Ally Invest vs Exness

Ally Invest vs Exness Comparison Table 2024
Ally Invest	Exness
Review 3.2	Review 4.2

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).	Exness is a Cyprus-based forex and CFD brokerage established in 2008. With over 260,000 clients, several awards and reputable licensing, the broker has maintained its position as a highly respected global brand. Active day traders can access the popular MT4 and MT5 platforms, raw spreads and multiple account types.
Customer Reviews
	4 Based on 1 Exness customer reviews
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."	"Exness remains an accessible broker for all experience levels, though experienced day traders will particularly appreciate the ultra-low commission rates, fast withdrawals and high-quality charting software."
Pros
Responsive customer support available 24/7 with local and international telephone help, live chat and email Free demo account with $50,000 virtual funds and access to all platforms and tools Competitive fees including commission-free trading on eligible US stocks and ETFs Managed portfolios tailored to financial goals and risk appetite Regulated by the SEC and a member of the SIPC Online educational content and financial advice High-quality proprietary web trading platform You can reinvest dividends through DRIP Leveraged trading up to $1 million Access to MetaTrader 4	The broker is accessible for beginners with low minimum deposits from $10 and flexible payment methods Experienced strategy providers can open social trading accounts, with monthly commissions up to 50% There's a strong range of account types for all experience levels and requirements, including Cent, Pro and Raw spread solutions Top-tier licensing with the FCA and CySEC and a strong reputation with over 10 years in business Exness is the first brokerage to pass the $1 trillion and $2 trillion marks in monthly trading volumes Highly competitive spreads are available from 0.1 pips and low commissions from $3.50 per side There's excellent 24/7 multilingual customer support via telephone, email and live chat Local payments are available, plus deposits in BTC and USDT Unlike many other brands, Exness doesn't charge any account maintenance or inactivity fees The broker offers fast execution speeds for short-term traders, averaging under 25ms
Cons
Some features such as the stock screener are not available on the mobile app Deposits and withdrawals limited to wire transfers or cheques only Forex trading is available on a separate account Only US stocks are available	There are no promotional deals or loyalty schemes for high-volume day traders There are several regional restrictions for retail traders including the USA, Europe and the UK Unlike most competitors, Exness doesn't provide its own education section
Awards
	Most People-Centric Broker at Traders Summit 2022 Global Broker of the Year at Traders Summit 2022 Best Customer Support Award at Financial Markets Expo Cairo 2021 Premium Loyalty Program Award at Financial Markets Expo Cairo 2021 Most Innovative Broker at Dubai Expo 2021
Instruments
Forex, Stocks, ETFs, Options, Bonds	CFDs, Forex, Stocks, Indices, Commodities, Crypto
Demo Account
No	Yes
Minimum Deposit
$0	$10
Trading Platforms
Own	Exness Trade App MT4 MT5 TradingCentral
Payment Methods
Wire Transfer	Bitcoin Payments Boleto Credit Card Mastercard Visa Wire Transfer
Minimum Trade
	0.01 Lots
Regulator
SEC, FINRA	FSA, CySEC, FCA, FSCA, FSC, CBCS
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	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
iOS & Android	iOS & Android
Android App Rating
	4.3
iOS App Rating
	4.4
Auto Trading
	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	No
Social Trading
No	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
Inactivity Fee
	$0
Islamic Account
No	Yes
Account Currencies
USD	USD EUR GBP CAD AUD NZD INR JPY ZAR MYR IDR DKK CHF HKD SGD AED SAR HUF NGN THB VND UAH
Stock Exchanges
	CAC 40 Index France DAX GER 40 Index Euronext FTSE UK Index Hong Kong Stock Exchange Japan Exchange Group London Stock Exchange Nasdaq New York Stock Exchange
Commodities
	Corn Gold Silver
CFD Trading
CFD trading not offered	Exness offers a selection of CFDs covering forex, stocks, indices, commodities and cryptos, with leverage up to 1:200. Accounts are geared mainly towards experienced day traders, with over 100 technical indicators available in the broker’s proprietary terminal.
Leverage
	1:2000
FTSE Spread
	15.1
GBPUSD Spread
	0.1
Oil Spread
	1.0
Stocks Spread
	0.7
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.	An impressive range of around 100 forex pairs are available, more than most other brands. Spreads on major pairs are also tight, from 0.1 pips. Additionally, the broker offers an excellent suite of forex analysis tools, including market news by FXStreet.
GBPUSD Spread
1	0.1
EURUSD Spread
1	0.0
EURGBP Spread
1	0.4
Assets
80	97
Cryptocurrency
Crypto trading not offered	There is a small range of popular crypto tokens paired with fiat currencies available, with zero swap fees and no commissions in the Standard account. Trading is available via desktop or mobile apps, and deposits via crypto are also available in some countries.
Spread
	Floating
Coins
	BTC LTC ETH XRP BCH SOL SNX UNI BAT DOT XTZ ADA BNB ENJ FIL DOGE COMP THETA AAVE LINK IOST CAKE MATIC HT MANA HBAR INCH
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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