*Update: TradeKing is now Ally Invest. You can learn all about Ally Invest here.
TradeKing is another popular discount online broker for trading, charging just $4.95 per trade. We rank them as one of the best low-cost brokers in the market.
They’re also currently promoting some good offers should you decide on this platform for investing. See the latest offers below.
For in-depth reviews on TradeKing, see these articles:
This page is focus on current promotions and bonuses with TradeKing.
TradeKing $1,000 Free Trades Promotion
You can get up to $1,000 in free trade commissions, and transfer fees reimbursed up to $150.
- TradeKing offers consistently renew
- Their brokerage account is eligible for these offers
- Use code FREE1000: deposit $5,000 and get $1,000 in FREE trade commission ($5000 minimum deposit)
- Use code TRADE500: deposit $500 and get $500 in FREE trade commission ($500 minimum deposit)
Offer Requirements
- Open a TradeKing brokerage account and use the respective promo code
- Fund your account within 30 days of opening
- Commission credits are good for 60 days from award date
- Covers the cost of equity and option trades
- Available to new TradeKing clients only
- The minimum funds for the offer you chose must remain in the account (minus any trading losses) for a minimum of 6 months or TradeKing may charge the account for the cost of the cash awarded to the account!
Other Current TradeKing Promotions
TradeKing promotions can change often, but you can always check their promotions page for updates.
Some of the current promotions below.
$150 In Transfer Fees Refunded
Get up to $150 in transfer fees (charged by your current broker) refunded when you switch to TradeKing.
- Complete and submit the Account Transfer Form, along with your most recent statement.
- Complete and submit a Transfer Reimbursement Form, along with proof of transfer charge.
- All details at the Promotions Page.
$50 Refer A Friend
If someone you refer funds a new account with at least $3,000 and executes 3 trades, TradeKing will deposit $50* into both of your accounts.
- No limit – the more friends you refer, the more you earn
- Simple dashboard to keep track of your referrals
- See the Promotions Page for details.
$25 In Wire Transfer Fees Back
Save when using a wire transfer to fund your TradeKing account with this offer.
- If you make an initial deposit of $5,000 or more, you are eligible to have the wiring fee reimbursed up to $25.
- This offer does not apply to Retirement accounts.
- See the Promotions Page for details.
Promotions From The Competition:
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- Best Fidelity Investing Bonuses, Promotions June 2025
- J.P. Morgan Self-Directed Investing Up To $700 Bonus – Ends 7/22/25
- E*Trade Brokerage Promotion: Up To $10,000 In Cash Bonuses Promo Code REWARD24 – Ends 7/31/25
- Best Online Brokerages for Stock Trading & Investing
- Mastering Margin Trading with Interactive Brokers
- J.P. Morgan Personal Advisors: Personalized Financial Plan & Ongoing Fiduciary Advice
- Merrill Edge Promotions: $1000 Investment Offer, Up To $7500 Secret Offer
- Charles Schwab Brokerage Bonus: $100 To $1000 Sign-Up Offer
- E*Trade Brokerage Promotion: Up To $1,000 In Cash Bonuses For Existing Accounts – Ends 2/29/24
- Plus500 Futures Trading Promotion: Up to $200 First Deposit Bonus
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