Introduction
Investing your money can be a daunting task, but with Ally Invest promotions, you can make the most of your investment. Ally Invest offers a range of promotions that can help you save money and earn more on your investments. In this article, we will take a look at some of the best Ally Invest promotions and how you can take advantage of them.
What is Ally Invest?
Ally Invest is an online brokerage firm that offers a range of investment products, including stocks, bonds, ETFs, options, and mutual funds. The platform is designed to be user-friendly, with a range of tools and resources to help you make informed investment decisions. Ally Invest is known for its low fees and commissions, making it an attractive option for investors looking to save money on their investments.
Free Trades Promotion
One of the most popular Ally Invest promotions is the free trades promotion. With this promotion, you can get up to $3,000 in commission-free trades for the first 90 days after opening your account. This promotion is available for new customers who open an account with Ally Invest and fund it with at least $10,000. The free trades can be used for stocks, ETFs, and options trades.
How to Take Advantage of the Free Trades Promotion
To take advantage of the free trades promotion, you need to open an account with Ally Invest and fund it with at least $10,000. Once your account is funded, you will automatically receive the free trades. You can use the free trades for up to 90 days after opening your account.
Transfer Fee Rebates
If you are looking to transfer your investments to Ally Invest, you can take advantage of the transfer fee rebate promotion. With this promotion, Ally Invest will reimburse you for up to $150 in transfer fees charged by other brokerage firms. This promotion is available for new customers who transfer their account to Ally Invest and fund it with at least $2,500.
How to Take Advantage of the Transfer Fee Rebate Promotion
To take advantage of the transfer fee rebate promotion, you need to open an account with Ally Invest and transfer your investments to the platform. Once your account is funded with at least $2,500, you can submit a request for reimbursement of up to $150 in transfer fees. The reimbursement will be credited to your account within 30 days.
IRA Promotion
If you are looking to open an IRA account, you can take advantage of the Ally Invest IRA promotion. With this promotion, you can get up to $3,000 in cash bonus when you open an IRA account with Ally Invest and fund it with at least $2,500. The cash bonus is based on the amount of money you fund your account with.
How to Take Advantage of the IRA Promotion
To take advantage of the IRA promotion, you need to open an IRA account with Ally Invest and fund it with at least $2,500. The cash bonus will be credited to your account within 10 days of funding your account. The amount of the cash bonus will depend on the amount of money you fund your account with.
Low Fees and Commissions
Aside from its promotions, Ally Invest is known for its low fees and commissions. The platform charges $0 for stock and ETF trades, and $0.50 per options contract. Ally Invest also offers a range of mutual funds with no transaction fees and no load fees.
How to Take Advantage of Ally Invest’s Low Fees and Commissions
To take advantage of Ally Invest’s low fees and commissions, you need to open an account with the platform. Once you have an account, you can start trading stocks, ETFs, options, and mutual funds with no commission or transaction fees.
Ally Invest Managed Portfolios
If you are looking for a hands-off investment option, you can consider Ally Invest Managed Portfolios. With this service, Ally Invest will manage your investments for you based on your investment goals and risk tolerance. The platform charges a low management fee of 0.30% per year, and there is no minimum investment required.
How to Take Advantage of Ally Invest Managed Portfolios
To take advantage of Ally Invest Managed Portfolios, you need to open an account with the platform and select the Managed Portfolio option. You will need to answer a series of questions about your investment goals and risk tolerance, and Ally Invest will create a customized investment portfolio for you. You can then sit back and let Ally Invest manage your investments for you.
Conclusion
Ally Invest promotions can help you save money and earn more on your investments. Whether you are looking for free trades, low fees, or a managed investment option, Ally Invest has something for everyone. By taking advantage of these promotions, you can make the most of your investment and achieve your financial goals.
