AMP Global Forex Broker

AMP Global Forex Broker - Complete Information Guide

1. Broker Overview

　　AMP Global, officially known as AMP Global Ltd, was established in 2010 and is headquartered in Limassol, Cyprus. The company operates as a private entity, providing a variety of financial trading services primarily to retail clients and institutional investors. AMP Global aims to deliver a seamless trading experience by offering access to a wide range of financial instruments, including forex, CFDs, futures, and cryptocurrencies.

　　The development of AMP Global has been marked by significant milestones, including its expansion into the European market, where it established a subsidiary to cater to clients outside North America. The firm operates under the regulatory oversight of the Cyprus Securities and Exchange Commission (CySEC) and is a member of the Investor Compensation Fund, which enhances the safety of client funds.

　　AMP Global is affiliated with AMP Futures, a well-known Chicago-based futures brokerage. The business model of AMP Global focuses on retail forex trading and institutional services, providing clients with advanced trading platforms and tools to facilitate their trading activities.

2. Regulation and Compliance Information

　　AMP Global is regulated by several reputable authorities, including:

• Cyprus Securities and Exchange Commission (CySEC) - License No. 360/18
• National Futures Association (NFA) - License No. 0412490
• Commodity Futures Trading Commission (CFTC) - License No. 0412490

　　The regulatory licenses held by AMP Global ensure compliance with stringent financial standards, which are crucial for maintaining investor trust. The firm adheres to the Markets in Financial Instruments Directive (MiFID), which enhances transparency across the European Union's financial markets.

　　AMP Global maintains a robust client funds segregation policy, ensuring that client deposits are kept in separate accounts from the company's operational funds. Additionally, the broker participates in the Investor Compensation Fund, providing coverage of up to €20,000 per eligible client in case of insolvency.

　　The firm also implements Know Your Customer (KYC) and Anti-Money Laundering (AML) measures to prevent fraudulent activities and ensure compliance with international regulations.

3. Trading Products and Services

　　AMP Global offers a diverse range of trading products, catering to various trading preferences. The broker provides access to over 60 forex currency pairs, including major, minor, and exotic pairs. In addition to forex, AMP Global offers a variety of CFD products, including:

• Indices: Major global indices such as the S&P 500, FTSE 100, and DAX 30.
• Commodities: Precious metals like gold and silver, as well as energy products such as crude oil and natural gas.
• Stocks: CFDs on popular stocks from major markets, including tech giants like Apple and Amazon.
• Cryptocurrencies: Trading options for major cryptocurrencies such as Bitcoin, Ethereum, and Litecoin.

　　AMP Global continuously updates its product offerings to meet the evolving demands of traders. The broker focuses on providing a retail trading service that is accessible and user-friendly, while also catering to institutional clients with specific trading needs.

4. Trading Platforms and Technology

　　AMP Global supports the widely recognized MetaTrader 5 (MT5) trading platform, which is known for its advanced features and user-friendly interface. The broker also offers a web-based trading platform, allowing clients to trade without the need for software installation.

　　Additionally, AMP Global provides mobile applications for both iOS and Android devices, enabling traders to manage their accounts and execute trades on the go. The platforms support various order types and offer comprehensive charting tools, technical indicators, and automated trading capabilities.

　　The execution model utilized by AMP Global is primarily STP (Straight Through Processing), ensuring fast and efficient order execution. The broker's technology infrastructure is robust, with servers located in strategic locations to minimize latency and enhance trading performance. API access is also available, allowing for automated trading solutions.

5. Account Types and Trading Conditions

　　AMP Global offers several account types to cater to different trading preferences, including:

• Standard Account: Requires a minimum deposit of $100, with variable spreads starting from 1 pip.
• Islamic Account: A swap-free account option available for clients adhering to Islamic finance principles, with the same trading conditions as the standard account.
• Corporate Account: Tailored for businesses, offering unique trading conditions.

　　The leverage offered by AMP Global varies by account type, with a maximum of up to 1:100 for professional clients and 1:30 for retail clients, in accordance with regulatory limits. The minimum trade size is set at 0.01 lots, allowing for flexible trading strategies.

　　AMP Global does not charge inactivity fees, and the broker's policies regarding overnight fees are transparent, providing clarity on potential costs associated with holding positions overnight.

6. Capital Management

　　AMP Global supports a variety of deposit methods, including bank transfers, credit/debit cards, and e-wallets such as Neteller and Skrill. The minimum deposit requirement for all account types is set at $100.

　　Deposits are processed quickly, with credit card and e-wallet transactions typically being instant. Bank wire transfers may take 2-5 business days to complete. AMP Global does not impose deposit fees, although clients should be aware of potential charges from their banks or payment providers.

　　For withdrawals, AMP Global offers multiple options, including bank transfers, credit cards, and e-wallets. The processing time for withdrawals varies, with e-wallet withdrawals being the fastest, often completed within 24 hours. The broker does not charge withdrawal fees, but clients may incur fees from their chosen payment method.

7. Customer Support and Educational Resources

　　AMP Global provides customer support through various channels, including phone, email, and live chat. The support team operates from Monday to Friday, offering assistance in multiple languages, including English, Spanish, Greek, and more.

　　The broker also offers a range of educational resources, including webinars, video tutorials, and articles covering essential trading concepts and strategies. Market analysis services, such as daily reports and news updates, are also available to help traders make informed decisions.

　　AMP Global's trading tools include an economic calendar, trading calculators, and market sentiment indicators, all designed to support traders in their trading activities.

8. Regional Coverage and Limitations

　　AMP Global primarily serves clients in Europe and the United States, with regional offices in several countries. However, the broker does not accept clients from certain jurisdictions, which may include countries with strict regulatory requirements or restrictions on forex trading.

　　The broker's services are tailored to meet the needs of diverse markets, ensuring that clients can access a wide range of trading instruments and platforms. However, potential clients should verify their eligibility based on their country of residence before opening an account.

　　In conclusion, AMP Global is a reputable forex broker that provides a comprehensive trading experience for both retail and institutional clients. With its robust regulatory framework, diverse product offerings, and advanced trading platforms, AMP Global is well-positioned to meet the needs of traders in the competitive financial markets.