...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
The following 5 users say Thank You to Daytrader999 for this post:
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.
The following 4 users say Thank You to CapeDR for this 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.
The following 4 users say Thank You to shodson for this post:
@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 support@OptimusFutures.com
The following 4 users say Thank You to mattz for this post:
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
The following user says Thank You to pepelucho for this post:
@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 support@OptimusFutures.com
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
The following user says Thank You to smalltrader35 for this post:
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 support@OptimusFutures.com
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 support@OptimusFutures.com
We have been working with @sam028 from Speedy Trading Servers | trading servers who can directly collocate your NT with the data centers that he is working with. We highly recommend his services.
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 support@OptimusFutures.com
The following 4 users say Thank You to mattz for this post:
I'm very satisfied with Sam's service and the reliability of his servers as well...he must be some kind of a vampire since he never sleeps in order to provide his great service.
Hmmm....seems to be just like you, Matt.
"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
The following 2 users say Thank You to Daytrader999 for this post:
Thanks !
On my side I have a bunch of my clients who are also Optimus clients, and I've only heard very positive comments. Anyway, there are a lot od posts from Matt's clients about the quality of the services provided, no need for me to say too much, I may hurt his modesty
That's because you're a smart and quite customer, I'm a monster with the others . Okay, I'm cool with @Happyface too, because he knows where to eat great stuff in NY, but that's all !
Success requires no deodorant! (Sun Tzu)
The following 4 users say Thank You to sam028 for this post:
In this business, you are as good as your last review. I still have both my feet on the ground.
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 support@OptimusFutures.com
The following user says Thank You to mattz for this post:
What feeds do you support with Ninja Trader? Do any of the feeds have, in addition to futures data, Market internals like the $TICK or $TRIN or Advancing/Declining data? How about the cash indexes like the SP500 or DJIA or Russell 2K? I currently have a demo with AMP/CQG and CQG has that data. Do you have CQG? I know you have Rithmic but does Rithmic support this data? Thanks!
Persistence! Nothing in the world can take the place of persistence.
Talent will not ... nothing is more common than unsuccessful men with talent.
Genius will not ... Unrewarded genius is almost a proverb.
Education will not ... The world is full of educated derelicts.
Persistence and determination alone are omnipotent! Calvin Coolidge
The following 3 users say Thank You to Joseph Connors for this post:
Hello Jospeh, Rithmic data feed does not support the market internals. Those who require it among our customers (small group) use NinjaTrader's Kinetick that gives very accurate data of these internal and many other features that you may find useful.
Soon, we will be rolling out Continuum which is CQG's flagship product and I think it may have these internal as well.
Thanks,
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 support@OptimusFutures.com
I completed the online application for Vision (late evening Jan 20).
The next day I sent a 'hi-res' scan of my Driver's license in a 'secured' PDF... The pdf requires a password to open, so I put instructions in the email, requesting Vision to respond back....(providing some comfort that they got the file...) at which point I would send an email with the password.
....(very basic Internet security sending secured pdf).....
I got an automated reply from Vision on 1/21/2014....but that's all. Since then...nothing.
I sent a second email...still nothing.
Anyone else having problems getting these folks to respond?
@photog53. Sorry for the frustration, we recently been inundated with account apps, so we are trying t help as many people as we can. You should communicate with my office directly to get things done and not the clearing firm.
Please PM me your name and email, and I will assist you in the AM.
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 support@OptimusFutures.com
The following user says Thank You to mattz for this post:
After reviewing recent articles regarding datafeed or platform issues - Mirus/Zen-Fire, Amp/CQG and Optimus/Rithmic, I've been looking forward to getting setup with Optimus/Rithmic on NinjaTrader.
Matt and his team have been very professional to work with and have followed through during the entire setup process. Occasionally, they host informative webinars regarding trading and the various platforms they support, one from a couple weeks ago helped seal the decision for me. I trust others will have good experiences with them as well.
Thanks again, Matt and Optimus!
Thanks also to Big Mike for the best trading forum around!
Kirk Zeller
The following 3 users say Thank You to zeller4 for this post:
Thanks for the info. What feeds do you support with NT? With the Continuum roll out, are we talking weeks or months? Any idea yet? Thanks!
