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AMP data fee(s) question


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  #1 (permalink)
 Spottrader 
springfield, US
 
Posts: 70 since Apr 2022

I'm using AMP futures brokerage US and would like to know how I find out which data fee I'll be charged.

I will be trading currency futures on the CME and I use metatrader5 (free).

I've looked at their fee schedule page and I'm still a bit confused.

Any experience with AMP is appreciated.


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  #2 (permalink)
 COoneguy 
Porto Portugal
 
Experience: Intermediate
Platform: Motivewave/Optimus Flow
Broker: Optimus/ AMP/ Ironbeam
Trading: es nq
Frequency: Several times daily
Duration: Minutes
Posts: 63 since Feb 2020
Thanks Given: 65
Thanks Received: 71

I use AMP. There are a variety of data options you can choose from. I use CQG and get the CME top of book bundle.... I think it's around $10 month. Do you have a specific question?


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  #3 (permalink)
 Spottrader 
springfield, US
 
Posts: 70 since Apr 2022



COoneguy View Post
I use AMP. There are a variety of data options you can choose from. I use CQG and get the CME top of book bundle.... I think it's around $10 month. Do you have a specific question?

Yes, I was wondering which feed I'm going to pay for. I'm using Mt5, which is free and I was told my data is from CQG. As far as top or level 2 etc of the book I have no idea. Mt5 does have a DOM, but I'm assuming it's just top of mkt data.

They gave me this calculator, but all I could come up with is a total of $0.10....which has to be wrong with the info I posted above.


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  #4 (permalink)
 COoneguy 
Porto Portugal
 
Experience: Intermediate
Platform: Motivewave/Optimus Flow
Broker: Optimus/ AMP/ Ironbeam
Trading: es nq
Frequency: Several times daily
Duration: Minutes
Posts: 63 since Feb 2020
Thanks Given: 65
Thanks Received: 71

That calculator just shows the trade routing fee of 10 cents per side. At the bottom of that page you'll see a link to data fees, which are separate. The level 1 or 2 issue just depends on how you trade. All I need is top of book, or level 1. It's cheaper.


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