Global Trading Academy

This company offers a free membership in a virtual paper trading club. The purpose of the site is to provide a simulated futures trading experience to educate future potential investors. Respondents who apply for membership are immediately permitted to start making futures trades with a fictitious amount of money assigned to all new members. Members are given a choice of the initial investment fictitious dollars to start trading with (from $1000 to $5000).~~According to promotional literature most new traders will loose their money initially thus promoting the learning experience by trial and error. Members whose balances fall below margin requirements will receive a prompt from the system to add more money to the account. Members can obtain additional sums of virtual or fictitious cash to add to the account to continue trading. The site currently offers the 20 most popular commodities. A $45 fictitious money round-turn commission is applied for each trade.~~Futures investments are considered high risks based on the facts that relative commodity markets fluctuate rapidly and ultimate value may change very quickly. Commodity futures investments are suitable only for those who can bear the risk of substantial loss. If solicited to invest rather than make an immediate decision insist upon written confirmation of all details of the offer and all verbal promises. Verify that the offer is registered or exempt from such requirement with your state securities commissioner.