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Ally Invest Self-Directed Trading
in Brokerages from Ally Financial Inc.
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Ally Invest Self-Directed Trading

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in Brokerages from Ally Financial Inc.
SuperMoney Net Recommendation Score +60  

SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly recommended by SuperMoney users with a score of +60, equating to 4.2 on a 5 point rating scale.

+60

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

Strongly recommended

4 users recommend
0 users are unsure
1 user doesn't recommend
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Highlights
Community Rating Strongly recommended
Online Trade Fee $0
Crypto Trade Fee N/A
Broker Assisted Trading Fee Starting at $20
Minimum Initial Investment $0
Number of Reviews 5

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
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Message From Ally Financial Inc.

Whether you’re new to investing, an experienced trader or somewhere in between, we offer investment choices with some of the lowest commissions in the industry. We offer a wide selection of resources to help investors of all experience levels make the most of their investments, including advanced charting tools and numerous calculators.

Feature Breakdown

IRA Annual Fee $0
IRA Closure Fee $25
Paper Statement Fee $2
Returned Deposit Fee (Domestic) $30
Returned Deposit Fee (International) $30
Wire Transfer Fee - Domestic (Incoming) $0
Wire Transfer Fee - Domestic (Outgoing) $30
Wire Transfer Fee - International (Incoming) $0
Wire Transfer Fee - International (Outgoing) $0
Minimum Initial Investment $0
Minimum Margin Account $2,000
Automated Trading Strategy
Brokerage Features
  • Trading Platform
  • No-Commission ETFs
  • Broker Assisted Trades
  • Online Banking
Dividend Reinvestment
Investment Choices
  • Stocks
  • Options
  • Mutual Funds
  • FOREX
  • Futures
  • Bonds
  • Pink Sheets / OTCBB
  • ETFs
No-Commission ETFs
Research Tools
  • Stocks
  • Mutual Funds
  • Past Earnings
  • Historical Performance Analysis
  • Third Party Ratings
  • Portfolio Allocation
  • Global Markets
  • Mutual Bonds
  • Webinars
  • Live Seminars
  • Retirement
Research and Reports
Investor Type
  • Advanced Traders
  • Frequent Traders
Online Trade Fee $0
Bond Trade Fee $1
ETF Trades $0
Margin Rate 4.00% - 8.50%
Broker Assisted Trading Fee Starting at $20

Ally Invest Self-Directed Trading Community Reviews

 

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SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly recommended by SuperMoney users with a score of +60, equating to 4.2 on a 5 point rating scale.

+60

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

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