NexusFi: Find Your Edge


Home Menu

 





AMP Futures and Mirus (NinjaTrader Brokerage as of June 30 2014), which one is better


Discussion in Brokers

Updated
      Top Posters
    1. looks_one Big Mike with 35 posts (58 thanks)
    2. looks_two kronie with 19 posts (1 thanks)
    3. looks_3 AMP Trading with 16 posts (7 thanks)
    4. looks_4 sandman with 13 posts (8 thanks)
      Best Posters
    1. looks_one scalpingticks with 9 thanks per post
    2. looks_two sysot1t with 8.3 thanks per post
    3. looks_3 SimpleSimon with 1.8 thanks per post
    4. looks_4 Big Mike with 1.7 thanks per post
    1. trending_up 192,735 views
    2. thumb_up 276 thanks given
    3. group 104 followers
    1. forum 378 posts
    2. attach_file 7 attachments




 
Search this Thread

AMP Futures and Mirus (NinjaTrader Brokerage as of June 30 2014), which one is better

  #101 (permalink)
 
kronie's Avatar
 kronie 
NYC + NY / USA
 
Experience: Advanced
Platform: "I trade, therefore, I AM!"; Theme Song: "Atomic Dog!"
Trading: EMD, 6J, ZB
Posts: 796 since Oct 2009


AMP Trading View Post
I am truly shocked after reading this thread. I can not believe what I am reading.

AMP prides itself in being the largest NinjaTrader brokerage, over 30+ NinjaTrader specialist here to help!
We offer multiple datafeeds integrated into NinjaTrader such as CQG & Zenfire.
24 hour trade desk and technical support desk.

I want to personally extend myself as the futures.io (formerly BMT)F point of contact. If you are an AMP existing customer or a prospective trader looking for the best NinjaTrader brokerage and you want to get your answers filled, call me directly 312 893 7700

Also, any feedback (good or bad) please email me directly.

The name of your AMP contact will be useful in rewarding good service and correcting faults.

Dan Culp


In spite of the invitation, I would guess, that unless a person has a monetary incentive to bother to follow up, it might not happen, and certainly will not happen to the degree anticipated or expected.

Simply put, the invitation helps in your business endeavour, to attempt to correct what has soured so many active traders towards their negative experiences. In so doing your vested interest is obvious, its just not obvious to the respondent, why they would bother or even care.

just an observation,

because a number of brokers always say, on these trader threads, I put the offer out there, and no one ever responded. Well that's a very good reason why....

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
NexusFi Journal Challenge - April 2024
Feedback and Announcements
Build trailing stop for micro index(s)
Psychology and Money Management
Are there any eval firms that allow you to sink to your …
Traders Hideout
Better Renko Gaps
The Elite Circle
Online prop firm The Funded Trader (TFT) going under?
Traders Hideout
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
60 thanks
Funded Trader platforms
37 thanks
NexusFi site changelog and issues/problem reporting
24 thanks
GFIs1 1 DAX trade per day journal
22 thanks
The Program
19 thanks
  #102 (permalink)
 
kronie's Avatar
 kronie 
NYC + NY / USA
 
Experience: Advanced
Platform: "I trade, therefore, I AM!"; Theme Song: "Atomic Dog!"
Trading: EMD, 6J, ZB
Posts: 796 since Oct 2009


monpere View Post
I would also recommend DeepDiscountTrading. They have the lowest commission of all brokers, they have exceleent customer service. The drawbacks for me are, they use TT back end, You don't get true tick by tick data, OCO orders are held locally on your PC, NT has problems with account balance if you hold positions overnight with them.

CAUTION

I once had a position, on STrategy Runner Pro, using an auto trader application, that took a position, and the broker (Alaron) did their nightly accounting and never picked up existing positions held overnight, nor did it produce its anticipated margin call for full margin.

As a result, the position remained active for two trading days before I realized that I had a phantom order that was separated from its OCO stop/targets.

Those rotten, worthless ..... that answered the phone and in the respective departments at Alaron, cared less.

So, by way of reference, if you already know that your platform drops orders, tread carefully, more along the lines of don't even waste time getting into the same experience.

