Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Yes. As an account is set up at CQG, they will add entitlements for what market data you are permissioned to received. One of these are indexes. My last understanding (I have not checked on this at this second) was that all live funded accounts will receive the entitlement for indexes however, demo accounts will not.
Assuming your account is a live funded one, PM me your full name and I will follow up with AMP to see what the obstacle is.
Can you help answer these questions from other members on NexusFi?
that is for the newbies IMO... $500 ... trade one contract, and if it goes against you basically have to fund it again, and again, and again, and again... and I am sure their risk department has things setup to shutoff the account right away if something happens..
it is a great marketing technique to lower the barries of entry and attract lots of undercapitalized traders that are looking to learn and are following the hype..
And then there are those traders, some very well capitalized, who prefer to keep their trading capital closer to home. They appreciate the flexibility given to them by those low margin accounts.
I agree 100%, but those are two different things... no well capitilized trader will open an account with $500, unless to test the FCM and platform functionality... but will certainly take advantage of $500 margins (as i said, two different things) to trade, and keep at the FCM only what is needed to trade ones desired size... and the rest at a bank or an actual broker/dealer.
But if you are new and want to trade sim and you don't want to pay for a data feed and you want to practice on something besides Forex and all of your free trail accounts have dried up... $500 deposit solves the problem and afterward you can close the account and get your $500 back.
I'm just a simple man trading a simple plan.
My daddy always said, "Every day above ground is a good day!"
I don't think you can trade with $500. They just want the account funded for you to get the data feed for indexes( meaning they just want money in their account). I could be wrong, but thats what it sounded like. I brought it up because is AMP a new clearing firm, and it seems like they are desperate to get some money in their accounts.
"Yes. As an account is set up at CQG, they will add entitlements for what market data you are permissioned to received. One of these are indexes. My last understanding (I have not checked on this at this second) was that all live funded accounts will receive the entitlement for indexes however, demo accounts will not.
Assuming your account is a live funded one, PM me your full name and I will follow up with AMP to see what the obstacle is.
"
Ray, thank you for your help, but i already switched my license key back to zenfire, im not gonna be using amp for alot of different reasons which i don't want to make public.
I just wanted to say thank you, since at first, I thought the root of my problems was neglect on your side, but your development team was the one that actually helped me fix everything. My problem was my broker.
