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Date/Time: Mon, 13 May 2024 14:27:51 +0000

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Is Amp sufficient for a broker to fund a future's account and receive the Denali data

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[2020-10-06 02:11:48] #1 [Go To First Post]
User251113 - Posts: 2
HI I'm new to Sierra , If I fund my account with AMP is that a supported or efficient broker to get the Live futures data cost for funded account? I see there is a $100.00 a month difference .. Thank you in advance, and was I correctly reading the cost of Denali ?

[2020-10-06 14:52:45] #2 [Go To First Post]
John - SC Support - Posts: 31555
It isn't about the broker, it's about the trading service that you use with that broker. In the case of AMP, you would need to use either CQG or the Sierra Chart Order Routing Service in order to be able to validate a trading account to qualify for the lower priced Non-Professional CME Group Exchange Fees. Refer to the information here regarding the need to connect to a trading account for the Non-Professional CME Group exchange fees: Real-Time Exchange Data Feeds Available From Sierra Chart: Understanding and Accessing Data From the CME, CBOT, NYMEX, COMEX Exchanges Also refer to the information here regarding the Sierra Chart Order Routing Service: Sierra Chart / Trading Technologies Futures Order Routing Service Also refer to the information here regarding CQG: CQG Trading Platform Service And finally, if you are just wanting to setup an account just to qualify for the Non-Professional exchange fees, then refer to the information here: Easy Solution to CME Funded Trading Account Requirement For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing

[2020-10-06 20:24:46] #3 [Go To First Post]
ondafringe - Posts: 248
I've been with AMP for a year now, and trading MES using Denali. After you fund your account, follow these instructions and AMP will take care of most of the setup for you, although you will have to fill out some digital paperwork here at SC. https://support.ampglobal.com/hc/en-us/articles/360042515233-Sierra-Chart-Denali-Data-Feed-Trading-Technologies-TT-Trade-Routing-Pricing-Setup-Guide When you sign up, be careful about checking the box that asks if you want lower margins because the trade-off will be higher commissions. Margins are already low enough, anyway. Cost for trading ES/MES (if that's what you will be trading): $10/Month exchange fee $20/Month SC data fee MES round-turn $0.78 (for accounts with less than 10k) ES round-turn $4.20 (for accounts less than 10k)

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