Ally Invest: A User-Friendly Online Brokerage with Low Fees and Powerful Trading Tools
Ally Invest is a popular online brokerage that offers a range of investment options and powerful trading tools. With a focus on user-friendliness and low fees, Ally Invest is a great choice for both new and experienced investors. In this article, we'll take an in-depth look at Ally Invest and its features.
Investment Options
Ally Invest offers a wide range of investment options, including stocks, options, mutual funds, ETFs, bonds, and forex. They also offer access to managed portfolios and retirement accounts. Ally Invest is a leader in the area of forex trading, with competitive pricing and a powerful forex trading platform.
Fees and Commissions
Ally Invest is committed to low fees and transparency. They offer some of the lowest fees in the industry, with commission rates starting at $0 for stocks, options, and ETFs. They also offer a range of no-transaction-fee mutual funds. Ally Invest charges fees for some, such as wire transfers and paper statements.
Trading Tools and Features
Ally Invest offers a range of powerful trading tools and features, including their flagship platform, Ally Invest Live. Ally Invest Live is a user-friendly trading platform that offers a range of features, including customizable charting, real-time streaming data, and advanced technical analysis tools. Ally Invest also offers a more simplified platform called Ally Invest Self-Directed Trading, which is available for web and mobile.
Research and Education
Ally Invest offers a range of research and educational resources to help investors make informed decisions. They offer access to third-party research and analysis from companies such as Morningstar, Briefing.com, and Recognia. They also have their own in-house research team, which produces a range of reports, articles, and webinars. Ally Invest offers a range of educational resources, including online courses and in-person events.
Customer Service
Ally Invest is committed to high-quality customer service. They offer a range of customer service options, including phone support, email support, and online chat. They also have a network of offices throughout the world, where investors can get in-person support and advice.
Conclusion
Ally Invest is a user-friendly online brokerage that offers a wide range of investment options, powerful trading tools, and robust research and education resources. With some of the lowest fees in the industry and a commitment to transparency, Ally Invest is a great option for both new and experienced investors. Whether you're looking to trade stocks, options, or forex, Ally Invest has something to offer.