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AMP Futures / AMP Global Review
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AMP Futures / AMP Global Review

  #221 (permalink)
Trading for Fun
Ragusa Italy
 
Futures Experience: Advanced
Platform: If only I knew...?!
Favorite Futures: ES, FDAX
 
Posts: 50 since Jan 2014
Thanks: 6 given, 24 received


Jonson View Post
hi met68
I recommend you not to despair and to recover, tie your account to another broker and make money

;-)

There was a nice spread trade shortly after the open today, but alas, AMP have blocked my account.....

Will give OEC another try. Hopefully they have resolved the FIX connection issues between them and Sierrachart. May also give eSignal a try (in combo with OEC), as eSignal seem to have some spread trading capability (to replace X_Trader Pro, which I used with AMP).

In summary, a whole lot of time and money wasted thanks to the repeated and manifold incompetences of AMP. Therefore certainly not a broker I would recommend to anybody who trades seriously.

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  #222 (permalink)
Elite Member
Russia, St.Petersburg
 
Futures Experience: Advanced
Platform: Sierra Chart
Broker/Data: AMP/Rithmic
Favorite Futures: Futures
 
Jonson's Avatar
 
Posts: 242 since Jan 2011
Thanks: 210 given, 108 received


met68 View Post
;-)

There was a nice spread trade shortly after the open today, but alas, AMP have blocked my account.....

Will give OEC another try. Hopefully they have resolved the FIX connection issues between them and Sierrachart. May also give eSignal a try (in combo with OEC), as eSignal seem to have some spread trading capability (to replace X_Trader Pro, which I used with AMP).

In summary, a whole lot of time and money wasted thanks to the repeated and manifold incompetences of AMP. Therefore certainly not a broker I would recommend to anybody who trades seriously.

The Rithmic trading platform service supports exchange traded spreads and strategies

* If investing gets too difficult for a seventh grader to understand, the system is needlessly complex
* Markets produce an enormous volume of information, much of which is redundant
* In every game and con there's always an opponent, and there's always a victim. The trick is to know when you're the latter, so you can become the former
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  #223 (permalink)
Trading for Fun
Ragusa Italy
 
Futures Experience: Advanced
Platform: If only I knew...?!
Favorite Futures: ES, FDAX
 
Posts: 50 since Jan 2014
Thanks: 6 given, 24 received


@ Jonson,

Thanks. I have tried the Rithmic platform and didn't get along with it. Just a personal thing. Also, I do not trade exchange traded spreads, but create my own instead.

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  #224 (permalink)
Elite Member
Germany Hamburg
 
Futures Experience: Intermediate
Platform: Sierra Chart, X Trader
Favorite Futures: 6E, ES,...,
 
Tudi's Avatar
 
Posts: 71 since Nov 2011
Thanks: 60 given, 38 received

Calender Spread

Hello,

Do know someone why AMP don´t allowed to trade Calenderspreads?

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

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  #225 (permalink)
Trading for Fun
Ragusa Italy
 
Futures Experience: Advanced
Platform: If only I knew...?!
Favorite Futures: ES, FDAX
 
Posts: 50 since Jan 2014
Thanks: 6 given, 24 received

AMP is getting more bizarre by the minute.

So apart from blocking my account for trading, I have spoken to the AMP support team about why my overnight spread position last Thursday was treated completely differently just a day later, resulting in a forced liquidation of part of the spread (or rather one leg of the spread). The support team tell me, that they cannot tell me, but that I need to contact trading@ampclearing.com, which seems to be the e-mail address of Dan Culp, who I think is the AMP President.

But I have not heard back from him.

In the meantime, I am finding that an other internal transfer has happened between my two accounts. But this transfer was not requested by me and both accounts are flat and have plenty of funds. So this is now the second time, AMP have transferred funds between my accounts without instruction from me to do so. And when I last requested such a transfer, the requested transfer did not happen.

I am glad to be getting out, as the rate of random AMP actions relating to my accounts is increasing at an alarming rate. They are clearly out-of-control now.

Time I think for me to get a solicitor involved, given the various things that have happened these last few days.

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  #226 (permalink)
Elite Member
Russia, St.Petersburg
 
Futures Experience: Advanced
Platform: Sierra Chart
Broker/Data: AMP/Rithmic
Favorite Futures: Futures
 
Jonson's Avatar
 
Posts: 242 since Jan 2011
Thanks: 210 given, 108 received


met68 View Post
AMP is getting more bizarre by the minute.

