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AMP Futures and Mirus (NinjaTrader Brokerage as of June 30 2014), which one is better
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AMP Futures and Mirus (NinjaTrader Brokerage as of June 30 2014), which one is better

  #181 (permalink)
Elite Member
Sydney Australia
 
Futures Experience: Advanced
Platform: SierraCharts, NT
Favorite Futures: ES,TF,CL, SPI,
 
Posts: 78 since Nov 2010
Thanks: 6 given, 23 received

AMP bad attitude

I could not agree more about their attitude towards customers. Hopeless, dishonest and disinterested.
Unfortunately, i am still with them because of the data feed CQG's markets it covers (aussie SPI) and it is the only reliable data feed for over 200 ms ping during opening session on ES.

It is unbelievable that businesses can be run like this even if it is for a short term profit. They got me in based on trading the SPI, and they do not even clear it, just supply the data. Of course, Jeff, the super salesman, did not bother to mentioned that, quoting me the commission. It is illegal to gain customers in a misleading manner.
So watch out guys and use other broker if you can ( not in the same predicament I am in)


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  #182 (permalink)
Elite Member
Sydney, Australia
 
Futures Experience: Intermediate
Platform: NinjaTrader, Sierra Chart
Broker/Data: Zen-Fire
Favorite Futures: DAX, ES, 6E
 
GotItForCheap's Avatar
 
Posts: 9 since Feb 2010
Thanks: 33 given, 1 received

AMP on the SFE/ASX24


dlatbm View Post
They got me in based on trading the SPI, and they do not even clear it

Did you happen to find out who AMP are using to clear SFE trades? My email on this topic went unanswered...

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  #183 (permalink)
Elite Member
Sydney Australia
 
Futures Experience: Advanced
Platform: SierraCharts, NT
Favorite Futures: ES,TF,CL, SPI,
 
Posts: 78 since Nov 2010
Thanks: 6 given, 23 received



GotItForCheap View Post
Did you happen to find out who AMP are using to clear SFE trades? My email on this topic went unanswered...

Same here, but I will call them during their BH next week and let you know. Are you trading through them as well?
They do advertise on their website SFE's margins requirements so I do not get it.

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  #184 (permalink)
Elite Member
Amherst, New York
 
Futures Experience: Advanced
Platform: NinjaTrader
Favorite Futures: ES, 6E
 
Posts: 75 since Jun 2010
Thanks: 13 given, 14 received

Mirus

"Mirus will not allow you to on-the-fly convert stop order to market order.......what that means is, you basically cannot place your order and then later change it to a better-priced order if the current market price presents itself......."

Anyone run into this problem still?

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  #185 (permalink)
 Vendor: www.traderwerks.com 
Taipei Taiwan
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: Optimus
Favorite Futures: TW
 
Posts: 693 since Jun 2009
Thanks: 440 given, 440 received

You don't need to post the question in two threads. It makes it hard to follow.

Could you be more specific? Is it a stop-limit or stop-market order?

No one can technically convert a stop-order to a market order on the exchange. You will issue a cancel to your stop order and then send a market order. So trying to understand your question, say the market is 56x58 and you enter a long stop and 60. So what you are saying is that if the market drops to 54x55 , you want to change you stop order to a market order ?

Math. A gateway drug to reality.
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  #186 (permalink)
Elite Member
Amherst, New York
 
Futures Experience: Advanced
Platform: NinjaTrader
Favorite Futures: ES, 6E
 
Posts: 75 since Jun 2010
Thanks: 13 given, 14 received

resolved

ok..thanks.

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  #187 (permalink)
Market Wizard
virginia
 
Futures Experience: Intermediate
Platform: ninja
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traderjcf View Post
ok..thanks.

use the thanks button at lower right corner.

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  #188 (permalink)
Banned: trolling
NYC + NY / USA
 
Futures Experience: Advanced
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traderjcf View Post
"Mirus will not allow you to on-the-fly convert stop order to market order.......what that means is, you basically cannot place your order and then later change it to a better-priced order if the current market price presents itself......."

Anyone run into this problem still?

no offense, but what are you talking about?

why would you need to do this?

if you're trading Emini futures, how long are you holding the position, that something like this request would ever be valid?

why not simply close the position and decide to re-establish or take another position?

do you actually trade?, with a mindset like this? (no offense)

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  #189 (permalink)
Trading Apprentice
Calgary, Alberta
 
Futures Experience: Advanced
Platform: SR, TWS
Favorite Futures: CL, GC
 
Posts: 29 since Jan 2012
Thanks: 7 given, 14 received

A few years ago when i wanted to start using the zen-fire feed i was choosing between Amp and Mirus. From phone conversations with each Mirus was the easy choice. Mirus reps provided information whereas the AMP reps came off as 'sales people'. i have had zero issues with Mirus or Zenfire since opening the account. Now that Amp does their own clearing i believe that they can offer lower commisions but i like the idea of staying with a large fcm (RCG) with mirus vs being with a brand new FCM at AMP. It also seems to have become a cqg (amp) vs zf (mirus) battle...

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  #190 (permalink)
Elite Member
Sydney Australia
 
Futures Experience: Advanced
Platform: SierraCharts, NT
Favorite Futures: ES,TF,CL, SPI,
 
Posts: 78 since Nov 2010
Thanks: 6 given, 23 received



loonietrader View Post
A few years ago when i wanted to start using the zen-fire feed i was choosing between Amp and Mirus. From phone conversations with each Mirus was the easy choice. Mirus reps provided information whereas the AMP reps came off as 'sales people'. i have had zero issues with Mirus or Zenfire since opening the account. Now that Amp does their own clearing i believe that they can offer lower commisions but i like the idea of staying with a large fcm (RCG) with mirus vs being with a brand new FCM at AMP. It also seems to have become a cqg (amp) vs zf (mirus) battle...

you are absolutely spot on so if zf covered more markets, the ones cqg/amp covers, they would gain lots of new customers from AMP.

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