Alpaca Trading vs Optimus Futures compared

Alpaca Trading
Optimus Futures
Key differences
We took 8 criteria of our comparison (fee, account opening, customer service, markets&product, research, trading platform, deposit&withdrawal) and listed the angles with the greatest difference here below.
  • Account opening score
    4.8
    /5
  • Customer service score
    3.7
    /5
  • Markets and products score
    2.6
    /5
  • Account opening score
    2.5
    /5
  • Customer service score
    5.0
    /5
  • Markets and products score
    1.5
    /5
Recommended for
  • Beginners
    4.4
    /5
  • Equity
    4.3
    /5
  • Investors and traders globally
You can open an account in United States
You can open an account in United States

Basic data of broker

Overall Score
4.7

Recommended for Traders interested in algorithmic stock trading

Overall Score
3.9

Recommended for Day traders focusing on futures and technical trading

Country of origin

USA

Country of origin

USA

Fees

Fees score
4.8
Fees score
4.8
Fees summary

Free stock and ETF trading, low non-trading fees

Fees summary

Low trading, but high non-trading fees

Stock and ETF fees

Forex fees

Fund fees

Bond fees

Options fees

Futures fees

Crypto fees

CFD fees

Non-trading fees

Deposit and withdrawal

Deposit and withdrawal score
1.8
Deposit and withdrawal score
1.1
Number of base currencies

1

Number of base currencies

1

Deposit type

Withdrawal type

Account opening

Account opening score
4.8
Account opening score
2.5
Account opening fully online
Account opening fully online
Minimum deposit
*

$0

*
Minimum deposit
*

$500

*
Time to open account

1 day

Time to open account

>3 days

Required documents

Social security number, other proof of residence

Required documents

Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill / driver's license / credit card statement

Trading platform

Web platform score
3.7
Web platform score
-
Mobile platform score
4.2
Mobile platform score
-
Desktop platform score
-
Desktop platform score
3.8

Markets and products

Markets and products score
2.6
Markets and products score
1.5
Stocks
*
*
Stocks
Fractional shares
*
*
Fractional shares
ETFs
*
*
ETFs
Forex
Forex
Funds
Funds
Bonds
Bonds
Options
Options
*
*
Futures
Futures
Crypto
Crypto
*
*
CFDs
CFDs

Research, education

Research score
5.0
Research score
4.3
Charting quality

Great

Charting quality

Great

Education score
5.0
Education score
4.0
Demo account
Demo account

Customer service

Customer service score
3.7
Customer service score
5.0
Phone
Phone
Live chat
Live chat
Email
Email
24/7 availability
24/7 availability

Security

Investor protection amount

$500,000 (securities up to $500,000, cash up to $250,000)

Investor protection amount

No protection

Banking background
Banking background
Listed on stock exchange
Listed on stock exchange
Foundation date

2015

Foundation date

2005

Country of regulation

USA

Country of regulation

USA

Alpaca Trading

For detailed information and hands-on experience, read our review of this broker.

Optimus Futures

For detailed information and hands-on experience, read our review of this broker.

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.

Alpaca Trading's service is slightly better than Optimus Futures's and a comparison of their fees shows that Alpaca Trading's fees are similar to Optimus Futures's.

Account opening takes less effort at Alpaca Trading compared to Optimus Futures, deposit and withdrawal processes are somewhat easier at Alpaca Trading, while customer service quality is lower than Optimus Futures's.

Our experts rated the trading platform of Alpaca Trading as somewhat better than the platform of Optimus Futures, found that clients have access to slightly more markets and products with Alpaca Trading, while Optimus Futures provides somewhat lower-quality research and education.

×