Ally invest
td ameritrade
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Overview
Ally invest was founded in 2013 and is headquartered in United States, while td ameritrade was established in 2016 and is based in Malta. Ally invest holds licences including Cyprus Securities and Exchange Commission (CySEC), while td ameritrade is regulated by Financial Conduct Authority (FCA) among others. Ally invest serves 10,000+ clients worldwide; td ameritrade has 10,000+. The minimum deposit is $500 at Ally invest and $250 at td ameritrade.
| Feature | Ally invest | td ameritrade |
|---|---|---|
| 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-F319 |
| Founded | 2013 | 2016 |
| Country | United States | Malta |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Ally invest and td ameritrade, directly affecting your bottom line as a trader. td ameritrade 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; td ameritrade does not. Overall, td ameritrade scores higher on fees in our assessment.
| Feature | Ally invest | td ameritrade |
|---|---|---|
| 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 td ameritrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Ally invest supports social and copy trading features, which td ameritrade does not offer. td ameritrade edges ahead on platform breadth and functionality in our scoring.
| Feature | Ally invest | td ameritrade |
|---|---|---|
| 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 td ameritrade compare. Ally invest runs regular live webinars; td ameritrade does not. Ally invest has a video library; td ameritrade does not. Ally invest publishes daily market commentary; td ameritrade does not. Ally invest integrates third-party research tools (Trading Central, Autochartist); td ameritrade does not. Ally invest maintains an archive of past webinars for on-demand viewing. Ally invest scores higher overall in education and research.
| Feature | Ally invest | td ameritrade |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | No |
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 td ameritrade supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). td ameritrade uniquely supports PayPal and Skrill and Neteller among the two brokers. td ameritrade scores higher on deposit and withdrawal flexibility.
| Feature | Ally invest | td ameritrade |
|---|---|---|
| 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 td ameritrade offer live chat support. Both provide phone support. Email support is available at both brokers. Ally invest supports 2 languages and td ameritrade supports 8, giving td ameritrade broader global reach. Both brokers are comparable on support quality.
| Feature | Ally invest | td ameritrade |
|---|---|---|
| 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 |