SuperMoney
  Ally Invest

Ally Invest

in Brokerages from Ally Financial Inc.

Claimed Promo Offer Available!

Ally Invest

Claimed Promo Offer Available!

in Brokerages from Ally Financial Inc.

SuperMoney Net Recommendation Score +33

SUPERMONEY NET RECOMMENDATION SCORE

This product is mostly recommended by SuperMoney users with a score of +33, equating to 3.7 on a 5 point rating scale.

+33

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.

Mostly recommended

4 users recommend
0 users are unsure
2 users don't recommend
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Highlights
Community Rating Mostly recommended
Minimum Initial Investment $100
Online Trade $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.

Ally Invest 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.
  • All new self-directed accounts receive 90 days of commission-free trades, up to $500 in value.
  • 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 FAQ

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
  • Stocks
  • Options
  • Bonds
  • Mutual Funds
  • FOREX
  • Futures
  • Pink Sheets / OTCBB
  • Cryptocurrencies
  • International Stocks
  • Real Estate
  • Marketplace Loans
  • Startups

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.

Ally Invest 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?

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.

Ally Invest 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 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:

Ally Invest 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.

Contact

  • Headquarters
  •   P.O. Box 13625
    Philadelphia, PA 19101
  •   Visit Site

Promotional Offers

Special Offers

Up to $3,000 in bonus cash.

Earn up to $3,000 bonus cash when you open an Ally Invest Self-Directed account. Accounts must be opened by 9/30/21 and funded within 60 days of account opening to qualify for the cash bonus.

Hours of Operation

  • Sunday 12:00pm - 12:00pm
  • Monday 12:00pm - 12:00pm
  • Tuesday 12:00pm - 12:00pm
  • Wednesday 12:00pm - 12:00pm
  • Thursday 12:00pm - 12:00pm
  • Friday 12:00pm - 12:00pm
  • Saturday 12:00pm - 12:00pm

Other Services by Ally Financial Inc.

Feature Breakdown

ETF Trades $0
IRA Annual Fee $0
Online Trade $0
Wire Transfer Fee - Domestic (Incoming) $0
Wire Transfer Fee - International (Incoming) $0
Wire Transfer Fee - International (Outgoing) $0
Bond Trade Fee $1
IRA Closure Fee $25
Paper Statement Fee $2
Returned Deposit Fee (Domestic) $30
Returned Deposit Fee (International) $30
Wire Transfer Fee - Domestic (Outgoing) $30
Margin Rate 3.25% - 7.75%
Broker Assisted Trading Fee Starting at $20
Minimum Initial Investment $100
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

Ally Invest Community Reviews

 

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SUPERMONEY NET RECOMMENDATION SCORE

This product is mostly recommended by SuperMoney users with a score of +33, equating to 3.7 on a 5 point rating scale.

+33

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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