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Date/Time: Tue, 26 Nov 2024 13:46:53 +0000



Post From: Amp with TTnet experiances

[2014-04-18 02:00:01]
User30720 - Posts: 20
Hi AKR,

Are you actually getting charged what the AMP Cost Calculator says for your R/t costs using TT feed?

Before seeing your post I had emailed my AMP broker and said to him if I maintain at least $10k in my account will I be charged $2.82 R/t on the ES for the TT/Sierra combo.

He has come back and said 'yes' plus 50 cents for commission to give a total of $3.32!!!!

This is where AMP let themselves down - the cost calculator site specifically says this calculates a traders TOTAL cost and the notes at the bottom say '... commissions depicted in the table above ...'.

I actually asked him this question as I don't have $10k there at present and I noticed my R/t costs on the ES were higher than the volume tiered rates quoted in the cost calculator.

It is disappointing to say the least that AMP are mis-leading in this respect. The cost calculator is a good idea, but then they go and stuff it up by being less than truthful about what are the TOTAL R/t costs.