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Ally Invest vs Coinbase

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

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.

While Coinbase is a large, beginner-friendly crypto exchange with relatively high fees. Through their easy-to-use app they offer a range of features including staking, educational rewards, and limited crypto-backed loans.

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

 Ally Invest
 Visit SiteLearn More
 

Ally Invest

Coinbase

SPECIAL OFFER
Get Up to $3,000 - Learn More

Read Ally Invest Review

SPECIAL OFFER
Earn $5 in bitcoin on your first trade on Coinbase - Learn More

Read Coinbase Review

 

Benefits and Features

Stock Trading
$0 per trade
No
Options Trading
$0 base + $0.50 per contract
No
Annual Fee 
None
Cryptocurrency Trading 
Check
Minimum Deposit
$0
$2
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
 
Ethereum (ETH) Interest Rates 
6.0%
USD Coin (USDC) Interest Rates 
0.15%
BankingIntegrated with banking on ally.com. Manage your Ally banking and investment accounts in one place. 
Mobile App
Check
Yes
Two-Factor Authentication 
SMS or Google Authenticator
Forex Trading
Check
 
Stake Crypto 
ALGO, ATOM, ETH, XTZ, ADA
 

CreditDonkey® Reviews

 Ally Invest
Stock TradingStarStarStarStarStar
Options TradingStarStarStarStarStar
BankingStarStarStarStarHalf Star
Mobile AppStarStarStarHalf StarEmpty StarStarStarStarStarStar
Commissions and FeesStarStarStarStarStarStarStarStarHalf StarEmpty Star
Ease of UseStarStarStarStarEmpty StarStarStarStarStarStar
Online CommunityStarStarStarStarStar
ResearchStarStarStarHalf StarEmpty StarStarStarStarStarStar
Trading PlatformStarStarStarStarEmpty Star
Cryptocurrency TradingStarStarStarStarStar
Interest AccountsStarStarEmpty StarEmpty StarEmpty Star
Crypto LoansStarEmpty StarEmpty StarEmpty StarEmpty Star
SafetyStarStarStarStarHalf Star
Pros & ConsPros:
  • Low commission for stock trades
  • No account minimums
  • Ally platform
Cons:
  • No physical locations
Pros:
  • Simple interface for beginners
  • 160 supported coins
  • Earn cryptos by learning
Cons:
  • Expensive and complex trading fee structure
  • Only email support
Bottom LineGood low-price discount stock broker for savvy investors... Read full reviewGood beginner-friendly exchange with relatively high fees... Read full review
 Visit SiteLearn More

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.

Coinbase: Pricing information from published website as of 04/13/2021.

Ally Invest

Get Up to $3,000

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 TransferCash 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

Ally Invest

Get Up to $3,000 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.

Ally Invest

Commission-Free Stock Trades

With no minimum account balance and no minimum trade activity

Which is Better: Ally Invest or Coinbase?

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 is impressive. Coinbase's mobile app, ease of use, and research are excellent.


Articles on Ally Invest

TradeKing Review

Ally Invest offers free trades for stocks and ETFs. But is it good? Find out how it compares to other online brokers.

Ally Invest Roth IRA

Ally Invest's Roth IRA account has no annual fee and no commission trades. Is it right for your retirement funds? Read on to learn how Ally Invest Roth IRA accounts work.

Ally Invest Login

Ally Invest offers good customer service and online login access. The best way to connect with Ally Invest customer service may surprise you. Read on.

Articles on Coinbase

Coinbase

Coinbase is a digital currency exchange where you can buy and sell cryptocurrency. Find out if it's safe, and how it compares to other crypto exchanges.

Is Coinbase Safe

Coinbase is one of the most popular cryptocurrency exchanges out there. But is it safe? Read on to find out.

Gemini vs Coinbase

Coinbase and Gemini are two leading trading platforms where you can trade Bitcoin and other popular cryptocurrencies. But how do they stack up?

Coinbase vs Robinhood

Investors new to crypto have no doubt heard of Robinhood and Coinbase. But which is better for crypto trading? Read on to learn the pros and cons of each.

BlockFi vs Coinbase

Coinbase and BlockFi are some of the biggest names in crypto trading. But how do you choose which platform to use? Get to know the pros and cons of each.

Coinbase Alternatives

Coinbase is the most popular crypto exchange, but it's also expensive. See how it compares against alternatives like eToro, BlockFi, Gemini, and more.

Which Do You Think is Best?





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