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Who is your Broker? Are you satisfied with them?


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Who is your Broker? Are you satisfied with them?

  #1 (permalink)
 Upupandaway 
Dallas/Tx
 
Experience: Advanced
Platform: NinjaTrader
Trading: CL Crude Oil
Posts: 281 since Sep 2011
Thanks Given: 168
Thanks Received: 166

Currently mine is AmpFutures, and I'm about half and half on satisfaction.

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  #3 (permalink)
 
empty's Avatar
 empty 
Louisville, Kentucky
 
Experience: Intermediate
Platform: Sierra Chart, TastyTrade
Broker: Various
Trading: Futures, Options
Posts: 100 since Oct 2012
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Thanks Received: 195


What makes you half and half? What dissatisfies you having AMP as your broker?

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  #4 (permalink)
DrewDown
Kansas City, MO U.S.
 
Posts: 211 since Mar 2015
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Thanks Received: 122

I quite like TD Ameritrade. Their equities commissions are high, but their prices for futures aren't too bad, considering think or swim is free and constantly being developed and improved. I have an AMP account, but decided to hold on the money and join TopStep and do a few combines instead of going live. Knowing what I know now, I would probably go with NinjaBrokerage instead of AMP. They seem to run an easier operation, and I think it's a good thing their margin is slightly higher and they ask for more to open an account.

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  #5 (permalink)
 Upupandaway 
Dallas/Tx
 
Experience: Advanced
Platform: NinjaTrader
Trading: CL Crude Oil
Posts: 281 since Sep 2011
Thanks Given: 168
Thanks Received: 166


empty View Post
What makes you half and half? What dissatisfies you having AMP as your broker?

Well they can be a little flaky. Their seems to be one or two guys who actually can run the thing, and get stuff done. But other than that I'm happy.

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  #6 (permalink)
 
empty's Avatar
 empty 
Louisville, Kentucky
 
Experience: Intermediate
Platform: Sierra Chart, TastyTrade
Broker: Various
Trading: Futures, Options
Posts: 100 since Oct 2012
Thanks Given: 1,938
Thanks Received: 195


Upupandaway View Post
Well they can be a little flaky. Their seems to be one or two guys who actually can run the thing, and get stuff done. But other than that I'm happy.

I've always found their support excellent. I've probably contacted them 20 times, some technical related and some account questions related, and they've always been very helpful. On the technical issues they've corrected the problem right away. I've talked to a bunch of different folks in support so from my experience it's not one or two guys.

I do agree that offering such low margins is a bit concerning, but then again I only have margin requirements, plus a cushion, with them, not all of my trading capital available.

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Last Updated on May 27, 2015


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