Global AutoTrading provides automated trading ("autotrading") of investment newsletters to its clients, allowing clients to quickly act on newsletter alerts while they sleep, work or play. With the integration of Tradier's API, Global AutoTrading is able to quickly and reliably submit orders to Tradier Brokerage, Inc. as communicated by newsletter alerts.
Global AutoTrading charges a flat per-service, per-account monthly fee for autotrading for accounts with less than $100k in equity: |
The first service autotraded in an account is $70 per month; the second service costs an additional $30 per month; each subsequent service. costs an additional $10 per month. Some newsletters require more than one allocation line (for example, if the newsletter trades both stocks & options); each allocation line counts as a service for autotrading billing purposes. You are free to autotrade only stocks or options (or both). |
For accounts with more than $100k in equity, a multiplier is applied to the per-service fees described above. The multiplier is the account's net liquidation value divided by 100,000. For example, an account with a net liquidation value of 150k USD autotrading a single service would pay $70 x (150k / 100,000) = $70 x 1.5 = $105 per month. The net liquidation value used will be the highest net liquidation value in the current calendar month. |
If a client wants 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). |