Compare Ally Invest vs Barclays


Online brokers compared for fees, trading platforms, safety and more. See how Ally Invest stacks up against Barclays!

Ally Invest vs Barclays
overall rating
4.7
4.3
overall pros
  • Low trading and non-trading fees
  • Easy and fully digital account opening
  • Great education
  • Low fees
  • Solid company background
  • Great fundamental research
overall cons
  • You can trade only on US markets
  • Forex trading is available through a separate account
  • Lack of proper 2-step authentication
  • Limited to UK products
  • Current bank account is needed for mobile platform
  • Slow customer support
fees
4.5
  • Low trading fees
  • Low non-trading fees
  • Zero commission on most stocks and ETFs
  • Margin rates could be lower
4.3
  • Low stock, ETF, fund, and bond fees
  • No withdrawal fee
  • No inactivity fee
  • Volume-based monthly customer fee
account opening
4.4
  • Fully digital
  • Low minimum deposit
  • Slow account verification
3.8
  • Fully digital
  • No minimum deposit
  • Slow
  • Account opening only for UK residents
deposit and withdrawal
2.6
  • No deposit fee
  • User-friendly
  • Free ACH withdrawal
  • Credit/Debit card not available
  • High outgoing wire transfer fee
3.8
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Missing electronic wallets
web trading platform
3.5
  • User-friendly
  • Good search function
  • Good customizability (for charts, workspace)
  • No clear fee report available
  • No two-step (safer) login
3.4
  • User-friendly
  • Clear fee report
  • Good search function
  • No two-step (safer) login
  • Limited customizability (for charts, workspace)
mobile trading platform
3.3
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safer) login
  • No price alerts
  • Mutual funds and bonds are not covered
desktop trading platform
markets and products
2.9
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
1.4
  • Stock
  • ETF
  • Fund
  • Bond
research
3.8
  • Good interactive chart
  • Trading ideas
  • Good option strategy analyzer
  • Screener only for ETFs
4.0
  • Trading ideas
  • Data on asset fundamentals
  • Quality news flow
  • Limited interactive charting
customer service
3.5
  • Phone support
  • Live chat
  • 24/7 availability
  • Average speed of customer support
2.5
  • Phone support
  • Live chat
  • Relevant answers
  • No 24/7 support
  • Slow support
education
4.3
  • Trading platform tutorial
  • Educational videos
  • No demo account
1.5
  • Educational videos
  • Quality educational articles
  • No demo account
  • No trading platform tutorial videos
  • No webinars
  • High level of investor protection
  • Banking background
  • Regulated by top-tier financial authorities in the US
  • No negative balance protection
  • No investor protection for forex
  • High level of investor protection
  • Banking background
  • All clients belong to a top-tier financial authority
recommended for Investors and traders looking for low fees and focusing on the US market Long-term investors looking for a broker with low fees and solid background
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