AMP Futures / AMP Global Review - futures io
futures io futures trading



AMP Futures / AMP Global Review


Discussion in Brokers

Updated by westmalle
      Top Posters
    1. looks_one mattz with 38 posts (69 thanks)
    2. looks_two Scalpguy with 31 posts (26 thanks)
    3. looks_3 Big Mike with 25 posts (68 thanks)
    4. looks_4 steve2222 with 21 posts (29 thanks)
      Best Posters
    1. looks_one Peter with 5.2 thanks per post
    2. looks_two Big Mike with 2.7 thanks per post
    3. looks_3 mattz with 1.8 thanks per post
    4. looks_4 steve2222 with 1.4 thanks per post
    1. trending_up 199,686 views
    2. thumb_up 788 thanks given
    3. group 144 followers
    1. forum 545 replies
    2. attach_file 43 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 100,000 members
  • 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 and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

AMP Futures / AMP Global Review

(login for full post details)
  #31 (permalink)
hk
 
Experience: Intermediate
Platform: NinjaTrader
 
Posts: 51 since Apr 2010
Thanks: 19 given, 16 received

why u back to Optimus ? Any advantage among other brokers ?

kalalex View Post
My short experience as a futures trader so far.

I tried 4 brokers/3FCMs so far since I restarted trading futures after 15 years absence.

1. Tradestation: I chose it because it was the platform I used 15 years ago. I did a little research afterwards and found more reliable, easier to use platforms with more choices so I moved on.

2. Optimus/Vision: I was with them for about 5 months. During that time I didn't have one instance where I got disconnected during trading hours. My account dwindled to 60% threshold where I wanted to stop trading,,,and wanted to fresh start so I moved to AMP.

3. AMP: I only chose AMP because of their datafeed which is CQG and market breadth index. Commission rate was ok because I was paying almost the same to Optimus. I had the account for 2 weeks because of the reasons I posted earlier.

4. Global: They clear through AMP so I moved with them. Their commission rate was same till AMP began charging $0.20 CQG fee and guys and gals work their are very customer service oriented and their office was kind of local to me. I wanted to stay with these guys but I had more than 4 times where I got disconnected during trading since mid Feb. Global has 2 or 3 other FCMs but AMP(FCM) is only one that I can use Ninjatrader which I invested too much into already.

5. So,,,,,,I'm back to Optimus now.


Reply With Quote
The following user says Thank You to energetic for this post:

Can you help answer these questions
from other members on futures io?
Degiro Negative Balance Advice
Traders Hideout
NinjaTrader Applications Rejected
Brokers
QDEL
Stocks and ETFs
Macros for flatten and reverse
TradeStation
3x Fangdango
Traders Hideout
 
Best Threads (Most Thanked)
in the last 7 days on futures io
VWAP for stock index futures trading?
36 thanks
Coronavirus COVID-19
19 thanks
Battlestations: Show us your trading desks!
15 thanks
Price Action Kewltech Style
10 thanks
The CL Crude-analysis Thread
9 thanks
 
(login for full post details)
  #32 (permalink)
Up the Ladder, CA
 
Experience: Beginner
Platform: SC
Broker: Optimus & AMP
Trading: ES
 
kalalex's Avatar
 
Posts: 216 since Mar 2011
Thanks: 247 given, 143 received


energetic View Post
why u back to Optimus ? Any advantage among other brokers ?

Short or long answer?

I'll make it short.

I don't want to make another mistake.
And leaving Optimus was a typical newbie reaction after losing such as changing platform, changing system, changing this & that instead of looking inward for solution and answer. I want to stay away as much as possible from newbie mentality. This is one of the reason.

Other reasons,,,commissions, datafeed, service, etc,,,,it's all here in the thread.

Reply With Quote
The following user says Thank You to kalalex for this post:
 
(login for full post details)
  #33 (permalink)
NY
 
 
Posts: 90 since Sep 2009
Thanks: 53 given, 22 received


About AMP Futures communication channels:

Leaving apart a phone call, I used to be able to chat or contact brokers in quick manner; it's too inefficient to use emails.
Sometimes they are not replied, other times the replies are 'standard'.

Do they offer any Skype, MSN, Chat address....?

Reply With Quote
The following user says Thank You to paulg for this post:
 
(login for full post details)
  #34 (permalink)
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
 
cory's Avatar
 
Posts: 6,000 since Jun 2009
Thanks: 831 given, 7,836 received


paulg View Post
About AMP Futures communication channels:

Leaving apart a phone call, I used to be able to chat or contact brokers in quick manner; it's too inefficient to use emails.
Sometimes they are not replied, other times the replies are 'standard'.

Do they offer any Skype, MSN, Chat address....?

Toll Free: 800.560.1640
or you can go to ampclearing.com home, tech support, call number to get 6 digits and use them to start a chat session.

