https://thecollegeinvestor.com/16448/allyinvest-review/ Navigating Money And Education Thu, 10 Oct 2024 16:17:33 +0000 hourly 1 https://thecollegeinvestor.com/16448/allyinvest-review/#comment-325191 Thu, 27 Jul 2017 01:13:07 +0000 https://thecollegeinvestor.com/?p=16448#comment-325191 Avoid Ally at all costs. I wired money in to activate an old Tradeking account on a Monday for the purpose of autotrading various strategies offered on the Collective2 website who listed them as a compatible broker. Turns out they are not compatible, and apparently very proud of the fact that they don’t support any third party applications. When I sent in a wire request form to have my money returned, I was told there is a 60 day hold (!!!) and no money would be returned until that time had elapsed. So they are somehow legally allowed to hold customer funds for as long as 60 days for no reason whatsoever … and the rudeness of the person I spoke with about this was just unbelievable. Stay away from this company!!

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