Global

Broker Comparison

Ally Invest vs CMC Markets

Compare Ally Invest and CMC Markets side by side: fees, regulation, platforms.

Ally Invest

Ally Invest

DIY investors who also want managed portfolio options

Ally Invest combines self-directed trading with robo portfolios and personal advice, with $0 commissions on m…

VS
CMC Markets

CMC Markets

Active forex and CFD traders

CMC Markets is a CFD and forex broker founded in 1989, with MT4, MT5, TradingView and its own web and mobile …

Head-to-head comparison

Ally Invest vs CMC Markets
Feature Ally Invest CMC Markets
Minimum deposit No minimum deposit required for Self-Directed brokerage cash account; $2,000 for Self-Directed brokerage margin accounts; $100 for Robo Portfolios; $100,000 for Personal Advice There is no minimum deposit required to open an account
Stock trading fee $0 commission —
Regulators FINRA, SIPC, SEC BMA
Best for DIY investors who also want managed portfolio options Active forex and CFD traders
Markets & account
Stocks
ETFs
Forex
—
CFDs
—
Crypto
—
Bonds
Options
—
Funds
—
Margin
—
Ready Made Portfolios
—
Spread Betting
—
Demo Account
—

Pros & cons

Ally Invest

Ally Invest

Pros

  • $0 commissions on most U.S.-listed stocks and ETFs
  • $0 options commission with a $0.50 contract fee
  • $100 minimum for Ally Invest Robo Portfolios
  • Cash-enhanced Robo Portfolios have no advisory fee
  • Daily robo review and rebalancing at no extra fee
  • $75 ACAT transfer-fee credit on $2,500+ transfers
  • Apex adds up to $150 million aggregate excess coverage

Cons

  • $2,000 minimum deposit for Self-Directed margin accounts
  • $100,000 minimum assets for Personal Advice
  • Market-focused Robo Portfolios charge 0.30% annually
  • Low-priced securities cost $4.95 plus $0.01 per share
  • Personal Advice is available only to current customers
  • Withdrawals over 20% of Personal Advice account require a call
  • Robo ETF expense ratios are not included in advisory fee
CMC Markets

CMC Markets

Pros

  • No minimum deposit required to open an account
  • No CMC deposit or withdrawal fees currently charged
  • FX Active spreads from 0.0 pips on six major FX pairs
  • 25% spread discount on 300+ other forex pairs with FX Active
  • $2.50 commission per $100,000 currency trade on FX Active
  • 0% commission on UK and European share CFDs
  • GSLO premium refunded 100% when the order is not triggered
  • MetaTrader accounts allow hedging positions by default

Cons

  • £10 monthly inactivity fee after one year without trading
  • Market data subscriptions may apply for some share CFDs
  • Guaranteed stop-loss orders require a premium
  • MT4 CFD accounts cannot access Next Generation or TradingView
  • MT4 offers only currencies, indices, commodities and cryptocurrencies
  • MT4 and MT5 demo accounts expire after 30 days of inactivity
  • MetaTrader close-out can occur below 50% of margin requirement
  • Term deposits for client money may require up to 95 days' notice
Ally Invest

Ally Invest

Ally Invest combines self-directed trading with robo portfolios and personal advice, with $0 commissions on most U.S.-listed stocks and ETFs.

Visit Ally Invest Read review

Your capital is at risk. Other fees apply.

CMC Markets

CMC Markets

CMC Markets is a CFD and forex broker founded in 1989, with MT4, MT5, TradingView and its own web and mobile platforms.

Visit CMC Markets Read review

Your capital is at risk. Other fees apply.

Not the right match?

Line up any two brokers side by side, or browse the full list to find your next platform.

Compare another broker Browse all brokers