Comparison Ally Invest vs XTB

A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare Ally Invest vs XTB. Which of them: Ally Invest or XTB 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 XTB has a commission fee of from 0.3 pips. For trading in Forex, the commission fee of Ally Invest is 0, while the commission fee of XTB is from 0.1 pips. You can read more detailed information on commission fees in the online broker reviews.

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 XTB. Concerning the platforms, Ally Invest uses Web Platform, Android App, iOS App, while XTB uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App.

In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. Ally Invest was established in 2005 in United States, and it is regulated by CFTC, NFA. And XTB was established in 2002 in United Kingdom, and it is regulated by FCA, IFSC, KNF, CNMV and CMB. Withdrawal of funds from Ally Invest can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of $0. And XTB provides the ability to withdraw funds using Bank Wire with a withdrawal fee of free. The time for withdrawal in Ally Invest is 3-5 days, and that one in XTB is n/A.

Overall, Ally Invest boasts 3.7 stars versus XTB 4.3 stars.