Score

2.40 /10
Danger

AMP Futures

United States

5-10 years

Suspicious Regulatory License

MT5 Full License

Global Business

Suspicious Overrun

High potential risk

A

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Score

Regulatory Index0.00

Business Index7.36

Risk Management Index0.00

Software Index9.63

License Index0.00

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Licenses

VPS Standard
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Broker Information

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Company Name

AMP GLOBAL CLEARING LLC

Company Abbreviation

AMP Futures

Platform registered country and region

United States

Company website

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Company summary

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Warning: Low score, please stay away! 3
Previous Detection : 2025-06-16
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The United StatesNFA regulation (license number: 0412490) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

AMP Futures · Company summary
AMP Futures Review Summary
Founded2004
Registered Country/RegionUnited States
RegulationCySEC/NFA (Suspicious clone)
Market InstrumentsFutures
Demo Account
Trading Platform50+ platforms (e.g. Quantower, MT5, Sierra Chart, MultiCharts, TradingView)
Minimum Deposit$100
Customer SupportLive Chat, Remote Support
Phone (Toll-Free: (800) 560-1640, Direct: (312) 893-6400)
Email: support@ampfutures.com

AMP 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).

AMP Futures' homepage

Pros and Cons

ProsCons
Over 50 professional trading platformsSuspicous clone licenses
Very low trading commissionsLimited trading products
Free 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 Clone
Regulated byCyprus (CySEC), United States (NFA)
Licensed InstitutionAMP Global LTD/AMP Global Clearing LLC
License TypeMarket Maker (MM)/Common Financial Service License
License Number360/18 (CySEC), 0412490 (NFA)
Suspicious Clone CySEC license
Suspicious Clone NFA license

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 InstrumentsAvailable
Futures
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 TypeAmount
CommissionsUltra-low; varies by platform and product, starting from $0.37 per side
Platform FeesFree access to major platforms like MT5, Quantower, MultiCharts
Market Data FeesDepends on feed (CQG, Rithmic, etc.); some may have additional charges
Inactivity Fee
Monthly Maintenance Fee
Deposit Fee (ACH, wire deposits accepted)
Withdrawal FeeLow or no fees; varies by method
Account 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 costs
Fee TypeServiceAmount
Withdrawal OptionsACH (Next Day - 4pm CST Delivery, US Only)
Wire (Domestic & International)$30
Deposit OptionsIncoming Wires / Checks / ACH
Returned Check (NSF)$75
Check Stop Payments / Wire Recalls / Returned Wire$30
Currency Conversions$30
Trading24-Hour Trade Desk
Margin or 80% Daily Loss Limit Liquidation$25 per contract
Additional Trader (User) Login$10 per month
3rd Party Platform FeesVaries (see details)
AdministrativeElectronic Daily & Monthly Statements
Mailed Monthly Statement$30
Reproduction of Account Statements$30
Electronic Trading Audit Detail Log$30

Trading 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.

Trading Platform

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 Options

Deposit MethodMinimum DepositDeposit FeesDeposit Time
Wire Transfer (Domestic & International)$100Typically 1 business day
ACH (Automated Clearing House)$1001–2 business days
Check$100Varies by mail/courier

Withdrawal Options

Withdrawal MethodWithdrawal FeesWithdrawal Time
ACH (Domestic Only)Next day by 4 PM CST
Wire Transfer (Domestic & International)$30Typically 1 business day

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User comment

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Better half
more than one year
Never deal with a company that does not have a regulatory license, it is as dangerous as playing with fire. Don't just entrust money to companies that you don't know the details of.
Never deal with a company that does not have a regulatory license, it is as dangerous as playing with fire. Don't just entrust money to companies that you don't know the details of.
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2023-02-17 15:44
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风水
more than one year
I Checked its regulatory license after they contacted me not long before. This broker is awfully terrible, under no valid regulation. This is definitely not our ideal choice.
I Checked its regulatory license after they contacted me not long before. This broker is awfully terrible, under no valid regulation. This is definitely not our ideal choice.
Translate to English
2023-02-16 09:52
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