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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

  #371 (permalink)
shanemcdonald28
new york
 
Posts: 355 since Mar 2012
Thanks Given: 665
Thanks Received: 582

I have had excellent service from AMP for several years now. I use CQG, TTnet and Rithmic on multiple accounts there and they provide great support for all of the feeds and different platforms I use there. Multicharts, Rithmic trader, Xtrader and Sierra charts.

I have many different feeds to choose from and platforms also. Never had a mistake on statements, fees or commissions.

They have been great for me.


I also use TD , and Vision. I used Dorman previously but was not impressed with their service.


Thumbs up for AMP from me.

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  #372 (permalink)
 Righteous7 
Hong Kong
 
Experience: Beginner
Platform: Jforex, MetaTrader4, NinjaTrader, MultiCharts, Sierra Chart
Trading: TF, NG, CL, GC, FDAX, FGBL
Posts: 38 since May 2013
Thanks Given: 37
Thanks Received: 35


shanemcdonald28 View Post
I have had excellent service from AMP for several years now. I use CQG, TTnet and Rithmic on multiple accounts there and they provide great support for all of the feeds and different platforms I use there. Multicharts, Rithmic trader, Xtrader and Sierra charts.

I have many different feeds to choose from and platforms also. Never had a mistake on statements, fees or commissions.

They have been great for me.


I also use TD , and Vision. I used Dorman previously but was not impressed with their service.


Thumbs up for AMP from me.

Excellent service?? Never had a mistake on statements??
You must have a huge account in order for them to treat you with this kind of respect.
It's simply not what I experienced from AMP Futures, not at all.

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  #373 (permalink)
shanemcdonald28
new york
 
Posts: 355 since Mar 2012
Thanks Given: 665
Thanks Received: 582


No my accounts are quite small. I am a nobody with less than 10,000 there.

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  #374 (permalink)
 scalpingticks 
Chicago, IL
 
Experience: Intermediate
Platform: Ninjatrader
Broker: AMP
Trading: CL, TF
Posts: 41 since Jul 2012
Thanks Given: 18
Thanks Received: 43

If you're looking for cheap commissions, great margins, great technology, it's hard to beat AMP. If you are looking for a lot of hand holding and great customer service, you're better off taking your business elsewhere. As long as my technology is working well, I don't really need customer service. I've been with AMP for a long time and I've never had an issue that required much customer service. All I really care is that I can enter and exit my orders quickly and for a low cost. I had an internet outage once and called the trade desk and I was out of my positions within 30 seconds, that's all the customer service that I care about. I take care of the rest myself.

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  #375 (permalink)
shanemcdonald28
new york
 
Posts: 355 since Mar 2012
Thanks Given: 665
Thanks Received: 582


scalpingticks View Post
If you're looking for cheap commissions, great margins, great technology, it's hard to beat AMP. If you are looking for a lot of hand holding and great customer service, you're better off taking your business elsewhere. As long as my technology is working well, I don't really need customer service. I've been with AMP for a long time and I've never had an issue that required much customer service. All I really care is that I can enter and exit my orders quickly and for a low cost. I had an internet outage once and called the trade desk and I was out of my positions within 30 seconds, that's all the customer service that I care about. I take care of the rest myself.

I agree

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  #376 (permalink)
 EuroMark 
The Netherlands
 
Experience: Advanced
Platform: Ninja Trader
Broker: IB + AMP / NinjatraderBrokerage-Continuum
Trading: CL, GC, 6E, ES,NQ, YM
Posts: 14 since Sep 2010
Thanks Given: 3
Thanks Received: 3


emini2000 View Post
Apparently he doesn't have a utility bill in his name.

Standard request for the utility bill. I had to do the same thing with Infinity.

emini2000

Over here in The Netherlands, all formal letters are written: M.K. Douglas in stead of Micheal K. Douglas unlike in the States. Any Dutch person in here can confirm that.
I was about to give up until I bumped into a US letter from Club Carlson. Sending them this letter along with my lifetime License key from Ninja Trader and the approval from AMP Futures, I got approved. Hallelujahhhhhhhh I guess they just didn't want to see me leaving to AMP

As soon I fund my account and know more about the Ninja Trader Brokerage, I'll let you guys know.

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  #377 (permalink)
 Fxfutures1976 
London
 
Experience: Advanced
Platform: cqg integrated,ninjatrade
Trading: Futures and forex
Posts: 52 since Apr 2015
Thanks Given: 6
Thanks Received: 69

I was looking to open a second account but after reading through a lot of posts on this thread, I have decided to give Amp a miss and put more funds into my Ninja trader account. Anymore advice would be appreciated.
Thanks for all the info.

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  #378 (permalink)
 isomorph 
Dubain, UAE
 
Experience: Intermediate
Platform: tradingview, AlgoTrader,
Broker: Stage 5, DTN IQFeed
Trading: ZB, CL, J6
Posts: 7 since Feb 2013
Thanks Given: 1
Thanks Received: 7


Big Mike View Post
I saw that.

It also seems some people are not paying close attention to what they are being quoted, and might be confusing "commissions" with "all-in". Some brokers are quoting "commission" but not clearly spelling out they are charging an additional "clearing" fee, where others have no such "clearing" fee. The importance is in the all-in grand total.

It's important to look at all the factors and pick a reputable broker after doing your due diligence.

Mike

damn, am glad i decided to swing by here after ages. finally, after dicking around in SPOT FX, it seems i have come to my senses and decided to go futures all the way. i got taken in by AMP (haven't submitted all the docs yet) and after some more digging around started to notice there seem to be a lot of additional fees on top of the 'lowest' comish. mmhhh

so... still looking for a futures broker. where can find out more about this story of lawsuit? (sounds completely outlandish, what happened?)

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  #379 (permalink)
 isomorph 
Dubain, UAE
 
Experience: Intermediate
Platform: tradingview, AlgoTrader,
Broker: Stage 5, DTN IQFeed
Trading: ZB, CL, J6
Posts: 7 since Feb 2013
Thanks Given: 1
Thanks Received: 7


Futures Operator View Post
I've had some futures accounts clearing through TransAct as the FCM, here is the counter party agreement they required me to sign.

jesus! i thought this was not possible with exchange traded instruments. so not much difference between shady OTC SPOT and futures brokers. then why switch over to futures when SPOT FX is so much less of a headache?

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