AMP Futures / AMP Global Review
futures io futures trading


AMP Futures / AMP Global Review
Updated: Views / Replies:170,044 / 464
Created: by kalalex Attachments:30

Welcome to futures io.

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

futures io is the largest futures trading community on the planet, with over 100,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

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

Reply
 30  
 
Thread Tools Search this Thread
 

AMP Futures / AMP Global Review

  #441 (permalink)
Vancouver, WA
 
Trading Experience: Intermediate
Platform: Jigsaw, MC.NET, ToS, IB
Broker/Data: St5/IronBm/Rithmic, IB, ToS
Favorite Futures: Emini ES
 
Posts: 55 since Apr 2019
Thanks: 499 given, 85 received

AMP Came Through Quickly

To their credit, AMP resolved the address issue pretty quickly and was responsive by email.

Reply With Quote
The following user says Thank You to redneck4Christ for this post:
 
  #442 (permalink)
the coin hunter
virginia
 
Trading Experience: Intermediate
Platform: ninja
Favorite Futures: NQ
 
cory's Avatar
 
Posts: 5,966 since Jun 2009
Thanks: 826 given, 7,754 received


redneck4Christ View Post
..rolled an IRA...

very few brokers specialize in handling IRA for future trading. I used to have it with Vison Future I think they are out of business now. Your best bet is to go with InteractiveBrokers.

Reply With Quote
The following 3 users say Thank You to cory for this post:
 
  #443 (permalink)
Vancouver, WA
 
Trading Experience: Intermediate
Platform: Jigsaw, MC.NET, ToS, IB
Broker/Data: St5/IronBm/Rithmic, IB, ToS
Favorite Futures: Emini ES
 
Posts: 55 since Apr 2019
Thanks: 499 given, 85 received

eCheck Payment



4trading View Post
I assumed BillPay was an eCheck. I was wrong - at least with one of my financial institutions. The bank/credit union just writes a check on my account and physically mails it with snail mail.

I see how BillPay could be convenient for someone that still pays by check, but in the era of electronic payments, it is a bit archaic IMO.

The USPS is not exactly foolproof. My neighbor brings my mail incorrectly delivered to him about 6 to 12 times per year.

"Assumption is the mother of error."

P.S. I recently used BillPay also. Waiting, waiting, waiting...


For many of my utilities and other payees, Billpayer is an eCheck because they have the capability to receive funds electronically. AMP does have that capability but does not facilitate eCheck anywhere close to as well as other places I have used Billpayer or eCheck payment. If I had to pay $30 (AMP's charge for wire transfer) for every bill payment, I couldn't afford very much after paying all my bills.

AMP's ACH method of removing funds from my account seemed to work pretty well. We'll see how well tomorrow when the funds are supposed to be in my account. But, it turns out, their ACH process for funding an account is not quite as good as tying a check to a rock and launching it east (from the Left Coast) with a trebuchet. I think I would have figured out sooner that the trebuchet didn't work and would have spent less time messing with it.

Reply With Quote
The following user says Thank You to redneck4Christ for this post:
 
  #444 (permalink)
Vancouver, WA
 
Trading Experience: Intermediate
Platform: Jigsaw, MC.NET, ToS, IB
Broker/Data: St5/IronBm/Rithmic, IB, ToS
Favorite Futures: Emini ES
 
Posts: 55 since Apr 2019
Thanks: 499 given, 85 received

Self Directed IRA's


cory View Post
very few brokers specialize in handling IRA for future trading. I used to have it with Vison Future I think they are out of business now. Your best bet is to go with InteractiveBrokers.

Mike may scold us for going of topic but I couldn't resist saying I THINK my IRA rollover to a self-directed TD Ameritrade account is going SWIMmingly.

Reply With Quote
 
  #445 (permalink)
Market Wizard
Boca Raton
 
Trading Experience: Advanced
Platform: Variety
Broker/Data: Optimus Futures, LLC
Favorite Futures: Futures
 
mattz's Avatar
 
Posts: 2,447 since Sep 2010
Thanks: 2,369 given, 3,642 received


cory View Post
very few brokers specialize in handling IRA for future trading. I used to have it with Vison Future I think they are out of business now. Your best bet is to go with InteractiveBrokers.

Most of the time, it's a straight forward process if the broker/FCM has a relationship with the custodian. In our experience, Midland has been great, and they work with most FCMs (including AMP).

Matt Z
Optimus Futures

There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.

Last edited by mattz; May 29th, 2019 at 09:26 PM.
Reply With Quote
 
  #446 (permalink)
Legendary Market Wizard
Houston, TX
 
Trading Experience: Advanced
Platform: XTrader
Broker/Data: Advantage Futures
Favorite Futures: Energy
 
Posts: 3,212 since Dec 2013
Thanks: 2,604 given, 5,839 received


redneck4Christ View Post
For many of my utilities and other payees, Billpayer is an eCheck because they have the capability to receive funds electronically. AMP does have that capability but does not facilitate eCheck anywhere close to as well as other places I have used Billpayer or eCheck payment. If I had to pay $30 (AMP's charge for wire transfer) for every bill payment, I couldn't afford very much after paying all my bills.

