Select Your Brokers to Compare
Ally Invest vs TMGM : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
Ally Invest
TMGM
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
None
ECN broker
Years of Existence / Established Year
2005
2013
Customer Base / Number of Accounts
No information
No information
Regulation & Security
Regulations (governing bodies)
SEC, FINRA
ASIC, VFSC and FSC
Awards Won (count for the last 2 years)
No major awards listed
Most Trusted Forex Broker 2024, Best Forex Trading Platform 2024, SkyLine Guide 2024 Award, Most Innovative Sports Sponsorship 2024, Brokersview Fastbull 2024 Award
Security Measures
SIPC
Civil Liability Insurance program for a limit of $10,000,000
SSL Encryption / 2FA
Yes
Yes
Segregated Funds
No
Yes
Negative Balance Protection
No
Yes
Trading Instruments/Products Offered
Assets Types / Trading Instruments (total count and breakdown)
10,800+ assets including, CDs, Treasuries, Crypto available through external parterns
12,000 instruments including shares
Currency Pairs
No
Yes
Commodities
No
Yes
Indices
Yes
Yes
Cryptocurrencies
No
Yes
CFDs
No
Yes
ETFs
Yes
Yes
Stocks
Yes
Yes
Options
Yes
No
Futures
No
Yes
Bonds
Yes
No
Mutual Funds
Yes
No
Fractional Shares
Exchange Traded Notes (ETNs)
Yes
No
Precious Metals
Yes
Yes
Real Estate Investment Trusts (REITs)
Yes
No
Equities
Yes
Yes
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
No
Yes
MT5
No
Yes
cTrader
No
No
Social Trading
Yes
Copy Trading
No
Yes
Other Trading Platforms (proprietary, etc.)
Web and mobile platform
TMGM app
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
Edge and classic account
Demo Account (Yes/No)
No
Yes
Islamic Accounts (Yes/No)
No
Yes
Minimum Deposit
$100
$100
Leverage Available
No
1:100 to 1:1000
Trade Limit (maximum per trade)
Non-Pattern Day Trader-3-day trades in 5 business days, Pattern Day Trade- Unlimited day trades
Depends on the assets type
Commission (per account type)
$0
Currency Pairs: $7 ; Precious Metals: $5
Best Suited For (e.g., beginners, experienced traders)
Beginners
Experienced traders
Deposit & Withdrawal Options
Deposit Methods
ACH, Wire transfer, Check
Visa, Mastercard, Bank transfer, RMB instant, Revolute, Wise, e-wallets
Withdrawal Methods
Wire transfer
Visa, Mastercard, Bank transfer, RMB instant, Revolute, Wise, e-wallets
Other E-Wallets Supported
No
Skrill, Neteller.SticPay, FasaPay, UnionPay
Tools & Educational Resources
Economic Calendar
Yes
Yes
Tools & Educational Resources (tutorials, webinars, market news, etc.)
Trading Education, Market Insights, Webinars, Online Trading Courses, Forex and Options Education
Market analysis, Traders terminology, Trading tools
Fees & Commissions
Trading-Related Fees
Commission-$0
Currency Pairs: $7 USD ; Precious Metals: $5 USD, Spread-0.0pips
Spread (typical, fixed, variable)
NA
variable/floating spread
Per Lot Fees
NA
NA
Options Contract Fees
$0.50
NA
Futures Contract Fees
NA
NA
Markup Fees on Spread
NA
NA
Guaranteed Stop Loss Fees
NA
NA
Maximum Leverage
No
1:1000
Non-Trading Fees
Dormant Fees
$0
$30 per month after 6 months of inactivity
Subscription Fees (for premium features, data feeds)
NA
NA
Advisory Fees
$0.75-$0.85
NA
Swap Fees (Overnight Financing)
NA
Yes
Statement or Document Fee
NA
NA
Account Opening Fee
$0
NA
Account Maintenance Fee
$0
NA
Deposit Fee
$0
$0
Currency Conversion Fee
$0
Charges not mentioned, May apply for non-USD deposits
Withdrawal Fee
Wire transfer- $75
$0
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes- Occasionally
Yes
Customer Benefits (e.g., Retirement Plan)
Yes
No
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.
Depends on the assets type
Customer Support
Support Hours (e.g., 24/7, weekdays only)
Mon - Fri 7am - 10pm ET, Sat 8am - 8pm ET
24/7
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
Phone +61 2 8036 8388, Fax +61 2 8036 8388, Email [email protected], Live chat
Support Languages
2
15+
Additional Information
Headquarters Location
Charlotte, North Carolina, USA
100 Barangaroo Ave., Level 28, Tower One, Sydney NSW 2000, Australia.
Complaints (for crypto brokers)
No
No
Explore More Broker Matchups
Here are more Comparisons to help you choose wisely
Our Latest Contents
Stay updated with our newest insights and guides!
Top Broker Reviews
Discover brokers trusted by global traders.
No