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AMP Global Broker Review

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AMP Global 2025 Review: Everything You Need to Know

  AMP Global is a regulated brokerage firm that has garnered attention for its competitive trading conditions and a diverse range of trading instruments. Overall, the broker is viewed positively, particularly for its robust regulatory framework and the advanced trading platform it offers. However, potential traders should be aware of the high withdrawal fees and the limited research tools available.

  Note: It is essential to consider that AMP Global operates through different entities in various regions, which may affect the services and regulations applicable to clients. This review aims to provide a fair and accurate assessment based on comprehensive research.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 6.5
Tools and Resources 6.0
Customer Service and Support 7.0
Trading Setup (Experience) 7.5
Trustworthiness 8.0
User Experience 7.0

  

How We Rate Brokers

  Our ratings are based on a thorough analysis of various factors, including user feedback, expert opinions, and factual data from reliable sources.

  

Broker Overview

  Founded in 2010, AMP Global is headquartered in Limassol, Cyprus, and operates under the regulation of the Cyprus Securities and Exchange Commission (CySEC) and the National Futures Association (NFA) in the USA. The broker provides access to a range of trading platforms, primarily MetaTrader 5 (MT5), and offers a variety of asset classes, including forex, CFDs, futures, commodities, indices, stocks, and cryptocurrencies.

  

Detailed Breakdown

  

Regulatory Regions

  AMP Global is regulated in multiple jurisdictions, including Europe and the USA. The firm is authorized by CySEC in Cyprus and the NFA in the USA, providing a level of security and oversight that enhances its credibility.

  

Deposit/Withdrawal Currencies

  The broker supports multiple currencies for deposits and withdrawals, including USD, EUR, GBP, and PLN. It also accepts various payment methods, including credit/debit cards, bank transfers, and e-wallets like Skrill and Neteller.

  

Minimum Deposit

  The minimum deposit required to open an account with AMP Global is set at $100, making it accessible for new traders.

  

Bonuses/Promotions

  Currently, AMP Global does not offer any sign-up bonuses or promotional offers. This is a departure from many competitors who often attract clients with incentives. Instead, AMP Global focuses on providing robust trading conditions from the outset.

  

Tradable Asset Classes

  AMP Global offers a diverse range of tradable assets, including:

  • Forex: A wide selection of currency pairs.
  • CFDs: Including stocks, commodities, and indices.
  • Futures: Access to major futures exchanges.
  • Cryptocurrencies: Trading available for several popular cryptocurrencies.

  

Costs (Spreads, Fees, Commissions)

  AMP Global operates with variable spreads, typically starting from 0.5 pips for major currency pairs like EUR/USD. However, the broker has been noted for its high withdrawal fees, which could be a drawback for traders who frequently move funds. Importantly, there are no inactivity fees, which is a positive aspect for less active traders.

  

Leverage

  The broker offers leverage up to 1:100 for forex trading, which is relatively conservative compared to some competitors. European clients can access a maximum leverage of 1:30 as per regulatory standards.

  

Allowed Trading Platforms

  AMP Global predominantly uses the MetaTrader 5 platform, known for its advanced features and user-friendly interface. While MT5 is a robust platform, the broker does not offer alternatives, which may limit options for some traders.

  

Restricted Regions

  AMP Global does not accept clients from several countries, including the USA, Canada, and certain other jurisdictions due to regulatory restrictions.

  

Available Customer Support Languages

  Customer support is available in multiple languages, including English, Russian, Spanish, Arabic, and several European languages. The support is accessible via phone, email, and live chat, though it is worth noting that customer service operates 24/5 and does not provide weekend support.

  

Ratings Revisited

Category Rating (out of 10)
Account Conditions 6.5
Tools and Resources 6.0
Customer Service and Support 7.0
Trading Setup (Experience) 7.5
Trustworthiness 8.0
User Experience 7.0

  

Detailed Evaluation

  

Account Conditions

  AMP Globals account conditions are relatively straightforward, with a minimum deposit requirement of $100. However, the absence of promotional bonuses may deter some traders. The lack of micro accounts may also be a limitation for beginners.

  

Tools and Resources

  While AMP Global does provide access to educational materials, including webinars and articles, the research tools are deemed limited compared to competitors. This could be a disadvantage for traders who rely on comprehensive analysis.

  

Customer Service and Support

  Customer service is generally responsive, with support available in multiple languages. However, the lack of weekend support may be a drawback for traders needing assistance outside standard business hours.

  

Trading Setup (Experience)

  The trading experience on AMP Global is enhanced by the use of the MT5 platform, which offers advanced charting and analysis tools. However, the absence of alternative platforms may limit flexibility for some traders.

  

Trustworthiness

  AMP Global is considered a trustworthy broker due to its regulatory oversight and membership in the investor compensation fund, which protects client funds up to €20,000. This adds a layer of security for traders.

  

User Experience

  The overall user experience is positive, with a user-friendly interface and a reliable trading platform. However, the high withdrawal fees and limited research tools may detract from the experience for some users.

  In conclusion, while AMP Global presents a solid option for traders, particularly those interested in futures and forex, potential clients should weigh the pros and cons carefully, especially regarding withdrawal fees and the limited range of research tools.