AMP Futures is a Chicago-based brokerage company providing access to Futures contracts across 7 assets classes, such as Stock Indices, Currencies, and Metals through 50+ trading platforms, including TradingView and MT5.
AMP Futures; Who is Behind the Broker? Is It Regulated?
AMP Global (USA) is a USA-based Futures Commission Merchant (FCM) regulated by the National Futures Association (NFA) and the Commodity Futures Trading Commission (CFTC). The company was founded in 2010, and its website is registered to “Daniel Culp”.
AMP Global has provided services in Europe since 2011 through AMP Global (Europe), regulated by CySEC. However, the company stopped all of its operations in this region as of 2024 and now operates only in the USA.
AMP Futures Specific Information
This broker stands out in the crowded futures brokerage market with its unique offerings and client-centric approach. Here's a breakdown of what makes AMP Futures special.
Broker | AMP Futures |
Account Types | Individual, Joint, IRA, Corporate, LLC, Partnership, Trust |
Regulating Authorities | NFA, CFTC |
Based Currencies | USD, EUR, GBP, RUB |
Minimum Deposit | $100 |
Deposit Methods | Bank Wire, ACH, Check |
Withdrawal Methods | Bank Wire, ACH |
Minimum Order | 0.01 lots |
Maximum Leverage | 1:100 |
Investment Options | Auto Trading, Copy Trading |
Trading Platforms & Apps | MT5, TradingView, NinjaTrader, Rithmic, and 46 more solutions |
Markets | Stocks, Currencies, Energies, Metals, Meats, Interest Rates, Grains |
Spread | Variable |
Commission | Variable |
Orders Execution | Market, Stop Loss, Take Profit, Limit |
Margin Call / Stop Out | 100% / 50% |
Trading Features | Auto Trading, Copy Trading |
Affiliate Program | Yes |
Bonus & Promotions | Referral |
Islamic Account | Yes |
PAMM Account | No |
Customer Support Ways | Email, Live Chat, Phone, Remote Desktop, Forum |
Customer Support Hours | 24/7 |
Unlike other Forex brokers, AMP Futures specializes in futures trading.
AMP Futures Broker Account Offerings
The company offers a total of seven account types, including Individual, Joint, IRA, Corporate, LLC, Partnership, and Trust. However, at first, you can only choose between Individual or Joint accounts, and then you can change your account type. Key features of AMP Futures accounts:
Execution Model | Futures Exchanges/STP |
Leverage | Up to 1:100 |
Min Deposit | 100 USD/EUR/GBP or 6,500 RUB |
Min Trade Size | 0.01 lots |
Max Trade Size | 100.00 lots |
Max Open Positions | Unlimited |
Margin Call | 100% |
Stop-Out | 50% |
Hedging | No |
Scalping, EAs, and News Trading | Yes |
The broker also offers swap-free account with no overnight interest charges for clients following Islamic banking principles. However, it’s limited to selected currency pairs.
AMP Futures Pros & Cons
With its combination of low costs, diverse platforms, and comprehensive support, AMP Futures aims to cater to traders with different levels. However, to have a balanced look we must consider the cons, too.
Pros | Cons |
Ultra-low pricing structure | Geo-Restrictions |
Multiple free trading platforms | Limited markets |
24/7 customer support | Limited account types |
Various data feed options (CQG, Rithmic) | - |
AMP Futures Account Opening and Verification
Opening an account with AMP Futures is a straightforward process designed to get you trading as quickly as possible while ensuring compliance with regulatory requirements. AMP Futures registration:
#1 Access the AMP Futures Registration Page
Head to the AMP Futures official website and click on “Sign Up”. You’ll be redirected to the secure onboarding platform where account creation begins.
Step 2: Complete the Registration Form
Choose your account type (e.g., individual), then provide:
- Your first and last name
- A unique username
- The email address and phone number not linked to other AMP accounts
- A secure password (minimum 12 characters with upper/lowercase letters, numbers, and symbols)
Agree to the platform's terms and proceed.
Step 3: Verify Your Contact Information
AMP Futures sends a verification link via email. Click to confirm. Then, enter the SMS code sent to your mobile. Once verified, you’ll be granted access to your dashboard and can proceed with full identity verification and account setup.
For account verification, traders must provide valid identification documents, such as a national ID card, passport, or driver's license.
What Are the Available Trading Platforms on AMP Futures?
The next topic to discuss in this AMP Futures review is the trading platform. The broker offers 50+ advanced platforms across various devices, including Android, iOS, Desktop, and Web. This diverse selection caters to traders of all experience levels and preferences. AMP Futures trading platforms:
- MetaTrader 5
- CQG Trader
- Trading Technologies (TT)
- Rithmic
- R Trader Pro
- NinjaTrader
- TradingView
- QuanTower
- MultiCharts
- Sierra Chart
- Bookmap
- MotiveWave
These platforms support various data feeds, including CQG, Rithmic, TT, and Teton. The maximum available leverage in any of these platforms is 1:100.
