Ally Invest Reviews

Ally Invest Отзывы

About the company

Ally Invest is an online investment platform that offers both self-trading and managed portfolios. The brokerage business is a subsidiary of Ally Invest Group, Inc., which was founded in 1919 by General Motors and became public in 2014. The business purchased TradeKing, a brokerage firm, and rebranded it Ally Invest. The company is headquartered in Detroit, Michigan, with offices in Sandy, Utah, and nine other locations around the United States.

Ally Invest is governed by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA), and it is only available to US citizens (FINRA). The broker now serves around 250,000 clients.

Trading with Ally invest

Ally Invest offers a single, unique online trading platform with a variety of features. It is available on both Windows and macOS and does not require a download because it is browser-based. The following features are available to users:

  • Watchlists
  • 8 chart types
  • 36 drawing tools
  • ETF Validation Tools
  • Probability Calculator
  • 117 technical indicators
  • Customizable control panel
  • Real-time quotes and research

Desktop trading

If you want to trade Forex with Ally Invest, you can do so on the Ally Invest Forex website. MT4 and the Ally Invest Forex Advanced Desktop client both provide this feature. This platform is created specifically for Computer users, who can take advantage of the following features, including: Live broadcasts with news commentary and the latest research, Automatic trading on buy and sell signals in real time, and Integrated order management functions.

MT4

Members of Ally Invest Forex have access to the industry’s most popular forex platform, MT4. This user-friendly choice boasts an appealing design, a robust feature set, and Ally Invest Forex’s reasonable pricing and services. The following are some of the features:

  • Automated trading using MQL4 API.
  • 30 technical indicators
  • Multiple timeframes
  • Third-party add-ons
  • One-click trading
  • Advisors

Mobile applications

Ally Invest Mobile allows for mobile trading. The app is compatible with both iPhone (iOS) and Android smartphones (APK). Watchlists are not a core feature of the software, and conditional orders are not available. You can only trade stocks, options, and mutual funds on the mobile app; fixed income transactions are only available on the internet.

MT4 is also available for mobile trading on iOS and Android. This program has received thousands of great reviews and offers a fantastic mobile experience with the same capabilities as the desktop app.

Ally Invest Отзывы

Resources

  • ETFs
  • Forex — 80+ currency pairs
  • Mutual investment funds – 12,000 cash
  • Options – stocks and index funds
  • Pension stocks on the over-the-counter bulletin
  • Stocks – over 4000 for long and short.

Ally Invest’s managed portfolios are built with exchange-traded funds, or ETFs. These investments are intended to replicate the performance of a market index, such as the S&P 500. ETFs are low-cost, transparent, and tax-efficient investment vehicles for Ally Invest’s managed portfolios.

Please keep in mind that Forex trading is only available through Ally Invest Forex, a distinct website that offers the MetaTrader 4 and Ally Invest Forex desktop platforms.

Fees

The most significant advantage of trading on Ally Invest is that you may trade options, stocks, and ETFs without paying a fee. The broker does not impose inactivity or annual fees. Ally Invest, on the other hand, charges a flat fee of $0.50 per choice and $50 for a full transfer.

Ally Invest also has a $100 minimum purchase requirement for OTCBB and Pink Sheet shares. For orders of less than $2, the broker adds 1 cent per share to the total order, plus $4.95. Most government bonds also have a $1 fee, and mutual funds charge $9.95 for each trade.

Account types

Ally Invest provides two types of accounts on its website: self-trading and managed portfolios. Ally Invest Forex LLC also provides one self-account option through Ally Invest Forex. Furthermore, Ally Invest does not allow for international accounts.

Self-directed accounts are intended for active investors. Individual, joint, and custodial taxable accounts are all accessible through the broker, as are ordinary Roth, Rollover IRA, and Coverdell accounts. Self-hosted trading accounts do not require a minimum deposit.

Ally Invest Forex also provides forex products and services to individual investors, with a $250 minimum commitment required to open new accounts. An Ally Invest Forex account may also be used to trade gold and silver.

Demo account

Ally Invest does not provide a paper trading account or a demo trading account. You can, however, establish a separate account to evaluate the broker’s features and tools without placing any transactions. Ally Invest does not charge any fees for this access, and no papers are required; all you need is a username and personal information. There is also no required minimum balance for cash and retirement accounts.

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