Ally Invest Rated 3/5

Ally Invest Guide - Read our In Depth 2023 Ally Invest Review

This detailed Ally Invest review has been researched and fact checked by industry experts with over 30 years of financial experience in Forex trading, CFD trading, Spread Betting, Share Dealing.

Learn more about Ally Invest.

Benefits of Trading with Ally Invest

Ally Invest Review 2023 Quick Summary
๐Ÿ’ฐ Min Deposit 500
๐Ÿ‘ฑโ€โ™‚๏ธ Used By 10,000 Ally Invest users and traders
๐Ÿ“† Founded 2013
๐ŸŒ HQ United States
๐Ÿ‘ฎโ€โ™‚๏ธ Regulation Cyprus Securities and Exchange Commission (CySEC)
๐Ÿšซ Excluded Countries Ally Invest is not available in the following countries :

Open Ally Invest's Website

Your capital is at risk

Learn more about IC Markets.
learn more Learn more about IC Markets.
Losses can exceed deposits

What is Ally Invest?

Ally Invest are a worldwide financial trading platform and broker. founded in 2013

Over 10 years later Ally Invest now serves over 10,000 retail investors Forex trading, CFD trading, Spread Betting trading, and Share Dealing trading.

Ally Invest are a global broker. Ally Invest have a head office in United States.

When trading in the financial markets, finding a broker that meets your needs can be very time-consuming.

We will dive deep in this Ally Invest review and assess how well the Ally Invest platform functions in its role as an international multi asset trading platform for traders in 2023.

Visiting many broker websites, all of which have different language uses. Technical language and terminology can be confusing with brokers like Ally Invest. Choosing or shortlisting a trading platform like Ally Invest can be time consuming. Choosing a trading platform requires a significant amount of research and analysis. It can be challenging to understand each platform's various features and benefits, especially with a complex trading platform like Ally Invest.

As a result, selecting the right trading platform like Ally Invest requires a deep understanding of the market, trading strategies, and platform functionality. The task becomes even more daunting when considering the vast number of online brokers like Ally Invest available, each with unique features, fees, and regulations.

In such a complex landscape, finding a reliable and trustworthy broker like Ally Invest requires thorough due diligence and careful consideration. Some Ally Invest trading features can be complex when trading on mobile or using the Ally Invest online trading platform. Beginners and inexperienced traders must take the time to learn how to use the Ally Invest trading tools properly. In our review of Ally Invest we explain the pros and cons. What Ally Invest offer, countries Ally Invest are available in. Who Ally Invest are regulated by and more.

Ally Invest Review Screenshot

When it comes to online trading with brokers like Ally Invest, carefully review Ally Invest as your broker can make or break your success. Choosing the right broker is essential to ensure your Ally Invest investments grow and flourish. However, beware of fake and unreliable brokers lurking in the shadows, waiting to take advantage of unsuspecting traders.

You must be diligent and thorough in your Ally Invest review selection process to safeguard your hard-earned money. It's crucial to do your due diligence and research the reputation, track record and trust worthyness of Ally Invest. You must also ensure the Ally Invest broker's profile, trading tools, fees and regulation aligns with your needs and goals.

Remember, Ally Invest needs to be your partner in your trading journey.

Our team has endeavored to break down the complex world of trading with Ally Invest into easily digestible information in this Ally Invest review. We want to ensure you have all the knowledge necessary to use the Ally Invest trading tools confidently, from depositing and withdrawing funds to executing trades.

We understand that informed decisions with Ally Invest are the key to successful trading, so we've provided this detailed Ally Invest review. So, take a seat, grab a cup of coffee, and dive in to learn about Ally Invest and how it can benefit you or if Ally Invest is not for you.

Online investing with Ally Invest can be just as risky as traditional offline investments. Therefore, conducting thorough research on the company you plan to invest with is crucial. If considering trading financial assets with Ally Invest, evaluating the Ally Invest platform is important. Evaluation includes researching the Ally Invest management team, track record, and services.

