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Summary of AMP Global Trading Company
AMP Global is part of the AMP Global Group holding (Chicago, USA). The European subsidiary was established in 2010 to provide services outside North America. The broker is registered in Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC). AMP Global is a member of the Investor Compensation Fund and pays great attention to the safety of clients' funds. Separate accounts in European banks are used for their storage of deposits, which is completely separated from the authorized capital of the broker itself.
In order to become a partner of the Traders Union, a trader must open an account with a broker using the referral link indicated on the Traders Union website. Traders Union does not work with accounts opened in any other way.
👍 Advantages of trading with AMP Global:
- membership in the Investor Compensation Fund – acts as a guarantee to protect the client's interests in the event of a dispute;
- availability of a CySEC license;
- no restrictions on trading strategies.
👎 Disadvantages of AMP Global:
- the minimum deposit is USD / EUR / GBP 100;
- no zero spreads;
- there are no micro (cent) accounts;
- the broker does not hold contests among traders and does not provide an opportunity to receive bonuses;
- There are no investment programs or PAMM accounts.
Overall
AMP Global is a stockbroker for active trading with the conditions which are more suitable for professionals. Newcomers to Forex and adherents of passive income should choose other companies for cooperation.
Visit AMP GlobalTop 3 AMP Global Customer Reviews
I learned about AMP Global not so long ago but immediately decided to test its conditions. There is essentially one trading account: you just pick one if you are a private trader or a corporate client. The conditions are almost identical. I cannot say that this broker is outstanding. Average spreads: start from 1 pip (percentage in points).
I trade currencies, so I don't pay the broker a commission per lot.
Withdrawal of funds to e-wallets occurs instantly. But I do not advise you to withdraw by bank transfer: the money transfer took a week. Shortly, I plan to trade exchange futures, but meanwhile, I am watching webinars and studying the theory posted on the site.
I started working with AMP Global a few months ago and do not regret it at all. Everything suited me: both the amount of the minimum deposit and the size of the spread. The technical support responds very quickly, the MetaTrader 4 terminal works trouble-free and practically without freezing. There haven’t been any problems with the withdrawal so far: the withdrawal came to Skrill within a couple of minutes. For the time being, everything is OK, but let's see what happens when you handle large amounts.
I can call myself a professional because I have been trading for about five years. During this time, I collaborated with several dozens of brokers, so the conditions of AMP Global Clearing I have something to compare them to. The spreads seem to be average, and slippages are rare, but personally, I do not have enough ways to earn passively. There are no PAMM accounts, no investment portfolios, and no social trading. No bonuses for you, no contests: then how can you compensate the commissions of payment systems for depositing and withdrawing funds?
AMP Global Latest Comments for 2020
The reviews by customers of the AMP Global indicate that it is a reliable brokerage company. Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.
Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of AMP Global published on the website in 2020 are verified and confirmed by Traders Union as reliable comments by real traders.
I am a meticulous person, but I am speaking realistically and reasonably now. The platform really disappointed me. This is not just bad luck, but bad design! Besides, slippage occurs frequently and it is aggravated, of course, by high volatility. But the saddest thing is when I get an error "\ Internet connection \" and as soon as the price goes in my favor, I am just not allowed to close the trade! Moreover, do not be surprised that when you close (or open) a trade, the price is recalculated. This is a normal practice for such a broker. Okay, I can say one good thing that newcomers will appreciate, their interface is intuitive and it is quite simple to use the platform.
Before opening an account with a broker, I read the reviews on the net and then took the risk of opening one. It's the squeaky wheel that gets the grease! Of course, I did not ignore the information that the broker may withdraw money for a long time. True, this only applies to bank transfers. The payment comes, they say, within a week. Oh, for God's sake - I'll bring it to the payment system! Some users even said that the brokerage company does not pay earnings, and technical support ignores requests from traders. But there were so few such reviews that I did not pay attention to them. I worked on a demo account and then registered on a real one. I was more or less satisfied with the cooperation. By the way, thanks for the advice not to use the charts of the brokerage platform for trading large. It helped me a couple of times. Reading the reviews was not in vain! So, read the reviews!!
Earlier I heard only good reviews about this broker. Some users noted the withdrawal duration, some warned about poor support, but such comments were within the established level. I registered and there were no problems for a while. However, recently there have been delays in the withdrawal of finances. Also, information about incompetent technical support, who cannot resolve financial issues, was confirmed. I would not mind cooperating with them in the future! But if the broker does not improve its policies and the problems with the withdrawal times, I will have to look for another broker.
