Get a $750 Welcome Deposit for eligible new customers who open an 
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TradeKing is now Ally Invest. We’ll update this page with any new promotions and bonuses that get offered by Ally Invest.
Ally acquired TradeKing in 2016 and has been working on bringing the two companies together. Current TradeKing users will have to transition over to Ally to access their accounts and start trading again.
Prior to the change, TradeKing was very good about offering promotions for free trades, transfer fee reimbursements, and referral bonuses.
I’ll review the current offers from Ally Invest below.
*You can see all the current Stock Broker promotions here.
Ally Invest $3,500 Cash & Free Trades Offer
Updated offer for up to $3,500 cash in bonuses
With this updated promotion from Ally Invest, you can earn anywhere from a $50 to $3500 cash bonus, as well as $500 in free trades for 90 days. If you’re transferring over from another brokerage, you can apply for a Transfer Fee Credit of up to $150 also.
- Cash Bonus:
- Funding – Accounts must be opened by the expiration date and funded within 60 days of account opening.
- The qualifying deposit to open the new account must be from outside Ally Invest.
- The new account must be funded with a minimum qualifying deposit of $10,000 or more to receive the Minimum Cash Bonus and Commission-Free Trades for up to 90 days Bonus.
- The minimum qualifying funds to receive bonus offer must remain in the account (minus any trading losses) for a minimum of 90 days from the date of funding.
- Accounts will receive the specified credit, depending on the initial deposit amount, deposited into the account within ten (10) days of meeting the qualifying requirements.
- Once the account is credited, the bonus and initial qualifying deposit is not available for withdrawal for 300 days after the requirements have been met.
- If the qualifying deposit(s) are removed the bonus payout may be revoked.
- See the table below for the deposit required for each bonus amount.
| Bonus Amount | Deposit or Transfer Amount |
| $3,500 and free trades | $2MM+ |
| $2,500 and free trades | $1MM – $1.99MM |
| $1,200 and free trades | $500k – $999.9k |
| $600 and free trades | $250k – $499.9k |
| $300 and free trades | $100k – $249.9k |
| $200 and free trades | $25k – $99.9k |
| $50 and free trades | $10k – $24.9k |
- Commission-Free Trades for up to 90 Days Bonus:
- The qualifying deposit of $10,000 or more must be received and remain in the account (minus any trading losses) for a minimum of 90 days from date of funding account or Ally Invest may charge the account for the cost of the trades credited to the account.
- New accounts receive $500 in commission credit for equity, ETF and option trades executed within 90 days of funding the new account.
- Commission credit applies to the per contract commission.
- The commission credit takes up to 2 business days from the funding date to be applied.
- Unused trades expire at the end of 90 days from the funding date of the new account.
- You will not receive cash compensation for any unused free trade commissions.
- Mutual fund, bonds, exercise and assignment fees still apply.
- $150 Transfer Fee Credit:
- Must complete a first-time ACATS account transfer of $2,500 or more to receive a Transfer Fee Credit of up $150 to cover the outgoing transfer fee from your current brokerage firm.
- ACAT forms must be received within 15 days of opening new account.
- Credit will be deposited to your account within 30 days of receipt of evidence of charge.
- This transfer reimbursement offer does not apply to Termination Fees or Maintenance Fees.
- Not valid for any retirement or ERISA qualified accounts.
- Offer is not transferable.
- Open to US residents only.
- Excludes current Ally Invest Securities, LLC account holders.
- Excludes former Ally Invest Securities, LLC (formerly TradeKing Securities LLC) account holders who have closed their accounts within the past 90 days.
MoneysMyLife Top Offer Picks  Earn a $200 bonus when you open a new Chase Total Checking® account and set up direct deposit. Also earn a $150 bonus when you open a new Chase SavingsSM account, deposit a total of $10,000 or more in new money within 10 days & maintain a $10,000 balance for 90 days. Apply for both offers and get a $350 total bonus. Full Review Get $300 when you open a new Chase Premier Plus CheckingSM account and set up direct deposit. This account has more features than the Chase Total Checking® and the monthly service fee can be waived with a few different requirement options. A $300 Checking bonus is one of the best offers from Chase Bank. Full Review Earn $200 when you open a new Chase Total Business Checking® account, deposit $1,000 in new money within 10 business days of account opening, maintain that balance for 60 days and complete five qualifying transactions within 60 days. This is the most popular Business Checking offer.Full Review |
Apply online for a new TD Bank Checking account to earn either a $300 bonus for the TD Premier Checking account ( $2,500 in direct deposits required), or a $150 bonus for the TD Convenience Checking account ($500 in direct deposits required). This is a limited time offer. 
