Ally Invest vs IG : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Ally Invest

Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

None

ECN

Years of Existence / Established Year

2005

1974

Customer Base / Number of Accounts

No information

313,000 customers

Regulation & Security

Regulations (governing bodies)

SEC, FINRA

NFA CFTC FCA

Awards Won (count for the last 2 years)

No major awards listed

Best Multi platform provider - ADVFN International Financial Awards 2024 Best Finance App - ADVFN International Financial Awards 2024 Best platform for active trader - ADVFN International Financial Awards 2022

Security Measures

SIPC

FSCS

SSL Encryption / 2FA

Yes

Segregated Funds

Yes

Negative Balance Protection

Yes

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

10,800+ assets including, CDs, Treasuries, Crypto available through external parterns

17,000 + markets

Currency Pairs

Yes

Commodities

Yes

Indices

Yes

Cryptocurrencies

Yes

CFDs

Yes

ETFs

Yes

Stocks

Yes

Options

Yes

Futures

Yes

Bonds

Yes

Mutual Funds

Yes

Fractional Shares

Yes

Exchange Traded Notes (ETNs)

Yes

Precious Metals

Yes

Real Estate Investment Trusts (REITs)

Yes

Equities

Yes

Trading Platforms & Technology

Trading Platform Availability

Yes

MT4

Yes

MT5

cTrader

Social Trading

Yes

Copy Trading

Yes

Other Trading Platforms (proprietary, etc.)

Web and mobile platform

ProReal Time APIs L2 dealer

Platform Compatibility (Windows, Mac, iOS, Android)

Yes except Mac

Yes

Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

IRA plan, Traditional, Roth IRA, Self-directed trading, Ally Invest Robo portfolios, Personal advice

Leveraged Accounts Spread betting account CFD accountNon-Leveraged Account Share dealing account ISA account IG smart portfolio account IG smart ISA portfolio account

Demo Account (Yes/No)

Yes

Islamic Accounts (Yes/No)

Minimum Deposit

$100

$50

Leverage Available

200:1

Trade Limit (maximum per trade)

Non-Pattern Day Trader-3-day trades in 5 business days, Pattern Day Trade- Unlimited day trades

Trade size vary on each asset

Commission (per account type)

Starting from 0.1

Best Suited For (e.g., beginners, experienced traders)

Beginners

Deposit & Withdrawal Options

Deposit Methods

ACH, Wire transfer, Check

Bank transfers Card FPS in Hong Kong dollars Funding on IG mobile app Wise

Withdrawal Methods

Wire transfer

Card Bank transfer

Other E-Wallets Supported

Tools & Educational Resources

Economic Calendar

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Trading Education, Market Insights, Webinars, Online Trading Courses, Forex and Options Education

Trade analytics tools Seminars & webinars

Fees & Commissions

Trading-Related Fees

Commission-$0

US shares 0 to 50 - commission free 50+ trades - $5Other shares Germany - 0.1% UK - 0.1% Ireland - 0.1%

Spread (typical, fixed, variable)

Variable

Per Lot Fees

Options Contract Fees

$0.50

Futures Contract Fees

Markup Fees on Spread

Guaranteed Stop Loss Fees

Vary for each asset

Maximum Leverage

200:1

Non-Trading Fees

Dormant Fees

$12/month after 24 months of no trading activity

Subscription Fees (for premium features, data feeds)

Advisory Fees

$0.75-$0.85

Swap Fees (Overnight Financing)

Yes

Statement or Document Fee

$50

Account Opening Fee

Account Maintenance Fee

Deposit Fee

Free for Wire & check deposits

Currency Conversion Fee

0.5% - CFDs and share dealing accounts 0.7% - international shares

Withdrawal Fee

Wire transfer- $75

Wire transfer - $25

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes- Occasionally

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

Trading Hours

Trading Hours (for each asset class if applicable)

Pre-market orders between 8:00 am - 9:30 am, ET or post-market orders between 4:00 pm - 5:00 pm ET.

Forex Monday 00:00 - Friday 22:00 GMT (International times may vary)UK shares (LSE): 08.00-16.30 (London time) US shares: 09.30-16.00 (New York time) European shares: vary on relevant exchanges

Customer Support

Support Hours (e.g., 24/7, weekdays only)

Mon - Fri 7am - 10pm ET, Sat 8am - 8pm ET

24x5 support

Customer Support Methods (phone, email, live chat)

Hard of hearing call: 711, Phone: 1-888-925-2559, +1-316-652-6430, E-mail: Login to send a secure message, Live chat

Call +44 (20) 7633 5430 Email: [email protected] 10AM to 7PM whatsapp channel support (Monday to Friday)

Support Languages

Additional Information

Headquarters Location

Charlotte, North Carolina, USA

IG Cannon Bridge House 25 Dowgate Hill London EC4R 2YA

Complaints (for crypto brokers)

At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.

Ally Invest stands out for its zero-commission trading model, appealing to cost-conscious investors. In contrast, IG offers more comprehensive services with slightly higher fees, especially for advanced tools and asset classes.

Ally Invest gets you trading faster thanks to its minimal entry barriers. In comparison, IG account setup is slower but includes extra layers of financial screening and suitability assessments.

While Ally Invest focuses on mobile-first design and clean user experience, IG includes features like in-depth charting, integrated news feeds, and strong desktop performance.

Ally Invest is geared toward frequent trading and analytics, while IG fits those who value simplicity and guided experiences.

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