Persistence! Nothing in the world can take the place of persistence.
Talent will not ... nothing is more common than unsuccessful men with talent.
Genius will not ... Unrewarded genius is almost a proverb.
Education will not ... The world is full of educated derelicts.
Persistence and determination alone are omnipotent! Calvin Coolidge
You most welcome. We are up and running for Rithmic, and I suggest that you try that to see if it meets your requirements. We do have continuum available, but we are working on the sim environment for our users.
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 support@OptimusFutures.com
The following user says Thank You to mattz for this post:
Optimus was excellent choice for me. I've been with them for more than half a year now. They offer really wide range of platforms and I chose Sierra Chart with Rithmic datafeed, which is working really good. For any question I have, just shooting a message to Matt via skype and he's always there helping me as quickly as he can.
There are also informative webinars to new platform solutions, there is new Optimus forum, which can help to answer any question. Matt is working on daily basis to improve already very good services.
Thanks Matt and thank your team for good work.
The following 4 users say Thank You to nojgic for this post:
Matt and Jessica corrected the issues I was having with Vision processing the application.
Jessica responded quickly, and forwarded the PDF file to Vision, and then maintained contact with me. Vision did ask (again) for information that I had already completed....but Jessica also fixed that. I'm still not too sure about the Vision folks that the online application process goes to....but after Jessica got involved, things moved more smoothly.
My thanks to Matt and Jessica!
The following user says Thank You to photog53 for this post:
Thank you for the kind words. When you fill out the application both parties (clearing and IB) get the application, but is it the job of the IB to "push" for the process to be completed and at the same act as a liaison between margins, activation and account set up.
Jessica has joined us recently to replace Jennifer (became a mom to her first child) and was hit with tons of transfers as a result of a known fact. She worked long hours including weekends to accommodate everyone and never lost her cool despite (understandable) frustrations from customers.
EVERY single thank you here is my biggest ad and I never take kind words for granted. I am grateful you chose us and I hope we can always meet you expectations. We are very conscious of the competition, the offers and the delusional "We are the best" mentality among many brokers you encounter daily. Customer service is no longer just being nice, but knowledge of software you provide, creative solutions to maturing traders, and understanding at the end of the day that you deal with something that does not grow on trees.
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 support@OptimusFutures.com
The following 4 users say Thank You to mattz for this post:
We have been working on a new tool for traders who trade real time and need assistance with technical platform support.This is a direct chat box that you can launch from inside NinjaTrader where we would be able to directly support you. This will also avoid running live chats like Skype that can consume resources and make you platforms and feed to be slow.
I have attached an example of how this conversation would take place. We are going to test it with a select number of users to make sure it is functioning properly and working as intended before releasing it to our entire customer base.
Please note that this feature will only be available to customers who trade real time with Optimus Trading Group.
Thanks,
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 support@OptimusFutures.com
The following 2 users say Thank You to mattz for this post:
We are now exploring a functionality that will allow us to also log to the customer's computer to help him/her technically directly via this chat.
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 support@OptimusFutures.com
Hats off to Matt at Optimus. He recently bent over backwards to help with some issues that were happening with my system. These issues had nothing to do with Optimus but Matt helped me get them resolved. Most brokers would not do what he did for me.
I also recently tried Continuum for server side OCO but had a lot of problems with so went back to Rithmic. There was some stuff I needed to get done with Rithmic directly. Matt has great relationship with those guys and was able to get done what I needed very quickly. He bent over backwards to get me taken care of and I highly appreciate his hands on approach to customer needs.
Anyone looking for a Rithmic broker I can't recommend the team at Optimus highly enough.
"The day I became a winning trader was the day it became boring. Daily losses no longer bother me and daily wins no longer excited me. Took years of pain and busting a few accounts before finally got my mind right. I survived the darkness within and now just chillax and let my black box do the work."
The following 5 users say Thank You to liquidcci for this post:
I lost some time trying to find your commissions and fees on your web site.
I started a chat conversation but the person left in the middle of conversation.
Nothing.Top secret.
