Question about AMP Futures fees

Discussion in 'Retail Brokers' started by rudi20, Jun 21, 2020.

  1. AMP_Futures

    AMP_Futures ET Sponsor

    Cool. yes, this is the new Rithmic API: R Protocol API
    It has been identified and updated to be included in the $0.10 billing.
    You will see the credit/adjustment on your statement

    Happy Trading!
     
    #41     Aug 26, 2020
  2. Millionaire

    Millionaire

    Thanks for sorting this for me :thumbsup:

    At $0.1 per API trade, my trades will be less than what IB was charging me before i switched to AMP.

    I think IB was $4.02 for each roundturn, with AMP and Rithmic it is looking like it will be $3.70.

    There was no minimum at IB and Rithmic want minimum $100 per month, but i will exceed that so its not really a concern.
     
    #42     Aug 26, 2020
    AMP_Futures likes this.
  3. virtusa

    virtusa


    MES can faster add 1 countract then ES, because for that MES needs only $250, while ES needs $2,500. This advantage compensates largely the extra cost as long as you can compound. So as long as you compound it is more profitable to trade MES instead of ES.

    In my example the compounding for MES stopped in April (yellow cells). From that moment on ES could catch up as ES could still compound while MES could not anymore. You can see that in the monthly summary where monthly volume MES got blocked.

    This is the upper part of the calculations:
    2020-09-07 18_13_38-Microsoft Excel - emini.xlsx.jpg

    This is the monthly summary:
    2020-09-07 18_23_32-Microsoft Excel - emini.xlsx.jpg
     
    #43     Sep 7, 2020
  4. trawer29

    trawer29

    If you're not FLAT then it will cost 0,78 RoundTrip...

    I'm with you for the free Sierra Chart but once I got enoguh money to pay the platform each month or find another broker that offerts it free, i will definetely change it... your agents are so impatient and rude, without any desire to answer the questions, besides each day the agents are the same people...

    Definetely sometimes it is worth paying a little higher for a better customer experience.
     
    #44     Oct 21, 2020
  5. AMP_Futures

    AMP_Futures ET Sponsor

    Correct. if your account is setup on Volume-Tiered Pricing, For the CME Micros using CQG datafeed: Total (All fees included) per Side $0.39

    We have many customers using Sierra Chart - connecting to CQG, Rithmic and TT-Denali (combo).

    Here is an article with details on Sierra Chart (pricing) versions available at AMP - Package 3 is FREE (No Monthly Fee) or Package 5 is Discounted price ($25 per month) for AMP Customers.

    https://support.ampglobal.com/hc/en...ierra-Chart-pricing-versions-available-at-AMP

    Once live account is funded with minimum of $100 you will get streaming, continual access to both live and demo.

    If you need any assistance, please contact our 24 hour help desk in real-time via Phone or Live CHAT: https://www.ampfutures.com/contact-us/

    Happy Trading!
     
    #45     Oct 22, 2020
  6. tony.m

    tony.m

    AMP
    It is $0.44 NOW.
     
    #46     Feb 23, 2021
  7. Overnight

    Overnight

    #47     Feb 23, 2021
  8. tony.m

    tony.m

    I saw the memo after I posted :)
     
    #48     Feb 24, 2021