Negative reviews of AMP GLOBAL marked with a red alert This is most likely caused by incompetence or the vicissitudes of competitors. I have been working with the broker for a year and eight months and I have not faced any of the problems mentioned. So I wanted to put in an argument in favor of this brokerage company. They work accurately and without delays. Not to say that technical support does not have problems in terms of efficiency, but they solve most problems. So I can't say anything bad about the company.
It is relatively easy for me to trade with this service. I have no complaints about the platform at all because of its excellent execution and instant speed. Analytics are among the distinctive features of the brokerage company. As for the competence of the managers from the support service, they would do well to improve their competence level. They did not stick to the rules of working with clients a couple of times. The withdrawal of money could also be faster, sometimes you have to wait for a week. If you are prepared for such conditions, it is quite possible to plunge into trading without unnecessary worries.
The advantages of AMP Global are many. It has a good and beautiful site, which immediately catches your eye. It is clear that this is not enough for trading, but I liked both the speed of funds withdrawal and the fact that clients’ funds are kept in segregated bank accounts. The broker is a member of the Investor Compensation Fund, which also adds security. The company has a CySEC license and an insurance policy of up to €20,000. I have a strong feeling that this is a guarantee of the client's funds in case of filing a claim with the regulator. The good thing for me is that it works with different payment systems, including bitcoin. Within recent years, we have been pleased with the changes for the better and that many opportunities have appeared.
I liked the trading platform. I registered here to trade the USD/EUR currency pair. Of course, I like MetaTrader more than the web platform, but here I decided not to go into details. Due to my practice, I will say: if I trade without leverage, as if investing, I get a return of 2-6% per month. I like the narrow spread and convenient withdrawal to the Web Money system. I think customer support is quite adequate and responsive; they answered questions about my account.
Expert Review of AMP Global
AMP Global Clearing (AMP Global) positions itself as a reliable company for active trading. There are no passive investment options. The company's conditions are more suitable for experienced traders: the size of the minimum deposit and the value of spreads are not optimal for novices. The broker does not provide services for copying trades and does not provide an opportunity to use advisors to increase the profitability of trading.
Novice traders are not able to open micro accounts. You can test trading conditions on a demo account with an unlimited validity period. AMP Global Support (AMP Global Clearing) responds to customer questions promptly and in the language in which the question was asked. The availability of a CySEC license and an insurance policy in the amount of up to €20,000 is a guarantee of a refund to the client in case of filing a claim with the regulator.
The convenient functionality of the company's website allows you to find information about the conditions of trading accounts and available terminals quickly. The site is available in 9 languages, including Chinese. However, this broker lacks high-quality analytics, as well as sections with training and relevant news.
Analysis of the Main Features of the Forex Broker
Dynamics of the Popularity of AMP Global
in 2019 among the Users of the Traders Union
Investment Programs, Available Markets and Products of the Broker
AMP Global is aimed at traders who prefer to trade on their own. The broker does not allow its clients to receive passive income. The company's assets lack PAMM accounts, social trading, and investment portfolios. The only way to get additional income without actively trading is to participate in the affiliate program for referrals.
AMP Global affiliate program
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Affiliate Referral Program. A referral partner receives a commission from a broker for the provision of professional services, such as: conducting educational training, seminars, courses, or establishing direct personal contacts. A partner can work with websites and forums or communicate in person with students via telephone or video. The amount of commission depends on the country of registration of the partner.
Referral partners cannot be financial advisors or provide brokerage services to investors. Also, partners are prohibited to give direct recommendations on the purchase or sale of any specific assets.
Important!
If you are a large investor and plan on investments over $ 10,000, contact us at [email protected] or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
Rebate and Discount Programs of the Traders Union for AMP Global
Rebates by AMP Global broker is available only to those Traders Union clients who opened an account with the company through the Union’s website. If the account was opened on the broker's website without using the Traders Union referral link, then the AMP Global client will not be able to receive a rebate from the Union.
Try it! You’ll like this!Trading Conditions for AMP Global Users
Trading conditions at AMP Global are focused primarily on experienced traders. There are no cent accounts. The minimum deposit for all account types is USD/EUR/GBP 100. With a minimum trade volume of 0.01 lot, the trader is offered maximum leverage of up to 1:100. The stop-out level is 50% on all account types, the spread is floating, from 1 pip. A commission per lot may be charged when trading futures.
