Looking at AMP Futures' All-in-one calculator https://portal.ampclearing.com/account/commissionquote.aspx It states $0.39 for a Micro E-Mini S&P 500 contract. It also states $0.10 for a CQG Trade route. I can't tell if the $0.39 includes the $0.10 or if it needs to be added. It is a bit ambiguous. Is the total cost $0.39 or $0.49? Thanks.
I am seeing MES as 0.27. Then another 10 cents for CQG. These firm fees are rip off for micros. Seems these firms CGQ rithmic etc, charge same for ES and MES. Dont take into account micro size
You pay up to trade micros but if you have a small account and want to practice or put your skills to the test with small dollars risk. It's the only way outside of Sim.
Trade the micro ES. Pricing is more in line with the eminis. The rest of the micro is rip off for now
The OP asked if .39 was the all-in price. Geez! If the options you selected say .39, then yes, that is the all-in price per-side, all fees/routing/etc included... .78 cents round-trip.
Tiddlywinks is right. Prices listed on this page: https://portal.ampclearing.com/account/commissionQuote.aspx There is a list, and at the top of the list you check "Flat Rate"(for over $10k deposit) or "Volume-Tiered" then check on the data feed and the platform, and all the prices are right there. Note there will be 4 prices listed, and those are based on the volume you're trading.
I'm confused because it specifically lists the $0.10 Trade Route fee in the top right. I don't understand why they thought it was important to specifically list the Trade Route fee but not the Exchange, Clearing, Commission or NFA fees. I would have expected either a full breakdown, or no breakdown at all. But listing one random item in the way they do implies it needs to be added to the lower chart. To further add to the confusion, it states in the footnote: Commissions, Clearing, Exchange and Regulatory fees apply to all order types. But it doesn't mention routing fees, which also leads me to believe the $0.10 is not included in the main chart price and needs to be added. Hence asking for confirmation either from AMP or someone who has traded and can confirm the cost charged.
With exception of an actual HFT operation, If commission/fees/etc is the deciding factor as to your overall profitability, then you are not a profitable trader.