Ally Invest vs Saxo Bank

Ally Invest vs Saxo Bank Comparison Table 2021
Ally Invest Saxo Bank
Ally Invest is an online investment platform for US and international clients with securities and derivatives trading. A regulated bank, Saxobank offer Equities and Forex trading on 40,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms
United States Flag Traders from US accepted
United States Flag Traders from US not accepted
Bonus
None None
Instruments
Stocks, Options, Forex Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs
Demo Account
No Yes
Minimum Deposit
$0 $10000
Payment Methods
Wire Transfer Credit Card, JCB Card, Mastercard, Visa, Wire Transfer
Minimum Trade
Vary by asset
Regulator
SEC, FINRA Danish FSA, FCA and Others
Margin Trading
Yes No
Margin Rate
3.25%
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
STP Account
No No
ECN Account
No Yes
DMA Account
No No
Mobile Apps
iOS & Android SaxoTraderGo (iOS, Android, Windows)
Auto Trading
No No
Trade Signals
No Yes
Social Trading
No No
Copy Trading
No No
Islamic Account
No Yes
Account Currencies
USD USD, EUR, GBP, CAD, AUD, JPY, SEK, DKK, CHF
CFD
CFD trading not offered
Leverage
1:30
FTSE Spread
1.2 pts (Variable)
GBPUSD Spread
0.7 (var)
Oil Spread
0.03
Stocks Spread
0.10% (subject to min commission)
Forex
Ally Invest offers forex trading in over 80 major, minor and exotic currency pairs.
GBPUSD Spread
1 0.7 (varies by region)
EURUSD Spread
1 0.2 (varies by region)
EURGBP Spread
1 0.6 (varies by region)
Assets
80 40+