Summary

Recommended for day traders focusing on futures and technical trading

Optimus Futures is a US-based company that provides numerous trading platforms (40+) with advanced research tools. The company was founded in 2005. It is regulated by the US National Futures Association (NFA).

Optimus Futures is an introducing broker of six futures commission merchants (FCMs), which are basically brokers providing futures trading services. The introducing broker status means that your assets and cash are held with the FCMs, but the platform, fees, and customer support are provided by Optimus Futures.

The six FCMs you can select when using Optimus Futures are the following: AMP, Ironbeam, ADM Investor, GAIN Capital (brand name of City Index and Forex.com), TradeStation and Wedbush.

We tested Optimus Futures's Optimus Flow trading platform and brokerage services through an account opened with AMP as an FCM provider. AMP is a global broker, regulated by the US Commodities Futures Trading Commission (CFTC) and the NFA.

Overall Rating
4.0
Fees
4.8
Account opening
2.8
Deposit and withdrawal
1.1
Trading platform
3.5
Markets and products
1.5
Research
4.3
Customer service
4.5
Education
4.0

Optimus Futures pros and cons

Optimus Futures's futures trading fees are one of the lowest among its competitors and there is also no inactivity fee. The desktop platform and research tools are great and meet the needs of experienced traders. Lastly, customer service gives helpful and quick answers.

On the negative side, Optimus Futures's withdrawal fees are high. For Optimus Flow, there is no mobile trading platform, while the desktop platform is available only for Windows. The product portfolio covers only futures and options on futures.

Pros Cons
Low trading fees High withdrawal fee
Great platform and research No mobile app, desktop app only for Windows
Fast customer service Only futures and options on futures
Optimus Futures main features and highlights
🗺️ Country of regulation USA
💰 Trading fees class Low
💰 Inactivity fee charged No
💰 Withdrawal fee amount $30
💰 Minimum deposit $500
🕖 Time to open an account >3 days
💳 Deposit with bank card Not available
👛 Depositing with electronic wallet Not available
💱 Number of base currencies supported 1
🎮 Demo account provided Yes
🛍️ Products offered Options, Futures, Crypto

Author of this review

Ádám Nasli

Author of this review

Ádám is a motivated finance expert with over two years of experience in banking and investment, and a professional degree in this field. He's eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible.

Ádám Nasli

Broker Expert

Ádám is a motivated finance expert with over two years of experience in banking and investment, and a professional degree in this field. He's eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

Optimus Futures review
Fees

4.8
To find out more about its trading and non-trading fees, visit Optimus Futures

or
Compare to its best reviewed alternative: NinjaTrader
Optimus Futures has low trading fees and average non-trading fees. It is positive that there is no inactivity fee, but the withdrawal fee is high.
Pros Cons
Low trading fees Withdrawal fee
No inactivity fee
Low financing rate
Optimus Futures fees snapshot
Assets Fee level Fee terms
US stock - Not available
EURUSD - Not available
Mutual fund - Not available
Inactivity fee Low No inactivity fee

How we ranked fees

We ranked Optimus Futures' fee levels as low, average or high based on how they compare to those of all reviewed brokers.

First, let's go over some basic terms related to broker fees. What you need to keep an eye on are trading fees and non-trading fees.

In the sections below, you will find the most relevant fees of Optimus Futures for each asset class. For example, in the case of stock investing the most important fees are commissions.

We also compared Optimus Futures' fees with those of two similar brokers we selected, NinjaTrader and Interactive Brokers. This selection is based on objective factors such as products offered, client profile, fee structure, etc. See a more detailed rundown of Optimus Futures alternatives.

To have a clear overview of Optimus Futures, let's start with the trading fees.

Optimus Futures trading fees

Optimus Futures trading fees are low if you trade frequently, but above average in the case of low trade volumes.

Optimus Flow has three account license plans you can choose from. Trading fees are the same across all licenses.

Futures fees

Optimus Futures has low futures fees.

Optimus Futures stock index futures commission of 10 contracts
  Optimus Futures NinjaTrader Interactive Brokers
US micro e-mini stock index futures $5.0 $3.5 $2.5
UK stock index futures $5.0 $12.9 $22.1
German e-mini stock index futures - $12.9 $9.6

The commission will not exceed $0.50 per side even if you trade only low volumes, but clients who meet daily volume thresholds can qualify for even lower fees, with discounted commissions as low as $0.10 per trade.

