Optimus Futures, founded in 2004, is a famous futures trading broker that offers standard and micro trading contracts on various instruments. This award-winning broker is the based in United States and allows traders to use its all-in-one trading platform to buy and sell various assets.
Optimus Futures provides 20 different micro futures contracts, including E-mini, Oil, metals, Bitcoin, Forex, and treasury yields. in this Optimus Futures review, we'll explore why this firm has garnered attention as one of the best futures trading brokers in the industry.
Optimus Futures General Information and Regulation
Optimus Futures, an independent introducing broker headquartered in Boca Raton, Florida, was established with a clear mission to nurture traders by offering advanced technology and friendly, knowledgeable support. This philosophy, championed by founder Matt Zimberg, has been the driving force behind the company's growth and reputation in the futures trading industry.
Key aspects of Optimus Futures' company profile include:
- Regulatory Compliance: Optimus Futures is licensed and regulated by the National Futures Association (NFA) and the Commodity Futures Trading Commission (CFTC), ensuring a secure and compliant trading environment.
- Clearing Arrangements: The firm has partnerships with several of the world's largest futures clearing merchants (FCMs), providing clients with robust financial backing.
- Transparency: The company prides itself on honest practices and encourages clients to conduct due diligence on its ethical standards, longevity, and technical proficiency.
- Full-Service at Discount Prices: Optimus Futures aims to provide comprehensive services while maintaining competitive pricing to support traders' long-term goals.
Optimus Futures Broker Specification Summary
Optimus Futures stands out in the crowded futures brokerage landscape with its comprehensive suite of services tailored to meet the diverse needs of futures traders. Here's a detailed summary of what sets Optimus Futures apart:
Broker | Optimus Futures |
Account Types | Individual, joint, corporate, IRA, superannuation, LLC, Trust, Partnership |
Regulating Authorities | NFA, CFTC |
Based Currencies | USD |
Minimum Deposit | $500 |
Deposit Methods | Checks, bank wire, ACH |
Withdrawal Methods | Bank transfer |
Minimum Order | N/A |
Maximum Leverage | 1:400 |
Investment Options | Copy trading, Social trading |
Trading Platforms & Apps | Optimus Flow, Optimus Web, TradingView, MT5, etc. |
Markets | Forex, metals, crypto, indices, stocks, commodities |
Spread | No |
Commission | Starting from $0.25 |
Orders Execution | N/A |
Margin Call/Stop Out | N/A |
Trading Features | Demo account |
Affiliate Program | Yes |
Bonus & Promotions | NO |
Islamic Account | NO |
PAMM Account | NO |
Customer Support Ways | Email, phone, ticket, social media |
Customer Support Hours | Monday to Friday 7 am to 6 pm |
Restricted Countries | Iran, North Korea, Iraq, Cuba, Lebonan, and more |
Optimus Futures Different Types of Accounts
Optimus Futures caters to a wide range of traders by offering various account types to suit different needs and legal structures. This flexibility ensures that whether you're an individual trader or representing a larger entity, you can find an account type that fits your requirements.
The account types offered by Optimus Futures include:
- Individual Accounts
- Joint Accounts
- IRA Accounts
- Corporate Accounts
- LLC Accounts
- Partnership Accounts
- Trust Accounts
Key features of Optimus Futures accounts:
- Minimum Initial Deposit: $500 for Micros, $2,000 for E-Minis or standard contracts
- Fund Safety: Proper segregation of client funds
- Withdrawal Policy: Clients can withdraw funds anytime when there are no open positions
- Market Access: Access to micro futures and global markets
Optimus Futures Strengths and Weaknesses
When considering Optimus Futures as your broker, it's crucial to weigh both the advantages and disadvantages. Here's a balanced overview:
Advantages | Disadvantages |
High liquidity in major markets | High risk of liquidation due to leverage |
Low fees starting from $0.25 per side | Complex for beginner traders |
Regulated by CFTC and NFA | |
Various support channels | |
Various trading platforms |
Optimus Futures Signing Up & Verification Guide
Getting started with Optimus Futures is designed to be a straightforward process, allowing traders to begin their futures trading journey quickly and efficiently. Here's a step-by-step guide to signing up and verifying your account:
- Enter the Optimus Futures website and click on āGet Started;ā
- Choose āopen an account,ā then enter your email and create a password;
- Choose account type and trading objective;
- Enter your personal information to create an account;
- Enter your ID number and upload necessary documents (including proof of ID and proof of address documents).
Optimus Futures Platforms
Optimus Futures distinguishes itself by offering a diverse array of trading platforms to cater to various trading styles and preferences. This flexibility ensures that traders can find the perfect tool to execute their strategies effectively. Here's an overview of the key available platforms.
Optimus Flow
Optimus flow is the main trading platform for Optimus Futures broker. Here are some of its key features:
- Proprietary platform
- Advanced charting capabilities
- Order flow analysis tools
- Customizable workspaces
Optimus Web
Optimus Web is browser-based trading platform with various benefits, but it comes with a cost. Optimus web key points:
- Browser-based platform
- User-friendly interface
- Accessible from any device with internet connection
- 99 monthly subscription fee
TradingView
TradingView is one of the most well-known trading platforms for futures traders. Key features of this platform include:
- Popular third-party charting and social trading platform
- Extensive technical analysis tools
- Large community of traders for idea-sharing
Other Supported Platforms
Itās worth mentioning that Optimus Futures also supports other trading platforms, including:
- Sierra Chart
- Bookmap
- ATAS (Advanced Trading Analysis Software)
- MetaTrader 5
- R Trader Pro
- TrendSpider
- And more
Optimus Futures' commitment to providing a range of powerful yet accessible trading tools combined with competitive pricing makes it an attractive choice for futures traders at all levels of experience.
