Save money and be informed. CreditDonkey is a personal finance 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†

Ellevest vs Ally Invest

Ellevest is a women-focused robo-advisor tailored to women's life cycles and goals. How does it compare to Ally Invest? Read our comparison chart below.

Ellevest is a robo-advisor aimed to serve women's needs. It specially tailors portfolios for women's financial goals and life cycles. Fees are low starting at $1/mo and there is no minimum balance for the basic account.

While 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.

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

 EllevestAlly Invest
 Learn MoreVisit Site
 

Ellevest

Ally Invest

SPECIAL OFFER
Become a Member - Learn More

Read Ellevest Review

SPECIAL OFFER
Get Up to $3,000 - Learn More

Read Ally Invest Review

 

Benefits and Features

Stock Trading 
$0 per trade
Options Trading 
$0 base + $0.50 per contract
Annual Fee
  • $1/mo for Essential Plan
  • $5/mo for Plus Plan
  • $9/mo for Executive Plan
 
Minimum Deposit
$0 for all membership tiers
$0
Mutual Fund Trading 
  • $0 to buy/sell load mutual funds
  • $9.95 to buy/sell no load mutual funds
Commission Free ETFs 
500+
Phone Support
Yes - normal business hours
 
Live Chat Support
No
 
Email Support
Yes
 
Human AdvisorsDiscounts for members for coaching sessions 
Robo Advisor
Check
 
Assets Under Management
$280 Million
 
Penny Stocks $0.01 per share on the entire order for stocks priced less than $2.00.
Tax Loss Harvesting
No
 
Goal Tracker
Yes
 
Automatic Deposits
Yes
 
Broker Assisted Trades 
$20 + Regular Commission
Customer Service 
(855) 880-2559
Online Platform
Yes
 
iPhone App
Yes
 
Android App
Yes
 
BankingSpend and Save accounts*; No minimum balance and no monthly service feesIntegrated with banking on ally.com. Manage your Ally banking and investment accounts in one place.
Mobile App
Yes
Check
Forex Trading 
Check
Fractional Shares
Yes
 
Taxable Accounts
Yes
 
401k Plans
No
 
IRA Accounts
Yes
 
Roth IRA Accounts
Yes
 
SEP IRA Accounts
Yes
 
Trust Accounts
No
 
529 Plans
No
 
 

CreditDonkey® Reviews

 EllevestAlly Invest
Annual FeeStarStarStarStarEmpty Star
Minimum DepositStarStarStarStarStar
Human AdvisorsStarStarStarStarEmpty Star
Customer ServiceStarStarStarHalf StarEmpty Star
Stock TradingStarStarStarStarStar
Options TradingStarStarStarStarStar
BankingStarStarStarStarHalf Star
Mobile AppStarStarStarHalf StarEmpty Star
Commissions and FeesStarStarStarStarStar
Ease of UseStarStarStarStarEmpty Star
Online CommunityStarStarStarStarStar
ResearchStarStarStarHalf StarEmpty Star
Trading PlatformStarStarStarStarEmpty Star
Pros & ConsPros:
  • Focused on women's needs
  • $0 minimum
  • Starts at $1/mo
Cons:
  • Limited account options
  • No tax loss harvesting
  • Uncertain future
Pros:
  • Low commission for stock trades
  • No account minimums
  • Ally platform
Cons:
  • No physical locations
Bottom LineWomen-focused robo-advisor tailored to women's life cycles and goals... Read full reviewGood low-price discount stock broker for savvy 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.

Ellevest: Pricing information from published website as of 08/10/2020

Ally Invest: Pricing information from published website as of 04/01/2021.

Ally Invest

Get Up to $3,000

Expires Tomorrow

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 TransferCash 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

Ally Invest

Get Up to $3,000 Cash Bonus

Expires Tomorrow

New Ally Invest customers only. Account must be funded for at least 60 days to be eligible for cash bonus.

Ally Invest

Commission-Free Stock Trades

With no minimum account balance and no minimum trade activity

Which is Better: Ellevest or Ally Invest?

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


Articles on Ellevest

Ellevest Review

Ellevest tailors investment strategies specifically for women's needs. Find out how this robo-advisor make a difference.

Articles on Ally Invest

TradeKing Review

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

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?





Next Page:

About CreditDonkey
CreditDonkey is a personal finance 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 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.

About Us | Reviews | Deals | Tips | Privacy | Do Not Sell My Info | Terms | Contact Us
(888) 483-4925 | 680 East Colorado Blvd, 2nd Floor | Pasadena, CA 91101
© 2022 CreditDonkey Inc. All Rights Reserved.