Futures trading commissions
Average daily contracts Commission per trade
0-20 contracts $0.50
21-100 contracts $0.40
101-500 contracts $0.30
501-1,000 contracts $0.20
1,000< contracts $0.10

On top of trading commissions, there are three more fee elements:

  1. Order routing fee: it can be up to $0.50 per trade depending on the FCM trading platform you use.
  2. Exchange/clearing & NFA Fees: it varies depending on exchanges and products. For the most popular Micro E-mini and E-mini futures, it is $0.20 and $1.23 per trade per contract, respectively.
  3. Market Data: the data fee for CME markets is $10 per month for non-professional traders.

Optimus Futures also provides options on futures. Options fees are the same as those for simple futures contracts.

Crypto fees

Optimus Futures offers trading of Bitcoin futures, using the same fee structure as for other futures products. The exchange fee for Bitcoin futures is $5.00 per trade per contract on the CME and $0.55 per trade per contract on the CFE.

Non-trading fees

Optimus Futures has average non-trading fees. There is no inactivity fee and deposits are also free. On the other hand, wire withdrawals come with a high $30 fee per transaction.

Depending on which platform you use, you might have to pay an account fee. For example, the Optimus Flow platform offers three different license types that all have different trading tools and account pricing.

Optimus Futures non-trading fees
  Optimus Futures NinjaTrader Interactive Brokers
Account fee No No No
Inactivity fee No Yes Yes
Deposit fee $0 $0 $0
Withdrawal fee $30 $40 $0

Optimus Futures review
Account opening

2.8
To experience the account opening process, visit Optimus Futures

or
Compare to its best reviewed alternative: NinjaTrader
Optimus Futures's account opening is fully digital and the minimum deposit is not excessive. However, account verification can take quite long, and the whole process is a bit complicated.
Pros Cons
Fully digital Slow
Low minimum deposit Not user-friendly
Many account types

Can you open an account?

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In this review, we tested an Optimus Futures account through the AMP futures commission merchant (FCM). AMP accepts clients from all over the world.

What is the minimum deposit at Optimus Futures?

The required Optimus Futures minimum deposit is $500 if you use AMP as your FCM. Other FCMs require a higher minimum deposit:

  • Ironbeam, GAIN Capital - $2,000 for standard contracts and $500 for E-mini futures
  • TradeStation, Wedbush- $5,000 
  • ADM Investor services - $10,000

Optimus Flow licenses

Optimus Flow, Optimus Futures's trading platform, has three account license plans, 'DayTrader', 'Professional' or 'All-in-One', differing in price and functionality.

Optimus Flow licenses
  DayTrader Professional All-in-One
Monthly fee $0 $20* $40**
Essential features (basic chart tools live data, market depth, etc.) Yes Yes Yes
DOM surface, Volume analysis, TPO profile chart No Yes Yes
Advanced features, Power trades, Options trading, Commission rebates No No Yes

* first 2 months are free

** first 4 months are free

In this review, we tested the DayTrader license of Optimus Flow.

Account types

Optimus Futures provides different account types based on ownership:

  • Individual - account is owned by an individual
  • Joint - account is owned by two or more individuals
  • Corporate / LLC / Partnership - account is owned by a legal entity

US customers can also select IRA accounts, which is a tax-advantaged account.

How to open your account

The opening of an Optimus Futures account via AMP is fully digital. However, the approval of the account is rather slow; it took us 5 business days.

Also, the account opening process is complicated, as it takes a lot of steps to open your account with Optimus Futures.

The first step is to select an FCM (futures commission merchant), a brokerage house that will clear your futures trades. We picked AMP as it's the most promoted FCM on Optimus Futures and has the lowest minimum deposit requirement. Optionally, you can reach out to the company's experts via customer service to help you pick the most suitable FCM. After you have selected an FCM, you need to go through its account application.

