Ally invest
Markets.com
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Overview
Ally invest was founded in 2013 and is headquartered in United States, while Markets.com was established in 2008 and is based in Cyprus. Both brokers are regulated by Cyprus Securities and Exchange Commission (CySEC), among other authorities. Ally invest serves 10,000+ clients worldwide; Markets.com has 10,000+. The minimum deposit is $500 at Ally invest and $250 at Markets.com.
| Feature | Ally invest | Markets.com |
|---|---|---|
| Min. Deposit | $500 | $250 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) |
| Founded | 2013 | 2008 |
| Country | United States | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Ally invest and Markets.com, directly affecting your bottom line as a trader. Markets.com has a lower barrier to entry with a minimum deposit of $250 (vs $500 at Ally invest). Neither broker charges withdrawal fees. Ally invest applies inactivity fees on dormant accounts; Markets.com does not. Overall, Markets.com scores higher on fees in our assessment.
| Feature | Ally invest | Markets.com |
|---|---|---|
| Min. Deposit | $500 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
Ally invest offers MT5, cTrader, while Markets.com 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. Markets.com edges ahead on platform breadth and functionality in our scoring.
| Feature | Ally invest | Markets.com |
|---|---|---|
| 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, 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 Markets.com compare. Ally invest runs regular live webinars; Markets.com does not. Both provide video tutorials. Ally invest publishes daily market commentary; Markets.com 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 | Markets.com |
|---|---|---|
| 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 Markets.com supports 3 (bank transfer, credit/debit card, PayPal). Markets.com uniquely supports PayPal among the two brokers. Markets.com scores higher on deposit and withdrawal flexibility.
| Feature | Ally invest | Markets.com |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| 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 Markets.com offer live chat support. Both provide phone support. Email support is available at both brokers. Ally invest supports 2 languages and Markets.com supports 14, giving Markets.com broader global reach. Both brokers are comparable on support quality.
| Feature | Ally invest | Markets.com |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | Arabic, Chinese, Dutch, English, French, German, Italian, Japanese, Norwegian, Polish, Romanian, Russian, Spanish, and Turkish |