Investing
How to join Ally Investing?
Ally Investing account offers many investment choices with affordable fees and some free fee commissions. Check out how to join it and start growing money with all the help you need!
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by Aline Augusto
Opening an account at Ally Investing: an alternative to start investing with lower fees!
Ally Investing offers a Self-directed trading account with free fee commissions for stocks, ETFs, and options trades. It is an excellent choice for those who want the freedom to manage their portfolio but sometimes need tools and educational resources.
Also, it features a Robo portfolio plan that investments specialists manage with no advisory fees.
Furthermore, Ally provides you with an intuitive trading experience through an online platform and mobile app for iPhone and Android. Plus, excellent customer service with brokers ready to answer your questions.
And it allows effortlessly transfers through an integrated financial system.
No further ado; learn how to open an account.
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Open account online
Access the Ally website and choose which type of account you want to join.
Note that it doesn’t require a minimum to open an account. But Robo portfolios account requires a $100 initial minimum deposit. And Self-directed brokerage margin accounts require a minimum of $2,000.
Then, provide your personal and contact information and submit the forms.
Also, you can call Ally 24/7: 1-855-880-2559.
Join using the app
After getting the approval, download the mobile app to manage your portfolio.
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Ally Investing vs. Robinhood Investing
If you want to trade crypto, Robinhood can help you with that. Also, it doesn’t charge fees, and it doesn’t require an account minimum.
On the other side, Ally gives a greater promotion, with low-cost investment choices.
Check out the comparison table before opening an account.
| Ally Investing | Robinhood Investing | |
| Trading fees | $0 for stocks, ETFs, and options (plus 50¢ per contract fee); Commissions for mutual funds: load – Purchases: $0 / Sale: see terms & conditions; Commissions for Bonds: $1.00 per bond ($10.00 minimum, $250.00 maximum) per transaction; And Commissions for treasuries: $1.00 per bond ($10.00 minimum, $250.00 maximum) per transaction; Commissions for CDs: $24.95 per transaction | None |
| Account minimum | $0 | $0 |
| Promotion | Up to $3,000 in bonus cash when you open an invest account | One free Stock |
| Investment choices | Stocks, ETFs, Options, Bonds, Mutual Funds, Forex | Stocks, ETFs, fractional shares, Options, Cryptocurrency and American Depositary Receipts |
How to join Robinhood Investing?
Robinhood is a self-directed investment account with low costs, no account minimum required and more! So, learn how to join today!
Aline Augusto
Aline Barbosa
Senior Editor
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