Ally invest
CM Trading
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Ally invest was founded in 2013 and is headquartered in United States, while CM Trading was established in 2011 and is based in Seychelles. Ally invest holds licences including Cyprus Securities and Exchange Commission (CySEC), while CM Trading is regulated by Financial Sector Conduct Authority (FSCA) among others. Ally invest serves 10,000+ clients worldwide; CM Trading has 10,000+. The minimum deposit is $500 at Ally invest and $250 at CM Trading.
| Feature | Ally invest | CM Trading |
|---|---|---|
| Min. Deposit | $500 | $250 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Financial Sector Conduct Authority (FSCA) |
| Founded | 2013 | 2011 |
| Country | United States | Seychelles |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Ally invest and CM Trading, directly affecting your bottom line as a trader. CM Trading has a lower barrier to entry with a minimum deposit of $250 (vs $500 at Ally invest). Neither broker charges withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. The two brokers are broadly comparable on fee structure.
| Feature | Ally invest | CM Trading |
|---|---|---|
| Min. Deposit | $500 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | No |
| CFD Fees | Yes | Yes |
Platforms
Ally invest offers MT5, cTrader, while CM Trading supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. CM Trading edges ahead on platform breadth and functionality in our scoring.
| Feature | Ally invest | CM Trading |
|---|---|---|
| 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, Mirror Trader, Sirix, Web Trader, 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 CM Trading compare. Ally invest runs regular live webinars; CM Trading does not. Both provide video tutorials. Ally invest publishes daily market commentary; CM Trading 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 | CM Trading |
|---|---|---|
| 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 CM Trading supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Ally invest | CM Trading |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
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 CM Trading offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | Ally invest | CM Trading |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |