AMP Global Review – What to expect from the broker

AMP Global is all in one broker, it offers trading Exchange-Traded Futures + Forex as well as CFDs. The company is licensed in Europe by the CySEC, so it can legally operate and offer its services to all members and citiziens of the European Union. AMP Global features CFD trading on forex, stocks, indices, commodities and cryptocurrencies. The minimum spread is for EUR/USD 1.0 pip*, the minimum deposit is set at $100.

What do we cover in our AMP Global Review?


General Risk Warning: 74–89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Basic information about the broker

  • Website address: www.AMPGlobal.com
  • Leverage: up to 1:30
  • Instruments: Futures, CFDs – Crypto, forex, oil, metals, indices, shares
  • Minimum deposit: $100 (accounts held in USD, EUR or GBP)
  • Demo account: Yes
  • Methods of deposit and withdrawal: Bank transfer, Neteller, Skrill, Credit cards (Visa, MasterCard, Maestro, UnionPay)

AMP Global Trading Platform

AMP Global features MT5, which gives users access to Exchange-Traded FUTURES, FOREX, CFDs. MT5 is a more advanced and powerful version of MetaTrader 4. It is a multi-asset platform that offers superior tools for comprehensive price analysis and use of algorithmic trading applications (trading robots or Expert Advisor).

AMP Global Spreads

As any other CFD broker, AMP Global charges a spread fee. For the most current spread charges, please visit the AMP Global.eu website. Here is a spread comparison table that contrasts AMP Global spreads with popular industry competitors.


Asset EUR/USD USD/JPY GBP/USD AUD/USD
AMP Global* 1.0 N/A N/A N/A
Plus500** 0.6 0.7 1.1 0.6
IQOption** 1.2 0.9 1.5 1.6

*Minimum spreads recorded on 02.06.2019 at 20:10 GMT, information was taken from the website of the broker. **Spreads recorded on 26.09.2019 at 11:26 GMT from the trading platform of the broker.

To sum up the AMP Global Review

AMP Global is licensed and regulated by the CySEC under license number 360/180. In Addition to the CySEC license, the company is also in the register of the UK’s FCA. The amount of available CFDs is not particularly attractive, the number hovers around 150. The AMP Global website does not list spreads for each asset, so we were unable to find out what spreads are on popular forex pairs. The only things, we could find out is that they start from 1 pip.

Your review can make a difference to other traders, please leave a comment if you have any personal experience with AMP Global.



Michael

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