The best alternatives to AMP Futures are
- NinjaTrader - Global platform provider focusing on futures trading
- Optimus Futures - Global platform provider focusing on futures trading
- Interactive Brokers - International broker providing all asset classes
- tastytrade - US options and stockbroker
Let's see in a bit more detail how the AMP Futures alternatives compare to AMP Futures and each other:
| AMP Futures | NinjaTrader | Optimus Futures | Interactive Brokers | tastytrade | |
|---|---|---|---|---|---|
| Overall score | 4.2 stars | 4.4 stars | 3.9 stars | 4.9 stars | 4.7 stars |
| Fees score | 4.8 stars | 4.4 stars | 4.8 stars | 4.4 stars | 4.3 stars |
| Account opening score | 3.2 stars | 3.5 stars | 2.5 stars | 3.2 stars | 5.0 stars |
| Deposit and withdrawal score | 3.1 stars | 1.6 stars | 1.1 stars | 3.0 stars | 1.9 stars |
| Web platform score | - | - | - | 3.8 stars | 3.4 stars |
| Markets and products score | 1.2 stars | 1.9 stars | 1.5 stars | 5.0 stars | 3.3 stars |
| Visit broker | Visit broker | Visit broker | Visit broker |
Why are these brokers considered good alternatives to AMP Futures? There are many areas based on which AMP Futures can be compared with others. When we say a given online broker is a good alternative to AMP Futures we mean these brokers are comparable in the following areas:
- The products they offer, meaning you can buy mostly the same things, i.e. stocks, CFDs, options, etc.
- The type of clients they target, i.e. beginners, experienced investors, or day traders.
AMP Futures alternatives recommendations
Brokers are different in a number of ways, which means each of them may be suitable for different people. Here's how they compare overall:
- AMP Futures is recommended for active traders focusing on futures
- NinjaTrader is recommended for active traders focusing on futures
- Optimus Futures is recommended for day traders focusing on futures and technical trading
- Interactive Brokers is recommended for traders looking for broad market access and a professional trading environment
- tastytrade is recommended for options and futures traders focusing on us markets
Important factors of finding AMP Futures alternatives
So far BrokerChooser has reviewed 102 online brokers in detail, which gives this comparison a solid starting point.
Not only that, but all of these brokers are reviewed using the exact same broker review methodology, which makes everything easily comparable. For each broker, we
- open a live account
- check over 100 criteria, with weighting based on readers' preferences
- refresh data regularly
Whether AMP Futures or one of its alternatives is the best choice for you is on the following five broker characteristics that most interest people:
Fees. There are different types of fees that your online brokerage may charge, and both the number and the size of these fees may vary significantly from broker to broker. Both of these aspects can impact your returns and your overall experience. AMP Futures is one of the cheaper brokers, so if this is an important consideration for you, make sure you pick a similarly low-cost AMP Futures alternative.
Deposit/withdrawal. The number of ways that you can deposit or withdraw money to or from your account matters a lot. For example, while you cannot make a deposit with your credit card at AMP Futures, some alternatives might allow you to do that.
Web trading platform. While online brokers are usually available on various platforms like mobile apps, tablet apps or desktop software, most people use them through their web platform in a browser. User-friendly trading platforms that offer many different resources can significantly increase your trading comfort.
Markets and products. A lot of people have specific products they would like to invest in. Knowing whether stocks, forex, mutual funds, and other products are available at the given AMP Futures alternative is a must.
Now let's dive into the details of how AMP Futures and its alternatives perform in the most important areas!
AMP Futures alternatives
NinjaTrader
NinjaTrader is a US-based software company that provides a great trading platform with advanced research tools. The company was founded in 2003.
Besides providing the software, NinjaTrader is a registered NFA (National Futures Association) company and an introducing broker of brokers like Phillip Capital and Dorman Trading. The introducing broker status means that your assets and cash are held with a broker, like Phillip Capital, but the platform, fees and customer support are provided by NinjaTrader.