So apart from blocking my account for trading, I have spoken to the AMP support team about why my overnight spread position last Thursday was treated completely differently just a day later, resulting in a forced liquidation of part of the spread (or rather one leg of the spread). The support team tell me, that they cannot tell me, but that I need to contact trading@ampclearing.com, which seems to be the e-mail address of Dan Culp, who I think is the AMP President.

But I have not heard back from him.

In the meantime, I am finding that an other internal transfer has happened between my two accounts. But this transfer was not requested by me and both accounts are flat and have plenty of funds. So this is now the second time, AMP have transferred funds between my accounts without instruction from me to do so. And when I last requested such a transfer, the requested transfer did not happen.

I am glad to be getting out, as the rate of random AMP actions relating to my accounts is increasing at an alarming rate. They are clearly out-of-control now.

Time I think for me to get a solicitor involved, given the various things that have happened these last few days.

uhhh...

* If investing gets too difficult for a seventh grader to understand, the system is needlessly complex
* Markets produce an enormous volume of information, much of which is redundant
* In every game and con there's always an opponent, and there's always a victim. The trick is to know when you're the latter, so you can become the former
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  #227 (permalink)
Elite Member
Nashville, Tennessee
 
Futures Experience: Intermediate
Platform: Ninja / Jigsaw / 9G
Broker/Data: AMP / CQG
Favorite Futures: NQ, YM and ES
 
tderrick's Avatar
 
Posts: 1,589 since Sep 2010
Thanks: 4,260 given, 2,527 received


Jonson View Post
uhhh...




AJ
Nashville, Tennessee


"Life On The Edge of SR"
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  #228 (permalink)
Elite Member
desert CA
 
Futures Experience: Intermediate
Platform: NT7, TOS
Broker/Data: AMP/wCQG, TDA
Favorite Futures: CL,YM
 
Posts: 2,027 since Jul 2011
Thanks: 2,211 given, 1,549 received

Just a fun thought. I noticed when receiving a statement email from one my broker's AMP
that they also had an office address in Los Angeles! Right in Century City, Beverly Hills,
off of the Santa Monica Blvd. (google maps photos attached)

So probably somewhere in the building to the right. And the treeline on the far right is the
famous BH wooded area.

Interesting, TDAmeritrade (/w ThinkorSwim) also has a nice new office area close to the Rodeo and Wilshire central
areas of Beverly Hills. Like a new financial trading area of the West coast traders.


AMP Global Clearing | NinjaTrader | AMP Global Clearing (FCM)

Chicago Office - 221 N LaSalle St, 24th Floor | Chicago | Illinois | 60601

Los Angeles Office – 1801 Avenue of the Stars, Suite 800 | Los Angeles | California | 90067

Attached Thumbnails
AMP Futures / AMP Global Review-amp_la1.jpg   AMP Futures / AMP Global Review-amp_la2.jpg   AMP Futures / AMP Global Review-tdameritrade-thinkorswim-_bh.jpg  
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  #229 (permalink)
Elite Member
Houston, Texas
 
Futures Experience: Beginner
Platform: NinjaTrader
Favorite Futures: futures
 
learning0101's Avatar
 
Posts: 246 since Aug 2011
Thanks: 3,381 given, 184 received

????????????

If so many people have probs why do you still use them?
Just move on??
Not like there aren't many options to chose from??


Last edited by learning0101; June 9th, 2014 at 07:55 PM. Reason: options
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  #230 (permalink)
Elite Member
Hong Kong
 
Futures Experience: Beginner
Platform: Jforex, MetaTrader4, NinjaTrader, MultiCharts, Sierra Chart
Favorite Futures: TF, NG, CL, GC, FDAX, FGBL
 
Posts: 38 since May 2013
Thanks: 37 given, 35 received

reason



learning0101 View Post
If so many people have probs why do you still use them?
Just move on??
Not like there aren't many options to chose from??

The main reason some people still stick with Amp is because of their low day-trading margin and the lowest commission for those connecting to TTnet.

Now that the new Ninjatrader brokerage has very low commission for lifetime license holders, I'm switching to them next month. I really had enough of Amp's unprofessional and discourteous way of dealing with so many problems!!! I'd rather pay slightly higher commission at the Ninjatrader broker (Continuum is slightly more expensive than Amp's TTnet currently), then to worry sick about my AMP account!!!

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