Online brokers compared for fees, trading platforms, safety and more. See how Ally Invest stacks up against flatex!
Last update of data—Feb 2023
Ally Invest is a US stockbroker, regulated by top-tier authorities the SEC and FINRA. The company is listed on the New York Stock Exchange and has a banking background.
Flatex is a German broker regulated by top-tier authorities such as the German BaFin. In addition, flatex is listed on Stuttgart Stock Exchange and has a banking background.
Recommended for investors and traders looking for low fees and focusing on the US market.
Recommended for investors and traders speaking German and focusing on European securities.
Ally Invest
Ally Invest is a US stockbroker, regulated by top-tier authorities the SEC and FINRA. The company is listed on the New York Stock Exchange and has a banking background.
Recommended for investors and traders looking for low fees and focusing on the US market.
flatex
Flatex is a German broker regulated by top-tier authorities such as the German BaFin. In addition, flatex is listed on Stuttgart Stock Exchange and has a banking background.
Recommended for investors and traders speaking German and focusing on European securities.
Ally Invest's service is slightly better than flatex's and a comparison of their fees shows that Ally Invest's fees are lower than flatex's.
Account opening takes less effort at Ally Invest compared to flatex, deposit and withdrawal processes are somewhat more complicated at Ally Invest, while customer service quality is somewhat lower than flatex's.
Our experts rated the trading platform of Ally Invest as being of the same quality as the platform of flatex, found that clients have access to less markets and products with Ally Invest, while flatex provides less useful research and education.
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.
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