Comparison Ally Invest vs DEGIRO
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare Ally Invest vs DEGIRO. Which of them: Ally Invest or DEGIRO 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 DEGIRO has a commission fee of 4. When analyzing trading options, the commission fees of Ally Invest is $4.95 + $0.65 per contract, and that one of DEGIRO is 4. For trading in Forex, the commission fee of Ally Invest is 0, while the commission fee of DEGIRO is 5. The full online broker reviews contains more detailed information on the brokers’ commission fees.
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 DEGIRO provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading. Concerning the platforms, Ally Invest uses Web Platform, Android App, iOS App, while DEGIRO uses Desktop Platform (Windows), Desktop Platform (MacOS), 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 founded in 2005 in United States, and it is regulated by CFTC, NFA. And DEGIRO was founded in 2013 in Netherlands, and it is regulated by AFM, DNB. Withdrawal of funds from Ally Invest can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of $0. And DEGIRO provides the ability to withdraw funds using Bank Wire with a withdrawal fee of 0. The time for withdrawal in Ally Invest is 3-5 days, and that one in DEGIRO is 1-2 business days.
As a result, the rating of Ally Invest is 3.7 stars versus that of DEGIRO of 4.1 stars.