AMP Futures is transparent about all trading fees, ensuring there are no hidden charges. Here's a breakdown:
Commissions:
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Commissions: AMP offers Ultra-Cheap commissions, which vary based on the trading platform and volume. You can view your exact cost using the AMP Exact Cost Calculator.
Understand the Trading Fees (Breakdown):
- Categories: Your daily statement provides a detailed breakdown of commissions and fees by category, including:
- Exchange Fees: Charges from the exchange where trades were executed.
- NFA Fees: Fees imposed by the National Futures Association.
- Clearing Fees: Costs associated with clearing trades.
- Platform Fees: Charges for using specific trading platforms.
- Commission: Brokerage fees per trade.
AMP Futures offers access to various market data feeds, each with its own fee structure. Here's a simplified overview:
1. Exchange Market Data Fees:
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Monthly Charges: Fees vary depending on the exchange and the type of data (e.g., real-time quotes, market depth). https://www.ampfutures.com/trading-info/exchange-data-fees
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Per User Basis: Subscriptions are charged per live trading credential/username
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Full Month Billing (no-prorating): Exchanges charge for the entire calendar month, even if you subscribe for just one day.
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Account Balance Requirement: At the end of each month, if your account balance is below $100 (equivalent), your market data access will be turned off. To reactivate, you'll need to increase your balance above this threshold.
2. Data Feed Providers:
Some data feed providers, like Rithmic and Trading Technologies (TT), have additional monthly connection/service fees.
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CQG: No additional monthly fees beyond exchange data charges.
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Rithmic: Rithmic Pricing
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Trading Technologies (TT): TT Pricing
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Teton (Sierra Chart): No additional monthly fees beyond exchange data charges.
Important Note:
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Non-Professional Status: The listed fees on our website apply to non-professional traders. Professional traders may incur higher fees.
Account Fees:
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No Inactivity or Maintenance Fees: AMP does not charge for inactive accounts or ongoing maintenance.
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Other Services: Services like returned checks or wire recalls may have associated fees. For a comprehensive list, refer to AMP's Account Fees page.
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