If you opened and closed a position, then you made two trades, traded two sides, and it’s also called a round turn. If you sell a futures contract, then it is again one trade, one side, and also a half-turn. If you buy a futures contract, then this is one trade, one side, and some call it half-turn. The commission mentioned is always per side. Therefore, reasonable rates are at least as necessary as outstanding support and reliable trading platforms. Commissions are not everything, but without competitive rates, profitable trading is almost impossible for active traders. Let’s get right into it and have a look at the commission rates. Optimus Futures main features and highlights 🗺️ Country of regulation So instead of simply being a transactional broker, they are heavily invested in providing on-going education and knowledge to their customers, a rarity in the current “Price Only” brokerage climate. An excellent futures trading blog, a trading podcast, webinars, and extensive trading guides make the offer complete.

They aim to serve clients with the best possible combination of technology, support, and trading tools.īesides phone and email support, they have a YouTube channel with a thriving community, where new traders can watch informative videos and engage in discussions about futures trading for free. They also have offices in Chicago, Akron, IA and New York. Optimus Futures is a trusted futures brokerage headquartered in Boca Raton, Florida offering competitive commissions, free platforms, low margins and multiple data feeds and clearing firms. Day Trading Margins: As low as $40 for Micros.Let’s find out if Optimus Futures is the best futures trading platform out there. More specifically, he understands the different components of trading and how to put them together for the novice customer, and how to better configure existing set-ups for more seasoned traders. He is an open-minded person and knows the futures markets inside out. Before writing the Optimus Futures review, I had several conversations with the founder and CEO Matt Zimberg. Optimus Futures is an independent introducing broker that has been serving clients around the world for nearly 15 years. Therefore, the criteria to evaluate different brokers should be based on factors unique to the futures industry. But when it comes to futures trading, order routing, trade execution, and clearing become the most important aspects. Buying and selling Exchange Traded Funds, Stocks, and Options works like a charm using their trading technologies. Traditional brokers like Charles Schwab and E*Trade do an excellent job when it comes to general investment decisions.

Futures trading platforms reviews