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Amp, Advantage, Global, or Mirus Futures Trading?
- Thread starter BlueStreek
- Start date
Quote from DW trader:
Amp is the absolute worst company you could ever deal with.
Reasons:
1: length of time to set up an account is ridiculous. I have been trying for 10 days.. the customer service levels is off the charts the worst! ! I asked how much longer to open my account.. here's a quote: " each account if different and all i can say is it should be before 2011."
I haven't even given them any money yet.. can you imagine what it would be like after they have your cash?
Also, i don't trust brokers who can't answer their phone after hours. No VM, Dorman who is the actual account holder doesn't have a answering service.... seems like this whole company is run out of a garage somewhere. I would compare this company with those involved with Nigerian Bank scams. If you value your cash, your relationship with your broker, and don't want to stress over wether or not your money is in a truly safe place..then Forget about AMP. There are a low class, trashy company that is in dire need of a Customer Service manager.
I have just opened an acct with AMP and experienced none of the issues you describe. I'm an Australian citizen and applied for acct before going to bed. On waking following morning email was in Inbox and acct was ready to go. Funds were also deposited with no problem. Was I fortunate or were you unfortunate? Although you may have a legitimate issue with AMP I do find it hard to take an individual with one post to their name too seriously.
+1 on the Mirus/Zenfire through RCG.
Another Mirus and NT vote here. Free ninjatrader if you want to trade the DOM the old fashioned way.
I realize this is an old thread and you probably found a broker by now but imo, no matter what broker you use, RCG clearing is the way to go. I'm with Global through RCG and have never had an issue with either in 5 years.
Recently switched platforms and was thinking of going with Ninja for the static DOM but after trying out RCGs ONYX platform I went with that instead. Comparing Onyx and Ninja side by side I don't see a difference in speed and with Onyx you can keep the DOM static by holding the mouse over it. It also has a web interface for entering orders and I believe their server allows you to keep stop orders on it in case your platform/internet goes down. On top of that I was able to get my comm rate down quite a bit by switching.
Recently switched platforms and was thinking of going with Ninja for the static DOM but after trying out RCGs ONYX platform I went with that instead. Comparing Onyx and Ninja side by side I don't see a difference in speed and with Onyx you can keep the DOM static by holding the mouse over it. It also has a web interface for entering orders and I believe their server allows you to keep stop orders on it in case your platform/internet goes down. On top of that I was able to get my comm rate down quite a bit by switching.
Amp futures is now going to clear trades themselves:
Sept. 14, 2010 - We are proud to announce the launch of AMP Global Clearing, LLC NFA ID: 0412490 effective October 1, 2010. The company's global headquarters is located at 221 North LaSalle Street, 24th floor, Chicago, IL 60601.
AMP Global Clearing, LLC is a Futures Commission Merchant (FCM) providing access to the global electronic futures markets for Individual Traders, US & Foreign Introducing Brokerages, CTA's, 3rd Party & API Developers. Our goal is to combine high-end products and services at competitive prices; delivering the best possible trading experience for our customers.
Attention to AMP Trading Clients:
Dorman Trading, LLC mailed you a letter notifying AMP clients of transferring their futures accounts to AMP Global Clearing, LLC. We have worked closely with Dorman Trading and Zenfire to make this a smooth transition; all traders will use the same NinjaTrader username and passwords (no change required to the platform) - even the same account number. All the current account information will be transferred, such as email address, phone and physical address - there will be nothing needed from you.
This conversion process will enable our company to improve our performance by adding new in house services such as:
Online Customer Statements and Equity Runs
Online Customer Portal for online account management
Global Exchange Connectivity
24-hour In-House Technical Support and Order Desk
Expanding the available funding options (USD, EUR, AUD, GBP, HKD, JPY, NZD)
Low Intraday Margins
Automatic Block Order Allocations
Automated Systems Trading
Experienced & Friendly Support Staff
Multilingual Technical Support (we speak more than 15 languages!)
Support via phone, email, Skype and remote desktop
At AMP, you are the top priority. We pride ourselves on surpassing customer expectations by providing an unparalleled level of service, security, and advanced trading technology to accommodate a client needs. We are extremely excited to have you with AMP Global Clearing, LLC. If you have any questions, please feel free to contact us via phone at (312) 893-7700 or http://www.ampclearing.com
Sincerely,
Dan Culp
President
AMP Trading, LLC
AMP Global Clearing, LLC
Sept. 14, 2010 - We are proud to announce the launch of AMP Global Clearing, LLC NFA ID: 0412490 effective October 1, 2010. The company's global headquarters is located at 221 North LaSalle Street, 24th floor, Chicago, IL 60601.
AMP Global Clearing, LLC is a Futures Commission Merchant (FCM) providing access to the global electronic futures markets for Individual Traders, US & Foreign Introducing Brokerages, CTA's, 3rd Party & API Developers. Our goal is to combine high-end products and services at competitive prices; delivering the best possible trading experience for our customers.
Attention to AMP Trading Clients:
Dorman Trading, LLC mailed you a letter notifying AMP clients of transferring their futures accounts to AMP Global Clearing, LLC. We have worked closely with Dorman Trading and Zenfire to make this a smooth transition; all traders will use the same NinjaTrader username and passwords (no change required to the platform) - even the same account number. All the current account information will be transferred, such as email address, phone and physical address - there will be nothing needed from you.
This conversion process will enable our company to improve our performance by adding new in house services such as:
Online Customer Statements and Equity Runs
Online Customer Portal for online account management
Global Exchange Connectivity
24-hour In-House Technical Support and Order Desk
Expanding the available funding options (USD, EUR, AUD, GBP, HKD, JPY, NZD)
Low Intraday Margins
Automatic Block Order Allocations
Automated Systems Trading
Experienced & Friendly Support Staff
Multilingual Technical Support (we speak more than 15 languages!)
Support via phone, email, Skype and remote desktop
At AMP, you are the top priority. We pride ourselves on surpassing customer expectations by providing an unparalleled level of service, security, and advanced trading technology to accommodate a client needs. We are extremely excited to have you with AMP Global Clearing, LLC. If you have any questions, please feel free to contact us via phone at (312) 893-7700 or http://www.ampclearing.com
Sincerely,
Dan Culp
President
AMP Trading, LLC
AMP Global Clearing, LLC