Ally Invest
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| Community Rating | Mostly recommended |
| Minimum Initial Investment | $100 |
| Online Trade Fee | $0 |
| Broker Assisted Trading Fee | Starting at $20 |
| Margin Rate | 3.25% - 7.75% |
| Number of Reviews | 6 |
Ally Invest Review
Ally Invest is a brokerage based in Philadelphia, PA. Founded in 2001, Ally Invest is a good option for experienced traders 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.
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What assets can you invest in with Ally Invest?
Ally Invest gives users access to a wide selection of investment choices. These include:| The Good | The Bad |
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What trading fees does Ally Invest charge?
The online trading fees of Ally Invest are below the average ($8.90) for online brokerages. However, there are other fees to consider.
| 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?
The minimum investment to open an account with Ally Invest is $100.
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 offers investors this service but the minimum amount is $2,000.
What margin rates does Ally Invest offer?
Ally Invest offers a margin rate that ranges from 3.25% up to 7.75%.
What brokerage features does Ally Invest offer?
Ally Invest is not a particularly feature-rich brokerage. It only offers 4 of the 20 we track.
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What research tools does Ally Invest offer investors?
Ally Invest is not only a brokerage. It's also an investment analysis platform that provides a wide selection of research tools. These include:
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Message From Ally Invest
Contact
- Headquarters
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P.O. Box 13625
Philadelphia, PA 19101 - Visit Site
- Email Support
Other Services by Ally Financial Inc.
Feature Breakdown
| IRA Annual Fee | $0 |
| Online Trade Fee | $0 |
| Wire Transfer Fee - Domestic (Incoming) | $0 |
| Wire Transfer Fee - International (Incoming) | $0 |
| Wire Transfer Fee - International (Outgoing) | $0 |
| ETF Trades | $0 |
| IRA Closure Fee | $25 |
| Paper Statement Fee | $2 |
| Returned Deposit Fee (Domestic) | $30 |
| Returned Deposit Fee (International) | $30 |
| Wire Transfer Fee - Domestic (Outgoing) | $30 |
| Bond Trade Fee | $1 |
| Margin Rate | 3.25% - 7.75% |
| Broker Assisted Trading Fee | Starting at $20 |
Ally Invest Community Reviews
Would you recommend Ally Invest to your friends?
