Optimus Futures Review
Optimus Futures is an Independent Introducing Broker that works with multiple Futures Clearing Merchants (FCMs) and clearing firms to provide you with easy access to the futures market. The broker provides educational resources and trading tools, while a customer support team is available to assist traders. Traders are offered multiple trading account options to choose from.
Optimus Futures Review, Pros & Cons
- Multiple powerful & sophisticated trading platforms
- Vast selection of educational resources
- Useful trading tools
- Excellent customer support
- Minimum $500 deposit
- Limited trading instruments compared to some other brokers
- Limited account funding methods
- Not the lowest commissions
In this detailed Optimus Futures review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Optimus Futures Overview
Located in Boca Raton, Florida, Optimus Futures is an established futures brokerage firm. The broker provides traders with various trading platforms, advanced technology, and knowledgeable customer support. They offer full services at discounted brokerage prices to help clients achieve their long-term trading goals. Traders benefit from some favourable trading conditions, such as competitive commissions, aggressive margins, multiple clearing firms, easy account transfer, and more.
Optimus Futures Regulation
Optimus Futures is an Independent Futures Trading IB (Introducing Broker) that provides customers with access to a wide variety of services and clearing firms. The broker has established relationships with multiple Futures Clearing Merchants (FCM’s) in order to give you the option to decide where you want to place your funds and which trading platform(s) and technology you prefer to use.
Please note that Optimus FX LLC is not an NFA Member or registered with the CFTC. Optimus Futures LLC is a member of the NFA and registered with CFTC.
Optimus Futures Countries
The broker accepts traders from different parts of the globe, provided that their respective countries of residence permit online futures trading with foreign brokers.
Some Optimus Futures features and products mentioned within this Optimus Futures review may not be available to traders from certain countries because of legal restrictions.
Optimus Futures Platforms
Optimus Futures maintains a wide selection of futures trading platforms to help you become an effective trader. The trading platforms include the following:
This is an all-in-one platform for trading Futures via any smartphone device, browser, or operating system (Windows, Mac, and Linux). The platform offers a variety of useful tools available with a click of the mouse. It offers users access to a flexible trading system with technical and fundamental analysis, market depth, and the support of all types of trading orders and execution modes.
The Tradestation platform offers electronic order execution that enables clients to design, test, optimize, monitor, and automate their custom futures trading strategies. TradeStation is one of the top-ranked futures trading platforms in the market, with more data, speed, and analytical power than even the most advanced futures traders would need. Additionally, you’ll get low pricing and knowledgeable, professional support.
Sierra Charts is a complete and professional trading platform that supports manual trading, automated trading, simulated trading, and highly customizable charting.
Other available alternative trading platforms are the Optimus Trader, MT4 Platform, TT Platform, Trading View, MultiCharts, MultiCharts.net, R-Trader, Firetip, ATAS, OEC Trader, iBroker, Bookmap, Jigsaw, CQG, Stock Sharp, InsideEdge, Investor RT, SmartQuant, QST, MotiveWave, Volfix.net, eSignal, AgenaTrader, OAK Trading Platform, and more.
Optimus Futures Trading Tools
The broker provides traders with some standalone trading tools that are designed to ensure they get an enhanced trading experience. These tools include automated trading systems, advanced charts, commission calculators, and more.
Optimus Futures Education
There are various educational resources on the broker’s website. They include Trading Blogs, Trading Podcasts, Futures Trading Community, Video Library, Webinars, an FAQ section, and more.
Optimus Futures Instruments
The broker offers futures trading on over 80 currency pairs and commodities.
Optimus Futures Accounts & Fees
Optimus Futures offers a variety of accounts to meet your investment needs: Individual, Joint (JTWROS & Tenants in Common), Corporate, LLC, Partnership, Trust, and Pension Plan Accounts. The typical minimum account size is between $500 and $2,500, depending on the chosen FCM.
As broker fees can vary and change, there may be additional fees that are not listed in this Optimus Futures review. It is imperative to ensure that you check and understand all of the latest information before you open an Optimus Futures broker account for online trading.
Optimus Futures Support
The broker provides traders with a professional customer support team that can be reached via telephone, email, Live Chat, online form, fax, and social media.
Optimus Futures Deposit & Withdrawal
The only acceptable methods of funding a futures trading account with Optimus Futures are through wire transfer, ACH deposit, or physical check.
Optimus Futures Account Opening
To open an account, click on the ‘Open Live Account’ button on the homepage and select an FCM to start your online application. You will receive funding instructions as soon as your application is approved. Once the funds are deposited, your account will be activated for Live Trading.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree with them.
Optimus Futures Summary
Optimus Futures is a futures brokerage firm that offers self-directed and automated futures trading to traders in over 40 countries. There are over 44 advanced trading platforms as well as useful trading and learning tools available on the broker’s website. Optimus Futures connects via 9 order routing data providers and offers 5 outstanding Futures Commission Merchants (FCM).
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. The risk of loss in trading commodity interests can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. The placement of contingent orders by you or broker, or trading advisor, such as a “stop-loss” or “stop-limit” order, will not necessarily limit your losses to the intended amounts, since market conditions may make it impossible to execute such orders. The high degree of leverage that is often obtainable in commodity interest trading can work against you as well as for you.