AMP Futures Logo

AMP Futures Review 2024

Written by
Krisztián G.
Fact checked by
Adam N.
Updated
1w ago
Key data
Fees
Safety
Deposit and withdrawal
Account opening
Mobile app
Desktop platform
Product selection
Regulated and trusted. Tested via live trading.
4,262 people chose this broker
Available in United States

Why choose AMP Futures

AMP Futures is a US-based broker that has more than 60 trading platforms for advanced users, particularly futures traders.

The broker 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 slim, covering only futures and options on futures.

BrokerChooser gave AMP Futures a 4.2/5 rating based on analyzing 600+ criteria and testing via opening a live account.

  • Low trading fees
  • Great platform and research
  • High-quality education tools

Explore the key metrics of AMP Futures

Overall score
4.2/5
Minimum deposit
$100
Futures fee
Low
Withdrawal fee
$30
Account opening
1-3 days

Not sure if this is the right broker for you? See the best ones.

See how the best brokers in the United States compare to AMP Futures

Micro US index futures fee
Estimated commission for 10 contracts

Fees

Score: 4.7/5
AMP Futures has low trading fees, and charges no inactivity or deposit fees. However, withdrawal via wire transfer is quite expensive.
  • Low trading fees
  • No inactivity fee
  • No deposit fee

We compared AMP Futures's fees with two similar brokers we selected, NinjaTrader and Optimus Futures. These competitors were selected based on objective factors like products offered, client profile, fee structure, etc. See a more detailed comparison of AMP Futures alternatives.

Low futures fees

US index futures fees are as follows - All-in fees for volume-tiered fee structure: $0.49-$0.46 per side depending on the contracts traded.

Broker
US micro e-mini stock index futures
AMP Futures
$1.4
NinjaTrader
$3.5
Optimus Futures
$2.5
AMP Futures stock index futures commission on 10 contracts

The fees above include only the commission and clearing fee charged by AMP Futures, but do not include exchange, NFA or order routing fees. This ensured a fair "apples-to-apples" comparison among all brokers.
To see a detailed rundown of fees charged by AMP Futures, check the table below.

Futures trading commissions
Instrument <1,000
contracts
1,001-4,999
contracts
5,000-9,999
contracts
>10,000
contracts
Micro e-mini S&P 500 Index $0.44 $0.43 $0.42 $0.41
FTSE 100 Index £1.16 £1.01 £0.91 £0.81
Mini-DAX €1.11 €0.96 €0.86 €0.76

AMP Futures charges the same commissions for options on futures.

No inactivity fee, average withdrawal fee

There is no inactivity, deposit or ACH withdrawal fee. On the other hand, wire withdrawals come with a high $30 fee per transaction.
You can use more than 60 trading platforms at AMP Futures. However, some of these are not free. For example, Sierra Chart (Package 5) charges a $25 monthly fee.

Broker
Inactivity fee
Withdrawal fee
AMP Futures
$30
NinjaTrader
$0
Optimus Futures
$20
AMP Futures inactivity, withdrawal and other fees

Safety

AMP Futures is regulated by the Commodity Futures Trading Commission (CFTC), a top-tier financial authority, and it also transparently publishes financial information.
  • Financial information is publicly available
  • Regulated by a top-tier financial authority
Read more

Deposit and withdrawal

Score: 2.7/5
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.
  • No deposit fee
  • Several account base currencies
Read more

Account opening

Score: 3.1/5
Account opening at AMP Futures is fully digital and there is no minimum deposit. However, the account opening process is a bit complicated.
  • Fully digital
  • Low minimum deposit
Read more

Mobile app

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.
Read more

Desktop platform

Score: 2.5/5
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.
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Price alerts
Read more

Product selection

Score: 1.5/5
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.
Read more
“I recommend AMP Futures for active traders focusing on futures.”

FAQ

Read more
Got questions?
Engage with our growing community of traders and investors like you to find your answers.
Join now

Author of this review

Krisztián Gátonyi

Forex • Market Analysis • Stock Market

I have 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. I'm actively involved in reviewing the 100+ brokers listed on our site. I personally open accounts with real money, execute trades, test customer services. I hold an MSc in International Business from the University of Middlesex. My 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.

Follow us

Regional settings

×
I'd like to trade with...