Reply With Quote
The following 2 users say Thank You to cory for this post:
 
(login for full post details)
  #35 (permalink)
Calgary, Canada
 
Experience: Advanced
Platform: NinjaTrader
Broker: IB, AMP/CQG
Trading: Futures
 
Posts: 11 since Apr 2012
Thanks: 11 given, 12 received

I've been with AMP for a little while and don't find them to be any better or worse than any other brokers I've been with in the past. The customer service could definitely improve but overall they handle my questions and concerns on the few occasions I've had to call or e-mail. Transferring funds to and from my accounts is usually completed with 24 hours by wire.

Commissions and order fills are good. CQG & NT work flawlessly together.

my 2c

Reply With Quote
The following 3 users say Thank You to DaxSkalpr for this post:
 
(login for full post details)
  #36 (permalink)
Paris 11(france)
 
Experience: Beginner
Platform: X_Trader, sierra chart, ninja
Broker: Velocity before ilq before advantage futures, amp, ntbrokerage
Trading: crude, zb
 
Posts: 1 since Jan 2011
Thanks: 37 given, 1 received


Reply With Quote
The following user says Thank You to plm66 for this post:
 
(login for full post details)
  #37 (permalink)
Amherst, New York
 
Experience: Advanced
Platform: NinjaTrader
Trading: ES, 6E
 
Posts: 76 since Jun 2010
Thanks: 14 given, 18 received


DaxSkalpr View Post
I've been with AMP for a little while and don't find them to be any better or worse than any other brokers I've been with in the past. The customer service could definitely improve but overall they handle my questions and concerns on the few occasions I've had to call or e-mail. Transferring funds to and from my accounts is usually completed with 24 hours by wire.

Commissions and order fills are good. CQG & NT work flawlessly together.

my 2c


I have had no problems with AMP and Dan has gotten back to me quickly when I had a question...

My only problem so far is when I go into cowboy mode trading 6E in the middle of the night and I "wake up" the next morning with major draw down

Reply With Quote
The following user says Thank You to traderjcf for this post:
 
(login for full post details)
  #38 (permalink)
@ Germany
 
Experience: Beginner
Platform: NinjaTrader
Broker: Mirus Futures/Zen-Fire
Trading: FDAX
 
Posts: 494 since Nov 2011
Thanks: 356 given, 416 received

I've contacted AMP to get commission quotes or similar (i don't know anymore) and since then i got annoying spam mails from AMP regarding several trading topics. And of course without any "unsubscribe" link. I thought that this is prohibited by law.

Due to that, i would NEVER join AMP as a customer.

Reply With Quote
The following user says Thank You to Koepisch for this post:
 
(login for full post details)
  #39 (permalink)
seoul, Korea
 
Experience: Intermediate
Platform: Multicharts
Broker: CQG, DTN IQfeed
Trading: YM 6E
 
treydog999's Avatar
 
Posts: 896 since Jul 2012
Thanks: 291 given, 1,023 received

I have been a customer at AMP for almost 2 years now. I did get the matched commissions quote so thats a good thing. Their service blows the big one. Ok so in their client portal if you want the low intraday margins, you have to set your chart provider and subscription. however THEY PURCHASE IT FOR YOU. No its not telling them what you want, its buying it. Took me 2 weeks to get that refund for multicharts lifetime license, which I already have. Ok, now the low intraday margin also increased my commissions by 300%, yes you heard me, i was paying near 9$ a round turn on M6E. No refund there. Now I am getting CQG data outages on sundays, even when I leave my computer on to catch all the real time data. If i reload a chart, it all disappears. So I am having some major issues.

Reply With Quote
The following user says Thank You to treydog999 for this post:
 
(login for full post details)
  #40 (permalink)
NY
 
 
Posts: 90 since Sep 2009
Thanks: 53 given, 22 received



treydog999 View Post
I have been a customer at AMP for almost 2 years now. I did get the matched commissions quote so thats a good thing. Their service blows the big one. Ok so in their client portal if you want the low intraday margins, you have to set your chart provider and subscription. however THEY PURCHASE IT FOR YOU. No its not telling them what you want, its buying it. Took me 2 weeks to get that refund for multicharts lifetime license, which I already have. Ok, now the low intraday margin also increased my commissions by 300%, yes you heard me, i was paying near 9$ a round turn on M6E. No refund there. Now I am getting CQG data outages on sundays, even when I leave my computer on to catch all the real time data. If i reload a chart, it all disappears. So I am having some major issues.


Simply ask them to rectify the commissions / margins. Also account size can make a difference in your options to get better commissions, according to the AMP Cost Calculator
Also note that most of the broker feeds has maintenance period and it' could be on Sundays.
About losing historical data, this depends which data you are talking about: if they are realtime indicators calculated on historical bid/ask then it depends on software and backfill datafeed. CQG feed provided by AMP could not be the best solution in order to obtain that kind of service.
If, instead, the issue is about Multicharts, then it's better if you contact that TSSupport. Also you may need to update the latest CQG MAPI module (ask for the specific procedure for the update).
Hope this helps.

Reply With Quote
The following 3 users say Thank You to paulg for this post:


futures io Trading Community Trading Reviews and Vendors Brokers > AMP Futures / AMP Global Review


September 4, 2020


Upcoming Webinars and Events
 

An Afternoon With futures io member TropicalTrader

Elite only
     



Copyright © 2020 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
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.
no new posts