Just noticed that I have two accounts with different margin requirements on MNQ for metatrader 5. I understand that @AMP_Global increased margins today due to FOMC, but explain to me why one acccount, margin is set at $30/contract, while the other is set at $395/contract. @AMP_Global Honestly this back and forth of changing your margins need to stop But I want to know why there is this discrepancy. Please don't tell me you 'manually' adjust accounts, and some dude just messed this up.
Looks like other accounts do show $395/contract. It's jsut this one account I have showing $30/contract. Just wondering if anybody else see different numbers other than $395/contract at this moment.
Try putting a order (on account with $30 margin) far enough away from current price and see if if it takes. Even if it does likely that will change before 200pm EDT Note I'm not with Amp so can't comment as to why?
Why should they stop? Due to their margins being the lowest, on high volatility expected days its used as a safeguard
Yea, the $30 margin is legit AMP responded with they are going to ask MT5 and figure out why I dont know how often this error can happen. I use MT5 contract specification information (which gets updated as AMP updates their marigns) as part of my position size calculation. My bot doesn't trade on increased margin days. I hope that MT5 is not displaying "incorrect" margin information on the front end, when AMP actually has raised it. That would NOT be a good day if I ever find out after the fact.
These accounts are setup on different margin groups...the MT5 account on the right is set to standard margins - the MT5 account on the left is set on the special $30 margins. For MT5 the margins are symbol based, and adjusted today for the US Economic News Releases https://www.ampfutures.com/news/margin-changes-economic-news-releases We understand your need for your EAs to check margin requirements, so we will make sure the special $30 margins group is set to match the standard margins group during these News Releases.
TBH I'm surprised that account was under the $30 margin. I don't remember selecting that option when signing up that account. I should've checked the commission rate after 1st trading day to make sure it was correct. Anyway, thanks for the clarification. I requested to have the account moved to standard margins.
I'm on the other side of your trade. Fidelity offered to lend out two of my stocks...I think they would split any profits with me (I had no options on them). I chose not to lend... It's funny...My QQQ would earn diddly/squat (one half of one percent). But my Terumo TRUMY (Japanese company, I bought on the Tokyo Exchange), can earn over 14% yearly!!