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SoFi Invest vs Ally Invest

SoFi Invest is a commission-free stock trading app for beginners new to investing. How does it compare to Ally Invest? Read our comparison chart below.

 SoFi InvestAlly Invest
 Learn MoreVisit Site
 

SoFi Invest

Ally Invest

SPECIAL OFFER
Active Investing with SoFi - Learn More

Read SoFi Invest 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 base + $0.50 per contract
Annual Fee
None
 
Minimum Deposit
$0
$0
Mutual Fund Trading 
  • $0 to buy/sell load mutual funds
  • $9.95 to buy/sell no load mutual funds
Commission Free ETFsAll U.S. listed ETFs
500+
Phone Support
Check
 
Live Chat Support
Check
 
Penny Stocks $0.01 per share on the entire order for stocks priced less than $2.00.
Broker Assisted Trades 
$20 + Regular Commission
Customer Service
  • Monday to Thursday from 5am to 7pm Pacific
  • Friday to Sunday from 5am to 5pm Pacific
(855) 880-2559
Maintenance Fee
$0
 
Banking Integrated with banking on ally.com. Manage your Ally banking and investment accounts in one place.
Mobile App 
Check
Forex Trading 
Check
 

CreditDonkey® Reviews

 SoFi InvestAlly Invest
Minimum DepositStarStarStarStarStar
PriceStarStarStarStarHalf Star
Customer ServiceStarStarStarEmpty 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:
  • Commission-free trades
  • $0 account minimum
  • No management fees
Cons:
  • No tax loss harvesting
  • Limited customer service
  • No options trading, mutual funds, or bonds
Pros:
  • Low commission for stock trades
  • No account minimums
  • Ally platform
Cons:
  • No physical locations
Bottom LineCommission-free stock trading app for beginners new to investing... Read full reviewGood low-price discount stock broker for savvy investors... Read full review
 Learn MoreVisit Site

Active Investing with SoFi

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.


Articles on SoFi Invest

SoFi Invest Review

Do you want the commission-free trades but need a little more guidance? Then SoFi Invest might be just what you need.

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.

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 Phone Number

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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