I have read the transcript of the conversation.
You were provided with an email prior to leaving the conversation asking you to drop an email so we can give you all the details necessary. We apologize for the inconvenience but we needed to restart our servers during the chat.
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 support@OptimusFutures.com
The following user says Thank You to mattz for this post:
Just a small update for the community: we have finally were able to launch a Rithmic
based solution for Mobile Trading for Android and Apple.
This could serve as a standalone trading platform or in conjunction with any platform that is
Rithmic driven. For example, you could trade on NinjaTrader but close your position on the mobile app as we can tie it up to one account.
Also, we would create instructional videos to assist the users with the different features. We should have more news next week about this.
Matt
THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING. FUTURES CONTRACTS HOLD A HIGH DEGREE OF LEVERAGE THEREFORE YOU SHOULD CONSIDER CAREFULLY WHETHER SUCH TRADING IS APPROPRIATE FOR YOU.
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 support@OptimusFutures.com
The following 7 users say Thank You to mattz for this post:
I was in a Crude Oil trade at 6AM California time, when I received a phone call from Matt to warn me that I was trading contract in a Delivery month. My first reaction was “NO way I am doing that!” You see, I’ve been doing this for quite some time. But one glance at my position, I was so grateful that Matt called.
Thank you for paying attention to details for your customers. I am so glad I have you on my side.
Ann
The following 4 users say Thank You to ahhyaya for this post:
I'm with Optimus Futures since Jan this year and so far everthing is running smoothly.
However today I had some connectivity issues and I got a bit stessed out. So I wrote an email on my backup PC
(WIN XP) to Matt and asked for help.
It did not take longer then 2 minutes and he replied on my mail. We then got connected on skype and he immediately fixed my problem (closing a pending trade).
To be honest its not what I expected. I mean a response in 2 minutes...
This is 10 ten out of ten for customer service.
Thx Matt
The following 2 users say Thank You to CapeDR for this post:
We now have the capability to provide Continuum over NinjaTrader for demos and real live trading.
As we always do, our group took our time to test and understand the infrastructure of CQG/Continuum so we can support the infrastructure we provide.
Thank you,
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 support@OptimusFutures.com
The following 5 users say Thank You to mattz for this post:
Well, I finally bit the bullet and started the process of changing brokers. After evaluating MANY of them, I elected to go with Optimus for a couple of main reasons; their superb customer service and very competitive rates. And while I realize that no broker is perfect, it's a real challenge to find problems with Optimus; which the same can't be said for many of the other firms.
My experience, like many have said before, was better than expected. When I reached out to Matt, he was quick to respond and answered all of my questions. He shared Optimus's philosophical stance as a firm towards its clients and as my research has indicated, they aren't simply making empty statements.
Also, hats off to Jessica at Optimus as she answered numerous additional questions as I setup and funded my account!
To Matt, Jessica, and all others at Optimus, THANKS!
The following 3 users say Thank You to Speckleback for this post:
Matt, are there any future plans to make deposits and withdrawals a little easier? Check or wire in this day and age is a little bit of a pain. I'm not sure if that's something that you guys can even control or if that's strictly on Vision's end.
The following 2 users say Thank You to TheShrike for this post:
You do have the ability to send funds out via an ACH. Incoming only wire and check at this point.
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 support@OptimusFutures.com
The following user says Thank You to mattz for this post:
CQG is data provider and a software provider for trading, and as such does not offer clearing directly through it.
Those who are clearing members offer access via software/platform directly to the exchanges.
We currently use VFM to offer CQG services to our customers.
I hope this adds clarification and answers your question.
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 support@OptimusFutures.com
The following 4 users say Thank You to mattz for this post:
Just a few questions regarding trading Eurex (specifically Bund) using NT and continuum through you guys.
Are there any costs involved with the continuum data feed?
Does Continuum do server or client OCO?
If using Continuum does NT provide the historical data? If not do I need a separate data feed?
Is it possible to use your android app with an NT/Continuum setup (I've only seen references to it working with Rythmic)
What market depth does Continuum provide on Bund and ZN? 5 a side? 10 a side?
What are your typical margins for Bund, ZN and Stoxx?
