Forex for a trader
Ally forex trading

Ally forex tradingDiversify your investments and take advantage of the most traded market in the world. Trade currencies with Ally Invest Forex. Trade over 80 currency pairs plus gold and silver in real time Benefit from sophisticated trading platforms, premium charting tools Access extensive education, actionable research, detailed charts, and more Superior customer support, 24 hours from 10:00am (ET) Sunday to 5:00pm (ET) Friday. Open a free $50,000 Practice Account. Open a Live Forex account. why Ally Invest Forex? Foreign exchange (Forex) products and services are offered to self-directed investors through Ally Invest Forex LLC. Ally Invest Forex LLC, NFA Member (ID #0408077), acts as an introducing broker to GAIN Capital Group, LLC ("GAIN Capital"), a registered FCMRFED and NFA Member (ID #0339826). Your forex account is held and maintained at GAIN who serves as the clearing agent and counterparty to your trades. GAIN Capital, attn: Ally Invest Forex, Bedminster One, 135 US Highway 202206, Suite 11, Bedminster, NJ 07921, USA. Forex and other leveraged products involve significant risk of loss and may not be suitable for all investors. Products that are traded on margin carry a risk that you may lose more than your initial deposit. Increasing leverage increases risk. Spot Gold and Silver contracts are not subject to regulation under the U. S. Commodity Exchange Act. Please read the full disclosure. There are risks associated with using an Internet-based trading system including, but not limited to, the failure of hardware, software, and Internet connection. Ally Invest Forex is not responsible for communication failures or delays when trading via the Internet.

Any opinions, news, research, analysis, prices, or other information contained on this website are provided as general market commentary, and do not constitute investment advice. Ally Invest Forex is not liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. The content on this website is subject to change at any time without notice. Forex accounts are NOT PROTECTED by the Securities Investor Protection Corporation (SIPC), NOT FDIC INSURED, NOT BANK GUARANTEED, and MAY LOSE VALUE. Ally Invest Forex platforms combine ease of use, flexibility and a full suite of professional charting and order management tools, all on a single screen. Real-Time Information, Robust Tools and Maximum Flexibility – Ideal for Windows Users. Ally Invest Advanced Desktop is a robust, feature-rich platform that offers a highly intuitive user interface, advanced customization features and a variety of professional trading tools. Customize Your Trading Environment. Customize your trading layouts to suit your style. Try our pre-set layouts or create and save your own. Portable windows ensure that you're never far from your next trade, even when working in other programs. Spot Trends and Plan Your Next Trade. You can spot trends in the market using advanced charting functionality, including more than 80 technical indicators, robust drawing tools and integrated order management features. Flip between multiple charts and trade setups, layer on technical studies, even track, trade and modify orders directly on the charts. Automate Your Trading Strategies. Create automated trading strategies for real-time buy and sell signals.

Customize a strategy to meet your needs or build your own and then back test it using historical data. Browse Actionable Research and Trade Ideas. Stay on top of the markets with streaming commentary and the latest research. Access Your Account Anytime, Anywhere. Trade and manage your account on the go via our iPhone and Android apps. Try Ally Invest Forex with a free $50,000 Practice Account. Get started below. No need to practice? Open a Live Forex account. East-to-use, fully functional Ally Invest Forex trading platform Up to 50:1 leverage We offer 50 currency pairs Powerful charting 24-hour news headlines Daily and weekly Forex research 246 support by phone and live chart Open Forex Account. why Ally Invest Forex?

Foreign exchange (Forex) products and services are offered to self-directed investors through Ally Invest Forex LLC. Ally Invest Forex LLC, NFA Member (ID #0408077), acts as an introducing broker to GAIN Capital Group, LLC ("GAIN Capital"), a registered FCMRFED and NFA Member (ID #0339826). Your forex account is held and maintained at GAIN who serves as the clearing agent and counterparty to your trades. GAIN Capital, attn: Ally Invest Forex, Bedminster One, 135 US Highway 202206, Suite 11, Bedminster, NJ 07921, USA. Forex and other leveraged products involve significant risk of loss and may not be suitable for all investors. Products that are traded on margin carry a risk that you may lose more than your initial deposit. Increasing leverage increases risk. Spot Gold and Silver contracts are not subject to regulation under the U. S. Commodity Exchange Act. Please read the full disclosure. There are risks associated with using an Internet-based trading system including, but not limited to, the failure of hardware, software, and Internet connection. Ally Invest Forex is not responsible for communication failures or delays when trading via the Internet. Any opinions, news, research, analysis, prices, or other information contained on this website are provided as general market commentary, and do not constitute investment advice. Ally Invest Forex is not liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. The content on this website is subject to change at any time without notice.

Forex accounts are NOT PROTECTED by the Securities Investor Protection Corporation (SIPC), NOT FDIC INSURED, NOT BANK GUARANTEED, and MAY LOSE VALUE. Since Ally acquired TradeKing in 2016, we've worked diligently to bring our companies together. Now, we're thrilled to announce that TradeKing is Ally Invest and has moved to ally. com. If you have a TradeKing Securities or Advisors account, it’s time to move your account to ally. com. We’ve worked hard to make the process quick and simple. Today, or any time after, you’ll need to complete these simple steps to access your account: First, sign in at TradeKing. com. Next, you'll be prompted to enter and confirm your username and password. Then, we'll confirm that you've successfully moved your account to ally. com. Finally, log in to ally. com to complete user agreements and access your account. What you need to know.

