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Ashraf Shahhat
Within 1 year

Does AMP Global have any cons?

Broker Issues
AMP Global
Regulation
08-07
United States
WikiFX
Reply

AMP Global broker, while offering a solid platform and regulatory oversight, has some drawbacks. The most notable con is the minimum deposit requirement of 100 USD, which may seem high for beginners or those wanting to test the platform with small amounts. Additionally, while AMP Global provides access to a range of trading instruments, the commissions charged for trading are not readily disclosed, which can make it difficult to accurately assess trading costs. This lack of transparency about AMP Global commissions is something that bothers me, as it adds a layer of uncertainty to overall costs. Moreover, the "Exceeded" regulatory status with the NFA could be a potential red flag, as it indicates that the broker's business activities may not be fully regulated according to the standards set by the NFA. Therefore, while AMP Global review from other traders is generally positive, I would suggest being cautious and thoroughly reviewing the fees and commissions before making an initial deposit.

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