What does the American broker Ally Invest offer? Platform overview and client reviews.
**What does Ally Invest broker offer?**
American broker Ally Invest is a popular provider of CFD and forex services with an extensive range of financial instruments. To familiarize yourself with the financial opportunities of Ally, a company with a century-old history, visit the official website ally.com.
Main aspects of the broker
Ally Invest emerged as a result of the merger of forex broker TradeKing with online bank Ally Bank in 2016. The TradeKing platform was recognized as an excellent choice for short-term investors. Ally Bank, without regional branches, managed assets of over 70 billion USD. Currently, more than 8 million people use the services of forex and CFD broker Ally Invest.
Clients are offered various markets, including stocks, currencies, commodities, as well as options, indices, stocks, bonds, futures, and CFD contracts. Accounts are available on ally.com for individual investors and traders, as well as for medium and large businesses. By registering on the platform, you gain access to all available markets and financial instruments.
Registration process
To open an account with Ally Invest, click on the “Open Account” tab and choose the appropriate account type. Details on trading conditions are provided on the website, facilitating the selection of the optimal choice. Before registering, it is important to review the privacy policy and other documents to avoid future issues.
Deposits can be made through various methods, including WIRE Transfer, Visa/MasterCard credit and debit cards, bank transfers. Minimum deposit amounts are 1 USD for traders and 100 USD for portfolio managers. Self-trading is available with a deposit of 2000 USD.
Trading opportunities
Ally Invest provides access to the online platform TradeKing Live for trading. Trading is possible on both the desktop version of the site and in the mobile application for Android and IOS. The range of financial instruments includes assets of various classes, margin trading services, and other financial instruments.
Brokerage fees
Ally Invest charges commissions on various assets. Commissions vary depending on the type of asset, but there is no fixed rate for all transactions. The company also reimburses transfer fees from accounts at other brokers under certain conditions.
Client security is ensured through membership in SIPC, account insurance, and two-factor authentication. Ally Invest is also regulated by FINRA, SIPC, NFA, and other authorities.
Client reviews
Various reviews about the broker can be found online. Some clients express satisfaction with Ally Invest’s services, while others note some platform drawbacks. It is recommended to independently study the conditions and advantages of the broker before deciding on cooperation.
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