Is continuum the only way to trade Eurex through you guys?
The cost for the Continuum connection is $10/month (plus applicable exchange data fees, such as CME or Eurex fees).
Continuum supports server side OCO.
Continuum does include historical data.
OTG Mobile Trader is Rithmic only at this time.
Continuum should provide 20 levels of Market Depth for Eurex products and 10 levels for the ZN, however, keep in mind that the standard NinjaTrader SuperDOM is limited to 5 levels of Market Depth. If you require more than 5 levels of Market Depth within NinjaTrader, you may want to look into our 9G Trading DOM which would be able to offer the full 20 levels for Eurex and full 10 for ZN from your connection within NinjaTrader.
We can provide 20% of the initial margin, so for ZN - $286, Bund - €286, Stoxx - €473.
Correct, Continuum is our only execution avenue for Eurex products at this time.
Please feel free to PM me anytime if you have any further questions.
John
The following user says Thank You to OptimusJohn for this post:
Yes it is. We can create control accounts (also called block accounts) with underlying sub accounts under any feed we create.
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 support@OptimusFutures.com
The following user says Thank You to mattz for this post:
i have opened an account with Optimus. I could say that they are excellent in assisting me in opening an account with Vision (which is the clearing firm). I have just started trading for a couple of days and so far so good. Trade execution with the R|Trader is great. Support responds to email (haven't tried calling them yet) which is good. Thanks Matt!
"You are only as good as the decisions you make."
The following 4 users say Thank You to jerbersoft for this post:
@mattz: Due to the new brokerage thru ninjatrader, many things are in blur for me. As i understand then optimus can't open new rithmic accounts for ninjatrader Plattform in the future. I think that has an major impact in your business. Are they any Deadlines and what i have to do to fullfil the Deadline requirements (to open a new account quickly)? But i'm concerned because if i can't open any further accounts at optimus then i'm riding a dead horse.
Why the rithmic feed is bundled with AMP and NinjaTrader only? I know that the ZenFire/BigTick/Continuum feed was closely related to Mirus, but why can NinjaTrader expel all other rithmic brokerages so easily?
Thanks Koepisch
The following user says Thank You to Koepisch for this post:
The way I read the ninjatrader FAQ is that they would still support multiple brokerages....what would be the point of them selling a multibrokerage license ? A change like that would imact ninjas business in a negative way. If I am wrong then I would like to hear someone in the know chime in.
The following user says Thank You to Babool for this post:
"Among the benefits of the deal, NinjaTrader is promoting to futures traders that it will be providing its platform with industry-leading low commissions. While the offering becomes a compelling choice for traders, the brokerage launch can be viewed as a risky move as it now puts them in direct competition with their broker partners. In addition, while NinjaTrader has stated it will continue to be available through other brokers, their website encourages existing users of their platform to review their new brokerage offering and potentially make a switch. However, after growing its share in the futures market, NinjaTrader apparently feels the launch of a brokerage will allow them to leverage their popularity, taking the company to the proverbial ‘next step’."
You have until the 15th to open an account with us. You can do so by going to our link here: Open Commodity Futures Trading Account
We do have new comers who are doing it now.
For the most part I am puzzled as to why a broker like us is excluded. You would think that the way we accommodated and helped over the years in number of critical scenario, we would be a given a chance. At the very least an opportunity to leave an open door to guys like us who don't look at customers like inventory and take the time to learn the technology we support. We did not have the "Call NinjaTrader..." instead we tried to fix anything ourselves.
I will refrain saying anything negative about NinjaTrader despite the fact that they are actively solicit now every Ninja customer I have. Many years we enjoyed a mutually good relationship, good rapport that resulted in helping many customers together. I am truly grateful for that. It's not the owners who make the operation run smoothly rather the guys inside, and Ninja sure knows how to pick great guys:Ryan, Bret, Wesley and others that I enjoyed interacting over the years. They will become part of the new NinjaTrader structure and I wish them nothing but the best. If you guys read it, I am VERY grateful to you.