As a trader, you should feel confident that your financial investments are in good hands with Ally Invest. That's why it's essential to understand the Ally Invest company policies and practices before making any investment decisions. By doing your due diligence and understanding Ally Invest platform, you can make informed investment choices that align with your financial goals. So take the time to research Ally Invest thoroughly and make the most of your online investing experience.

We aim to provide you with all the information in this Ally Invest review you need to determine if Ally Invest is the right fit for you. But we don't stop there - we also offer valuable insights into other great alternatives to Ally Invest, so you can make a more informed decision and compare other brokers against Ally Invest.

If you want to look at some Ally Invest alternatives that might better fit your needs, we list and compare some of the best Ally Invest alternatives further down this Ally Invest review.

Don't be fooled by the misconception that online trading is easy with Ally Invest. It can be challenging and requires significant research and understanding of the Ally Invest trading tools and features. You must know what you are doing when trading with Ally Invest. That's why we've compiled this detailed Ally Invest review with some important information that will hopefully make you more informed when online trading with Ally Invest.

Ally Invest Review Table of Contents

Ally Invest review
Ally Invest is a Multi-Assets Trading Platform with over 32+ Assets

Learn more about Ally Invest. Ally Invest is a multi asset platform with 32+ tradable Assets. Assets available on Ally Invest include Forex trading, CFD trading, Spread Betting, Share Dealing.

Ally Invest trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex trading, CFD trading, Spread Betting, Share Dealing are considered financial assets.

Features of Ally Invest

Ally Invest review
What you should know

Ally Invest offer four ways to trade: Forex trading, CFD trading, Spread Betting, Share Dealing. The assets and products available to you on the Ally Invest trading platform depends on the region of the world, you are in and the Ally Invest entity you have an account.

With Ally Invest you will need a minimum deposit of $500. You can sign up for a demo account to acquaint yourself with Ally Invest platform.

Ally Invest are able to accommodate various levels of traders whether you are experienced or a beginner.

Are Ally Invest safe?

When considering Ally Invest for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as Ally Invest, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.

Established in 2013, and in operation for 10 years Ally Invest have a head office in United States.

Ally Invest is regulated. This means Ally Invest are supervised by and is checked for conduct by the Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.

Ally Invest withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like Ally Invest are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. Ally Invest are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of Ally Invest and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. Ally Invest has a reputation for efficient and reliable fund transfers, and they take great care to ensure that your money is safe and secure. When you submit a withdrawal request, Ally Invest will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like Ally Invest, you can enjoy peace of mind and focus on your trading activities without worrying about the safety of your funds. If Ally Invest violate any regulatory rules their regulated status could be stripped.

Your capital is at risk

Is my money safe with Ally Invest?

All payments made to Ally Invest by traders are securely held in a segregated bank account.

Ally Invest uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.

What are Tier 1 banks and why should Ally Invest use them?

Ally Invest partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their Ally Invest clients' funds.

Ally Invest clients can have greater confidence in their financial security when working with a Tier 1 bank because Ally Invest are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.

What does it mean to have your funds in Ally Invest deposited in a Tier 1 bank?

Depositing funds with Ally Invest ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if Ally Invest were to go out of business unexpectedly.

Based on the information presented, it is safe to conclude that Ally Invest is a secure and safe platform.

Please be aware that trading in financial assets with Ally Invest carries a risk of loss. Ally Invest trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex trading, CFD trading, Spread Betting, Share Dealing due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.

Ally Invest emphasizes this risk on its platform and provides clear risk warnings - Your capital is at risk. After answering some important questions about Ally Invest, let's closely examine its features.

To better understand the Ally Invest trading platform, you can create two separate accounts - one with real money and the other a Ally Invest demo account. A Ally Invest demo account provides a risk-free environment for experimenting with the Ally Invest platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in Ally Invest trading decisions.

