AMPGlobal not showing balance in realtime. Any brokers who do?

[Overnight]

Commissions are immaterial to purchasing power.

Actually they are, especially when you are pushing $2000 in commish per day. I can confirm that the commish are still not being deducted in realtime.

Here's my statement from Saturday morning, where I was flat...

And I opened a 2 contract MNQ trade early today's trading session, and here is what the NT account screen shows as we are sitting in a closed state right now...

There should be a ~$0.80 difference between the two. I'll keep an eye on it, and look to see if it changes either at market open in a few mins, or after midnight tonight.

 

[Overnight]

Actually they are, especially when you are pushing $2000 in commish per day. I can confirm that the commish are still not being deducted in realtime.

Here's my statement from Saturday morning, where I was flat...
View attachment 270398

And I opened a 2 contract MNQ trade early today's trading session, and here is what the NT account screen shows as we are sitting in a closed state right now...

View attachment 270399

There should be a ~$0.80 difference between the two. I'll keep an eye on it, and look to see if it changes either at market open in a few mins, or after midnight tonight.

K, market open, no difference yet. Let me try disconnecting and then reconnecting, see if that changes it...

EDIT. Nope, no change. I guess it will update at midnight. Will post it tomorrow.

 

[Nick Nikolo]

Commissions are immaterial to purchasing power.

Of course it is material.
Suppose your purchasing power is shown as $2100.
At the same time you've spent $2000 on fees/commissions which will be subtracted in 6 hours from your account.
What I am saying is that the effective purchasing power is only $100.
If you were to buy 1 ES contract based on the misleading $2100 number you'd be in trouble later when the tally is finalized.
This sucks.

 

[speedo]

Of course it is material.
Suppose your purchasing power is shown as $2100.
At the same time you've spent $2000 on fees/commissions which will be subtracted in 6 hours from your account.
What I am saying is that the effective purchasing power is only $100.
If you were to buy 1 ES contract based on the misleading $2100 number you'd be in trouble later when the tally is finalized.
This sucks.

Spend 2k on fees trading one contract??

 

[Overnight]

Of course it is material.
Suppose your purchasing power is shown as $2100.
At the same time you've spent $2000 on fees/commissions which will be subtracted in 6 hours from your account.
What I am saying is that the effective purchasing power is only $100.
If you were to buy 1 ES contract based on the misleading $2100 number you'd be in trouble later when the tally is finalized.
This sucks.

Just because your screen is not showing the actual purchasing power, that does not mean the system does not know what it really is. You'd get an error trying to buy/sell an ES contract if the true purchase power of your account is a hundred bux. "Insufficient margin" error, or something like that.

 

[Nick Nikolo]

Nope fellas.
You are not with me.
Yes I overtraded big time, generated tens of trades and blew my account.
I went from a positive number on Friday 19:00 EDT to a negative balance on Sat morning.
There is NOTHING on the AMP side that would prevent that or even send me an alert.
Nothing.
Again, not having a way to track the effective balance sucks.

 

[speedo]

Nope fellas.
You are not with me.
Yes I overtraded big time, generated tens of trades and blew my account.
I went from a positive number on Friday 19:00 EDT to a negative balance on Sat morning.
There is NOTHING on the AMP side that would prevent that or even send me an alert.
Nothing.
Again, not having a way to track the effective balance sucks.

Look. it's not higher math to subtract $4 RT per or whatever you trade GIVEN a real time gross balance. The guy says he is not getting that.

 

[Overnight]

Nope fellas.
You are not with me.
Yes I overtraded big time, generated tens of trades and blew my account.
I went from a positive number on Friday 19:00 EDT to a negative balance on Sat morning.
There is NOTHING on the AMP side that would prevent that or even send me an alert.
Nothing.
Again, not having a way to track the effective balance sucks.

Man, I wouldn't even KNOW how to start THAT conversation. How do you have $2000 in commish and go from positive to negative in one session? You said tens of trades...How many contract in each trade? Stuff like that.

As for the platform? I trade only through the desktop, and actual Personal Computer, and not a "app on a phone". I have no idea how the MT5 phone "app" works, but apparently it got you into trouble.

Trade from the PC if you can! For myself, and I am sure speedo and big A will tell you the same thing, the balance update deal has never been a problem.

 

[Nick Nikolo]

Look. it's not higher math to subtract $4 RT per or whatever you trade GIVEN a real time gross balance. The guy says he is not getting that.

well I suppose I have to write a program that connects to the MT5 terminal.
Pulls all transactions and does some calculations to arrive at the estimated running fees and balance.
Not too hard to do but you'd think that something like that should be readily available from a broker on their "Account" tab or whatever.

 

[Nick Nikolo]

On 2nd thought I traded the overnight session too. So what is the delineation point where fees get subtracted?! Not sure how the program would calculate estimated fees for the overnight session.