Interactive Brokers vs Ally invest, Updated for 2025

Compare Interactive Brokers vs Ally invest

All trading platforms has a few advantages and disadvantages, so any comprehensive analysis of Interactive Brokers vs Ally invest would not be regarded as thorough without adopting an objective perspective.

Assess Ally invest and Interactive Brokers in order to understand the way these platforms stack up with each other prior to you make an account. A comparative analysis will put things into perspective in order that you remain informed about what you should anticipate.

So you are looking for a reputable broker and are choosing between Interactive Brokers or Ally invest. Who should you choose?

Our Interactive Brokers vs Ally invest comparison contains the latest information so you can easily compare Ally invest against Interactive Brokers.

If you are a new entrant in the world of trading and brokerages, so many facts will be perplexing for you. Getting into the area of trading demands expert assessing skills and comprehensive knowledge. You'll acquire adept at all of the concepts of broker as you keep trading. For starters, you need to select the right agent who will be clear with you always.

In this fast-paced universe of stock markets and trading, you'll need guidance to make correct decisions. A professionally direct investment plan has the potential to create hefty returns. Interactive Brokers and Ally invest are just two such companies which will take you and your investment to great heights. It is important that you compare Interactive Brokers vs Ally invest until you trust them with your money.

Our Interactive Brokers vs Ally invest comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Interactive Brokers and Ally invest side by side.

Our entire Interactive Brokers vs Ally invest Review covers all you will need to learn about trading using either Interactive Brokers or Ally invest. A fantastic broker can multiply your first investments and give you favorable profits. If you want to make profits, you should trade with a brokerage service that contrasts with your investment goals.

There's absolutely no sure-fire method to guarantee profits; therefore, you must carefully assess your broker before you choose them. It is a frequent misconception that all brokers will be the same, but that's not correct. Wrong judgment, in the beginning, can set your investments at risk.

Interactive Brokers and Ally invest are both brokers that have found their way successfully into the brokerage world. Within this review, we've attempted to collate some of the vital facets of both Interactive Brokers and Ally invest. This review can allow you to know whether either Ally invest or Interactive Brokers is a fantastic fit for your investments or not. We have tried to breakdown all the features and fees for your convenience.

Benefits of Interactive Brokers and Ally invest Compared

Interactive Brokers has a minimum deposit of $1 while Ally invest has a $500 minimum deposit.

Why smaller minimum deposits are good and how Interactive Brokers and Ally invest compare

The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.

Interactive Brokers has around 100 financial instruments while Ally invest allows you to trade around 100 financial instruments available.

The more instruments you can trade on the Interactive Brokers and Ally invest trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of Interactive Brokers or Ally invest.

Interactive Brokers and Ally invest Contact Details

Being able to contact an online trading platform easily is vital. Interactive Brokers and Ally invest have the following contact details and social medias that you can use.

Ally invest and Interactive Brokers Mobile App Comparison

It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.

This part of comparing Interactive Brokers and Ally invest will examine whether their mobile app meets all our requirements.

We rate overall the user-friendliness of the apps as better than average.

It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.

Search Functions

Although most brokers do OK in this area, there are some bad apples out there. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?

Interactive Brokers vs Ally invest - Awards

Interactive Brokers vs Ally invest - Frequently Asked Questions

Interactive Brokers vs Ally invest - Headquarters And Year Of Founding

Interactive Brokers was founded in 1977 and has its headquaters in United States.

Ally invest was founded in 2013 and has its headquaters in United States.

What is the minimum deposit for Ally invest or Interactive Brokers

The minimum deposit for Interactive Brokers is $1.

The minimum deposit for Ally invest is $500.

Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Interactive Brokers and Ally invest are a good option.

