AMP Futures Review: A Comprehensive Guide to the Futures Broker
AMP Futures is a well-known online brokerage specializing in futures trading. Founded in 2009, AMP Futures has gained a reputation for offering low-cost, high-quality services to both professional and retail traders. The brokerage allows traders to access a variety of markets, including futures, commodities, equities, forex, and cryptocurrencies, via some of the most popular trading platforms in the industry.
In this detailed review, we will take an in-depth look at AMP Futures, covering everything from account types, platforms, fees, trading products, customer support, and more, to help you decide whether AMP Futures is the right broker for your trading needs.
Overview of AMP Futures
- Founded: 2009
- Headquarters: Chicago, Illinois, USA
- Regulation: AMP Futures is a registered member of the National Futures Association (NFA) and is also regulated by the Commodity Futures Trading Commission (CFTC), ensuring it operates in compliance with US laws.
- Market Focus: Futures, Commodities, Forex, Cryptocurrencies, and more.
- Platforms: TradeStation, NinjaTrader, MetaTrader 5, and more.
- Trading Tools: Access to advanced charting, technical analysis, and automated trading systems.
AMP Futures is designed to provide both retail traders and institutional investors with fast execution, competitive fees, and a selection of cutting-edge trading platforms. The broker is known for offering low-margin trading and highly competitive commissions, which makes it attractive to traders who are focused on minimizing costs.
Key Features of AMP Futures
1. Wide Range of Futures Products
AMP Futures specializes in futures trading, offering clients access to a vast array of financial instruments. These products include:
- Futures: AMP Futures allows access to a variety of futures contracts, including those related to commodities, equities, interest rates, currencies, and more. This includes highly liquid contracts like S&P 500 futures, Crude Oil futures, and Gold futures.
- Commodities: Traders can access a range of commodity futures, including oil, gold, natural gas, wheat, and soybeans.
- Forex: While AMP Futures focuses primarily on futures trading, it also provides access to foreign exchange markets through the Futures contracts of currency pairs like EUR/USD and USD/JPY.
- Cryptocurrencies: AMP Futures offers crypto futures trading on popular digital assets like Bitcoin and Ethereum, providing exposure to the growing crypto market.
- Equity Index Futures: Traders can access futures based on major equity indices such as the Dow Jones, S&P 500, and Nasdaq.
By offering a diverse range of futures contracts, AMP Futures enables traders to diversify their portfolios across different asset classes, making it an appealing choice for those looking to trade in multiple markets.
2. Account Types and Minimum Deposits
AMP Futures offers different types of accounts, designed to suit both beginner traders and professionals looking for more advanced features. Below are the key account types:
1. Standard Futures Account
- Minimum Deposit: As low as $1,000.
- Commissions: Competitive, starting from $0.29 per side (depending on the product and trading platform).
- Margin: Low margin requirements are available for most futures products.
- Access to Platforms: Compatible with NinjaTrader, TradeStation, and MetaTrader 5.
This account is ideal for retail traders looking to start trading futures with a relatively low deposit requirement and competitive commission rates.
2. Professional Futures Account
- Minimum Deposit: Higher minimum deposit, typically around $5,000 or more.
- Commissions: Slightly lower commissions than standard accounts for professionals trading larger volumes.
- Margin: Lower margin requirements than standard accounts.
- Access to Platforms: Includes access to premium features and direct market access (DMA) platforms like TradeStation.
The professional account is suited for experienced traders who want to take advantage of tighter spreads, advanced charting, and lower commissions.
3. Demo Account
- Virtual Funds: Practice trading with virtual funds before committing real capital.
- Access to Platforms: Available on NinjaTrader and MetaTrader 5.
The demo account is an excellent way for beginners to practice and learn the nuances of futures trading without risking any real money.
3. Trading Platforms and Tools
AMP Futures offers a variety of advanced trading platforms, which is one of its key strengths. These platforms provide traders with the necessary tools for technical analysis, automated trading, and real-time market data.
NinjaTrader
- NinjaTrader is one of the most popular platforms for futures traders. AMP Futures provides access to this platform, which includes:
- Advanced charting and analysis tools.