In our review, we tested NinjaTrader's platform and brokerage services through an account opened with Phillip Capital. Phillip Capital is a global broker, regulated by top-tier financial authorities such as the US Commodity Futures Trading Commission (CFTC) and the UK's Financial Conduct Authority (FCA).
You can also connect the following brokerage accounts to NinjaTrader platforms: Interactive Brokers, TD Ameritrade, Oanda, Forex.com, FXCM and City Index. The advantage of connecting these accounts is that you can trade other popular asset classes, like stocks, on NinjaTrader's great platform.
Recommended for active traders focusing on futures
| Pros | Cons |
|---|---|
|
• Low trading fees
|
• High withdrawal fee
|
|
• Great platform and research
|
• No mobile app and desktop is only on Windows
|
|
• Quality educational materials
|
• Only futures and options on futures
|
Fees
NinjaTrader has low trading fees for futures and options on futures. The fee structure is transparent. On the negative side, there is a high withdrawal fee.
| Pros | Cons |
|---|---|
|
• Low trading fees
|
• High withdrawal fee
|
|
• Transparent fee structure
|
|
| NinjaTrader | AMP Futures | |
|---|---|---|
| Apple benchmark fee | - | - |
| Vodafone benchmark fee | - | - |
| EURUSD benchmark fee | - | - |
Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX
Account opening
NinjaTrader's account opening is fully digital and the minimum deposit is low, at $400. On the other hand, account verification can take a long time, as much as 4-5 business days, and the account opening process is a bit complicated.
| Pros | Cons |
|---|---|
|
• Fully digital
|
• Slow
|
|
• Low minimum deposit
|
|
| NinjaTrader | AMP Futures | |
|---|---|---|
| Minimum deposit | $400 | $100 |
| Time to open account | >3 days | 1-3 days |
If you are interested more in NinjaTrader minimum deposit, this overview will help you.
Deposit and withdrawal
NinjaTrader's deposit and withdrawal services could be better. You can use only bank transfer and check, and there is a high fee for bank withdrawals. As a plus, there is no deposit fee and withdrawals are quick.
| Pros | Cons |
|---|---|
|
• No deposit fee
|
• Credit/Debit card not available
|
|
• Quick withdrawal, less than 1 business day
|
• High withdrawal fee
|
| NinjaTrader | AMP Futures | |
|---|---|---|
| Bank transfer | Yes | Yes |
| Credit/debit card | No | No |
| Electronic wallets | No | No |
| Withdrawal fee | $40 | $30 |
Web trading platform
At the time of the review, NinjaTrader provided only a desktop platform. The only way to use a web trading platform along with NinjaTrader's desktop trading platform is if you connect an external brokerage account, with a broker like Interactive Brokers or Oanda.
| NinjaTrader | AMP Futures | |
|---|---|---|
| Web platform score | - | - |
| Mobile platform score | - | - |
| Desktop platform score | 4.8 stars | 3.0 stars |
Learn more about NinjaTrader's web trading platform in the detailed NinjaTrader review.
Markets and products
At NinjaTrader Brokerage you can trade only futures and options on futures. To trade popular asset classes like stocks or spot forex, you have to connect your existing brokerage account to NinjaTrader.
| NinjaTrader | AMP Futures | |
|---|---|---|
| Stocks | No | No |
| ETFs | No | No |
| Forex | No | No |
| Funds | No | No |
| Bonds | No | No |
| Options | Yes | Yes |
| Futures | Yes | Yes |
| CFDs | No | No |
| Crypto | Yes | No |
Verdict
NinjaTrader is a great platform for futures trading.
On the plus side, we liked the low commissions. Its advanced platform is great for experienced traders, especially for futures traders. The educational material provided by Ninja is well structured and they have an active user forum as well.
NinjaTrader Brokerage has some drawbacks though. The fees for withdrawal are high, at $30-40 per withdrawal. There is no mobile platform and the desktop platform is available only on Windows. Lastly, the product portfolio covers only futures and options on futures.