Complete the move to trade. You'll need to complete the move to ally. com to access your account, view your account documents, and place trades. Use any device. You can use any device to move your account, including desktop, tablet or mobile. You'll be required to complete user agreements on ally. com before you can access your account, so you may find it easier to complete the move on your desktop. Access your account at ally. com. After you complete the move, you'll no longer need or be able to log in at TradeKing. com. Download the Ally Mobile app through Apple's App Store SM or the Google Play Store to access your account and trade on the go. Enjoy 247 customer care with Ally Invest. With the move to Ally, TradeKing is now known as Ally Invest. Contact us 247 at 855-880-2559 or by email at [email protected] ally.

com. If you have a TradeKing Securities or Advisors account, you'll access your investing account on ally. com. There, you'll find all the features you know from TradeKing, including our streaming platform, charts, and research tools. Trading will be integrated with banking features on ally. com so that you can easily manage your banking and investing accounts in one place. With the move to Ally, you’ll have access to the Ally Mobile app, offering trading functions and Ally Bank’s online banking features. After your move to Ally is complete, simply download the Ally Mobile app and enjoy managing your account on the go. In March 2017, we introduced a new lineup of diversified managed portfolios called Ally Invest Managed Portfolios. If you have a TradeKing Advisors account, your account converted to a new Ally Invest Managed Portfolio, and you're enjoying the pricing of our former CORE portfolios on your current account and on any additional Ally Invest Managed Portfolio you open. All traders are welcome to continue engaging on the network, but you'll need an Ally Invest Securities or Advisors account to access the Trader Network on ally. com. Simply set up a brokerage account, sign in, and join. Ally's Privacy Notice has replaced TradeKing Group's Privacy Notice. Copies of that notice were mailed to TradeKing customers in February 2017. Ally's Privacy Notice explains the kinds of personal information Ally collects and shares and how Ally protects your information. It also provides an explanation of your information sharing rights.

Be assured that the responsibility of handling your personal information is one that Ally takes very seriously. TradeKing shares Ally's commitment to do right by customers and to deliver exceptional value. With the move to Ally, you'll have access to the features you enjoy today at the price you pay today. And if you have a TradeKing Advisors account, you get the pricing of our former CORE portfolios on your Ally Invest Managed Portfolio and on any additional Ally Invest Managed Portfolios you open. You're important to us, and we want you with us as we introduce new, exciting features in the weeks ahead on ally. com. By coming together, TradeKing and Ally are giving our customers more. You can take advantage of a broader range of digital financial services, beyond online brokerage and advisory services. And because trading will be integrated with banking on ally. com, you'll be able to manage your Ally banking and investment accounts in one place. One thing that isn't changing is our commitment to providing great customer experiences. With an award-winning bank and nearly 100 years of experience in financial services, Ally has a full suite of products and services available to you. Check them out - we think you'll like what you see. Visit Ally to learn more. Check out Ally's community.

Follow Ally on social to see how they're doing right by their customers. Yes, soon your TradeKing account will move to Ally, and you'll be able to view your TradeKing and Ally Bank accounts on ally. com. When we let you know it's time to complete the move, you'll sign in at TradeKing to confirm your username and password. Then, you'll log into ally. com to complete user agreements. After that, you can access your Ally Bank and TradeKing accounts on ally. com, where you'll find features you know from TradeKing, including our streaming platform, charts, and research tools. As part of Ally's acquisition of TradeKing, TradeKing will soon be rebranded as Ally Invest, still offering the powerful products and licensed support team you know from TradeKing, at the value you expect from TradeKing. TradeKing Advisors will be rebranded as Ally Invest Advisors, offering affordable, professionally-managed portfolios through an automated and fully-transparent online process. With the move to Ally, the TradeKing mobile app has been replaced by the Ally Mobile app, offering trading functions and Ally Bank’s online banking features. If you currently use the TradeKing mobile app, you'll receive a message in the app when it's time to move your account to ally. com. Although you'll be able to move your account in your mobile browser, you'll be required to complete user agreements on ally. com before accessing your account. You may find it quicker and easier to complete the move on your desktop. Afterwards, be sure to download the Ally Mobile app, providing you a fully mobile banking and investing experience.

If you currently use TradeKing's mobile app for iPhone, you can download the updated Ally Mobile app through the App Store SM on your iPhone after you complete the move to Ally. Be sure to search for Ally Mobile . If you currently use TradeKing's mobile app for Android, you can download the updated Ally Mobile app through the Google Play Store from your phone after you complete the move to Ally. Be sure to search for Ally Mobile . With the move to Ally, m. tradeking. com is no longer be available and has been replaced by the Ally Mobile app, offering trading functions and Ally Bank's online banking features. If you used m. tradeking. com, we recommend that you first complete the move to Ally and then download the updated Ally Mobile app through Apple's App Store SM or the Google Play Store. You’ll see a change to the name of the API, but no changes have been made to the data responses or request endpoints: You can continue using the API as you have been. A new URL and name.

No functional changes. When TradeKing moves to ally. com, you'll access TradeKing Forex at a new URL. You'll also see some changes to the name and branding of the trading platform, so you'll need to download a new version of your trading platform. No functional changes are being made to the Forex site, trading platform, or software, so there's nothing new that you need to learn. You can continue trading with these tools as you do today. Pricing. TradeKing shares Ally's commitment to do right by customers and to deliver exceptional value. With the move to Ally, you'll have access to the features you enjoy today at the price you pay today. ForexTrader Web users. If you use ForexTrader Web, you should now access the site at: ssl. efxnow. comAllyInvestFOREXTraderWebIndex. aspx? account_type=live ForexTrader Desktop users. If you use the desktop version of ForexTrader, you can download the updated software, available now at: download. efxnow.

comAllyInvestForexTradersetup. exe ForexTrader Mobile users. If you use the mobile app, you can download the updated app through Apple's App Store SM or Google Play Store on your phone. Simply search for Ally Invest Forex . MetaTrader4 Desktop users. If you use MetaTrader4, you can download the updated software, available now at: download. efxnow. commtAllyforexmt4.exe MetaTrader4 Mobile users. If you use the mobile app, simply select AllyInvestForex under Manage Accounts before you log in. Or you can download the updated app for iPhone or Android.

