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.

We’ll review the current offers from Ally Invest below.

*You can see all the current Stock Broker promotions here.

Ally Invest $200 Cash Bonus/Free Trades Offer

With this promotion from Ally Invest, you can choose from either a $200 cash bonus offer or 90 days of free trades. If you’re transferring over from another brokerage, you can apply for a Transfer Fee Credit of up to $150 also.

• Choose from a $200 cash bonus or 90 days of commission-free trades
• $200 cash bonus:
  • This offer is valid for one new individual or joint account, funded with at least $25,000 within 15 days of account opening, and that executes at least 3 trades within 90 days of account funding.
  • New accounts are eligible for this special offer when opening a new Ally Invest account and funding with a minimum of $25,000 within 15 days with funds from outside Ally Invest Securities, LLC.
  • The minimum funds of $25,000 must remain in the account (minus any trading losses) for a minimum of 90 days from date of funding account.
  • You must apply for this promotional offer by clicking through the offer page to their online application and opening an account.
  • New accounts receive cash credit within 10 business days of meeting promotion requirements.
  • Bonus is not available for withdrawal for 120 days after it is awarded to your account.
• Commission-Free Trades:
  • This offer is valid for one new individual or joint account opened and funded with at least $10,000 within 15 days of account opening.
  • The minimum funds of $10,000 must 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 includes 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.
  • New accounts are eligible for this special offer when opening a new Ally Invest account and funding with a minimum of $10,000 within 15 days with funds from outside Ally Invest Securities, LLC.
  • You must apply for this promotional offer by clicking through the offer page to their online application and opening an account.
• $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.

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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

*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, we 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).

See the best online stock brokers and current brokerage promotions and bonuses.

• Best Online Brokers For Trading Stocks April 2018
• Best Brokerage Promotions And Bonuses April 2018
• Fidelity Promotions: $2500 Cash, 500 Free Trades, Other Offers
• Charles Schwab Brokerage Promotions, Bonuses And Offers
• TD Ameritrade Promotions: $2500 Cash Bonus And Free Trades!
• Ally Invest $200 Cash Bonus/Commission-Free Trades Promotion
• E*Trade Brokerage Promotions & Bonuses: $2,500 In Cash
• Betterment Review 2018: New Promotions & Bonuses
• TradeStation Promotions: $1,500 In Commission Rebates!
• Merrill Edge Review: $600 And Free Trades Promotions
• OptionsHouse (Acquired By E*Trade)

We’ll update this page with new Ally Invest promotions and bonuses once they become available.