AMP's account application consists of the following steps:

  1. Enter basic personal data, such as name, email, phone number, country of residence.
  2. Select the account type and accept the risk disclosure statement.
  3. Provide additional information about the account holder, like username or password.
  4. Add more personal information, such as phone number, date of birth, address, etc.
  5. Answer a few questions about your financial status, like net income or net worth.
  6. Answer questions about your investment experience.
  7. Accept disclosure statements.
  8. Upload proof of identity and proof of residence.

Once you have completed all these steps, you will receive a confirmation email with your credentials.

Optimus Futures review - Account opening

Optimus Futures review
Deposit and withdrawal

1.1
To find out more about the deposit and withdrawal process, visit Optimus Futures

or
Compare to its best reviewed alternative: NinjaTrader
Optimus Futures offers reasonably quick withdrawals, but the positives end there, as wire withdrawals are expensive and you can't use credit/debit cards for deposit or withdrawal.
Pros Cons
No deposit fee Credit/Debit card not available
Quick deposit and withdrawal - within 3 days High withdrawal fee
Not user-friendly

Account base currencies

At Optimus Futures, the only available base currency is USD.

Base currencies at Optimus Futures vs similar brokers
  Optimus Futures NinjaTrader Interactive Brokers
Number of base currencies 1 3 22

This selection compares poorly with the company's closest competitors.

If you have a personal bank account in a currency other than USD, then you will be charged a conversion fee.

A convenient way to save on currency conversion fees is by opening a multi-currency bank account at a digital bank. These usually offer bank accounts in several currencies with great currency exchange rates, as well as free or cheap international bank transfers. Opening an account only takes a few minutes on your phone.

Compare digital banks

Deposit fees and options

Optimus Futures doesn't charge any deposit fees. However, your intermediary bank might charge a fee if you make an international bank transfer.

US residents can use checks and ACH to deposit.

Optimus Futures deposit options
  Optimus Futures NinjaTrader Interactive Brokers
Bank transfer Yes Yes Yes
Credit/debit card No No No
Electronic wallets No No No

A bank transfer can take several business days, while payment with a credit/debit card would be instant.

You can only deposit money from accounts that are in your name.

Optimus Futures review - Deposit and withdrawal - Deposit

Optimus Futures withdrawal fees and options

The Optimus Futures wire withdrawal fee is $30. As with deposits, US customers can also use ACH and checks. ACH withdrawals are free of charge.

Optimus Futures withdrawal fees and options
  Optimus Futures NinjaTrader Interactive Brokers
Bank transfer Yes Yes Yes
Credit/debit card No No No
Electronic wallets No No No
Withdrawal fee $30 $40 $0

How long does it take to withdraw money from Optimus Futures? We tested wire withdrawal and it took 3 business days.

You can only withdraw money to accounts that are in your name.

How do you withdraw money from Optimus Futures?

  • Log into AMP's account
  • Click on 'Banking' and select 'Withdraw Request'
  • Add your location and the withdrawal method
  • Enter the withdrawal amount and the details of your bank

Compare to other brokers

Optimus Futures review
Web trading platform

To try the web trading platform yourself, visit Optimus Futures

or
Compare to its best reviewed alternative: NinjaTrader
At the time of our review, Optimus Futures offered only a desktop version of the Optimus Flow platform. Please note though that Optimus Futures has a wide selection (40+) of futures trading platforms with mobile and web/cloud-based versions.
Optimus Futures platforms to choose from
Trading platform Score Available
Web - No
Mobile - No
Desktop 3.8 stars Yes

Visit broker

Optimus Futures review
Mobile trading platform

At the time of our review, Optimus Futures offered only a desktop version of the Optimus Flow platform. Please note though that Optimus Futures has a wide selection (40+) of futures trading platforms with mobile and web/cloud-based versions.

Visit broker

Optimus Futures review
Desktop trading platform

3.8
To try the desktop trading platform yourself, visit Optimus Futures

or
Compare to its best reviewed alternative: NinjaTrader
Optimus Futures's desktop platform is highly customizable and has many advanced features to assit futures trading, but it might feel complicated at first and also lacks two-step login.
Pros Cons
Clear fee report No two-step (safer) login
Good customizability (for charts, workspace) Slightly complicated interface
Good variety of order types

In this review, we tested the Optimus Flow desktop trading platform, as it is one of Optimus Futures's own trading platforms and has no monthly fee. If, however, you feel that it doesn't suit your needs, you can choose from more than 40 other trading platforms, including TradeStation's platforms. Many of these platforms charge a monthly fee, though.

