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What is Ally Invest
Ally Invest is an online discount brokerage firm. Investors can buy and sell such securities as stocks, exchange-traded funds, mutual funds, bonds, options, futures contracts, and currency trading on the foreign exchange market via its electronic trading platform. It also provides margin lending and managed portfolios.
Ally Invest is a trade name used by Ally Invest Group Inc. and its brokerage and advisory subsidiaries.
Securities offered through Ally Invest Securities LLC, member FINRA and SIPC. Advisory services offered by Ally Invest Advisors Inc. a Securities and Exchange Commission (SEC) registered investment advisor. Foreign exchange trading (Forex) is offered through Ally Invest Forex LLC, member NFA. Futures offered through Ally Invest Futures LLC, member NFA. Ally Invest Securities LLC, Ally Invest Advisors Inc., Ally Invest Forex LLC and Ally Invest Futures LLC are separate but affiliated companies and each a subsidiary of Ally Invest Group Inc. Ally Invest Group Inc. is a wholly owned subsidiary of Ally Financial Inc.
Online trading has inherent risk due to system response and access times that may vary due to market conditions, system performance, and other factors. An investor should understand these and additional risks before trading. Futures and Forex accounts are not protected by the Securities Investor Protection Corp. (SIPC) or Federal Deposit Insurance Corp. (FDIC).
Content, research, tools, and stock or option symbols are for educational and illustrative purposes only and do not imply a recommendation or solicitation to buy or sell a particular security or to engage in any particular investment strategy. The projections or other information regarding the likelihood of various investment outcomes are hypothetical in nature, are not guaranteed for accuracy or completeness, do not reflect actual investment results, do not take in to consideration commissions, margin interest and other costs, and are not guarantees of future results.
All investments involve risk, losses may exceed the principal invested, and the past performance of a security, commodity futures, industry, sector, market, or financial product does not guarantee future results or returns. Ally Invest provides self-directed investors with discount brokerage services. These discount brokerage services do not provide investment recommendations or offer investment, financial, legal or tax advice. You alone are responsible for evaluating the merits and risks associated with the use of Ally Invest’s systems, services or products. If you have additional questions regarding your taxes, please visit IRS.gov or consult a tax professional. Ally Invest does not provide any tax advice.
Trading in futures, options and forex is speculative in nature and not suitable for all investors. Investors should only use risk capital when trading futures, options and forex because there is always the risk of substantial loss.
Ally Invest Review Conclusion
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