Ally Invest vs HotForex

Ally Invest vs HotForex Comparison Table 2021
Ally Invest HotForex
Ally Invest is an online investment platform for US and international clients with securities and derivatives trading. HotForex is a forex and CFD broker that is regulated by the FCA and provides access to over 1,000 securities and derivatives on several international markets.
United States Flag Traders from US accepted
United States Flag Traders from US accepted
Awards
Top 100 Companies - World Finance Magazine
Best Forex Broker Asia - Global Business Review Magazine 2021
Best Customer Service Experience - Global - World Business Outlook
Best Client Fund Security Global - International Business Magazine 2021
Most Transparent Broker - The European - Global Banking & Finance Review Awards
Bonus
None None
Instruments
Stocks, Options, Forex Stocks, CFD, Forex
Demo Account
No Yes
Minimum Deposit
$0 $100
Payment Methods
Wire Transfer M-Pesa, Mastercard, Neteller, Skrill, Trustly, UnionPay, Visa, Wire Transfer
Minimum Trade
0.01 lots
Regulator
SEC, FINRA FCA
Margin Trading
Yes Yes
Margin Rate
3.25%
MetaTrader 4
No Yes
MetaTrader 5
No Yes
cTrader
No No
STP Account
No No
ECN Account
No Yes
DMA Account
No Yes
Mobile Apps
iOS & Android iOS & Android
Auto Trading
No HotForex supports automated trading through access to MetaTrader 4 and MetaTrader 5, both of which have extensive expert advisor integration systems.
Trade Signals
No Yes
Social Trading
No No
Copy Trading
No No
Islamic Account
No Yes
Account Currencies
USD USD, EUR, GBP
CFD
CFD trading not offered HotForex has CFD trading in stocks and shares, indices, ETFs, metals, energies, agricultural commodities and forex.
Leverage
1:30
FTSE Spread
1.16
GBPUSD Spread
1.8
Oil Spread
0.05
Stocks Spread
Variable
Forex
Ally Invest offers forex trading in over 80 major, minor and exotic currency pairs. HotForex has CFD trading on over 50 major, minor and exotic currency pairs with MT4 and MT5 accounts.
GBPUSD Spread
1 1.8
EURUSD Spread
1 1.3
EURGBP Spread
1 1.5
Assets
80 50