If you use MB Trading products, including mbtrading. com, Desktop Pro, or Futures, you’ll notice a name change, but no functional changes have been made to mbtrading. com or MB Trading software. MB Trading Desktop Pro continues to function exactly as it has, and you can continue using your existing username and password to access your statements and account information at mbtrading. com. TradeKing has moved to ally. com and is now known as Ally Invest. Your Ally Invest account information is available in Mint. com, but you'll need to complete a few simple steps to access it: First, sign in to TradeKing. com to move your account to ally.

com. Then, log in to Mint. com. You'll be asked to update your TradeKing username and password. Simply enter the login info you use to access your account on ally. com. Finally, click Link Account . We're here for you every step of the way, 247. Ally Invest Securities Contact us 247 at 1-855-880-2559 or by live chat. Email us anytime at [email protected] ally. com. Ally Invest Advisors Contact us 247 at 1-855-880-2559 or by live chat. Email us anytime at [email protected] ally.

com. MB Trading Contact us 247 at 1-855-880-2559 (international phone: 310-647-4281), by fax 866-699-0563 (international fax: 704-457-22050), or by email at [email protected] ally. com. Ally Invest Forex Contact us 24 hours a day from 10am ET Sunday to 5pm ET Friday at 866-567-0295 (international phone: 908-731-0730). Email us at [email protected] ally. com. Ally Financial Inc. (NYSE: ALLY) is a leading digital financial services company and a top 25 U. S. financial holding company offering financial products for consumers, businesses, automotive dealers and corporate clients. Ally Bank, the company's direct banking subsidiary, offers an array of banking products and services. Deposit products ("Bank Accounts" on Ally. com) are offered by Ally Bank, Member FDIC. In addition, mortgage products are offered by Ally Bank, Equal Housing Lender , NMLS ID 181005. The Ally CashBack Credit Card is issued by TD Bank, N. A. Credit and collateral are subject to approval and additional terms and conditions apply.

Programs, rates and terms and conditions are subject to change at any time without notice. Securities products and services are offered through Ally Invest Securities LLC, member FINRA and SIPC . View all Securities disclosures. Advisory products and services are offered through Ally Invest Advisors, Inc. an SEC registered investment advisor. Brokerage accounts are serviced by Ally Invest Securities LLC and advisory client account assets are kept in custody with Apex Clearing Corporation, members FINRA and SIPC. View all Advisory disclosures. Foreign exchange (Forex) products and services are offered to self-directed investors through Ally Invest Forex LLC. Ally Invest Forex LLC, NFA Member (ID #0408077), acts as an introducing broker to GAIN Capital Group, LLC ("GAIN Capital"), a registered FCMRFED and NFA Member (ID #0339826). Your forex account is held and maintained at GAIN. Ally Invest Forex LLC and Ally Financial Inc. are separate, but affiliated companies. View all Forex disclosures. Futures trading services are provided by Ally Invest Futures LLC member NFA. Trading privileges are subject to review and approval.

Not all clients will qualify. View all Futures disclosures. Forex, futures, options and other leveraged products involve significant risk of loss and may not be suitable for all investors. Products that are traded on margin carry a risk that you may lose more than your initial deposit. Increasing leverage increases risk. Spot Gold and Silver contracts are not subject to regulation under the U. S. Commodity Exchange Act. Forex and futures accounts are NOT PROTECTED by the Securities Investor Protection Corporation (SIPC). Products offered by Ally Invest, but not limited to, Ally Invest Advisors, Ally Invest Securities, Ally Invest Forex, and Ally Invest Futures are NOT FDIC INSURED, NOT BANK GUARANTEED, and MAY LOSE VALUE. Ally Invest Review: Pros and Cons. Ally Invest (formerly TradeKing) offers one of the lowest trade fees, but is it good? Learn the pros and cons and see comparisons with other online brokers in this in-depth review. Commissions and Fees. Low commission for stock trades No account minimums Ally LIVE platform No physical locations.

Good low-price discount stock broker for savvy investors. CreditDonkey has done a comparison of the top online brokerages, and now we're taking a more in-depth look at Ally Invest for investors who want to switch their brokerage or are looking to get started. With Ally Invest's low trading costs, you can keep a few more bucks in your pocket than with bigger name brokers. Is Ally Invest Cheap and Good? If you're looking to open a basic online brokerage account, Ally Invest might be the perfect fit. Though not as well-known as its competitors, E*Trade, Fidelity, and TD Ameritrade, Ally Invest's user interface can certainly hold its own against the more popular brokerages. And it consistently ranks near the top of the customer satisfaction ratings. And best of all, the fees charged by Ally Invest are among the lowest of any online brokerage around . But how does this budget broker stand up against its more expensive counterparts? Read on to see if it's right for you. In this review, you'll find: Who Ally Invest Works Best For. Ally Invest could be right for you if you are: Looking for a simple online brokerage account and have a basic understanding of markets and security types. An active trader or a high-volume trader who can take advantage of the lower commission fees. An advanced trader who wishes to trade Forex or futures. If any of the above sound like you, this platform is a great, low-cost alternative to some of the more popular and widely advertised brokerages like E-Trade and TD Ameritrade. Ally Invest may not be right for you if you are: A beginner investor looking for more hand-holding and guidance in making your investment decisions. In these cases, you are probably better off with a different brokerage account provider.

We'll explain more below. But first, let's highlight the current Ally Invest promotions. Ally Invest Promotional Codes 2018. Get Up to $3,500 Cash Bonus and Commission Free Trades for 90 Days. New Ally Invest customers only. Account must be funded for at least 60 days to be eligible for cash bonus. Terms apply. Get $50 Cash Bonus and Commission Free Trades for 90 Days. New Ally Invest customers only with $10,000 minimum opening deposit. Account must be funded for at least 60 days to be eligible for cash bonus. Get $200 Cash Bonus and Commission Free Trades for 90 Days. New Ally Invest customers only with $25,000 minimum opening deposit.

Account must be funded for at least 60 days to be eligible for cash bonus. Get $300 Cash Bonus and Commission Free Trades for 90 Days. New Ally Invest customers only with $100,000 minimum opening deposit. Account must be funded for at least 60 days to be eligible for cash bonus. Get $600 Cash Bonus and Commission Free Trades for 90 Days. New Ally Invest customers only with $250,000 minimum opening deposit. Account must be funded for at least 60 days to be eligible for cash bonus. Get $1,200 Cash Bonus and Commission Free Trades for 90 Days. New Ally Invest customers only with $500,000 minimum opening deposit. Account must be funded for at least 60 days to be eligible for cash bonus.

