Comparison Ally Invest vs Trading 212
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares Ally Invest vs Trading 212. Is Ally Invest or Trading 212 a better online broker?
First of all, we’ll compare the commission fees of the two brokers. Ally Invest has a commission fee of $4.95, and Trading 212 has a commission fee of 0. Now, let’s compare commission fees in Forex, the commission fee of Ally Invest is 0, and the commission fee of Trading 212 is 0.8 average spread for EUR/USD. 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 Trading 212 provides customers with Stocks Trading, ETFs Trading, Forex Trading. Concerning the platforms, Ally Invest uses Web Platform, Android App, iOS App, while Trading 212 uses 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 Trading 212 was founded in 2004 in Bulgaria, and it is regulated by FCA, FSC. Withdrawal of funds from Ally Invest can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of $0. And Trading 212 provides the ability to withdraw funds using Bank Wire, Visa/Mastercard with a withdrawal fee of 0. The time for withdrawal in Ally Invest is 3-5 days, and that one in Trading 212 is 0-5 days.
Overall, Ally Invest boasts 3.7 stars versus Trading 212 4.3 stars.