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Ally Invest vs TD Ameritrade

Ally Invest is a good low-price discount stock broker for savvy investors. How does it compare to TD Ameritrade? 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 TD Ameritrade offers stock trades at $6.95 per trade and 296 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.

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

 Ally InvestTD Ameritrade
 Visit SiteVisit Site
 

Ally Invest

TD Ameritrade

SPECIAL OFFER
Get $200 Cash Bonus or $500 in Commission-Free Trades - Learn More

Read Ally Invest Review

SPECIAL OFFER
Get 60 Days of Commission-Free Trading - Learn More

Read TD Ameritrade Review

 

Benefits and Features

Stock Trading$4.95 per trade ($3.95 per equity trade special pricing for high-volume/high-balance traders)
$6.95 per trade
Options Trading$4.95 base + $0.65 per contract (50 cents per options contract special pricing for high-volume/high-balance traders)
$6.95 + $0.75 per contract
Mutual Fund Trading$0 to buy/sell load mutual funds
$9.95 to buy/sell no load mutual funds
$0 for no-transaction-fee mutual funds
$49.99 for no-load mutual funds
$0 for load mutual funds
Commission Free ETFs 
296 Commission-Free ETFs
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
$20 + Regular Commission
$44.99
Customer Service
(855) 880-2559 (Open 24/7)
(800) 669-3900
Inactivity Fee 
$0
Maintenance Fee 
$0
Minimum Deposit
$0
$0
BankingIntegrated with banking on ally.com. Manage your Ally banking and investment accounts in one place.Cash Management account offers free ATM withdrawals, no monthly maintenance fees, free online bill pay, and free check writing.
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 CommunityTrader Network to connect with other investors 
Seminars 
Online webcast
Virtual Trading Paper Trading to practice/test strategies and ideas.
 

CreditDonkey® Reviews

 Ally InvestTD Ameritrade
Stock Trading
Options Trading
Banking
Mobile App
Commissions and Fees
Ease of Use
Online Community
Research
Trading Platform
Pros & ConsPros:
  • Low commission for stock trades
  • No account minimums
  • Online trader network
Pros:
  • Easy to Use
  • Thinkorswim Platform
  • Customer Service
Cons:
  • Trade Fees
Bottom LineGood low-price discount stock broker for savvy investors... Read full reviewGood online broker for long-term investors... Read full review
 Visit SiteVisit Site
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.

Ally Invest: Pricing information from published website as of 09/18/2017

TD Ameritrade: Pricing information from published website as of 03/13/2017

Which is Better: Ally Invest or TD Ameritrade?

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.

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


Explore Ally Invest In-Depth


Explore TD Ameritrade In-Depth

    Ameritrade

    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.

Which Do You Think is Best?

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

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