Reply With Quote
  #103 (permalink)
 
kronie's Avatar
 kronie 
NYC + NY / USA
 
Experience: Advanced
Platform: "I trade, therefore, I AM!"; Theme Song: "Atomic Dog!"
Trading: EMD, 6J, ZB
Posts: 796 since Oct 2009



shali27 View Post
I've been with AMP for about a year and their customer service is abominable. They're rude, abrasive and misinformed. I've been hung up on a number of times. Frequently, I get what I call the "Amp Shuffle." I'll call up with a question, only to get shuffled around to about four different people before I finally get an answer, usually a wrong one. The only person there who seems to have any clue is the guy who handles the money wires and other accounting matters. Sometimes they'll ask me who my broker is but it's irrelevant anyway. And God forbid you should give them control over your computer. One time, the guy made my computer go all haywire and then said, "see, the problem is your computer." Another time, the "tech" was hovering the mouse over the buy and sell buttons when the DOM was NOT in SIM mode, completely oblivious to how disconcerting this was, and utterly clueless about what he was doing in the first place.

In a word: RUN... as fast as you can. I'm in the process of setting up an account with Mirus. They've seemed very professional so far in my phone conversations with them. Hoping for a better experience than Amp.


not surprised to hear that either,

that about sums up the situation,

and, don't think, you're escalating matters to the principal will make matters turn out any better,

that's just further cause to expedite moving your account as fast as you possibly can.


Hey, other than that, what a firm.

Reply With Quote
  #104 (permalink)
 
kronie's Avatar
 kronie 
NYC + NY / USA
 
Experience: Advanced
Platform: "I trade, therefore, I AM!"; Theme Song: "Atomic Dog!"
Trading: EMD, 6J, ZB
Posts: 796 since Oct 2009

ok,

here's a thought,

offer $250 day trade margins on the popular equity eminis


see what that does for business


just a thought.....

Reply With Quote
  #105 (permalink)
 
kronie's Avatar
 kronie 
NYC + NY / USA
 
Experience: Advanced
Platform: "I trade, therefore, I AM!"; Theme Song: "Atomic Dog!"
Trading: EMD, 6J, ZB
Posts: 796 since Oct 2009


DonaldFauntleroy View Post
AMP is really horrible.

I opened an account several weeks ago.
From day one the account value was wrong.
I never received any account statements by email.
I never was able to log in to the client area to view any statements.
When closing Ninja it warned me several times of open positions where there were none (maybe they mixed up 2 accounts somehow)

I sent 2 mails which were not answered, so I closed my account.
Of course I never got the realtime indexes which AMP promised with CQG.

And by the way, my account is still open and shows a nice balance which clearly isn´t mine (LOL tempted to do some trades, but OK).

What a mess.

And mirus? They answer at least to mails. But they don´t even know which contracts can be traded with them. They wanted to tell me that I must have traded the M6E through Sim account, because it can´t be traded live with them.
Of course it can be traded. The other micros? I still don´t know, they didn´t bother to find out. An email to RCG went unanswered. What a competent service.

I`ll give Optimus a try, I think. Hope they are better......

so did you find a broker that allows you to trade the E-Micros?

Reply With Quote
  #106 (permalink)
 AMP Trading 
Chicago
 
Posts: 40 since Feb 2011


kronie View Post
In spite of the invitation, I would guess, that unless a person has a monetary incentive to bother to follow up, it might not happen, and certainly will not happen to the degree anticipated or expected.

Simply put, the invitation helps in your business endeavour, to attempt to correct what has soured so many active traders towards their negative experiences. In so doing your vested interest is obvious, its just not obvious to the respondent, why they would bother or even care.

just an observation,

because a number of brokers always say, on these trader threads, I put the offer out there, and no one ever responded. Well that's a very good reason why....


kronie View Post
I think your firm would be great if you didn't hold grudges, seems those last forever, burning bridges in this close knit, loosely formed, community is not only a contradiction its expensive on the advertising budget....

cheers

@kronie, seems to me that you are the one holding a grudge.

Copy and pasting post from previous threads; this was corrected for this trader when it was reported.

Not sure what you are trying to accomplish, but in my opinion you are is doing a diservice to active traders.

So for any traders ready this thread, I would not take one traders "grudge" with our risk manager and pass on the opportunity to use AMP services.

Reply With Quote
  #107 (permalink)
 
kronie's Avatar
 kronie 
NYC + NY / USA
 
Experience: Advanced
Platform: "I trade, therefore, I AM!"; Theme Song: "Atomic Dog!"
Trading: EMD, 6J, ZB
Posts: 796 since Oct 2009


AMP Trading View Post
@kronie, seems to me that you are the one holding a grudge.

