NexusFi: Find Your Edge


Home Menu

 





Optimus Futures trading broker review


Discussion in Brokers

Updated
      Top Posters
    1. looks_one mattz with 213 posts (303 thanks)
    2. looks_two Big Mike with 20 posts (27 thanks)
    3. looks_3 lancelottrader with 18 posts (66 thanks)
    4. looks_4 paulg with 14 posts (2 thanks)
      Best Posters
    1. looks_one lancelottrader with 3.7 thanks per post
    2. looks_two Daytrader999 with 2.2 thanks per post
    3. looks_3 mattz with 1.4 thanks per post
    4. looks_4 Big Mike with 1.4 thanks per post
    1. trending_up 303,073 views
    2. thumb_up 983 thanks given
    3. group 162 followers
    1. forum 668 posts
    2. attach_file 14 attachments




 
Search this Thread

Optimus Futures trading broker review

  #111 (permalink)
 pinto552 
New York, NY
 
Experience: Advanced
Platform: Trade Navigator, CQG, Tradestation, Ninja, Interactive Brokers
Trading: Futures
Posts: 10 since May 2011
Thanks Given: 121
Thanks Received: 7

I've been "around the block" a few times and from my experience Rithmic is the way to go. Add that to Optimus and you have a winning solution. Matt and his staff are simply the best, from my experience. Matt was very helpfull in getting me up and running Rithmic using Trade Navigator by Genesis. Even though it is not a widely used platform in this forum.The stability and fills via Rithmic are as good if not the best I've had experience with. I will say my experience with Rithmic is limited to US futures. I would be curious to hear of others experience using Rithmic with products such as Equities.

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
ZombieSqueeze
Platforms and Indicators
Request for MACD with option to use different MAs for fa …
NinjaTrader
NexusFi Journal Challenge - April 2024
Feedback and Announcements
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Retail Trading As An Industry
67 thanks
NexusFi site changelog and issues/problem reporting
47 thanks
Battlestations: Show us your trading desks!
43 thanks
GFIs1 1 DAX trade per day journal
32 thanks
What percentage per day is possible? [Poll]
31 thanks

  #112 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,322 since Jun 2009
Thanks Given: 33,143
Thanks Received: 101,476


pinto552 View Post
I would be curious to hear of others experience using Rithmic with products such as Equities.

Optimus and Rithmic are futures only.

IQFeed is a good choice for equities if you need a lot of backfill and top quality data, and your broker doesn't supply it.

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
The following 2 users say Thank You to Big Mike for this post:
  #113 (permalink)
 
mattz's Avatar
 mattz   is a Vendor
 
Posts: 2,493 since Sep 2010
Thanks Given: 2,440
Thanks Received: 3,789



pinto552 View Post
I've been "around the block" a few times and from my experience Rithmic is the way to go. Add that to Optimus and you have a winning solution. Matt and his staff are simply the best, from my experience. Matt was very helpfull in getting me up and running Rithmic using Trade Navigator by Genesis. Even though it is not a widely used platform in this forum.The stability and fills via Rithmic are as good if not the best I've had experience with. I will say my experience with Rithmic is limited to US futures. I would be curious to hear of others experience using Rithmic with products such as Equities.

I appreciate the good words! you gave me a good idea where I would make a very comprehensive list of Rithmic and the platforms it supports while also providing demo for them.

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email [email protected]
Reply With Quote
The following user says Thank You to mattz for this post:
  #114 (permalink)
 guppy 
Los Angeles, CA
 
Experience: Advanced
Platform: Tradestation
Broker: Tradestation
Trading: ES,HG,GC,YM,Nq,RB,NG
Posts: 52 since Aug 2011
Thanks Given: 11
Thanks Received: 8

Made the move to Optimus and Rithmic and Multicharts. Rithmic is by far the fastest within multicharts compared to others ive used in the past. Optimus has great customer serivice with Matt and Jennifer. Add iqfeed if you want long historical data and you got youself a good system imho.

