Compare Ally Invest vs Vantage FX


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

Ally Invest vs Vantage FX
overall rating
4.7
4.3
overall pros
  • Low trading and non-trading fees
  • Easy and fully digital account opening
  • Great education
  • Low fees
  • Super fast account opening
  • Seamless deposit and withdrawal
overall cons
  • You can trade only on US markets
  • Forex trading is available through a separate account
  • Lack of proper 2-step authentication
  • Limited product selection
  • Customer service could be improved
  • No investor protection
fees
4.5
  • Low trading fees
  • Low non-trading fees
  • Zero commission on most stocks and ETFs
  • Margin rates could be lower
4.1
  • Low forex fees
  • Low stock index CFD fees
  • No withdrawal fee
  • No inactivity fee
  • High financing rate
  • High stock CFD fees
account opening
4.4
  • Fully digital
  • Low minimum deposit
  • Slow account verification
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
deposit and withdrawal
2.6
  • No deposit fee
  • User-friendly
  • Free ACH withdrawal
  • Credit/Debit card not available
  • High outgoing wire transfer fee
4.5
  • Credit/Debit card available
  • No deposit fee
  • Quick deposit and withdrawal
  • International bank withdrawals (after the first one in each month) have a high fee
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
2.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
  • Poor design
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
3.8
  • User-friendly
  • Two-step (safer) login
  • Good search function
  • No price alerts
  • No Touch/Face ID login
  • No order confirmation
desktop trading platform
3.4
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
markets and products
2.9
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
1.6
  • Forex
  • CFD
  • Crypto
research
3.8
  • Good interactive chart
  • Trading ideas
  • Good option strategy analyzer
  • Screener only for ETFs
4.3
  • Trading ideas
  • Data on asset fundamentals
  • User-friendly
  • Limited interactive charting
  • Most tools are available only with $1,000 minimum account balance
customer service
3.5
  • Phone support
  • Live chat
  • 24/7 availability
  • Average speed of customer support
2.8
  • Live chat available
  • Relevant answers on the phone
  • No 24/7 support
  • Mediocre email support
education
4.3
  • Trading platform tutorial
  • Educational videos
  • No demo account
4.0
  • Demo account
  • Trading platform tutorial
  • Educational 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
  • Negative balance protection
  • No investor protection
  • Does not hold a banking license
  • Not listed on stock exchange
recommended for Investors and traders looking for low fees and focusing on the US market Forex and CFD traders familiar with the MetaTrader trading platforms
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