In all fairness, they provided me with a legit live account. I was able to see my orders affecting the DOM for the MES market....
Avoid TopStep....from a former Topstep cheerleader
- Thread starter SelfMadeDude
- Start date
In all fairness, they provided me with a legit live account. I was able to see my orders affecting the DOM for the MES market....
Topstep and Earn2trade are the only ones I believe currently that actually put you on a live account(E2T makes it optional for you). Most others are Live-Sim where they reserve the right to copy your trades. You may already be aware of this, just an FYI if not.
What makes you think ANY of the combines would be different?
As for TS... I have no problem with increasing margins TEMPORARILY in reasonable amounts. Double exchange minimum is not reasonable IMO.
Years ago, I had an OEC/GainCapital account. Those guys were obnoxious. The moment an increase in volatility occured, they were the first to raise margins and the last to reinstate.
That practice is bullshit... you can not woo daytraders, and then cripple daytrading abilities when markets change. I fled OEC/Gain the second time it happened, never to look back.
Fwiw, AMP doubled their DAYTRADE margins last week. With AMP, daytrade margins are available whenever the market is open, except the last 5 minutes before session closings. The increase is stated to be temporary and given AMPs' history in similar conditions, there is no reason whatsoever to believe otherwise. IOW, it is no problem at all, IMO.
Good trading to all.
As for TS... I have no problem with increasing margins TEMPORARILY in reasonable amounts. Double exchange minimum is not reasonable IMO.
Years ago, I had an OEC/GainCapital account. Those guys were obnoxious. The moment an increase in volatility occured, they were the first to raise margins and the last to reinstate.
That practice is bullshit... you can not woo daytraders, and then cripple daytrading abilities when markets change. I fled OEC/Gain the second time it happened, never to look back.
Fwiw, AMP doubled their DAYTRADE margins last week. With AMP, daytrade margins are available whenever the market is open, except the last 5 minutes before session closings. The increase is stated to be temporary and given AMPs' history in similar conditions, there is no reason whatsoever to believe otherwise. IOW, it is no problem at all, IMO.
Good trading to all.
Have you noticed that AMP is still on full margin after that increase last week? No reduction back to day margins yet. They are protecting their shit.
Padu, lol, I forgot about that guy!
Full margin? What are you talking about?...
DAYTRADE margins are currently double in most cases of previous DAYTRADE margins.
And it is stated to be temporary.
https://www.ampfutures.com/news/temporary-margins-increase-stock-indices-and-crude-oil-contracts
https://www.ampfutures.com/trading-info/margins
I've seen some of his "passionate" post.....lol
If you think, I am him then hey....what can I do.
Just stick to the thread theme
The point is that they closed a position that was in no violation of the funded swing trading rules.....
1 micro position.
No weekly $500 loss.
No total $1,000 loss.
They closed out my position due to what they subtly admitted as their own fault. The platform math is not in sync with their own trader rules. It's all in the email that I attached
1 micro position.
No weekly $500 loss.
No total $1,000 loss.
They closed out my position due to what they subtly admitted as their own fault. The platform math is not in sync with their own trader rules. It's all in the email that I attached
That is bizarre. I can swear I got an email in my box about them suspending daytrading margin on Thursday last week. I cannot find it in my box, aside from the message they sent with a link to the margin page. I suspect they altered that page to now show a simple day-margin increase, as opposed to full margin requirement. Alas.