AMP futures - Question about fees on statements

You can't trade 10 ES @ 300 margins with only 3k on deposit.

 

I'm in the process of signing up for AMP (current broker is IB). The original post seems a little old - the AMP margins are now $400 (at least for ES).

Does anyone know if the charges listed on the cost calculator at http://www.ampfutures.com/Cost_Calc.html are complete and accurate or whether we should be factoring something additional in?

 

Same here since IB shutdown the IRA futures trading... I'm looking to use AMP. Any clarification would be good, thanks.

 

The AMP Cost Calculator is accurate: https://portal.ampclearing.com/account/commissionquote.aspx

 

Thanks for the clarification our application is with your new accounts team.

 

I have an account with AMP and will probably change if I start to trade more seriously. I'm not sure if this is the best I can do, but this is my cost breakdown for a recent NQ trade (a total of $5.52 RT).

Exchange 2.30

NFA 0.02

Clearing 1.00

CQG TRF 0.20

Commission 2.00

NinjaTrader (Clears through Dorman) gave me this quote:
Exchange: 2.32
NFA: 0.02
Commission: 1.46
for a RT of 3.78

Intraday margins for TF, ES, NQ, and YM are $500 which is quite good I think.

Anyone using NinjaTrader?

Thanks.

 

Here is AMP rates: https://portal.ampclearing.com/account/commissionquote.aspx

AMP is cheaper.

Not sure if you are clearing AMP via one of our IBs....which they set their own rates.

 

After a very long time I placed some trades in my account with AMP and I am shocked to see the commissions. I was charged $10.12 for R/T per contract for Crude Oil trade.
I use Ninjatrader.
Wondering if anybody knows why.

 

You can probably do better. Talk to your introducing broker if you have one. Otherwise talk to AMP. Compare other brokers.

 

Ok I got the issue resolved.
I don't remember doing it but I was told by AMP that I selected $300 margins and that is why I was charged $10 for r/t.
Its back to $4.62 for r/t.