Global AutoTrading provides an automated trading service where client accounts are traded based on recommendations from investment newsletters the client subscribes to. Global AutoTrading does not recommend specific investments or newsletters. The firm trades equities and options. Clients decide which newsletters they want to follow, and Global AutoTrading executes the trades.
Fee Structure
Global AutoTrading charges a monthly fee based on the number of newsletters being followed and the account's net liquidity if it's over $100,000. One newsletter costs $70 per month, a second is $30 more, and each additional newsletter is $10 per month. For accounts over $100,000, the fee is multiplied by a scaling factor based on the account's size. For example, an account with $150,000 following one newsletter would pay $105 per month ($70 x 1.5).