USD / EUR / GBP 100
Minimum
deposit
Up to 1:100
Leverage
24/5
Support
| Trading platform: | MT4, MT5, StereoTrader 2.5 based on MT5, web terminal |
| Accounts: | Demo, Trading, Corporate, Islamic |
| Account currency: | USD, EUR, GBP |
| Replenishment/Withdrawal: | Bank transfer, Visa / Mastercard, WebMoney, Neteller, Skrill |
| Minimum deposit: | USD / EUR / GBP 100 |
| Leverage: | Up to 1:100 |
| PAMM-accounts: | No |
| Min Order: | 0.01 |
| Spread: | From 1 pip |
| Instruments: | Currencies, cryptocurrencies, CFDs on indices, stocks, exchange futures, metals, energy |
| Margin call/Stop Out: | 100% - 50% |
| Liquidity provider: | Rithmic |
| Mobile trading: | yes |
| Affiliate program: | Yes |
| Orders execution: | Market execution |
| Trading features: | Commissions per lot may be charged depending on the exchange |
| Contests and bonuses: | No |
Comparison of AMP Global with other Brokers
| AMP Global | FxPro | Admiral Markets UK | XM Group | AvaTrade | |
| Trading platform |
WebTrader, MetaTrader4, Mobile, StereoTrader, MetaTrader5 | MT4, MobileTrading, MT5, cTrader | MT4, MT5, iPhone, iPad, Android, MT4 Supreme Edition | MT4, MT5, MobileTrading | MT4, MobileTrading, Zulu Trader, Mirror Trader, AvaTrader, AVA Option |
| Min deposit | $100 | $100 | $200 | $5 | $100 |
| Leverage |
From 1:1 to 1:100 |
From 1:1 to 1:500 |
From 1:25 to 1:500 |
From 1:1 to 1:888 |
From 1:200 to 1:400 |
| Trust management | No | No | No | No | No |
| Accrual of % on the balance | No | No | No | No | No |
| Spread | From 1 point | From 1 point | From 0 points | From 1 point | From 0 points |
| Level of margin call / stop out |
100% / 50% | 25% / 20% | 100% / 30% | 50% / 20% | 25% / 10% |
| Execution of orders | Market Execution, STP | Market Execution, Instant Execution | Market Execution | Market Execution | Instant Execution |
| No deposit bonus | No | No | No | $30 | No |
| Cent accounts | No | No | No | Yes | Yes |
Broker comparison table of trading instruments
| AMP Global | FxPro | Admiral Markets UK | XM Group | AvaTrade | |
| Forex | Yes | Yes | Yes | Yes | Yes |
| Metalls | Yes | Yes | Yes | Yes | Yes |
| Crypto | Yes | No | Yes | No | Yes |
| CFD | Yes | Yes | Yes | Yes | Yes |
| indexes | Yes | Yes | Yes | Yes | Yes |
| Stock | Yes | No | Yes | Yes | Yes |
| ETF | No | No | Yes | No | No |
| Options | No | No | No | No | No |
AMP Global Commissions & Fees
To identify trading and non-trading commissions, Traders Union analysts conducted a thorough examination of AMP Global's terms and conditions. The broker calculates the spread, as well as the commission per lot (when trading futures), the amount of which depends on the exchange chosen by the client. There is no withdrawal fee. Payment systems and banks charge fees in the range of 0.5-3% for transactions on trading accounts.
| Account type | Spread (minimum value) | Withdrawal commission |
| Trading | From $10 | No |
| Corporate | From $10 | No |
| Islamic | From $10 | No |
There are swaps (commission for shifting transactions to the next day). We also compared trading commissions at AMP Global Clearing with those of its competitors. Based on the analysis, each broker got a level from low to high according to this criterion.
| Broker | Average commission | Level |
| AMP Global | $10 | High |
| FOREX.com | $8 | Medium |
| Admiral Markets UK | $5 | Low |
AMP Global brokerage charges fairly large commissions (spreads), which can increase significantly at the time of important news releases and changes in the volatility of the trading toolkit.
Detailed Review of AMP Global
AMP Global places great emphasis on the security of its clients' funds. The company is regulated by CySEC, therefore the broker is a member of the Investor Compensation Fund (ICF) and keeps traders' funds in segregated accounts. AMP Global Clearing’s clients who prefer to work through the MetaTrader 5 platform can connect to the All-in-One Account service and trade futures, Forex, and CFDs from a single account. To trade stock futures, the broker provides direct access to 10 world exchanges, including NYMEX, EUREX, COMEX, and HKEX.
A few figures about AMP Global that will attract traders choosing a broker:
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7 classes of trading assets;
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membership in the Investor Compensation Fund with insurance coverage up to EUR 20,000;
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over 10 years of experience in the US, European and Asian markets.
