Ally Invest vs AMP Global compared

Ally Invest
AMP Global
72% of retail CFD accounts lose money

Ally Invest

Key score differences
We took 8 criteria of our comparison (fee, account opening, customer service, markets&product, research, trading platform, deposit&withdrawal) and listed the angles with the greatest difference here below.
  • Research score4.8/5.0
  • Deposit and withdrawal score2.1/5.0
  • Fees score4.5/5.0
Good to know
Recommended for
  • beginners 3.80/5
  • equity 4.31/5
You can open an account at Ally Invest

AMP Global

Key score differences
We took 8 criteria of our comparison (fee, account opening, customer service, markets&product, research, trading platform, deposit&withdrawal) and listed the angles with the greatest difference here below.
  • Research score3.0/5.0
  • Deposit and withdrawal score3.9/5.0
  • Fees score3.4/5.0
Good to know
Recommended for
  • investors and traders globally
You can't open an account at AMP Global
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Basic data of broker

Overall Score
4.7

Recommended for Investors and traders looking for low fees and focusing on the US market

Overall Score
3.9

Recommended for Active traders focusing on futures and CFDs

Country of origin

USA

Country of origin

Europe

Fees

Fees score
4.5
Fees score
3.4
Fees summary

Low trading and non-trading fees, high margin rates

Fees summary

Low futures and CFD fees, along with average forex fees

Stock and ETF fees

Forex fees

Fund fees

Bond fees

Options fees

Futures fees

Crypto fees

CFD fees

Non-trading fees

Deposit and withdrawal

Deposit and withdrawal score
2.1
Deposit and withdrawal score
3.9
Number of base currencies

1

Number of base currencies

5

Deposit type

Withdrawal type

Account opening

Account opening score
4.2
Account opening score
5.0
Account opening fully online
Account opening fully online
Minimum deposit
*

$0

*
Minimum deposit
*

$100

*
Time to open account

1-3 days

Time to open account

1 day

Required documents

Proof of identity: SSN / passport / national ID card / driver's license

Required documents

Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill / driver's license / credit card statement

Trading platform

Web platform score
3.5
Web platform score
3.2
Mobile platform score
3.3
Mobile platform score
3.9
Desktop platform score
-
Desktop platform score
3.4

Markets and products

Markets and products score
2.6
Markets and products score
1.7
Stocks
Stocks
Fractional shares
Fractional shares
ETFs
ETFs
Forex
Forex
Funds
Funds
Bonds
Bonds
Options
Options
Futures
Futures
Crypto
Crypto
*
*
CFDs
CFDs
CFD disclaimer

Disclaimer: 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Research, education

Research score
4.8
Research score
3.0
Charting quality

Great

Charting quality

Mid-range

Education score
3.5
Education score
5.0
Demo account
Demo account

Customer service

Customer service score
3.9
Customer service score
5.0
Phone
Phone
Live chat
Live chat
Email
Email
24/7 availability
24/7 availability

Security

Investor protection amount

$500,000 (securities up to $500,000, cash up to $250,000). Additional insurance through Lloyd's of London for $37.5 million, including cash of up to $900,000.

Investor protection amount

€20,000 for EEA residents

Banking background
Banking background
Listed on stock exchange
Listed on stock exchange
Foundation date

1919

Foundation date

2010

Country of regulation

USA

Country of regulation

Cyprus

Ally Invest

For detailed information and hands-on experience, read our review of this broker.

AMP Global

For detailed information and hands-on experience, read our review of this broker.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

Ally Invest's service is slightly better than AMP Global's and a comparison of their fees shows that Ally Invest's fees are slightly lower than AMP Global's.

Account opening takes somewhat more effort at Ally Invest compared to AMP Global, deposit and withdrawal processes are more complicated at Ally Invest, while customer service quality is somewhat lower than AMP Global's.

Our experts rated the trading platform of Ally Invest as being of the same quality as the platform of AMP Global, found that clients have access to slightly more markets and products with Ally Invest, while AMP Global provides less useful research and education.

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