Optimus Futures trading broker review (Page 47) - Brokers and Data Feeds | futures.io
futures.io futures trading
 

Go Back   futures.io

> Futures Trading, News, Charts and Platforms > Traders Hideout > Brokers and Data Feeds


Optimus Futures trading broker review
Started:July 18th, 2010 (09:49 PM) by Zoethecus Views / Replies:111,978 / 556
Last Reply:December 7th, 2016 (12:54 AM) Attachments:12

Welcome to futures.io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.


You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike
     

Reply
 12  
 
Thread Tools Search this Thread

Optimus Futures trading broker review

Old November 19th, 2014, 10:46 AM   #461 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 45,561 since Jun 2009
Thanks: 28,888 given, 80,224 received


shzhning View Post
I was surprised to see mattz's post about streamlining process for sierra chart demo with rithmic was deleted for vendor self promotion. Yes, it is vendor promotion, but how else would users know about this nice feature, from a vendor that the community here has faith in?

Unsolicited self-promotion is not allowed. He wasn't addressing a question, but solely posting new promotional material.

I'm sure he has a mailing list you can subscribe to, or view his website/blog etc. Users are free to discuss his products and services, we simply don't allow vendors to use posts to create promotional content.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
     

Old November 19th, 2014, 10:54 AM   #462 (permalink)
Elite Member
Nanjing, NJ
 
Futures Experience: Intermediate
Platform: CQG
Broker/Data: AMP CQG
Favorite Futures: Flute
 
Posts: 85 since Jun 2010
Thanks: 24 given, 51 received

I don't use optimus, and does not subscribe to mattz's emai list/blog. That's why I find that post beneficial from a non-customer/potential customer point of view.

I also fully understand the policy against vendor self promotion, but just feel it's overly harsh in this specific case.

Reply With Quote
     
The following user says Thank You to shzhning for this post:
     

Old November 20th, 2014, 11:18 AM   #463 (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



shzhning View Post
I don't use optimus, and does not subscribe to mattz's emai list/blog. That's why I find that post beneficial from a non-customer/potential customer point of view.

I also fully understand the policy against vendor self promotion, but just feel it's overly harsh in this specific case.


@shzhning Thank you.
The last post (from my perspective) was just to show some progress we have made between the integration of Rithmic and Sierra. Quite frankly, We don't have many ways to show our progress rather than sites such as this, because our main resources are reinvested internally in technology and process.

Having said all that, I understand that it is hard to maintain a forum and in general brokers may seem to be overly aggressive in pursuit of customers. Therefore, there rules at times can not be bent or broken despite the limitations it may bring.

In the future, we will try to bring this to trader's attention either via our forum and/or social media outlets that are within our domain. I don't want to have "self-promotion" attached to our thread.

Thanks,
Matt

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.
Reply With Quote
     
The following 2 users say Thank You to mattz for this post:
     

Old November 20th, 2014, 12:31 PM   #464 (permalink)
Trading Apprentice
new york,ny
 
Futures Experience: Intermediate
Platform: sc
Favorite Futures: er2
 
Posts: 45 since May 2010
Thanks: 10 given, 36 received

Matt I first learned about the new server side OCO feature between optimus/rithmic and sc here...thank you.

Reply With Quote
     
The following 2 users say Thank You to SgtJ for this post:
     

Old November 20th, 2014, 01:26 PM   #465 (permalink)
Elite Member
Chicago + IL
 
Futures Experience: Beginner
Platform: NT
Favorite Futures: ES
 
Posts: 61 since Feb 2014
Thanks: 214 given, 51 received

Futures Edge on FIO

Are you a NinjaTrader user?

 
What about server managed bracket orders? Is this link below update? And how does historical daily data work with Rithmic (with Sierra)? Do we have to get IQ feed for that?

Optimus Futures Trading Service - Sierra Chart

Reply With Quote
     

Old November 20th, 2014, 02:33 PM   #466 (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


robert880 View Post
What about server managed bracket orders? Is this link below update? And how does historical daily data work with Rithmic (with Sierra)? Do we have to get IQ feed for that?

