What Account Types and Fees Does AMP Global Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and experienced traders |
Low spreads, flexible trading strategies |
Minimum deposit of $100 |
| Professional Account |
Experienced traders |
Higher leverage, tailored services |
Requires trading volume qualifications |
| Corporate Account |
Corporate clients |
Specialized trading conditions |
Requires corporate documentation |
| Islamic Account |
Clients practicing Islam |
Swap-free trading |
Available for eligible clients only |
| Demo Account |
New traders |
Practice trading without risk |
Virtual funds provided |
Account Opening Process
To start trading with AMP Global, prospective clients need to open either a demo or a real trading account. The steps are as follows: 1. Visit the official AMP Global website and click on the “open a demo account” or “open a trading account” button. 2. Fill out the registration form with your first name, last name, telephone number, country of residence, and email address. Additionally, provide information about your professional skills, previous trading toolkit, strategies used, and financial information. Before funding the trading account, clients must complete identity verification by submitting scanned copies of their ID and proof of address. 3. After verification, users can explore the personal account features, including margin information, contract specifications, and live support options. AMP Global offers the flexibility to upgrade to a professional account later if desired.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for major pairs |
| Forex (GBP/USD) |
0.9 |
$0 (ECN: $3.5/lot) |
Competitive pricing |
| CFDs (Indices) |
1.0 |
$0 |
Varies based on market conditions |
| CFDs (Commodities) |
1.5 |
$0 |
Varies with volatility |
| Cryptocurrencies (BTC/USD) |
1.0% |
0.1% |
Variable depending on market conditions |
Other Fees
AMP Global has no deposit or withdrawal fees, ensuring cost-effective transactions for clients. There are no inactivity fees, allowing traders to maintain accounts without worrying about additional charges. However, clients should be aware of potential overnight interest (swap rates) applicable to certain positions. Currency conversion fees may apply when trading in different currencies.
