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Date/Time: Mon, 22 Apr 2024 16:07:19 +0000

A few clarifications for a beginner

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[2021-05-02 16:22:52]
Mark_47 - Posts: 27
Good evening,
I apologize in advance if these questions have already been asked in the past but i'm approaching the world of futures and professional platforms for the first time so it's all new to me.
I would like to use the Sierra Chart + Denali Data Feed and open an account with AMP futures to trade.
At the moment I'm only interested in ES/6E/6B/GC with the advanced features of Sierra Chart.

I therefore ask if the costs I have estimated are correct or if something is missing:

Service Package 11 - Advanced + Denali Data Feed 220.80 USD / 6 months
CME with Market Depth for nonprofessional Trading accounts 10.40 USD / 1 month (62.4 x 6M)
COMEX with Market Depth for nonprofessional Trading accounts   10.40 USD / 1 month (62.4 x 6M)

1) I have read that in order to be considered a non-professional account i must have "a verified funded trading account with a supported trading service"...
An AMP futures account is ok to get this "certification"?
2) I live in Italy, I have to add VAT (IVA) to the above amounts?

Thanks in advance.
[2021-05-02 21:10:42]
John - SC Support - Posts: 31004
The costs you have listed are correct and you have the correct exchanges selected to minimize your cost.

1. Yes, the AMP account will work for the certification. They should set you up with CQG for your order routing, in which case you will follow these Setup Instructions to connect your Sierra Chart software to CQG:
CQG Trading Platform Service: Setup Instructions

2. We do not collect VAT on your behalf. If VAT is required to be paid, it is your responsibility to do so.

After you have your AMP account setup and connect your Sierra Chart to CQG, then you will follow these instructions to setup the Denali Exchange Data Feed for the CME Group:
Denali Exchange Data Feed: *Setup Instructions: CME/CBOT/NYMEX/COMEX Exchanges*
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2021-05-03 04:49:18]
Mark_47 - Posts: 27
Thank you very much.
[2021-05-03 09:23:24]
Mark_47 - Posts: 27
Another question, in the Denali data feed are included CME, CBOT, NYMEX, COMEX, and EUREX exchanges.
If I only paid CME and COMEX fee, what would i see in futures of NYMEX, CBOT and EUREX? Nothing? Delayed data like demo? Historical Data?

Thanks again
Date Time Of Last Edit: 2021-05-03 09:24:18
[2021-05-03 14:24:27]
John - SC Support - Posts: 31004
It depends on what the setting for File >> Data/Trade Service Settings >> Current Selected Service is set to. The reason for this is is that the system is going to look for the real-time data feeds that you have from Sierra Chart first, then look to get the data from your trading service selected second. If you are not getting data from your trading service, then you would not get any data for the symbols for which you are not getting real-time data from us.

But, if your service is set to SC Data - All Services, then we know you do not have a trading service selected, so the data will all come from Sierra Chart, in which case you would get the delayed data for those exchanges which you do not have active.

Just keep in mind, you need to connect to your trading service at least once a month to qualify for the non-professional exchange fees.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2021-05-04 05:05:09]
Mark_47 - Posts: 27
So if I understand correctly, if I didn't pay any fee at all to the exchanges i would have the data feed in delay version, like the demo. (10 min 10 sec).

Since for a few months I would only like to do analysis and no trading this would save me $ 20.80 per month. Then when I am ready to trade I will open the account with AMP future, I will pay the exchanges fees to get real time data, and i will change the settings as explained by you.
[2021-05-04 05:32:31]
Sierra_Chart Engineering - Posts: 14044
Yes this is all correct. Make sure though, in Sierra Chart, the Current Selected Service is SC Data-All Services to get the delayed data.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:

For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
Date Time Of Last Edit: 2021-05-04 05:32:59

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