Optimus Futures vs Tastyworks

Optimus Futures vs tastytrade Comparison Table 2024
Optimus Futures	tastytrade
Review Not Yet Rated	Review 3

Optimus Futures is an introducing broker partnering with numerous FCM services. It offers hundred of global assets across 40+ trading platforms.	tastytrade is an award-winning brokerage, launched in 2017. The brand specializes in futures, options and stock trading with US and Australian regulatory oversight. The proprietary trading interface, designed by the creators of Thinkorswim, is powerful with plenty of integrated tools to suit active traders.
Comment by Reviewer
	"tastytrade is a good choice for investors looking for low-cost, multi-asset trading opportunities. Experienced traders in particular will appreciate the comprehensive analysis tools and advanced trading technology."
Pros
	Transparent pricing model including a $1 commission on stocks and ETF options, with maximum limits per leg for some assets Wide range of asset classes including options, futures, stocks, ETFs and indices with the majority available to trade 24/5 Good choice of account types suitable for various investment goals including IRAs and individual/joint trading accounts Powerful proprietary platform with detailed insights, real-time trading videos, and order adjustment features Excellent regulatory oversight from FINRA, NFA and ASIC with SIPC insurance for US clients
Cons
	Less suitable for beginners with no demo account and basic educational resources Narrow range of instruments with no forex trading No credit/debit card payments USD base currency only No 529 plan
Instruments
Futures, options	Stocks, ETFs, Cryptos, Futures, Options
Demo Account
Yes	No
Minimum Deposit
$500	$0
Trading Platforms
MT4 MT5	Own
Payment Methods
Cheque Credit Card Wire Transfer	ACH Transfer Automated Customer Account Transfer Service Wire Transfer
Minimum Trade
Variable
Regulator
CFTC, NFA	SEC, FINRA
Margin Trading
Yes	Yes
STP Account
No	No
ECN Account
No	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	No
Mobile Apps
Yes (iOS & Android)	iOS & Android
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes	No
Copy Trading Platform
Copy trading services are available across some of the broker's extensive range of platforms.
Social Trading
No	No
Trade Signals
None
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	Yes
Guaranteed Stop Loss
No	No
Islamic Account
No	No
Account Currencies
USD EUR GBP
Stock Exchanges
Chicago Mercantile Exchange	S&P 500
Commodities
Gold Silver
Forex Trading
Offers 80+ spot forex pairs to US traders, plus futures from multiple global exchanges, including ICE, ASX and Eurex	Forex trading not offered
GBPUSD Spread
Variable
EURUSD Spread
Variable
EURGBP Spread
Variable
Assets
Varies with provider
Cryptocurrency
Optimus Futures offer micro Bitcoin futures with competitive rates.	tastytrade offers a small selection of cryptocurrencies, available to trade as long positions only. This includes Bitcoin, Ethereum, Litecoin and Dogecoin. But with a narrow suite of digital currencies, it isn't the best pick for high-volume crypto traders.
Spread
Variable	Variable
Coins
BTC	BTC ETH LTC DOGE
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
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