- High wire withdrawal fee
- No mobile app and web platform for MultiCharts .NET
- Only futures and options on 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 Multi Charts. 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.
AMP Feature
Regulation | NFA, CFTC |
Account Types | Individual, Joint, IRA, Corporate, LLC, Partnership, Trust Accounts |
Trading Platforms | MT5, TradingView, CQG, Rithmic, TT, and more |
Trading Instruments | Futures Contracts, Commodities, Options on Futures |
Minimum Deposit | $100 |
E-mini and Standard Contract | $1.25 |
Demo Account | Available |
Account Base Currencies | USD, EUR, GBP |
Trading Education | Trading Lessons, Videos & Guides, Market News and Analysis |
Customer Support | 24/5 |
Fees
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.
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.
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.
Safety
Deposit and withdrawal
Mobile app
Desktop platform
Minimum Deposit
$100
Ultra Low Pricing + Excellent Customer Service!