CreditDonkey is a stock broker comparison and reviews website. This website is made possible through financial relationships with card issuers and some of the products and services mentioned on this site. Advertiser Disclosure†






TD Ameritrade vs Ally Invest

TD Ameritrade is a good online broker for long-term investors. How does it compare to Ally Invest? Read our comparison chart below.

TD Ameritrade offers stock trades at $6.95 per trade and 300+ commission free ETFs. This online broker also has more than 100 branch locations. There is no minimum deposit, no maintenance fee, and no inactivity fee.

While 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.

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

 TD AmeritradeAlly Invest
 Visit SiteVisit Site
 

TD Ameritrade

Ally Invest

SPECIAL OFFER
Get 60 Days of Commission-Free Trading - Learn More

Read TD Ameritrade Review

SPECIAL OFFER
Get Up to $3,500 Cash Bonus and Commission Free Trades for 90 Days - Learn More

Read Ally Invest Review

 

Benefits and Features

Stock Trading
$6.95 per trade
$4.95 per trade ($3.95 per equity trade special pricing for high-volume/high-balance traders)
Options Trading
$6.95 + $0.75 per contract
$4.95 base + $0.65 per contract ($0.50 per options contract special pricing for high-volume/high-balance traders)
Minimum Deposit
$0
$0
Mutual Fund Trading$0 for no-transaction-fee mutual funds
$49.99 for no-load mutual funds
$0 for load mutual funds
$0 to buy/sell load mutual funds
$9.95 to buy/sell no load mutual funds
Commission Free ETFs
300+ Commission-Free ETFs
100+ including ETFs from WisdomTree
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
$44.99
$20 + Regular Commission
Customer Service
(800) 669-3900
(855) 880-2559 (Open 24/7)
Inactivity Fee
$0
 
Maintenance Fee
$0
 
BankingCash Management account offers free ATM withdrawals, no monthly maintenance fees, free online bill pay, and free check writing.Integrated with banking on ally.com. Manage your Ally banking and investment accounts in one place.
Mobile App
Desktop App
Thinkorswim
 
Forex Trading
Futures Trading$2.25 per contract (plus exchange & regulatory fees)
LocationsMore than 100 locations in 34 states 
Online Community Trader Network to connect with other investors
Seminars
Online webcast
 
Virtual TradingPaper Trading to practice/test strategies and ideas. 
 

CreditDonkey® Reviews

 TD AmeritradeAlly Invest
Stock Trading
Options Trading
Banking
Mobile App
Commissions and Fees
Ease of Use
Online Community
Research
Trading Platform
Pros & ConsPros:
  • Easy to Use
  • Thinkorswim Platform
  • Customer Service
Cons:
  • Trade Fees
Pros:
  • Low commission for stock trades
  • No account minimums
  • Ally LIVE platform
Cons:
  • No physical locations
Bottom LineGood online broker for long-term investors... Read full reviewGood low-price discount stock broker for savvy investors... Read full review
 Visit SiteVisit Site
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.

    TD Ameritrade: Pricing information from published website as of 5/10/2019.

    Ally Invest: Pricing information from published website as of 5/10/2019.

    TD Ameritrade: TD Ameritrade has not influenced the content of CreditDonkey. CreditDonkey may earn compensation for accounts opened at TD Ameritrade.

    Which is Better: TD Ameritrade or Ally Invest?

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

    In short: TD Ameritrade's mobile app, ease of use, research, and trading platform are impressive. Ally Invest's stock trading, options trading, banking, commissions and fees, and online community are impressive.


    Articles on TD Ameritrade


    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.

    Which Do You Think is Best?

    Name
    Email (won't be published)


    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.

      How to Invest $100k

      Investing large sums of money in a savings account or standard CD? That mistake may be costing you. Learn better ways to invest $100K and increase your profits in our guide.

      How to Start Investing

      Thinking about investing but unsure where to start? Read this beginner's guide for 7 smart steps to help you grow your money.

      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.
      How to Invest Money

      How to Invest and Make Your Money Work for You

      So, you want to invest some of your money, but you have no idea how to start? No problem. This handy 10-step guide is loaded with useful resources to help you get started.

      Fidelity Investments Review: Best Broker for Long-Term Investors?

      Thinking of opening a brokerage account with Fidelity? There are many reasons to love Fidelity and a few reasons to think about going elsewhere.

      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.
      How to Invest in Stocks

      How to Invest in Stocks: Beginner's Guide

      Want to invest in the stock market but you have no idea where to begin, or even what any of it means? Start with this beginner's guide to stocks.

    Compare TD Ameritrade to:


    You might also be interested in

    Residual Income

    Making money without having to do anything sounds too good to be true. But it doesn't have to be. Follow our guide for 10 great ways to get started.

    Compare Ally Invest to:


    Next Page:

    About CreditDonkey®
    CreditDonkey is a stock broker comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

    Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

    †Advertiser Disclosure: Many of the card offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

    *See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

    CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.