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Manta, Ecuador
Trading Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
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Posts: 47,680 since Jun 2009
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DarkPoolTrading View Post
Why anyone on this site continues to want anything to do with AMP is beyond me.

Me as well, but I think it's simply a matter of lack of education. Only those that have read a great deal on the subject would truly understand all angles, and I don't believe that is AMP's target audience.

The incidents of their arrogance and unethical behavior pop up constantly.

For those that aren't aware, some digging around on the forum re AMP. AMP taking legal action against (formerly BMT) is the tip of the ice berg.

I hope more people do their homework when selecting a broker.

Given recent history of MFG and PFG where funds were lost, and then more recent NFA actions with Vision (FCM) as well as Global Futures (IB, Global clears thru AMP), traders should not take any chances when it comes to their broker. I hope ultimately that we will see some form of insurance like SIPC but for futures. That may be wishful thinking.

I hope everyone is taking notice. And I hope everyone has read all the public documents about the AMP lawsuit so they can reach their own conclusions about the merits of their lawsuit.


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