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AMP Futures Company

  

AMP Futures Company: A Comprehensive Overview

  

1. Company Overview

  

Founding Date and Background

  AMP Futures was founded in 2010 as a futures commission merchant (FCM) based in Chicago, Illinois. The company was established to provide traders with direct access to global electronic futures markets, catering to individual traders, introducing brokerages, commodity trading advisors (CTAs), and third-party developers.

  

Parent Company/Ownership Structure

  AMP Futures operates under AMP Global Clearing LLC, which is the parent company. The firm is structured to serve both domestic and international markets, focusing on providing competitive pricing and advanced trading technology.

  

Headquarters Location

  The headquarters of AMP Futures is located at 221 N LaSalle Street, 25th Floor, Chicago, Illinois, USA.

  

Global Business Scope

  AMP Futures primarily serves clients in the United States but has previously offered services in Europe and other regions. The company emphasizes global connectivity, allowing clients access to various international exchanges.

  

Main Regulatory Bodies

  AMP Futures is regulated by the National Futures Association (NFA) and the Commodity Futures Trading Commission (CFTC), ensuring compliance with U.S. financial regulations.

  

2. Company History and Development

  

Key Milestones

  • 2010: AMP Futures was founded, establishing itself in the futures trading market.
  • 2011: The company expanded its services to Europe through AMP Global (Europe), which was regulated by CySEC.
  • 2024: AMP Global ceased operations in Europe, refocusing its services solely on the U.S. market.

  

Business Expansion Journey

  AMP Futures has continuously evolved its offerings, expanding its range of trading platforms and data feeds. The introduction of multiple trading platforms has allowed the company to cater to a diverse clientele, from novice traders to experienced professionals.

  

Customer Base Growth

  Over the years, AMP Futures has grown its customer base significantly, attracting traders with its low-cost structure and advanced technological offerings. The company has built a reputation for excellent customer service, which has contributed to its increasing popularity among traders.

  

Platform Development History

  AMP Futures supports over 50 trading platforms, including popular options such as MetaTrader 5, TradingView, and NinjaTrader. The continuous development of these platforms has been a key factor in attracting and retaining clients.

  

Important Awards or Recognitions Received

  While specific awards are not detailed in the available information, AMP Futures has garnered positive reviews on platforms like Trustpilot and TradingView, reflecting its commitment to customer satisfaction and service quality.

  

3. Trading Services Offered

  

Forex Trading Options

  AMP Futures offers access to a wide range of currency pairs, enabling traders to engage in forex trading. The exact number of currency pairs may vary, but the platform typically supports major, minor, and exotic pairs.

  

Stock Trading Options

  The company primarily focuses on futures trading rather than traditional stock trading. However, traders can access futures contracts linked to various stock indices.

  

CFD Trading Products

  Currently, AMP Futures does not explicitly mention offering Contracts for Difference (CFDs) as part of its trading services. The focus remains predominantly on futures trading.

  

Other Financial Instruments

  AMP Futures provides access to various financial instruments, including:

  • Futures Contracts: Covering assets such as commodities, indices, and currencies.
  • Options: On futures contracts, allowing traders to hedge or speculate on price movements.
  • Cryptocurrencies: While not a primary offering, futures contracts on cryptocurrencies may be available.

  

Special Services or Unique Advantages

  AMP Futures distinguishes itself through:

  • Ultra-Low Pricing: Competitive commission structures with no monthly platform fees.
  • 24/7 Customer Support: Multilingual support to assist clients in various languages.
  • Free Trading Platforms: Offering advanced trading features without additional costs for users.

  

  

Detailed Regulatory Information

  AMP Futures is regulated by:

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

  These regulatory bodies ensure that AMP Futures adheres to strict standards of financial conduct and customer protection.

  

  AMP Futures operates as AMP Global Clearing LLC in the United States. Previously, it had a separate legal entity for its European operations, which has since been discontinued.

  

Client Fund Protection Measures

  AMP Futures employs various measures to protect client funds, including segregation of client accounts and adherence to regulatory requirements set forth by the NFA and CFTC.

  

Countries/Regions Served

  While AMP Futures primarily serves clients in the United States, it previously catered to European clients. Currently, services are focused on U.S.-based traders.

  

Compliance History

  AMP Futures has maintained a strong compliance record with regulatory bodies, ensuring that its operations align with legal standards. The firm has not reported significant compliance issues that would affect its reputation or operations.

  

5. Competitive Landscape

  

3-5 Main Competitors

  AMP Futures competes with several other firms in the futures trading space, including:

  • Interactive Brokers
  • TD Ameritrade
  • Charles Schwab
  • NinjaTrader
  • TradeStation
  •   

    Positioning in the Industry

      AMP Futures positions itself as a low-cost provider of futures trading services, emphasizing technology and customer support. The firm aims to attract cost-conscious traders looking for efficient and effective trading solutions.

      

    Market Differentiation Factors

      AMP Futures differentiates itself through:

    • Cost-Effective Trading: Low commissions and no monthly fees appeal to budget-conscious traders.
    • Diverse Platform Options: A wide range of trading platforms allows traders to choose based on their preferences and strategies.
    • Robust Customer Support: 24/7 multilingual support enhances the trading experience for clients globally.

      

    Conclusion

      AMP Futures has established itself as a reputable player in the futures trading market, providing a range of services tailored to meet the needs of individual traders and introducing brokers. With a strong regulatory framework, competitive pricing, and a commitment to customer service, AMP Futures is well-positioned to continue its growth in the financial trading landscape.

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