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AMP Trading - how reliable


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AMP Trading - how reliable

  #1 (permalink)
 zikonc 
san ramon
 
Experience: Beginner
Platform: ninja
Broker: zen
Trading: es, 6e
Posts: 136 since Oct 2009
Thanks Given: 98
Thanks Received: 76

Hi guys......I was wondering if I could get everyone's opinion on how reliable is AMP Trading.....I mean their service as a broker but also their technical infrastructure........so, I was watching end of the day price breakout on 6E and I lost a connection when the price was about to cross 1.4708 resistance.......i am on sim this late in the game but still.....it was due to happen and I am sure a lot of people were waiting for it......I never experienced a situation like this one through Mirus.........I appreciate your feedback....thanks.......ziko

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  #2 (permalink)
 
DavidHP's Avatar
 DavidHP 
Isla Mujeres, MX
Legendary Market Wizard
 
Experience: Advanced
Platform: NinjaTrader
Broker: Ninjatrader / Optimus Futures / AmpFutures
Trading: ES / 6E / 6B / CL
Frequency: Every few days
Duration: Minutes
Posts: 1,612 since Aug 2009
Thanks Given: 11,341
Thanks Received: 2,747

I think Mirus and Amp both use Dorman's Zenfire feed.
So if one is down the other may be affected.

However, I did not experience the outtage you show and I'm using both AMP and IB's data feed.

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  #3 (permalink)
 zikonc 
san ramon
 
Experience: Beginner
Platform: ninja
Broker: zen
Trading: es, 6e
Posts: 136 since Oct 2009
Thanks Given: 98
Thanks Received: 76


thanks david......although weird things could happen on my end i just find it odd that my ISP provider would glitch at the price break.........but if you were OK then I wont go into conspiracy theories........hehehe.....thanks again.....

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  #4 (permalink)
 dandxg 
Denver, Colorado
 
Experience: Intermediate
Platform: Ninja Trader
Trading: ES, CL, anything that makes $$
Posts: 178 since Nov 2009
Thanks Given: 164
Thanks Received: 77


zikonc View Post
Hi guys......I was wondering if I could get everyone's opinion on how reliable is AMP Trading.....I mean their service as a broker but also their technical infrastructure........so, I was watching end of the day price breakout on 6E and I lost a connection when the price was about to cross 1.4708 resistance.......i am on sim this late in the game but still.....it was due to happen and I am sure a lot of people were waiting for it......I never experienced a situation like this one through Mirus.........I appreciate your feedback....thanks.......ziko

Yep me too on GC with Amp. Came back in 2 minutes I believe. Djon the moderator from EOT told me he had had problems with AMP calling him back once about a trade. They sure beat my door down whenever I sign up for a demo. BTW it wasn't my net connection everything else was fine on 2 different machines just them.

I should mention that was the first time I had an issue with their data. Frankly if the market was bursting on high volume I could understand them throttling the simmers since we are noy paying to spare data for paid customers but I don't think this was the case, it was towards the end of ES regular trading session.

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  #5 (permalink)
 zikonc 
san ramon
 
Experience: Beginner
Platform: ninja
Broker: zen
Trading: es, 6e
Posts: 136 since Oct 2009
Thanks Given: 98
Thanks Received: 76

Well, I have not heard many complaints about the zenfire data so my immediate suspicion was AMP especially since I don't have any experience dealing with them......

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  #6 (permalink)
kandlekid
College Point, NY (Queens)
 
Posts: 63 since Nov 2009
Thanks Given: 5
Thanks Received: 20

The only problem I've had with AMP in the last say 8 months (running demo only) is when they roll over their demos. Then I have to get a new user id. Otherwise, I've got no complaints.

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  #7 (permalink)
 
lynmark1's Avatar
 lynmark1 
SoFla
 
Experience: Intermediate
Platform: NT
Broker: Ninja Trader/CQG
Trading: e-mini equities
Posts: 20 since Jun 2009
Thanks Given: 13
Thanks Received: 5

I have been using bith Mirus and Amp and at different times when there are problems similar to yours there is always a different explanation of what happened and why. I would suggest you get real familair with your broker and demand satisfaction or take business elsewhere. ALL OF THESE BROKERS ARE UNDERSTAFFED IMHO (FORMER BROKER) so understand what they must be going through when it affects several hndred people calling in looking for answers.

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  #8 (permalink)
biorjin
hampton, va
 
Posts: 3 since Jun 2009
Thanks Given: 0
Thanks Received: 1

my experience with AMP is okay. Low commission, great data feed from zenfire

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  #9 (permalink)
 Zoethecus 
United States of America
 
Experience: Advanced
Platform: NT
Posts: 1,145 since Aug 2009


biorjin View Post
my experience with AMP is okay. Low commission, great data feed from zenfire

What are your commission costs all in and what do you trade?

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  #10 (permalink)
texbest
fort worth, tx usa
 
Posts: 5 since Dec 2009
Thanks Given: 4
Thanks Received: 1


i use amp and proactive. amp for ninja and proactive for the openecry platform (their version is ez trader) amp is ok, fritz calls me back very quickly and i havent had problems with proactive. however, lions futures also has the openecry (free atm strat) and will help you install t/s indicators on the platform and with under 4.00 r/t comm. hope this helps

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