Ally Invest vs Choice IRA

Ally Invest is a good low-price discount stock broker for savvy investors. How does it compare to Choice IRA? Read our comparison chart below.

	Ally Invest	Choice IRA


	SPECIAL OFFER Get Up to $3,000 - Learn More Read Ally Invest Review	SPECIAL OFFER Pay Less Tax on Bitcoin - Learn More Read Choice IRA Review
	Benefits and Features
Stock Trading	$0 per trade
Options Trading	$0 base + $0.50 per contract
Minimum Deposit	$0	$0
Mutual Fund Trading	$0 to buy/sell load mutual funds $9.95 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	$20 + Regular Commission
Customer Service	(855) 880-2559
Setup Fee		$0 for No Annual Fee Account and Cold Storage; $500 for Hold Your Own Keys trust setup
Banking	Integrated with banking on ally.com. Manage your Ally banking and investment accounts in one place.
Mobile App
Two-Factor Authentication		Yes
Forex Trading
	CreditDonkey® Reviews

Stock Trading
Options Trading
Banking
Mobile App
Commissions and Fees
Ease of Use
Online Community
Research
Trading Platform
Cryptocurrency Trading
Safety
Pros & Cons	Pros: Low commission for stock trades No account minimums Ally platform Cons: No physical locations	Pros: No minimums $0 monthly fee option A range of assets Cons: Limited research tools
Bottom Line	Good low-price discount stock broker for savvy investors... Read full review	Low-cost platform to invest in stocks, crypto, and metals all in one IRA... Read full review

	Get Up to $3,000 Get Up to $3,000 Cash Bonus Commission-Free Stock Trades	Pay Less Tax on Bitcoin
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 04/01/2021.

Get Up to $3,000

Get Cash Bonus

Expires 9/30/2022

The minimum qualifying deposit to receive a cash bonus is $10,000. Accounts will be reviewed 60 days after account opening to determine the total qualifying deposit. Corresponding cash bonus will be credited to the account within 10 business days. Once the bonus is credited to the account, the bonus and qualifying deposit (minus any trading losses) is not available for withdrawal for 300 days. If the qualifying deposit is withdrawn, the bonus may be revoked.

Deposit or Transfer	Cash Bonus
$10,000 - $24,999	$100
$25,000 - $99,999	$250
$100,000 - $249,999	$300
$250,000 - $499,999	$600
$500,000 - $999,999	$1,200
$1,000,000 - $1,999,999	$2,000
$2,000,000+	$3,000

Get Up to $3,000 Cash Bonus

Get Cash Bonus

Expires 9/30/2022

New Ally Invest customers only. Account must be funded for at least 60 days to be eligible for cash bonus.

Commission-Free Stock Trades

Get Deal

With no minimum account balance and no minimum trade activity

Which is Better: Ally Invest or Choice IRA?

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

In short: Ally Invest's commissions and fees and research are noteworthy. In particular, the commissions and fees is impressive. Choice IRA's ease of use is excellent.