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Open a 1000eur futures account in AMP GLOBAL question


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Open a 1000eur futures account in AMP GLOBAL question

  #1 (permalink)
Greece
 
 
Posts: 10 since Apr 2020
Thanks: 4 given, 1 received

Open a 1000eur futures account in AMP GLOBAL question

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?


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  #2 (permalink)
Antwerp
 
 
Posts: 454 since Jun 2016


GeNiGen View Post
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/.

 
  #3 (permalink)
Greece
 
 
Posts: 10 since Apr 2020
Thanks: 4 given, 1 received



RDK91 View Post
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??

 
  #4 (permalink)
Antwerp
 
 
Posts: 454 since Jun 2016


GeNiGen View Post
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.

 
  #5 (permalink)
Greece
 
 
Posts: 10 since Apr 2020
Thanks: 4 given, 1 received


RDK91 View Post
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 View Post
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 ?

 
  #6 (permalink)
Antwerp
 
 
Posts: 454 since Jun 2016


GeNiGen View Post
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.

 
  #7 (permalink)
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