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Comparison Ally Invest vs E*TRADE

The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares Ally Invest vs E*TRADE. Is Ally Invest or E*TRADE a better online broker?

Firstly, let’s compare commission fees provided by these brokers for regular transactions. Ally Invest has a commission fee of $4.95, and E*TRADE has a commission fee of $6.95. Let’s analyze the commission fees on trading options. Ally Invest has a commission fee of $4.95 + $0.65 per contract, E*TRADE has a commission fee of $6.95 + $0.75 per contract. You can read more detailed information on commission fees in the online broker reviews.

It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Robo Advisor are provided to customers by Ally Invest and Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Futures Trading, Crypto Trading, Robo Advisor are provided by E*TRADE. Concerning the platforms, Ally Invest uses Web Platform, Android App, iOS App, while E*TRADE uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App.

In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. Ally Invest was founded in 2005 in United States, and it is regulated by CFTC, NFA. And E*TRADE was founded in 1982 in United States, and it is regulated by FINRA,. We can withdraw funds from Ally Invest with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $0. And E*TRADE provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $0. The time for withdrawal in Ally Invest is 3-5 days, and that one in E*TRADE is 3 days.

Overall, Ally Invest boasts 3.7 stars versus E*TRADE 4.3 stars.

Overall Rating

 
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
 
Ally Invest
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
E*TRADE
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education

Fees

Fees
Stock
ETFs
Options
Mutual Funds
Bonds
Forex Spreads
Futures
Metals
Cryptocurrency
Ally Invest
Stock
$4.95
ETFs
$4.95
Options
$4.95 + $0.65 per contract
Mutual Funds
$9.95
Bonds
$1 per bond
Forex Spreads
0
Futures
N/A
Metals
N/A
Cryptocurrency
N/A
E*TRADE
Stock
$6.95
ETFs
$19.99
Options
$6.95 + $0.75 per contract
Mutual Funds
$49.99
Bonds
$1
Forex Spreads
N/A
Futures
$2.50 per side, per contract
Metals
$1.50 per contract
Cryptocurrency
$1.50 per side, per contract

Types of trading

Types of trading
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Crypto Trading
Robo Advisor
Ally Invest
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Crypto Trading
Robo Advisor
E*TRADE
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Crypto Trading
Robo Advisor

Platforms

Platforms
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
Ally Invest
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
E*TRADE
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform

Tools

Tools
Research & Analysis
Education
Demo account
Ally Invest
Research & Analysis
Education
Demo account
E*TRADE
Research & Analysis
Education
Demo account

Mobile App

Mobile App
Android App
iOS App
Ally Invest
Android App
iOS App
E*TRADE
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
Ally Invest
Minimum deposit
$0
Bank Wire
Visa/Mastercard
E*TRADE
Minimum deposit
$100
Bank Wire
Visa/Mastercard

Withdrawals

Withdrawals
Bank Wire
Visa/Mastercard
Withdrawal Time
Withdrawal Fee
Ally Invest
Bank Wire
Visa/Mastercard
Withdrawal Time
3-5 days
Withdrawal Fee
$0
E*TRADE
Bank Wire
Visa/Mastercard
Withdrawal Time
3 days
Withdrawal Fee
$0

Security & Fairness

Security & Fairness
Сountry of Origin
Year Founded
Regulated By
Ally Invest
Сountry of Origin
United States
Year Founded
2005
Regulated By
CFTC, NFA
E*TRADE
Сountry of Origin
United States
Year Founded
1982
Regulated By
FINRA

Customer Service

Customer Service
Phone
Email
Live Chat
 
Ally Invest
Phone
1-855-880-2559
Email
support@ally.invest.com
Live Chat
Yes
E*TRADE
Phone
800-387-2331
Email
Email form
Live Chat
Yes

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