Finance Feeds logo

TradeKing prepares customers for move to ally.com

Maria Nikolova

The move happens about one year after Ally announced the $275 million purchase of TradeKing.

It has been more than a year since US financial services provider Ally Financial Inc (NYSE:ALLY) announced the agreement to acquire TradeKing. Now, the two companies are setting the stage for TradeKing’s pending rebranding and a move to ally.com.

As part of Ally’s acquisition of TradeKing, TradeKing will soon be rebranded as Ally Invest. TradeKing Advisors will be rebranded as Ally Invest Advisors, offering professionally-managed portfolios through an automated online process.

Owners of TradeKing Securities or Advisors accounts will access their investing account on ally.com. There, they will find the features known from TradeKing, including the streaming platform, charts, and research tools. Trading will be integrated with banking features on ally.com.

Also, with the move to Ally, the TradeKing mobile app will be replaced by the Ally Mobile app, integrating trading features with Ally’s banking features. Regarding the TradeKing API, customers may see a change to the name of the API, but there’ll be no changes to the data responses or request endpoints.

TradeKing Forex

TradeKing Forex, as you may already know, is an introducing broker to Gain Capital. When TradeKing moves to ally.com, customers will access TradeKing Forex at a new URL. There will also be some changes to the name and branding of the trading platform, that is why:

  • ForexTrader Web users will need to update the URL.
  • ForexTrader Desktop users will need to download the updated software.
  • ForexTrader Mobile users will have to download the updated app to their phone through Apple’s App Store or the Google Play Store.
  • MetaTrader4 Desktop and Mobile users will have to download the updated software.

No functional changes are being made to the Forex site, trading platform, or software. There will be no changes to pricing either.

MB Trading

In August 2015, TradeKing agreed to acquire MB Trading and, now, the transfer to ally.com will have some impact on clients using MB Trading products, including mbtrading.com, Desktop Pro, or Futures. These customers may see a name change, but there are set to be no functional changes to mbtrading.com or software. Traders will continue to use their existing username and password to access statements and account information at mbtrading.com, and MB Trading Desktop Pro will continue to function as it does currently.

Subscribe

Read this next

Digital Assets

CoinMENA taps Zodia Markets for enhanced liquidity

“With Zodia Markets we substantially enhanced our service offering and can provide investors with more efficient avenues for entering and exiting the digital assets market, with minimal transaction costs and efficient settlement.”

blockdag

BlockDAG’s Rise: A Potential $20 By 2027 Against Bitcoin And Ethereum Classic’s Fluctuations, Achieving $19.5M In Presale

With projections setting BlockDAG’s value to soar to $20 by 2027, its innovative ASIC mining rigs and a strategic lunar keynote teaser enhance its allure as the top long-term cryptocurrency investment.

BlockDAG 1DAG equals
Chainwire

Unveiling the KARRAT Protocol: Pioneering the Next Era of Gaming, Entertainment, and AI Innovation, Reshaping Hollywood and Beyond

$KARRAT is the governance token of the KARRAT Protocol. Using $KARRAT, the community will determine how the KARRAT Protocol is integrated into games and products, empowering the community of players and consumers, much more than traditional entertainment titles have.

Digital Assets

FTX customers drop claims against Sam Bankman-Fried

Former FTX CEO Sam Bankman-Fried has reached a preliminary settlement agreement with a group of FTX customers who have decided to drop their class action lawsuit against him.

Sam Bankman-Fried
Digital Assets

Ontario court sues Binance for securities law violations

Ontario’s Superior Court of Justice has filed a class action lawsuit against cryptocurrency exchange Binance for allegedly selling crypto derivative products to retail investors without registration, violating securities laws.

Digital Assets

Mt. Gox sends yen, bitcoin, and bitcoin cash to creditors

Creditors of the defunct bitcoin exchange Mt. Gox have reported updates to their claim accounts, indicating specific amounts and dates for bitcoin and fiat currency repayments. According to posts on the Mt. Gox insolvency subreddit, the updates include completed status for fiat currency repayments.

Mt. Gox
Digital Assets

Ledger taps MoonPay for instant crypto purchase and token swaps

Crypto hardware wallets provider Ledger and digital payment processor MoonPay announced on Monday new features and products to sweeten their service offerings.

Retail FX

CySEC delists Leverate from investor compensation fund

The Cyprus Securities and Exchange Commission (CySEC) announced that Leverate, a provider of brokerage solutions for the financial services industry, has been excluded from its investor compensation fund today.

blockdag

Top Crypto Investment: BlockDAG Outpaces Bitcoin Price and Cardano ADA Upgrades, Securing $19.3M in Revolutionary Presale

After plummeting below the crucial $70,000 mark amidst geopolitical tensions, the Bitcoin price is signalling a recovery as it climbs past $63,000. Concurrently, Cardano ADA upgrades, particularly the much-anticipated Chang Hardfork.

BlockDAG Blueprint for DeFi success
<
✖