Scalpguy 

I have not tried $300 margins so I cannot say is that an error or what BUT with "normal" $500 margins you pay what the given link tells to you. For example with the FlatRate/CQG/SierraChart combiantion it is $3.56 per RT.

PLUS exchange, clearing, NFA and CQG fees which is another 3.56 USD (by chance).
So you are paying over 7 USD / RT in total.

Yuri57 

PLUS exchange, clearing, NFA and CQG fees which is another 3.56 USD (by chance). So you are paying over 7 USD / RT in total.

That is not correct.

Scalpguy 

That is not correct.

Prove me wrong, I have attached my statement!

Yuri57 

Prove me wrong, I have attached my statement!

I have tons of reports which are exactly the same as that link is telling for me.

If your report is not cooked then you have an error in it which should be reported and they will fix it.

Until the $300 margin is the reason... I have no experience with that. Which I doubt.

Scalpguy 

I have tons of reports which are exactly the same as that link is telling for me. If your report is not cooked then you have an error in it which should be reported and they will fix it. Until the $300 margin is the reason... I have no experience with that. Which I doubt.

So you are positive that what is in the tables (AMP website) are the fees which include EVERY volume related fee?

Why on Earth would they charge you 3-times as much with 300 margins??

Yuri57 

So you are positive that what is in the tables (AMP website) are the fees which include EVERY volume related fee?

100% sure. I have 7 years of proof. Hundreds (thousands?) of reports. All checked. All matching with the price lists they show me in their web service.

Yuri57 

Why on Earth would they charge you 3-times as much with 300 margins??

This is why I said "I doubt".

As said it is an error or the report is cooked.

btw. So you did not ask them ?

---

During my 7 years of AMP career I have had 2 errors in my reports. Reported and corrected soon after in the next report. So whats the problem ?!

btw2. That Windows95 is hilarious

Scalpguy 

100% sure. I have 7 years of proof. Hundreds (thousands?) of reports. All checked. All matching with the price lists they show me in their web service. This is why I said "I doubt". As said it is an error or the report is cooked. btw. So you did not ask them ? --- During my 7 years of AMP career I have had 2 errors in my reports. Reported and corrected soon after in the next report. So whats the problem ?! btw2. That Windows95 is hilarious

It's not an error, this is what their site states:

"TERMS AND CONDITIONS FOR $300 MARGINS: In order to day trade the E-Mini S&P, E-Mini NASDAQ and Mini Dow Jones contracts with the $300 margins, the customer must agree to commissions for all contracts on electronic markets to be set at $3.00 per side. Client is still responsible for all clearing, exchange, regulatory, subscription, platform and/or data fees."

I just never thought there would be a 3x difference in overall commission with the smaller margin, never would have asked for it.
Anyway, lesson learned, thanks for the info! :-)

Yuri57 

It's not an error, this is what their site states: "TERMS AND CONDITIONS FOR $300 MARGINS: In order to day trade the E-Mini S&P, E-Mini NASDAQ and Mini Dow Jones contracts with the $300 margins, the customer must agree to commissions for all contracts on electronic markets to be set at $3.00 per side. Client is still responsible for all clearing, exchange, regulatory, subscription, platform and/or data fees." I just never thought there would be a 3x difference in overall commission with the smaller margin, never would have asked for it. Anyway, lesson learned, thanks for the info! :-)

I see. So you have to pay something for the 40% discount in margin

Scalpguy 

I see. So you have to pay something for the 40% discount in margin

I don't see who benefits from these conditions other than AMP. :-)

Yuri57 

I don't see who benefits from these conditions other than AMP. :-)

Intraday swing Trader. He/she can do 40% more by the same equity.

Anyway in terms of efficiency (= daily movement, depth, tick size and commissions) YM is allmost the worst vehicle to do intra