AMP's ACH method of removing funds from my account seemed to work pretty well. We'll see how well tomorrow when the funds are supposed to be in my account. But, it turns out, their ACH process for funding an account is not quite as good as tying a check to a rock and launching it east (from the Left Coast) with a trebuchet. I think I would have figured out sooner that the trebuchet didn't work and would have spent less time messing with it.

I think Wire In, ACH Out is pretty standard. $30 may be a little high for a wire, but everybody charges $20+

Reply With Quote
The following 2 users say Thank You to SMCJB for this post:
 
  #447 (permalink)
Vancouver, WA
 
Trading Experience: Intermediate
Platform: Jigsaw, MC.NET, ToS, IB
Broker/Data: St5/IronBm/Rithmic, IB, ToS
Favorite Futures: Emini ES
 
Posts: 55 since Apr 2019
Thanks: 499 given, 85 received

Wire in, ACH out?


SMCJB View Post
I think Wire In, ACH Out is pretty standard. $30 may be a little high for a wire, but everybody charges $20+

I am too new to electronic trading dispute this. TD Ameritrade and Schwab must be exceptions because with both of them, I funded using ACH and was up and trading in a day or two. Application, funding, trading in less than a week vs 6 weeks of fumbles and foibles on both sides (AMP and mine) and account canceled the day before funding was cleared. In my narrow view of the trading land, AMP was the odd funding labyrinth.

Reply With Quote
The following user says Thank You to redneck4Christ for this post:
 
  #448 (permalink)
Geneva, Switzerland
 
Trading Experience: Advanced
Platform: SierraChart / TradingView
 
Posts: 64 since Dec 2015
Thanks: 74 given, 23 received

Is it possible to trade concurrently the Sierra Chart and MetaTrader 5 platforms ? Or will one of the two be read-only ?
Ideally, I would like to trade futures from SC but monitor the trades on MT5 where I’ll use a trade copier (mql script) to slave another MT5 CFD account. Can it be achieved ?


Last edited by Kalisto; July 15th, 2019 at 04:28 PM.
Reply With Quote
The following user says Thank You to Kalisto for this post:
 
  #449 (permalink)
Market Wizard
Boca Raton
 
Trading Experience: Advanced
Platform: Variety
Broker/Data: Optimus Futures, LLC
Favorite Futures: Futures
 
mattz's Avatar
 
Posts: 2,447 since Sep 2010
Thanks: 2,369 given, 3,642 received


NapoleonDynamite View Post
Is it possible to trade concurrently the Sierra Chart and MetaTrader 5 platforms ? Or will one of the two be read-only ?
Ideally, I would like to trade futures from SC but monitor the trades on MT5 where Iíll use a trade copier (mql script) to slave another MT5 CFD account. Can it be achieved?

Yes, it is possible to view MT5/Sierra via the same account. But, CQG charges an additional fee for the 2nd user, and additional data feed because you will need different credentials for each machine. However, to the best of my knowledge, you can later between the two while paying one fee (in case you do not need both at the same time).

MT5 could be connected also to a CFD broker, but why would you use a market maker to trade futures or vice versa? (rhetorical question) different quotes and markets (exchange versus a single market maker).

Thanks,
Matt Z
Optimus Futures

There is a substantial risk of loss in futures trading. Past performance is not indicative of futures results.

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.
Reply With Quote
The following 3 users say Thank You to mattz for this post:
 
  #450 (permalink)
Skokie
 
Trading Experience: Intermediate
Platform: SierraCharts, Bookmap,
Favorite Futures: ES, CL
 
Posts: 9 since Apr 2019
Thanks: 4 given, 29 received

Optimus Futures - AMP - Rithmic - Sierra high volatility week stability review


I wanted to share my experience this week while working in a pretty volatile market.
During peak times this week, fast moving market, i have noticed that few people i work with had issues with their data feeds and executions using GAIN and other feeds. It is really hard to point the finger at a data provider as there are other variables involved such as individual internet connections, software, hardware setups etc.

What i did want to reiterate is that my setup worked without a flaw, was getting great fills during those resource demanding moments. That really solidified my confidence with my my choices.

Thanks again to Matt at Optimus Futures and their team for helping me choose and streamline my feeds/software.

Jerry
Rithmic (connected to Aurora servers)
RTraderPro
Bookmap
SierraCharts.

Reply With Quote
The following 7 users say Thank You to dextrade for this post:

Reply



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

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)
 

futures io is celebrating 10-years w/ over $18,000 in prizes!

Right now
 

$250 Amazon Gift Cards with our "Thanks Contest" challenge!

Right now
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
WWW.EFUTUREVISION.COM 'Elegant & High Win %--for selective/technical traders...review researcher247 Trading Reviews and Vendors 34 December 5th, 2017 10:30 AM
AMP Futures and Mirus (NinjaTrader Brokerage as of June 30 2014), which one is better owen Reviews of Brokers and Data Feeds 378 January 9th, 2017 12:17 AM
data for S&P futures jsd45 Emini and Emicro Index 2 March 9th, 2012 01:19 PM
Trade & Hunt Futures Trading Futures Hunter Trading Journals 4 February 21st, 2012 04:29 AM
Stock, Option, Futures & FOREX broker? TonyB Reviews of Brokers and Data Feeds 8 November 16th, 2011 07:39 PM


All times are GMT -4. The time now is 02:25 AM. (this page content is cached, log in for real-time version)

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