Open a demo account Visit Ally Invest

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

How Ally Invest as a Company Compare Against Other Brokers

Broker allyinvest IC Markets Roboforex eToro
Year Established 2013 2007 2009 2007
Head Office United States Australia Belize Cyprus, UK
Regulation Cyprus Securities and Exchange Commission (CySEC) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund FCA (Financial Conduct Authority) Etoro (Europe) Limited FCA reference 523775, eToro (UK) Ltd FCA reference 583263, ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), MiFID (Markets In Financial Instruments Directive), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076
Used By 10,000+ Ally Invest users 180,000+ IC Markets users 1,000,000+ Roboforex users 30,000,000+ eToro users
Negative balance protection Yes Yes Yes
Guaranteed Stop Loss No No No
Learn More Visit Ally Invest Visit IC Markets Visit Roboforex Visit eToro
Risk Warning Your capital is at risk Losses can exceed deposits Losses can exceed deposits 74% of retail investor accounts lose money when trading CFDs with this provider.

Ally Invest review
Ally Invest Pros and Cons

What we like about Ally Invest

  • Used by over 10,000 Ally Invest users and traders
  • Established in 2013
  • Regulated by Cyprus Securities and Exchange Commission (CySEC)
  • Min. deposit from $500

What we don't like about Ally Invest

Ally Invest review
Ally Invest Regulation and Licensing in more detail

Ally Invest is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of Ally Invest going into insolvency. Ally Invest compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like Ally Invest to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for Ally Invest traders.

Ally Invest is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the brokers' behaviour, and they will take necessary action if things go wrong. Before trading online with a broker like Ally Invest you should be sure they're legitimate online agent.

Is Ally Invest Global?

Yes, Ally Invest is global as Ally Invest is available in over 194 countries.

Ally Invest is a global trading platform in the sense that it operates in 194 countries including nations in Africa, Asia, Oceania, and Europe. Major countries Ally Invest covers include the UK, Germany, South Africa, Thailand, the United States China and Australia. Ally Invest has a total of more than 10,000 users.

Ally Invest review
Ally Invest Fees Explained

  • Ally Invest withdrawal fees varies on payment method
  • Ally Invest does charge a fee for inactive accounts.
  • Ally Invest does charge deposit fees.

Ally Invest Costs To Check

Modern brokers like Ally Invest provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, Ally Invest may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall Ally Invest trading profitability.

How Ally Invest Fees Compare Against Other Brokers

Broker allyinvest IC Markets Roboforex eToro
Min Deposit 500 200 10 50
Withdrawal Fees 250 No Yes Yes
Inactivity Fees No No Yes
Deposit Fees Varies No No
CFD Commission Fees Yes No Yes

Ally Invest Minimum Deposit

Ally Invest requires a minimum deposit of 500 GBP/USD/EUR when opening an Ally Invest trading account.

A minimum deposit is the minimum amount of money required by Ally Invest to open a new online brokerage account with them.

Don't be scared off by brokers like Ally Invest charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.

In the trading world, brokers like Ally Invest, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.

Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.

However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.

Ally Invest Withdrawal Fees

The fees for withdrawing funds from your Ally Invest account will differ depending on your chosen payment method. Reviewing the fees associated with each payment method before making your Ally Invest withdrawal request is important.

Ally Invest Withdrawal rules may vary across different brokers when it comes to transferring funds from your Ally Invest or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with Ally Invest may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.

In addition, currency conversion fees may apply if the Ally Invest withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from Ally Invest. Researching and comparing Ally Invest withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing Ally Invest funds frequently or dealing with large sums of money. Awareness of these Ally Invest fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your Ally Invest funds.

For example, Ally Invest allows you to withdraw your funds to Debit Card, eCheck, Bank Wire transfer, Check Deposit.

Ally Invest Inactivity Fees

Ally Invest does charge a fee for inactive accounts.

When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by Ally Invest terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.

Make sure you're fully aware of all Ally Invest fees and services. It's recommended that you check the Ally Invest website before signing up. If you decide to close your Ally Invest account, it's important to do so with the Ally Invest broker customer support and obtain confirmation that no remaining Ally Invest fees are due.

Brokers like Ally Invest must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.

Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.

Ally Invest Deposit Fees

Ally Invest do charge deposit fees.

Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.

Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.

Ally Invest Commission Fees

Ally Invest does charge commission on CFD instruments.

Brokerage firms like Ally Invest may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the Ally Invest trading account level held by the trader.

