| Rankings | ||
|---|---|---|
| Broker Reviews | ||
| Tips | ||
| Promotions | ||
| Robo Advisor Reviews | ||
| Resources | ||
Ally Invest vs Fidelity
Ally Invest is a good low-price discount stock broker for savvy investors. How does it compare to Fidelity? 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 Fidelity offers stock trades at $4.95 per trade, 93 commission free ETFs, and more than 180 branch locations. There is no minimum deposit.
Compare Ally Invest with Fidelity, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
 |  | |
 |  | |
Ally Invest | Fidelity | |
|---|---|---|
Get Up to $3,500 Cash Bonus and Commission Free Trades for 90 Days - | Get 500 Free Trades for 2 Years - | |
Benefits and Features | ||
| Stock Trading | $4.95 per trade ($3.95 per equity trade special pricing for high-volume/high-balance traders) | |
| Options Trading | $4.95 base + $0.65 per contract ($0.50 per options contract special pricing for high-volume/high-balance traders) | $4.95 per online trade, plus $0.65 per contract |
| Minimum Deposit | ||
| Mutual Fund Trading | $0 to buy/sell load mutual funds $9.95 to buy/sell no load mutual funds | $0 transaction fee for Fidelity funds $0 on purchase for NTF (no transaction fee) non-Fidelity funds. ($49.95 on redemption if held less than 60 days) $49.95 on purchase for non-Fidelity funds; $0 on redemption. (Certain funds may have a $75 transaction fee). |
| Commission Free ETFs | 100+ including ETFs from WisdomTree | 265 including 25 Fidelity factor, sector, stock, and bond ETFs and 240 iShares® 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 | $32.95 per trade for representative-assisted trades. | |
| Customer Service | ||
| Inactivity Fee | ||
| Maintenance Fee | ||
| Banking | Integrated with banking on ally.com. Manage your Ally banking and investment accounts in one place. | Fidelity Cash Management Account includes reimbursed ATM fees, no monthly fee, no minimum balance requirement, FDIC insurance, mobile check deposit, free billpay and free checkwriting. |
| Mobile App |  | |
| Desktop App | Active Trader Pro (requires you trade 36 times or more in a rolling 12 month period) | |
| Forex Trading | | |
| Futures Trading | | |
| Locations | ||
| Online Community | Trader Network to connect with other investors | |
| Virtual Trading | | |
CreditDonkey® Reviews | ||
| | |
| Stock Trading |  |  |
| Options Trading | | |
| Banking | | |
| Mobile App |  | |
| Commissions and Fees | | |
| Ease of Use | | |
| Online Community | | |
| Research | | |
| Trading Platform | | |
| Mutual Fund Trading | | |
| Pros & Cons | Pros:
| Pros:
|
| Bottom Line | Good low-price discount stock broker for savvy investors... | Comprehensive online broker with in-depth research... |
| | |
| 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 3/15/2019. Fidelity: Pricing information from published website as of 3/15/2019 | ||
Which is Better: Ally Invest or Fidelity?
Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Ally Invest or TD Ameritrade.
In short: Ally Invest's stock trading, options trading, and commissions and fees are impressive. Fidelity's research is excellent.
Articles on Ally Invest
Ally Invest
Ally Invest (formerly TradeKing) offers one of the lowest trade fees, but is it good? Learn the pros and cons and see comparisons with other online brokers in this in-depth review.
Ally Invest Login
Ally Invest offers 24/7 customer service and online login access. The best way to connect with Ally Invest customer service may surprise you. Read on.
Articles on Fidelity
Fidelity Review
Thinking of opening a brokerage account with Fidelity? There are many reasons to love Fidelity and a few reasons to think about going elsewhere.
Which Do You Think is Best?
You Might Also Like
Best Online Brokerage
Trading stocks isn't just for the rich and famous. Thanks to the internet, gone are the days of high commissions. Online brokers offer similar services to your traditional in-person broker. But they come at a fraction of the cost.
Best Trading Platform
Successful trading requires quick action and in-depth analysis. Using the wrong platform could leave you in financial ruin. But the right one can enhance your trading efforts.
Best Discount Broker
The best online broker offers low fees, great customer service, and smart research tools. Find the best discount brokerage to consider.
Best Options Broker
The best options broker offers great service, low prices, and a user-friendly trading platform. Find the top options brokers to consider.
Study: Best Online Brokers for the Money - TradeKing vs TD Ameritrade vs Fidelity
When looking for the best online broker, it's easy to become frustrated. If you rely on TV advertising to find a great one, you're going to get hit with bad fortune tellers, chimpanzees riding horses, and talking babies. It's tough to put your trust in those kinds of things, especially when your financial future is on the line.
TD Ameritrade Review: Pros and Cons
TD 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.
Study: Best Stock Broker App
Staying on top of your investments no longer handcuffs you to a desktop computer and an occasional peek into how your funds are performing. With mobile apps, you have no excuse for not knowing how the overall market is doing or whether your own investments are tanking. The bad news is this can give you even more reasons to keep checking your phone (not that you needed any more reasons). But the good news is, the right app may make you a smarter, more effective investor.
Stock Trading
Are you tired of earning just pennies on your savings every month? Are you looking for another way to build wealth? Do you want to invest in the stock market but don't know where to start?
Scottrade Review: Pros and Cons for Beginners
With low trade fees, excellent resources, and superior customer service, Scottrade is a highly trusted online broker. Read on for our in-depth review.
E*TRADE Review: Pros and Cons
E*TRADE is a highly well-known name, but does that mean it's that much better than its competitors? Read our in-depth review and see how it compares.
Compare Ally Invest to:
You might also be interested in
Related: Investing
 Straddle OptionWhat if you could straddle a stock's price - taking both the high and low end? It sounds like a win-win situation, right? | ||
Compare Fidelity to:
Next Page: Ally Invest