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Amp Trading Review           

Information  Info
Name Amp Trading
Website "www.ampfutures.com"
EstablishedN/A
CountryGlobal
PlatformDownload

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Amp Trading Review


Amp Trading offers clients software tools for trading in the Futures and Forex markets. The 312 area code found in the company’s contact information might well indicate an operational base somewhere in downtown Chicago. Potential clients are not brought into the loop when it comes to the history of Amp Trading or its personnel.

The company’s mission is clear-cut: providing the latest technology in online trading as well as a constant flow of proprietary research. Amp Trading specializes in the areas of Options and Forex trading.

Amp Trading offers self-directed online execution service for those wishing independent control over the order placement process as well as broker-assisted trading for clients who desire the help of a licensed commodity broker. Broker-assisted can mean that client makes their own trading decisions and only uses an experienced professional to execute the order. Addition trading advice and assistance may also be involved with broker assistance. Clients are also offered the capability of coding a personal system into Amp Future’s trading platform for automatic execution.

A CTA managed futures accounts is another option where a registered Commodity Trading Advisor (CTA) is given responsibility to make all trading decisions.

Foreign Introducing Broker services are also offered by Amp Trading with "Foreign" or "Non-U.S. Citizen" participants.

A free simulated trading account is also available with a $50,000 test account option that gives clients a simple, risk-free way to try out Amp Trading’ platforms.

The main component of the platform on offer at Amp Trading is Ninja Trader, a free application for advanced charting, market analytics, system development and trade simulation. Ninja Trader was developed by Ninja Trader LLC starting in 2004. It is complete end-to-end trading platform serving discretionary and automated traders of futures, equities and Forex markets. The platform is free to use. The company also offers similar options for the Meta Trader 4 platform.

Amp Global Trader is developed to assist Futures traders. It is also available in free demo form. X Trader is available for derivatives traders.


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Live FX Rates

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EUR/USD0.00461.25781.2564
AUD/USD0.00610.98310.9799
EUR/GBP0.00180.80160.801
EUR/JPY0.34100.19100.01
GBP/USD0.00261.56921.5678
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USD/JPY-0.0679.7379.57

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1 Comments

  • Aaron.Cohn

    Amp is atrocious. Emails to customer support routinely go unanswered. Their emergency trading line hung up on me. Then one day, I noticed a sudden 20 pip change in my cost basis for an open position. I had neither done a recent open or close. Customer support belittled me when I raised this as an issue in a public forum & then abused its position as a financial supporter of the forum to get my post removed while their advertising spam remained. At best they don't care about their customers, at worst they are dishonest. Their in-house trade clearing operation looks like it must be run out of a garage, as it is ridiculously undercapitalized and with tiny customer deposits. Save yourselves time, money, and headaches by going with Mirus (I use them & their good) or velocity (heard good things, don't use them myself).

    Aaron.Cohn December 2011
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