Optimus Futures Reviews 2023: Features, Cost & Alternatives
Optimus Futures is a widely-trusted futures trading platform based in the United States. Users like them for their low fees, some of the lowest among other trading platforms, including the fact that they don’t charge an inactivity fee, though their withdrawal fees are a little high.
Some of their other strong suits include a quality desktop platform, a customer support team, and research materials, all of which support the futures trading of advanced users.
Optimus Futures Advantages
Let’s take a look at some of the main advantages of using Optimus Futures compared to other trading platforms.
No-Limit Simulated Trading
Something we found while completing this Optimus Futures review is that they support unlimited simulated trading. This means you can test out and practice your trading strategies risk-free in a demo account first without putting your actual capital at risk.
Low Trading Fees
Another positive that users find from using Optimus Futures to stay active in the futures market is their favorable trading fees. Plus, they don’t charge a fee for inactivity, which many other trading platforms charge.
Excellent Technical Support
One of the best advantages of Optimus Futures is the quality support that futures traders can receive from the customer service team. They are prompt with their responses, and multiple customer reviews point to this as a positive of the platform.
Low Account Minimums, Commissions & Margins
On the accounts Optimus Futures offers, they don’t require high account minimums to get started, in addition to the low trading fees that we’ve already discussed. This makes it easy for users to get started in the platform, even if they don’t have a ton of capital backing them.
Optimus Futures Features & Prices
To continue our Optimus Futures review, we will now take a look at some of the main features and pricing of the platform.
Optimus Futures Trading Platform
Users can access the platform for free by signing up for an account and will pay a fee per contract. Every account also includes a free trading journal, real-time news subscription and alerts, real-time quotes, and charts data, low-day trading margins, and a 24-hour trade desk access.
Commissions & Fees
They charge competitive pricing for all-day traders, which is currently $0.25 per side on micros, and $0.75 per side on standard contracts. These fees can be reduced depending on the user’s daily trading volume. So, high-volume traders can really save here.
Optimus Futures Quick Overview
Best Overall Value
- Competitive rates on trading fees
- A great desktop platform for futures traders
- Excellent customer service
Optimus Futures Customer Reviews
Taking a look at the customer reviews of Optimus Futures on TrustPilot, we can see they have a pretty good rating, but not too many reviews yet. Let’s take a look at what some users have to say about Optimus Futures.
I’ve used Optimus for over a year now and am extremely happy with the charting software as well as the order entry. The support is top-notch and any question I have is answered directly or via the forum. I used to trade on TT and was able to style the DOM exactly like the TT DOM which I love. Traded live and demo through Optimus and always have quick execution with no lag.
Ben
Tried to open account in that company. They opened account and closed it when I started to ask technical questions about things I should know and they should tell me without any problems.
Dmitry
Best futures broker hands down! Excellent support from Jake and Matt. Always there to help. They support a lot of FCMs and do everything they can to get you up and running asap! Also, their in-house trading platform is better than everything I’ve seen before. My broker of choice from now on. Thanks guys!
Jerry
I can say that Optimus Futures offers a top service and has very fair fees. The website is also very good. I can definitely recommend the broker.
Maik
Optimus Futures Review
Review of Optimus Futures
Overall Pricing and Value | 97.5%
| 97.5% |
Cost Value | 100%
| 100% |
Customer Support | 100%
| 100% |
Ease of Use | 95%
| 95% |
Included Features | 95%
| 95% |
We will now take a final look at Optimus Futures to help you determine if it’s a good fit for your trading goals and needs.
Is Optimus Futures Right For You?
If you want a platform to trade futures with that offers great tools, helpful customer service, and a quality desktop platform, Optimus Futures could be a great fit for you.
Cost Value
With excellent trading and inactivity fees as well, they are very competitive on the cost front. The only place that users point to as being less-than-ideal is the higher withdrawal fees.
Customer Service
As we discussed throughout this Optimus Futures review, they have a great customer service team that offers prompt and quality support to users. In addition, there is a support forum that users can access for additional questions and answers from the community.
Ease of Use
The platform is easy to use and gets started given the helpful features and tools available to users. With sufficient support for both retail traders and beginners, Optimus Futures is a versatile option for many types of users.
Included Features
There are many great features included on Optimus Futures, especially for experienced traders who can benefit from the technical analysis tools like accurate tick data, Optimus Flow, indicators, and futures and options products included in the platform. For beginners, the demo account and other features are helpful.
Overall
Both beginners and seasoned traders alike can benefit from using Optimus Futures, especially those like day trader who trades frequently and can benefit from the low trading fees and the wide range of futures products available on the platform.
2 Top Optimus Futures Alternatives
eToro | Interactive Brokers | Optimus Futures | |
Award | Best for Copy Trading | Best for Advanced Users | Best for Futures Trading |
Rating | 4.8/5 | 4.7/5 | 4.9/5 |
Detail | Read Review | Read Review | Read Review |
Link |
eToro
eToro is a broker that traders can utilize to access financial markets. They are particularly known for their copy-trading functionality, which allows users to copy the successful trades of experienced users. In addition, their intuitive interface makes it easy to use for traders at any level.
Interactive Brokers
Interactive Brokers is a widely-used broker, which supports many different tradeable assets on their platform. They offer competitive fees and are typically used by more advanced traders. Other advantages of the platform include research and education materials, a great fee structure, the number of available securities, and more.
Conclusion
From this Optimus Futures review, you can see that this is a great platform for futures and options trade execution given their competitive fee and day trading margins structure, great research and educational materials, and quality desktop platform for traders to utilize.
Optimus Futures is regulated in the United States since that is where it is based.
These are both regulatory bodies that cover the US futures market and commodity exchange.
Yes, it does.