Basic data of broker
Recommended for Investors and traders looking for low fees and focusing on the US market
Recommended for Forex traders looking for easy account opening, funding and withdrawal
USA
UK
Fees
Low trading and non-trading fees, high margin rates
Average trading and non-trading fees, low CFD 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
1
4
Deposit type
Withdrawal type
Account opening
$0
$50
1-3 days
1-3 days
Proof of identity: SSN / passport / national ID card / driver's license
Proof of identity: ID / passport / driver's license Proof of residency: bank statement / utility bill
Trading platform
Markets and products
Disclaimer: 75% 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
Great
Great
Customer service
Security
$500k (securities up to $500k, cash up to $250k)
£85k to UK, €20k to EU clients, and $0 to other clients
$500k (securities up to $500k, cash up to $250k)
£85k to UK, €20k to EU clients, and $0 to other clients
1919
1999
USA
UK, Australia, South Africa and Cyprus
For detailed information and hands-on experience, read our review of this broker.
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 on par with FXCM's and a comparison of their fees shows that Ally Invest's fees are similar to FXCM's.
Account opening takes about the same effort at Ally Invest compared to FXCM, deposit and withdrawal processes are more complicated at Ally Invest, while customer service quality is somewhat lower than FXCM's.
Our experts rated the trading platform of Ally Invest as somewhat worse than the platform of FXCM, found that clients have access to slightly more markets and products with Ally Invest, while FXCM provides somewhat lower-quality research and education.