The Optimus Flow desktop trading platform is available only in English.

Look and feel

The Optimus Flow desktop trading platform might be too complex for beginners, but for advanced users it's a well-designed system. Day-traders who take their trading cues from charts will especially like Optimus Flow.

The desktop platform is highly customizable and there are tons of apps and add-ons to personalize your workspace.

The functionality of the platform depends on the license you choose:

  • Day Trader is a free licence, but it has only limited tools, such as some basic chart tools and basic technical indicators.
  • The Professional license also includes some advanced tools, such as DOM surface or volume analysis.
  • The All-in-One license has the most advanced tools among the three plans, including advanced charts or options trading.

To see the full list of functionalities, click here.

Optimus Futures review - Desktop trading platform

Login and security

Optimus Flow provides only one-step login. Two-step authentication would be more secure.

The first time you want to use your account, you have to log in with your username and password and also set your credentials for the connection. You can set the credentials if you click 'Connections' and select 'Configure'.

Each time you log in, you have to choose your data provider and choose whether you want to access your demo account or your real account(s). Once it's activated - marked in green as 'Connected' - you'll be able to see your positions and account balance, and can start trading.

Search functions

The platform's search functions work well. There are multiple ways to find an asset to trade.

To help you decide whether you found the correct product, there is a 'symbol info' panel that gives you a detailed overview of the product.

The front month for all futures and options products is placed on top of the search result list. You can also do a manual search by browsing various categories, although this requires some prior knowledge of exchanges' product offerings and the symbols of various products.

Optimus Futures review - Desktop trading platform - Search

Placing orders

Optimus Flow has many order types, including some more sophisticated ones:

  • Market
  • Limit
  • Stop
  • Stop Limit
  • Trailing Stop
  • Market if touched
  • Limit if touched

If you are not familiar with the basic order types, read this overview.

There are also order time limits you can use:

  • Day
  • Fill or Kill (FOK)
  • Immediate or Cancel (IOC)
  • Good 'til Canceled (GTC)
Optimus Futures review - Desktop trading platform - Order panel

Alerts and notifications

You can set alerts and notifications (such as price alerts) on the desktop trading platform. Alerts are also available for demo accounts.

Portfolio and fee reports

Optimus Futures has clear portfolio and fee reports under the 'Trades' info panel.

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Optimus Futures review
Markets and products

1.5
To dig even deeper in markets and products, visit Optimus Futures

or
Compare to its best reviewed alternative: NinjaTrader
At Optimus Futures (using Optimus Flow), you can trade only futures and options on futures. Other popular asset classes such as real stocks or ETFs are not available.

This selection is not significantly different from that of competing futures-oriented brokers.

Optimus Futures asset classes
  Optimus Futures NinjaTrader Interactive Brokers
Stock No No Yes
ETF No No Yes
Forex No No Yes
Fund No No Yes
Bond No No Yes
Options Yes Yes Yes
Futures Yes Yes Yes
CFD No No Yes
Crypto Yes Yes Yes

Futures

You can trade futures on an impressive number of futures and options markets.

Optimus Futures futures selection
  Optimus Futures NinjaTrader Interactive Brokers
Futures markets (#) 13 7 32

The following exchanges are available for futures trading:

  • CBOT - Chicago Board of Trade
  • CFE - Cboe Futures Exchange
  • CME - Chicago Mercantile Exchange
  • EUREX - futures and options market dealing primarily with Europe-based derivatives
  • LME - London Metal Exchange
  • ICE - Intercontinental Exchange
  • KCBT - Kansas City Board of Trade
  • NYMEX - New York Mercantile Exchange
  • COMEX - Commodity Exchange Inc.
  • NYSE LIFFE - the global derivatives business of NYSE Euronext
  • MGEX - Minneapolis Grain Exchange 
  • SGX - Singapore Exchange
  • ASX - Australian Securities Exchange 

The CME, CBOT, NYMEX and COMEX exchanges are part of the CME group. Eurex is part of the Eurex Group and is owned by Deutsche Börse AG.

