Fees
Global AutoTrading charges a flat per-newsletter, per-account monthly fee for autotrading:
If you want to use multiple accounts (with the same broker), the 2nd and subsequent accounts get 20% off of their monthly autotrading fee (whether they are trading the same newsletters or not).
Please see also the current promotions page to see the various discounts available!
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.
In addition to the subscription fee, you will need to pay commission fees and other fees brokers typically charge (such as margin interest, if you borrow money from the broker).
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.
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 for example you'll see that autotrading through Global AutoTrading can be cheaper than autotrading through competitors, even including Global AutoTrading's monthly fee.
