I wired money to AMP yesterday

[Overnight]

ACH is not available with AMP Futures, unfortunately! I have sent $1850.

P.S. I am looking at this as a bad omen for my Futures trading escapade. It is harder than I thought!

It's not a bad omen.

When AMP receives the funds they will send you an e-mail, but even that can be delayed. One thing that is not delayed is the trading account itself.

Did you log into your trading platform and check your account balance? Don't go by the website's client portal, that can be delayed.

 

[AMP_Futures]

Confirmed. We post new deposits all day (Wires, ACHs and Checks) and yes, as soon as the funds are received by AMP, we post to our customers accounts and send an automated email confirmation.

@HomelyWizzard - PM your AMP account number. We will research

 

[TimtheEnchanter]

Shows when i click the ach tab

https://www.ampfutures.com/client-portal/funding-instructions/

I know that but my credit union has no facility to do this. They rather charge me $20. Had I been a real bank customer...well, that will never happen!

 

[TimtheEnchanter]

Confirmed. We post new deposits all day (Wires, ACHs and Checks) and yes, as soon as the funds are received by AMP, we post to our customers accounts and send an automated email confirmation.

@HomelyWizzard - PM your AMP account number. We will research

Thanks, I just got it!

 

[Overnight]

Thanks, I just got it!

See? No need to panic. Just always have your towel.

 

[TimtheEnchanter]

See? No need to panic. Just always have your towel.

Before the close, I made 8 points shorting the MES, so I am sticking around for a while. I missed the long run thou.

 

[IamTheCasino]

even es micros are not small enough for a 2k account.

not sure how old you are but your best bet is to work your ass off and quickly save 25k, daytrade spy instead.

and trade 10 or 20 share size.

YOu can get away with 1500 in MES. the hell are you talking about

 

[Tradex]

and of course that's BS.. they're just "playing the float"

Banksters love to play with the 3 day float. And when you ask them about your money they tell you they are "processing" your bank transfer.

In reality a bank transfer (ACH or wire) travels at the speed of light, so what the hell is there to "process"?

 

[ChipShotTrader]

Banksters love to play with the 3 day float. And when you ask them about your money they tell you they are "processing" your bank transfer.

In reality a bank transfer (ACH or wire) travels at the speed of light, so what the hell is there to "process"?

The "delay" is because the bank is earning FREE interest income on YOUR MONEY, on a daily basis.

Interactive Brokers gives its clients one single free wire, per month (and it hits my bank account within 24 hours). Since I am based overseas, I cannot use USA ACH transfers. But monthly free wires (which would normally cost $85-$100 bucks), are pretty much all I need...

 

[volpri]

Banksters love to play with the 3 day float. And when you ask them about your money they tell you they are "processing" your bank transfer.

In reality a bank transfer (ACH or wire) travels at the speed of light, so what the hell is there to "process"?

Them banks busy processing what they make off your money while you waiting.......LOL