Overview of AMP Futures fees and charges
We know that fees are on top of people's mind when selecting a broker. Brokerage fees consist of trading and non-trading fees. The most important trading fees are commission, spread, and financing rate.
- Commission: it's charged when you execute a trade (either buy or sell). Commissions can be volume-tiered or flat fees. Nowadays, there are many commission-free brokers, click on the following links to check out the best free stockbrokers in the US and the EU.
- Spread: it denotes the difference between the bid and ask price. When you trade forex or CFDs, spreads can make up a significant part of your trading costs.
- Financing rate/overnight costs: if you trade on leverage, you may be charged for holding your positions overnight. This cost can be expressed as a percentage or in swap points.
- Non-trading fees: these occur when you deposit and withdraw funds, or if you don't use your account for a certain period.
Now, let's dive into the details and see what commissions, spreads, and financing rates AMP Futures charges.
AMP Futures commission and other trading fees
The good news is that AMP Futures has low trading fees in general. We ranked the fees of AMP Futures as low, average, or high based on how they compare with all reviewed brokers.
Check out this table to get an overview of whether AMP Futures commissions, spreads, and financing rates for each asset class are low/average/high.
Stock and ETF
|
- | - | - |
---|---|---|---|
Forex
|
- | - | - |
Fund
|
- | - | - |
Bond
|
- | - | - |
Options
|
- | - | - |
Futures
|
Low | Low | Low |
Now let's go over the trading fees for each asset class one by one.
AMP Futures futures commissions
You can see below how AMP Futures futures commissions are charged. AMP Futures futures fees are low.
US micro e-mini stock index futures
|
All-in fees for volume-tiered fee structure: $0.49-$0.46 per side depending on the contracts traded |
---|---|
UK stock index futures
|
All-in fees for volume-tiered fee structure: £1.16-£0.81 per side depending on the contracts traded |
German e-mini stock index futures
|
All-in fees for volume-tiered fee structure: €1.11-€0.76 per side depending on the contracts traded |
Compare how the futures commissions of AMP Futures stack up against those of NinjaTrader and Optimus Futures.
US micro e-mini stock index futures
|
$1.4
|
$3.5
|
$2.5
|
---|---|---|---|
UK stock index futures
|
$11.0
|
$12.9
|
$7.5
|
German e-mini stock index futures
|
$8.2
|
$12.9
|
-
|
Futures commissions are calculated for 10 contracts
AMP Futures non-trading fees
In addition to trading fees, it's important to see if AMP Futures charges a fee on deposits, withdrawals, account maintenance, and inactivity. We compared these fees levied by AMP Futures with its two closest competitors.
Deposit fee
|
$0
|
$0
|
$0
|
---|---|---|---|
Withdrawal fee
|
$30
|
$0
|
$20
|
Account fee
|
No
|
No
|
No
|
Inactivity fee
|
No
|
Yes
|
No
|
CFD fees are calculated for a $2,000 trade using 20:1 leverage for stock index CFDs, and 5:1 leverage for stock CFDs
Bottom line
Hopefully, by now you have a clear picture of the commissions, spreads, financing rates, and non-trading fees charged by AMP Futures and its closest competitors. To learn more about AMP Futures, check out this detailed review. If you would like more information about fees in general, read this article about brokerage fees.
If you're not sure which broker to choose, get a personal recommendation from our broker recommendation algorithm or compare brokers with our broker comparison table.
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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.