Fidelity vs Ally Invest

Fidelity is a cash management account with a decent APY. How does it compare to Ally Invest? Read our comparison chart below.

Fidelity offers stock trades at $0 per trade and more than 180 branch locations. There is no minimum deposit.

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 Fidelity with Ally Invest, side-by-side. Read on for an in-depth look, including ratings and reviews.

	Fidelity	Ally Invest
	SPECIAL OFFER Commission-Free Trading - Online Stock, ETF and Option Trades - Learn More Read Fidelity Review	SPECIAL OFFER Commission-Free Stock Trades - Learn More Read Ally Invest Review
	Benefits and Features
Stock Trading	$0	$0 per trade
Options Trading	$0.65 per contract	$0 base + $0.50 per contract
Annual Fee	None	$0
Cryptocurrency Trading	$0
Minimum Deposit	$0	$0
Mutual Fund Trading	Yes	$0 to buy/sell load mutual funds $0 to buy/sell no load mutual funds
Commission Free ETFs		500+
Penny Stocks		$0.01 per share on the entire order for stocks priced less than $2.00.
Broker Assisted Trades		$20 + Regular Commission
Inactivity Fee	$0	$0
Maintenance Fee	$0
Banking	No	Integrated with banking on ally.com. Manage your Ally banking and investment accounts in one place.
Mobile App	Yes
Forex Trading
Customer Service		(855) 880-2559
Trading Platform	Desktop, Web Trading, Mobile Apps	Web Trading, Mobile Apps
Fractional Shares	Yes
	CreditDonkey® Reviews
Savings
Fees
Mobile App
Customer Service
Pros & Cons	Pros: $0 monthly service fee No minimum balance Free debit card Cons: Relatively low APY Few physical branches
Bottom Line	Cash management account with a decent APY... Read full review	Read full review
	Commission-Free Trading - Online Stock, ETF and Option Trades Cash Management Account	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. Fidelity: Pricing information from published website as of 07/05/2024. Ally Invest: Pricing information from published website as of 01/08/2025.

Which is Better: Fidelity or Ally Invest?

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