CQG vs AMP vs MT5
- Thread starter hilmy83
- Start date
Ironbeam quoted me like 2 cents extra, FWIW. margins will be 2x as high, but I don't care about that. call Mike Murphy, he was who I dealt with.
don't blame you, switching platforms has been the bane of my existence for the last several months.
don't blame you, switching platforms has been the bane of my existence for the last several months.
perfect example of what I spoke of earlier:
QT via AMP/CQG on the left. MT5 via AMP/CQG on the right. huge disparity.
QT via AMP/CQG on the left. MT5 via AMP/CQG on the right. huge disparity.
This is disconcerting, to say the least.
My EA sits on the MT5 VPS (Aurora) and so far my stop loss orders in NQ have not had any unusual slippage and are in the 0 to 2 tick range on average. This would likely not be the case if there was any lag. (My entries and target exits are limit orders.)
Would be interested in the comparison with Ironbeam MT5.
My EA sits on the MT5 VPS (Aurora) and so far my stop loss orders in NQ have not had any unusual slippage and are in the 0 to 2 tick range on average. This would likely not be the case if there was any lag. (My entries and target exits are limit orders.)
Would be interested in the comparison with Ironbeam MT5.
I spoke with Adnan at AxiomaticAI today. he's the kind of guy whom after speaking for 2 minutes you know you're going to go with his work, but you listen to the other 8-10 minutes because he's that interesting.
so, to summarize;
AxiomaticAI is providing MT5 to Ironbeam as well as StoneX (Gain Futures). both are DMA. I had an existing account with Ironbeam which was funded today. I presume I'll get the invoice from Axiomatic tomorrow and hopefully I'll get credentials to try out for Monday shortly after.
You pay a monthly base rate + per-trade fee to Axiomatic. there are three tiers. you can find them on the pricing section of their site.
I will post updates as I have them along with comparisons. Adnan stated that roughly within the next month or two he will be bypassing CQG entirely and connecting directly to the exchanges. so, we'll see.
so, to summarize;
AxiomaticAI is providing MT5 to Ironbeam as well as StoneX (Gain Futures). both are DMA. I had an existing account with Ironbeam which was funded today. I presume I'll get the invoice from Axiomatic tomorrow and hopefully I'll get credentials to try out for Monday shortly after.
You pay a monthly base rate + per-trade fee to Axiomatic. there are three tiers. you can find them on the pricing section of their site.
I will post updates as I have them along with comparisons. Adnan stated that roughly within the next month or two he will be bypassing CQG entirely and connecting directly to the exchanges. so, we'll see.
Can you share what you're paying for commissio for the micro indeces with ironbeam? couldn't find it on the site
as I said he quoted me 2 cents over my AMP rate which is likely the same as yours.
Margins posted there are only for their app - not for any 3rd party. you will pay 10% of exchange initial rate per contract for margins. I don't care about that because I don't like to lever high. been there done that, no good for me. I much rather would have lower leverage and a highly stable platform, which is what I'm hoping for.
Margins posted there are only for their app - not for any 3rd party. you will pay 10% of exchange initial rate per contract for margins. I don't care about that because I don't like to lever high. been there done that, no good for me. I much rather would have lower leverage and a highly stable platform, which is what I'm hoping for.
Did you know you can use your CQG credentials for other softwares that AMP offers? One of them is TradingView. Log into TV and see if the data you see is the same as MQ.