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Optimus Futures trading broker review
Started:July 18th, 2010 (09:49 PM) by Zoethecus Views / Replies:111,504 / 554
Last Reply:November 13th, 2016 (09:25 PM) Attachments:12

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Optimus Futures trading broker review

Old July 3rd, 2014, 10:46 PM   #361 (permalink)
Elite Member
Los Angeles, CA
 
Futures Experience: Advanced
Platform: Tradestation
Broker/Data: Tradestation
Favorite Futures: ES,HG,GC,YM,Nq,RB,NG
 
Posts: 52 since Aug 2011
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mattz View Post
We are not going to enter the “Commissions War”. Period! We have always provided our customers with very reasonable commissions the minute we entered the game of discount and online trading. Those who provided what we consider almost breakeven prices have either gone out of business and/or turned from FCM’s to IBs, IIBs to GIBs or a similar path of self-destruction – all in the name of “lowest commissions”. Our inspiration does not come from those brokers that just offer the lowest prices but rather those that have constantly evolved in the industry by introducing new technology while maintaining and growing their client base.


Matt,

This wasnt intended as a comment to you. You already provide discount commissions. This was more in essence to FCMs that charge well over priced compared to ninja and other ibs like you, more relevant to to tradestation, thinkorswim etc...In the end competative rates brings the rates down for consumers....you wouldnt only want one choice of a cellphone carrier or airline...just allows them to jack up the price....you know how that goes.

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Old July 3rd, 2014, 11:06 PM   #362 (permalink)
Elite Member
Las Vegas, NV
 
Futures Experience: Intermediate
Platform: Sierra Chart
Broker/Data: Optimus/Rithmic
Favorite Futures: es
 
Posts: 35 since Aug 2010
Thanks: 19 given, 57 received

I can understand Ninja wanting to expand its business but what I don’t understand is the way they are treating prior partners like Optimus. Ray appears to be a straight-forward individual and he did stress that nothing will change for those already with another broker. However, this seems like an attempt to cushion some of the initial negative reaction but the fact remains that he has slammed the door in the face of his more loyal partners such as Matt. I wish Ninja the best but, as far as I am concerned, providing lower commissions can never replace the high quality service that Matt offers and which is certainly rare in the business world...And yes, Matt offers very reasonable commissions.

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Old July 3rd, 2014, 11:22 PM   #363 (permalink)
Elite Member
Boca Raton
 
Futures Experience: Advanced
Platform: Variety
Broker/Data: Optimus Futures, LLC
Favorite Futures: Futures
 
mattz's Avatar
 
Posts: 1,817 since Sep 2010
Thanks: 1,738 given, 2,455 received



guppy View Post
Matt,

This wasnt intended as a comment to you. You already provide discount commissions. This was more in essence to FCMs that charge well over priced compared to ninja and other ibs like you, more relevant to to tradestation, thinkorswim etc...In the end competative rates brings the rates down for consumers....you wouldnt only want one choice of a cellphone carrier or airline...just allows them to jack up the price....you know how that goes.

I see what you mean.

If you look at the landscape of online brokers, those of who have the higher relative commissions are the ones who have the most capitalized traders. TS, ToS,IB, etc Their technology advancements along their support brings them successful traders who demand reasonable commissions, not the lowest of the low. Also, they don't allow aggressive margins and low account minimums.

if you looking to replace TS, look at MultuiChart. I think we can get you good commissions and Rithmic as a data feed. No recurring platforms fees, etc.

Lastly, we always try our best to make sure you are able to execute your trades without having commissions as a burden to your strategies. Commissions can't "eat" into your account to the level where you don't stand a chance to make money. We get that. We will be fair, because we look at you as a long term asset and not an expiring option.

Matt

PS. As far as cell phones..You cant move me from Sprint. I was in Costa Rica in the Jungle, the phone still rang.

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 July 3rd, 2014, 11:33 PM   #364 (permalink)
Elite Member
Dallas
 
Futures Experience: Intermediate
Platform: ThinkorSwim, Ninjatrader, Multicharts
Broker/Data: Thinkorswim, Ninjatrader Brokerage
 
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Posts: 135 since Nov 2010
Thanks: 124 given, 100 received

multicharts or sierra( with a small monthly fee) is the best option.

