FairMarkets vs Ally Invest

FairMarkets vs Ally Invest Comparison Table 2023
FairMarkets Ally Invest
WINNER
FairMarkets is the better broker
United States Flag Traders from US accepted
United States Flag Traders from US accepted
FairMarkets is a multi-regulated trading broker with MT4 and MT5. Low fees, flexible leverage and analysis from Trading Central make it a solid all-round broker. Ally Invest is an online investment platform for US and international clients with securities and derivatives trading.
Pros
  • Demo account
  • MT4 integration
  • Low minimum deposit
  • Good execution speed
  • Full range of investments
Cons
  • No copy trading
Instruments
CFDs, Stocks, Forex, Commodities, Indices, Cryptocurrencies Stocks, Options, Forex, ETFs
Demo Account
Yes No
Minimum Deposit
$0 $0
Payment Methods
Minimum Trade
0.01 Lots
Regulator
ASIC, FSC SEC, FINRA
Margin Trading
Yes Yes
Margin Rate
3.25%
MetaTrader 4
Yes No
MetaTrader 5
Yes No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
Yes No
STP Account
No No
ECN Account
No No
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
Yes No
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS & Android iOS & Android
Auto Trading
EAs
Copy Trading
No No
Social Trading
No No
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No Yes
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
No No
Account Currencies
  • USD
  • AUD
  • USD
Stock Exchanges
Commodities
CFD Trading
Use leveraged CFDs to go long or short on a range of financial markets with low fees. CFD trading not offered
Leverage
1:30 (Aussie Retail), 1:500 (Aussie Pro), 1:1000 (International)
FTSE Spread
1.2
GBPUSD Spread<
0.4
Oil Spread
0.3
Stocks Spread
Variable
Forex Trading
Trade popular currency pairs with tight spreads and competitive commissions. Ally Invest offers forex trading in over 80 major, minor and exotic currency pairs.
GBPUSD Spread
0.4 1
EURUSD Spread
0.3 1
EURGBP Spread
0.8 1
Assets
40+ 80
Cryptocurrency
Trade Bitcoin and other key cryptos against the USD with 1:2 leverage. Crypto trading not offered
Spread
From 20.0
Coins
  • BTC
  • ETH
  • LTC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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