Not sure I altogether share your perspective on that one. For me, it goes to "the type of people with whom one wants to do business"; it leaves a pretty bad taste in my mouth, anyway. And showed appalling judgment, in my opinion. And then, as Bob says, they're very small, anyway.
This thread was last active in 2015 - For current info, please check out AMP's Newest Cheaper Pricing https://www.elitetrader.com/et/thre...s-pricing-now-as-low-as-0-15-per-side.301868/
That's incorrect: it was last active 15 minutes before my post. I don't "bump" threads inactive since 2015. Forum sponsor or not, this thread isn't for you to promote your services. It's for members to comment on our perceptions of AMP. The clue lies in the word "Review" in the title line.
Personally, I appreciate any correction of outdated or incorrect information - no matter the source. The more recent, all the better. Things are constantly changing. BTW I have no opinion on AMP yet. That is why I am here reading, starting with the most recent.
Amp is the best for the retail crowd who doesn't need much hand holding. If your a complete newbie without a strategy, plan, or any sense of risk management, you will likely blow out faster with lower margins so you are prob better going to some place like stage 5 who offers much higher day margins.
I agree algofy and understand the downside of futures leverage. It cuts both ways. Increased leverage is only good if you are winning and the internet and broker/exchanges are 100% operational. Otherwise, options offer limited risk.
@AMP_Trading , what sort of techniques is AMP hitting profitable customers with that Im receiving $ 29.00 usd for these "Correction Charges" quoting from Jeff from support@ampfutures: "Here is a support article explaining - https://support.ampglobal.com/hc/en...xplanation-of-Synchronization-in-MetaTrader-5 after reading, please let us know if you have any questions. Im attaching images of the charges....
I was able to get through with Jeff @ amp nite desk, he explained to me that this is NOT a charge but a calculation logic assessment. The fact that it reads "Correction charge" made me jump the gun. Appreciate AMP nite desks help!
yes, this is fully explained in the support article. It is a local platform "MT5" real-time account balance sync with CQG. Difference: Since you are trading on the Regulated Exchanges, such as CME and EUREX vs. most other MT5 brokers (where you are trading a CFD > Secondary Market created by a liquidity provider) where your trades are processing locally on your brokers MT5 server. Using AMP's MT5 - to trade Exchange-Traded Futures there is constant communication between you "the trader", the Exchange you are trading "CME". This communication between the exchange and you is provided by CQG. As stated in the article, The terminology is admittedly not the best. Since all the Futures trades are being executed on the exchange, there are no trade "corrections". We have request to remove "corrections" from the label in order to avoid any confusion, but we were told since this function is an automated function in MT5 > it is hard-coded, unable to change the function label name. Everyone, please take the time read the support article, it should do a good job explaining this [synchronization] activity. https://support.ampglobal.com/hc/en...xplanation-of-Synchronization-in-MetaTrader-5