AMP Global (Europe) Launched – Ask us anything

[AMP_Futures]

@TenPound, please provide a real comparison.

Unlike most other firms, AMP does NOT increase swaps. We charge our customers the exact swaps that our LPs charge, it is actually automatically updated daily directly from the LP, so it is hard to believe other firms have lower swaps.

 

[TenPound]

A few examples:

EUR/USD

AMP EUROPE -16.3
- 0.3

Other Broker -8.63
+4.68

GBP/USD

AMP EUROPE -11.8
-5.2

Other Broker -5.41
+1.87

USD/JPY

AMP EUROPE -1.6
-12.4

Other Broker +3.83
-7.59

GBP/JPY

AMP EUROPE -5.8
-13

Other Broker +0.65
-7.15

AUD/USD

AMP EUROPE -6.8
-3.7

Other Broker -2.07
+0.17

And it goes on and on and.....

No doubt, AMP EUROPE has very bad Forex-Swaps.

 

[AMP_Futures]

We see what you are saying....but this is just the way MT5 setting is required for proper calculations to match our LP swaps.

For example, EUR/USD - here is our LP direct swap

AMP EUR/USD Swap

How MT5 Swap charge setting works...AMP's setting are required to match our LP.

Now you can properly compare Swaps AMP's LP vs your example "Other broker":

Other Broker -8.63
+4.68

You can now see AMP/LP swaps are actually alot lower than the "other broker".

 

[TenPound]

There is then a list that is published on the website every day?

 

[AMP_Futures]

There is then a list that is published on the website every day?

We update in MT5 platform in real-time daily. In Both LIVE and DEMO (match) - so our customers can test their trading strategies in DEMO with all the same trading terms as our LIVE Customers.

Here is link to install FREE Real-time Demo: https://downloads.ampglobal.com/metatrader-5-mt5

You can view in each Symbol Specifications in MetaTrader

 

[naf1s]

Great News!!! We are excited to announce that you are now able to use MetaTrader 4 for Live Trading with your AMP Global (Europe) account.

With your AMP Global (Europe) Account - you can now trade using both MetaTrader 5 and all versions of MetaTrader 4.

• MetaTrader 4 for Windows (Desktop) Version
• MetaTrader 4 for IOS (iPhone, iPad)
• MetaTrader 4 for Android OS
• MetaTrader 4 Web Browser

Here is link for FREE MT4 Demo: https://www.ampglobal.com/trading/metatrader4.html

For Clarification, MetaTrader 4 is a platform for trading Forex, CFDs (Energies, Metals, Stock Indices) and Crypto-CFDs. MT4 does NOT support Exchange-Traded Futures, such as CME (only MT5 support the Exchange-Traded Futures)

But if you have a favorite indicator, Expert Advisor, Signal Service, Copy Trade or anything you are using MT4 - you can now use BOTH MT5 and MT4 with your AMP Global (Europe) Account. No limitations - Full MT4 features or trading options.

For our Existing Customers - Easy Setup - Please Follow these Steps:
How to Enable New Trading Account - MetaTrader 4 (MT4) >>

Great News!!! We have reduced CFD Indices to MICRO Size.

You can now place an order as low as a penny (0.01) - allowing you to trade CFD Indices on MT5 and MT4 as low as $7.00 Margin requirement per MICRO Lot.

This is available now on your AMP MetaTrader 5 and MetaTrader 4 trading accounts. Nothing needed from you.

Available Stock Indices Symbols:

• AUS200 - Australia 200
• EUR50 - Europe 50
• FCHI - France 40
• GER30m - Germany 30 (Mini)
• HSI - Hong Kong 50
• J225 - Japan 225
• SPN35 - Spain 35
• UK100 - UK 100
• SPXm - US SPX 500 (Mini)
• NDXm - US Tech 100 (Mini)
• WS30m - Wall Street 30 (Mini)

Click Here to Download Real-time Demo of MetaTrader 5 (MT5) >>

Click Here to Download Real-time Demo of MetaTrader 4 (MT4) >>

Happy Trading!

i have a question concerning CFD commodities market like : Natural GAZ, soybeans , Corn, cotton, wheat, Coffee etc..., i dont see it available , will you add this markets? also any plan to add Ctrader platform? OR any other futures trading platform. thank you.

 

[TenPound]

@AMP_Global

Fine. We all agree that the displayed numbers are wrong. At least for me as a trader.
So I have to convert them every time.

-16.3 becomes 1.63
-0.03 becomes -0.3

I am not a mathematical genius but here I do not come up with a formula that fits both.

 

[AMP_Futures]

i have a question concerning CFD commodities market like : Natural GAZ, soybeans , Corn, cotton, wheat, Coffee etc..., i dont see it available , will you add this markets? also any plan to add Ctrader platform? OR any other futures trading platform. thank you.

No plans to add any additional CFD commodities to MT4.
You can trade all the REAL Exchange-Traded Futures with MT5:
https://www.ampglobal.com/exchange_traded_futures/margins_requirements.html

If we add any additional platforms we will for sure let all our clients and ET Members know.

 

[AMP_Futures]

@AMP_Global

Fine. We all agree that the displayed numbers are wrong. At least for me as a trader.
So I have to convert them every time.

-16.3 becomes 1.63
-0.03 becomes -0.3

I am not a mathematical genius but here I do not come up with a formula that fits both.

They are NOT wrong...they are setup in proper format to be properly charged by the MT5 Swap Formula.

Here is the MT5 Swap Formula:

'swap value' * 'volume' * 'contract size' * 10^(-digits) = Swap

So, for example, 1 lot of EURUSD for 1 day will have:

-16.3 * 1 * 10 000 * 0.00001 = -1.63 USD*

*Conversion rate depends on Client's Base Deposit currency of the MT5 account.

If you want to Test, we use the same MT5 swap formula in DEMO - you can carry a DEMO position and you will see the swap charged on the DEMO position.

Here is link to install FREE Real-time Demo: https://downloads.ampglobal.com/metatrader-5-mt5

 

[TenPound]

@AMP_Global

Many thanks for your explanations.