commissions and fees, and online community are impressive.

Articles on TD Ameritrade

Ameritrade
TD Ameritrade fees are higher than competitors, but is it worth it? We say yes and here's why. We analyze and compare it for you in our in-depth review.
• TD Ameritrade vs Fidelity
• TD Ameritrade vs E*TRADE
• TD Ameritrade vs Charles Schwab
TD Ameritrade Customer Service
TD Ameritrade offers 24/7 customer service - both online and on the phone. But the best way to actually contact TD Ameritrade may surprise you. Read on.
• TD Ameritrade vs Vanguard
• TD Ameritrade vs Betterment
• TD Ameritrade vs Scottrade

Articles on Ally Invest

Ally Invest
Ally Invest (formerly TradeKing) offers one of the lowest trade fees, but is it good? Learn the pros and cons and see comparisons with other online brokers in this in-depth review.
• Ally Invest vs Interactive Brokers
Ally Invest Roth IRA
Ally Invest's Roth IRA account has no annual fee and low trade commissions. Is it right for your retirement funds? Read on to learn how Ally Invest Roth IRA accounts work.
Ally Invest Fees
Ally Invest offers Cash-Enhanced Managed Portfolio for no advisory fees and no minimum deposit for self-directed trades. But is it good for beginners? Read on for the answer.
Ally Invest Login
Ally Invest offers 24/7 customer service and online login access. The best way to connect with Ally Invest customer service may surprise you. Read on.

Which Do You Think is Best?

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