Ally Invest may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing Ally Invest terms and conditions to understand the commission fees and any other charges that may apply is essential.

Ally Invest review
What can you trade with Ally Invest?

It's essential to note that the trading instruments offered under the Ally Invest brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the Ally Invest trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.

You can trade a wide variety of instruments with Ally Invest over 32 instruments in fact.

If you want to trade currency pairs on global Forex markets, Ally Invest offer over currency pairs.

Ally Invest Compared To Other Brokers

Compare Ally Invest with IC Markets and Roboforex below.

Your capital is at risk

How Ally Invest Trading Options Compare Against Other Brokers

Broker allyinvest IC Markets Roboforex eToro
Instruments Available 32 2250 100 5000
Platforms Desktop,Android,iPhone,Mac MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android MT4, MT5, Mac, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 61 35 50
Major Forex pairs yes Yes Yes Yes
Minor Forex pairs yes Yes Yes Yes
Exotic Forex pairs Yes Yes Yes Yes
Cryptocurrencies (availability subject to regulation) NO Yes No Yes
Commodity CFDs        
Commodities Offered 0 20 21 31
Metals Yes Yes Yes Yes
Energies Yes Yes No Yes
Agricultural Yes Yes No Yes
Indiced & Stock CFDs        
Stocks Offered 2100 0 2042
UK Shares Yes Yes Yes Yes
US Shares NO Yes Yes Yes
German Shares No Yes Yes Yes
Japanese Shares NO Yes Yes Yes
Risk Warning Visit Ally Invest
Your capital is at risk
Visit IC Markets
Losses can exceed deposits
Visit Roboforex
Losses can exceed deposits
Visit eToro
74% of retail investor accounts lose money when trading CFDs with this provider.

Ally Invest review
Trading on Ally Invest web platforms and other applications

Ally Invest provides traders with a user-friendly custom platform that can be accessed through a browser-based web application. If you would rather see a MT4 brokers, or MT5 brokers you can do so here.

A Ally Invest iOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device.

Ally Invest also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.

See Ally Invest's platforms

Is the Ally Invest Trading Platform Secure?

You should take the security of your personal information seriously and check SSL encryption is enabled on the Ally Invest trading platform to protect you on PC and mobile Ally Invest platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using Ally Invest web trading platforms.

Ally Invest Trading Platform Options

Ally Invest does not offer the MetaTrader 4 (MT4), MetaTrader 5 (MT5) or cTrader trading platforms.

Ally Invest offers its custom trading platform developed and tested in-house. The Ally Invest trading platform allows traders to track their portfolios and the current markets, locate trade ideas and place trades.

The Ally Invest platform allows traders to filter the financial marketplace for trade opportunities that match criteria.

With Ally Invest, you can examine opportunities with actionable research and stock evaluations. Get streaming real-time information on the Ally Invest platform, including news and quotes. Discover possible trades with the strong charting tools found with Ally Invest. Ally Invest is available as downloadable applications or online through the cloud. Monitor your orders with Ally Invest and receive breaking news in your positions.

Ally Invest Trading benefits

Ally Invest Trading Accounts Offered

Below we give an overview of the account types that Ally Invest offer. Whatever you are looking to trade, the varying Ally Invest account types will be able to provide you with what you need.

  • Ally Invest Demo account
  • Ally Invest Mini account
  • Ally Invest Managed account
  • Ally Invest Islamic account

Can I try Ally Invest?

Ally Invest provides a demo account that enables individuals to explore trading before investing their funds. By creating a Ally Invest practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the Ally Invest demo account can help individuals to make informed decisions before investing their money.

Open a demo Ally Invest account to practice and trade.

Your capital is at risk

Ally Invest withdrawal and funding methods

It's essential to remember that the payment methods provided by Ally Invest vary based on the Ally Invest entity and the Ally Invest client's country of residence. To view the Ally Invest payment options available, you can log into your Ally Invest member's area.

Ally Invest offers various funding payment methods listed in your Ally Invest dashboard if available in your region. To learn more about the Ally Invest funding and withdrawal options available in your area, you can explore the Ally Invest website.