Reply With Quote
The following user says Thank You to guppy for this post:
  #115 (permalink)
 
sharky's Avatar
 sharky 
MIAMI,FL
Legendary Market Wizard
 
Experience: Advanced
Platform: NinjaTrader, tradingview
Broker: Private
Trading: Crypto and natural gas
Posts: 1,063 since Jun 2009
Thanks Given: 625
Thanks Received: 3,906

i had optimus for a couple of months,i never had time to trade that account but matt was very helpful and when i told him to put the money back in my bank and close the account he did so that very day.i was really impressed with optimus and will open another account with this this summer when i have some time for me...Sharky

KILLING THE MARKETS DAILY
Visit my NexusFi Trade Journal Reply With Quote
The following user says Thank You to sharky for this post:
  #116 (permalink)
 
ThatManFromTexas's Avatar
 ThatManFromTexas 
Houston,Tx
 
Experience: Advanced
Platform: NinjaTrader
Broker: Mirus Futures/Zen-Fire
Trading: TF
Posts: 2,265 since Feb 2010
Thanks Given: 1,206
Thanks Received: 4,348

@mattz

I have read through this thread and visited your website and Vision Financials website.

If I understood your website correctly your "Day Trading Margin" for the emini's is 50% of the overnight margins;

Instrument.......Overnight Margin......IntraDay Margin

TF............................$7,535...................$3,768

ES............................$5,000...................$2,500

NQ............................$3,500...................$1,750

YM............................$3,750...................$1,875



Is that correct?

I'm just a simple man trading a simple plan.

My daddy always said, "Every day above ground is a good day!"
Reply With Quote
  #117 (permalink)
 
mattz's Avatar
 mattz   is a Vendor
 
Posts: 2,493 since Sep 2010
Thanks Given: 2,440
Thanks Received: 3,789


ThatManFromTexas View Post
@mattz

I have read through this thread and visited your website and Vision Financials website.

If I understood your website correctly your "Day Trading Margin" for the emini's is 50% of the overnight margins;

Instrument.......Overnight Margin......IntraDay Margin

TF............................$7,535...................$3,768

ES............................$5,000...................$2,500

NQ............................$3,500...................$1,750

YM............................$3,750...................$1,875



Is that correct?

Hello TMFT,

Thank you for the question. The 50% margin is a default margin for day trading as given to everyone.
However, we can reduce the margin down to 20% if necessary and requested.

Matt

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email [email protected]
Reply With Quote
The following 2 users say Thank You to mattz for this post:
  #118 (permalink)
MooneyNYG
New York, NY USA
 
Posts: 11 since Mar 2012
Thanks Given: 4
Thanks Received: 6

@mattz, i have been using rithmic for long time. i can not believe how little the traders out there know about it. i see you are really active on this forum, letting the trader know about rithmic. way to go, keep up the good work!

Reply With Quote
  #119 (permalink)
 
mattz's Avatar
 mattz   is a Vendor
 
Posts: 2,493 since Sep 2010
Thanks Given: 2,440
Thanks Received: 3,789


MooneyNYG View Post
@ mattz, i have been using rithmic for long time. i can not believe how little the traders out there know about it. i see you are really active on this forum, letting the trader know about rithmic. way to go, keep up the good work!

Thank you for your kind words of encouragement. We are now upgrading internally with new software package that would help customers with specific requests. The idea is to seperate technical and admin, anyway....this is the 3rd upgrade this year LOL
Once We implement that we are going to make more efforts to expose Rithmic, ie advertising. To be honest, your kindness in sharing the Rithmic info with other traders is the best ad! I wish you well in your trading.

Matt

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email [email protected]
Reply With Quote
  #120 (permalink)
 
djkiwi's Avatar
 djkiwi 
Mercer Island WA
 
Experience: Advanced
Platform: Ninjatrader/Strategy Desk
Broker: Various
Trading: TF/NQ/ES/Stocks
Posts: 561 since May 2010
Thanks Given: 981
Thanks Received: 1,558



lancelottrader View Post
Then about two weeks ago, I sent Matt an e-mail asking a few questions about using the R trader to monitor my trades on Ninja (in the event of a disconnection....OCO orders on Ninja won't function). He called me back..explained how to accomplish that and spent over an hour on the phone with me.

Hi Lance, Thanks for posting that point as this issue is very important to me in broker selection. Have you had an experience when you were in a trade and either Ninjatrader or your feed went down but when you reviewed your positions on the Optimus system the stops were still intact?

Also if you put a trade through Ninja can you then login to the optimus system and check that the trade has been actioned on their end as well in real time?

Thanks in advance
DJ

Reply With Quote





Last Updated on February 22, 2022


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts