Cheapest Futures broker for daytrading

Discussion in 'Retail Brokers' started by whitewater2828, Aug 18, 2016.

  1. do you mean that I can trade with different data feeds using one account? if one platform is down I can use another platform?
     
    #11     Aug 18, 2016
  2. MattZ

    MattZ Sponsor

    We are an IIB, and AMP is our FCM. We will service you while using AMP as the FCM.
     
    #12     Aug 18, 2016
  3. MattZ

    MattZ Sponsor

    You can trade only one data feed via one account however apply to a number of softwares if necessary. However, in the event that one data fails, we can promptly switch to another.
    This is a very rare occurrence.
     
    #13     Aug 18, 2016
  4. Tradovate

    Tradovate Sponsor

    We offer a free 2-week trial where you can test out our platform in a risk-free simulated environment. Here is the link to sign up for the trial.

    At Tradovate, you don’t pay extra for a trading platform and orders are held securely at the exchange or server-side, never on your device. Traders can trade from desktop on Windows or Mac, log in from a web browser like Google Chrome, or go mobile with their phone and tablet (iPhone, iPad, and Android). Trade how you want from where you want; it’s all included with Tradovate.
     
    #14     Aug 18, 2016
  5. AMP_Futures

    AMP_Futures ET Sponsor

    AMP's Special Version of the Award Winning - MultiCharts includes all of these features for FREE!

    You can Connect to all 3 data datafeeds at the same time for backup: CQG, Rithmic, TTnet

    - No Monthly Platform Fees!
    - Free Historical Charting – 10 years back data
    - Free Chart Trading with One-Click
    - Free Drag-n-Drop (ATM) - Exit Strategies on DOM & Charts
    - Free Automated Trading & Strategy Optimization
    - Free 10 Levels Deep – Bid/Ask Prices
    - Free Market Replay – Tick-by-Tick
    - Free Server-Side OCO, Bracket, Trailing Stop Orders

    And More.....

    Free Real-time demo: http://www.ampfutures.com/platforms/ampmc-net-free/

    If you need any assistance with the setup, please do not hesitate to contact our 24 hour help desk via Phone or Live Chat: http://www.ampfutures.com/contact-us/

    Happy Trading!
     
    #15     Aug 18, 2016
  6. CBC

    CBC

    Just sign up with AMP whitewater :).

    Don't ask questions, just sign up.
     
    #16     Aug 18, 2016
    Overnight and AMP_Futures like this.
  7. FLfutures

    FLfutures

    In these mkts, I have not done 1,000 daily, for several months; trade at IB, although considered AMP.
    I've used very small FCMs in past, but one should be aware of capital base of clearing firms:
    http://www.cftc.gov/MarketReports/FinancialDataforFCMs/index.htm
    AMP has less than $ 2 1/2 million. I prefer my FCM to be worth more than I am. Yes, I'm aware of various safeguards, but that does not mean funds might not be tied-up in delays, should there be a problem.

    I have nothing against AMP, other than low capital, and although I don't yet do business with Matt at Optimus, we've communicated, and I think he is competent, and interested in his clients.
     
    #17     Aug 19, 2016
  8. wow GS is the biggest 17bil!
     
    #18     Aug 19, 2016
  9. SPT

    SPT

    They have segregated account for customer fund. I always keep my account balance less than 100K since only $40000 is required to execute 100 contracts. I can always withdraw free to Wellsfargo so I don't see a problem. I am not so sure, but I heard Optimus uses AMP as FCM so wouldn't Optimus get into problem if AMP goes bust?

    Obviously AMP is for day trading with low cost with low margin. For long term investment, I use bigger broker such as Tradestation since overnight margins are equal across all brokers.
     
    #19     Aug 19, 2016
  10. @whitewater2828, who is that broker, is it Transact Futures ?
     
    #20     Aug 19, 2016