Webull vs Ally Invest
Webull is a good free trading app for more experienced investors. How does it compare to Ally Invest? Read our comparison chart below.
Webull offers commission-free stock and ETF trading using their mobile app. There is no minimum deposit required.
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 Webull with Ally Invest, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
 |  | |
 | | |
Webull | Ally Invest | |
|---|---|---|
Get Two Free Stocks, Each Valued Between $3 - $300 - | Commission-Free Stock Trades - | |
Benefits and Features | ||
| Stock Trading | ||
| Options Trading | ||
| Annual Fee | ||
| Cryptocurrency Trading | ||
| Minimum Deposit | ||
| Mutual Fund Trading |
| |
| Commission Free ETFs | All U.S. listed ETFs | |
| Phone Support | ||
| Penny Stocks | $0.01 per share on the entire order for stocks priced less than $2.00. | |
| Broker Assisted Trades | ||
| Customer Service | ||
| Good For | Experienced investors; Active traders | |
| Inactivity Fee | ||
| Maintenance Fee | ||
| Banking | Integrated with banking on ally.com. Manage your Ally banking and investment accounts in one place. | |
| Mobile App |  | |
| Desktop App | ||
| Two-Factor Authentication | ||
| Forex Trading | | |
| Virtual Trading | Yes. Free paper trading account with $1,000,000 in fake money | |
| Fractional Shares | ||
| Taxable Accounts | ||
| IRA Accounts | ||
CreditDonkey® Reviews | ||
| | |
| Stock Trading |   | |
| Options Trading |  | |
| Mobile App | | |
| Commissions and Fees | | |
| Ease of Use | | |
| Research | | |
| Banking | | |
| Online Community | | |
| Trading Platform | | |
| Pros & Cons | Pros:
| Pros:
|
| Bottom Line | Good free trading app for more experienced investors... | Good low-price discount stock broker for savvy investors... |
| | |
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. | ||
Get Two Free Stocks, Each Valued Between $3 - $300
Open a Webull brokerage account and get two free stocks, each valued between $3-$300
Get 4 - 10 Free Fractional Share Stocks Each Valued Between $7 - $3000
Make an initial deposit of any amount (even just a $0.01) and get another 4 - 10 free fractional share stocks, each valued between $7-$3000
$75 Account Transfer Bonus
- Transfer a brokerage account over to Webull and get $75 deposited into the account. The incoming brokerage account must have at least $2,000 or more in assets to receive this bonus.
- Transfer an IRA over to Webull and get $75 deposited into the account. The incoming IRA must have at least $5,00 or more in assets to receive this month.
Which is Better: Webull or Ally Invest?
Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Webull or eToro.
In short: Webull's mobile app is worth mentioning. Ally Invest's stock trading and ease of use are noteworthy. In particular, the stock trading is impressive.
Articles on Webull
Webull Review
Articles on Ally Invest
TradeKing
Is Ally Invest Good For Beginners
Ally Invest Roth IRA
Ally Invest Phone Number
Which Do You Think is Best?
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