Get $2,500 Cash Bonus and Commission Free Trades for 90 Days. New Ally Invest customers only with $1,000,000 minimum opening deposit. Account must be funded for at least 60 days to be eligible for cash bonus. Get $3,500 Cash Bonus and Commission Free Trades for 90 Days. New Ally Invest customers only with $2,000,000 minimum opening deposit. Account must be funded for at least 60 days to be eligible for cash bonus. Get up to 1% interest paid on your cash balance. Earn interest on your cash balance. 1.00% for cash balance of $1M+. 0.50% for cash balance of $25K - $999K. 0.01% for cash balance of $0.01 to $24,999. Open an Ally Invest account. You can get started two ways: A self-directed account. If you're comfortable trading, you can handle your own investments.

There are no account minimums to open a self-direct account. And there are no maintenance or inactivity fees. A managed account. If you're a beginner or prefer to be hands-off, you can get an automated managed portfolio. This is a robo-advisor that automatically picks investments for you based on your goals. You need a minimum investment of $2,500 to open. The annual fee is 0.30% of your balance. You can fund your account in a variety of ways, including wire transfers, an electronic transfer from your bank, or the good, old-fashioned way - with a check. Within just a few days, you'll be up and running and ready to dive into the market. You must be a US citizen or legal permanent resident, and have a US address. Ally Invest has straightforward pricing and boasts one of the lowest fees on the market. Stock and ETFs: $4.95 per trade Options: $4.95 plus $0.65 per contract Mutual funds: $9.95 to buy or sell no-load mutual funds. Ally's long history started in 1919 when it was founded as GMAC (the financial sector of General Motors).

It was originally an auto finance company and slowly expanded its financial services over the decades. In 2009, it was rebranded as Ally Bank. Ally Bank is an online-only bank, which allows them to strive for high interest rates on their bank accounts with minimal fees. In 2016, Ally Financial acquired TradeKing, which became Ally Invest. Ally Invest is a member of FINRA and SIPC. SIPC covers customer claims up to $500,000, including a $250,000 limit for cash claims. While SIPC protects against the loss of cash and securities (such as stocks and bonds) in the case that Ally Invest fails, it does not protect against investment losses from the market. And it does not cover Forex or futures trading. SERVICES AND FEATURES. Ally Invest offers a wide assortment of investment possibilities, including: Mutual Funds : Ally offers thousands of mutual funds, but it doesn't have any no-transaction-fee funds. ETFs : Unfortunately, Ally doesn't offer no-commission ETFs. Fixed Income Securities.

Options Contract : Ally's platform offers very strong tools for options traders. If you're an options trader, it's hard to beat Ally's rate. Penny Stocks: Ally Invest charges 1 cent per share added to the regular $4.95 trade fee for stocks under $2. This is somewhat of a testament to the volatility of the penny stock market (also known as pink sheets or over-the-counter bulletin board). Don't let the seemingly harmless name of penny stocks fool you. It's a high-risk market where you can lose your shirt and a lot more if you don't know what you're doing. Forex (Foreign Exchange): Forex is the most popular traded market in the world. In a nutshell, Forex is traded in pairs: you're buying one currency while selling another. There's a fair amount of risk involved. To trade Forex on Ally, you need a minimum deposit of $250. And you need to sign up for a separate Ally Forex account. There's no commission fee to trade Forex.

You can't swim without getting in water. Likewise, you can't master trading Forex without experience. Ally offers a $50,000 virtual practice account with full access to the platforms and tools for 30 days. This practice account is free, and you'll have over 50 pairs of currency to choose from. Futures: Futures trading is an agreement to buy or sell an asset at a pre-planned future date and price. To trade futures, you need to open a separate Ally Futures account. The tiered commission plan allows high-volume traders to trade for as low as 45 cents per contract. IRAROTH IRA: Ally Invest offers different IRA retirement accounts, including the Traditional and Roth IRA. If you're not sure which one is best for you, the Ally Invest FAQ page explains the difference to help you decide. You can also choose a managed IRA account. Get Up to $3,500 Cash Bonus and Commission Free Trades for 90 Days.

New Ally Invest customers only. Account must be funded for at least 60 days to be eligible for cash bonus. Terms apply. Ally Invest's platform - called Ally LIVE - is available for free for anyone who opens an account. It offers tools such as: Real-time streaming and quotes Fully customizable dashboard where you can dragremove modules however you want 6 chart types with 90 chart studies and drawing tools Adding alerts to your charts Options tools, including option chains, probability calculator, and profitloss graph Research data, including charts, company quotes, highlow prices, and peer performance comparisons Free tools by Recognia. Ally's platform is obviously looking to bat with the big boys. But it's still lacking in some tools, such as heatmaps. It's constantly listening to feedback and making improvements based on customer needs, so hopefully even more tools will come in the future. Note : The Ally LIVE Platform works only for Windows. Mac users will have to use the web platform, which is not as advanced as the LIVE platform. Once you're into your account, the platform is pretty simple to use. You'll see menu options across the top of the page. The Dashboard is an overview of your activities and links to other parts of the platform. You'll do all your buying and selling in the Trading tab. The Research tab is where you'll find Ally's news and research for markets, stocks, and options. Ally Invest offers trading on-the-go with its iPhone and Android apps.

They are simplified versions of the desktop platform. The functions are limited, but they have most of the core abilities, such as: Trade stocks and options from your phone Get live streaming quotes, chart positions, and current news Use advanced charting tools View your watch lists Monitor your investments and check balances. Ally Invest Review 2018 – Low Prices and Great Customer Service. Review of: Ally Invest. Reviewed by: Kevin Mercadante. Last modified: July 23, 2018. Ally Invest is the online brokerage firm of Ally Bank, and its great pricing and customer service make it hard to beat. Unfortunately, the funding process can be tricky, taking up to 10 business days. And if you are looking for a local branch office, you'll have to look elsewhere. Are you looking for an online stock broker with low fees and plenty of features that would appeal to the active trader? Maybe you’re looking for a platform that could seamlessly connect with your personal bank, making it a “one-stop shop” for your financial accounts.