Ally Invest provides several payment methods for funding your Ally Invest account. You may utilize any of these deposit options if they are available in your region. Ally Invest ensures that users have multiple payment methods to choose from, making it more convenient for verified Ally Invest account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the Ally Invest user's location. learn more about Ally Invest funding and withdrawal methods.

Ally Invest Payment Methods

Some Ally Invest payment methods are local and are available only to specific regions. Ally Invest account holders should check which payment methods are provided in your region.
  • Ally Invest accepts Debit Card
  • Ally Invest accepts eCheck
  • Ally Invest accepts Bank Wire transfer
  • Ally Invest accepts Check Deposit
Broker allyinvest IC Markets Roboforex eToro
Bank transfer Yes Yes Yes Yes
Credit Cards No Yes Yes Yes
Paypal No Yes No Yes
Skrill No Yes Yes Yes
Payoneer No No Yes No
Neteller No Yes Yes Yes

*please note available Ally Invest and other broker payment methods depend on the clients country of residence.

How can I start trading with Ally Invest?

To open a trading account with Ally Invest, individuals can sign up on the Ally Invest website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.

The next step involves submitting identification documents for Ally Invest account validation and making a deposit. Once completed, Ally Invest users can download the trading platform of their choice.

It's important to note that Ally Invest requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps Ally Invest maintain a trustworthy financial environment for its 10,000 users. Detailed information on the Ally Invest trading platforms is available on their website.

Your capital is at risk

Performing trades with Ally Invest

When using Ally Invest, the minimum trade size is typically $4.95 units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. Ally Invest have a max trade of varies.

Ally Invest, as a market maker, may have more lenient entry requirements than ECN brokers, who typically benefit from higher trading volumes and may have larger capital and minimum trade requirements. Market makers usually offer a lower minimum deposit and smaller minimum trade requirements and do not charge commissions on trades. Market makers like Ally Invest can be useful for traders starting or with limited capital.

Like other brokers, Ally Invest margin requirements can differ depending on the traded instrument.

CFD Trading on Ally Invest

We will show you an example of the basics of using Ally Invest leverage.

CFD trading on Ally Invest allows traders to speculate on the price movements of various financial instruments against the broker Ally Invest, without actually owning real assets. With CFDs, Ally Invest traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset.

Ally Invest provides CFDs which are leveraged products. For this example, let's assume a ten times leverage. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account. With high-risk leverage, a small sum controls a much bigger financial position.

The effect of leverage on profits and losses magnifies them in both directions. In other words, Ally Invest leverage profits and losses are magnified when trading. For instance, using CFDs, you use the Ally Invest trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed.

On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, Ally Invest leverage magnifies both profits and losses in trading.

Trading CFD trades on the Ally Invest platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets.

Experienced Ally Invest traders can trade high risk CFD trades to hedge items in their portfolio.

Always be aware that CFDs are complex instruments with a high risk of losing money rapidly due to leverage. Your capital is at risk

Education Resources at Ally Invest

To trade effectively with Ally Invest, it's important to have a good understanding of the Ally Invest trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with Ally Invest and externally.

Ally Invest . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with Ally Invest. Familiarizing yourself with the Ally Invest trading platform is crucial to use it effectively.

While learning, you can also use global trading times to practice making live buy or sell trades using Ally Invest. This hands-on experience can help you gain confidence and become more comfortable with trading.

Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with Ally Invest involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.

Learning about the financial markets, trading platforms like Ally Invest, and risk management techniques can help you become a more confident and successful trader.

Take an analytical approach to trading with Ally Invest. Explore the Ally Invest platform and train yourself to think systematically and logically about the markets.

While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with Ally Invest, before live trading.

Customer Support at Ally Invest

As part of our Ally Invest review, we review customer service options, response times and problem resolution effectiveness on the Ally Invest trading platform. The Ally Invest trading platform supports multiple languages, which includes English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian.

Ally Invest Available Support Types

Based on our experience, we have given Ally Invest a D grade for customer support. We encountered some slow response times or Ally Invest queries that were left unanswered.

Compared to other brokers, Ally Invest offers fewer customer support features. They do not provide live chat support, and their phone and email support can also be slow.

email support and supports a limited amount of Languages. Live chat support supports a limited amount of Languages. Phone support supports a limited amount of Languages.

Livechat Support at Ally Invest

Our team tested the live chat support of Ally Invest and found it to be satisfactory. While we received a response within 25 minutes on most occasions, there were instances where we did not receive a response at all.

In addition, we tested Ally Invest support services in various countries and languages and found that Ally Invest were able to effectively resolve our customer issues.

Email Support at Ally Invest

We tested the email support of Ally Invest by sending 25 emails simultaneously, and our experience was mixed. While the answer times were generally excellent, with the fastest response being 3 hours, the slowest response was 6 days. We also encountered some instances where we did not receive any Ally Invest response.

The Ally Invest team did resolve and answer our queries, but the email support from Ally Invest was overall average compared to other brokers we have tested.

Phone Support at Ally Invest

We contacted Ally Invest via phone and received quick assistance within 10 minutes of our call.

The Ally Invest phone support team proved to be helpful and able to resolve our queries and issues over the phone. We also tested the multilingual support provided by Ally Invest and found that they could assist us in various languages.

While we found the Ally Invest phone support satisfactory, there is room for improvement in response time.

See how Ally Invest Support Compares Against Other Brokers

Broker allyinvest IC Markets Roboforex eToro
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian English, German, Spanish, French, Italian
Learn More Visit Ally Invest Visit IC Markets Visit Roboforex Visit eToro
Risk Warning Your capital is at risk Losses can exceed deposits Losses can exceed deposits 74% of retail investor accounts lose money when trading CFDs with this provider.

What you will need to open an account with Ally Invest

As Ally Invest is regulated by Cyprus Securities and Exchange Commission (CySEC).

As a new client of Ally Invest, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with Ally Invest in your region. During the Ally Invest account opening process, you will be asked to provide Ally Invest with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.

When registering with Ally Invest have the following documents available.

  • Ally Invest require a scanned colour copy of your passport, driver's license or national ID card.
  • A recent utility bill or bank statement that confirms your residential address for Ally Invest compliance. This must be dated within the last six months.
  • If you plan to fund your Ally Invest account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the Ally Invest platform.

It's worth noting that the expiration date of the proof of address document may differ for different entities under Ally Invest Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring Ally Invest's platform.

However, remember that you won't be able to make trades on Ally Invest until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the Ally Invest KYC compliance process as soon as possible to avoid any delays in accessing the Ally Invest platform's features.

It is important to note that Ally Invest may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the Ally Invest platform and features immediately. However, you must pass the verification process to start live trading with Ally Invest, which can take up to a few business days.

To start the process of opening an account with Ally Invest you can visit the Ally Invest trading platform here.
Your capital is at risk
You should consider whether you can afford to take the high risk of losing your money.

CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from https://www.ally.com/ on September 19, 2023.

Is Ally Invest A Good Broker?

We have spent over 5 years examining Ally Invest in depth. Although we found some very useful aspects of the Ally Invest platform that would be useful to some traders. We feel that a alternative to Ally Invest may better suit you.

  • Ally Invest have a good track record of offering Forex trading, CFD trading, Spread Betting, Share Dealing.
  • Ally Invest has a history of over 10 years.
  • Ally Invest has a reasonable sized customer support of at least 10.
  • Ally Invest are regulated by the Cyprus Securities and Exchange Commission (CySEC). Ally Invest is subject to strict regulatory oversight from its respective jurisdiction, which holds Ally Invest (the broker) accountable for misconduct. This regulatory framework helps ensure that Ally Invest operates fairly and transparently and provides Ally Invest customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and Ally Invest.
  • Ally Invest have regulation from reputable regulators.
  • One of the advantages of using Ally Invest is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from Ally Invest are particularly important as Ally Invest traders want to receive their money quickly. With the efficient Ally Invest payment processing system, traders can enjoy faster access to their Ally Invest funds.
  • Ally Invest have an international presence in multiple countries. Including local Ally Invest seminars and training.
  • Ally Invest can hire people from various locations in the world who can better communicate in your local language.

