Compare Ally Invest vs Fineco Bank


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

Ally Invest vs Fineco Bank
overall rating
4.7
4.7
overall pros
  • Low trading and non-trading fees
  • Easy and fully digital account opening
  • Great education
  • Low trading and non-trading fees
  • Great mobile trading platform
  • Rock-solid background
overall cons
  • You can trade only on US markets
  • Forex trading is available through a separate account
  • Lack of proper 2-step authentication
  • Only bank transfer for deposit
  • Limited educational tools
  • Poor charting tools
fees
4.5
  • Low trading fees
  • Low non-trading fees
  • Zero commission on most stocks and ETFs
  • Margin rates could be lower
3.7
  • Low stock, ETF, bond, and fund fees
  • Low CFD and futures fees
  • Low non-trading fees
  • High forex and options fees
  • High fees for CFD overnight positions
account opening
4.4
  • Fully digital
  • Low minimum deposit
  • Slow account verification
4.4
  • Fully digital
  • No minimum deposit
  • Bit slow account verification
deposit and withdrawal
2.6
  • No deposit fee
  • User-friendly
  • Free ACH withdrawal
  • Credit/Debit card not available
  • High outgoing wire transfer fee
3.3
  • No deposit fee
  • Several account base currencies
  • Free withdrawal in most cases
  • Credit/Debit card is not available for deposit
  • 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
4.3
  • Good search function
  • Good variety of order types
  • Modern design
  • 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
4.7
  • User-friendly
  • Good search function
  • Modern design
desktop trading platform
2.7
  • Good customizability (for charts, workspace)
  • Good search function
  • Not user-friendly
  • No clear fee report available
markets and products
2.9
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
3.8
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
research
3.8
  • Good interactive chart
  • Trading ideas
  • Good option strategy analyzer
  • Screener only for ETFs
4.0
  • Trading ideas
  • Data on asset fundamentals
  • Great screeners
  • Limited interactive charting
customer service
3.5
  • Phone support
  • Live chat
  • 24/7 availability
  • Average speed of customer support
4.0
  • Phone support
  • Live chat
  • Relevant answers
  • No 24/7 support
education
4.0
  • Trading platform tutorial
  • Educational videos
  • No demo account
3.0
  • Educational videos
  • Webinars
  • No demo account
  • 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
  • Listed on stock exchange
recommended for Investors and traders looking for low fees and focusing on the US market Traders and investors looking for low fees and broker with a solid background
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