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 303,131 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

  #301 (permalink)
 
Daytrader999's Avatar
 Daytrader999 
Ilsede, Germany
Site Moderator
 
Experience: Advanced
Platform: NinjaTrader 8
Broker: Rithmic / CQG / Ninja Trader Brokerage
Trading: NQ
Posts: 1,525 since Sep 2011
Thanks Given: 2,067
Thanks Received: 2,315

...just for the records, the transfer of my funds from Mirus / Dorman has been completed by yesterday and I received my first account statement from Vision Financial Markets as well.

"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
Reply With Quote
The following 5 users say Thank You to Daytrader999 for this post:

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

  #302 (permalink)
 CapeDR 
Hamburg Germany
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Optimus/Rithmic
Trading: 6 iron
Posts: 10 since Sep 2012
Thanks Given: 37
Thanks Received: 23

I have never had a issue with Mirus. But after much consideration its time to move on. There solid reputation is gone. I got to say that I'm quiet disappointed with Mirus' unprofessional behavior.

The transition from Mirus to Optimus has occured without any problem. My questions have been answered promptly. Actually their response is really quick. Customer service seems to be a serious thread at Optimus. Once the new account was opened it took 4 business days to fund my account. (transition from Dorman to Optimus/Vision).
Now it's back to business.
Thanks and thumbs up to Matt and team for your great commitment.

Reply With Quote
The following 4 users say Thank You to CapeDR for this post:
  #303 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011


Rock on

Reply With Quote
  #304 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

Rock on

Reply With Quote
  #305 (permalink)
 
shodson's Avatar
 shodson 
OC, California, USA
Quantoholic
 
Experience: Advanced
Platform: IB/TWS, NinjaTrader, ToS
Broker: IB, ToS, Kinetick
Trading: stocks, options, futures, VIX
Posts: 1,976 since Jun 2009
Thanks Given: 533
Thanks Received: 3,709

Former Mirus customer here, looking for a new place to trade my automated futures account. I'm impressed with some of the endorsements here for Optimus. I just wanted to say I was impressed how they limit their margin a bit instead of trying to attract the "trade with your credit card" type of customers. Some of those customers just aren't worth having and dilute the ability of the company to provide quality customer service to more serious traders.

Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
The following 4 users say Thank You to shodson for this post:
  #306 (permalink)
 
mattz's Avatar
 mattz   is a Vendor
 
Posts: 2,493 since Sep 2010
Thanks Given: 2,440
Thanks Received: 3,789


shodson View Post
Former Mirus customer here, looking for a new place to trade my automated futures account. I'm impressed with some of the endorsements here for Optimus. I just wanted to say I was impressed how they limit their margin a bit instead of trying to attract the "trade with your credit card" type of customers. Some of those customers just aren't worth having and dilute the ability of the company to provide quality customer service to more serious traders.

@shodson. Thank you for the kind words and understanding. It has been an up hill battle to fight the "$300 margin" ads running all over. A customer is a long term investment, and sadly as an online broker (for the most part) we don't have a chance to give advice. Instead, we have decided to institute policies that are reasonable for broker and customers to maintain a long term relationship. Now, many brokers have started imitating our models as far as margin policies.

As far as you automated scripts, @OptimusJohn would help you import all your systems and help you place your systems in place. You can PM me or drop me an email.

It would be nice to have you on board, I have been reading your posts for years.

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 4 users say Thank You to mattz for this post:
  #307 (permalink)
pepelucho
portland, OR
 
Posts: 50 since Nov 2009
Thanks Given: 5
Thanks Received: 23

So I've been desperately trying to ride out the mirus / zenfire debacle since I've been traveling out of the country this past month. I tried giving mirus the benefit of the doubt but as of today my RCG account still hasn't been transferred and I still don't have new credentials for dorman. Soooo, time to start shopping around and Optimus seems like a good place to start.

I have a couple of questions,

1. What are their margins for day trading CL (no overnight positions) ?
2. I do automated trading with Ninjatrader and I know some places you have to pay an extra fee per trade for using the static DOM in NT, is this the case for Optimus ?

Thanks in advance for any replies.
-pepe

Reply With Quote
The following user says Thank You to pepelucho for this post:
  #308 (permalink)
 
mattz's Avatar
 mattz   is a Vendor
 
Posts: 2,493 since Sep 2010
Thanks Given: 2,440
Thanks Received: 3,789


pepelucho View Post
1. What are their margins for day trading CL (no overnight positions) ?
2. I do automated trading with Ninjatrader and I know some places you have to pay an extra fee per trade for using the static DOM in NT, is this the case for Optimus ?

Thanks in advance for any replies.
-pepe

@pepelucho As a standard we provide down to 20% of the margin on the oil.
So for oil the margin now is 3,740 (Jan 27,2014) at 20% the margin would be $748 for day trading.
TT charges 20 RT cents and some incorporate in the commissions or charge it on top.
We work it via the platforms, so in the case of Ninja, we buy the TT credits for you and debit it from the account or direct you to buy it from Ninja directly.

I hope this helps.

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
  #309 (permalink)
 smalltrader35 
Europe
 
Experience: Advanced
Platform: Multicharts
Broker: Mirus
Posts: 43 since May 2010
Thanks Given: 2
Thanks Received: 12

Question for you,

Does Optimus allow multiple connections to the same account using Rithmic data via Ninja? I use several virtual machines with Ninja (VMware). Will I be able to connect to Rithmic via Ninja on each of the virtual machines simultaneously aswell as the host physical pc or pc's?

Thx

Reply With Quote
The following user says Thank You to smalltrader35 for this post:
  #310 (permalink)
 
mattz's Avatar
 mattz   is a Vendor
 
Posts: 2,493 since Sep 2010
Thanks Given: 2,440
Thanks Received: 3,789



smalltrader35 View Post
Question for you,

Does Optimus allow multiple connections to the same account using Rithmic data via Ninja? I use several virtual machines with Ninja (VMware). Will I be able to connect to Rithmic via Ninja on each of the virtual machines simultaneously aswell as the host physical pc or pc's?

Thx

Hello @ smalltrader35,

Yes, we allow multiple connections to your Rithmic account via one account or sub accounts.
You have to check with Ninja how many machines you can run at the same time.

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





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