Ally Invest offers a wide range of self-directed and managed investment products at among the industry's lowest fees.
InvestAlly offers self-directed trading (Stocks, Bonds, Mutual Funds, ETFs, and options), robo portfolios, as well as wealth management. Ally offers a wide selection of resources to help investors of all experience levels make the most of their investments, including advanced charting tools and numerous calculators.
Stocks and ETFs can be traded commission free. For a breakdown on the Ally Invest fee structure: https://www.ally.com/invest/commissions-and-fees/
Ally Invest is a member of the SIPC, which covers customer claims up to $500,000, including a maximum of $250,000 for cash claims. While SIPC protects your funds in the case that Ally Invest fails, it does not protect against investment losses from the market. Ally Invest also has an additional coverage up to $37.5M, including up to $900,000 in cash with an aggregate cap of $150M. Please note that protection does not cover forex trading.