Copy and pasting post from previous threads; this was corrected for this trader when it was reported.

Not sure what you are trying to accomplish, but in my opinion you are is doing a diservice to active traders.

So for any traders ready this thread, I would not take one traders "grudge" with our risk manager and pass on the opportunity to use AMP services.

the beauty of these threads is it allows traders to speak to other traders and express their experiences and views.

obviously if a trader wants to, cares to, or doesn't speak to a vendor, that's their choice, and certainly not something for which you or anyone else can find fault with

whether or not I agree with other traders, and quote them in my replies will never be any of your concern or otherwise, nor that of another trader, because these are trader threads and boards, not vendor (advertising) boards...

as traders, we're all to familiar with the hucksters and hack vendors of hype and "teach you how to trade" products, and so called trading rooms that do all they can to prevent traders from speaking to other traders and preventing another trader having a similar bad experience, out of human kindness....

the best prevention from bad experiences being shared by other traders is improvement and correction of one's products, businesses and services,

whether that's your interest or not, I don't care!

the other experiences evidently speak for themselves, and I weigh in support of their views...

so, their grudge, well hey

Reply With Quote
  #108 (permalink)
 
kronie's Avatar
 kronie 
NYC + NY / USA
 
Experience: Advanced
Platform: "I trade, therefore, I AM!"; Theme Song: "Atomic Dog!"
Trading: EMD, 6J, ZB
Posts: 796 since Oct 2009


sysot1t View Post
I would say that is a personal decision given we all have different criteria as to whom we consider safe to hold our money... I base mine on how well capitalized the FCM is, the amount of funds of other people at hand, and what facilities they provide for reporting and dealing with year end taxes.

You can find info on capitalization from the CFTC...

Financial Data for FCMs

and I have taken the liberty of attaching a comparison of the FCM's I track ... and lastly, always check the complaints and fines against them, but keep in mind to view them objectively.

I hope that helps on your decision making.


could you post the current rankings and attachment?, since this is dated

thanks

Reply With Quote
  #109 (permalink)
 
kronie's Avatar
 kronie 
NYC + NY / USA
 
Experience: Advanced
Platform: "I trade, therefore, I AM!"; Theme Song: "Atomic Dog!"
Trading: EMD, 6J, ZB
Posts: 796 since Oct 2009


sharky View Post
lol i had an account with mirus they where ok,i simmed in amp and the data feed was good but your right they where full of hot air and they called me alot to try to get me to open a account,some of the calls where rude and i finally told them this is sharky do you know me when they said yes i said please dont call me with your bs anymore and they didnt.now im with optimus and matt has taken care of all my needs,he lets me do things at my own pace and he arranged it so i can trade how i trade...sharky



wow,

what an experience

seems this is the right thread to be sharing thoughts......

Reply With Quote
  #110 (permalink)
 AMP Trading 
Chicago
 
Posts: 40 since Feb 2011



kronie View Post
the beauty of these threads is it allows traders to speak to other traders and express their experiences and views.

obviously if a trader wants to, cares to, or doesn't speak to a vendor, that's their choice, and certainly not something for which you or anyone else can find fault with

whether or not I agree with other traders, and quote them in my replies will never be any of your concern or otherwise, nor that of another trader, because these are trader threads and boards, not vendor (advertising) boards...

as traders, we're all to familiar with the hucksters and hack vendors of hype and "teach you how to trade" products, and so called trading rooms that do all they can to prevent traders from speaking to other traders and preventing another trader having a similar bad experience, out of human kindness....

the best prevention from bad experiences being shared by other traders is improvement and correction of one's products, businesses and services,

whether that's your interest or not, I don't care!

the other experiences evidently speak for themselves, and I weigh in support of their views...

so, their grudge, well hey


You keep saying that you had a bad experience - I am still unclear - what was the bad experience?

AMP risk management sucks - is how I remember this conversation starting.

I agree - forums are a great place for traders to openly discuss trading. I have not read one trading scenario in this thread and your comments regarding AMP are not inline with AMP's "actual customer" feedback.

If you want to even, Private message me your AMP trading account number - at least I will know you are a real customers, not a broker mis-representing AMP.

Reply With Quote




Last Updated on January 9, 2017


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts