Overview of Optimus Futures fees and charges

It's safe to say that Optimus Futures's fees are low in general. They either don't charge a brokerage fee for things other brokers do charge for, or they only charge a small amount. This means that you can use Optimus Futures even in case you trade frequently like multiple times a week or daily.

Here's a high level overview of Optimus Futures's fees

Optimus Futures Fees snapshot
Assets Fee level Fee terms
US stock fee - Not available
EURUSD fee - Not available
US tech fund fee - Not available
Inactivity fee Low No inactivity fee

Optimus Futures fees
Optimus Futures fees explained

Online brokerages in general charge much lower brokerage fees than traditional brokerages do - this is largely due to the fact that online brokerages' businesses can be much better scaled: From a purely technical standpoint it doesn't make that much of a difference for them if they have 100 or 5000 clients.

This is not to say however that they don't have any fees at all. They make money by charging you at various events for various rates. Usually you need to keep an eye on these 3 types of fees:

  • Trading fees - these are brokerage fees that you pay when you actually do a trade, i.e. buying an Apple stock or an ETF. What you pay is either a commission, a spread or financing rate. Some brokers apply all of these.
    • A commission is either based on the traded volume or it is fixed.
    • A spread is the difference between the buy price and the sell price
    • Financing rate or overnight rate is charged when you hold your leveraged positions for more than one day.
  • Non-trading fees. These occur related to some operations you make in your account, i.e. depositing money to your account, withdrawing money from it or not trading for an extended amount of time.

We compare Optimus Futures fees with its closest competitors, NinjaTrader and Interactive Brokers.

Optimus Futures fees
Optimus Futures trading fees

Optimus Futures's trading fees are low which makes it suitable for you even if you trade often (i.e. multiple times a week).

Let's break down the trading fees into the different asset classes available at Optimus Futures.

Trading fees

Optimus Futures's trading fees are low.

Options fees

Optimus Futures's options fees are .

Stock index options fees of 10 contracts
Optimus Futures NinjaTrader Interactive Brokers
US stock index options - - $6.5
UK stock index options - - $23.8
German stock index options - - $20.4

Futures fees

Optimus Futures's futures fees are low.

Stock index futures fee 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 $23.8
German e-mini stock index futures - $12.9 $9.6

Financing rates

Optimus Futures financing rates are .

If you want to trade on margin and prefer to hold your positions long, financing costs can be significant.

Optimus Futures yearly financing rates
Optimus Futures NinjaTrader Interactive Brokers
Apple CFD financing rate - - 1.6%
Vodafone CFD financing rate - - 1.5%
EURUSD financing rate - - 1.6%
EURGBP financing rate - - 1.6%

Optimus Futures fees
Optimus Futures non-trading fees

When it comes to looking at all the non-trading fees Optimus Futures is an average broker. This means that some of the non-trading fees are high, but the others are low or not charged at all.

Non-trading fees include various brokerage fees and charges at Optimus Futures that you pay not related to buying and selling assets. Among some others, typical non trading fees are withdrawal fee, deposit fee, inactivity fee and account fee.

A high level overview of how Optimus Futures stacks up in non-trading fees
Optimus Futures NinjaTrader Interactive Brokers
Withdrawal fee $30 $40 $0
Deposit fee $0 $0 $0
Inactivity fee No Yes No
Account fee No No No

Optimus Futures fees
Optimus Futures deposit fee

Deposit fees are applied when you send money to your trading account from your bank account. Usually brokers don't charge money for that and Optimus Futures is not different: you will see the exact same amount on your brokerage account that you sent by any of the deposit methods Optimus Futures offers.

Optimus Futures deposit methods
Optimus Futures NinjaTrader Interactive Brokers
Bank transfer Yes Yes Yes
Credit/debit card No No No
Electronic wallets No No No
Deposit fee $0 $0 $0

Optimus Futures fees
Optimus Futures withdrawal fee

Unfortunately, quite like the majority of the online brokers we have reviewed Optimus Futures does charge a withdrawal fee of $30 for the bank transfer. This means that you need to pay this amount of money when you transfer your money back to your bank account. It's up to you to decide whether this is a high amount or not as it's dependent mostly on the size of the transferred amount.

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

Optimus Futures fees
Optimus Futures inactivity fee

Optimus Futures does not apply an inactivity fee which is great because your account will not be charged even if you do not trade for a longer time period (months or years).

Author of this article

Gergely Korpos

Author of this article

Gergely is the co-founder and CPO of BrokerChooser. His aim is to make personal investing crystal clear for everybody. Gergely has 10 years of experience in the financial markets. He concluded thousands of trades as a commodity trader and equity portfolio manager.

Gergely Korpos

Co-founder, CPO

Gergely is the co-founder and CPO of BrokerChooser. His aim is to make personal investing crystal clear for everybody. Gergely has 10 years of experience in the financial markets. He concluded thousands of trades as a commodity trader and equity portfolio manager.

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

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