Global AutoTrading Service Fees

Flat Monthly Autotrading Fee 

Global AutoTrading charges a flat monthly fee for autotrading. How much the fee is depends on the number of newsletters that a client is subscribed to, and how often trade alerts occur in each newsletter. The maximum fee is $100 per month. Fees for specific investment newsletters are listed in the newsletter's details page. Please see also the current promotions page to see how you can use Global AutoTrading for free!

There is no long term commitment required, and you do not need to prepay for more than one month at a time. If you cancel your subscription with at least 3 days notice before the next billing date, you will not be charged for the next month. 

Broker Fees

In addition to the subscription fee, you will need to pay commission fees (typically 1$ / trade for stocks) and other fees brokers typically charge (such as margin interest, if you borrow money from the broker). 

Here are more details about that 1$ / trade fee: the commission fee for equity trades is 0.005$ per share, with a minimum of 1.00$ per order and a maximum of 0.5% of the value of the order. The commission fee will be only 1$ for all orders of 200 shares or less. Option trades are 0.70$ / contract, with a minimum of 1$ / trade. Such low fees make it possible to start following newsletter recommendations with a small portfolio and not have all profits eaten up by commission fees. 

For more details about the broker's fees, including various exchange fees for option trades, please see the broker's web site. 

The minimum capital required for opening an account is only $5000. 

Why a Monthly Fee?

Global AutoTrading does not mark up the broker fees at all. What your account is being charged by the broker goes all to the broker. Global AutoTrading could mark-up the broker fees, but we felt that having a flat monthly fee would free people from worrying about how often newsletters trade so as not to incur too much commission fees. If you take a look at Interactive Brokers' cost comparison page, you'll see that autotrading through Global AutoTrading can be cheaper than autotrading through competitors, even including Global AutoTrading's monthly fee.