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Optimus Futures trading broker review
Started:July 18th, 2010 (09:49 PM) by Zoethecus Views / Replies:112,012 / 556
Last Reply:December 7th, 2016 (12:54 AM) Attachments:12

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Optimus Futures trading broker review

Old November 14th, 2014, 10:53 AM   #441 (permalink)
Elite Member
Boca Raton
 
Futures Experience: Advanced
Platform: Variety
Broker/Data: Optimus Futures, LLC
Favorite Futures: Futures
 
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Posts: 1,818 since Sep 2010
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CapeDR View Post
I was aware that Optimus is moving to a new FCM, starting on Dec 2014, and that ADMIS the new FCM is not supporting Canadian customers.

What I didn't know is that they seem not to accept German customers as well as I got informed about that yesterday from Optimus. Urgent action is now required as soon as possibly as they want me to move to AMP Clearing.

I find it odd to get informend so short before a deadline. Wonder if there are any german traders in the same boat and if there are any other options ?

I had moved my account from Mirus to Optimus in Jan this year and was happy not having any issues so far...
Andre

Unfortunately this has come to our attention rather late. We recommended other FCMs that would fit the profile of the customer, platform and fees. If you are not happy with our selection you are free to choose an FCM of you liking.
In the near future we would be able to accommodate all customers including foreign, and I will make this announcement when the time is right.

I appreciate your understanding.

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 November 14th, 2014, 09:06 PM   #442 (permalink)
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Montreal, Canada
 
Futures Experience: Beginner
Platform: NinjaTrader, Multicharts
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Hey Matt, I'm looking forward to the possibility of having you guys as my broker again. Until then, best of luck in your endeavors.

Sent from my Nexus 7 using Tapatalk

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Old November 14th, 2014, 11:34 PM   #443 (permalink)
Elite Member
Boca Raton
 
Futures Experience: Advanced
Platform: Variety
Broker/Data: Optimus Futures, LLC
Favorite Futures: Futures
 
mattz's Avatar
 
Posts: 1,818 since Sep 2010
Thanks: 1,742 given, 2,455 received



JustinIsHere View Post
Hey Matt, I'm looking forward to the possibility of having you guys as my broker again. Until then, best of luck in your endeavors.

Sent from my Nexus 7 using Tapatalk

Hello Justin. We appreciate your business and apologize that with the new transition to ADM we can not accommodate Canadian.I enjoyed talking to you and servicing you and I assure you that our paths will cross shortly as we are working on things that will be released in due course.

Thank you for your kind words and I wish you a Bon Weekend.

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 November 16th, 2014, 10:39 AM   #444 (permalink)
Elite Member
Lehrte, Germany
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: Optimus Trading Group / Rithmic
Favorite Futures: CL, NQ
 
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Posts: 1,157 since Sep 2011
Thanks: 1,135 given, 1,536 received


CapeDR View Post
I was aware that Optimus is moving to a new FCM, starting on Dec 2014, and that ADMIS the new FCM is not supporting Canadian customers.

What I didn't know is that they seem not to accept German customers as well as I got informed about that yesterday from Optimus. Urgent action is now required as soon as possibly as they want me to move to AMP Clearing.

I find it odd to get informend so short before a deadline. Wonder if there are any german traders in the same boat and if there are any other options ?

I had moved my account from Mirus to Optimus in Jan this year and was happy not having any issues so far...
Andre

Yep, same situation here!

Since I'm definitely not going to move my account to AMP (as suggested), I'd appreciate if @mattz could point out some kind of timeline when we can expect to have an FCM at Optimus who will 'accept' German customers again...

So, while I'm still having the possibility to transfer my funds again back to my 'old' Dorman account (now at NT Brokerage), I wonder if it's alternatively possible in the mean time to 'park' the funds at Optimus until a new FCM will take care of German and Canadian customers...of course as long as there wouldn't be too much time in between.

