Ally Invest vs ZacksTrade

Ally Invest is a good low-price discount stock broker for savvy investors. How does it compare to ZacksTrade? 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 ZacksTrade offers stock trades starting at $3 per trade, and options trading at $3 + $0.75 per contract. This discount broker is known for its robust research tools. There is an account minimum of $2,500, no maintenance fee, and no inactivity fee.

Compare Ally Invest with ZacksTrade, side-by-side.

	Ally Invest	ZacksTrade
	SPECIAL OFFER Commission-Free Stock Trades - Learn More Read Ally Invest Review	Get Up to $150 Transfer Fee Credit - Learn More
	Benefits and Features
Stock Trading	$0 per trade	Greater than $1 per share: $0.01 per share, $1 minimum; Less than $1 per share: 1% of Trade Value, $1 minimum
Options Trading	$0 base + $0.50 per contract	$1 for First Contract + $0.75 per additional
Minimum Deposit	$0	$2,500
Mutual Fund Trading	$0 to buy/sell load mutual funds $0 to buy/sell no load mutual funds	$27.50 (Greater than $1 per share)
Commission Free ETFs	500+
Penny Stocks	$0.01 per share on the entire order for stocks priced less than $2.00.	Less than $1 per share: 1% of the principle, $1 minimum.
Broker Assisted Trades	$20 + Regular Commission	No extra charge
Inactivity Fee		$0
Maintenance Fee		$0
Banking	Integrated with banking on ally.com. Manage your Ally banking and investment accounts in one place.	No
Mobile App		Yes, iOS & Android
Desktop App		ZacksTrader & ZacksTradePro
Forex Trading		No
Futures Trading		No
Customer Service	(855) 880-2559	9am - 6pm ET - Call (312) 265-9406 (local) or (888) 979-2257 (toll free)
Locations		No physical locations
Virtual Trading		Can request demo account pre-loaded with $1 Million in paper trading funds. Access for 90 days.
	CreditDonkey® Reviews
Stock Trading
Options Trading
Mutual Fund Trading
Banking
Mobile App
Commissions and Fees
Ease of Use
Online Community
Research
Trading Platform
Pros & Cons	Pros: Low commission for stock trades No account minimums Ally platform Cons: No physical locations
Bottom Line	Good low-price discount stock broker for savvy investors... Read full review
	Commission-Free Stock Trades Open an Ally Invest account Automated Investing to Help Save Your Time
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. ZacksTrade: Pricing information from published website as of 07/10/2020

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

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.

• Ally Invest vs Robinhood
• Ally Invest vs Acorns

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 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.

Which Do You Think is Best?

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