Quote from DW trader:
Amp is the absolute worst company you could ever deal with.
Reasons:
1: length of time to set up an account is ridiculous. I have been trying for 10 days.. the customer service levels is off the charts the worst! ! I asked how much longer to open my account.. here's a quote: " each account if different and all i can say is it should be before 2011."
I haven't even given them any money yet.. can you imagine what it would be like after they have your cash?
Also, i don't trust brokers who can't answer their phone after hours. No VM, Dorman who is the actual account holder doesn't have a answering service.... seems like this whole company is run out of a garage somewhere. I would compare this company with those involved with Nigerian Bank scams. If you value your cash, your relationship with your broker, and don't want to stress over wether or not your money is in a truly safe place..then Forget about AMP. There are a low class, trashy company that is in dire need of a Customer Service manager.