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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

  #331 (permalink)
 
Joseph Connors's Avatar
 Joseph Connors 
Colorado Springs, CO USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Ninjatrade
Trading: Futures
Frequency: Many times daily
Duration: Minutes
Posts: 134 since Jul 2012
Thanks Given: 93
Thanks Received: 106


traderwerks View Post
The Mirus/Zenfire problems are temporary. The problems with AMP are not.

Even with these problems, Mirus is better. I would stay as far away from AMP as possible. I had an account with them ( I closed my AMP account ) and I would only recommend AMP to a person I hated.

If you are thinking about leaving Mirus, there are better options like Optimus and Deep Discount Trading.

May I ask, what problems with Mirus we are talking about? I am contemplating an account with Mirus and am very interested. Thanks!

Persistence! Nothing in the world can take the place of persistence.
Talent will not ... nothing is more common than unsuccessful men with talent.
Genius will not ... Unrewarded genius is almost a proverb.
Education will not ... The world is full of educated derelicts.
Persistence and determination alone are omnipotent!
Calvin Coolidge
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  #332 (permalink)
 
WolfieWolf's Avatar
 WolfieWolf 
Charlottetown, Prince Edward Island
 
Experience: Advanced
Platform: Ninja
Broker: Optimus - Rithmic
Trading: GC
Posts: 232 since Jul 2010
Thanks Given: 100
Thanks Received: 272


Joseph Connors View Post
May I ask, what problems with Mirus we are talking about? I am contemplating an account with Mirus and am very interested. Thanks!

Search for "zenfire no more" and you will get a very accurate picture of what we are talking about.

/W

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  #333 (permalink)
 Speckleback 
Raleigh NC USA
 
Experience: Intermediate
Platform: NinjaTrader, TOS, TradeStation
Broker: Optimus Trading Group/Rithmic
Trading: ES, CL, BP
Posts: 13 since Mar 2013
Thanks Given: 18
Thanks Received: 10



Joseph Connors View Post
May I ask, what problems with Mirus we are talking about? I am contemplating an account with Mirus and am very interested. Thanks!

Connors, if I may ask, why are you leaving AMP? I'm still torn between both Mirus & AMP. I'm currently use Tradestation but want to leave once I finish converting my automated strategies to Ninjatrader.

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  #334 (permalink)
 traderwerks   is a Vendor
 
Posts: 692 since Jun 2009
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WolfieWolf View Post
Well AMP isn't your only option; there are a number of other reputable brokers out there...

Totally agree


WolfieWolf View Post
I respect your strong opinion of AMP, if they have treated you badly then you deserve to feel the way you do, however I would express the exact same level of discontent about Mirus. Their technical problems may be temporary, they may also not be, but the way in which they have treated their customers says a lot about the "culture" of the company. They have been absolutely uncaring, uncommunicative, and insincere in any apologies that they have made which has been obvious by the lies that they have padded their statements with.... So I'm calling "poopeyhead" on both of them...

Agree on the "poopeyhead" call

There are always going to be temporary problems with trading. How your broker deals with them is not temporary.

After all, you only find out who is swimming naked when the tide goes out. - Warren Buffett

Math. A gateway drug to reality.
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  #335 (permalink)
 
Joseph Connors's Avatar
 Joseph Connors 
Colorado Springs, CO USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Ninjatrade
Trading: Futures
Frequency: Many times daily
Duration: Minutes
Posts: 134 since Jul 2012
Thanks Given: 93
Thanks Received: 106


Speckleback View Post
Connors, if I may ask, why are you leaving AMP? I'm still torn between both Mirus & AMP. I'm currently use Tradestation but want to leave once I finish converting my automated strategies to Ninjatrader.


I just have a demo with AMP at the moment. I too am trying to decide between them.

Persistence! Nothing in the world can take the place of persistence.
Talent will not ... nothing is more common than unsuccessful men with talent.
Genius will not ... Unrewarded genius is almost a proverb.
Education will not ... The world is full of educated derelicts.
Persistence and determination alone are omnipotent!
Calvin Coolidge
Reply With Quote
  #336 (permalink)
 Speckleback 
Raleigh NC USA
 
Experience: Intermediate
Platform: NinjaTrader, TOS, TradeStation
Broker: Optimus Trading Group/Rithmic
Trading: ES, CL, BP
Posts: 13 since Mar 2013
Thanks Given: 18
Thanks Received: 10


Joseph Connors View Post
I just have a demo with AMP at the moment. I too am trying to decide between them.

While I realize no firm is perfect, I almost opened a Mirus account in early December. I'm glad I didn't!

I'm still not sure about AMP but they are in the lead so far.

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  #337 (permalink)
kamicrazy
New Zealand
 
Posts: 71 since Jun 2011
Thanks Given: 2
Thanks Received: 32

I read through this whole thread and still opened an account with AMP in November.

I think their IT processes are decent and I think as long as your queries are very "run of the mill" then you get "good" service.

I had to contact support and they resolved the issue very quickly and without any nasty comments or anything etc.

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  #338 (permalink)
 
DarkPoolTrading's Avatar
 DarkPoolTrading   is a Vendor
 
Posts: 1,036 since May 2012
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Joseph Connors View Post
May I ask, what problems with Mirus we are talking about? I am contemplating an account with Mirus and am very interested. Thanks!


Diversification is the only free lunch
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  #339 (permalink)
 Eugenius 
London
 
Experience: Intermediate
Platform: CQG, MT4
Trading: Forex, Futures
Posts: 5 since Dec 2012
Thanks Given: 16
Thanks Received: 0

Hi guys
I'm not sure if this is exactly the right thread to be posting in but I have a query regarding the CQG datafeed on the AMP Futures DEMO. I am backtesting an automated strategy on NT for the CL contract over a 15 month data period. Does anybody know what the resolution of the historical data is? Tick or minute data? As I'm using a 3 tick renko to backtest the strategy, this is quite a critical issue. Would be great if somebody could come back on this or point me in the right direction...
Many thanks
e

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  #340 (permalink)
 
learning0101's Avatar
 learning0101 
Houston, Texas
 
Experience: Intermediate
Platform: NinjaTrader,TOS,Etrade,St
Broker: NT:( tos,etrade,CS
Trading: stocks,options,futures,forex
Frequency: Never
Duration: Never
Posts: 287 since Aug 2011
Thanks Given: 3,613
Thanks Received: 222


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