We will continue servicing NinjaTrader guys like we have done so in past. Optimus is now exploring and getting feedback from customers what would be a good choice(S) of platform(S) to work and support. Although many don't enjoy the same benefits of being as popular and/or marketing exposure, they still offer good feature that could appeal to many traders. Luckily, you have choices and you can explore many options that are best for you. We will be making an announcement to our customers about the new technologies and new relationships Optimus is striving to establish.
I wish you all Happy 4th of July!
Sincerely,
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 support@OptimusFutures.com
The following 9 users say Thank You to mattz for this post:
Atleast the good thing for the consumer is the competative all inclusive roundturn pricing they are offering. Other brokers will need to match if they want to stay in business. Also in the big mike webinar they mentioned they will still support rithmic if you request along with continum cqg as default. In the webinar the cool thing about rithimic i though was theres no extra fees for using eurex or anything transaction stuff which is cool.
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.
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 support@OptimusFutures.com
The following 5 users say Thank You to mattz for this post:
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.
The following 2 users say Thank You to guppy for this 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.
The following 4 users say Thank You to sctrader for this post:
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.
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 support@OptimusFutures.com
The following user says Thank You to mattz for this post:
I appreciate your kind words. I am glad that d marketing webinars don't soften your belief system.
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 support@OptimusFutures.com
The following user says Thank You to mattz for this post:
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
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 support@OptimusFutures.com
The following user says Thank You to mattz for this post:
Will talk to Dennis about it. Most likely will have updates next week.
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 support@OptimusFutures.com
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."
The following user says Thank You to jerbersoft for this post:
In lieu of this rather unusual circumstances, we appreciate you joining Optimus.
Thank you for the business and trust.
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 support@OptimusFutures.com
in my opinion, absolutely no problems if many refuse platform of NT
you always have a chance to look around and see that there are more worthy of the platform as Sierra Chart
* If investing gets too difficult for a seventh grader to understand, the system is needlessly complex
* Markets produce an enormous volume of information, much of which is redundant
* In every game and con there's always an opponent, and there's always a victim. The trick is to know when you're the latter, so you can become the former
The following 3 users say Thank You to Jonson for this post:
We will provide support to every platform equally, and let our traders decide which one is the best for them.
Our policy when it comes to customers who need help in choosing a platform is to advise based on the user's experience and expectations.
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 support@OptimusFutures.com
The following 2 users say Thank You to mattz for this post:
Just wanted to say after the Mirus/ZenFire debacle last year, I switched to Optimus and am pleased with the service provided by the brokerage and @mattz . I'm pretty tied to Ninjatrader since all of my automated systems run in NT so I have no intention of ditching NT. I plan to stay with Optimus until they give me a reason to leave. Plus, the NT brokerage is so new and I'm so disenchanted with Mirus that I'm in no rush to something that failed me before only to maybe save a few dimes on my round-turns.
The following 4 users say Thank You to shodson for this post:
Same feeling on my side. I really like Mattz's attitude. I know in business there is no sentiment but boy it must have hurt him quite a bit. Given Ninja has changed the rule by becoming a broker, i was wondering if i would be allowed to sell my licence to someone else. I might change platform in the future. Heck! most people living in Canada can't sign with Ninjatraderbroker even if they wanted. What a deal!
The following 3 users say Thank You to trendisyourfriend for this post:
I also have to second the sentiment. I had been with Mirus for the last 4 years and even stuck with them through the zenfire fiasco and the very poor support they provided through that ordeal, but when they doubled their CL margins without even emailing a warning I started looking around.
I've been with Optimus only a week but so far it has been smooth and the one issue I had with NT was quickly resolved after calling their support line (I had an old version of NT).
Like Shodson said, what is the big deal about saving 10 or 20 cents on an order that has a profit target in the hundreds of dollars and trades once or twice a day tops ? Maybe this is relevant for someone who's scalping $10-$20 trades dozens of times a day or doing some HFT stuff, I don't know. I never understood the whole mentality of saving a few pennies per trade.
In any case, for me trading CL with 1/3 the margin that Mirus had is a huge deal so I'm very happy I made the switch to Optimus.