As there is no fee for the demo account and you can open it within a few minutes, feel free to try NinjaTrader.
| NinjaTrader | |
|---|---|
| Summary | NinjaTrader is a US-based software company that has an excellent desktop application for advanced users, particularly futures traders. NinjaTrader is an NFA-registered company and an introducing broker of brokers like Phillip Capital and Dorman Trading. |
| Fees score | 4.4 stars |
| Recommended for | Active traders focusing on futures |
AMP Futures alternatives
Optimus Futures
Optimus Futures is a US-based company that provides numerous trading platforms (40+) with advanced research tools. The company was founded in 2005. It is regulated by the US National Futures Association (NFA).
Optimus Futures is an introducing broker of six futures commission merchants (FCMs), which are basically brokers providing futures trading services. The introducing broker status means that your assets and cash are held with the FCMs, but the platform, fees, and customer support are provided by Optimus Futures.
The six FCMs you can select when using Optimus Futures are the following: AMP, Ironbeam, ADM Investor, GAIN Capital (brand name of City Index and Forex.com), TradeStation and Wedbush.
We tested Optimus Futures's Optimus Flow trading platform and brokerage services through an account opened with AMP as an FCM provider. AMP is a global broker, regulated by the US Commodities Futures Trading Commission (CFTC) and the NFA.
Recommended for day traders focusing on futures and technical trading
| Pros | Cons |
|---|---|
|
• Low trading fees
|
• High withdrawal fee
|
|
• Great platform and research
|
• No mobile app, desktop app only for Windows
|
|
• Fast customer service
|
• Only futures and options on futures
|
Fees
Optimus Futures has low trading fees and average non-trading fees. It is positive that there is no inactivity fee, but the withdrawal fee is high.
| Pros | Cons |
|---|---|
|
• Low trading fees
|
• Withdrawal fee
|
|
• No inactivity fee
|
|
|
• Low financing rate
|
|
| Optimus Futures | AMP Futures | |
|---|---|---|
| Apple benchmark fee | - | - |
| Vodafone benchmark fee | - | - |
| EURUSD benchmark fee | - | - |
Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX
Account opening
Optimus Futures's account opening is fully digital and the minimum deposit is not excessive. However, account verification can take quite long, and the whole process is a bit complicated.
| Pros | Cons |
|---|---|
|
• Fully digital
|
• Slow
|
|
• Low minimum deposit
|
• Not user-friendly
|
|
• Many account types
|
|
| Optimus Futures | AMP Futures | |
|---|---|---|
| Minimum deposit | $500 | $100 |
| Time to open account | >3 days | 1-3 days |
If you are interested more in Optimus Futures minimum deposit, this overview will help you.
Deposit and withdrawal
Optimus Futures offers reasonably quick withdrawals, but the positives end there, as wire withdrawals are expensive and you can't use credit/debit cards for deposit or withdrawal.
| Pros | Cons |
|---|---|
|
• No deposit fee
|
• Credit/Debit card not available
|
|
• Quick deposit and withdrawal - within 3 days
|
• High withdrawal fee
|
|
|
• Not user-friendly
|
| Optimus Futures | AMP Futures | |
|---|---|---|
| Bank transfer | Yes | Yes |
| Credit/debit card | No | No |
| Electronic wallets | No | No |
| Withdrawal fee | $30 | $30 |
Web trading platform
At the time of our review, Optimus Futures offered only a desktop version of the Optimus Flow platform. Please note though that Optimus Futures has a wide selection (40+) of futures trading platforms with mobile and web/cloud-based versions.
| Optimus Futures | AMP Futures | |
|---|---|---|
| Web platform score | - | - |
| Mobile platform score | - | - |
| Desktop platform score | 3.8 stars | 3.0 stars |
Learn more about Optimus Futures's web trading platform in the detailed Optimus Futures review.
