Are funds FDIC insured?

Funds in your futures trading account are not individually insured by the FDIC, as they would be in a personal bank account. However, customer funds are required to be segregated from the firm's own money under rules of the Commodity Futures Trading Commission (CFTC), a federal government agency, and the National Futures Association (NFA). This means the funds cannot be used for the firm's business activities and expenses, and can only be held for the benefit of customers. AMP complies with this requirement very strictly, and these segregated bank accounts are monitored by the CFTC as well as AMP's regulator, the CME. This is the primary method of protection for customer funds.

Any funds you may have deposited at AMP that are not currently being used for trading may be held in FDIC-insured bank accounts, but that insurance provides a limited amount of coverage for all customers' funds pooled together, so it provides very limited protection for each individual client.