Options

Optimus Flow also gives access to several options markets. In these markets, you can trade only options on futures.

Optimus Futures options selection
  Optimus Futures NinjaTrader Interactive Brokers
Options markets (#) 13 4 33

Options on futures trading is possible on the following exchanges and with the following products:

  • CBOT: financial, treasury, Micro E-mini and Mini index, Mini Agricultural
  • CFE: VIX and Bitcoin futures
  • CME: equity indexes, Bitcoin, interest rates, commodities, FX
  • EUREX: EU interest rates, EU equity indexes
  • LIFFE: equity indexes, commodities, interest rates, fixed income
  • ICE: FX, soft commodities, equity indexes, energy
  • KCBT: commodities
  • NYMEX: energy, soft commodities, 
  • COMEX: metals
  • NYSE LIFFE: metals, equity indexes

You can also trade MGEX, SGX, and ASX products at Optimus Futures.

Cryptos

Bitcoin futures is also available to trade on the following markets:

  • CFE
  • CME

This selection is not the most impressive, as competing brokers typically have a wider crypto offering.

The UK's Financial Conduct Authority FCA banned the sale of crypto-derivatives to UK retail consumers from 6 January 2021.

Optimus Futures also offers a social trading service via WorldCupAdvisor accounts.

Optimus Futures review
Research

4.3
To check the available research tools and assets, visit Optimus Futures

or
Compare to its best reviewed alternative: NinjaTrader
Optimus Flow has great research tools and special features for technical trading. Charts are advanced yet easy to use and come with many indicators.
Pros Cons
Good interactive chart No trading ideas
Good set of analytical tools

Just like for the desktop trading platform, we tested the research tools on Optimus Flow.

Charting

Optimus Futures has great charting tools. You can use 85 technical indicators.

The chart editor tools are also very advanced and customizable.

Optimus Futures review - Research - Charting

Other research tools you may enjoy

Depending on which license you use, you can have a wide range of tools at your disposal.

A) Day Trader license

  • Live market data and quotes (includes level2 data)
  • Charts
  • Time and tick chart aggregations
  • Standard and custom timeframes
  • Settings backup manager
  • Historical symbols
  • Basic chart drawing tools
  • Basic technical indicators (40+). Two indicators per single chart.
  • Market depth
  • DOM trader
  • Time & sales
  • Exchange times
  • Stat matrix
  • RSS reader
  • Algo extension for Visual Studio
  • Access via API
  • Order Flow Surface

B) Professional license

  • DOM Surface - Track all liquidity changes in the order book as well as the trading activity of participants via the Heatmap view
  • Volume Analysis - Find strong price levels with volumetric tools and identify reliable price zones and liquidity patterns such as absorption, exhaustion, and pullbacks
  • TPO Profile Chart - See the price distribution during a specified time via the TPO profile and understand at which levels the price has spent the most time

C) All-in-One license

  • Advanced Features - Advanced chart types: Renko, Kagi, P&F and Heikin-Ashi, Unlimited Overlays, Unlimited Indicators
  • Power Trades - Detect execution of a large number of orders in a very short time and catch the price change
  • Options Trading - Tools for creating and analyzing option trading strategies or profiles, as well as option Greeks. Includes Option Desk, Options Analyzer, Working orders and Positions (real and paper)
Optimus Futures review - Research - DOM surface
Optimus Futures review - Research - TPO Chart

Trading ideas

Optimus Futures does not provide trading ideas. However, it has a podcast and video section and also some articles on general trading ideas, setups, and best practices.

Fundamental data

As Optimus Futures's main focus is technical trading, it doesn't provide any fundamental data.

Compare research pros and cons

Optimus Futures review
Customer service

4.5
To find customer service contact information details, visit Optimus Futures

or
Compare to its best reviewed alternative: NinjaTrader
Optimus Futures's customer service is exceptionally good - both fast and helpful - across multiple platforms, and includes unique features such as a support forum.
Pros Cons
Phone support No 24/7 support
Live chat
Fast response time
Relevant answers

You can contact Optimus Futures via:

  • live chat
  • phone
  • email
  • support forum

Optimus Futures has a speedy live chat. It's a great plus that the first questions and answers are automated, navigating you to the relevant person who will then answer your actual questions. We were satisfied with the quality of the answers we got.

