Cheapest Way to Get CME Data?

[Tooth Faerie]

I'm signing up to interactive Brokers with corporate trustee so I can open a margin account.

The biggest drawback so far are the market data fees because this kind of account is considered "professional".

As it stands, this would be just over a $1000 drag on profits p.a.

Does anyone know any alternative way to getting cheaper market data?

 

[CanOz]

The best way would be to open an amp clearing account with $500. Then you get a choice of platforms. Pick a platform where you can use IB as the broker whilst still using amp clearing for data (cqg etc.).

 

[Tooth Faerie]

The best way would be to open an amp clearing account with $500. Then you get a choice of platforms. Pick a platform where you can use IB as the broker whilst still using amp clearing for data (cqg etc.).

I haven't come across this solution but I will research it right away.

Thanks for helping me out.

 

[CanOz]

Before ninjatrader became a brokerage you could do it. I’m not sure now....maybe mt5?

 

[Tooth Faerie]

Before ninjatrader became a brokerage you could do it. I’m not sure now....maybe mt5?

https://www.ampfutures.com/

Is that what you're talking about?

What's your trading setup like? Are you with IB?

 

[CanOz]

Nah, I used to be for equities....I'm with macquarie and amp now.

 

[Tooth Faerie]

Nah, I used to be for equities....I'm with macquarie and amp now.

Is Macquarie and amp better than IB?

 

[CanOz]

Amp is arguably the best and cheapest for futures, but IB is likely the best all rounder....

 

[Tooth Faerie]

Amp is arguably the best and cheapest for futures, but IB is likely the best all rounder....

Would you be able to give me a link for the amp product you're using?

 

[CanOz]

I'm using Sierra chart now. But only through amp, haven't been able to set it up with macquarie yet...still trying. Do you already have an interactive brokers account?