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.
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Ellevest | Ally Invest | |
|---|---|---|
Become a Member - | Get Up to $3,000 - | |
Benefits and Features | ||
| Stock Trading | ||
| Options Trading | ||
| Annual Fee |
| |
| Minimum Deposit | ||
| Mutual Fund Trading |
| |
| Commission Free ETFs | ||
| Phone Support | ||
| Live Chat Support | ||
| Email Support | ||
| Human Advisors | Discounts for members for coaching sessions | |
| Robo Advisor |  | |
| Assets Under Management | ||
| Penny Stocks | $0.01 per share on the entire order for stocks priced less than $2.00. | |
| Tax Loss Harvesting | ||
| Goal Tracker | ||
| Automatic Deposits | ||
| Broker Assisted Trades | ||
| Customer Service | ||
| Online Platform | ||
| iPhone App | ||
| Android App | ||
| Banking | Spend and Save accounts*; No minimum balance and no monthly service fees | Integrated with banking on ally.com. Manage your Ally banking and investment accounts in one place. |
| Mobile App | | |
| Forex Trading | | |
| Fractional Shares | ||
| Taxable Accounts | ||
| 401k Plans | ||
| IRA Accounts | ||
| Roth IRA Accounts | ||
| SEP IRA Accounts | ||
| Trust Accounts | ||
| 529 Plans | ||
CreditDonkey® Reviews | ||
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| Annual Fee |   | |
| Minimum Deposit | | |
| Human Advisors | | |
| Customer Service |  | |
| Stock Trading | | |
| Options Trading | | |
| Banking | | |
| Mobile App | | |
| Commissions and Fees | | |
| Ease of Use | | |
| Online Community | | |
| Research | | |
| Trading Platform | | |
| Pros & Cons | Pros:
| Pros:
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| Bottom Line | Women-focused robo-advisor tailored to women's life cycles and goals... | Good low-price discount stock broker for savvy investors... |
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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. | ||
Get Up to $3,000
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 Transfer | Cash 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 |
Get Up to $3,000 Cash Bonus
New Ally Invest customers only. Account must be funded for at least 60 days to be eligible for cash bonus.
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
Articles on Ally Invest
TradeKing Review
Ally Invest Roth IRA
