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AMP Futures and Mirus (NinjaTrader Brokerage as of June 30 2014), which one is better
Platform: Ninjatrader, Motivewave, tradestation and metatrader
Trading: eur/usd, Oil, ES
Posts: 16 since Sep 2011
Thanks Given: 3
Thanks Received: 12
I was thinking of joining Mirus. I know mike is with them and would like to know how he is getting along with them. How are the fills and slippage and things like that. Would apreciate it if anyone using Mirus could reply.
Thanks
By the way, I never thanked Mike for his work. so thanks a lot for all your effort and guidance and your commitment to help others.
I've been with Mirus/RCG for about 3 years and haven't had one single problem (knock on wood). I would suggest choosing RCG as the FCM if having the ability to view your clearing info in real-time is important for you, otherwise Dorman is fine as well (I've tried both). Also, RCG is relatively well capitalized.
My broker responds to any questions I have promptly, usually within minutes. It would be nice if they had at least one more data feed option though (right now they only offer Zen-Fire for futures). Hope that helps.
My experience with them is that if everything runs smoothly they are ok (fills, reliability).
Sometimes I got connection problems (obviously not on my side because I used some other providers which were running ok).
In these times (in other words when you need their help) they reacted in unforeseeable ways sometimes even repulsing.
Didn't show real interest in solving the problems ("probably a problem with your ISP").
Finally my impression was that they try to move away from retail.
It seems AMP Futures (Dan) membership has been revoked recently. I will add to his defense that the way he handled my problem is worth some attention. He credited me half of the losses (that were caused by their trade desk's mistake and platform update because of holidays) back and withdrawal process was very smooth. He was very kind during the process.
Well I am not here to defend anybody, and I will admit I do not live in a glass house myself. But Dan getting banned, well in my eyes is a bit subjective, Mike said it was from him self promoting his company, so if that is the rules, then it is deserved by that means, but I do not see many threads that are that appear to be promoting, more less a defense of his job and company he works for.
Any person, that owns a business, or works for one that he believes in will be defensive of anybody talking smack, whether it is legit or not, it is human nature, no one like to be slammed, and we as humans will take it all a bit differently.
Now could Dan of handles some of this better, well in my eyes yes, maybe a bit harsh on some of the comments, but everyone has a breaking point, but as customer service you have to hide it and he did not do a great job of that here, maybe he does it better one to one, not sure as I do not have him as a account manager, maybe one day I will speak to him and be better to judge it better, but for know I can only be honest.
Now I do not know Dan, never spoke to the guy. Yes as i have said before I have a account with AMP, so as you can see, I have been partial on my opinions of them. For myself, they have been a better broker, I have a few others I have accounts with, but tend to stay with AMP as I get taken care of. In any business you will never make everybody happy, just not possible, not every person will click with each other as well. Trust me, I have owned, built and sold many business's, this is just the nature of it all.
I do have one broker I used in the past, They have not been mentioned here, and I will keep it that way since it is AMP vs MIRUS thread, and I had issues all the time, my account manager sucked, I thought he was rude, so I packed up and left. I see so many other on futures.io (formerly BMT) rave about them, but this just goes to show you that some can have a good experience with one, and others can not, it is just the cycle.
So my overall opinion is that I personally like AMP better, but as anybody else you must try others and test the waters to see what works best for yourself, maybe AMP will loose some business over this, maybe not, but they are a strong player in the futures broker market and have a lot of good resources at hand over there in my opinion.
As in any business, when you grow, get bigger sometimes the personal butt kissing goes way, when you are smaller like some other brokers yes they will kiss your butt, but remember folks, if they grow, it will eventually go away, it shouldn't, but it will. Just a fact.
I can almost guarantee that in time we will see another new broker pop up, will be small, growing and hungry for business, they will in return have better commissions, great butt kissing customer service ect. to when you over. Then one person will have a bad experience and a new thread will start on them, LOL.
Anyways, just my opinions, thoughts on this. Time to go to work and take some of my other fellow traders MONEY today, at least that is the plan!!
I had the same question. If they admitted fault and only covered half I would not be happy.
"The day I became a winning trader was the day it became boring. Daily losses no longer bother me and daily wins no longer excited me. Took years of pain and busting a few accounts before finally got my mind right. I survived the darkness within and now just chillax and let my black box do the work."
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