Anyone using Amp futures ?

[Etisan]

Whats the situation now for those who use Rithmic data feeding into other platforms eg. Multicharts, as since 1 May Rithmic only allow 1 x continuous login. (previously it was unlimited)
Can users have Rithmic RTrader & Multicharts (or another platform) open simultaneously ?

 

[heispark]

No, they are counted separately. If you want to use both simultaneously, you have to pay double the CME fee. The biggest advantage of Rithmic is gone but they charge the same cost....

 

[AMP_Futures]

Here is the New Rithmic Concurrent Login Explanation: https://support.ampglobal.com/hc/en...ssions-CME-Market-Data-Fees-starts-May-1-2020

 

[VEGASDESERT]

There are not a lot of choices out there for small deposits (500-5000) and low intraday margin and competitive transparent commission.

AMP is one of the few that I'm aware of.

They are good and serve a big part of the trading community that other
brokers will not.

 

[hilmy83]

Here is the New Rithmic Concurrent Login Explanation: https://support.ampglobal.com/hc/en...ssions-CME-Market-Data-Fees-starts-May-1-2020

Can I ask you what's the biggest client account size you have?

 

[Harry Nguyen]

Yeah, I'm using them right now. They're popular from what I know and reputable as well.

 

[DevBru]

AMP is fine for smaller to medium accounts.

I am using them myself but if my account grows to a larger size i will probably move to an introducing broker that clears with ADMIS or Wedbush for example.

Safety of my funds would be more of a concern once i trade a bigger account. AMP has 4 million in excess capital, ADMIS has 123 million in excess capital and Wedbush has 135 million excess capital.

AMP is more comparable to Ironbeam in size, they have 4,1 million in excess capital.

 

[Giovanni218]

I 100% agree . I have a very small account with Amp and a very large account at IB . Amp's great but safety of funds is paramount to me and IB's commissions not much higher than Amp's.

 

[heispark]

AMP is fine for smaller to medium accounts.

I am using them myself but if my account grows to a larger size i will probably move to an introducing broker that clears with ADMIS or Wedbush for example.

Safety of my funds would be more of a concern once i trade a bigger account. AMP has 4 million in excess capital, ADMIS has 123 million in excess capital and Wedbush has 135 million excess capital.

AMP is more comparable to Ironbeam in size, they have 4,1 million in excess capital.

Actually, all U.S. brokers are quite safe as far as I know: https://www.elitetrader.com/et/threads/ampfutures.322820/#post-4687083

 

[DevBru]

Actually, all U.S. brokers are quite safe as far as I know: https://www.elitetrader.com/et/threads/ampfutures.322820/#post-4687083

I never said AMP was unsafe, i would just be more at ease with a bigger broker if i had a account of a few $100K or even going in to the millions.