"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
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Old November 16th, 2014, 12:59 PM   #445 (permalink)
Elite Member
Boca Raton
 
Futures Experience: Advanced
Platform: Variety
Broker/Data: Optimus Futures, LLC
Favorite Futures: Futures
 
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Posts: 1,818 since Sep 2010
Thanks: 1,742 given, 2,455 received

Futures Edge on FIO

Are you a NinjaTrader user?

 

Daytrader999 View Post
Yep, same situation here!

Since I'm definitely not going to move my account to AMP (as suggested), I'd appreciate if @mattz could point out some kind of timeline when we can expect to have an FCM at Optimus who will 'accept' German customers again...

So, while I'm still having the possibility to transfer my funds again back to my 'old' Dorman account (now at NT Brokerage), I wonder if it's alternatively possible in the mean time to 'park' the funds at Optimus until a new FCM will take care of German and Canadian customers...of course as long as there wouldn't be too much time in between.

We have a number of alternatives that we will slowly offer, but since there are thing that outside the scope of my efforts, I can not guarantee a deadline. On a different note, due to the consolidation in the industry, it is rather hard to find a retail friendly outlet that will match each customer's needs. Specifically, there are FCMs that will not do any business with specific platforms or match certain commissions, etc. The Canadian customers who have moved to AMP, did so seamlessly and we had no complaints.

I suggest that you drop me an email and we can explore your options.

Thanks,
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 November 16th, 2014, 02:11 PM   #446 (permalink)
Elite Member
Lehrte, Germany
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: Optimus Trading Group / Rithmic
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Posts: 1,157 since Sep 2011
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mattz View Post
I suggest that you drop me an email and we can explore your options.

Thanks,
Matt

Thanks Matt, I already replied to Jessicas email.

Perhaps we can find a solution.

"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
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Old November 16th, 2014, 03:10 PM   #447 (permalink)
Elite Member
Boca Raton
 
Futures Experience: Advanced
Platform: Variety
Broker/Data: Optimus Futures, LLC
Favorite Futures: Futures
 
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Posts: 1,818 since Sep 2010
Thanks: 1,742 given, 2,455 received


Daytrader999 View Post
Thanks Matt, I already replied to Jessicas email.

Perhaps we can find a solution.

Of course we will. I appreciate your loyalty, and I assure you that we are constantly working on technology and backoffice support to make your trading experience pleasant.

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 November 16th, 2014, 11:02 PM   #448 (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

Hey Matt, Thanks for your message, I am currently with NT brokerage and I use NT , I have lifetime licenses for both NT and MC. I do not see a way to use my current logins to use on both platforms. Do you have any suggestions for the same..

Thanks for your message again & assistance.

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Old November 16th, 2014, 11:18 PM   #449 (permalink)
Elite Member
Boca Raton
 
Futures Experience: Advanced
Platform: Variety
Broker/Data: Optimus Futures, LLC
Favorite Futures: Futures
 
mattz's Avatar
 
Posts: 1,818 since Sep 2010
Thanks: 1,742 given, 2,455 received


optionzen View Post
Hey Matt, Thanks for your message, I am currently with NT brokerage and I use NT , I have lifetime licenses for both NT and MC. I do not see a way to use my current logins to use on both platforms. Do you have any suggestions for the same..

Thanks for your message again & assistance.

Always glad to help.

As far as I know, CQG creates a separate and unique ID for each platform. This is definitely the case for their demos where you can't just plug one into another. However, your brokerage should be able to create an additional ID, and tie it to the same account.

Alternatively, you can request a Rithmic connectivity which has a universal login to all platforms and tied to the same account. Maybe CQG has it as well, but not as far as I know.

Congrats on getting MC.

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 November 16th, 2014, 11:40 PM   #450 (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


Thanks Matt, I see that your firm is transitioning to ADMIS as a FCM. When do you expect that to complete. What Platforms do they support ? Will the older NT lifetime licenses be supported ?

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