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WealthSimple vs Ally Invest


 WealthSimple
 Learn MoreLearn More
 

WealthSimple

Ally Invest

SPECIAL OFFER
Wealthsimple Cash Account - Learn More

SPECIAL OFFER
Commission-Free Stock Trades - Learn More

 

Benefits and Features

Stock Trading 
$0 per trade
Options Trading 
$0 base + $0.50 per contract
Annual Fee0.5% for accounts up to $100k; 0.4% for accounts over $100k
$0
Minimum Deposit
$0
$0
Mutual Fund Trading 
  • $0 to buy/sell load mutual funds
  • $0 to buy/sell no load mutual funds
Commission Free ETFs 
500+
Phone SupportYes - M-Th 9a-8p ET; Fri 9a-5:30p ET 
Live Chat Support
No
 
Email Support
Yes
 
Human Advisors
Yes
 
Robo Advisor
Check
 
Assets Under Management
$2 Billion
 
Penny Stocks $0.01 per share on the entire order for stocks priced less than $2.00.
Tax Loss HarvestingAvailable for accounts over $100,000 
Goal Tracker
No
 
Automatic Deposits
Yes
 
Broker Assisted Trades 
$20 + Regular Commission
Inactivity Fee 
$0
Online Platform
Yes
 
iPhone App
Yes
 
Android App
Yes
 
Banking Integrated with banking on ally.com. Manage your Ally banking and investment accounts in one place.
Mobile App 
Check
Forex Trading 
Check
Customer Service 
(855) 880-2559
Trading Platform 
Web Trading, Mobile Apps
Fractional Shares
Yes
 
Taxable Accounts
Yes
 
401k Plans
No
 
IRA Accounts
Yes
 
Roth IRA Accounts
Yes
 
SEP IRA Accounts
Yes
 
Trust Accounts
Yes
 
529 Plans
No
 

Wealthsimple Cash Account

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 01/08/2025.


Articles on Ally Invest

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.

Which Do You Think is Best?





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