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Ally Invest vs Webull

Ally Invest is a good low-price discount stock broker for savvy investors. How does it compare to Webull? 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 Webull offers commission-free stock and ETF trading using their mobile app. There is no minimum deposit required.

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

 Webull
 Learn MoreVisit Site
 

Ally Invest

Webull

SPECIAL OFFER
Commission-Free Stock Trades - Learn More

Read Ally Invest Review

SPECIAL OFFER
Get up to 12 free fractional shares - Learn More

Read Webull Review

 

Benefits and Features

Stock Trading
$0 per trade
$0
Options Trading
$0 base + $0.50 per contract
$0
Annual Fee 
None
Cryptocurrency Trading 
$0
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+
All U.S. listed ETFs
Phone Support 
24/7
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
24/7 via phone and email
Good For Experienced investors; Active traders
Inactivity Fee 
$0
Maintenance Fee 
$0
BankingIntegrated with banking on ally.com. Manage your Ally banking and investment accounts in one place.
No
Mobile App
Check
Yes
Desktop App 
Yes
Two-Factor Authentication 
Mobile Only
Forex Trading
Check
 
Virtual Trading Yes. Free paper trading account with $1,000,000 in fake money
Fractional Shares 
Yes
Taxable Accounts 
Yes
IRA Accounts 
Yes
 

CreditDonkey® Reviews

 Webull
Stock TradingStarStarStarStarStarStarStarStarStarEmpty Star
Options TradingStarStarStarStarStarStarStarStarStarHalf Star
BankingStarStarStarStarHalf Star
Mobile AppStarStarStarHalf StarEmpty StarStarStarStarStarHalf Star
Commissions and FeesStarStarStarStarStarStarStarStarStarStar
Ease of UseStarStarStarStarEmpty StarStarStarStarEmpty StarEmpty Star
Online CommunityStarStarStarStarStar
ResearchStarStarStarHalf StarEmpty StarStarStarStarStarEmpty Star
Trading PlatformStarStarStarStarEmpty Star
Pros & ConsPros:
  • Low commission for stock trades
  • No account minimums
  • Ally platform
Cons:
  • No physical locations
Pros:
  • No trade fees
  • Advanced research tools
  • Extended trading hours
  • Offers fractional shares
Cons:
  • Not beginner friendly
Bottom LineGood low-price discount stock broker for savvy investors... Read full reviewGood free trading app for more experienced investors... Read full review
 Learn MoreVisit Site

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.

Webull

Get up to 12 free fractional shares

Expires 2/28/2023
Get up to 12 free fractional shares (at least 6 shares) by opening and funding ANY AMOUNT for a new account.
  • Open a brokerage account to get 2 free stocks each valued at $3 - $300
  • Deposit any amount to get up to 10 free stocks each valued at $7 - $3000
Webull

$75 Account Transfer Bonus

  • Transfer a brokerage account over to Webull and get $75 deposited into the account. The incoming brokerage account must have at least $2,000 or more in assets to receive this bonus.
  • Transfer an IRA over to Webull and get $75 deposited into the account. The incoming IRA must have at least $5,00 or more in assets to receive this month.

Which is Better: Ally Invest or Webull?

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

In short: Ally Invest's stock trading and ease of use are noteworthy. In particular, the stock trading is impressive. Webull's mobile app is worth mentioning.


Articles on Ally Invest

TradeKing

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

Is Ally Invest Good For Beginners

Ally Invest is a popular fee-free online brokerage. Is it good for beginners? Read on.

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 Phone Number

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 Webull

Webull Review

Webull offers $0 trades for stocks, ETFs, options, and cryptocurrencies. But it's not perfect. Find out if Webull fits your investing needs.

Which Do You Think is Best?





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