Hello everyone ,new member here,

I am planning to open a 1000 euro account in AMP GLOBAL to day trade micro futures ,in particular i am interested in MNQ.
In their site I read that they require 50 $ margin for day trading..But they also say 1500$ maintenance ..
https://www.ampglobal.com/exchange_traded_futures/margins_requirements.html

I am interested in open 9:30 to close 4:00 interval (not holding my positions longer that a few hours) , so my question is can I go with 1000 euros?or I should at least deposit 1500?

GeNiGen 

Hello everyone ,new member here, I am planning to open a 1000 euro account in AMP GLOBAL to day trade micro futures ,in particular i am interested in MNQ. In their site I read that they require 50 $ margin for day trading..But they also say 1500$ maintenance .. https://www.ampglobal.com/exchange_traded_futures/margins_requirements.html I am interested in open 9:30 to close 4:00 interval (not holding my positions longer that a few hours) , so my question is can I go with 1000 euros?or I should at least deposit 1500?

What timezone? In the link you posted AMP explains when your position needs to be closed or at which time you need to make sure you meet the exchange required maintenance margin.

Edit: you can also open an account with https://www.ampfutures.com/

The global division of AMP only offers MT5 and MT4 platform, with AMP futures you have a lot of free platform possibilities that are way better than MT5/MT4 like MultiCharts, SierraCharts, Tradingview, ...

The only reason to go with AMP Global is if you are also planning on trading Forex or CFD's and want to have access to all those instruments in one account. If you are planning on trading futures i would suggest opening an account with https://www.ampfutures.com/.

RDK91 

What timezone? In the link you posted AMP explains when your position needs to be closed or at which time you need to make sure you meet the exchange required maintenance margin. Edit: you can also open an account with https://www.ampfutures.com/ The global division of AMP only offers MT5 and MT4 platform, with AMP futures you have a lot of free platform possibilities that are way better than MT5/MT4 like MultiCharts, SierraCharts, Tradingview, ... The only reason to go with AMP Global is if you are also planning on trading Forex or CFD's and want to have access to all those instruments in one account. If you are planning on trading futures i would suggest opening an account with https://www.ampfutures.com/.

My timezone is UTC+3 (thus at 9:30am ET-when market opens- here is 16:30 afternoon)..
So if I got it well as long as i stay between 9:30am ET market open and 4:00 pm ET market close I can trade MNQ with 50$ margin so 1000eur will be plenty..

I am interested in micro futures and YES i would prefer tradingview (i already have a paper trading account there :Becky but i live in Europe ..Can i open an account with them from here??

GeNiGen 

My timezone is UTC+3 (thus at 9:30am ET-when market opens- here is 16:30 afternoon).. So if I got it well as long as i stay between 9:30am ET market open and 4:00 pm ET market close I can trade MNQ with 50$ margin so 1000eur will be plenty.. I am interested in micro futures and YES i would prefer tradingview (i already have a paper trading account there :Becky but i live in Europe ..Can i open an account with them from here??

Yes you can open an account with AMP futures. I also live in Europe and i have an account there.

You need to close 5 minutes prior to the close (15:55 ET) or 22:55 your local time (if my calculations are correct). If you hold beyond that time you will need to make sure you have enough money in the account for maintenance margin.

RDK91 

What timezone? In the link you posted AMP explains when your position needs to be closed or at which time you need to make sure you meet the exchange required maintenance margin. Edit: you can also open an account with https://www.ampfutures.com/ The global division of AMP only offers MT5 and MT4 platform, with AMP futures you have a lot of free platform possibilities that are way better than MT5/MT4 like MultiCharts, SierraCharts, Tradingview, ... The only reason to go with AMP Global is if you are also planning on trading Forex or CFD's and want to have access to all those instruments in one account. If you are planning on trading futures i would suggest opening an account with https://www.ampfutures.com/.

RDK91 

Yes you can open an account with AMP futures. I also live in Europe and i have an account there. You need to close 5 minutes prior to the close (15:55 ET) or 22:55 your local time (if my calculations are correct). If you hold beyond that time you will need to make sure you have enough money in the account for maintenance margin.

Your calculations are correct! Okey, five minutes prior to the close .I will remember that..thax
..As for the account , since you have already done it I would appreciate if you would share your experience ..
was it a simple process to open it, the documents they demand,did you have any problems with money transfer ?

GeNiGen 

Your calculations are correct! Okey, five minutes prior to the close .I will remember that..thax ..As for the account , since you have already done it I would appreciate if you would share your experience .. was it a simple process to open it, the documents they demand,did you have any problems with money transfer ?

My account was opened within one week. Very straight forward process. Wire deposit took 2 days. I have deposited 2 times so far, no problems at all.

Moderator Notice Welcome to the community. There is an existing thread for Amp (below). We keep our topics organized whenever possible, and don't allow what we call split topics. This means we like to keep very similar topics grouped in one main thread, making it easier to find things later. I am closing this new thread. Please repost any questions in the main thread linked below.

AMP Futures / AMP Global Review This is solely based on my experience. One word. They suck. First they overcharged commission than what they agreed and it took more than 2 weeks to refund that $2. It took too many phone calls and emails to get my $2 back. Talking about phone …

Mike