Whatever your needs, Ally Invest is a brokerage worth checking out. It’s a relative newcomer to the market. Ally Financial created the platform from its purchase of TradeKing. We’ll talk about that in more detail in just a minute. But first, let’s check out some of the features that make Ally Invest unique. Ally Invest Fees & Features. Taxable Joint Roth IRA Traditional IRA Rollover IRA Custodial SEP IRA SIMPLE IRA 401(k) Solo 401(k) Trusts Limited Parternships Partnerships Non-Profit 529 Coverdell Annuities Checking Savings Money Market CDs. Account Protection — Accounts are SIPC protected for up to $500,000, with $250,000 for cash claims. Further coverage is available for up to $37.5 million, with up to $900,000 in cash with an aggregate cap of $150 million (Forex & Futures accounts are not covered). Clearing Agency — Brokerage accounts are serviced by Ally Invest Securities LLC, and advisory client account assets are kept in custody with Apex Clearing Corp. Trading Tools — Ally Invest offers a full suite of trading tools to help you become a more successful investor, including: Streaming Charts — Six charts with more than 90 chart studies and drawing tools to analyze the performance of securities; fully customizable. Market and Company Snapshots — Market statistics, news and detailed metrics and insights on individual companies. Watchlists — A customizable list to track and view market data on groups of securities.

ProfitLoss Calculator — Enables you to understand the profit and loss potential of an options trade before you make it. You can also see how outcomes change based on fluctuations in volatility and time. Probability Calculator — You can use implied volatility to help you determine the probability of hitting your targets before placing trades. Market Data — Provides quotes, charts, highlow prices, dividend dates, overall options summary, news, historical quotes and peer performance comparisons. Options Chains — Enables you to place options trades and even complex multi-leg spreads with ease. Publicly traded firm Ally Financial Inc. purchased TradeKing in 2016. Ally rebranded TradeKing as Ally Invest, its new investment. TradeKing was well known as one of the very lowest-cost investment platforms. It focused on self-directed investing and options trading. Since taking over the highly successful investment platform, Ally has added its own features and benefits. This has turned it into one of the very top investment services available.

Ally Invest’s sister company, Ally Bank, is one of the leading banks on the web. It offers some of the best interest and loan rates anywhere. The bank is online only, with no local brick-and-mortar branches. All told, Ally has more than 7,000 employees and more than $70 billion in customer deposits. In December 2017, Kiplinger’s Personal Finance magazine listed Ally Bank as the Best Online Bank. Ally Invest now serves more than 250,000 customer accounts. It holds more than $4.7 billion in assets. How Does Ally Invest Work? You can trade stocks, exchange-traded funds (ETFs) and fixed-income securities. That can include corporate, agency and municipal bonds. You can trade Treasurys, strips and zeros, certificates of deposit (CDs) and new issues. You can also trade from more than 12,000 load and no-load mutual funds.

Ally Invest also has a robust options suite. It includes equity, index and ETF options, as well as Binary Return Derivatives. As well as trading securities, Ally Invest offers its Forex & Futures platform. This features a large range of tools and resources. It also boasts some of the lowest fees available for forex trading. For those who are not concerned with self-directed investing or with forex and futures trading, Ally Invest offers its Managed Portfolios service — equivalent to a robo advisor. Managed Portfolios can give investors professional investment management. The fees for such services are much lower than what is charged by typical investment managers. Funding your account. The easiest way to fund your account is with a debit card. That’s because the funds will post to your Ally Invest account immediately.

Wire transfers take one to two business days. These can be done with U. S. dollars, euros, Canadian dollars, Japanese yen, Swiss francs, Australian dollars or British pounds. Other funding methods take more time. If you fund your account using an ACH from your checking account, the transfer process will take two to five business days. That means up to one week. If you pay by check, it’s even slower. It will take five to 10 business days to process. The check must be drawn on a U. S. bank. Ally Invest self-directed fees.

Ally Invest’s basic trading fee for stocks, ETFs and options is $4.95. The broker charges an additional 65 cents per contract for options. This fee is comparable to both Fidelity and Charles Schwab but is considerably lower than the $6.95 per trade charged by TD Ameritrade and E*TRADE. Special pricing for high-volumehigh-balance investors. Investors who made 30 or more trades in the prior calendar quarter andor maintained a minimum average daily balance of more than $100,000 in the prior quarter qualify for special pricing: fees of just $3.95 per stock, ETF and options trade, plus 50 cents per contract for options. For mutual funds, there is no fee charged on load funds — for neither the purchase nor the sale. There is a $9.95 charge for no-load funds, for both purchases and sales. Ally Invest has a $1.00 per bond fee on bonds ($10 minimum). There is no charge on U. S. Treasurys and a $24.95 per transaction charge on certificates of deposit (CDs). There is no commission fee for forex trades. Instead, Ally Invest is compensated based on the buysell spread.

There is no annual fee, no inactivity fee and no IRA annual fee. Ally Invest Managed Porfolios. We don’t all want self-directed investing, so Ally Invest offers Managed Portfolios . This service provides professionally designed and personalized portfolios made to fit your goals. It boasts automatic rebalancing to keep the target portfolio allocation. That means you never need to worry about maintaining your portfolio. You need at least $2,500 to open an Ally Invest Managed Portfolio. The annual management fee is 0.30%. That is less than one-third of the industry average of 1.02% for a professionally managed investment portfolio. You can have a $100,000 portfolio managed for just $300 per year. Each Managed Portfolio is made based on the client’s risk tolerance, financial goals and investment horizon for each of those goals. Low-cost index funds (ETFs) are used to make up the portfolio. This will maximize your return.