Interactive Brokers vs Ally invest - Regulation And Licencing In More Detail

Interactive Brokers is regulated by the US Securities and Exchange Commission and the Commodity Futures Trading Commission. Australian Securities and Investments Commission (AFSL: 453554) and is a participant of ASX, ASX 24 and Chi-X Australia. Is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and Member - Canadian Investor Protection Fund. Is authorised and regulated by the Financial Conduct Authority. FCA register entry number 208159. Is regulated by the Commission de Surveillance du Secteur Financier (CSSF). Is regulated by the Central Bank of Ireland (CBI, reference number C423427). Is licensed and regulated by the Central Bank of Hungary (Magyar Nemzeti Bank) under no. H-EN-III-623/2020. Is regulated by the Hong Kong Securities and Futures Commission. Is a member of NSE, BSE, SEBI. Regn. No. SEBI Registration No. INZ000217730; NSDL: IN-DP-NSDL-301-2008. CIN-U67120MH2007FTC170004. Is regulated by Kanto Local Finance Bureau (Registration No.187). Is licensed and regulated by the Monetary Authority of Singapore (Licence No. CMS100917)..

Ally invest is regulated by Cyprus Securities and Exchange Commission (CySEC).

Both Interactive Brokers and Ally invest have a powerful set of rules for ensuring fair trading on their own platforms. For data encryption functions, they supply industry-standard secure socket layers (SSL).

As per their privacy regulations, customer information is to not be shared with any other institutions or individuals. This includes credit history and other financial details.

Compare Interactive Brokers vs Ally invest Commission And Fees

Interactive Brokers and Ally invest are online broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the companies of online trading platforms are scaled much better. That is, an online broker is not necessarily influenced by the number of clients they have.

However, this does not necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for various services to earn money. There are mainly three different types of penalties for this purpose.

The first sort of charges to keep an eye out for are trading charges. When you make a genuine trade, like purchasing a stock or an ETF, you are charged trading charges. In such cases, you are spending a spread, funding rate, or a commission. The kinds of trading charges and the rates vary from broker to broker.

Commissions could be fixed or determined by the traded quantity. On the flip side, a spread refers to the difference between the buying and selling price. Funding or overnight prices are those who are billed when you maintain a leveraged position for more than a day.

Apart from trading charges, online agents also bill non-trading fees. These are dependent on the actions you undertake in your accounts. They're charged for surgeries like depositing money, not investing for lengthy periods, or withdrawals.

Generally, neither Interactive Brokers or Ally invest charge high fees compared to other online brokers. For operations other brokers fee for, they either do not charge a broker fee, or they charge a smaller sum. This is beneficial for those who regularly exchange, such as daily or weekly trading.

However, non-trading fees billed by Interactive Brokers and Ally invest are relatively competitive. Consequently, you are charged more for non-trading activities in your trading account, such as withdrawal and deposits. These are not related to the sale and purchase of assets.

This Interactive Brokers vs Ally invest review for 2025 breaks down each of the applicable non-trading charges for you in detail.

Compare Broker Fees For Interactive Brokers And Ally invest

What Languages Do Interactive Brokers And Ally invest Support?

Being able to talk easily with your trading platform is a key part of comparing online brokers to find your perfect trading partner. Not only for support but to ensure you understand everything on their site and inside their application as it is a key part of success when trading online.

Here you can find all the languages that both Interactive Brokers and Ally invest support.

How Many Clients Do Interactive Brokers and Ally invest Have?

Both Interactive Brokers and Ally invest are well established with their client base. It is really important to work with an online broker you can trust and one of the easiest ways of understanding this is by knowing how many clients are using their services.

Below you will find details of how many users Interactive Brokers and Ally invest are working with

What Payment Methods Do Interactive Brokers and Ally invest Accept?

Interactive Brokers and Ally invest both offer a wide range of payment options which is vital when you have a global customer base.

Below you will find details of all the payment options available at Interactive Brokers and Ally invest

What Can You Trade With Interactive Brokers and Ally invest?

Interactive Brokers offers 100 trading instruments whilst Ally invest offers 32.

Below you will find a full breakdown of what both Interactive Brokers and Ally invest offer.