Protected: Ally Invest Review

By: Options Bro
 on 08-14-18
  Updated: 03-26-20

Overall rating

Commissions & Fees
Customer Service
Trading Tools
Mobile App
Overall Ease of Use

Pros

  • Some of the cheapest fees in the industry, with discounts for active or high-balance traders
  • 24/7 customer service via phone and live chat
  • Free browser-based trading platform and top-rated mobile app
  • Integrate with Ally bank that offers savings accounts with 1.85% APY
  • No account inactivity or maintenance fees

Cons

  • Transfers between Ally Invest and Ally Bank can take 1 day to process
  • Futures and forex trading is available but not integrated into Ally Invest brokerage accounts, must open separate account
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