Optimus Futures phone support was also great, providing us with relevant answers.

Via email, we likewise received helpful answers, while turnaround was quick.

Lastly, there is an active support forum, where you can interact with other users and Optimus Futures's support team.

The only thing we missed was 24/7 availability.

Optimus Futures review - Customer Service

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Optimus Futures review
Education

4.0
To check the available education material and assets, visit Optimus Futures

or
Compare to its best reviewed alternative: NinjaTrader
Optimus Futures has great education tools. There is a well-structured video library on its YouTube channel, and you can also use a demo account.
Pros Cons
Demo account None
Trading platform tutorial
Educational videos

At Optimus Futures, you can learn in the following ways:

  • Demo account
  • Platform tutorial videos
  • General educational videos
  • Quality educational articles

As Optimus Futures is an introducing broker, it offers several trading platforms. Instead of embedding hundreds of tutorial videos on the website, Optimus Futures has created a well-structured and organized video library on its YouTube channel.

Optimus Futures also offers a demo account, which we think is the best way to get familiar with the platform. You can also use a 'Simulated trading' feature, where all market prices and conditions are simulated. It's useful both for learning and for testing new trading concepts.

There is also a webinar section on the website; however, we found no upcoming webinars upon repeated visits to the website, suggesting that such events are likely not held very frequently.

Optimus Futures review - Education

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Optimus Futures review
Safety

To find out more about safety and regulation, visit Optimus Futures

or
Compare to its best reviewed alternative: NinjaTrader
Optimus Futures is an introducing broker of FCMs, which hold your assets and cash and are regulated by top-tier financial authorities. On the flip side, Optimus Futures doesn't disclose its financials.
Pros Cons
Majority of clients belong to a top-tier financial authority No investor protection
No negative balance protection
Does not hold a banking license

Is Optimus Futures regulated?

Optimus Futures is registered with the National Futures Association (NFA), which allows it to provide introducing broker services for futures commission merchants (FCMs) such as AMP, TradeStation or Wedbush. These companies are all regulated by at least one top-tier financial authority, such as the US Commodity Futures Trading Commission (CFTC) or the UK Financial Conduct Authority (FCA).

What does Optimus Futures's introducing broker status mean? It means that your assets and cash are held at FCMs, like AMP, but the platform, fee structure, and customer support are provided by Optimus Futures.

Is Optimus Futures safe?

To be certain if a brokerage is safe, we highly advise that you check two facts:

  • how you are protected if something goes wrong
  • what the background of the broker is

How you are protected

To check who the relevant regulator is for you, we recommend that you check the background of the FCM where your assets and cash are held, as Optimus Futures is only an introducing broker.

In this review, we tested Optimus Futures's Optimus Flow platform through an account opened with AMP. In this case, AMP would be the entity holding your assets and cash. AMP is regulated by the top-tier US CFTC.

We recommend Optimus Futures' services for experienced traders because futures trading is not covered by investor protection schemes. In addition, there's no negative balance protection. If the balance on your account goes negative, you will be responsible for replenishing those losses.

Background

Optimus Futures was established in 2005. The longer track record a broker has, the more proof we have that it has successfully weathered previous financial crises.

Find your safe broker

Optimus Futures review
Bottom line

Visit Optimus Futures if you are looking for further details and information

or
Compare to its best reviewed alternative: NinjaTrader

Optimus Futures's Optimus Flow is a great platform for futures and options trading.

On the plus side, we liked its low trading commissions. Its advanced trading platform is great for experienced futures and options traders. Optimus Futures has great customer service including an active user forum, as well as some niche educational materials.

Optimus Futures has some drawbacks, though. Withdrawal fees are high, at $30 per transaction in most cases. For Optimus Flow, there is no mobile platform and the desktop platform is available only for Windows. Lastly, the product portfolio covers only futures and options on futures, meaning that Optimus Futures is unlikely to appeal to those looking to assemble a diverse investment portfolio.

Still, as there is a free demo account that you can open in a few minutes, you should feel free to try Optimus Flow.

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