A low-cost investment platform and the online investment arm of Ally Bank, Ally Invest offers both self-directed trading and managed portfolios options. Formerly known as TradeKing, Ally Invest is a discount online broker that allows its users to invest in stocks and ETFs with minimal or no transaction fees.
A relatively new kid on the block, Ally Invest’s biggest competitors are TD Ameritrade and Merrill Edge. But do they have the right stuff? NKOTB deep cut! Our Ally Invest review will answer that question and more.