Welcome to NexusFi: the best trading community on the planet, with over 200,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- discounts are available after registering.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Lately I've been trading the ES Micro's, however the fees are huge relative to the e-mini ES futures - almost double. This got me looking into different brokers, whereas Ninjatraders futures commissions seem to be much lower than AMP futures (the broker that I'm currently using) - https://ninjatrader.com/PDF/ninjatrader_futures_commissions.pdf[/url]
My question is if anyone has experience with Ninjatrader's level 2 data, is it fast and reliable compared to CQG's data feed? I do understand that I have to use Ninjatrader's platform in order to use their datafeed, but if the datafeed is good it becomes a really interesting option as it will save me quite some money in the long term.
Yeah, AMP's micro rates are tough to beat if you're scaling in/out of MES or MNQ all day.
Just to clarify for anyone stumbling into the AMP vs NinjaTrader debate -- they're not apples to apples:
AMP is an FCM that supports 50+ platforms (NT, MultiCharts, Sierra Chart, etc.) with your choice of data feed (CQG, Rithmic, TT, Teton). You mix and match.
NinjaTrader Brokerage bundles their platform + brokerage together. Tighter integration, but you're in their ecosystem.
Commissions are only part of the picture though. You also need to factor in:
Data feed monthly fees -- CQG through AMP typically has no extra monthly, Rithmic and TT may have connection fees
Exchange data fees (per-exchange, separate from commissions)
Platform licensing if applicable
If you're trading order flow on ES or CL, the quality of your Level 2 / DOM feed can matter more than saving a few cents per contract. That's really the core of what the OP was asking about with CQG vs NinjaTrader's native feed.
The $0.37 rate is great, but platform + data feed + trading style all factor into the real cost. Pick the setup that fits how you actually trade.
Please leave feedback here. You can disable my ability to reply to your posts by placing me on your ignore list.
Fi provides educational information on a best-effort basis only. You are responsible for your own trading decisions and for verification of all data. This message is not trading advice.
