CreditDonkey is a stock broker comparison and reviews website. This website is made possible through financial relationships with card issuers and some of the products and services mentioned on this site. Advertiser Disclosure†






Fidelity vs Ally Invest

Fidelity is a comprehensive online broker with in-depth research. How does it compare to Ally Invest? Read our comparison chart below.

Fidelity offers stock trades at $0 per trade and more than 180 branch locations. There is no minimum deposit.

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

 Ally Invest
 Learn MoreVisit Site
 

Fidelity

Ally Invest

SPECIAL OFFER
Commission-Free Trading - Online Stock, ETF and Option Trades - Learn More

Read Fidelity Review

SPECIAL OFFER
Get Up to $3,500 Cash Bonus - Learn More

Read Ally Invest Review

 

Benefits and Features

Stock Trading
$0 per trade
$0 per trade
Options Trading$0 per online trade, plus $0.65 per contract
$0 base + $0.50 per contract
Minimum Deposit
$0
$0
Mutual Fund Trading$0 transaction fee for Fidelity funds
$0 on purchase for NTF (no transaction fee) non-Fidelity funds. ($49.95 on redemption if held less than 60 days)
$49.95 on purchase for non-Fidelity funds; $0 on redemption. (Certain funds may have a $75 transaction fee).
$0 to buy/sell load mutual funds
$9.95 to buy/sell no load mutual funds
Commission Free ETFs357 including 28 Fidelity factor, sector, stock, and bond ETFs and 329 iShares® ETFs500+ including ETFs from WisdomTree
Penny Stocks $0.01 per share on the entire order for stocks priced less than $2.00.
Broker Assisted Trades$32.95 per trade for representative-assisted trades.
$20 + Regular Commission
Customer Service
(800) 343-3548
(855) 880-2559 (Open 24/7)
Inactivity Fee
$0
 
Maintenance Fee
$0 account service fee
 
BankingFidelity Cash Management Account includes reimbursed ATM fees, no monthly fee, no minimum balance requirement, FDIC insurance, mobile check deposit, free billpay and free checkwriting.Integrated with banking on ally.com. Manage your Ally banking and investment accounts in one place.
Mobile App
Desktop AppActive Trader Pro (requires you trade 36 times or more in a rolling 12 month period) 
Forex Trading 
Locations
More than 180
 
Virtual Trading
 
 

CreditDonkey® Reviews

 Ally Invest
Stock Trading
Options Trading
Mutual Fund Trading
Banking
Mobile App
Commissions and Fees
Research
Ease of Use
Online Community
Trading Platform
Pros & ConsPros:
  • Research reports
  • Beginner-friendly tools
  • Mobile app
Cons:
  • Restricted platform
Pros:
  • Low commission for stock trades
  • No account minimums
  • Ally LIVE platform
Cons:
  • No physical locations
Bottom LineComprehensive online broker with in-depth research... Read full reviewGood low-price discount stock broker for savvy investors... Read full review
 Learn MoreVisit Site

Commission-Free Trading - Online Stock, ETF and Option Trades

What Others View

    Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

    Fidelity: Pricing information from published website as of 12/07/2019.

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

    Which is Better: Fidelity or Ally Invest?

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

    In short: Fidelity's research is excellent. Ally Invest's stock trading, options trading, and commissions and fees are impressive.


    Articles on Fidelity


    Articles on Ally Invest


    Which Do You Think is Best?


    You Might Also Like

      Residual Income

      Make money and get paid even after the upfront work is done. Learn how residual (or passive) income works. Here are 10 good investment ideas to build it.

      Best Investment Apps for Beginners

      Looking to start investing? You can begin with as little as $5. Check out these cheap (or free) apps for new investors.

      Best Online Brokerage

      What is the best online brokerage accounts for beginners? Read this guide to find investing platforms for mutual funds, IRAs, day trading and more.

      Best Trading Platform

      Which trading platform is the best for beginners? Using the wrong broker could lose you money. Read this review to the right one for stock and options.

      Best Discount Broker

      The best online broker offers low fees, great customer service, and smart research tools. Find the best discount brokerage to consider.

      Best Options Broker

      The best options broker offers great service, low prices, and a user-friendly trading platform. Find the top options brokers to consider.

      TD Ameritrade Review: Pros and Cons

      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.

      Study: Best Stock Broker App

      Staying on top of your investments no longer handcuffs you to a desktop computer and an occasional peek into how your funds are performing. With mobile apps, you have no excuse for not knowing how the overall market is doing or whether your own investments are tanking. The bad news is this can give you even more reasons to keep checking your phone (not that you needed any more reasons). But the good news is, the right app may make you a smarter, more effective investor.
      How to Compare Online Stock Brokers

      Stock Trading

      Are you tired of earning just pennies on your savings every month? Are you looking for another way to build wealth? Do you want to invest in the stock market but don't know where to start?

      Scottrade Review: Pros and Cons for Beginners

      With low trade fees, excellent resources, and superior customer service, Scottrade is a highly trusted online broker. Read on for our in-depth review.

    Compare Fidelity to:


    You might also be interested in

    Earn Side Money

    With so many bills to pay, it can be hard to squeeze anything more out of your budget. Especially when you sit down to unravel all those crumpled up receipts and add up the cost of groceries, gas and rent.

    Compare Ally Invest to:


    Next Page:

    About CreditDonkey®
    CreditDonkey is a stock broker comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

    Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

    †Advertiser Disclosure: Many of the card offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

    *See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

    CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.