Ally Invest Self-Directed Trading

Ally Invest Self-Directed Trading Review

Ally Invest Self-Directed Trading is offered by Ally Financial Inc., a bank founded in 2001 and based in Philadelphia, PA.

Ally Invest Self-Directed Trading is a good option for investors who require additional research tools and more advanced reports.

This brokerage is a good choice for frequent traders who are looking for a fast platform with low costs that includes tools designed for day traders.

Ally Invest Self-Directed Trading Pros & Cons

Pros	Cons
There is no minimum investment to open an account. Gives users access to a wide selection of investment choices. Provides a wide selection of research tools. No advisory fees with cash-enhanced managed portfolio 500 commission-free ETFs Earn up to $3,000 bonus cash when you open an Ally Invest Self-Directed account.	Does not have a wide selection of features. It only offers 4 of the 20 brokerage features we track. Charges an IRA closure fee

Ally Invest Self-Directed Trading FAQ

What assets can you invest in on Ally Invest Self-Directed Trading?

Ally Invest Self-Directed Trading gives users access to a wide selection of investment choices. These include:

The Good	The Bad
Stocks ETFs Options Bonds Mutual Funds FOREX Futures Pink Sheets / OTCBB	Cryptocurrencies International Stocks Real Estate Marketplace Loans Startups

What trading fees does Ally Invest Self-Directed Trading charge?

The online trading fees for Ally Invest Self-Directed Trading are below the average ($8.90) for online brokerages. However, there are other fees to consider.

Ally Invest Self-Directed Trading Fees

Trading Fees	Amount
Broker Assisted Trading Fee	$20
Bond Trade Fee	$1
Returned Deposit Fee (International)	$30

How much do you have to invest to open an account?

Ally Invest Self-Directed Trading does not have a minimum amount to start an account.

What is the minimum amount to open a margin account?

A margin account allows investors to borrow cash by using the securities and cash invested in the brokerage as collateral. Ally Invest Self-Directed Trading offers investors this service but the minimum amount is $2,000.

What margin rates does Ally Invest Self-Directed Trading offer?

Ally Invest Self-Directed Trading offers a margin rate that ranges from 4.00% up to 8.50%.

What brokerage features does Ally Invest Self-Directed Trading offer?

Ally Invest Self-Directed Trading is not a particularly feature-rich brokerage. It only offers 4 of the 20 we track.

Ally Invest Self-Directed Trading Brokerage Features

Supported Options	Unsupported Options
Broker Assisted Trades Trading Platform No-Commission ETFs	No Fee IRAs Retail Locations Advisor Services Declines Payment for Order Flow (Equities) Declines Payment for Order Flow (Options) Dividend Reinvestment Automated Trading Strategy Online Live Chat Real Time Quotes Automated Trading Strategy Account Transfer Fee Reimbursement 24/7 Support

What research tools does Ally Invest Self-Directed Trading offer investors?

Ally Invest Self-Directed Trading is not only a brokerage. It's also an investment analysis platform that provides a wide selection of research tools. These include:

Ally Invest Self-Directed Trading Research Tools

Supported Options	Unsupported Options
Global Markets Analysis Historical Performance Analysis Live Seminars Mutual Bonds Analysis Mutual Funds Analysis Past Earnings Reports Portfolio Allocation Account Transfer Fee Reimbursement Webinars	ETF Top 10 Holdings Fund Prospectus Access Insider Transactions SEC Filings Social Sentiment Analysis Stock Metric Comparisons