Markets and products
At Optimus Futures (using Optimus Flow), you can trade only futures and options on futures. Other popular asset classes such as real stocks or ETFs are not available.
| Optimus Futures | AMP Futures | |
|---|---|---|
| Stocks | No | No |
| ETFs | No | No |
| Forex | No | No |
| Funds | No | No |
| Bonds | No | No |
| Options | Yes | Yes |
| Futures | Yes | Yes |
| CFDs | No | No |
| Crypto | Yes | No |
Verdict
Optimus Futures's Optimus Flow is a great platform for futures and options trading.
On the plus side, we liked its low trading commissions. Its advanced trading platform is great for experienced futures and options traders. Optimus Futures has great customer service including an active user forum, as well as some niche educational materials.
Optimus Futures has some drawbacks, though. Withdrawal fees are high, at $30 per transaction in most cases. For Optimus Flow, there is no mobile platform and the desktop platform is available only for Windows. Lastly, the product portfolio covers only futures and options on futures, meaning that Optimus Futures is unlikely to appeal to those looking to assemble a diverse investment portfolio.
Still, as there is a free demo account that you can open in a few minutes, you should feel free to try Optimus Flow.
| Optimus Futures | |
|---|---|
| Summary | Optimus Futures is a US-based introducing broker. It offers futures trading services at discount brokerage prices. |
| Fees score | 4.8 stars |
| Recommended for | Day traders focusing on futures and technical trading |
AMP Futures alternatives
Interactive Brokers
Interactive Brokers, one of the biggest US-based discount brokers, was founded in 1977. The broker is regulated by several financial authorities globally, including top-tier ones like the UK's Financial Conduct Authority (FCA) and the US Securities and Exchange Commission (SEC).
Given that the broker has licenses from multiple top-tier regulators, has a long track record and publicly disclosed financials while being listed on a stock exchange; it all points towards IB being a safe service provider.
IB currently offers high interest on cash balances in several currencies for investors with assets over $10,000.
Interactive Brokers recently launched a new app for global stock trading: GlobalTrader is a simple platform where you can trade stocks and ETFs. If you are looking to trade only those two assets, GlobalTrader is the solution for you, since you will not get distracted with the other unnecessary information about other asset classes. In addition, you will have a more convenient time navigating through its simple user interface. It is also easier and quicker to create a GlobalTrader account than to create an Interactive Brokers account. Read our review of IBKR GlobalTrader
In addition, Interactive Brokers also has an app you can use for ESG investing: read our review of IMPACT by Interactive Brokers.
Recommended for traders looking for broad market access and a professional trading environment
| Pros | Cons |
|---|---|
|
• Low trading fees and high interest (up to 4.58% for USD) on cash balances
|
• Complicated account opening process
|
|
• Wide range of products
|
• Complex desktop trading platform
|
|
• Many great research tools
|
• Understaffed customer service
|
Fees
Interactive Brokers has low trading fees and the best margin rates in the industry. IB currently pays interest (up to 4.58% for USD) on cash balances if you have a $100k account (net asset value). For US clients, stock and ETF trading is free if they choose the Lite plan.
| Pros | Cons |
|---|---|
|
• Low trading fees
|
None |
|
• Free stock and ETF trading for US clients
|
|
|
• Low margin rates
|
|
| Interactive Brokers | AMP Futures | |
|---|---|---|
| Apple benchmark fee | $2.3 | - |
| Vodafone benchmark fee | $8.2 | - |
| EURUSD benchmark fee | $14.8 | - |
Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX
Account opening
IB's account opening process is fully digital and the required minimum deposit is low. On the negative side, the process is complicated and account verification takes relatively long.
| Pros | Cons |
|---|---|
|
• Fully digital
|
• Not user-friendly
|
|
• No minimum deposit for most account types
|
|
| Interactive Brokers | AMP Futures | |
|---|---|---|
| Minimum deposit | $0 | $100 |
| Time to open account | 1-3 days | 1-3 days |
If you are interested more in Interactive Brokers minimum deposit, this overview will help you.