- Automated trading capabilities with NinjaTrader’s strategy builder.
- Low-latency execution for fast market orders.
- Access to historical data for backtesting strategies.
TradeStation
- TradeStation is another powerful platform available to AMP Futures clients. It is known for its:
- Advanced charting and technical analysis tools.
- Customizable trading strategies.
- Direct market access (DMA) for low-latency execution.
- Real-time market data and economic calendar.
MetaTrader 5 (MT5)
- AMP Futures supports MetaTrader 5, which is a popular choice for both retail and professional traders. MT5 offers:
- Advanced charting with over 80 built-in indicators.
- Multi-asset capabilities (including stocks and forex).
- Expert Advisors for algorithmic trading.
- Access to advanced order types such as stop-limit and market orders.
4. Low Fees and Commission Structure
AMP Futures is known for its low-cost trading model, making it a popular choice for active traders. The broker offers:
- Low commissions, starting from $0.29 per contract for futures trading (rates may vary based on the trading platform and asset).
- Competitive margin rates, allowing traders to leverage their positions with low initial deposits.
- No hidden fees on deposits or withdrawals, which helps keep the overall cost of trading low.
For professional traders with larger volumes, AMP Futures offers even lower commissions and better execution speeds, making it a cost-effective solution for high-frequency traders.
5. Customer Support
AMP Futures provides 24/7 customer support, available via various channels:
- Phone Support: Call the support team for immediate assistance.
- Email Support: For more detailed queries.
- Live Chat: Chat live with support agents for quick resolutions.
- FAQ and Knowledge Base: The AMP Futures website also includes a comprehensive help center with answers to common questions, guides, and tutorials.
The broker’s customer support team is knowledgeable and responsive, helping clients resolve issues quickly.
6. Education and Research
AMP Futures offers educational resources to help both beginner and professional traders. These include:
- Webinars and video tutorials: Covering topics like trading strategies, platform usage, and market analysis.
- Written guides and eBooks: Providing detailed insights into futures trading, technical analysis, and risk management.
- Market analysis and news: Real-time analysis from third-party sources to help traders stay up to date with market conditions.
While AMP Futures offers educational resources, some traders may find that the broker could provide more in-depth research tools compared to competitors.
7. Security
AMP Futures takes security seriously and employs the following measures to protect client data:
- SSL Encryption: For secure communication between the client’s browser and AMP Futures’ servers.
- Two-factor authentication (2FA): For an added layer of account security.
- Funds segregation: Client funds are held in separate accounts, ensuring that your capital is not used for the broker’s operations.
AMP Futures complies with CFTC and NFA regulations, which means the broker is subject to rigorous oversight and is required to meet high standards of financial security.
Pros and Cons of AMP Futures
Pros:
- Low-cost trading with competitive commissions and margin requirements.
- Wide range of futures products, including commodities, equity indices, and cryptocurrencies.
- Multiple platform options, including NinjaTrader, TradeStation, and MetaTrader 5.
- Advanced trading tools for technical analysis, charting, and automated trading.
- 24/7 customer support with responsive agents.
- CFTC and NFA regulation, ensuring a secure trading environment.
- Demo account for beginners to practice risk-free.
Cons:
- Limited asset classes compared to brokers offering full-service trading (e.g., stocks, ETFs).
- Learning curve for beginners, particularly when using advanced platforms like NinjaTrader and TradeStation.
- Some trading platforms may have a steep pricing structure for those who prefer to use premium features.
Conclusion: Is AMP Futures Right for You?
AMP Futures is a highly competitive broker, offering low-cost futures trading with access to advanced trading platforms like NinjaTrader and TradeStation. Its low-margin requirements, low commissions, and diverse product offerings make it an attractive choice for both retail and professional traders who focus on futures, commodities, and cryptocurrencies.
For experienced traders looking for advanced tools and lower trading costs, AMP Futures is an excellent choice. However, beginner traders who are new to the world of futures may find the learning curve a bit steep, especially when using platforms like NinjaTrader or TradeStation. If you’re primarily looking for a broker focused on futures trading and are comfortable with advanced platforms, AMP Futures could be an ideal solution for you.


