Ally Invest vs AAAFx
Ally Invest Review 2023 | AAAFx Review 2023 |
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3.2
Ally Invest is #36 in our broker rankings. |
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3.9
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Ally Invest was founded in 2005 and serves 11 million customers through its suite of investing and financial services products. The brokerage is regulated by the US SEC with FINRA and SIPC membership. The company has a substantial $197 billion in assets under management (AUM). |
AAAFx is a Greek broker that offers trading opportunities in forex as well as a decent selection of other assets including stocks, indices and cryptocurrencies. The spreads are very tight, starting from zero, commissions are low, and there are various account options to suit traders of differing experience and funding levels. Four leading platforms are also supported – MetaTrader 4, MetaTrader 5, ZuluTrade and ActTrader. |
Bonus Offer | |
100% Deposit Bonus available for Global clients | |
Promotions | |
Double Your Trading Capital With The AAAFX 100% Deposit Bonus |
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Comment by Reviewer | |
"Ally Invest is an all-in-one financial solution suitable for traders of all experience levels with self-directed and managed trading accounts alongside online banking, financial advice, credit cards and loans." | "AAAFx is a good broker for forex traders who want ECN trading with the flexibility to dip into other popular asset classes." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
Stocks, Options, Forex, ETFs | Forex, CFDs, Indices, Cryptocurrencies, Commodities |
Demo Account | |
No | Yes |
Minimum Deposit | |
$0 | $100 |
Trading Platforms | |
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Payment Methods | |
Bank wire - FNB (First National Bank, KoraPay through Praxis, Help2Pay, PayRetailers. Bank cards - debit/credit cards. E-Wallets- FairPay, VirtualPay, Skrill, Neteller. Cryptocurrency - match2pay (ETH, BTC and USDT), Capital Wallet | |
Minimum Trade | |
0.01 Lots | |
Regulator | |
SEC, FINRA | HCMC (Greece), FSCA (South Africa) |
Margin Trading | |
Yes | Yes |
Margin Rate | |
3.25% | |
STP Account | |
No | No |
ECN Account | |
No | Yes |
DMA Account | |
No | No |
MAM Account | |
No | No |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
No | No |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
No | No |
Mobile Apps | |
iOS & Android | Yes |
Auto Trading | |
Yes | |
Copy Trading | |
No | Yes |
Copy Trading Platform | |
AAAFX offers an automated copy trading service with competitive fees and a beginner-friendly interface. ZuluTrade is the biggest social trading community with thousands of active users. | |
Social Trading | |
No | Yes |
Trade Signals | |
Yes | |
VPS Hosting | |
No | Yes |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
Yes | No |
Guaranteed Stop Loss | |
No | No |
Islamic Account | |
No | Yes |
Account Currencies | |
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Commodities | |
CFD Trading | |
CFD trading not offered | AAAFx traders can access CFDs on forex, stocks, indices and cryptocurrencies through the broker's diverse range of platforms. Leverage is available up to 1:30 from the broker's EEA-regulated branch or up to 1:500 from the offshore entity, which is higher than most alternatives. |
Leverage | |
1:30 (EU), 1:500 (Global) | |
FTSE Spread | |
1 | |
GBPUSD Spread | |
Starting from 0.1 | |
Oil Spread | |
3.5 | |
Stocks Spread | |
Variable | |
Forex Trading | |
Ally Invest offers 50+ currency pairs with access to MetaTrader 4 and the Ally Invest Forex Advanced Desktop platforms. Spreads compare well to alternatives with a good range of majors, minors and exotics. | AAAFx traders have access to 70 forex pairs, including majors, minors and exotics, through an ECN model with fast execution, low commissions and tight spreads. The selection of currencies is wider than most competitors. |
GBPUSD Spread | |
1 | Starting from 0.1 |
EURUSD Spread | |
1 | Starting from 0.0 |
EURGBP Spread | |
1 | Starting from 0.0 |
Assets | |
80 | 70+ |
Cryptocurrency | |
Crypto trading not offered | Five cryptocurrency CFDs are available from AAAFx, all traded in pairs with USD, including Bitcoin and Ethereum. Crypto traders can choose from three accounts with a low starting deposit. |
Spread | |
From 0.0 pips | |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
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More Comparisons | |
Ally Invest vs |
AAAFx vs |