Question about AMP Futures fees

Millionaire said:
Yes I wrote my own program using R Protocol API.

I still login using Rithmic Trader Pro to check API orders placed by my program, but do not use Rithmic Trader Pro for placing trades.
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Cool. yes, this is the new Rithmic API: R Protocol API
It has been identified and updated to be included in the $0.10 billing.
You will see the credit/adjustment on your statement

Happy Trading!
 
AMP_Global said:
Cool. yes, this is the new Rithmic API: R Protocol API
It has been identified and updated to be included in the $0.10 billing.
You will see the credit/adjustment on your statement
Happy Trading!
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Thanks for sorting this for me :thumbsup:

At $0.1 per API trade, my trades will be less than what IB was charging me before i switched to AMP.

I think IB was $4.02 for each roundturn, with AMP and Rithmic it is looking like it will be $3.70.

There was no minimum at IB and Rithmic want minimum $100 per month, but i will exceed that so its not really a concern.
 
wmwmw said:
Profit 3 point a day, es account profit $150-commision,mes account $15-commission,how you get mes account grow quicker than es account?Your table is wrong on mes account profit number.
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MES can faster add 1 countract then ES, because for that MES needs only $250, while ES needs $2,500. This advantage compensates largely the extra cost as long as you can compound. So as long as you compound it is more profitable to trade MES instead of ES.

In my example the compounding for MES stopped in April (yellow cells). From that moment on ES could catch up as ES could still compound while MES could not anymore. You can see that in the monthly summary where monthly volume MES got blocked.

This is the upper part of the calculations:
2020-09-07 18_13_38-Microsoft Excel - emini.xlsx.jpg


This is the monthly summary:
2020-09-07 18_23_32-Microsoft Excel - emini.xlsx.jpg
 
AMP_Global said:
Yes.

AMP FLAT Pricing offer using any of our FREE Trading Platforms, such as CQG, MetaTrader 5, Sierra Chart, MultiCharts, TradingView, Jigsaw....

Exchange Fee $0.20
CQG Order Routing Fee $0.10
NFA $0.02
AMP Clearing Fee $0.05

Total per Side $0.37

https://news.ampfutures.com/cme-e-micro-indices-launched-ready-for-live-trading
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If you're not FLAT then it will cost 0,78 RoundTrip...

I'm with you for the free Sierra Chart but once I got enoguh money to pay the platform each month or find another broker that offerts it free, i will definetely change it... your agents are so impatient and rude, without any desire to answer the questions, besides each day the agents are the same people...

Definetely sometimes it is worth paying a little higher for a better customer experience.
 
Correct. if your account is setup on Volume-Tiered Pricing, For the CME Micros using CQG datafeed: Total (All fees included) per Side $0.39

We have many customers using Sierra Chart - connecting to CQG, Rithmic and TT-Denali (combo).

Here is an article with details on Sierra Chart (pricing) versions available at AMP - Package 3 is FREE (No Monthly Fee) or Package 5 is Discounted price ($25 per month) for AMP Customers.

https://support.ampglobal.com/hc/en...ierra-Chart-pricing-versions-available-at-AMP

Once live account is funded with minimum of $100 you will get streaming, continual access to both live and demo.

If you need any assistance, please contact our 24 hour help desk in real-time via Phone or Live CHAT: https://www.ampfutures.com/contact-us/

Happy Trading!
 
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