AMP Global is a licensed broker for active trading
AMP Global is a trusted and licensed broker that provides clients with access to all major futures exchanges and the Forex market. The company sets the margin for day trading, which is the amount required to enter a position per contract within a trading day. After an increase in the client's trading volumes, additional commissions can be reduced. Their size is adjusted on an individual basis after a request has been submitted. Also, AMP Global allows clients to trade different assets through a single account on MetaTrader 5. The specification of contracts for MT4 and MT5 is different.
The broker's clients trade through the popular terminals MetaTrader 4 and MetaTrader 5. The company provides a web version of the platforms, as well as mobile applications for devices based on Android and iOS operating systems. The broker does not have proprietary terminals.
Useful AMP Global services:
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Economic calendar. Displays the latest news and financial forecasts;
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Working hours of exchanges. Trading hours of various trading platforms, indicating holidays and days off;
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Blog of AMP Global analysts. Contains articles by financial markets experts.
Advantages:
CySEC’s international license;
Compensation fund availability that insures traders in case of unforeseen situations;
Wide range of trading toolkit - 7 classes of Forex assets, exchange futures, and CFDs;
Keeping client funds in segregated accounts that are separate from brokerage capital;
Ability to open an Islamic account without calculating swaps for shifting a position to the next day;
free webinars and access to video tutorials.
The broker's clients can use any trading strategies, including scalping and hedging. There is no limit on the minimum number of open positions.
How to Start Making Profits — Guide for Traders
AMP Global offers several account types to choose from. These are accounts for both private traders and corporate clients. They differ in the spread size and whether there are swaps or no swaps available.
Traders can test the trading conditions and the broker's service on a free demo account with a virtual deposit.
AMP Global is a company for private traders and corporate clients who independently trade in various financial markets.
Bonuses Paid by the Broker
AMP Global is aimed at collaboration with traders who use equity to trade. The broker does not conduct cash-based promotions and does not allow clients to participate in bonus programs.
Bonus from Traders Union.
The bonus in the form of compensation for a part of the spread (rebate) from Traders Union is received only by the clients of the Union. To receive additional profit, you need to open an account with a broker using the Traders Union referral link and start trading actively. The trader receives a reward from his Traders Union account. If a trading account on the broker's website is opened differently, then the rebate on completed trades is not available.
Investment Education Online
Information
The broker's website does not have a separate section with education. All theoretical information can be found in the "Help" menu or by clicking on the buttons "Webinars" and "Video instructions".
You can consolidate the obtained theoretical knowledge in practice on a demo account.
Security (Protection for Investors)
Information
AMP Global Clearing (Amp Global Ltd.) is licensed and regulated in Europe by the Cyprus Securities and Exchange Commission (CySEC). License number: 360/180.
The broker also operates under the EU Markets in Financial Instruments Directive (MiFID) and is a member of the Investor Compensation Fund. This guarantees the payment of insurance to the trader if the company is unable to independently compensate the client for damage after a disputable financial situation.
👍 Advantages
- Clients' money is kept in segregated accounts separate from the company's capital
- Accounts are protected from a negative balance
- Insurance payment up to €20,000 in case of a valid claim
👎 Disadvantages
- The regulator does not consider small claims of private traders
Withdrawal Options and Fees
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AMP Global customers can submit unlimited withdrawal requests. The broker does not charge commissions for withdrawing money, but they are charged by payment systems and banks.
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Funds can be withdrawn via bank transfer, Visa or Mastercard, WebMoney, Neteller, Skrill, AstroPay, and e-wallets. The list of payment systems is expanding depending on the country of account registration.
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When withdrawing to e-wallets and cards, crediting takes place instantly. When using a bank transfer, the money is credited to the account within 2-5 business days.
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Withdrawal and replenishment currencies are in EUR, USD, and GBP.
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Verification is required to conduct transactions.
Customers’ Support
Information
The broker's support service is available for traders twenty-four/five.
👍 Advantages
- There are online chat and telephone support
- Multilingual support
👎 Disadvantages
- Does not work on weekends
There are several ways to contact Customer support:
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by phone, as indicated on its website;
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via email;
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via chat on the broker's website;
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via remote access of a technician to the client's computer.
Support is available from the broker's website and in a personal account.
