Its been a week since I am live on mirus RCG. so far very happy with them specially with my account manager. Zenfire data is nice as well. i used to pay kinetick for unfiltered data but now no more.
the only thing i am not really too keen on is that they dont have a platform so that i can keep track of my account, orders and positions. but then again i am new to Mirus and maybe RCG offers something. I need to find out.
Happy trading guys.
The following user says Thank You to yusaf for this post:
I use Mirus and clear through Dorman. I like Mirus. Executions and commissions are fine. If you want to fund your account quicker, use a wire transfer.
I did look into Amp but ran away from them. They were too agressive. They were calling me everyday and inundating me with emails to open an account quickly. Even to this day, after teling them I wasn't interested, Amp still calls me. I've had Dan and his associates cold call me numerous times. Mirus is nicer. No pressure from anyone and I can get a hold of my contact easily.
I agree. I also went with Mirus after looking at both of them. The thing that turned me off with Amp was that they spammed my email with multiple emails a day after I contacted them. I still get a few a week.
No problems with Mirus service so far, and they have been very responsive the couple of times I've had to call them.
I traded same positions, same lot size with roughly the same account size.
Mirus is vastly superior. No comparison.
At amp, emails go unanswered, and the emergency trade line hung up on me.
Then one day, I had something really strange happen with an open eurofx position at amp. My cost basis moved 40 pips against me. I hadn't traded the contract or anything. Just out of the blue.
I asked the amp rep about it & the first words out of his mouth were: "I'm not surprised you're having problems managing a single contract position.". He continued by saying my post made no sense, they reported positions daily to thus & so & just generally implied I was a tiny trader who was crazy (I'm neither). Never an offer to investigate, try & find out what happened, make me whole if I lost (it was so confusing, I honestly couldn't tell). And he did that on an open forum.
And that was all I needed to know. I was very angry. At best, amp is rude, inefficient & doesn't take its customers seriously. At worst, they are dishonest.
They also do their own clearing which looks like it may be done out of a garage. They have less than $1 million in available capital & less than $30 million in client assets. That should be a concern in the aftermath of MF Global.
Trading at Mirus, by contrast was flawless & without a hitch. Emails & phone calls answered almost immediately. With Mirus you can clear through Dorman or Rosenthal Collins (I choose the latter, since they've been around since 1928 with >$1 billion in client assets).