Amp Global Review

Rana Adnan | November 26, 2020

AMP Global Clearing is a Chicago-based Futures Commission Merchant (FCM) that offers access to the global electronic futures markets for Individual Traders, the US, and Foreign Introducing Brokerages, CTAs, 3rd Party & API Developers. They provide traders with over 50 platforms for trading various financial instruments, including futures, forex, options, CFDs, and more. The minimum deposit required to operate a live trading account is $100.

Broker Pros / Cons
  • Multiple sophisticated trading platforms
  • Several financial assets
  • Educational resources & trading tools
  • 24/7 client support
  • Limited funding options
  • Not the lowest commissions
  • Not the tightest spreads

Summary

Headquartered in the United States of America, Amp Global is an online trading broker that offers multiple platforms for trading multiple financial instruments. They make available to clients a selection of educational resources and useful trading tools. There is also a professional customer support team that is available 24/7 to assist traders.

Regulation

AMP GLOBAL CLEARING LLC – AMP GLOBAL (USA), which is authorized as a Futures Clearing Merchant “FCM”, is regulated by the National Futures Association and the Commodity Futures Trading Commission, with license no. 0412490.

AMP GLOBAL LTD – AMP GLOBAL (EUROPE), which is authorized as a Cypriot Investment Firm “CIF” is regulated by the Cyprus Securities and Exchange Commission, with license no. 360/18.

Traders from different parts of the world are welcomed to open a live trading account with the broker, provided that doing so would not be contrary to any local law or regulation.

Platforms

Amp Global allows clients to choose from a variety of over 50 advanced trading platforms, including the following:

MultiCharts.Net

This is a sophisticated trading platform that combines the best features of MultiCharts with the robust potential of the .NET framework. It is designed specifically for programmers. Users can create strategies and indicators in C# and VB.NET. The MultiCharts.Net trading platform allows you to choose between 32 and 64-bit versions for the one that suits your needs best.

MetaTrader 5

This is an advanced trading platform that was developed in 2010 to succeed the MT4. It features various advanced trading functionalities, including one-click trading, support for the automation of trades via expert advisors, multiple timeframes, and more. The platform is available in the following versions: desktop, web, and mobile.

Sierra Charts

Free Sierra Chart with CQG, TT, and Rithmic is a complete and professional trading, real-time and historical charting, and technical analysis platform for the financial markets. The platform makes use of advanced engineering and design practices to produce well-organized, fast, and ultra-rock-solid trading software.

There is also a vast array of other third-party trading platforms that are available at Amp Global, such as the Jigsaw Trading, CQG QTrader, Rithmic, CTS, Motivewave, Algo Design Lab, AgenaTrader, Barchart Trader, and more. They are available in multiple versions, including desktop applications for Windows and Mac computers, webtraders that can run directly on modern websites, and mobile apps for Android and iOS devices.

Amp Global Platforms

Amp Global Platforms

Tools

Traders are also provided with some standalone trading tools for an optimal trading experience. Some of the tools include advanced charts and an economic calendar.

Amp Global Economic Calendar

Amp Global Economic Calendar

Education

The broker’s website is packed with several educational resources that help to improve traders’ skills and knowledge. The resources include learning articles, trading guides, webinars, a video library, and a glossary that contains multiple trading terms along with their detailed explanations.

Markets

The broker offers the following financial assets: forex, futures, options, CFDs, and more.

Accounts

The broker offers the following trading account options: Individual, IRA, Joint, Corporate, LLC, Partnership, and Trust accounts. The minimum deposit required to operate a live trading account is $100.

Support

AMP is committed to creating open and accessible support for its customers. All the agents are trained to answer your questions about your account and all the available trading platforms. The broker’s tech support and trade desk provides 24-hour assistance via telephone, email, live chat, and social media.

Funding

Amp accepts the following payment methods for both account deposits and withdrawals: bank wire transfers, ACH, and checks.

Signup

To register an account with Amp Global, click on the ” Open an Account” button at the top of the website and choose your desired account type. You will be required to fill in the account application form.

Amp Global Account Opening Page

Amp Global Account Opening Page

Compare

Compare Broker (vs Our Top 3 Brokers)
Broker FeaturesAvaTradeIGIC Markets
Founded200619742007
RegulatedASIC, BVI, CBI, FFAJ, JFSA, FSCA, IIROC, ADGM FRSAFCA, CFTC, NFA, BaFin, FINMA, ASIC, FMA, MAS, FSA, FSCA, DFSA, JFSA, METI, MAFFASIC, CySEC, FSA, SCB
CountryAustralia, Ireland, South Africa, Japan, British Virgin IslandsAustralia, UK, USA, Switzerland, UAE, Singapore, JapanAustralia, Seychelles, Bahamas, Cyprus
Min. DepositMin $250 DepositMin $100 DepositMin $200 Deposit
CommissionFrom $0From $0From $0
SpreadsFixedVariableVariable
Leverage1:4001:2001:500
InstrumentsForex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Options, Bonds, CFDs, ETFsForex, Commodities, Stocks, Shares, Indices, Cryptocurrencies, Metals, Energies, Options, Bonds, ETFs, CFDsForex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Bonds, CFDs
PlatformsMetaTrader 4, MetaTrader 5, AvaTradeGO, AvaOptions, AvaSocial, DupliTrade, ZuluTrade, Web, MobileMetaTrader 4, IG Platform, IG Progressive Web App, ProRealTime (PRT), L2 Dealer, FIX API, Web, MobileMetaTrader 4, MetaTrader 5, cTrader, Web, Mobile
TypeMarket Maker, STPSTP, ECN, DMAECN
FundingWire Transfer, Credit/Debit Card, Paypal, WebMoney, Neteller, SkrillWire Transfer, Credit/Debit Cards, PayPalWire Transfer, Credit Card, Debit Card, WebMoney, Neteller, PayPal, Skrill, FasaPay, UnionPay, Qiwi, Bpay, Poli
Visit BrokerVisit BrokerVisit BrokerVisit BrokerVisit BrokerVisit BrokerVisit BrokerVisit Broker

Conclusion

Amp Global is an online financial services provider that operates from Chicago and Limassol. They offer access to the global financial markets via multiple trading platforms. Traders benefit from educational resources, trading tools, and a client support team. The minimum deposit required to open a live trading account is $100, whilst there is a competitive commission charged on trades.

Amp Global Logo

Min $100 Deposit

Amp Global is an online financial services provider that offers access to the global financial markets via multiple trading platforms.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

About the Author

Rana Adnan
I am an introverted long-distance runner and a Forex trader with more than 7 years of experience. Reminiscences of a stock operator was the first book that changed the whole concept of trading for me.

Review Methodology

For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs. You can read more about our review process.

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