Optimus Futures Trading Service - Sierra Chart

ok, so there are a few things that are unique to the Optimus/Rithmic/SierraChart package.
We do provide historical charts for our users, and server side OCO over Rithmic.
As far as server managed bracket orders, this is something that Rithmic and Sierra are now discussing.
I suggest that also consider R-Trader (free with Sierra) if you wish to manage your bracket orders.
In my personal opinion they way they implemented it is very advanced.

Matt

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.
Reply With Quote
     
The following user says Thank You to mattz for this post:
     

Old November 20th, 2014, 03:42 PM   #467 (permalink)
Elite Member
Chicago + IL
 
Futures Experience: Beginner
Platform: NT
Favorite Futures: ES
 
Posts: 61 since Feb 2014
Thanks: 214 given, 51 received

Is that Sierra's historical back fill service or something unique to Optimus.... for the Rithmic backfill (historical charts you spoke of)? And what is the fee structure on that if you are talking about something different than Sierra's service.

Last question. Is there a discount on the Sierra monthly fee with the Optimus/Rithmic/Sierra package? I thought I read that somewhere. Thanks,


mattz View Post
ok, so there are a few things that are unique to the Optimus/Rithmic/SierraChart package.
We do provide historical charts for our users, and server side OCO over Rithmic.
As far as server managed bracket orders, this is something that Rithmic and Sierra are now discussing.
I suggest that also consider R-Trader (free with Sierra) if you wish to manage your bracket orders.
In my personal opinion they way they implemented it is very advanced.

Matt


Reply With Quote
     

Old November 20th, 2014, 04:16 PM   #468 (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


robert880 View Post
Is that Sierra's historical back fill service or something unique to Optimus.... for the Rithmic backfill (historical charts you spoke of)? And what is the fee structure on that if you are talking about something different than Sierra's service.

Last question. Is there a discount on the Sierra monthly fee with the Optimus/Rithmic/Sierra package? I thought I read that somewhere. Thanks,

Historical data for SierraChart is provided by SierraChart from their own servers for Optimus users. There is not any additional fees for this historical data other than the standard SierraChart platform fee.

The monthly special for Optimus users for Sierra is $27.5 (instead of $40 per/month) for Package 5.

Matt

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.
Reply With Quote
     
The following user says Thank You to mattz for this post:
     

Old November 25th, 2014, 08:24 AM   #469 (permalink)
Elite Member
Montreal, Quebec
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Optimus Trading Group/Rithmic
Favorite Futures: CL
 
Posts: 69 since Oct 2009
Thanks: 251 given, 32 received

CQG only

Ok so it seems if I migrate to AMP, I have to connect ninjatrader through CQG, I can't keep Rithmic. Is that true?

Pierre

Reply With Quote
     

Old November 25th, 2014, 09:22 AM   #470 (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



superpete View Post
Ok so it seems if I migrate to AMP, I have to connect ninjatrader through CQG, I can't keep Rithmic. Is that true?

Pierre

AMP has access to Rithmic. You could ask your current FCM to connect to it.

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.
Reply With Quote
     
The following user says Thank You to mattz for this post:
     

Reply



futures.io > Futures Trading, News, Charts and Platforms > Traders Hideout > Brokers and Data Feeds > Optimus Futures trading broker review

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)
 

Trading Technologies: ADL hands-on

Dec 13

Normal webinar schedule resumes after the holidays

January

Ernie Chan: Risk Management

Elite only

Dedicated Trading Servers: Advantages/Disadvantages w/sam028

Elite only

An Afternoon with FIO member Massive I

Elite only

Leo Murphy: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Stage 5 Trading Broker Review (FuturesTrader71) www.stage5trading.com Big Mike Brokers and Data Feeds 36 June 6th, 2015 06:04 AM
Optimus Futures Jmccoyiii Brokers and Data Feeds 2 May 26th, 2015 06:11 PM
Mirus Futures vs Optimus Futures piposaurus Brokers and Data Feeds 8 April 5th, 2013 03:10 PM
Futures Broker v CFD Provider for trading futures rcampbell Brokers and Data Feeds 3 January 5th, 2012 01:53 PM
Optimus/Broker Job mattz Off-Topic 0 December 1st, 2010 11:22 PM


All times are GMT -4. The time now is 10:12 PM.

Copyright © 2016 by futures.io. 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.
 
no new posts
Page generated 2016-12-10 in 0.14 seconds with 20 queries on phoenix via your IP 54.197.65.227