The following 4 users say Thank You to pepelucho for this post:
I sincerely appreciate all those who have voiced their support and expressed the desire to see Optimus and NinjaTrader continue to work together in the years to come as we have in years past. While I am saddened that Optimus will not be able to refer new traders to the NinjaTrader platform, I want to reiterate to our existing Ninjatrader clients that we will continue to support you with the same guidance and expertise we always have.
When I founded Optimus my goal was to provide a knowledgeable, efficient, and pleasant support network for our traders. As online trading became more popular and accessible to retail traders the trading platforms became more robust, feature-filled, and capable. The advancements in technology have brought many new opportunities for traders, but they have also introduced new complexities. This brought me to the conclusion that it was not enough for brokerages just to provide a ‘gateway’ for orders to be placed: They MUST understand the software!
With this philosophy in mind we made it a top priority to learn about our technology offerings inside and out so that we can quickly provide seamless support whether it be a basic question or a time-sensitive issue where a comprehensive understanding of all the moving parts involved is essential. This approach has meant that our customers can let us do the legwork to resolve their inquiries rather than entering a loop where a brokerage representative directs the user to the platform vendor’s support only to be directed back to the brokerage without a resolution in sight. One specific example I would use here that illustrates our commitment to platform support was a NinjaTrader-exclusive plugin we developed that allowed our clients to send us a message directly from a NinjaTrader chart. This meant swift access to the Optimus team for quick inquiries without having to even minimize a window!
Not only do I believe it is important to provide a successful support avenue for customers, but I also believe in ‘teaching a man how to fish.’ In addition to becoming proficient and learning the ins and outs of a platform we also wanted to share this accumulation of knowledge that we worked hard to obtain for our customers. This means we did not limit ourselves just to improving our support experiences. We also aimed to give back to the trading community and our customers by producing public educational resources in the form of video libraries, newsletters, free live education presentations, dedicated forums, and more. What I didn’t realize was that over time our clients became more comfortable and competent and we received less support inquiries. In other words, our customers gained a deeper understanding and our team was able to take on new challenges with the increase in efficiency.
Unfortunately, I have found that the competition in the industry has not always tried to acquire customers with the dignity and decency clients deserve, and quite frankly this has placed a burden on prospective traders who are weighing out their options. I would like to point out that we at Optimus have always strived to be straight-forward and unbiased when it comes to our technology offerings. If a prospect were to call in and ask about NinjaTrader — we would address them in the context of NinjaTrader and not try to steer them in any direction other than their best interests. I understand that not all brokerages have operated this way, nor have they provided the resources or support that customers should expect. However, to be quite honest, I’m at a loss to see what more Optimus could have done to differentiate our services from those brokerages who would be considered by some ‘lead leachers’, or those who failed to provide adequate support for their ‘supported’ platforms.
Due to our reputation, we are often approached by platforms asking us to carry them as our ‘Flagship’ software. We believe every trader is different and has different needs in a software product which is why we shy away from recommending ‘one size fits all’ approaches. Although we do not wish to push anyone’s specific agenda, we are examining new solutions for our customers so we can give an ethical and transparent overview of functionalists, work-flows, capabilities, and limitations of all of our offerings and potential new offerings so that our customers are well informed of their options.
I take these recent changes in business relationships as an opportunity for Optimus to focus more on technology and service rather than the lowest commission rate or “$1,000 Minimums” which tends to attract perpetual paper traders and those who may be better served observing the markets before committing their risk capital.
We are excited to continue making progress in this field, and we will be happy to share new news as it comes with the many of your who have been so supportive of Optimus. I assure you we have big plans for the future and not just another ‘promotional’ piece.
It’s time to set the bar higher.
Matt Zimberg
President
Optimus Trading Group
THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
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 support@OptimusFutures.com
The following 26 users say Thank You to mattz for this post:
It is sad what had happened and the way it was implemented by Ninja. I like to thanks Matt and all Optimus staff for their support and their expertise. Thanks to them I could get the best for my strategies.
My focus is on moving to other platforms that work with Optimus, so "Bye bye Ninja"
The following 2 users say Thank You to Jfairtrade for this post:
Sure, I would be more than happy to hook you up. To be honest, we have not studied it yet, so we cant give outstanding support. But, if you can tell me which features we should focus on and what features you like, I would be more than happy to create some technical videos.
