Ally invest
Libertex
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Overview
Ally invest was founded in 2013 and is headquartered in United States, while Libertex was established in 2012 and is based in Cyprus. Ally invest holds licences including Cyprus Securities and Exchange Commission (CySEC), while Libertex is regulated by Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 164/12 among others. Ally invest serves 10,000+ clients worldwide; Libertex has 2,200,000+. The minimum deposit is $500 at Ally invest and $117 at Libertex.
| Feature | Ally invest | Libertex |
|---|---|---|
| Min. Deposit | $500 | $117 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 164/12 |
| Founded | 2013 | 2012 |
| Country | United States | Cyprus |
| Clients | 10,000+ | 2,200,000+ |
Fees
Fees are a critical factor when choosing between Ally invest and Libertex, directly affecting your bottom line as a trader. Libertex has a lower barrier to entry with a minimum deposit of $117 (vs $500 at Ally invest). Neither broker charges withdrawal fees. Ally invest applies inactivity fees on dormant accounts; Libertex does not. Overall, Libertex scores higher on fees in our assessment.
| Feature | Ally invest | Libertex |
|---|---|---|
| Min. Deposit | $500 | $117 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
Ally invest offers MT5, cTrader, while Libertex supports MT4, MT5, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. Libertex edges ahead on platform breadth and functionality in our scoring.
| Feature | Ally invest | Libertex |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Desktop,Android,iPhone,Mac | MT4, MT5, Duplitrade, Mobile Apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Ally invest and Libertex compare. Ally invest runs regular live webinars; Libertex does not. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Ally invest maintains an archive of past webinars for on-demand viewing. Ally invest scores higher overall in education and research.
| Feature | Ally invest | Libertex |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| 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 Libertex supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). Libertex uniquely supports PayPal and Skrill and Neteller among the two brokers. Libertex scores higher on deposit and withdrawal flexibility.
| Feature | Ally invest | Libertex |
|---|---|---|
| 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 Libertex offer live chat support. Both provide phone support. Email support is available at both brokers. Ally invest supports 2 languages and Libertex supports 9, giving Libertex broader global reach. Both brokers are comparable on support quality.
| Feature | Ally invest | Libertex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, German, Italian, Dutch, Polish, Spanish, French, Portuguese, Chinese |