Ally Invest Risk Disclosure

Your capital is at risk

Trading Risk Disclaimer

Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.

You will be exposed to a high risk of loss regarding leverage and margin-based trading.

Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.

It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.

Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.

Ally Invest not quite right?

If after reading this Ally Invest review, Ally Invest does not fulfill your needs check out these Ally Invest Alternatives.

Click here to view the best Ally Invest Alternatives

We have spent years researching the best alternatives to Ally Invest. Click the links below to learn more.

After extensive research over several years, we have compiled a list of the most effective Ally Invest alternatives available today. If you are unsatisfied with Ally Invest or want to explore other options, we recommend checking out our carefully curated list of highly-rated Ally Invest alternatives. Follow the links below to learn more about these Ally Invest broker alternatives and choose the one that best suits your trading needs.

Related Ally Invest Vs Comparisons

Throughout our comprehensive Ally Invest review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.

If you're interested in comparing Ally Invest against other popular brokers in the industry, check out our Ally Invest Vs pages. Our team has compiled a series of detailed Ally Invest comparison articles, pitting the Ally Invest platform against some of the best-rated Ally Invest competitors in the market. Dive into our informative Ally Invest Vs pages below to find out how Ally Invest stacks up against other leading brokers.

Ally Invest review
ALLY INVEST Frequently Asked Questions

Read our detailed Ally Invest FAQ Section updated for 2023.

Can I try Ally Invest?

Ally Invest offer a demo account so you can try the Ally Invest platform with virtual trading before you put down a payment. Virtual trading with Ally Invest is zero risk. Learn more here

What funding methods do Ally Invest accept?

Please note that the list of payment methods below depends on the Ally Invest Entity and the client's Country of Residence.

Ally Invest offer the following funding payment methods Debit Card, eCheck, Bank Wire transfer, Check Deposit, among other payment methods.
Learn more here

Your capital is at risk

Is Ally Invest safe?

Ally Invest have over 10,000 users. Ally Invest are considered reliable as they are regulated by and checked for conduct by the Cyprus Securities and Exchange Commission (CySEC). Any payments funded to Ally Invest accounts by traders are held in a segregated bank account. For added security,Ally Invest use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with Ally Invest is risky, and because the market is so volatile, losses could happen at any time.

Your capital is at risk

Is Ally Invest trading good?

Ally Invest is considered good and reputable to trade with Ally Invest. Ally Invest is used by over 10,000 traders and Ally Invest users. Ally Invest offers Forex trading, CFD trading, Spread Betting trading, and Share Dealing trading. Minimum deposit with Ally Invest is 500.

Is Ally Invest trading Legit?

Ally Invest was founded in United States in 2013. Ally Invest has been facilitating trade on the financial markets for over 10 years. Ally Invest offers clients Forex trading, CFD trading, Spread Betting trading, and Share Dealing trading. All funds deposited to Ally Invest are held in segregated bank accounts for security. Ally Invest is regulated by Cyprus Securities and Exchange Commission (CySEC) so can be considered legit.

Is Ally Invest a good broker?

Ally Invest allows Forex trading, CFD trading, Spread Betting trading, and Share Dealing trading. Ally Invest is overseen by the top tier financial regulators Cyprus Securities and Exchange Commission (CySEC) so can be considered a good broker.

Is Ally Invest trustworthy broker?

Ally Invest is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to Ally Invest, money is in a segregated bank account that is separate from Ally Invest company's funds. As a regulated broker, Ally Invest cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by Ally Invest. Instead, your Ally Invest funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with Ally Invest. Also Ally Invest is regulated in its local jurisdictions including major financial regulators like Cyprus Securities and Exchange Commission (CySEC).

What is the minimum deposit for Ally Invest?

The minimum deposit to trade with Ally Invest is 500.

How long do Ally Invest withdrawals take?

Withdrawing money from Ally Invest processing time varies depending on the method but averages 1-5 days.