Get a $750 Welcome Deposit for eligible new customers who open an 
Earn up to 25,000 bonus miles worth $250 in travel every year with the Barclays Arrival® Premier World Elite Mastercard®. Without an initial sign-up bonus, this credit card is intended for high spenders looking for a card to carry for the long-term. The card will earn unlimited miles at the rate of 2 miles per $1 spent on all purchases. 
The HSBC Cash Rewards Mastercard® has a sign-up bonus of $150 when you spend at least $500 on purchases within the first 3 months of account opening. This credit card will also earn an ongoing 1.5% cash rewards rate on all purchases and has no foreign transaction fees. There is no annual fee with this card. 
CIT Bank is offering a 1.75% APY rate with their Money Market Account for all balances. This account is available online nationwide and consistently offers one of the best rates in the nation. The minimum opening deposit is $100 and there are no fees for opening or maintaining the account. 
Ally Invest is one of the nation's top choices for a low-cost stock broker, and they now have a promotion where you can earn a cash bonus of $50 to $3500, as well as $500 in commission-free trades. Your cash bonus value will depend on your deposit amount made within 60 days of account opening. 
Simple Bank has an offer where you can earn a $20 bonus after opening their free online Checking account that's available nationwide. You'll then be able to earn unlimited $20 referral bonuses. Direct deposit isn't a requirement and all you and your referrals need to do is open a new account and use the Simple Visa debit card to make a first purchase. New Ally Invest Pricing & Info
As you would expect, being a new entry to the investing space, Ally Invest is coming out with lower pricing for Stock and Options trades compared to many top brokerages. Below is a quick pricing breakdown and more important info on Ally Invest.
- You can see pricing for all the best brokerages here.
- Markets you can trade with Ally Invest
- Stocks
- Options
- Bonds
- ETFs
- Mutual Funds
- Futures
- Forex
- Ally Android App.
- Ally Apple App.
- Enjoy 24/7 customer care with Ally Invest. With the move to Ally, TradeKing is now known as Ally Invest. Contact them 24/7 at 855-880-2559 or by email at [email protected]
- Ally Invest pricing stays the same as it was with TradeKing
Compare Ally Invest Pricing With Top Brokerages
| BROKER | STOCK TRADES | OPTIONS (BASE) | OPTIONS (PER CONTRACT) |
| Ally Invest | $3.95-$4.95 | $3.95-$4.95 | $0.50-$0.65 |
| Charles Schwab | $4.95 | $4.95 | $0.65 |
| E*Trade | $6.95 | $6.95 | $0.75 |
| Fidelity | $4.95 | $4.95 | $0.65 |
| Merrill Edge | $6.95 | $6.95 | $0.75 |
| TD Ameritrade | $6.95 | $6.95 | $0.75 |
*Confirm current rates with the brokerage(s)
Bottom Line
For current TradeKing users, the transition over to Ally will be an easy one, with pricing and most features remaining the same. You’ll only really notice name branding and URL changes. For new users who are looking for a low cost brokerage, Ally Invest is a great choice and the current promotion definitely makes them worth consideration. For experienced investors, I still recommend TD Ameritrade overall for their fantastic ThinkorSwim platform and long track record (they’ve also lowered their pricing for 2017 and acquired Scottrade).
I'm constantly tweaking my investment strategies as I gain more insight and as investment options evolve. Below is my current lineup.
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See the best online stock brokers and current brokerage promotions and bonuses.
- Merrill Edge Review: $600 And Free Trades Promotions
- Fidelity Promotions: $2500 Cash, 500 Free Trades, Other Offers
- E*Trade Brokerage Promotions & Bonuses: $2,500 In Cash
- Charles Schwab Brokerage Promotions, Bonuses And Offers
- TD Ameritrade Promotions: $600, $1500, $2500 Cash Bonus Offers
- Ally Invest $3500 Bonus Cash & Free Trades Promotion
- Betterment Review 2018: New Promotions & Bonuses
- Best Brokerage Promotions And Bonuses May 2018
- Best Online Brokers For Trading Stocks May 2018
- TradeStation Promotions: $1,500 In Commission Rebates!
- OptionsHouse (Acquired By E*Trade)
I’ll update this page with new Ally Invest promotions and bonuses once they become available.
*These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.