You can even adjust your risk tolerance and, therefore, your portfolio allocations. Managed Portfolios can be made for individual and joint taxable accounts; traditional, Roth and rollover IRAs; and custodial accounts. And as with Ally Invest in general, customer service is available on a 247 basis with your Managed Portfolio. Ally Invest Forex & Futures. Ally Invest offers Forex & Futures trading for more skilled investors. You can trade more than 50 currency pairs. These include gold and silver. All trades can be done in real time. The service comes with strong research and analysis tools. There is also a wide range of educational material. You will also enjoy market access 24 hours a day, Sunday through Friday (beginning Sundays at 10:00 AM and ending Fridays at 5:00 PM, all times Eastern). The Forex & Futures service offers a customizable trading platform that includes: Metals, agriculturals, indices and bonds from various exchanges Tiered commission plans that offer reduced fees for high-volume trading Charting capabilities based on over 100 technical indicators Indicators, real-time alerts and a tradable Market Depth Ladder — all customizable.

When you apply for an account, you can open either a ForexTrader or a MetalTrader account. You can open a Forex & Futures account with as little as $250. $2,500 is recommended so that you will be able to take full advantage of the account. This will allow more flexibility and diversification. Ally Invest Forex & Futures offers some of the tightest trading spreads in the industry. This is done to reduce your trading costs and increase your profit potential. Ally Invest even publishes its live spreads. As noted above, Ally Invest is compensated based on the buysell spread. It does not charge commission fees on forex trades. ForexTrader Web. This feature is designed to run on both Windows and Mac and with many web browsers. It has real-time position and account information, a fully integrated charting tool and a variety of single and contingent order types, including IfThen, IfThen OCO and Trailing Stops. Forex Premium Charting. This offers professional-grade tools to identify and decode forex patterns and trends.

The tool allows you to: Overlay multiple indicators for advanced technical analysis View auto trendline indicator continuation on charts Easily save, export, print or email charts Customize charts to your personal preferences. Forex & Futures Mobile App. The app is available on iPhone and Android. It has strong trading capabilities, charting tools, price alerts, real-time news and commentary, and the ability to manage your account on the go. Educational Resources. Ally Invest offers premium education, from the basics of forex and futures trading to technical and fundamental analysis. There is also a helpful glossary if you just need to quickly look up a term. Forex & Futures Practice Account. Ally Invest offers a free $50,000 practice account that gives you full access to the trading platforms and tools for up to 30 days. This lets you hone your skills before putting your own real money to work. This is a big plus for anyone who either is new to forex and futures trading or wants to improve their skills before going live. It’s important to understand that forex accounts are not protected by SIPC or FDIC insurance. They are not guaranteed by Ally Invest. Ally Invest Review 2018.

Our choice for best low-cost broker, Ally Invest does it all, but it's especially good for active traders who can enjoy volume discounts. At NerdWallet, we adhere to strict standards of editorial integrity to help you make decisions with confidence. Some of the products we feature are from our partners. Here’s how we make money . We adhere to strict standards of editorial integrity . Some of the products we feature are from our partners. Here’s how we make money . The Bottom Line: Ally Invest's free research, tools and low fees make it attractive for both new and active traders. on Ally Invest's secure website.

in cash bonus with a qualifying deposit. Low commissions No account minimum Strong web-based platform Robust research and tools. No commission-free ETFs No no-transaction-fee mutual funds. Compare to Similar Brokers. in cash bonus with a qualifying deposit. days of commission-free trades with a qualifying deposit. in cash bonus with a qualifying deposit. In most respects, Ally Invest rivals the major online brokers today, and it offers other bells and whistles such as forex trading and automated portfolio management that are not available everywhere. Not only does Ally offer a cheap base commission ($4.95), but it also whittles those fees down further for active traders. Ally Invest is best for: Active traders Options traders Forex traders. Where Ally Invest shines. Commissions: Only a few online brokers can compete with Ally Invest’s low commission of $4.95 on the trading of stocks and exchange-traded funds. Active investors qualify for the firm’s discount ($3.95 per equity trade) by making 30 or more trades per quarter or having a balance of $100,000 or more. Ally Invest’s options trading contracts are similarly low at $4.95 plus 65 cents per contract (or $3.95 plus $0.50 per contract for active traders) with only one base charge per spread contract. And instead of charging forex traders commissions, transaction costs are based on spread markups, and accounts that have at least one trade within the past 90 days get access to free data.

Mutual fund investors will be disappointed that there are no transaction-fee-free funds available. However, Ally Invest’s $9.95 commission for no-load mutual funds is far from onerous when compared with the $20 to $50 (and more) charged by other discount brokers. Even Ally’s $20 fee (plus regular commission) for broker-assisted trades and its low margin rates are hard to beat — which is why the broker was one of our top choices for cost-conscious mutual fund investors. Account minimum: Ally Invest’s $0 account balance minimum means there’s no roadblock to getting started. That’s a bonus for stock-focused investors funding an IRA. (Mutual fund-focused retirement savers: Check out our roundup of best IRA account providers for other no-minimum account options.) Trading platform: Ally Invest’s browser-based platform offers quick trading capabilities, real-time streaming quotes and data, a customizable dashboard, and access to all of the broker’s tools. Customers who frequently trade from various computers — home and work, for example — will appreciate this web-based platform, which doesn’t require any downloads. Ally has also advanced the ability for customers to trade via mobile devices with the company’s apps, or to use a smartphone to access the web-based platform. Investing research and tools: Ally Invest offers a suite of investing tools that exceed expectations for a deep-discount broker.

Its options trading tools are particularly strong and include an options pricing calculator to compare current bidask prices to forecast theoretical values, and a strategy scanner that identifies and executes option strategies based on criteria you choose. (Just getting into options trading? Here’s our 101 guide.) Technical traders can dive into a suite of free tools powered by Recognia. Other free tools include a profit-and-loss calculator, a probability calculator (that uses implied volatility to determine your likelihood of hitting your targets) and the Maxit Tax Manager, which identifies tax implications of trading decisions (e. g., as short - and long-term gains and losses, wash sales) for planning purposes and generates on-demand 1099 forms. Side note about data: Standard quotes are free to all customers, but free, real-time streaming data is available only to investors who trade more than 10 times per month. Where Ally Invest falls short. Commission-free ETFs: In short, Ally has no commission-free ETFs, making the company a poor option for investors who want to gradually build up their position in ETFs because even the low $4.95 commission can add up and pare investment returns. Mutual funds: The company offers more than 12,000 mutual funds, but unfortunately none of them are free of transaction fees. Ally Invest’s commission for no-load funds is $9.95 (one of the lowest among brokerage firms), but investors would be better off using one of the other deep-discount online brokers — such as E-Trade, Merrill Edge or Interactive Brokers — which offer thousands of funds with no transaction fees.

