“For Retail traders or investors a good choise, but not usefull to orderflow- and scalp-traders. There is a good market around this product where you can purchase add-ons. For TechnAnalysis I would use Tradingview or others like Ninja, Sierra...”
“I very much appreciate you asking about this. Although I also criticize some things about AMP, on the whole I am very satisfied.
MT5
First the good:
Almost never lag compared to Tradingview or Quantower.
very stable.
What's bad:
the platform is completely outdated. the charts are not adjustable, i.e. the price is not freely movable in the chart, but always fixed.
no order flow (delta volume, CVD ...) no usable volume analysis. no VWAP. no usable market depth (it is completely useless). no reasonable DOM. no order panel/trading toolbar. no permanent crosshairs. no volume candles. no independent Heikin-Ashi candles. Tools not collapsible, i.e. permanently as disturbing elements in the chart. no “Trading Locked”. No seconds chart. No market replay. no things like auto hod/lod. no TPO Charts. NO LEVEL 2 DATA! no "time to next bar".
All the best.”
“Trading Meta Trader 5 desktop and mobile with AMP Futures has been Fantastic their my spreads are lil to non existent i get filled on the market order instantly
Profit target and stop get filled to the tick i have yet to withdraw but coming soon with a update i also like the contract size leverage on low capital but be aware you will often see synchronization Correction charges $5-$60 Was the highest I’ve seen yet mostly every other day or when I trade that day, I’ll see lower charges I guess due to high impact news they change Leverage size. You would risk less on very volatile days like that.”
“I have enjoyed working with the MT5 for many years. The fact that AMP offers the MT5 was one of the reasons why I chose AMP. In particular, the Stereotrader add-on for MT5 is a great tool that, in my opinion, is on a par with other platforms. I would be very happy if AMP would also release the other add on tools for MT5 - because they facilitate chart analysis and order execution. I especially like to use the tool for the high and lows, which displays all high and lows from monthly, weekly, daily, hourly on the chart. I also use the tool for the pivatos (monthly, weekly, daily, hourly, M30, etc) on a daily basis. Whenever I trade somewhere, I always use MT5 if it is available. I also do all my analysis on MT5. In short: I am an absolute MT5 fan
Translated with DeepL.com (free version)”
“I preferred the coding in MT4 but there is plenty of documentation and help for MQL code in MT5. I find this much easier than most other C++ type platforms. Yes, it takes some work, but I like being able to create my own trade managers and knowing exactly what is happening. I also like the ease of adding a Stop and Target directly to an order rather than creating a separate Strategy to manage a trade, and the ability to drag Stops and Targets directly on the chart. I have struggled trying to learn other trading platforms, maybe because I am so used to Meta Trader, but it just seems easier to use.
Not 5 stars because this broker has a separate department to handle MT5 and sometimes you have to contact them to add the next trading month.”