Deposit and withdrawal
Interactive Brokers offers several account base currencies and one free withdrawal per month. The main drawback is that you can only use bank transfer.
| Pros | Cons |
|---|---|
|
• No deposit fee
|
• Credit/Debit card not available
|
|
• Several account base currencies
|
|
|
• First withdrawal free each month
|
|
| Interactive Brokers | AMP Futures | |
|---|---|---|
| Bank transfer | Yes | Yes |
| Credit/debit card | No | No |
| Electronic wallets | No | No |
| Withdrawal fee | $0 | $30 |
Web trading platform
The Interactive Brokers web platform is simple and easy to use, even for beginners, however there are some minor but annoying glitches.
| Pros | Cons |
|---|---|
|
• User-friendly
|
• User experience could be better
|
|
• Clear fee report
|
|
|
• Two-step (safer) login
|
|
| Interactive Brokers | AMP Futures | |
|---|---|---|
| Web platform score | 3.8 stars | - |
| Mobile platform score | 3.5 stars | - |
| Desktop platform score | 3.8 stars | 3.0 stars |
Learn more about Interactive Brokers's web trading platform in the detailed Interactive Brokers review.
Markets and products
At Interactive Brokers, you have access to an extremely wide range of markets and all product types are available.
| Interactive Brokers | AMP Futures | |
|---|---|---|
| Stocks | Yes | No |
| ETFs | Yes | No |
| Forex | Yes | No |
| Funds | Yes | No |
| Bonds | Yes | No |
| Options | Yes | Yes |
| Futures | Yes | Yes |
| CFDs | Yes | No |
| Crypto | Yes | No |
Verdict
Interactive Brokers is one of the biggest US-based lowest spread brokers, regulated by several top-tier regulators globally. We recommend this broker both for advanced traders and for everyday investors who want to have access to many stock markets.
On the plus side, IB offers very low fees, a vast range of markets and products, and diverse research tools. IB currently also pays a high interest on cash balances in several currencies.
There are some drawbacks, however. We weren't satisfied with the quality of the customer service and the account opening process is complicated. Unlike the web and mobile platforms, the desktop platform is complex and hard to get a handle on, especially for beginners.
If you have experience navigating complex platforms and enjoy transparent, low-cost trading, Interactive Brokers is a great fit for you.
| Interactive Brokers | |
|---|---|
| Summary | Interactive Brokers is a US discount broker. It is listed on a stock exchange and regulated by several authorities, including top-tier ones like the FCA and the SEC. |
| Fees score | 4.4 stars |
| Recommended for | Traders looking for broad market access and a professional trading environment |
AMP Futures alternatives
tastytrade
tastytrade is a young, up-and-coming US broker focusing on options trading. It is regulated by the top-tier Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA) and the Australian Securities and Investments Commission (ASIC) for Australian clients.
The people behind tastytrade are the same experts who built the thinkorswim trading platform, now operated by TD Ameritrade. tastytrade is privately owned; it was established in 2017 and is headquartered in Chicago.
Recommended for options and futures traders focusing on us markets
| Pros | Cons |
|---|---|
|
• Low trading fees
|
• Limited product selection
|
|
• Great educational materials
|
• Few deposit and withdrawal options
|
|
• Good research tools
|
• No demo account
|
Fees
tastytrade has low trading fees and there is no inactivity fee. On the other hand, you have to pay a high withdrawal fee for wire transfers and margin rates are quite high.
| Pros | Cons |
|---|---|
|
• No inactivity fee
|
• High margin rates for stock trading
|
|
• Free stock trading
|
• Withdrawal fee for bank (wire) transfers
|
|
• Low options fees
|
|
| tastytrade | AMP Futures | |
|---|---|---|
| Apple benchmark fee | $0.3 | - |
| Vodafone benchmark fee | - | - |
| EURUSD benchmark fee | - | - |
Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX
Account opening
tastytrade account opening is user-friendly, fast, fully digital, and involves no minimum deposit.
| Pros | Cons |
|---|---|
|
• Fast
|
None |
|
• Fully digital
|
|
|
• No minimum deposit
|
|
| tastytrade | AMP Futures | |
|---|---|---|
| Minimum deposit | $0 | $100 |
| Time to open account | 1 day | 1-3 days |
If you are interested more in tastytrade minimum deposit, this overview will help you.