Fees and Commissions on Optimus Futures
Optimus Futures has positioned itself as a competitive player in the futures brokerage market with its attractive commission structure and low-cost trading environment. Here's a detailed look at their volume-based commissions:
Daily Volume (Contracts) | Micros commission (per side) | Futures commission (per side) |
0-20 | $0.25 | $0.75 |
21-100 | $0.20 | $0.50 |
101-500 | $0.15 | $0.25 |
501-1000 | $0.10 | $0.20 |
Over 1000 | $0.05 | $0.10 |
Itās good to mention that some of Optimus Futures platforms has associated costs and traders must factor that before joining this broker.
The minimum deposit at Optimus Futures is $500 for Micros and $2,000 for E-minis/standard contracts. Withdrawals usually take several days and incur over $20$ fees.
Deposit & Withdrawal in Optimus Futures
Itās time to go through deposit and withdrawals in our Optimus Futures review. Optimus Futures only allows ACH and bank transfers for deposit and withdrawals. This is a major downside, especially for traders who only use credit/debit cards and electronic wallets to transfer funds in and out of their brokers.
Optimus Futures minimum deposit is $500 for Micros and $2,000 for E-minis/standard contracts. Withdrawal times usually takes several days and have over 20$ fees.
Investment Options Offered on Optimus Futures Broker
Optimus Futures provides a range of investment options, including the increasingly popular social trading feature. Here's an overview of the copy trading and investment options available:
- Allows investors to automatically replicate trades of successful traders
- Provides access to experienced traders' strategies without extensive knowledge
Benefits of Copy Trading:
- Leverage the expertise of successful traders
- Automate trading process
- Diversify investment across multiple traders
- Potential cost savings compared to traditional fund management
- Learning opportunity for novice traders
Optimus Futures Markets & Symbols
Optimus Futures provides traders with access to a wide array of futures markets across various asset classes. Here's an overview of the tradable markets and symbols available:
- Equity Index Futures: E-mini S&P 500, E-mini Nasdaq-100, E-mini Dow
- Interest Rate Futures: Treasury Bonds, Eurodollar
- Currency Futures: Euro FX, Japanese Yen, British Pound
- Energy Futures: Crude Oil, Natural Gas, Gasoline
- Metals Futures: Gold, Silver, Copper
- Bitcoin Futures
Optimus Futures' extensive range of tradable markets and symbols, coupled with their advanced trading tools and competitive pricing, provides traders with ample opportunities to diversify their portfolios and implement various trading strategies across global futures markets.
Optimus Futures Bonuses
Unlike many brokers in the industry, Optimus Futures takes a different approach when it comes to attracting and retaining clients. They don't rely on flashy bonuses or promotional gimmicks to lure traders. This strategy aligns with their commitment to helping traders succeed based on skill and knowledge rather than short-term incentives.
Optimus Futures Broker Support Channels
One area where Optimus Futures truly shines is in its customer support. They offer multiple channels of assistance to ensure that traders can get help whenever they need it:
- Email Support: support@optimusfutures.com
- Phone Support: 800-771-6748 or 561-367-8686 to speak with a representative
- Live Chat: Get immediate assistance through their website
- Remote Desktop Support: Download an application for secure, hands-on technical support
Additionally, Optimus Futures maintains an active community forum where traders can discuss strategies and get advice from both the technical team and fellow traders.
Optimus Futures Restricted Regions and Countries
While Optimus Futures welcomes clients from around the globe, it's important to note that certain restrictions may apply depending on your location.
The company is licensed and regulated by the NFA and CFTC, which provides strong protection for clients' funds. However, specific country restrictions may exist due to regulatory requirements.
If you're interested in opening an account with Optimus Futures, it's best to contact their team directly and ask about eligibility.
Optimus Futures Trust Scores
Trust is paramount in the world of financial services, and Optimus Futures has earned a strong reputation among its clients. According to Trustpilot, a leading consumer review website, Optimus Futures has received an impressive average rating of 4.5 out of 5 stars from over 60 reviews.
This high trust score reflects Optimus Futures' commitment to providing a superior trading experience for novice and experienced traders.
Optimus Futures Education Resources
Optimus Futures stands out in the industry for its comprehensive educational resources. They understand that informed traders are successful traders, and they've invested heavily in creating a robust educational ecosystem:
- Blog: Regular articles on trading strategies, platform guides, and market analysis
- Trading Community: A forum where traders can interact, share insights, and learn from each other
- Video Tutorials: Covering both basic and advanced features of their trading platforms
- Podcast: Hosted by the company's president, discussing practical trading tips and strategies
- Guides: In-depth resources on various aspects of futures trading
By offering these diverse educational resources, Optimus Futures ensures that traders have access to the knowledge and tools they need in the fast-paced futures markets.
TF Expert Suggestion
Since 2004, Optimus Future has been a strong contender in the futures trading landscape. With its focus on education, robust support system, and commitment to transparency, it's clear why many traders choose this platform.
While it may not offer flashy bonuses, the value it provides through competitive pricing, advanced tools, and comprehensive resources more than makes up for it.
Whether you're a seasoned trader looking for a reliable platform or a newcomer seeking guidance in the world of futures trading, Optimus Futures offers a compelling package. If you have any questions regarding this broker, leave them in the comments section and we will respond as quickly as possible.