Ally invest
amarkets
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Overview
Ally invest was founded in 2013 and is headquartered in United States, while amarkets was established in 2016 and is based in United Kingdom. Ally invest holds licences including Cyprus Securities and Exchange Commission (CySEC), while amarkets is regulated by Financial Conduct Authority (FCA) among others. Ally invest serves 10,000+ clients worldwide; amarkets has 1,000,000+. The minimum deposit is $500 at Ally invest and $250 at amarkets.
| Feature | Ally invest | amarkets |
|---|---|---|
| Min. Deposit | $500 | $250 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F223 |
| Founded | 2013 | 2016 |
| Country | United States | United Kingdom |
| Clients | 10,000+ | 1,000,000+ |
Fees
Fees are a critical factor when choosing between Ally invest and amarkets, directly affecting your bottom line as a trader. amarkets has a lower barrier to entry with a minimum deposit of $250 (vs $500 at Ally invest). amarkets charges withdrawal fees while Ally invest does not, giving Ally invest an edge for frequent withdrawers. Ally invest applies inactivity fees on dormant accounts; amarkets does not. amarkets charges deposit fees; Ally invest does not. The two brokers are broadly comparable on fee structure.
| Feature | Ally invest | amarkets |
|---|---|---|
| Min. Deposit | $500 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | No |
Platforms
Ally invest offers MT5, cTrader, while amarkets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Ally invest supports social and copy trading features, which amarkets does not offer. amarkets edges ahead on platform breadth and functionality in our scoring.
| Feature | Ally invest | amarkets |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Desktop,Android,iPhone,Mac | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Ally invest and amarkets compare. Ally invest runs regular live webinars; amarkets does not. Both provide video tutorials. Ally invest publishes daily market commentary; amarkets does not. Both integrate third-party research tools. Ally invest maintains an archive of past webinars for on-demand viewing. Ally invest scores higher overall in education and research.
| Feature | Ally invest | amarkets |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Ally invest accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while amarkets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). amarkets uniquely supports PayPal and Skrill and Neteller among the two brokers. amarkets scores higher on deposit and withdrawal flexibility.
| Feature | Ally invest | amarkets |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Ally invest and amarkets offer live chat support. Both provide phone support. Email support is available at both brokers. Ally invest supports 2 languages and amarkets supports 8, giving amarkets broader global reach. Both brokers are comparable on support quality.
| Feature | Ally invest | amarkets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |