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

	Visit Site	Learn More
	SPECIAL OFFER 20 Free Fractional Shares - Learn More Read Webull 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	$0 base + $0.50 per contract
Annual Fee	None
Cryptocurrency Trading	Yes (Webull Pay App)
Minimum Deposit	$0	$0
Mutual Fund Trading	No	$0 to buy/sell load mutual funds $0 to buy/sell no load mutual funds
Commission Free ETFs	Over 3,300 ETFs	500+
Phone Support	24/7
Live Chat Support	None
Email Support	Yes (customerservices@webull.us)
Human Advisors	No
Robo Advisor	Yes
Assets Under Management	$15.7 Million
Penny Stocks	Yes	$0.01 per share on the entire order for stocks priced less than $2.00.
Tax Loss Harvesting	No
Goal Tracker	No
Automatic Deposits	Yes
Broker Assisted Trades	Not available	$20 + Regular Commission
Good For	Experienced investors; Active traders
Inactivity Fee	$0
Maintenance Fee	$0
Online Platform	Yes
iPhone App	Yes (4.7 stars, 296.2k ratings)
Android App	Yes (4.3 stars, 188K ratings)
Banking	No	Integrated with banking on ally.com. Manage your Ally banking and investment accounts in one place.
Mobile App	Yes
Desktop App	Yes
Two-Factor Authentication	Mobile Only
Forex Trading	No
Futures Trading	No
Bond Trading	No
CFD Trading	No
Currency Trading	No
Customer Service	24/7 via phone and email	(855) 880-2559
Locations	Online only
Online Community	Yes
Seminars	Yes
Trading Platform	Desktop, Web Trading, Mobile Apps
Virtual Trading	Yes. Free paper trading account with $1,000,000 in fake money
Fractional Shares	Yes
Taxable Accounts	Yes
401k Plans	No
IRA Accounts	Yes
Roth IRA Accounts	Yes
SEP IRA Accounts	No
Trust Accounts	No
529 Plans	No
	CreditDonkey® Reviews

Stock Trading
Options Trading
Mobile App
Commissions and Fees
Ease of Use
Research
Mutual Fund Trading
Banking
Online Community
Trading Platform
Pros & Cons	Pros: No trade fees Advanced research tools Extended trading hours Offers fractional shares Cons: Not beginner friendly	Pros: Low commission for stock trades No account minimums Ally platform Cons: No physical locations
Bottom Line	Good free trading app for more experienced investors... Read full review	Good low-price discount stock broker for savvy investors... Read full review
	Visit Site	Learn More
	20 Free Fractional Shares 75 Free Fractional Shares Up to $100 Transfer Fee Reimbursement	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. Ally Invest: Pricing information from published website as of 04/01/2021.

20 Free Fractional Shares

Get Free Fractional Shares

Expires 5/6/2024

Open a new Webull individual brokerage account. Deposit $500 - $24,999 into the account during the promotional period to get 20 fractional shares, each valued between $3 - $3,000. Maintain your funds in the account for 30 days or more. Terms and conditions apply.

75 Free Fractional Shares

Get Free Fractional Shares

Expires 5/6/2024

Open a new Webull individual brokerage account. Deposit $25,000 or more into the account during the promotional period to get 75 fractional shares, each valued between $3 - $3,000. Maintain your funds in the account for 30 days or more. Terms and conditions apply.

Up to $100 Transfer Fee Reimbursement

Get Deal

Transfer fees of up to $100 will be reimbursed when you make an initial transfer of $2,000 or more.

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 Robinhood.

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.

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Webull Review

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