AMP Futures Forex Broker

AMP Futures Review SummaryFounded2004Registered Country/RegionUnited StatesRegulationCySEC/NFA (Suspicious clone）Market InstrumentsFuturesDemo Account✅Trading Platform50+ platforms (e.g. Quantower, MT5, Sierra Chart, MultiCharts, TradingView)Minimum Deposit$100Customer SupportLive Chat, Remote SupportPhone (Toll-Free: (800) 560-1640, Direct: (312) 893-6400)Email: support@ampfutures.comAMP Futures Information Based in the United States, AMP Futures is a futures broker formed in 2004 providing access to more than 50 trading platforms with ultra-low costs and margins. Its regulatory legality is called into question, nevertheless, as it is now marked for employing questionable clone licenses (CySEC/NFA).Pros and ConsProsConsOver 50 professional trading platformsSuspicous clone licensesVery low trading commissionsLimited trading productsFree access to premium platformsHigh fee for international wire withdrawals ($30)Is AMP Futures Legit? No, AMP Futures is not legit. It uses suspicious clone licenses from CySEC and NFA. The licensed entity names and websites don't match the real authorized companies, indicating it is falsely claiming regulation to mislead users.Regulatory StatusSuspicious CloneRegulated byCyprus (CySEC), United States (NFA)Licensed InstitutionAMP Global LTD/AMP Global Clearing LLCLicense TypeMarket Maker (MM)/Common Financial Service LicenseLicense Number360/18 (CySEC), 0412490 (NFA)What Can I Trade on AMP Futures? AMP Futures offers low-cost futures trading with 50+ supported trading platforms and multiple professional data feeds. They provide free access to platforms, low margins, and no monthly fees.Trading InstrumentsAvailableFutures ✔Forex❌Commodities❌Indices❌Stocks❌Cryptocurrencies❌Bonds❌Options❌ETFs❌AMP Futures Fees AMP Futures offers extremely competitive and low-cost pricing compared to industry standards. They stand out with ultra-low commissions, free access to major trading platforms, and no inactivity or monthly fees, making them one of the most cost-effective futures brokers.Fee TypeAmountCommissionsUltra-low; varies by platform and product, starting from $0.37 per sidePlatform FeesFree access to major platforms like MT5, Quantower, MultiChartsMarket Data FeesDepends on feed (CQG, Rithmic, etc.); some may have additional chargesInactivity Fee❌Monthly Maintenance Fee❌Deposit Fee❌ (ACH, wire deposits accepted)Withdrawal FeeLow or no fees; varies by methodAccount Minimum$100 Day Trading MarginsAs low as $40 (Micro E-mini S&P 500) to $400 (S&P 500 full contract)Other FeesNo volume requirements or hidden costsFee TypeServiceAmountWithdrawal OptionsACH (Next Day - 4pm CST Delivery, US Only)❌Wire (Domestic & International)$30Deposit OptionsIncoming Wires / Checks / ACH❌Returned Check (NSF)$75Check Stop Payments / Wire Recalls / Returned Wire$30Currency Conversions$30Trading24-Hour Trade Desk❌Margin or 80% Daily Loss Limit Liquidation$25 per contractAdditional Trader (User) Login$10 per month3rd Party Platform FeesVaries (see details)AdministrativeElectronic Daily & Monthly Statements❌Mailed Monthly Statement$30Reproduction of Account Statements$30Electronic Trading Audit Detail Log$30Trading Platform AMP Futures supports over 50 trading platforms, including Quantower, MetaTrader 5 (MT5), Sierra Chart, MultiCharts, and TradingView. Most are free for AMP users and accessible via desktop, web, and mobile. These platforms cater to traders of all skill levels, including novices, expert algorithmic traders, and professionals.Deposit and Withdrawal AMP Futures charges no deposit fees, and ACH withdrawals are free, whereas wire withdrawals cost $30. Opening a futures trading account requires a minimum commitment of $100. Deposit OptionsDeposit MethodMinimum DepositDeposit FeesDeposit TimeWire Transfer (Domestic & International)$100❌Typically 1 business dayACH (Automated Clearing House)$100❌1–2 business daysCheck$100❌Varies by mail/courier Withdrawal OptionsWithdrawal MethodWithdrawal FeesWithdrawal TimeACH (Domestic Only)❌Next day by 4 PM CSTWire Transfer (Domestic & International)$30Typically 1 business day