No physical branches: Plenty of brokers have an online-only presence, but it’s worth pointing this out here for beginner investors who may feel more comfortable knowing they could visit a branch office for hands-on help. That said, Ally offers online and phone customer support 24-7. If you’re an active trader focused on costs, then Ally Invest could be a great fit. Even if you’re not, Ally will probably still fill the bill for you, with competitive commissions, helpful trading tools, and an easy-to-use trading platform. Plus, with no account minimum, it’s easy for beginners to get started. So Ally competes favorably for new investors and those investors looking to trade. Those looking to buy no-transaction-fee mutual funds and ETFs, however, may find a better home at another broker. Everyone else, though, should at least give Ally the once-over. » Want more options? See our best online brokers for stock trading. Ally Invest Forex Review. Ally Invest caters well to traders on a budget by providing accounts with low minimums and tight spreads. A functional trade execution interface and robust reporting tools simplify repetitive tasks, saving you time and hassle. Low barriers to opening an account. While some brokers like ATC Brokers have initial investment requirements as high as $5,000, you can start trading forex on Ally Invest’s platform with as little as $500. The low minimum and ability to trade micro lots play well with the novice investor. Add in pricing spreads as low as 1 pip and it’s easy to see why Ally Invest Forex is great for the budget-minded investor with a smaller bankroll.

Expert Advisors automated strategies. Advanced traders can take advantage of the Expert Advisors (EA) strategy within the MT4 platform. Traders program EAs to analyze the market for opportunities to automate trading decisions and set risk management criteria. EAs are efficient ways to take advantage of market opportunities without the investment of time in front of a computer. Intuitive interface and customizable layout. New traders appreciate the intuitive feel when placing trades and checking orders. This is easily done by clicking on the trading panel where every spread is updated in real time with buy or sell buttons for quick execution. More advanced traders can take advantage of the customizable layout by creating multiple chart windows or a watchlist of the top currencies to track. Solid reporting and data export functions. Reporting features are often overlooked, but Ally Invest delivers useful reports which can all be exported to a. CSV file. The account value summary breaks down your running balance by displaying all transaction types so you know if an increase came from a realized trade PL, interest, or customer deposit. Come tax time, export your realized PL report for a simple transfer to your accountant. Markets move fast, and Ally Invest lets you capitalize on quick market movements by entering trades with one click from the trading panel. Instead of opening an order ticket, choosing which order type, and setting a price limit, simply click buy or sell and your order executes swiftly at the market price.

This is also a useful feature when learning to trade because it simplifies the order entry process. Poor educational resources. For a platform that seems to cater to beginners, Ally Invest Forex needs to improve in the education department. While the site does a decent job of walking a trader through the basics, it lacks videos and webinars that most other brokers offer. Brokers like FXDD knock education out of the park by offering courses, videos, and platform tutorials. Limited access to other investments. From the Ally Invest Forex account, traders can trade both gold and silver CFDs (contracts for difference). With only two trading options, Ally Invest falls behind market leaders such as thinkorswim, which offers stocks, options, futures, as well as other investment products. Other investment products are accessed through separate Ally Invest accounts. Must be logged in for automated strategies. Advanced traders may get excited about the automated trading capabilities from Ally Invest’s metatrader platform. However, you need to be logged into your account for the strategies to run. An automated strategy should work without you there. Because forex markets trade around the clock, this requirement makes it difficult to execute Ally Invest’s automated strategies and defeats the purpose. Forex Trade: $13 Forex Trade Cost Type: Pips Futures Trade: NA Minimum Deposit: $500 Options Trade: NA Stock Trade: NA. Clearing Method: Straight Through Processing Maximum Leverage (International): 50:01:00 Maximum Leverage (U. S.): 50:01:00. We find the best of everything.

How? We start with the world. We narrow down our list with expert insight and cut anything that doesn't meet our standards. We hand-test the finalists. Then, we name our top picks. Ally Invest Promotions. Save with top Ally Invest promotions for cash bonus, free trades, and transfer fee reimbursement. Ally Invest is currently offering ten promotions. Read our in-depth review of Ally Invest to see why Ally Invest scored 4.4 stars out of 5. We like their low commission for stock trades, no account minimums, and ally live platform. Get $50 Cash Bonus and Commission Free Trades for 90 Days. New Ally Invest customers only with $10,000 minimum opening deposit. Account must be funded for at least 60 days to be eligible for cash bonus. Get $200 Cash Bonus and Commission Free Trades for 90 Days. New Ally Invest customers only with $25,000 minimum opening deposit.

Account must be funded for at least 60 days to be eligible for cash bonus. Get $300 Cash Bonus and Commission Free Trades for 90 Days. New Ally Invest customers only with $100,000 minimum opening deposit. Account must be funded for at least 60 days to be eligible for cash bonus. Get $600 Cash Bonus and Commission Free Trades for 90 Days. New Ally Invest customers only with $250,000 minimum opening deposit. Account must be funded for at least 60 days to be eligible for cash bonus. Get $1,200 Cash Bonus and Commission Free Trades for 90 Days. New Ally Invest customers only with $500,000 minimum opening deposit. Account must be funded for at least 60 days to be eligible for cash bonus. Get $2,500 Cash Bonus and Commission Free Trades for 90 Days. New Ally Invest customers only with $1,000,000 minimum opening deposit.

