Promotional Offers: Terms and Conditions
The offer is valid for one, new Ally Invest Securities LLC account per person. Offer is open to U.S. residents only and excludes current Ally Invest account holders and former Ally Invest (formerly TradeKing Securities LLC) account holders who have closed their accounts within the past 90 days. The new account must be opened using the Open Account button associated with this specific Promotional Offer to be eligible for the bonus(es). This offer is not transferrable and other restrictions may apply. Ally Invest can modify or discontinue this offer at any time without notice. This is not an offer or solicitation in any jurisdiction where Ally Invest is not authorized to do business.
Funding - Accounts must be opened by 9/30/19 and funded within 60 days of account opening to qualify for the bonus(es). The funds deposited into 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 qualify for the minimum cash bonus and up to 90 days of commission-free trades. Once the account is credited with the bonus(es), the bonus(es) and initial qualifying deposit (minus any trading losses) is not available for withdrawal for 300 days. If the qualifying deposit is withdrawn, the bonus(es) may be revoked.
Cash Bonus - The minimum qualifying deposit to receive a cash bonus is $10,000. Cash bonus levels are identified above. Accounts will be reviewed 60 days after account opening to determine the total qualifying deposit. Corresponding cash bonus will be credited to the account within 10 business days. Once the bonus is credited to the account, the bonus and qualifying deposit (minus any trading losses) is not available for withdrawal for 300 days. If the qualifying deposit is withdrawn, the bonus may be revoked.
Commission-Free Trades for up to 90 Days Bonus - The minimum qualifying deposit to receive the commission-free trades for up to 90 days bonus is $10,000. 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. There is no cash compensation for any unused free trade commissions. Mutual fund, bonds, exercise and assignment fees still apply. Once the bonus is credited to the account, the bonus and qualifying deposit (minus any trading losses) is not available for withdrawal for 300 days. If the qualifying deposit is withdrawn, the $500 commission credit may be revoked and Ally Invest may charge the account for the cost of the trades credited to the account.
Select Pricing - Ally Invest offers special pricing of $3.95 per equity trade and 50 cents per options contract for users who make 30 or more trades in the prior calendar quarter and/or maintain an average daily balance of more than $100,000 in the prior calendar quarter. Special pricing begins on day 1 of the first quarter of eligibility. Ally Invest charges an additional 35 cents per contract on certain option index products where the exchanges charge fees.
Transfer Fee Credit – If using an ACAT form, it must be received within 15 days of opening the new account. Account owners who complete a first-time ACAT transfer of $2,500 or more are eligible to receive a transfer fee credit of up to $150 to cover the outgoing transfer fee from the current brokerage firm. The credit will be deposited into the new account within 30 days of the receipt of evidence of charge. The credit cannot be applied to Termination or Maintenance Fees.
If you believe you have met the requirements and should have received the promotion please reach out to us at email@example.com or 1-855-880-2559.
Ally Invest requires a minimum opening purchase order of $100.00 per order in OTCBB and Pink Sheet stocks and adds 1 cent per share on the entire order for stocks priced less than $2.00. Maximum commission per order generally doesn’t exceed 5% of the trade value, other fees may apply. Ally does not accept opening trades for stocks below 1 cent per share. Some brokers may offer more competitive fees than the ones published if certain balances or levels of activity are met. Please contact each broker individually to confirm their commission schedule.
Ally Invest Securities' background can be found at FINRA's BrokerCheck.
Options involve risk and are not suitable for all investors. Click here to review the Characteristics and Risks of Standard Options brochure before you begin trading options.
Options investors may lose the entire amount of their investment in a relatively short period of time.
Investors should consider the investment objectives, risks, and charges and expenses of a mutual fund or ETF carefully before investing. A mutual fund/ETF's prospectus contains this and other information and can be obtained by emailing firstname.lastname@example.org.
Securities products and services are offered through Ally Invest Securities LLC, member FINRA and SIPC. Advisory products and services are offered through Ally Invest Advisors Inc., an SEC registered investment adviser. Investments are NOT FDIC INSURED, NOT BANK GUARANTEED and MAY LOSE VALUE.