Ally Invest vs HFM - BrokerCue
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Broker Comparison

Ally Invest vs HFM

Compare Ally Invest and HFM 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 mโ€ฆ

VS
HFM

HFM

Active forex and CFD traders

HFM is a multi-asset CFD and forex broker founded in 2010, regulated across six jurisdictions, offering 1,000โ€ฆ

Head-to-head comparison

Ally Invest vs HFM
Feature Ally Invest HFM
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 -
Stock trading fee $0 commission -
Regulators FINRA, SIPC, SEC FCA, CySEC, FSCA, DFSA, CMA, FSA
Best for DIY investors who also want managed portfolio options Active forex and CFD traders
Markets & account
Stocks
ETFs
Forex
-
CFDs
-
Crypto
-
Bonds
Options
-
Futures
-
Funds
-
Margin
Ready Made Portfolios
-
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
HFM

HFM

Pros

  • Regulated by FCA, CySEC, FSCA, DFSA, CMA and FSA
  • No minimum deposit on most accounts
  • No deposit or withdrawal fees on standard methods
  • Raw zero-pip spreads available on Zero account
  • Over 1,000 tradable instruments across multiple asset classes
  • Free demo account available
  • Negative balance protection provided
  • Copy trading platform available

Cons

  • Inactivity fee of $5 per month after six months of dormancy
  • Zero account charges $3 per side per lot commission
  • US clients are not accepted
  • No cTrader or TradingView integration
  • EU retail leverage capped at 30:1 on major forex pairs
  • HF Markets EU entity accepts only professional and eligible counterparty clients
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.

Your capital is at risk. Other fees apply.

HFM

HFM

HFM is a multi-asset CFD and forex broker founded in 2010, regulated across six jurisdictions, offering 1,000-plus instruments on MT4, MT5 and a proprietary mobile app.

Your capital is at risk. Other fees apply.

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