Contacts
| Registration address | Ayiou Athanasiou Avenue, Kaminion Street 1, 2nd floor, Agios Athanasios 4102, Limassol, Cyprus |
| Contacts |
Email:
[email protected],
Phone: +357 22 007182 |
Review of the Personal Cabinet of AMP Global
To start trading with AMP Global, you need to open a virtual (demo) or real trading account. The algorithm of actions is as follows:
Visit the official website of the broker and on the main page, click the "Open a demo account" or "Open a trading account" button.
In the registration form, indicate your first name, last name, telephone number, country of residence, and email address. Then note your professional skills, the names of the trading toolkit and strategies you used previously, and your financial information. Before replenishing the balance of a trading account, you must go through verification.
The following sections are available in the AMP Global Personal Account:
Other useful functions and features of the personal account:
-
pass verification by attaching scanned copies of your passport;
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contact a personal consultant online or send an email;
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change the personal information entered when registering a trading account;
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ask a question in English in a 24/5 Live Chat.
Tags:
amp global amp global clearing amp global futuresThe Oldest Reviews of the AMP Global
The reviews by customers of the AMP Global indicate that it is a reliable brokerage company. Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.
Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of AMP Global published on the website in 2020 are verified and confirmed by Traders Union as reliable comments by real traders.
I recently registered with this broker. I am pleased with help during registration. I am a rather meticulous client, and I start all the most important things with long deliberation, testing on a demo account. But in the customer support of the brokerage company they patiently explained to me how to fund the account and set up Ninja. The manager even gave brief information on futures trading, for which a special thank you is in order. I wish good luck to AMP and profit to me!
Be cautious about this network. I do not like the trading platform and the support service is rude. It seems to me that any young broker who has not had time to establish himself in the market faces complaints from dissatisfied clients. However, I wanted to take the risk and I consider the risk justified so far. Everything says that they care about the client: good support, an understandable website, educational materials. The speed of withdrawal of funds also made me happy. Guys, hold on! I believe in you and will cooperate with you!
I am a professional. I have been in trading for over 3 years. I have already tested several dozen brokers, and I can adequately compare the conditions of AMP Global Clearing with other companies. I would like to point out its average spreads and rare slippages. However, it does not have enough options for passive earnings. I would like the broker to introduce bonuses or contests to compensate for the commissions for depositing and withdrawing funds from payment systems.
I like the minimum deposit with the broker. The size of the spread is also pleasing. There are no complaints about technical support, they respond quickly and competently. The MT4 terminal does not have any problems: it works well and stably, with minimum freezes. I did not experience any problems with the withdrawal of money. Meanwhile, everything suits me, but I do not rush to make conclusions. The broker is still young, let it gain experience, and introduce innovations. Let's see how it will work with large sums.
I have been trading with a broker for several months. When I found out about AMP Global, I immediately decided to test it in practice. I can't call the broker outstanding. It offers average spreads: start from 1 pip. I trade currencies, so I don't pay the broker a commission per lot. I would not mind a micro (cent) account. Contests that could partially cover the costs of the commission would not hurt either. The broker does not provide bonuses. I hope that the brokerage company will correct this flaw. On the positive side, funds are withdrawn to e-wallets instantly. But I do not advise you to withdraw by bank transfer, it took a month to receive the money.
I chose this broker because of its ability to trade stock futures. I plan to do this soon. Now I am studying information and watching webinars, and studying theory in detail. Fortunately, there is plenty of it on the site. Here you can easily and quickly find information about the terms of trading accounts. The site is translated into 9 languages, including French, which is very convenient for me as a beginner. I learned from the AMP reviews; everything is standard; mostly praise, but there are also some very unpleasant ones, which mainly relate to the slow withdrawal of funds by bank transfer. How quickly the money comes does not matter to me, I can wait a week.
I heard about the AMP Global broker not so long ago. Since I am a person of practice, I immediately decided to protest its work. I liked the freedom of choice when different trading instruments are offered as brokerage companies have distinctive characteristics. They have a normal starting deposit of $100 and average spreads from 1 pip. If you trade in currency, you don't have to pay any commission on a lot. Withdrawal of funds to electronic wallets is instant. It’s more difficult with bank transfers where money can take a week to clear.
Author of this Review
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FAQs
Do reviews by traders influence the AMP Global rating?
Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about AMP Global you need to go to the broker's profile.
How to leave a review about AMP Global on the Traders Union website?
To leave a review about AMP Global, register on the Traders Union website or you can also leave a review through Facebook.
Is it possible to leave a comment about AMP Global on a non-Traders Union client?
Anyone can leave feedback about AMP Global on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.
Why is it more profitable to work with AMP Global through Traders Union?
Because you will receive additional payments from Traders Union every month while all other functions on your chosen trading platform remain the same.
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