Search

For more information about AMP Forex Broker company profile, come to WikiBit!

Rating Index

WikiFX Detection

Business

Field Survey Good

License

VFSC Revoked

AMP Company

  

Amp Company: A Comprehensive Overview

  

1. Company Overview

  

Founding Date and Background

  Amp Company was established in 2010, focusing on providing a range of financial services, particularly in the futures trading sector. The company has carved a niche in empowering independent traders and brokers by offering advanced trading platforms and low-cost trading solutions.

  

Parent Company/Ownership Structure

  Amp Company operates under the umbrella of Amp Global Clearing LLC, which is a registered Futures Commission Merchant (FCM). This structure allows Amp to provide a wide array of trading services while ensuring compliance with relevant regulations.

  

Headquarters Location

  Amp Company is headquartered in Chicago, Illinois, USA. This location positions the firm strategically within one of the world's major financial hubs, facilitating access to global markets.

  

Global Business Scope

  Amp Company serves a diverse clientele, including individual traders, introducing brokerages, and institutional clients. The company provides access to various global electronic futures markets and has expanded its offerings to include forex, stock trading, and CFDs.

  

Main Regulatory Bodies

  Amp Company is regulated by several prominent financial authorities, including the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA) in the United States. This regulatory oversight ensures that the company adheres to strict standards of conduct and financial integrity.

  Back to Top

  

2. Company History and Development

  

Key Milestones

  Since its inception in 2010, Amp Company has achieved several significant milestones. The launch of its trading platform in the same year marked its entry into the competitive trading landscape. Over the years, the firm has expanded its product offerings, including the introduction of forex and CFD trading.

  

Business Expansion Journey

  Amp Company has continuously evolved its business model to adapt to changing market conditions. The firm has expanded its trading platforms, now offering over 50 different options, and has integrated multiple data feeds to enhance trading capabilities.

  

Customer Base Growth

  The customer base of Amp Company has seen substantial growth, with thousands of active traders utilizing its platforms. The firm has gained a reputation for its low-cost trading solutions and excellent customer service, attracting both novice and experienced traders.

  

Platform Development History

  Amp Company has invested heavily in technology to develop user-friendly trading platforms. The introduction of mobile trading and web-based platforms has made it easier for clients to access their accounts and trade on the go.

  

Important Awards or Recognitions Received

  While specific awards were not detailed in the available information, Amp Company has been recognized for its customer service and innovative trading solutions, contributing to its positive reputation in the industry.

  Back to Top

  

3. Trading Services Offered

  

Forex Trading Options

  Amp Company provides a comprehensive forex trading service, offering access to a wide range of currency pairs. Traders can access major, minor, and exotic pairs, allowing for diverse trading strategies and opportunities.

  

Stock Trading Options

  The company also offers stock trading, enabling clients to invest in various equities. This service is enhanced by real-time data and competitive pricing, appealing to both day traders and long-term investors.

  

CFD Trading Products

  Amp Company has expanded its offerings to include Contracts for Difference (CFDs), allowing traders to speculate on price movements without owning the underlying assets. This includes CFDs on indices, commodities, and individual stocks.

  

Other Financial Instruments

  In addition to forex and stock trading, Amp Company provides access to cryptocurrencies and commodities. This broad range of financial instruments allows clients to diversify their portfolios and engage in various trading strategies.

  

Special Services or Unique Advantages

  Amp Company distinguishes itself with several advantages, including:

  • No monthly inactivity fees: This policy encourages traders to engage with the platform without the pressure of maintaining a minimum level of activity.
  • Low minimum deposit requirements: Clients can start trading with as little as $100, making it accessible for new traders.
  • 24/5 customer support: The company offers round-the-clock support, ensuring that traders can get assistance whenever they need it.

  Back to Top

  

  

Detailed Regulatory Information

  Amp Company is regulated by the following bodies:

  • Commodity Futures Trading Commission (CFTC)
  • National Futures Association (NFA)

  These regulatory agencies ensure that Amp adheres to strict guidelines designed to protect investors and maintain market integrity.

  

  Amp operates as a Futures Commission Merchant in the United States, with its legal entity structured to comply with U.S. regulations. The company may also have affiliated entities in other regions, but specific details were not provided in the available information.

  

Client Fund Protection Measures

  Amp Company takes client fund protection seriously. It maintains segregated accounts for client funds, ensuring that they are kept separate from the company's operating funds. This measure is crucial for safeguarding clients' investments.

  

Countries/Regions Served

  While Amp primarily serves clients in the United States, it also caters to international traders, providing access to global markets and financial instruments.

  

Compliance History

  Amp Company has maintained a strong compliance record, adhering to the regulations set forth by its governing bodies. The commitment to compliance is reflected in its operational practices and customer service policies.

  Back to Top

  

5. Competitive Landscape

  

3-5 Main Competitors

  Amp Company faces competition from several notable firms in the trading sector, including:

  • Interactive Brokers
  • TD Ameritrade
  • Charles Schwab
  • E*TRADE

  

Positioning in the Industry

  Amp Company positions itself as a low-cost alternative for traders seeking advanced trading platforms and comprehensive market access. Its focus on customer service and technology sets it apart from competitors.

  

Market Differentiation Factors

  Amp Company's competitive advantages include:

  • Ultra-low pricing: The company offers some of the lowest commission rates in the industry, appealing to cost-conscious traders.
  • Diverse platform offerings: With over 50 trading platforms available, Amp caters to a wide range of trading preferences and strategies.
  • Strong customer support: The emphasis on customer service ensures that traders receive timely assistance, enhancing their overall trading experience.

  Back to Top

  In conclusion, Amp Company has established itself as a significant player in the trading industry by offering a diverse range of services, maintaining a strong regulatory framework, and focusing on customer satisfaction. Its innovative approach and commitment to low-cost trading solutions make it an attractive option for both novice and experienced traders. For more information about Amp Company and its offerings, please visit their official website.