Ally Invest
VT Markets
Basic data of broker
Recommended for Investors and traders looking for low fees and focusing on the US market
Recommended for Forex traders familiar with the MetaTrader trading platforms
USA
Australia
Fees
Low trading and non-trading fees, high margin rates
Low forex fees, but high 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
5
Deposit type
Withdrawal type
Account opening
$0
$200
1-3 days
1 day
Proof of identity: SSN / passport / national ID card / driver's license
Proof of identity: passport, national ID Proof of residency: utility bill, bank statement, residence certificate
Trading platform
Markets and products
Disclaimer: 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Research, education
Great
Mid-range
Customer service
Security
$500,000 (securities up to $500,000, cash up to $250,000). Additional insurance through Lloyd's of London for $37.5 million, including cash of up to $900,000.
No protection
1919
2016
USA
Cayman Islands, Australia
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 slightly better than VT Markets's and a comparison of their fees shows that Ally Invest's fees are slightly lower than VT Markets's.
Account opening takes somewhat more effort at Ally Invest compared to VT Markets, deposit and withdrawal processes are more complicated at Ally Invest, while customer service quality is somewhat lower than VT Markets's.
Our experts rated the trading platform of Ally Invest as being of the same quality as the platform of VT Markets, found that clients have access to slightly more markets and products with Ally Invest, while VT Markets provides just about the same quality of research and education.
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