AMP Futures Fee Structure
Understanding the fee structure is crucial when choosing a futures broker. The company offers a competitive pricing model, but knowing all potential costs is important. Key specifics of AMP Futures pricing:
Trading Fees
- Commission-free access to the 24-hour trade desk
- $25 per contract for margin and/or 80% daily loss limit liquidation
- $10 monthly fee for additional user logins
Platform Costs
- Vary depending on the chosen platform
- Some platforms like CQG, R Trader Pro, TradingView, and MT5 are offered free of charge
Administrative Fees
- Free electronic daily and monthly statements
- $30 for mailed monthly statements
- $30 for account statement reproductions
- $30 for electronic trading audit detail logs
Deposit and Withdrawal Fees
- Free incoming wires, checks, and ACH deposits
- Free ACH withdrawals
- $30 for domestic and international wire withdrawals
- $75 for returned checks
- $30 for wire recalls/returns
AMP Futures Payment Options
The broker implements traditional banking solutions for funding and withdrawal transactions. Here's an overview of the available payment methods on AMP Futures.
- Wire Transfer: Fastest method for account funding with potential intermediary bank fees (minimum amount $100)
- ACH (Automated Clearing House): A solution to move money electronically between US banks
- Check: Accepted only for deposits, but not recommended due to slow processing times
Copy Trading and Growth Plans on AMP Futures Broker
The company offers innovative features to help traders grow their accounts and improve their trading strategies. Here's an overview of the copy trading and growth opportunities available on AMP Futures.
- Copy Trading: Available through the MetaTrader 5 (MT5) platform, which allows traders to replicate trades of successful signal providers automatically
- Growth Plans: Advanced analytical tools for technical and fundamental analysis with the ability to create and deploy automated trading strategies (Expert Advisors) using MQL5
AMP Futures Financial Instruments
We must discuss the financial market coverage in this AMP Futures review. The broker offers Futures contracts on various financial instruments, allowing traders to diversify their portfolios and capitalize on diverse market opportunities.
- Stock Index: E-mini S&P 500, E-mini Nasdaq-100, E-mini Dow, E-mini Russell 2000, and more
- Currency: Major, minor, and exotic Forex pairs like EUR/USD, USD/JPY, and GBP/USD
- Commodity: Energy (Crude oil, natural gas), Metals (Gold, silver, copper), and Agricultural Products (Corn, soybeans, wheat)
- Interest Rate: US Treasury bonds
AMP Futures Broker Bonus and Promotional Offerings
The broker doesn’t offer any traditional bonus plans like a welcome gift or an extra deposit. However, you can earn passive income through the affiliate program for non-US customers.
AMP Futures Customer Support Channels
The next aspect to explore in this AMP Futures review is customer support. The broker prides itself on providing comprehensive 24/7 support to ensure a smooth trading experience for its clients.
Remote Desktop | Connect your monitor to the AMP experts |
Live Chat | Non-responsive |
Phone | (800) 560-1640 |
support@ampfutures.com | |
Forum | Communicate with the broker’s experts and clients |
Restricted Countries on AMP Futures Broker
While the broker aimed to serve a global clientele, ceasing its operation in Europe and other regulatory requirements means that it cannot offer its services in all countries. AMP Futures Geo-Restrictions:
- Afghanistan
- Albania
- Azerbaijan
- Bangladesh
- Belize
- Belarus
- Cambodia
- Central African Republic
- Cuba
- Gaza Strip
- Iran
- Iraq
- Jordan
- Libya
- Russian Federation
- Syria
- Ukraine
- Yemen
AMP Futures Broker on Review Websites
The company has garnered attention on various review websites, providing potential clients with valuable insights from real users.
4.5 out of 5 based on 653 reviews | |
TradingView | 4.7 out of 5 |
AMP Futures Educational Materials
The last thing we must mention in this AMP Futures review is the educational content. The broker demonstrates a strong commitment to trader education by providing a wealth of resources on various subjects, including:
- Order Types
- History of Futures
- Futures vs. Stocks
- Introduction to Emini contracts
- Trading 101
- Webinars
Comparing AMP Futures with Other Forex Brokers
Parameters | AMP Futures Broker | |||
Regulation | NFA, CFTC | CySEC, MiFID, CNMV, MNB, FINANSTILSYNET, ACPR, KNF, BaFin, FI, HCMC | FSC, CySEC | VFSC, CySEC, FSA, FSCA |
Minimum Spread | Variable | From 0.00001 pips | From 0.0 Pips | From 0.0 Pips |
Commission | Variable | $8 | From $0.0 | From $0.0 |
Minimum Deposit | $100 | $100 | $5 | $5 |
Maximum Leverage | 1:100 | 1:300 | 1:3000 | 1:5000 |
Trading Platforms | MT5, TradingView, NinjaTrader, Rithmic, and 46 more solutions | MetaTrader 5 | MT4, MT5, Mobile App | MT4, MT5 |
Account Types | Individual, Joint, IRA, Corporate, LLC, Partnership, Trust | ECN, ECN Plus, ECN VIP, Demo | Standard | Standard+, ECN Zero, Mini Optimus, Pro |
Islamic Account | Yes | Yes | Yes | Yes |
Number of Tradable Assets | N/A | 120+ | 550+ | N/A |
Trade Execution | Market, Stop Loss, Take Profit, Limit | Market | Market | Market |
Conclusion and Final Words
AMP Futures offers Futures trading through 50+ trading platforms for a minimum deposit of $100. The broker was authorized to operate in Europe by CySEC. However, it ceased all operations in the region in 2024, and now, it only offers services in the USA. The company provides 24/7 support and has a TrustPilot score of 4.7.