Ally Invest

Ally Invest Friend Referral Bonus

Ally Invest friend referral bonus program offer code for recommended friend or family member to open new brokerage or IRA account in 2021

Ally Invest Friend Referral Bonus

Ally Invest has temporarily suspended its Friend Referral program. To get rewarded with free stocks valued up to $1850, use a referral program from Webull instead.

Ally Invest New Customer Promotion

Ally Invest Offer Details

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Ally Invest Review

Continue to detailed 2021 Ally Invest Review »

Ally Invest is one of our favorite online brokerage companies -- we rated it as one of the top online brokers in 2021. We have pretty good reasons: the firm offers extremely low, $0 commission on stock or ETFs trades, it provides award-winning customer service, and easy-to-use trading tools. The company keeps constantly improving in every area - new features and updates are rolling out regularly.

Since a majority of retirement account holders invest in mutual funds, the selection of funds and the pricing is imperative for any IRA. Ally Invest charges just $9.95 for no-load transaction-fee mutual funds (this is the lowest rate, beat only by Firstrade). The company offers over 10,000 mutual funds, including load and no-load funds from most leading fund families.

Ally Invest doesn't charge IRA account setup and annual (also known as custodial or maintenance) fees. There are no minimum balance requirements or hidden fees.

Clients can open either a traditional or Roth IRA with Ally Invest, and like many brokerages the account can be actively traded, but margin trading is not allowed. The account is easy to open, and the forms are all available on the website. Users can either make a deposit or transfer an existing IRA, and the company will reimburse the transfer fees up to $150. There is the ability to trade options in the Ally Invest IRA, providing the investor can demonstrate option-trading experience. Ally Invest canceled its inactivity fee and now all of its brokerage accounts come with no fees.

For the active investor, Ally Invest is a good choice for an IRA account given the low pricing, the comprehensive trading tools, research and education available. Naturally, they offer all of this to encourage trading in the account, which is how they generate the most revenue.

After signing in Ally Invest customers get access to professional-caliber trading tools for stocks, options, ETFs, mutual funds and fixed income securities. Some of the tools include Probability Calculator, Profit and Loss Calculator, Stock and Option Screeners, Technical Analysis Tools and more. A new alerts center enables clients to set up alerts that are delivered via both email and text message.

The company's trading platform called Ally Invest LIVE, combines news, streaming charts, options chains, account data, and a flexible trade ticket. It offers the ability for traders to customize features on the main dashboard, an enhanced Options Workbench with strategy recognition, and real-time, intraday updates that display cost basis on all stock positions.

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After Ally Invest finishes integrating tools of its latest acquisition (MB Trading), its clients will gain access to MB Trading’s professional-grade trading platform, empowering them to trade stocks, options, bonds, Forex and futures. The platform is fully customizable with enhanced market data, real-time P&L, Level II quotes, and most possible order types with a robust, automated alert-and-trigger order system (based on over 100 parameters). For the first time Ally Invest customers will get access to advanced charting with more than 100 indicators and studies, a complete scripting language to create custom executable trading scripts, and a comprehensive scanner to find tradeable patterns.

The firm also created highly rated by users mobile trading applications for iPhone, Android, and other smartphones, featuring streaming quotes and watchlists, the ability to trade stocks and options, set up charts, option chains and alerts.

Ally Invest is now one of the top rated brokerage companies in the United States. We strongly recommend them for both taxable as well as retirement accounts (Traditional, ROTH, SEP, Simple, or Rollover IRA).

Ally Invest Refer a Friend Program Disclaimer

Ally Invest referral bonus terms can change at any time without notice. For the most recent information on Ally Invest refer a friend program offer visit their website.