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Score
United States
Suspicious Regulatory License
MT5 Full License
Global Business
Suspicious Overrun
High potential risk
Influence
Add brokers
Comparison
Expose
Exposure
Score
Regulatory Index0.00
Business Index7.36
Risk Management Index0.00
Software Index9.63
License Index0.00
Single Core
1G
40G
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Company Name
AMP GLOBAL CLEARING LLC
Company Abbreviation
AMP Futures
Platform registered country and region
United States
Company website
X
YouTube
Company summary
Pyramid scheme complaint
Expose
AMP Futures Review Summary | |
Founded | 2004 |
Registered Country/Region | United States |
Regulation | CySEC/NFA (Suspicious clone) |
Market Instruments | Futures |
Demo Account | ✅ |
Trading Platform | 50+ platforms (e.g. Quantower, MT5, Sierra Chart, MultiCharts, TradingView) |
Minimum Deposit | $100 |
Customer Support | Live Chat, Remote Support |
Phone (Toll-Free: (800) 560-1640, Direct: (312) 893-6400) | |
Email: support@ampfutures.com |
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 | Cons |
Over 50 professional trading platforms | Suspicous clone licenses |
Very low trading commissions | Limited trading products |
Free access to premium platforms | High fee for international wire withdrawals ($30) |
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 Status | Suspicious Clone |
Regulated by | Cyprus (CySEC), United States (NFA) |
Licensed Institution | AMP Global LTD/AMP Global Clearing LLC |
License Type | Market Maker (MM)/Common Financial Service License |
License Number | 360/18 (CySEC), 0412490 (NFA) |
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 Instruments | Available |
Futures | ✔ |
Forex | ❌ |
Commodities | ❌ |
Indices | ❌ |
Stocks | ❌ |
Cryptocurrencies | ❌ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
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 Type | Amount |
Commissions | Ultra-low; varies by platform and product, starting from $0.37 per side |
Platform Fees | Free access to major platforms like MT5, Quantower, MultiCharts |
Market Data Fees | Depends on feed (CQG, Rithmic, etc.); some may have additional charges |
Inactivity Fee | ❌ |
Monthly Maintenance Fee | ❌ |
Deposit Fee | ❌ (ACH, wire deposits accepted) |
Withdrawal Fee | Low or no fees; varies by method |
Account Minimum | $100 |
Day Trading Margins | As low as $40 (Micro E-mini S&P 500) to $400 (S&P 500 full contract) |
Other Fees | No volume requirements or hidden costs |
Fee Type | Service | Amount |
Withdrawal Options | ACH (Next Day - 4pm CST Delivery, US Only) | ❌ |
Wire (Domestic & International) | $30 | |
Deposit Options | Incoming Wires / Checks / ACH | ❌ |
Returned Check (NSF) | $75 | |
Check Stop Payments / Wire Recalls / Returned Wire | $30 | |
Currency Conversions | $30 | |
Trading | 24-Hour Trade Desk | ❌ |
Margin or 80% Daily Loss Limit Liquidation | $25 per contract | |
Additional Trader (User) Login | $10 per month | |
3rd Party Platform Fees | Varies (see details) | |
Administrative | Electronic Daily & Monthly Statements | ❌ |
Mailed Monthly Statement | $30 | |
Reproduction of Account Statements | $30 | |
Electronic Trading Audit Detail Log | $30 |
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.
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 Options
Deposit Method | Minimum Deposit | Deposit Fees | Deposit Time |
Wire Transfer (Domestic & International) | $100 | ❌ | Typically 1 business day |
ACH (Automated Clearing House) | $100 | ❌ | 1–2 business days |
Check | $100 | ❌ | Varies by mail/courier |
Withdrawal Options
Withdrawal Method | Withdrawal Fees | Withdrawal Time |
ACH (Domestic Only) | ❌ | Next day by 4 PM CST |
Wire Transfer (Domestic & International) | $30 | Typically 1 business day |
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