Rating
5

Introduction

Optimus Futures is an online futures brokerage based out of Boca Raton, Florida. Founded in 2005, Optimus is a highly-rated brokerage noted for its customer service, top quality trading technologies, and wide selection of data feeds, exchanges, and assets (namely, futures, options, FX, and Bitcoin derivatives). Let’s review their offerings. 



Why Consider An Optimus Futures Brokerage Account?

Like many leading futures brokerages, Optimus Futures provides an extensive range of platforms, datafeeds, and clearing firms. 

So, what differentiates Optimus Futures from other firms? It’s the way they treat their customers. It doesn’t matter whether you’re a beginning trader just getting acquainted with the markets or a seasoned professional. Optimus’ expertise has something to offer, whether it’s guidance or customized technology. 

Newer futures traders may find themselves especially grateful for Optimus’ services as they provide lots of self-help guides, how-to videos, and educational resources. In other words, they offer enough resources to get you up and running confidently.

If you’re a seasoned trader, on the other hand, Optimus Futures may have a lot to offer in terms of customization and technology–e.g. highly advanced trading platforms, low latency data feeds, and various tools to fine-tune your trading strategies. 

One thing Optimus Futures offers that other brokerages don’t is, believe it or not, a free news trading platform. Although this may be more or less common in the world of equities trading, it’s a rarity in the retail commodities markets. Their news trading platform can help you stay on top of financial markets in real-time, receive relevant analysis of key economic events, and custom-tailor your notifications for any of the futures markets you trade.

Trading Platforms And Tools 

Optimus Futures’ flagship trading platform is called Optimus Flow. In our opinion, it’s interface seems much more intuitive than most standard trading platforms on the market. The panels are interactive, meaning you can customize them to create your ideal trading screen. In addition to this, you have extensive charting features, DOM, over 40 built-in indicators, and strategy back-testing capabilities with live data, and more. Plus, execution on Optimus Flow is fast (and for day traders, speed is almost everything).

Are you constantly on the go? Optimus has web and mobile applications in addition to desktop. This means that no matter where you are, real-time access to your positions are just a touch (or click) away. 

The cool thing is that all of the above are part of Optimus Flow’s free version. Yes, there’s a paid version too, and with it comes a host of more advanced futures (which are worth checking out).

Want to test the waters with their paid version? Get a free two-week trial. It doesn’t make sense to pay for anything unless you are able to sample it first. So, Optimus Flow’s two-week trial consists of the following: 

  • DOM Surface Track all liquidity changes in the order book as well as trading activity of participants via the Heatmap view
  • Volume Analysis Tools for deep price analysis: Cluster chart, Volume profiles, Time statistics, Time histogram, Historical Time & Sales, Price statistics, Volume Impact indicator
  • TPO Profile Chart Shows the price distribution during a specified time to reveal which levels the price has spent the most time

All these functionalities may allow you to trade the dynamics affecting the markets that most retail traders can’t see. Having the “inside” track on trading volume and order book can provide the kind of information you can use to get a better angle or edge on a trade.

And of course, Optimus Futures has the a wide range of 3rd party add ons–mainstays such as R | Trader Pro, MultiCharts, Sierra Chart, TradingView, MetaTrader 5 and more. View Futures Trading Platforms 

Education 

What good is any brokerage if it can’t provide you with any actionable insights–from basic error prevention and market education to helping you identify trading opportunities? If you don’t need broker support, then there are a few do-it-yourself automated brokerages that are fully automated. But the truth is that no trader, no matter how advanced, knows everything. And that’s where quality brokerages distinguish themselves, by providing quality insight to help you advance your trading goals.

Optimus Futures truly sets itself apart from other futures brokers because of the support and help the brokerage provides self-directed traders. This includes:  

  • Technical online videos that help you learn all the functionalities of various platforms 
  • Online self-help guides designed to get you up and running from the moment you sign up 
  • Access to market news and research, including from third party sources such as Hightower Research and other industry publications depending on the clearing firm you select
  • Podcasts on a wide range of subjects including day trading, risk management and trading psychology 
  • A passionate trading community where traders discuss all things futures trading. It’s a very different community in the sense that most discussions seem to revolve around very specific technical and or trading related topics. This is a welcome distraction from the usual “forum warriors” and “blatant promotions” you see on most other forums.
  • Highly educational and detailed blog posts that cover every single aspect of trading futures. From how to become a professional trader, the perfect trading set-up to advanced trading methodologies and technical trading strategies. 

Pricing

Low commissions are a common feature in today’s landscape. So, it’s no surprise that Optimus Futures offers some of the most competitive commissions in the industry. More importantly. Optimus Futures’ margin quote is wholly transparent (other futures brokerages often try to make the process obscure so as to avoid telling you the real cost of a trade, sadly). Add to this free trading platforms, personalized on-boarding (think: training) from a platform technician, and one-on-one support for all things trading-related. And the minimum account requirement is only $500.

Investment Options

Another thing we like about Optimus is that their account offerings range from individual and joint brokerage accounts to trusts and IRAs–and accounts are available to applicants from most countries. In other words, flexibility in self-managing a wide range of personalized portfolios. So if you’re searching for futures, forex, options (on futures), managed accounts, or automated systems, Optimus pretty much has them all.

Retirement Accounts (IRAs)

Some clients want to trade a portion of their IRA funds to seek enhanced growth. With Optimus Futures, a client can trade futures in a Traditional IRA, Rollover IRA, and Roth IRA.

Security and Fund protection

Optimus Futures LLC is a member of the National Futures Association (NFA ID 0481133) and registered with the CFTC. 

Your funds are also segregated at the Futures Commission Merchant (FCM). This means that your money is accessible to you and only you–it cannot be used to fund any of the FCM’s operations. Although this is required of all registered FCM’s in the U.S., it isn’t necessarily required of all financial institutions in the U.S. Also, futures brokerages in countries outside of the U.S. may or may not be required to segregate their client funds. A segregated fund policy is fundamental to keeping your money safe.

Customer Service

As we said earlier in this review, what really sets Optimus Futures apart from the competition is their customer service. Getting in touch with their highly trained staff is fast and easy, whether by phone, email, live chat, or live remote sessions. It’s easy to test this out for yourself. Just give them a call and you’ll see what we mean.

When you’re taking on the risks of trading in the futures market, it helps to know that there’s a broker and a firm ready and willing to help you whether you’re dealing with a trading-related problem, need help understanding the markets, or looking for ways (technology or ideas) to help level-up your skills. With Optimus Futures’ brokers, you’re not just dealing with a bunch of “salespeople” who know nothing about the markets. You’re actually in the hands of experts. And over time, especially when you really need it, that alone can pay you back in spades.

Final Thoughts

In the end, it’s all about achieving your trading goals, from having the right trading ideas to adopting the right technologies and managing your costs. Ultimately, quality trumps quantity, and as a futures trader, you’re probably well aware of this.

Our opinion is that Optimus Futures is dedicated to helping you find the right solutions, which is what a top-of-the-line brokerage is supposed to do. And if you’re looking for that kind of quality service, then Optimus comes highly recommended. Their long history in the industry and, more importantly, their stellar customer reviews have shown Optimus to be a consistent favorite among traders for over 15 years. And to that end, nothing’s changed.

Learn More at optimusfutures.com 

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results