Ally Invest vs Coinmama
Ally Invest is a good low-price discount stock broker for savvy investors. How does it compare to Coinmama? 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 Coinmama is a comparatively expensive, non-custodial cryptocurrency exchange that focuses on quick and easy purchases. Through their simple desktop site, they support debit and credit cards, as well as Apple and Google Pay.
Compare Ally Invest with Coinmama, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
 |  | |
 | | |
Ally Invest | Coinmama | |
|---|---|---|
Get Up to $3,000 - | Buy and Sell Cryptocurrency Instantly - | |
Benefits and Features | ||
| Stock Trading | ||
| Options Trading | ||
| Minimum Deposit | ||
| Mutual Fund Trading |
| |
| Commission Free ETFs | ||
| Penny Stocks | $0.01 per share on the entire order for stocks priced less than $2.00. | |
| Broker Assisted Trades | ||
| Customer Service | ||
| Banking | Integrated with banking on ally.com. Manage your Ally banking and investment accounts in one place. | |
| Mobile App |  | |
| Two-Factor Authentication | ||
| 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:
| Pros:
|
| Bottom Line | Good low-price discount stock broker for savvy investors... | Good international crypto exchange but has high fees and limited currencies... |
| | |
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. Coinmama: Pricing information from published website as of 04/13/2021. | ||
Get Up to $3,000
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 If the qualifying deposit is withdrawn, the bonus may be revoked.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
New Ally Invest customers only. Account must be funded for at least 60 days to be eligible for cash bonus.
Which is Better: Ally Invest or Coinmama?
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. Coinmama's ease of use is outstanding.
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