Comparison Ally Invest vs UFX

The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares Ally Invest vs UFX. Is Ally Invest or UFX a better online broker?

Firstly, let’s compare commission fees provided by these brokers for regular transactions. The commission fee of Ally Invest on regular transactions of the stock exchange is $4.95, and UFX has a commission fee of from 130. Now, let’s compare commission fees in Forex, the commission fee of Ally Invest is 0, and the commission fee of UFX is from 2. 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, ETFs Trading, Forex Trading, Crypto Trading are provided by UFX. Concerning the platforms, Ally Invest uses Web Platform, Android App, iOS App, while UFX 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 established in 2005 in United States, and it is regulated by CFTC, NFA. And UFX was established in 2007 in Republic of Vanuatu, and it is regulated by VFSC. We can withdraw funds from Ally Invest with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $0. And UFX provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is free. The time for withdrawal in Ally Invest is 3-5 days, and that one in UFX is up to 10 business days.

Overall, Ally Invest boasts 3.7 stars versus UFX 3.6 stars.