Looking for a low-cost futures broker? AMP Futures offers access to 50+ trading platforms, competitive margins starting at $40 for Micro E-Mini S&P 500, and a $100 minimum deposit. Regulated by the NFA and CFTC, it’s a solid choice for professional traders seeking fast execution and reliable support.
Here’s a quick overview of AMP Futures:
- Key Features: Free CQG QTrader, 24/5 customer support, and global market access across 7 asset classes.
- Pricing: Commissions as low as $0.15 per contract (high volume) plus fees.
- Strengths: Low costs, wide platform options, and strong regulatory oversight.
- Challenges: High withdrawal fees, inconsistent support response times, and limited mobile features.
Quick Comparison Table:
| Aspect | Strengths | Limitations |
|---|---|---|
| Trading Platforms | Free access to 50+ platforms | Mobile lacks full desktop features |
| Cost Structure | Ultra-low commissions | High withdrawal fees |
| Customer Support | 24/5 availability | Delayed technical support |
| Regulation | CFTC and NFA regulated | Limited for non-U.S. traders |
| Trading Experience | Low margins, fast execution | No copy trading features |
AMP Futures is ideal for experienced traders who value low fees and advanced tools but may not suit beginners or those needing frequent withdrawals. Dive into the full review for detailed insights.
AMP Futures Review | Is It The Best Trading Platform? (2024)
1. Core Platform Features
AMP Futures builds its platform around the free CQG QTrader (normally $75/month)[5], offering professional-grade tools for traders. Below, we break down its trading software, pricing, system performance, and support options.
Trading Software
CQG QTrader provides access to real-time data from over 75 global sources and connects to more than 40 exchanges worldwide[5]. Here’s what the platform offers:
- Advanced analytics and customizable charting tools
- Multiple trade execution interfaces
- Real-time market data integration
- Accessibility on both mobile and desktop devices
- A wide range of technical analysis tools
Commission Structure
AMP Futures uses a straightforward, volume-based pricing system:
| Monthly Trading Volume | Commission Rate |
|---|---|
| Standard Rate | $0.25 per contract + fees |
| High Volume (10,000+ contracts) | $0.15 per contract + fees |
Other fees include:
- Wire withdrawals (domestic/international): $30.00
- Currency conversions: $30.00
- Margin liquidation: $25.00 per contract
- Statement reproduction: $30.00[2]
System Performance
Powered by CQG’s technology expertise[5], the platform delivers:
- Fast and reliable market data
- Dependable trade execution
Support Services
AMP Futures provides a range of support options to assist traders:
- 24-hour trade desk access at no extra cost
- Free daily and monthly electronic statements
- Live chat and email support
- An online knowledge base
- Access to a community forum for peer and expert discussions
Additionally, the platform helps reduce costs with free domestic ACH transfers, no fees for incoming wire transfers, and complimentary check processing[2].
Platform Strengths and Limitations
User feedback and platform features highlight both advantages and challenges for AMP Futures.
Strengths
AMP Futures stands out in several areas for futures traders:
- Low Costs: Offers extremely low commission rates and free access to its 24-hour trade desk [6].
- Wide Platform Options: Provides free access to premium platforms like CQG, R Trader Pro, TradingView, and MT5 – services that often require separate subscriptions elsewhere [6].
- Regulatory Oversight: As a U.S.-based Futures Commission Merchant (FCM), AMP Futures is regulated by the CFTC and NFA, ensuring strong protections for traders [7].
Despite these advantages, there are areas where users have reported challenges.
Challenges Reported by Users
"The wire withdrawal process was frustrating – it took nearly 10 days for my funds to arrive, and the fees were higher than I expected. The Sierra Chart platform is great for technical analysis, but customer service could be more responsive to technical issues."
– Lisa P. (February 4, 2025)
Here’s a summary of the platform’s key strengths and limitations:
| Aspect | Strengths | Limitations |
|---|---|---|
| Trading Platforms | Free access to 50+ platforms [6] | Mobile interface lacks full desktop features |
| Cost Structure | Ultra-low commission rates Free 24-hour trade desk access [6] |
High withdrawal fees Extra data feed costs |
| Customer Support | Multiple support channels 24/7 availability |
Inconsistent response times Delayed technical support |
| Regulation | CFTC and NFA regulated [7] Negative balance protection |
Limited options for non-U.S. traders |
| Trading Experience | Access to 7 asset classes [6] Solid conditions |
No copy trading features |
Recent Performance Metrics
Recent data further underscores the platform’s position in the market:
- A TrustPilot score of 4.4/5 from 708 reviews [7]
- Reliable performance during major trading sessions
- Comprehensive data feed options via CQG and Rithmic [6]
Setup and Usability Feedback
Some users have noted challenges with setup and onboarding:
"The data subscription setup was confusing, and I had to send several emails to get it resolved. While trading conditions are solid, the onboarding process could use some work."
– Daniel C. (December 20, 2024)
"When I switched to a live account, setting up the MultiCharts platform was overwhelming. They could offer more beginner-friendly tutorials. That said, their low fees make them a great choice for futures trading once you figure out the platforms."
