Titan FX Review
Rana Adnan | January 27, 2020
Table of Contents
Titan FX is an ECN Forex and Commodities broker that is committed to providing technology-driven, next-generation trading conditions, institutional-grade spreads, deep top-tier liquidity and fast trade execution.
Broker Pros / Cons
- User-friendly MetaTrader platforms
- Trading tools
- All trading strategies allowed
- Offshore regulation
- Titan FX is prohibited for traders in the United States, New Zealand, Australia & Vanuatu
- Minimum $200 deposit
- Limited non-FX assets for trading
Titan FX prides itself as the next-generation Commodity and Forex brokerage firm. The company, highly technology-driven, provides standard trading conditions, instantaneous trade execution, and excellent liquidity advantages.
It offers trading services via some of the best trading platforms, MetaTrader 4 and MetaTrader 5 which run on web, desktop and mobile devices (iOS & Android). The broker is the proud owner of the Zero Point Infrastructure through which it delivers competitive pricing to traders of all experience levels and investment sizes.
Titan FX is registered with the Vanuatu Financial Services Commission (VFSC) and carries the license number 40313. The trading brokers review team would prefer a broker who is regulated by another regulator such as the FCA, CySEC or ASIC. Why? Because the VFSC is an offshore authority and therefore, its regulatory requirements can be less strict compared to others.
TitanFX are unable to accept any United States, New Zealand or Vanuatu residents.
Titan FX offers both the MetaTrader 4 and MetaTrader 5 platforms to its clients. The desktop versions of both are available on PC and Mac. There are also mobile trading apps and tablet apps for Apple iPhone and Android and Apple tablets and Android tablets respectively.
Moreover, the broker also supports WebTrader, a web-based app that does not require any installation. Rather, it connects users directly to their trading accounts via their web browsers.
Through its trading platforms, the broker makes available for its clients a vast array of trading tools such as technical indicators for advanced charting capabilities and a diverse range of systems for algorithmic trading.
Traders who use automated trading systems may find its Virtual Private Server (VPS) offering useful. Titan FX also has ongoing partnerships with ZuluTrade and SignalTrader through which users are enabled to engage in social and copy trading. ZuluTrade allows you to provide or copy trading signals from other traders. Please see our full ZuluTrade review for more details.
And if you are a money manager or investor, you should find its Multi-Account Manager (MAM) adequate for your needs.
One of the aims of Titan FX is to equip its clients with the most effective forex education to prepare them for tragin online. To this end, the broker provides educational sections on its website which are:
- Market Analysis
- Forex Monthly
- Economic News
- Learn Forex
Titan FX offers a modest range of assets which includes 70+ currency pairs, precious metals, oil and gas, and index CFDs. This is limited compared to some other brokers who offer thousands of trading instruments.
The broker provides its users with a choice of two trading account types. There is the commission-free standard account and the blade account which is commission-based. The standard account type, therefore, offers commission-free institution-grade STP spreads while trades on the blade account type, intended for experienced and algo traders, incur both a commission and variable spreads.
Really, one of the most beneficial features of Titan FX is its low trading fees. With the broker, you can get started with just $200. Also, spreads are as low as 0.0 pips on the blade account type.
Titan FX has a robust client support service. No matter what general, technical or account enquiries you have, you can communicate them to the broker via live chat, phone, and email, which are available from market open to market close every week.
The broker supports multiple methods of deposit and payment that include Wire Transfer, Visa, Mastercard, and digital wallets such as Neteller and Skrill.
Titan FX has multiple account offerings. There is the standard account type if you want commission-free trades. The broker offers also the blade account which charges variable spreads and commissions on trades.
Both are suitable for different needs. The standard account, for example, could be beneficial for users with manually based trading strategies. The blade account, on the other hand, may be the account of choice for experienced and algo-based traders.
To open a trading account with Titan FX is fast and easy. New account applications are approved immediately. Hence, with the broker, you can start trading commodities and currencies within a few minutes. Also, the process is the same to open any of the account types.
You will have to choose between an Individual Trading Account or a Corporate Trading Account. Then, you will be requested to supply basic personal, contact, and desired account type details and your account is live.
Otherwise, you can choose to open a demo account with virtual funds to have a feel of the broker’s trading platform and to practice your trading strategies before going live.
|Broker Features||AvaTrade||IG||IC Markets|
|Regulated||ASIC, BVI, CBI, FFAJ, JFSA, FSCA, IIROC, ADGM FRSA||FCA, CFTC, NFA, BaFin, FINMA, ASIC, FMA, MAS, FSA, FSCA, DFSA, JFSA, METI, MAFF||ASIC, CySEC, FSA, SCB|
|Country||Australia, Ireland, South Africa, Japan, British Virgin Islands||Australia, UK, USA, Switzerland, UAE, Singapore, Japan||Australia, Seychelles, Bahamas, Cyprus|
|Min. Deposit||Min $250 Deposit||Min $100 Deposit||Min $200 Deposit|
|Commission||From $0||From $0||From $0|
|Instruments||Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Options, Bonds, CFDs, ETFs||Forex, Commodities, Stocks, Shares, Indices, Cryptocurrencies, Metals, Energies, Options, Bonds, ETFs, CFDs||Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Bonds, CFDs|
|Platforms||MetaTrader 4, MetaTrader 5, AvaTradeGO, AvaOptions, AvaSocial, DupliTrade, ZuluTrade, Web, Mobile||MetaTrader 4, IG Platform, IG Progressive Web App, ProRealTime (PRT), L2 Dealer, FIX API, Web, Mobile||MetaTrader 4, MetaTrader 5, cTrader, Web, Mobile|
|Type||Market Maker, STP||STP, ECN, DMA||ECN|
|Funding||Wire Transfer, Credit/Debit Card, Paypal, WebMoney, Neteller, Skrill||Wire Transfer, Credit/Debit Cards, PayPal||Wire Transfer, Credit Card, Debit Card, WebMoney, Neteller, PayPal, Skrill, FasaPay, UnionPay, Qiwi, Bpay, Poli|
|Visit Broker||Visit Broker||Visit Broker||Visit Broker|
Titan FX is a Vanuatu-incorporated Forex and CFD broker with the license number 40313. Hence, it is regulated by the Vanuatu Financial Services Commission (VFSC). However, the Vanuatu regulatory framework is not considered by many industry experts to offer the same protection to traders as other regulators can. Due to regulatory limitations, Titan FX cannot provide its services to United States, New Zealand, Australia, and Vanuatu residents. Whilst they offer the powerful MetaTrader platforms and different account types, the non-FX trading instruments are limited when compared to other forex brokers.