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SoFi vs Ally Invest

SoFi is a personal loans with low APR and fees. Must have good credit to qualify. How does it compare to Ally Invest? Read our comparison chart below.

 SoFi
 Learn MoreLearn More
 

SoFi

Ally Invest

OFFER
Refinance Student Loans - Learn More

Read SoFi Review

SPECIAL OFFER
Commission-Free Stock Trades - Learn More

Read Ally Invest Review

 

Benefits and Features

Savings
Up to 4.60% APY
 
Stock Trading 
$0 per trade
Options Trading 
$0 base + $0.50 per contract
CD
N/A
 
Checking0.50% APY on checking balances with direct deposit activity or qualifying deposits 
Mutual Fund Trading 
  • $0 to buy/sell load mutual funds
  • $0 to buy/sell no load mutual funds
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
FeesStarStarStarStarHalf Star
EligibilityStarStarHalf StarEmpty StarEmpty Star
Interest RatesStarStarStarStarHalf Star
Stock TradingStarStarStarStarStar
Options TradingStarStarStarStarStar
Mutual Fund TradingStarStarStarStarStar
BankingStarStarStarStarHalf Star
Mobile AppStarStarStarHalf StarEmpty Star
Commissions and FeesStarStarStarStarStar
Ease of UseStarStarStarStarEmpty Star
Online CommunityStarStarStarStarStar
ResearchStarStarStarHalf StarEmpty Star
Trading PlatformStarStarStarStarEmpty Star
Pros & ConsPros:
  • Competitive, fixed rates
  • Low fees
  • No collateral
Cons:
  • Slower underwriting process
  • High standards for borrowers
Pros:
  • Low commission for stock trades
  • No account minimums
  • Ally platform
Cons:
  • No physical locations
Bottom LinePersonal loans with low APR and fees. Must have good credit to qualify... Read full reviewGood low-price discount stock broker for savvy investors... Read full review

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

SoFi Personal Loan Review

SoFi offers unsecured personal loans if you need to borrow money ASAP. But is it legit (or not)? Learn how SoFi personal loans actually work.

SoFi Bank Locations

SoFi is an online bank offering checking and savings accounts. But does it have physical branches? Keep reading to find out.

SoFi High Yield Savings

Want a high APY and easy access to your money? Get the best of both worlds with SoFi's Checking and Savings account.

SoFi Mortgage Review

Thinking about buying a home or refinancing your existing mortgage? Is SoFi a good online lender or should you stick with a traditional bank? Read on for the pros and cons.

Articles on Ally Invest

Ally Trading

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 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?





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About CreditDonkey
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