Consider also QST (Quick Screen Trading) for your Mac. It is stable and used by FCMs.
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 support@OptimusFutures.com
The following user says Thank You to mattz for this post:
Denver, CO, June 30, 2014 NinjaTrader Group, LLC has announced the launch of NinjaTrader Brokerage following their acquisition of Mirus Futures. The new brokerage will leverage the best of both award winning teams to address unfulfilled traders expectations …
"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
I decided to go live and, after much thought, I chose to go with Optimus Trading.
It's unbelievable to find such warmth and hospitality in a trading environment. You would think, and I would have thought, they are all sharks, only after your money; totally the opposite with Optimus Trading!!
Matt feels like a buddy you know for years, and the whole team behind him just as well. They are amazingly available for every little single thing!!!
Also, a big big note for the platform Sierra Chart: miles away from all the other ones I tried so far.
It just feels so right. To be honest, now that Im using and getting to know it I wouldnt change it with any other platform.
So, to the risk of becoming cheesy (maybe I got there already) I want to thank Matt, John and Jessica from the Optimus Trading staff for being there every time I need them, and the Sierra Chart support group for working hard on such a beautiful platform.
Ciao
The following 3 users say Thank You to silenceit for this post:
Thank you for reaching out and actually asking and not just "following the herd" like many do when it comes to choosing a platform amongst other things that relate to trading.
There are a number of options available to you, and regardless of your previous experience with platfoms you should choose one that offer the most basic features you are looking at a reasonable price. That is for starters.
Second, you then look for navigation that you find intuitive and looks appealing to you.
Third, you want to examine the "deeper" features that could potentially help you as a trader as you evolve as a trader.
To answer your question specifically I think you will find the migration to MultiCharts and/or Sierra rather intuitive, however you can also examine other such as MarketDelta, CTS, R|Trader and TT, etc. There are also others that are not as well known yet offer really good DOMs such as InsideEdge and QTrader (I know...sounds like a lot, but we will help you narrow it down and try and keep costs in the mix).
We are very neutral when it comes to platforms because we find that most traders don't like to make many changes (even if necessary) once they become familiar with a platform. Give us a call and we would be more than happy to assist you.
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 support@OptimusFutures.com
The following user says Thank You to mattz for this post:
@optionzen and @shanemcdonald28 Please feel free to specify what you like about SC and/or MC to help our friends with their choices.
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 support@OptimusFutures.com
Multicharts supports trade station indicators that would be great choice . As they have a life time licence and lease version .
The free version of Mc is great way to start it will give you every feature of Mc with a restriction o. Number of futures instrument you can trade. I think you can add 2 instruments and check free version out. MC is a solid platform and works with vision.
My experience with Sierra has been just a 2 week trial .
Sent from my SAMSUNG-SGH-I337 using Tapatalk
The following user says Thank You to optionzen for this post:
I am not sure that the free version is still available to us, but I will check.
I assume you connected it to Rithmic?
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 support@OptimusFutures.com
It is a good platform and an easy transition from Ninja.
I use it for some autotrading capabilities that it has and it comes with many autotrading strategies already prebuilt.
I use it on Rithmic. I did use it on CQG previously but found it to run much smoother with rithmic.
I use Sierra Chart on another account with TTnet. The quality and customization capability far exceeds Multicharts and Ninja. It is extremely stable and has never froze up or locked up on me. I do all discretionary trading with it and find it very intuitive.
I also like the ability to use spreadsheets with Sierra and also do automated trading with spreadsheets.
This allows alot of experimenting with autotrading strategies you may have. If you cant get into programming heavily, then this may be a good option to try some basic autotrading.
I use Rtrader Pro also and it is good also. It is very stable and great spread trading capabilities.
I also have Xtrader, but do not use it much , although it is a nice platform.
Overall, I feel I can do everything I need with Sierra Charts. The have great support with constant updates and quick fixing of issues that arise.
shane
The following 3 users say Thank You to shanemcdonald28 for this post:
. Okay, I'm cool with @