– Emily T. (January 15, 2025)
sbb-itb-7b80ef7
User Reviews and Performance Data
AMP Futures has earned a 4.3 out of 5-star rating on Trustpilot, based on 760 reviews [8]. Meanwhile, TradingView users rate it even higher, with an average of 4.7 out of 5 from over 6,400 reviews [9]. These ratings, combined with earlier feature analyses, provide insight into how the platform performs in real-world scenarios.
Customer Support Highlights
One area where AMP Futures shines is customer support. Many users praise the company for its attentive and personalized assistance:
"As a trader with Parkinsons i wanted to reach out thank Collin personally for taking the time and having great patience to help me get up and running. I have been an AMP client for 20 years. i cant thank you enough for the great service." – Dana Arlene [8]
"Very friendly and helpful support. Very efficient consultant and answered my query thoroughly, even sent me images to support is explanation. Highly recommend AMP." – Richard [8]
Trading Performance and Platform Stability
Beyond customer support, trading performance is a key factor for users. Here’s a breakdown of how AMP Futures performs in critical areas:
| Performance Aspect | User Feedback | Impact on Trading |
|---|---|---|
| Execution Speed | Consistently fast | Improves trade timing |
| Platform Stability | Varies by platform | Affects reliability |
| Margin Requirements | Recent increases noted | Limits trading flexibility |
| Withdrawal Process | Processing delays reported | Slows fund accessibility |
| Data Feed Quality | Premium via CQG/Rithmic | Delivers reliable data |
Challenges Faced by Users
Some users have flagged specific issues that impact their trading experience:
- Withdrawal Delays
An April 30, 2025 report highlighted delays in processing FX transactions, which affected withdrawals [8]. - Margin Requirement Adjustments
Feedback from April 3, 2025 noted sudden increases in margin requirements, creating challenges for smaller traders [8]. - Technical Infrastructure
Traders using QuantVPS‘s Chicago-based servers report execution speeds as fast as 0–1ms, underscoring the importance of a strong infrastructure [10].
Tips for Optimizing Performance
Experienced traders have found ways to improve their trading experience with AMP Futures:
- Using automated trading systems hosted near exchange servers to reduce latency
- Leveraging dedicated trading servers for faster execution speeds
"AMP is a reliable futures broker. They offer low margins for Micros. I appreciate the ability to trade on tradingview." – Psychedelo [9]
Overall, AMP Futures delivers strong performance during major trading sessions, especially when paired with tools like dedicated hosting. Traders who invest in optimized infrastructure report consistent execution speeds and minimal downtime [10].
Conclusion
AMP Futures caters to experienced traders who prioritize high-performance technology and dependable trade execution. With a mix of multiple trading platforms, quality data feeds, and competitive pricing, it’s designed to meet the needs of seasoned traders [1][3].
For algorithmic traders, the integration of MetaTrader 5 and MQL5 IDE provides strong support for automated strategies [11]. However, there are a few areas that may require attention:
- Platform accessibility differs depending on the device [4]
- Some fees and occasional processing delays remain
- The product selection is heavily centered on futures [4]
- Response times for technical support can vary [7]
AMP Futures also stands out for its focus on execution speed and reliability, offering custom colocation services and optimized infrastructure [1]. The platform’s emphasis on these features, combined with its specialization in futures trading, makes it a strong choice for traders who value execution quality and platform customization.
The combination of advanced tools and consistent performance makes AMP Futures a solid option for those who need both speed and stability. However, users should weigh factors like withdrawal frequency and technical support responsiveness when evaluating its overall suitability.
FAQs
What advantages does AMP Futures offer for experienced traders compared to beginners?
AMP Futures provides a range of features that cater to both experienced traders and beginners, but its benefits are particularly appealing to seasoned traders. Experienced traders can take advantage of the platform’s advanced trading tools, competitive commission rates, and extensive market access, which allow for more sophisticated trading strategies. Additionally, the platform supports a variety of third-party trading software, giving professionals the flexibility to customize their trading experience.
For beginners, AMP Futures offers educational resources and a user-friendly interface to help them get started. However, the platform’s advanced features may require a learning curve, making it better suited for traders with some prior experience. Overall, AMP Futures is designed to accommodate a wide range of trading needs, but experienced traders are likely to benefit the most from its robust capabilities.
How do AMP Futures’ withdrawal fees and processing times affect traders?
AMP Futures charges a $30 wire withdrawal fee for both domestic and international transactions. This can significantly impact traders withdrawing smaller amounts, as the fee may cut into their profits.
Additionally, some users have reported delays in processing withdrawals and occasional challenges with customer support responsiveness. These factors can be frustrating for traders who value quick access to their funds and timely assistance.
What are some effective strategies for maximizing performance on the AMP Futures platform?
To get the most out of the AMP Futures platform, traders can focus on a few key strategies. First, take advantage of the platform’s customizable trading tools to tailor your workspace to your specific needs. Organizing charts, indicators, and order types in a way that complements your trading style can significantly improve efficiency.
Additionally, regularly reviewing the platform’s fee structure can help you manage costs effectively, especially if you are a high-frequency trader. Understanding commission rates and other charges ensures you can make informed decisions that align with your budget.
Lastly, consider using AMP Futures’ customer support resources to address any technical issues or questions. Their support team can provide guidance on platform features, helping you optimize your trading experience. Staying informed and proactive is key to maximizing your performance.