AMP

AMP Global Clearing LLC, operating as AMP Futures, is a futures brokerage based in Chicago, Illinois. The company states it was founded in 2004 and has since focused on providing direct access to futures markets for retail and professional traders. With a physical address at 221 N. LaSalle Street, 25th Floor, Chicago, IL 60601, AMP positions itself as a low-cost, high-tech broker catering to active traders.

AMP Global Clearing LLC holds a Cyprus Securities and Exchange Commission (CySEC) license under number 360/18, authorizing it as a Market Maker. It is also registered with the U.S. National Futures Association (NFA) as a derivatives trading firm under NFA ID 0412490. These dual registrations aim to provide oversight in both European and U.S. markets, though traders should independently verify the current status of these licenses.

The broker claims to offer over 50 trading platforms, including industry standards like MetaTrader 5 (MT5), CQG, MultiCharts, and Quantower. This extensive platform support allows traders to choose the interface and tools that best match their strategies, from charting and backtesting to automated trading.

AMP Futures primarily facilitates trading in U.S. futures markets, covering major asset classes such as equity indices (E-mini S&P 500, Nasdaq), energy (crude oil, natural gas), metals (gold, silver), and agricultural products. The broker provides direct market access to exchanges like CME, CBOT, NYMEX, and COMEX via its clearing relationships.

Specific account types and minimum deposit requirements are not openly disclosed on the broker's public materials. Based on user reports, AMP offers individual and corporate accounts, with a minimum account balance of $100 required to maintain live data access. Commission rates and margin structures are said to be competitive, though traders have reported additional monthly fees and margin increases during high-impact news events. Potential clients should contact the broker directly for a full fee schedule.

AMP Futures supports funding via wire transfer and ACH deposits. User experiences vary: some praise swift deposit processing, while others report delays and confusion with ACH timing. Withdrawals are primarily processed via wire, with processing times ranging from same-day to over a week, according to client feedback. The broker's banking team is available through live chat and email for assistance.

Customer support is a highlighted strength, with live chat, phone, and email channels. Reviewers frequently name individual support agents as knowledgeable and prompt. The trade desk receives particular praise for quick execution and problem resolution. However, some international applicants have encountered difficulties with the account opening process, citing rigid KYC requirements.