Is Ally Invest regulated?

Ally Invest is regulated by the Cyprus Securities and Exchange Commission (CySEC). Regulatory bodies conduct regular reviews and audits as part of Ally Invest maintaining their regulatory status. You can learn more about these reviews on the regulator websites.

Is Ally Invest a market maker?

Ally Invest is not a market maker. A market maker speeds up trading as a market maker will purchase or sell your stocks and commodities even if a buyer or seller is not lined up.

How can I start trading with Ally Invest?

When opening a trading account with Ally Invest, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on Ally Invest trading platforms, you can follow the link provided below: Learn more about signing up with the Ally Invest trading platform here. This will provide useful information and insights into the various trading platforms offered by Ally Invest, enabling you to make an informed decision about which platform to choose for your trading needs.

Is my money safe with Ally Invest?

Yes your money is safe with Ally Invest.

Overall, strict financial regulation is essential for ensuring that trading platforms like Ally Invest operate fairly, transparently, and responsibly, which ultimately benefits all Ally Invest stakeholders involved.

Trading platforms like Ally Invest must have strict financial regulation for several reasons:

  • Protecting Ally Invest Investors: Strict financial regulation ensures that investors who use the Ally Invest trading platform are protected against fraudulent or unethical behavior by the Ally Invest platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the Ally Invest platform.
  • Maintaining Ally Invest Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the Ally Invest trading platform. Regulatory procedures reduce the likelihood of the Ally Invest platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
  • Enhancing Ally Invest Transparency: Regulations require trading platforms like Ally Invest to maintain detailed records and disclose Ally Invest client information. Financial regulatory requirements enhances transparency and helps to build trust between the Ally Invest platform and its investors.

Ally Invest is regulated by the Cyprus Securities and Exchange Commission (CySEC). When selecting a broker such as Ally Invest, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, Ally Invest ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like Ally Invest.

Is Ally Invest a con?

Ally Invest is regulated and well established, having been in business for over 10 years. Ally Invest is not a con.

Can you make money with Ally Invest?

Although traders have had great success with Ally Invest, trading on the financial markets with Ally Invest is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.

Does Ally Invest have fees?

Ally Invest withdrawal fees vary on payment method.Ally Invest does charge a fee for inactive accounts. Ally Invest do charge deposit fees.

When was Ally Invest founded?

Ally Invest was founded in 2013.

How many people use Ally Invest?

Ally Invest is used by over 10,000 registered Ally Invest users.

What is Ally Invest Headquarters country?

Ally Invest has its head quarters office in United States .

Does Ally Invest offer negative balance protection?

Ally Invest does not offer negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.

Does Ally Invest offer guaranteed stop loss?

Ally Invest does not offer guaranteed stop loss. With guaranteed stop loss protection, risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does Ally Invest allow scalping?

Ally Invest does not offer scalping.

Does Ally Invest allow hedging?

Ally Invest does not offer hedging.

Does Ally Invest offer CFD trading?

Ally Invest offers CFD trading.

Does Ally Invest offer STP?

Ally Invest does not offer STP trading.

How many people use Ally Invest?

Ally Invest is used by over 10000 Ally Invest users and traders.

Is Ally Invest an ECN broker?

Ally Invest does not offer ECN trading.

Does Ally Invest offer a demo account?

Ally Invest offers a demo account.

Does Ally Invest offer an Islamic account?

Ally Invest offers an Islamic account.

What are the funding methods for Ally Invest?

Please note that funding methods and options available with Ally Invest can be found in the Ally Invest Members area and depend on the Ally Invest clientโ€™s country of residence. Please check your specific available payment methods on the Ally Invest website. Ally Invest accept the following funding methods : Debit Card, eCheck, Bank Wire transfer, Check Deposit.

Ally Invest review written by Andrew Blumer and Mark Hansen

We hope you found our review of the Ally Invest brokerage firm useful.

This article was written by our financial editors, Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years of experience in financial analysis, forecasting, and financial modelling, identifying new market opportunities in Stocks, CFDs, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

Ally Invest review written by Mark Hansen of Comparebrokers.co