AMP Global

Ashraf Shahhat

1-2年

Does AMP Global have any cons?

WikiFX 回答

AMP Global broker, while offering a solid platform and regulatory oversight, has some drawbacks. The most notable con is the minimum deposit requirement of 100 USD, which may seem high for beginners or those wanting to test the platform with small amounts. Additionally, while AMP Global provides access to a range of trading instruments, the commissions charged for trading are not readily disclosed, which can make it difficult to accurately assess trading costs. This lack of transparency about AMP Global commissions is something that bothers me, as it adds a layer of uncertainty to overall costs. Moreover, the "Exceeded" regulatory status with the NFA could be a potential red flag, as it indicates that the broker's business activities may not be fully regulated according to the standards set by the NFA. Therefore, while AMP Global review from other traders is generally positive, I would suggest being cautious and thoroughly reviewing the fees and commissions before making an initial deposit.

Broker Issues

AMP Global

Regulation

08-07

美国

Thobani Dlalda

1-2年

Can I know the details about AMP Global's fees?

WikiFX 回答

AMP Global fees are primarily made up of variable spreads and commissions on trades, but exact details on the commission rates per lot are not disclosed upfront. This lack of transparency on AMP Global commissions can be frustrating, especially for traders who like to know their exact trading costs before getting started. The spread for forex trading starts at 1.0 pips, which is competitive in the industry, but this can widen depending on market conditions. From my personal experience, knowing exactly how much you’ll pay for each trade is crucial for calculating potential profits and losses. It’s a bit of a downside that AMP Global doesn't provide clear commission structures on its website, which means you would need to get in touch with customer support or check the AMP Global login section for more specific information on commissions related to different asset classes. While the platform has a lot of potential, the lack of clarity around trading costs leaves me feeling like I need to dig a bit deeper before fully committing to this broker.

Broker Issues

AMP Global

Fees and Spreads

07-12

美国

kennis2244

1-2年

What trading platforms can I use with AMP Global?

WikiFX 回答

AMP Global supports two main trading platforms: MetaTrader 5 (MT5) and StereoTrader 2.5. The MT5 platform is popular among traders for its advanced charting tools, automated trading capabilities, and multi-device compatibility, which I personally find very convenient for trading on the go. Whether you’re using a desktop, tablet, or mobile, MT5 ensures that you have access to all the essential tools and features for seamless trading. For more advanced users, the StereoTrader 2.5 platform offers enhanced features like automated trading, advanced charting, and API integration. This platform is especially useful for professionals who need deep market analysis and algorithmic trading. Personally, I think the combination of MT5 and StereoTrader provides excellent flexibility, catering to both novice and experienced traders.

Broker Issues

AMP Global

Leverage

Account

Instruments

Platform

07-05

美国

qirhost

1-2年

What are the pros of trading with AMP Global?

WikiFX 回答

AMP Global offers several advantages that attract both beginner and experienced traders. The broker supports a wide array of market instruments, such as forex, cryptocurrencies, futures, and stocks. With AMP Global trading, you can access a diverse set of asset classes, allowing you to build a well-rounded portfolio. One of the main selling points is the availability of the MetaTrader 5 (MT5) platform, which is accessible on desktop, mobile, and web. MT5 offers robust charting tools, advanced order types, and automated trading capabilities, which I find useful for implementing complex strategies. Additionally, AMP Global offers a range of account types, including corporate and Islamic accounts, making it a flexible choice for different types of traders. The free demo account is another big pro, enabling traders to practice without risking their capital. However, despite these benefits, the minimum deposit of 100 USD may deter some new traders, especially those just starting with small amounts. While I see many pros with AMP Global, its regulatory status in some regions means I would exercise caution before depositing large amounts.

Broker Issues

AMP Global

Regulation

06-29

美国