Support Board

Date/Time: Thu, 25 Apr 2024 21:50:46 +0000

Post From: Question: AMP Transaction Fees, TT versus CQG.

[2020-05-05 18:49:02] Link To Thread - Link To Post [Go To First Post]
Luke - Posts: 142
I switched from CQG to Denali with TT routing. Amp told me that commissions would be the same. Before it was 0.78 per roundturn for the MYM. I executed a test trade, 1 roundturn, and checked the statement, they are charging 0.58 per roundturn, together with the 0.20 TT routing fee that I am paying through SC it would be the same as before, 0.78 per roundturn. But they are also charging an additional 0.60 per roundturn (abrevation TT-W TRF in the statement) which seems to normally be the fee for trading through the TT trading platform (Amp cost calculator: https://portal.ampclearing.com/account/commissionQuote.aspx), and this should not be charged if trading through SC and not the TT platform. Exchange fee 0.4 NFA 0.04 Clearing TTnet 0.10 TT-W TRF 0.60 commission 0.04 TT order routing (paid through SC account) 0.20


Amp fees.jpg / V - Attached On 2020-05-05 18:42:21 UTC - Size: 98.48 KB - 437 views