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Written by: Krisztián G. Updated: Dec 2022
Expert verified
Recommended for
  • Investors and traders globally
Trusted broker
Regulated by top-tier financial authorities
Popularity
1,479 people chose this broker in the last 6 months
BrokerChooser Score
4.2/5

AMP Futures review summary

AMP Futures is a US-based broker that has more than 60 trading platform for advanced users, particularly futures traders. AMP Futures has low futures fees and there is no inactivity fee. The desktop platform and its research tools are great and meet the needs of experienced traders. There are many high-quality educational materials, including videos and articles. On the negative side, wire withdrawal fees are quite high. The flagship MultiCharts .NET platform is only available as a desktop app with no mobile or web versions. The product portfolio is thin, covering only futures and options on futures. BrokerChooser gave AMP Futures a 4.2/5 rating based on analyzing 500+ criteria and testing via opening a live account.

AMP Futures is a regulated broker, it is overseen by a top-tier financial regulator in the USA . and it offers negative balance protection We at BrokerChooser always test brokers with real money, including the withdrawal process.

AMP Futures is available in United States

AMP Futures pros and cons

Pros Cons
Low trading fees High wire withdrawal fee
Great platform and research No mobile app and web platform for MultiCharts .NET
High-quality education tools Only futures and options on futures

AMP Futures main highlights

🗺️ Country of regulation USA
💰 Trading fees class Low
💰 Inactivity fee charged No
💰 Withdrawal fee amount $30
💰 Minimum deposit $100
🕖 Time to open an account 1-3 days
💳 Deposit with bank card Not available
👛 Depositing with electronic wallet Not available
💱 Number of base currencies supported 10
🎮 Demo account provided Yes
🛍️ Products offered Futures, Options on futures
To read much more details about the broker's services and features, expand on the sections below.

AMP Futures review
Fees

4.9
AMP Futures has low trading fees, and charges no inactivity or deposit fees. However, withdrawal via wire transfer is quite expensive.
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AMP Futures review
Account opening

3.2
Account opening at AMP Futures is fully digital and there is no minimum deposit. However, the account opening process is a bit complicated.
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AMP Futures review
Deposit and withdrawal

3.1
AMP Futures has a free deposit option and you can choose from several account base currencies. However, you can't use credit/debit cards and the wire withdrawal fee is high.
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AMP Futures review
Web trading platform

At the time of our review, AMP Futures offered only a desktop app version of its MultiCharts .NET platform. Please note though that AMP Futures has a wide selection (60+) of futures trading platforms with mobile and web/cloud-based versions.
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AMP Futures review
Mobile trading platform

At the time of our review, AMP Futures offered only a desktop app version of its MultiCharts .NET platform. Please note though that AMP Futures has a wide selection (60+) of futures trading platforms with mobile and web/cloud-based versions.
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AMP Futures review
Desktop trading platform

3.0
The AMP Futures desktop platform is highly customizable and has many advanced features to assit futures trading, but it might feel complicated at first and also lacks two-step login.
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AMP Futures review
Markets and products

1.2
At AMP Futures you can trade only futures and options on futures. Other popular asset classes such as real stocks or ETFs are not available.
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AMP Futures review
Research

5.0
AMP Futures has a great charting tool with many indicators, and other advanced analytical and technical tools such as backtesting.
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AMP Futures review
Customer service

5.0
Customer service at AMP Futures is good across multiple channels, and includes unique features such as a support forum. However, phone support is slow and not 24/7.
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AMP Futures review
Education

4.3
AMP Futures has great education tools. There is a well-structured video library on its YouTube channel, and you can also read great articles.
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AMP Futures review
Safety

AMP Futures is regulated by the Commodity Futures Trading Commission (CFTC), a top-tier financial authority, and it also transparently publishes financial information.
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AMP Futures review
Bottom line

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AMP Futures review
FAQ

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Author of this review

Krisztián Gátonyi

Author of this review

Krisztián has 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. He received his MSc degree in International Business from the University of Middlesex. He is interested also in real estate and dividend growth investing. His purpose is to help people find the best investment provider.

Krisztián Gátonyi

Senior Broker Expert

Krisztián has 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. He received his MSc degree in International Business from the University of Middlesex. He is interested also in real estate and dividend growth investing. His purpose is to help people find the best investment provider.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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