Optimus Futures logo

Scam

Score

5.0

Optimus Futures

United States

5-10 years, Suspicious Regulatory License, Self-developed, Global Business

Score

5.0

Regulation

0.00

License

7.0

Business

3.0

Software

6.0

Risk Control

4.0

5.0

Scam

Licenses

United States flag NFA Unverified
United States -

Basic Information

Registered Region

United States

Contact Number

Operating Period

5-10 years

Company Website

https://optimusfutures.com/

Optimus Futures is a brokerage firm that caters to traders with its wide range of account types, including individual, joint, retirement, company, LLC, partnership, and trust accounts. Traders can choose the account type that suits their needs and preferences. The company offers competitive pricing, ensuring that traders can access favorable trading conditions. With multiple trading platforms available, including popular options like Rithmic, CQG, Firetip, and TradeStation, traders have the flexibility to choose the platform that best aligns with their trading strategies.

One notable advantage of Optimus Futures is its extensive educational resources,traders can benefit from various educational materials. Additionally, the company provides multiple customer support channels, such as phone, email, and live chat, ensuring efficient assistance for traders whenever they need it.

While Optimus Futures has positives, there are a few considerations to keep in mind. The uncertainty surrounding their trading license raises concerns about trust and security for some traders. Additionally, commissions are required for trading, which adds to the overall trading costs. Furthermore, the company has a higher minimum deposit requirement, which may pose challenges for beginners or traders with limited funds.

 

 

 

Optimus Futures Basic Information
Registered Country/Area United States
Regulation NFA Suspicious Clone
Minimum Deposit $500
Spreads $0.25 per side on micros, $0.75 per side on standard contracts
Trading Platforms Rithmic, CQG, Firetip, TradeStation and more
Tradable Assets Futures contracts
Account Types Individual, Joint, IRA, Corporate, LLC, Partnership, Trust
Demo Account Available
Customer Support Phone, Email, Live Chat
Payment Methods Wire transfer, ACH transfer, checks
Educational Tools Available

 

Is Optimus Futures legit or a scam?
Optimus Futures claims to be regulated by the National Futures Association (NFA) in the United States, with a regulatory license number of 0481133. However, it is important to note that there are concerns regarding the authenticity of this license. Some sources suggest that the license number may be a clone or a duplicate of another license.

 

Pros and Cons

 

Pros

 

Diverse Account Types

Competitive Pricing

Variety of Trading Platforms

Extensive Educational Resources

Multiple Customer Support Channels (phone, email, live chat)

Wide Range of Trading Tools

 

Cons

 

Uncertainty Regarding Trading License

Commissions Required

Higher Minimum Deposit Requirement

 

Market Instruments
Optimus Futures offers a range of trading products, including Micro Futures, that cover various market sectors such as equity indices, Bitcoin, energy, treasuries, currencies, and Ethereum. These Micro Futures contracts are designed to provide individual traders with access to these markets at a fraction of the cost, making futures trading more accessible and affordable.

In addition to the innovative Micro Futures, their platform introduces a range of unique opportunities to explore and capitalize on market movements. One fascinating offering is the event-based contracts, which provide traders with smaller-sized, daily expiring products. These contracts allow traders to express their views on the price direction of key futures markets by the end of each trading session. For those seeking the freedom of self-directed online trading, Optimus Futures provides a platform that allows traders to trade futures online at discounted rates.

 

Account Types
At Optimus Futures, you have the option to open the following types of accounts:

Individual Account: Designed for individual traders, allowing for individual management and control of the account.

Joint Account: Suitable for multiple individuals to jointly manage and control the account.

Individual Retirement Account (IRA): Specifically for individual retirement accounts, offering tax advantages for retirement savings.

Superannuation Account: Designed for the Australian superannuation plan.

Corporate Account: Suitable for companies or corporate entities to establish a trading account.

Limited Liability Company (LLC) Account: Intended for trading accounts of limited liability companies.

Partnership Account: Designed for partnership businesses to set up a trading account.

Trust Account: Applicable for trust funds or trustee accounts.

Each type of account has its own features and eligibility criteria. You can choose the most suitable account type based on your needs and circumstances to open a trading account with Optimus Futures.

 

Spreads & Commissions (Trading Fees)
Optimus Futures offers competitive pricing for all day traders, with spreads and commissions that vary depending on the trading accounts. For micro contracts, the spread is as low as $0.25 per side. This makes micro futures an attractive option for traders looking to minimize costs while still accessing the futures market. On the other hand, for standard contracts, the spread is as low as $0.75 per side, providing traders with favorable pricing for their trading activities.

 

Trading Platform
Optimus Futures offers a diverse selection of trading platforms for users to choose from. In addition to their proprietary platforms, Optimus Flow and Optimus Trader, users can also explore a variety of third-party platforms, including Firetip, TT® Platform, MT5 Platform, TradingView, TradeStation (Desktop, Web & Mobile), MultiCharts, MultiCharts.NET, Sierra Chart, R | Trader Pro, ATAS, GAIN Trader, and many others. Each platform boasts unique features and capabilities, allowing traders to personalize their trading experience based on their preferences and strategies.

 

Deposit & Withdrawal
To initiate your trading journey with Optimus Futures, a minimum deposit is required. The minimum amount to open an account is $500. However, it’s important to note that different minimum account balances are needed to place trades based on the specific contract sizes:

Nanos: To trade Nanos contracts, a minimum account balance of $100 is required.

Micros: For Micros contracts, a minimum account balance of $500 is needed.

E-Minis: Trading E-Minis contracts requires a minimum account balance of $2000.

These minimum account balances ensure that you have sufficient funds in your account to support trading activities. It’s worth noting that the minimums vary based on the contract size, reflecting the different levels of investment and risk associated with each type of contract.

 

Customer Support
Optimus Futures provides diverse customer support to assist traders at every stage of their journey. Whether you have general questions, need guidance on opening an account, require assistance with trading activities, or seek platform guides, you can fine related information on the official website.

New Brokers

WikiFX is a leading forex information service platform

Trade With a Reputable Broker

Start trading with ICM Capital

Smart trading for smart traders

Empower Your Trading Journey with Expert Guidance and Advanced Tools

We are here to help people achieve their ambitions in the right way