Basic Information & Regulation
Titan FX Is A New Zealand Based Online ECN Forex And CFD Broker Founded In 2014 And Currently Holds A Retail Forex License (license Number: 40313) Issued By The Vanuatu Financial Services Commission.
Security Analysis
Titan FX Is Subject To Offshore Regulation By Vanuatu VFSC. It Is Well Known That Offshore Regulation Is Almost The Same As Those Of Unregulated Brokers To Protect Investors' Funds. Both Are Risky. Investors Should Choose Brokers That Are Regulated By The Top Level, Such As The UK FCA, Cyprus CySEC.
Financial Instruments
Titan FX Offers Investors More Than 70 Pairs Of Forex Currency Pairs, Commodities, Precious Metals And Index CFDs.
Accounts & Leverage
Titan FX Offers Investors Two Different Types Of Trading Accounts, Zero Standard Account (account Opening Amount Of 200 Dollars) And Zero Spike Account (account Opening Amount Of 200 Dollars). The Maximum Trading Leverage For Both Accounts Is Up To 1:500.
Spreads & Fees
Titan FX's Zero Standard Account Has A Spread Of 1.1 Pips In EUR/USD With No Additional Trading Commissions. The EUR-USD Spread On The Zero Point Spike Account Is 0.1 Pip, And The Trading Commission Is $3.50/standard Lot (one-sided).
Trading Platform
Titan FX Provides Traders With The Most Popular MT4 Trading Platform At Present, As Well As MT4 PC Version, MT4 Mobile Version, And MT4 Web Version. The MT4 Trading Platform Has Powerful Charting Tools, A Large Number Of Custom Technical Indicators, An Extensive Backtesting Environment, And A Series Of Expert Advisors. It Supports Automated Trading And Can Help Traders Create Their Own Trading Strategies.
Deposit And Withdrawal
Titan FX Allows Traders To Deposit And Withdraw Funds From Their Investment Accounts Via Credit/debit Cards, Telegraphic Transfers, Skrill And Neteller Payment Methods. Titan FX Does Not Charge Any Processing Fees For Deposits.
Summary
The Main Disadvantages Of Titan FX Are:
1. The Supervision Is Not Strict;
2. The Minimum First Deposit Amount Is High;
3. There Are Fewer Deposit And Withdrawal Options;
