Ally Invest
Rating: 2.3 / 5Ally Invest is an online brokerage ideal for US-based investors seeking all their financial services from one company, since Ally Invest belongs to the US-publicly listed financial firm Ally Financial Inc. Clients get commission-free equity, ETF, and mutual fund trading. Ally Invest specializes in self-direct investing, automated investments via its robo portfolios, and traditional wealth management services. I reviewed this online brokerage to evaluate the commission-free trading environment. Should you manage a portfolio at Ally Invest?
Ally Invest is an online brokerage ideal for US-based investors seeking all their financial services from one company, since Ally Invest belongs to the US-publicly listed financial firm Ally Financial Inc. Clients get commission-free equity, ETF, and mutual fund trading. Ally Invest specializes in self-direct investing, automated investments via its robo portfolios, and traditional wealth management services. I reviewed this online brokerage to evaluate the commission-free trading environment. Should you manage a portfolio at Ally Invest?
Broker Details
- Headquarters
- United States
- Established
- 1919
- Min Deposit
- $0
- Execution
- Market Maker
- Regulators
- SEC
Trading Conditions
- Retail Loss Rate
- Undisclosed
- Min Raw Spreads
- Undisclosed
- Min Standard Spreads
- Undisclosed
- Min Forex Commission
- Undisclosed
- Trading Hours
- CryptocurrenciesNot applicable - Not applicableForexUndisclosed - UndisclosedCommoditiesNot applicable - Not applicableEuropean EquitiesNot applicable - Not applicableUS EquitiesUndisclosed - Undisclosed
Accounts & Funding
- Funding Methods
- 2
- Deposit Fees
- No
- Withdrawal Fee
- Yes
Platform & Features
- Trading Platforms
- Proprietary platform, Web-based
- Regulators Detailed
- Securities and Exchange CommissionCountry: USLicense: Undisclosed but verified
Pros
- User-friendly Ally Invest mobile app.
- Robo portfolios and traditional wealth management
- One-stop financial institution for all banking requirements
Cons
- No support for demanding trading requirements
- Limited payment processors
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