Deposit and withdrawal
tastytrade's deposit and withdrawal functions are easy to use and there's no deposit fee, but you can use only bank transfer, and withdrawals can be expensive especially for non-US clients.
| Pros | Cons |
|---|---|
|
• No deposit fee
|
• Credit/Debit card not available
|
|
• User-friendly
|
• High fee for wire withdrawals
|
|
• Free ACH withdrawals in the US
|
|
| tastytrade | AMP Futures | |
|---|---|---|
| Bank transfer | Yes | Yes |
| Credit/debit card | No | No |
| Electronic wallets | No | No |
| Withdrawal fee | $0 | $30 |
Web trading platform
The tastytrade web platform is great for experienced traders, especially for options trading. However, it takes time to figure out how its functions work, and its customizability is limited.
| Pros | Cons |
|---|---|
|
• Clear fee report
|
• Limited customizability (for charts, workspace)
|
|
• Price alerts
|
• Not suited for beginners
|
|
• Two-step (safer) authentication for certain functions
|
|
| tastytrade | AMP Futures | |
|---|---|---|
| Web platform score | 3.4 stars | - |
| Mobile platform score | 4.2 stars | - |
| Desktop platform score | 3.9 stars | 3.0 stars |
Learn more about tastytrade's web trading platform in the detailed tastytrade review.
Markets and products
At tastytrade, you can trade US stocks, ETFs, options and some futures. Other popular asset classes like mutual funds or bonds are missing, as are international assets.
| tastytrade | AMP Futures | |
|---|---|---|
| Stocks | Yes | No |
| ETFs | Yes | No |
| Forex | No | No |
| Funds | No | No |
| Bonds | No | No |
| Options | Yes | Yes |
| Futures | Yes | Yes |
| CFDs | No | No |
| Crypto | Yes | No |
Verdict
tastytrade is an excellent broker for options trading, but it is a bit complicated if you want to trade stocks only.
tastytrade's trading fees are low, with free stock and ETF trading fees. Its trading platform is aimed at experienced options traders and can be intimidating for beginners. However, its educational and research tools are great for learning. Deposit and withdrawal processes could be better, and a demo account would also be great for practice purposes.
As there is no minimum deposit, no inactivity fee, or monthly fee, and the account opening process is seamless, you should feel free to try it.
| tastytrade | |
|---|---|
| Summary | tastytrade (formerly tastyworks) is a US options and stockbroker. It is overseen by FINRA, a top-tier regulatory body. |
| Fees score | 4.3 stars |
| Recommended for | Options and futures traders focusing on US markets |
AMP Futures alternatives
AMP Futures
AMP Futures is a US-based broker that provides more than 60 trading platforms for advanced users, particularly futures traders. The company was founded in 2009 and is regulated by the National Futures Association (NFA) and the Commodity Futures Trading Commission (CFTC).
AMP has also a legal entity based in the EU called AMP Global (Europe), which provides CFD, forex and futures trading. In this review, we focus on the US-based entity and its services.
AMP Futures is considered safe because its financial information is publicly available and it is regulated by the CFTC, a top-tier financial authority.
Recommended for active traders focusing on futures
| 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
|
Fees
AMP Futures has low trading fees, and charges no inactivity or deposit fees. However, withdrawal via wire transfer is quite expensive.
| Pros | Cons |
|---|---|
|
• Low trading fees
|
• High wire withdrawal fee
|
|
• No inactivity fee
|
|
|
• No deposit fee
|
|
| AMP Futures | NinjaTrader | Optimus Futures | Interactive Brokers | tastytrade | |
|---|---|---|---|---|---|
| US stock | - | - | - | $1.0 | $0.0 |
| UK stock | - | - | - | $3.7 | - |
Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k
Account opening
Account opening at AMP Futures is fully digital and there is no minimum deposit. However, the account opening process is a bit complicated.