Account must be funded for at least 60 days to be eligible for cash bonus. Get $3,500 Cash Bonus and Commission Free Trades for 90 Days. New Ally Invest customers only with $2,000,000 minimum opening deposit. Account must be funded for at least 60 days to be eligible for cash bonus. Get up to 1% interest paid on your cash balance. Earn interest on your cash balance. 1.00% for cash balance of $1M+. 0.50% for cash balance of $25K - $999K. 0.01% for cash balance of $0.01 to $24,999. Automated Investing to Help Save Your Time. Custom Investment Plans Created for You. Top Ally Invest Special Offers. Ally Invest (formerly TradeKing) is one of the most trusted online brokers. Its offers low fees per trade, superior customer service, and a full range financial services.

Read our in-depth review to see why Ally Invest scored 4.4 out of 5 stars. Open an Ally Invest account. Ally Invest is currently offering two brokerage promotions: Cash Bonus and Free Trades Promotion. Ally Invest now offers a big sign up bonus for new qualifying customers: up to $3,500 cash bonus AND $500 of free trades . The free trade promotion and cash bonus deal is for new customers only. You must fund the new account within 60 days of account opening. $500 of Commission-Free Trades: You must maintain the account minimum of $10,000 for 90 days. You will receive $500 in commission credit for equity, ETF, and option trades made within 90 days of account opening. Here is how to get this offer on Ally Invest: You'll need to open a new account and follow the promo terms including making the minimum deposits within 60 days of account opening. Get Up to $3,500 Cash Bonus and Commission Free Trades for 90 Days. New Ally Invest customers only. Account must be funded for at least 60 days to be eligible for cash bonus. Terms apply. Ally Invest Transfer Fee Reimbursement. Ally Invest will reimburse the account transfer fees up to $150 charged by another broker when you transfer your account (with a value of $2,500 or more) to Ally Invest.

Here's how it works: Make sure you have a copy of the entire most recent statement from your current broker. Log into your account and go to the Investments section. Select "Document Upload" to upload the form. Or mail in the form to Ally Invest Securities, PO Box 49050, Charlotte, NC 28277. Reimbursements will be made to your account via credit within 30 days of receipt of proof of transfer fees. Switch to Ally Invest and get up to $150 in transfer fees reimbursed. Move your account to Ally Invest and they will credit your transfer fees up to $150 when you complete a first-time account transfer of $2,500 or more. This transfer reimbursement offer does not apply to Termination Fees or Maintenance Fees. Note: Ally Invest reserves the right to terminate the offer at any time without prior notice or extend the offer at its sole discretion. How to Get the Best Deal at Ally Invest. Ally Invest offers some of the lowest fees among online brokerages. It has a wide product variety, a great trading platform, and great research tools. Before you go with Ally, though, find out how Ally Invest works to find out if it's the best discount broker for you. Check for promo codes on CreditDonkey.

Ally Invest typically offers some sort of promotion for investors opening up new accounts. However, you usually need a large opening balance to qualify for the deal. Get Up to $3,500 Cash Bonus and Commission Free Trades for 90 Days. New Ally Invest customers only. Account must be funded for at least 60 days to be eligible for cash bonus. Terms apply. When to Use Ally Invest. Anytime you’re ready to invest . Ally Invest has no minimum account requirement. However, if you want an Ally Invest Managed Portfolio, the minimum balance required is $2,500. When opening an IRA . There’s no minimum account balance for an IRA with Ally Invest, so it’s a great place to supplement your other retirement savings. If you want to trade Forex or Futures . Not all brokerages has Forex or Futures trading. Ally Invest offers a very wide breadth of services, so you can invest in almost anything. When you’re unhappy with your current broker .

If you have at least $2,500 managed by another broker, Ally Invest will pay up to $150 in other broker transfer fees when you make the switch. Open an Ally Invest IRA today. No IRA fees. What to Do After You Open an Account. Take advantage of customer service . Ally Invest ranks high for its customer service, whether it’s on the phone or online. They offer 247 help, so you can access someone anytime you have a question. Download the mobile app . You can make trades, get live streaming quotes, chart positions, current news, and set custom stock alerts from the convenience of your phone. Use the research tools . Ally Invest has some great research tools, including: streaming charts, company snapshots, profitloss calculator, and probability calculator. Best Things to Trade at Ally Invest. Stocks . Trading stocks online is easy with a simple flat fee of $4.95 per trade.

This is extremely inexpensive. It’s also the lowest among online discount brokers. Options . Trading options costs just $4.95 + $0.65contract. Bonds . Investing in bonds cost just $1 per bond, with a $10 minimum. Trade stocks for $4.95. With no minimum account balance and no minimum trade activity. Trade stocks for $3.95. Special Pricing: $3.95 per online stock and ETF trade. Must maintain $100,000 average daily balance or execute 30 or more trades per quarter. Ally Brokerage Promotion.

Ally acquired TradeKing and rebranded it Ally Invest. This brokerage offers a single online trading platform to manage your investments. Ally Trading Promotions. Trade stocks, ETFs, options, bonds and mutual funds on Ally Invest (formerly TradeKing). Ally Managed Portfolio. Ally Managed Portfolio: Pricing information from published website as of 06142018. Articles on Ally Invest. Best Trading Platform. Ally Managed Portfolio Review. Blooom Review: Is It Good? How to Start Investing.

Best Discount Broker. Average Stock Market Return Will Surprise You. How to Trade Options. The Best Way to Invest $100. Ally Bank Review: Is It Worth Opening Account? How to Invest and Make Your Money Work for You. Fidelity Investments Review: Best Broker for Long-Term Investors? Study: Best Online Brokers for the Money - TradeKing vs TD Ameritrade vs Fidelity. TD Ameritrade Review: Pros and Cons. How to Invest in Stocks: Beginner's Guide. Study: Best Stock Broker App. Study: Best Online Stock Broker for College Students. Study: Best Stock Broker for Penny Stocks. 23 Reasons Why You Should Invest in Stocks. Scottrade Review: Pros and Cons for Beginners. E*TRADE Review: Pros and Cons.

Best Roth IRA Providers for Beginners. Study: Best Brokerage Accounts. Don't Have Time to Do Your Own Investing? Ally Invest Can Help. More Brokerage Promotions. TD Ameritrade Promotions. More Deals from CreditDonkey. Credit Cards for International Travel. Credit Cards for Excellent Credit Only. Best Credit Card Bonus Offers.

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