Merrill Edge vs Ally Invest

	Merrill Edge	Ally Invest
	SPECIAL OFFER $100 Bonus Offer - Learn More	SPECIAL OFFER Commission-Free Stock Trades - Learn More Read Ally Invest Review
	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		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
Desktop App	Yes
Forex Trading	No
Futures Trading	No
Customer Service	24/7	(855) 880-2559
Locations	More than 2,100 Bank of America locations
Online Community	No
Seminars	Yes
Virtual Trading	No
	CreditDonkey® Reviews
Stock Trading
Options Trading
Mutual Fund Trading
Banking
Mobile App
Commissions and Fees
Ease of Use
Online Community
Research
Trading Platform
Pros & Cons		Pros: Low commission for stock trades No account minimums Ally platform Cons: No physical locations
Bottom Line		Good low-price discount stock broker for savvy investors... Read full review
	$100 Bonus Offer $150 Bonus Offer $250 Bonus Offer	Commission-Free Stock Trades Open an Ally Invest account Automated Investing to Help Save Your Time
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 10/17/2023. Ally Invest: Pricing information from published website as of 04/01/2021.

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