AMP and Teton

Discussion in 'Retail Brokers' started by ondafringe, Dec 14, 2022.

  1. mervyn

    mervyn

    Resolution?
     
    #31     Aug 30, 2023
  2. WELD

    WELD

    Well AMP says that is their clearing fee and they just give it the name of the service that is going through.
    Sierra Chart didn't like that they use the word "Teton" in conjunction with their fees but what can they do.
    It seems that Teton does not free you from clearing fees just because Sierra states that it is at no cost to the clearing firm.
    However I do save 20cents per round trip still. Which is significant when trading micros.
    Cheers
     
    #32     Aug 30, 2023
    mervyn likes this.
  3. mervyn

    mervyn

    Package 12 costs 46 bucks, it does make sense if you trade lot of micros.
     
    #33     Aug 31, 2023
  4. hilmy83

    hilmy83

    What's your RT for mes,mnq etc?
     
    #34     Aug 31, 2023
  5. ondafringe

    ondafringe

    $1.04 for MES. Pretty sure MNQ is the same.
     
    #35     Aug 31, 2023
  6. WELD

    WELD

    @mervyn package 11 sufficies unless you need MBO information, but yes agreed.

    @hilmy83 1.04, like ondafringe, but note that is with less than 10K on the account and only few contracts traded each month, you can get a bit better I think past 10K account since and certain traded monthly volume of contracts I believe.
     
    #36     Aug 31, 2023
  7. Does anyone know how to get AMP to activate teton? Sierra Chart say AMP have to activate it but I am unable to get a sAMP upport chat to reply! Thanks
     
    #37     Dec 18, 2023
  8. ondafringe

    ondafringe

    Try this:
    1. Make sure you have no open positions and no trade executions for that day
    2. Login to your funded AMP account
    3. Select Trade Desk from left panel
    4. Under that, select Live Trading Setup Request
    5. At top, click New Live Trading Setup Request
    6. Fill out the form
    7. At the bottom of the form, select Sierra (Teton)
    8. Be careful of checking the lower margin option due to higher commissions
    9. Submit the form
    If you had any trade executions for that day, wait until after 5 PM Central Time to submit your request.

    AMP may or may not send you an email when your new setup is complete, but it should take less than 24 hours.

    Once you've been switched, follow the Teton setup instructions.
     
    Last edited: Dec 18, 2023
    #38     Dec 18, 2023
    theanalyst likes this.
  9. Ah perfect. Many thanks :)
    On a sidenote is anyone here using Teton? I've been fine with CQG and was reluctant to fix something that 'ain't broke' but Teton just looks a lot faster and better in so many areas?
     
    #39     Dec 18, 2023
    ondafringe likes this.
  10. WELD

    WELD

    I made a Youtube video about how to set up Teton for AMP but I would probably violate a rule posting it here even though it is not monetized.
    I will try to reach you in a different way.

    As to your sidenote, its pretty damn fast! No hickups so far.
     
    Last edited: Dec 18, 2023
    #40     Dec 18, 2023
    ondafringe and theanalyst like this.