So you did this on middle of Saturday night without consulting Legal, Risk, Compliance dept. Do you even have those professionals in your company or is it one man army enterprise?
I have decided to put a significant amount of my money with AMP
- Thread starter balckagroop
- Start date
So you did this on middle of Saturday night without consulting Legal, Risk, Compliance dept. Do you even have those professionals in your company or is it one man army enterprise?
I think there is more to this than is behind said out loud..
No dog in this fight,but if you read the original post from Balck,it would certainly appear he is a major shooter with little experience trading futures.2 months ago,he was flipping 2 lots,now He is throwing around 300 lots...He may be the next Paul Tudor Jones,but if I was his clearing agent and read this thread,I would take a hard pass or watch him like a hawk..No f'n way I toss him more rope..
With that said,AMP did not need to get onto a public pissing contest with him on a public forum..Not a good look
No dog in this fight,but if you read the original post from Balck,it would certainly appear he is a major shooter with little experience trading futures.2 months ago,he was flipping 2 lots,now He is throwing around 300 lots...He may be the next Paul Tudor Jones,but if I was his clearing agent and read this thread,I would take a hard pass or watch him like a hawk..No f'n way I toss him more rope..
With that said,AMP did not need to get onto a public pissing contest with him on a public forum..Not a good look
decades ago, I did like wise.
I was trading with small lots.
suddenly I increased it by multiple times because I heard that it was possible to reach financial freedom within few months.
Of course, I was burnt badly.
Those were the dark days.
IMO ....AMP_Global was clearing up misinformation posted by an anonymous poster. No confidential internal client communications was posted, it was all standard generic know-your-client questions and answers.
you wouldn’t leave a broker that posted that email exchange online? I have left brokers for much less.
This has been an entertaining thread.
This is a reg violation. They will get fined. I’ve filed with the CFTC and the NFA.
Glad I was able to see how insane and stupid they are before depositing more.
Last edited:
I've also had a bad experience at AMP, when they advertised a lifetime no commission trading offer if you paid $1000, only to find out that there was a hidden per contract fee (trade processing fee, or some garbage like that) that was never mentioned until after depositing the money there. The customer service guy was rude and sounded like a used car salesman. I ran as soon as I could and got my money out of there ASAP.
AMP seems to be tailored for newb futures traders with under 25K accounts who trade 1 and 2 lots so its a bit too much to ask them to accommodate a 7 figure account. It has its place among futures brokers, basically very small retail accounts and I'm sure that works fine for those clients. But putting in any kind of real money there is taking a lot of risk with a low capitalized firm.
AMP seems to be tailored for newb futures traders with under 25K accounts who trade 1 and 2 lots so its a bit too much to ask them to accommodate a 7 figure account. It has its place among futures brokers, basically very small retail accounts and I'm sure that works fine for those clients. But putting in any kind of real money there is taking a lot of risk with a low capitalized firm.
AMP_Futures
ET Sponsor
Thank you.
Yes, here is our default commissions: https://portal.ampclearing.com/account/commissionquote.aspx
If you need any assistance, please contact our 24 hour help desk in real-time via Phone or Live CHAT: https://www.ampfutures.com/contact-us/
Happy Trading!
Yes, here is our default commissions: https://portal.ampclearing.com/account/commissionquote.aspx
If you need any assistance, please contact our 24 hour help desk in real-time via Phone or Live CHAT: https://www.ampfutures.com/contact-us/
Happy Trading!
