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Comparison Ally Invest vs HighLow
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare Ally Invest vs HighLow. Which of them: Ally Invest or HighLow a better online broker?
First of all, we’ll compare the commission fees of the two brokers. When analyzing trading options, the commission fees of Ally Invest is $4.95 + $0.65 per contract, and that one of HighLow is none. 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 HighLow provides customers with Options Trading. As for platforms, Ally Invest offers Web Platform, Android App, iOS App, while HighLow 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 HighLow was established in 2014 in Australia, and it is regulated by ASIC. We can withdraw funds from Ally Invest with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $0. And HighLow provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is 2% fee on all withdrawals. The time for withdrawal in Ally Invest is 3-5 days, and that one in HighLow is 1 - 3 business days.
Overall, Ally Invest boasts 3.7 stars versus HighLow 4.6 stars.