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Overview of AMP Global 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.

As AMP Global focuses on CFD and forex trading, the most important cost elements are spreads and financing rates (overnight fees), commissions less so.

Now, let's dive into the details and see what commissions, spreads, and financing rates AMP Global charges.

AMP Global commission and other fees
AMP Global commission and other trading fees

AMP Global has average trading fees in general. We ranked AMP Global fee levels 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 Global commissions, spreads, and financing rates for each asset class are low/average/high.

Classification of AMP Global trading fees
AMP Global Capital.com FxPro
Forex Average Low Low
CFD Low High Low
Financing rate Average Average Low

Now let's go over the trading fees for each asset class one by one.

AMP Global forex commissions and spreads

AMP Global forex fees are average. AMP Global forex commissions and spreads for individual currency pairs are charged as per the table below.

AMP Global forex commissions and spreads
AMP Global
EURUSD fee description There is a 0.002% commission in the base currency. Also, the fees are built into the spread, 0.2 pips is the average spread cost during peak trading hours.
GBPUSD fee description There is a 0.002% commission in the base currency. Also, the fees are built into the spread, 0.4 pips is the average spread cost during peak trading hours.

Check out how AMP Global forex fees compare to its two closest competitors.

AMP Global forex fees vs competitors
AMP Global Capital.com FxPro
EURUSD benchmark fee $11.9 $8.7 $8.5
GBPUSD benchmark fee $9.9 $6.6 $6.7
AUDUSD benchmark fee $10.3 $6.1 $11.3
EURCHF benchmark fee $13.1 $10.5 $7.4
EURGBP benchmark fee $12.6 $10.9 $9.8

Forex fees are calculated for a $20,000 trade using 30:1 leverage

AMP Global futures commissions

You can see below how AMP Global futures commissions are charged. AMP Global futures fees are low.

AMP Global futures commissions
AMP Global
US micro e-mini stock index futures All-in fees for volume-tiered fee structure: $0.44-$0.41 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 Global stack up against those of Capital.com and FxPro.

AMP Global futures commissions vs competitors
AMP Global Capital.com FxPro
US micro e-mini stock index futures $0.9 - -
UK stock index futures $12.3 - -
German e-mini stock index futures $9.2 - -

Futures commissions are calculated for 10 contracts

AMP Global CFD commissions and spreads

AMP Global CFD fees are low. AMP Global CFD commissions and spreads for different assets are charged as per the table below.

AMP Global CFD commissions and spreads
AMP Global
S&P 500 CFD fee The fees are built into the spread, 0.4 points is the average spread cost during peak trading hours.
Europe 50 CFD fee The fees are built into the spread, 0.4 points is the average spread cost during peak trading hours.
Apple CFD The fees are built into the spread, 0.2 points is the average spread cost during peak trading hours.
Vodafone CFD Not available

Below you can see how AMP Global CFD fees compare with those of Capital.com and FxPro.

AMP Global CFD fees vs competitors
AMP Global Capital.com FxPro
S&P 500 index CFD fee $1.8 $3.6 $1.1
Europe 50 index CFD fee $0.8 $5.5 $1.2
Apple CFD $1.3 $0.7 $4.1
Vodafone CFD - $0.1 $6.8

CFD fees are calculated for a $2,000 trade using 20:1 leverage for stock index CFDs, and 5:1 leverage for stock CFDs

AMP Global financing rates

AMP Global financing rates are average. They make up a significant part of your trading costs if you hold your position for a long time.

Check out how AMP Global financing rates compare with those of Capital.com and FxPro.

AMP Global financing rates vs competitors
AMP Global Capital.com FxPro
EURUSD financing rate 2.8% 2.0% 1.5%
GBPUSD financing rate 2.2% 1.2% 0.8%
S&P 500 CFD financing rate 4.2% 8.2% 2.3%
Europe 50 CFD financing rate 1.5% 7.5% 1.7%
Apple CFD financing rate 4.4% 2.3% 2.9%
Vodafone CFD financing rate - 8.2% 2.8%

AMP Global commission and other fees
AMP Global non-trading fees

In addition to trading fees, it's important to see if AMP Global charges a fee on deposits, withdrawals, account maintenance, and inactivity. We compared these fees levied by AMP Global with its two closest competitors.

AMP Global non-trading fees vs competitors
AMP Global Capital.com FxPro
Deposit fee $0 $0 $0
Withdrawal fee $3 $0 $0
Account fee No No No
Inactivity fee No No Yes

CFD fees are calculated for a $2,000 trade using 20:1 leverage for stock index CFDs, and 5:1 leverage for stock CFDs

AMP Global commission and other fees
Bottom line

Hopefully, by now you have a clear picture of the commissions, spreads, financing rates, and non-trading fees charged by AMP Global and its closest competitors. To learn more about AMP Global, 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.

Author of this article

Krisztián Gátonyi

Author of this article

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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