Comparison Ally Invest vs Plus500

The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares Ally Invest vs Plus500. Is Ally Invest or Plus500 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 Plus500 has a commission fee of from 0.45%. When analyzing trading options, the commission fees of Ally Invest is $4.95 + $0.65 per contract, and that one of Plus500 is from 2 pips. Now, let’s compare commission fees in Forex, the commission fee of Ally Invest is 0, and the commission fee of Plus500 is from 0.6 pips. You can read more detailed information on commission fees in the online broker reviews.

Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are Ally Invest provides customers with Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Robo Advisor, and Plus500 provides customers with Stocks Trading, Options Trading, ETFs Trading, Forex Trading, Futures Trading, Crypto Trading. As for platforms, Ally Invest offers Web Platform, Android App, iOS App, while Plus500 offers Web Platform, 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 established in 2005 in United States, and it is regulated by CFTC, NFA. And Plus500 was established in 2008 in Israel, and it is regulated by FCA, CySEC, FSCA, FMA, MAS, ISA, ASIC. We can withdraw funds from Ally Invest with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $0. And Plus500 provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is £0. The time for withdrawal in Ally Invest is 3-5 days, and that one in Plus500 is 1-2 working days.

As a result, the rating of Ally Invest is 3.7 stars versus that of Plus500 of 4 stars.