Traders Union is in the constant lookout for new opportunities that can help traders achieve success with their trading endeavors.
This is why experts dedicate long hours of trials and tests to gauge a platform’s reliability, and detail their findings in a comprehensive review.
TU reviews house all there is to know about a broker company: advantages, disadvantages, services, unique features, and basic requirements, among others.
Recently, analysts have put AMPFutures in the spotlight, a Chicago, USA-based broker with a European subsidiary that provides services outside the United States.
AMP Futures review by Traders Union reveals an overall score of 5.82 out of 10.0, placing 70th in the TU Ranking 2023.
Based on the finance portal’s matrix, brokers with scores between 5.0 to 6.99 are mid-level companies considered mostly reliable but experts remind traders to check them more carefully, especially in terms of licensing record, before opening an account.
Among the strong points highlighted in the review is AMP Futures’ membership in the Investor Compensation Fund which serves as a guarantee that safeguards a client’s interest in a dispute.
Moreover, the platform is regulated by the Cyprus Securities and Exchange Commission (CySEC), a tier-1 finance body trusted by millions of traders in the financial markets.
It is worth noting that AMP Futures provides no restrictions on trading strategies, while offering a wide-range of trading instruments including exchange-traded futures, metals, energies, indices, stocks, cryptocurrency, and Contract for Differences (CFDs), in addition to Forex.
Many traders go big on reliability and are after a good TU Overall Score. In this case, Traders Union has its FXTRADING.com review, which caters to those seeking for a more trustworthy platform.
FXTRADING.com is a Sydney, Australia-headquartered broker which is authorized to operate by the Australian Securities and Investment Commission (ASIC).
Only the most trusted service providers in the country get the privilege to have an ASIC endorsement, thus speaking for its stellar track record.
Leverage on the platform can go up to 1:500 on major pairs, making it a perfect choice for traders with appetite for high risk, high reward schemes.
Minimum deposit is kept low at $50, all while offering a good selection of assets, including 70 currency pairs and 10,000+ CFDs.
It is worth noting that FXTRADING.com has established its presence among major money markets in the world. 16.24% of its clientele are from Canada, 10.8% from Taiwan, 9.95% from Vietnam, 9.80% from Mexico, and 7.95% in the United States.
On the downside, customer support is a major issue, with lines running only 24/5, with no one to attend to queries and disputes during the weekends. This is a huge turnoff for the majority of Forex customers, given that the market operates 24/7, and has one of the most action-filled trading activities in the entire finance sphere.
While providing unbiased and complete information about brokerage firms, Traders Union recommends traders to do their individual research before engaging in any platform.
Disclaimer: The content of this partner post is provided by Traders Union. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
Image: AMPFutures (Twitter)