| Pros | Cons |
|---|---|
|
• Fully digital
|
• Not user-friendly
|
|
• Low minimum deposit
|
|
| AMP Futures | NinjaTrader | Optimus Futures | Interactive Brokers | tastytrade | |
|---|---|---|---|---|---|
| Minimum deposit | $100 | $400 | $500 | $0 | $0 |
| Time to open account | 1-3 days | >3 days | >3 days | 1-3 days | 1 day |
Learn more about AMP Futures minimum deposit here.
Deposit and withdrawal
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.
| Pros | Cons |
|---|---|
|
• No deposit fee
|
• Credit/Debit card not available
|
|
• Several account base currencies
|
• High wire withdrawal fee
|
| AMP Futures | NinjaTrader | Optimus Futures | Interactive Brokers | tastytrade | |
|---|---|---|---|---|---|
| Bank transfer | Yes | Yes | Yes | Yes | Yes |
| Credit/debit card | No | No | No | No | No |
| Electronic wallets | No | No | No | No | No |
| Withdrawal fee | $30 | $40 | $30 | $0 | $0 |
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.
| AMP Futures | NinjaTrader | Optimus Futures | Interactive Brokers | tastytrade | |
|---|---|---|---|---|---|
| Web platform score | - | - | - | 3.8 stars | 3.4 stars |
| Mobile platform score | - | - | - | 3.5 stars | 4.2 stars |
| Desktop platform score | 3.0 stars | 4.8 stars | 3.8 stars | 3.8 stars | 3.9 stars |
Learn more about AMP Futures's web trading platform in the detailed AMP Futures review.
Markets and products
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.
| AMP Futures | NinjaTrader | Optimus Futures | Interactive Brokers | tastytrade | |
|---|---|---|---|---|---|
| Stocks | No | No | No | Yes | Yes |
| ETFs | No | No | No | Yes | Yes |
| Forex | No | No | No | Yes | No |
| Funds | No | No | No | Yes | No |
| Bonds | No | No | No | Yes | No |
| Options | Yes | Yes | Yes | Yes | Yes |
| Futures | Yes | Yes | Yes | Yes | Yes |
| CFDs | No | No | No | Yes | No |
| Crypto | No | Yes | Yes | Yes | Yes |
Verdict
AMP Futures is a great broker for futures trading.
On the plus side, its futures trading fees are one of the lowest on the market. The desktop trading platform, including its research section, has a great selection of tools for heavy traders. We also liked the quality and variety of educational materials.
There are some drawbacks though. The wire withdrawal fee is really high. We missed the mobile and web versions of the main MultiCharts .NET platform. Lastly, the product portfolio lacks popular asset classes like real stocks or ETFs.
If you're a futures trader on the hunt for a broker with low fees, feel free to give AMP Futures a try.
| AMP Futures | |
|---|---|
| Summary | AMP Futures is a US-based broker that has more than 60 trading platform for advanced users, particularly futures traders. AMP Futures is an NFA-registered company. |
| Fees score | 4.8 stars |
| Recommended for | Active traders focusing on futures |
AMP Futures alternatives
Bottom line
Based on our analysis, there are several good alternatives to AMP Futures. They all offer similar products and target similar customers. Here's a recap of the results in a table.
| Broker | Info | Recommended for |
|---|---|---|
| AMP Futures | Global platform provider focusing on futures trading | Active traders focusing on futures |
| NinjaTrader | Global platform provider focusing on futures trading | Active traders focusing on futures |
| Optimus Futures | Global platform provider focusing on futures trading | Day traders focusing on futures and technical trading |
| Interactive Brokers | International broker providing all asset classes | Traders looking for broad market access and a professional trading environment |
| tastytrade | US options and stockbroker | Options and futures traders focusing on US markets |
Still unsure? Use our broker finder and find the best broker for you or learn more about investing your money.
Comments