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Optimus Futures trading broker review
Started:July 18th, 2010 (09:49 PM) by Zoethecus Views / Replies:111,421 / 554
Last Reply:November 13th, 2016 (09:25 PM) Attachments:12

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Optimus Futures trading broker review

Old March 9th, 2012, 01:01 PM   #111 (permalink)
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New York, NY
 
Futures Experience: Advanced
Platform: Trade Navigator, CQG, Tradestation, Ninja, Interactive Brokers
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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.

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Old March 9th, 2012, 05:35 PM   #112 (permalink)
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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.

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Old March 9th, 2012, 07:28 PM   #113 (permalink)
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Boca Raton
 
Futures Experience: Advanced
Platform: Variety
Broker/Data: Optimus Futures, LLC
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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.

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.
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Old March 12th, 2012, 09:04 PM   #114 (permalink)
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Los Angeles, CA
 
Futures Experience: Advanced
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Broker/Data: Tradestation
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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.

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Old March 12th, 2012, 09:20 PM   #115 (permalink)
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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

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Old March 13th, 2012, 12:14 AM   #116 (permalink)
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@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!"
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Old March 13th, 2012, 12:21 AM   #117 (permalink)
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Futures Experience: Advanced
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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

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.
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Old March 21st, 2012, 10:07 PM   #118 (permalink)
Trading Apprentice
New York, NY USA
 
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Posts: 11 since Mar 2012
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Mattz - rithmic rocks

@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!

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Old March 22nd, 2012, 11:20 AM   #119 (permalink)
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Boca Raton
 
Futures Experience: Advanced
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Broker/Data: Optimus Futures, LLC
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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

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.

Last edited by mattz; March 22nd, 2012 at 11:25 AM.
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Old April 6th, 2012, 09:15 PM   #120 (permalink)
Identify Evaluate Execute
Mercer Island WA
 
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Ninjatrader OCO treatment



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


Last edited by djkiwi; April 6th, 2012 at 09:28 PM.
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