@TenPound, please provide a real comparison. Unlike most other firms, AMP does NOT increase swaps. We charge our customers the exact swaps that our LPs charge, it is actually automatically updated daily directly from the LP, so it is hard to believe other firms have lower swaps.
A few examples: EUR/USD AMP EUROPE -16.3 - 0.3 Other Broker -8.63 +4.68 GBP/USD AMP EUROPE -11.8 -5.2 Other Broker -5.41 +1.87 USD/JPY AMP EUROPE -1.6 -12.4 Other Broker +3.83 -7.59 GBP/JPY AMP EUROPE -5.8 -13 Other Broker +0.65 -7.15 AUD/USD AMP EUROPE -6.8 -3.7 Other Broker -2.07 +0.17 And it goes on and on and..... No doubt, AMP EUROPE has very bad Forex-Swaps.
We see what you are saying....but this is just the way MT5 setting is required for proper calculations to match our LP swaps. For example, EUR/USD - here is our LP direct swap AMP EUR/USD Swap How MT5 Swap charge setting works...AMP's setting are required to match our LP. Now you can properly compare Swaps AMP's LP vs your example "Other broker": Other Broker -8.63 +4.68 You can now see AMP/LP swaps are actually alot lower than the "other broker".
We update in MT5 platform in real-time daily. In Both LIVE and DEMO (match) - so our customers can test their trading strategies in DEMO with all the same trading terms as our LIVE Customers. Here is link to install FREE Real-time Demo: https://downloads.ampglobal.com/metatrader-5-mt5 You can view in each Symbol Specifications in MetaTrader
i have a question concerning CFD commodities market like : Natural GAZ, soybeans , Corn, cotton, wheat, Coffee etc..., i dont see it available , will you add this markets? also any plan to add Ctrader platform? OR any other futures trading platform. thank you.
@AMP_Global Fine. We all agree that the displayed numbers are wrong. At least for me as a trader. So I have to convert them every time. -16.3 becomes 1.63 -0.03 becomes -0.3 I am not a mathematical genius but here I do not come up with a formula that fits both.
No plans to add any additional CFD commodities to MT4. You can trade all the REAL Exchange-Traded Futures with MT5: https://www.ampglobal.com/exchange_traded_futures/margins_requirements.html If we add any additional platforms we will for sure let all our clients and ET Members know.
They are NOT wrong...they are setup in proper format to be properly charged by the MT5 Swap Formula. Here is the MT5 Swap Formula: 'swap value' * 'volume' * 'contract size' * 10^(-digits) = Swap So, for example, 1 lot of EURUSD for 1 day will have: -16.3 * 1 * 10 000 * 0.00001 = -1.63 USD* *Conversion rate depends on Client's Base Deposit currency of the MT5 account. If you want to Test, we use the same MT5 swap formula in DEMO - you can carry a DEMO position and you will see the swap charged on the DEMO position. Here is link to install FREE Real-time Demo: https://downloads.ampglobal.com/metatrader-5-mt5