Comparison Ally Invest vs AvaTrade

A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare Ally Invest vs AvaTrade. Which of them: Ally Invest or AvaTrade a better online broker?

First of all, we’ll compare the commission fees of the two brokers. The commission fee of Ally Invest on regular transactions of the stock exchange is $4.95, and AvaTrade has a commission fee of average 0.13%. When analyzing trading options, the commission fees of Ally Invest is $4.95 + $0.65 per contract, and that one of AvaTrade is spreads Vary. Now, let’s compare commission fees in Forex, the commission fee of Ally Invest is 0, and the commission fee of AvaTrade is from 1.3 pips. The full online broker reviews contains more detailed information on the brokers’ commission fees.

It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Robo Advisor are provided to customers by Ally Invest and Stocks Trading, Options Trading, ETFs Trading, Bonds Trading, Forex Trading, Crypto Trading, Robo Advisor are provided by AvaTrade. Concerning the platforms, Ally Invest uses Web Platform, Android App, iOS App, while AvaTrade uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App.

Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. Ally Invest was founded in 2005 in United States, and it is regulated by CFTC, NFA. And AvaTrade was founded in 2006 in Ireland, and it is regulated by Central Bank of Ireland. Withdrawal of funds from Ally Invest can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of $0. And AvaTrade provides the ability to withdraw funds using Bank Wire, Visa/Mastercard with a withdrawal fee of free. The withdrawal time for Ally Invest is 3-5 days, and that one for AvaTrade is 1 - 2 business days.

As a result, the rating of Ally Invest is 3.7 stars versus that of AvaTrade of 4.8 stars.