AMP Pricing (2023)

Q

quintrix

AMP COST CALCULATOR.png
edge clear fees.png
On february 1, CME has increased fees from 0.30 to 0.35 cents
But AMP new cost all in is:

from 0.96 (0.20 CQG included) to 1.20!!!!

What is that?????

https://portal.ampclearing.com/account/commissionquote.aspx

https://edgeclear.com/2023-cme-exchange-fee-increase/View attachment 305264
edge clear fees.png
 
I hope you will consider to close very soon the agrements with Sierra Charts for TETON!!

TETON ORDER ROUTING IS FREE so we can save 0.20 round turn!!
 
maxinger said:
It sounds extremely scary.

When you see the word FREE, better run away as fast as you can.
More...

What are you talking about?
The increase of rates by AMP is abnormal!

If I will continue to use CQG as Order routing I will pay additional 250/300 usd Monthly based on my trading volume.

From 0.96 to 1.20?? Since the increase is 0.05 per side I would have to pay 1.06 not 1.20!!

0.14 additional round turn is a lot of money
 
quintrix said:
What are you talking about?
The increase of rates by AMP is abnormal!

If I will continue to use CQG as Order routing I will pay additional 250/300 usd Monthly based on my trading volume.

From 0.96 to 1.20?? Since the increase is 0.05 per side I would have to pay 1.06 not 1.20!!

0.14 additional round turn is a lot of money
More...

A few days ago,
My charting software providers and brokers increased their fees due to inflation and those things.

If you see FREE things, be careful.
There are tiny prints that you have to see under a microscope.
Most people don't bother to see the fine print.

Your choice to use the FREE thing.
And Good luck to you using the FREE thing.
 
Last edited:
maxinger said:
A few days ago,
My charting software providers and brokers increased their fees due to inflation and those things.

If you see FREE things, be careful.
There are tiny prints that you have to see under a microscope.
Most people don't bother to see the fine print.

Your choice to use the FREE thing.
And Good luck to you using the FREE thing.
More...

TETON Order routing has been created by Sierra Charts and can be used only if you are a Sierra Chart customer.

So this is a Sierra Chart long term investment in order to acquire thousand of new customers

So the word FREE has this meaning!

But the focus here is on new AMP expensive rates on micro contracts without notice
 
Talked to Ironbeam, their cheapest rate is 1.24/rt for micros...

Since I use MT5, i'm pretty much stuck with cqg
 
AMP has deliberately increased from zero to +0.08 their commission on micro contracts
This is the truth....
They are now on average.
So the logic after months and months of waiting is to close the agreement with Sierra Chart so we can save 0.20 cents round turn

AMP COST.png
 
MarkBrown said:
make more money - you should be complaining about taxes
More...

This statement makes no sense at all
If I can save 0.20 cents round turn with another order routing that AMP has many times announced (in this case"TETON") why the hell I can't ask them to hurry up?

0.20 x 1500 r/t = 300USDX12 months = 3600 USD a year

I am a small trader
 
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