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Old July 3rd, 2014, 11:35 PM   #365 (permalink)
Elite Member
Boca Raton
 
Futures Experience: Advanced
Platform: Variety
Broker/Data: Optimus Futures, LLC
Favorite Futures: Futures
 
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Posts: 1,817 since Sep 2010
Thanks: 1,738 given, 2,455 received

Futures Edge on FIO

sctrader View Post
I can understand Ninja wanting to expand its business but what I don’t understand is the way they are treating prior partners like Optimus. Ray appears to be a straight-forward individual and he did stress that nothing will change for those already with another broker. However, this seems like an attempt to cushion some of the initial negative reaction but the fact remains that he has slammed the door in the face of his more loyal partners such as Matt. I wish Ninja the best but, as far as I am concerned, providing lower commissions can never replace the high quality service that Matt offers and which is certainly rare in the business world...And yes, Matt offers very reasonable commissions.

I appreciate your kind words. I am glad that d marketing webinars don't soften your belief system.

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; July 4th, 2014 at 08:01 AM.
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Old July 3rd, 2014, 11:38 PM   #366 (permalink)
Elite Member
Boca Raton
 
Futures Experience: Advanced
Platform: Variety
Broker/Data: Optimus Futures, LLC
Favorite Futures: Futures
 
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Posts: 1,817 since Sep 2010
Thanks: 1,738 given, 2,455 received


optionzen View Post
multicharts or sierra( with a small monthly fee) is the best option.

Just as an FYI, SC package 5 is $27.5 for Optimus, and our Rithmic includes historical bid/ask.
Will explore with MC what we can do.

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 July 3rd, 2014, 11:48 PM   #367 (permalink)
Elite Member
Dallas
 
Futures Experience: Intermediate
Platform: ThinkorSwim, Ninjatrader, Multicharts
Broker/Data: Thinkorswim, Ninjatrader Brokerage
 
optionzen's Avatar
 
Posts: 135 since Nov 2010
Thanks: 124 given, 100 received

Matt may be your firm can work out a deal with multicharts for special pricing? ?

Sent from my SAMSUNG-SGH-I337 using Tapatalk

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Old July 3rd, 2014, 11:58 PM   #368 (permalink)
Elite Member
Boca Raton
 
Futures Experience: Advanced
Platform: Variety
Broker/Data: Optimus Futures, LLC
Favorite Futures: Futures
 
mattz's Avatar
 
Posts: 1,817 since Sep 2010
Thanks: 1,738 given, 2,455 received


optionzen View Post
Matt may be your firm can work out a deal with multicharts for special pricing? ?

Sent from my SAMSUNG-SGH-I337 using Tapatalk

Will talk to Dennis about it. Most likely will have updates next week.

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 July 4th, 2014, 12:24 AM   #369 (permalink)
Elite Member
Manila, Philippines
 
Futures Experience: Beginner
Platform: CQG,Bookmap,Sierra Chart
Broker/Data: CQG
Favorite Futures: BUND
 
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Posts: 52 since Apr 2014
Thanks: 46 given, 17 received


sctrader View Post
I can understand Ninja wanting to expand its business but what I don’t understand is the way they are treating prior partners like Optimus. Ray appears to be a straight-forward individual and he did stress that nothing will change for those already with another broker. However, this seems like an attempt to cushion some of the initial negative reaction but the fact remains that he has slammed the door in the face of his more loyal partners such as Matt. I wish Ninja the best but, as far as I am concerned, providing lower commissions can never replace the high quality service that Matt offers and which is certainly rare in the business world...And yes, Matt offers very reasonable commissions.

right on. my first reaction on the news was "WHY?!". Ninja is an excellent platform but there is a conflict of interest going on with Ninja and the FCMs/brokers. i am not saying that Ninja is arrogant because almost MOST of the people trading futures are using their platform (including me) but their actions kinda shows it. because there are already a LOT of automated systems and indicators created with Ninja makes it harder for users to leave that platform. maybe that made them think to put up a brokerage service and add more revenue to the company. at least that's what i think it might be.

as with Optimus, i had no problem with them. they are an excellent bunch of brokers ready to help you out. i have experienced this myself. and Ninja should rethink their decision and business model with the introduction of it's brokerage service. they may lose and gain loyalty in the process but i don't know.

Just my 2 cents.

"You are only as good as the decisions you make."
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Old July 4th, 2014, 05:43 PM   #370 (permalink)
Trading Apprentice
Toronto/Ontario
 
Futures Experience: Intermediate
Platform: Turbo, Ninja, MT
Favorite Futures: ES, GC, CL, FDAX
 
Posts: 33 since Mar 2010
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mattz View Post
I see what you mean.

Matt

PS. As far as cell phones..You cant move me from Sprint. I was in Costa Rica in the Jungle, the phone still rang.

Where in costa rica, that's good coverage? Roaming on another network right?

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