NexusFi: Find Your Edge


Home Menu

 





Heads Up: New SC Billing Procedure


Discussion in Sierra Chart

Updated
      Top Posters
    1. looks_one ondafringe with 6 posts (4 thanks)
    2. looks_two Cooie with 2 posts (2 thanks)
    3. looks_3 Big Mike with 1 posts (0 thanks)
    4. looks_4 Cloudy with 1 posts (1 thanks)
      Best Posters
    1. looks_one Grantx with 2 thanks per post
    2. looks_two Cooie with 1 thanks per post
    3. looks_3 Cloudy with 1 thanks per post
    4. looks_4 ondafringe with 0.7 thanks per post
    1. trending_up 3,326 views
    2. thumb_up 9 thanks given
    3. group 7 followers
    1. forum 13 posts
    2. attach_file 0 attachments




 
Search this Thread

Heads Up: New SC Billing Procedure

  #11 (permalink)
ondafringe
Albuquerque, NM, USA
 
Posts: 124 since Jul 2012
Thanks Given: 87
Thanks Received: 117


Cooie View Post
Same boat here, if I understand correctly from hereon the fees are:
SC level 3 $26 + (Denali $10 + CME fees $3.25 or $10.40 depends on you want top of book or depth as well). The Denali is optional but highly recommended over the CQG (unless you need eurex then it is mandatory). If you stay with CQG then you don't need to pay Denali and CME will continue to be billed by AMP. You can also setup subaccounts so one use Ninja/CQG (so pay CME fee only) and another use SC (and pay fees as above). That's what I get anyway from reading their as usual very helpful notices . Is your SC deactivated immediately because you didn't log in between Mar 1-3?

Sent using the NexusFi mobile app

That sounds about right to me...

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Increase in trading performance by 75%
The Elite Circle
Better Renko Gaps
The Elite Circle
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
How to apply profiles
Traders Hideout
ZombieSqueeze
Platforms and Indicators
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Just another trading journal: PA, Wyckoff & Trends
34 thanks
Tao te Trade: way of the WLD
24 thanks
Bigger Wins or Fewer Losses?
19 thanks
GFIs1 1 DAX trade per day journal
16 thanks
Vinny E-Mini & Algobox Review TRADE ROOM
13 thanks
  #12 (permalink)
 skoosht 
Los Angeles, CA, USA
 
Experience: Intermediate
Platform: Sierra Chart
Broker: AMP/TT
Trading: ES
Posts: 12 since Jan 2012
Thanks Given: 1
Thanks Received: 28

You can still use CQG with package 3. I verified this today.
I have 2 CQG accounts with AMP (btw CQG has always been fine for me so I see no need to go with Denali for now).
Since Sierra allows 2 instances I only needed to fund 1 Sierra account $26, and under Data/trade services put each of my CQG credentials in.
So for me the only increase is the $26, not too bad.
I was one of those unfortunate ones who failed to “log in” the first few days of March, I was testing TradingView for a bit.

Reply With Quote
  #13 (permalink)
 illogsamples 
Amsterdam, the Netherlands
 
Platform: Sierra Chart
Trading: ES, DOW, SL, GC
Posts: 31 since Feb 2015
Thanks Given: 115
Thanks Received: 45


I am wondering what the benefit of DENALI would be at this point. Since their (SC) own routing is not safe to use if you ask me(TT problems last month) and brokers like AMP wont work with them anymore, you have to use CQG routing with the DENALI feed.

The reason SC tried getting rid of CQG to push their own routing, or rather selling point, was the server side bracket oders. So that benefit of using their order routing and feed, which was supposed to be working very well together(lol) is not there anymore. Why would someone be paying more for SC pack 11 if you could also go for SC pack 5, which is a good percentage cheaper per month.

Also FYI, know that SC is now working on their own routing for CME. If this option does have server side bracket orders then this could be a reason to ditch CQG with ur broker for routing and go for this option. And I am sure they would make it extra rewarding to go with DENALI also to combine the two.

Reply With Quote
  #14 (permalink)
Cooie
Canada
 
Posts: 5 since Apr 2010
Thanks Given: 0
Thanks Received: 2


skoosht View Post
Since Sierra allows 2 instances I only needed to fund 1 Sierra account $26, and under Data/trade services put each of my CQG credentials in.
So for me the only increase is the $26, not too bad.
bit.

I have same 2 account setup and was paying 2x$10 CME thru AMP, whereas if I switch to Denali, it will be $10 + $10 CME so its also a wash, just the additional $26 that can't be avoided. Actually it will be cheaper if pay for 6 mths since Denali can also be discounted if pay ahead.


illogsamples View Post
I am wondering what the benefit of DENALI would be at this point.

According to them....

"When using CQG, Sierra Chart is using what is known as the CQG Web API data feed.
That is very well maintained by them. And it is quite widely used according to CQG. Most third-party programs integrated with CQG would be using that data feed. It generally is fine, one of the better data feeds, but the way they transmit market depth is not entirely stable.
And we do hear about connectivity problems from time to time. "


CQG has been fine and I don't care about the book, the cost of both are same so I'm leaning towards don't fix what's not broken and just do the package 3 with existing CQG feed.... until one day they force everyone to switch I guess. I can't see this being a good move on SC's part though, they'll never recapture all the lost accounts that were subsidized by AMP (for example AMP gave me two but in actual fact I can login multiple instances with one). Plus its going to be harder for them to get the newcomers who's going to gravitate to the free platforms. These guys seem to be software geeks (and real good ones at that) and not so much the business oriented/cuddle your customer type.

Reply With Quote
Thanked by:




Last Updated on March 10, 2021


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts