Titan FX Forum Discussion

We tested Titan FX using real-money live accounts. Our reviews are unique in that they do not have any bias for or against any broker and are driven purely on the underlying data we compile from live account testing, regulatory data, and opinions from customers. We list all brokers and do not charge a fee for it. We offer additional visibility for a fee, but our review content cannot be influenced. Read our About Us page to read our editorial guidelines and how we make money.

Trustworthiness & Regulation

The broker’s name is Titan FX, and its website is titanfx.com. Titan FX has been in business since 2014, providing a reasonable track record of operations. Despite being relatively young in the market, Titan FX is regulated by multiple authorities, including the Seychelles SC FSA, Vanuatu VFSC, Mauritius MU FSC, and the British Virgin Islands BVI FSC. These regulatory licenses ensure a certain level of trust and adherence to financial standards.

However, Titan FX does not offer a deposit compensation scheme, which could be a downside for investors looking for additional security. The broker is privately owned, not publicly traded, and does not provide its financials publicly.

Titan FX has a total of 0 user reviews, with 0 reviews from users with verified real trading accounts, and is rated 0.0 out of 5 by users. Despite this, it ranks 120 out of 1101 forex brokers based on user ratings and 166 out of 1101 based on our expert's rating. The broker has a popularity rating of 3.8 out of 5, indicating a high level of account openings, client activity, and web traffic.

Keep in mind that even highly regulated and successful financial firms have failed in the past, so it's crucial to consider all factors before making an investment decision.

Company	Licenses & Regulations	Segregated Client Money	Deposit Compensation Scheme	Negative Balance Protection	Rebates	Max. Leverage Retail Clients
Titan Markets	Mauritius - MU FSC					500 : 1
Titan FX Limited	Vanuatu - VU VFSC					500 : 1
Goliath Trading Limited	Seychelles - SC FSA					500 : 1
Atlantic Markets Limited	Virgin Islands, British - BVI FSC					500 : 1

Deposit Insurance

Titan FX does not provide a deposit compensation scheme. A deposit compensation scheme compensates the investor if an authorized financial firm fails.

While Titan FX segregates client money from its operating capital, providing an additional layer of security, the absence of a deposit compensation scheme may be a concern for some investors looking for maximum protection of their funds.

Spreads and Costs

When comparing average spreads and costs across various asset classes, Titan FX offers competitive pricing. For example, Titan FX has a Forex average spread of 1.73, which is slightly higher than some industry leaders like IC Markets and RoboForex but still within a reasonable range.

For Crypto, Titan FX's average spread is 13.13, which is lower than Axi and FBS but higher than IC Markets. The commodities average spread for Titan FX is 0.15, which is competitive and in line with market standards.

Combined Spread/Commission Costs by Asset Class Compared to Market Leading Brokers

Crypto averages comprise (BTCUSD, ETHUSD), forex averages comprise (EURUSD, USDJPY, GBPJPY, EURGBP, AUDNZD, CADCHF), indices averages comprise (US30, AUS200), and commodities average comprises (XAUUSD, XAGUSD) and that data is sampled every 10 seconds for 24 hours to calculate the average. Forex is stated in pips, and the others are stated in base currency. All spreads including both spread and commission calculated in.

Our data comes from our sophisticated spread analyzer tool, which collects live account information and syncs with our performance analytics system. To compare all brokers and instruments with the latest live data, visit our spread analyzer tool. A spread is the difference between the bid (sell) and ask (buy) price of an asset and can vary widely between brokers and account types.

Some brokers charge higher spreads but no commission, while others charge both, making it crucial to assess the total cost, which includes both spread and commission. Our values reflect this all-in cost. Note that some brokers may set low costs on popular pairs like EURUSD but higher rates on other instruments.

Many brokers also advertise "as low as" spreads that may not reflect the true average or include commissions. Comparing true all-in cost averages across various instruments and asset classes is vital for accurate assessment.

Combined Spread/Commission Costs Per Instrument Compared to Market Leading Brokers

Swap Rates/Financing Fees

Swap fees, also known as overnight financing fees, are charges that traders pay or receive for holding a position overnight. Positive swap rates pay out to the trader, while negative swap rates cost money.

Compared to the average of industry-leading brokers, Titan FX has relatively high swap rates. This means that for traders who hold positions overnight, the costs can be higher compared to some other brokers.

Does Titan FX Offer Islamic/Swap-free Accounts?

Islamic or swap-free accounts are designed for traders who cannot receive or pay interest due to their religious beliefs. These accounts comply with Islamic principles and do not charge or earn overnight swap or rollover interest on positions. Currently, Titan FX does not offers Islamic accounts for traders who require them.

Other Fees

Besides spreads, commissions, and swap rates, Titan FX may charge additional fees that traders should be aware of. It's essential to consider these when calculating the total cost of trading.

Comparison to other Brokers

When compared to other brokers, Titan FX holds its own in several key areas. It offers competitive spreads and a wide range of tradable instruments, including Forex, Crypto, and Commodities and traders can also open a live account with no minimum deposit (applies when specific funding methods are used).

Its regulatory status is robust, with multiple licenses from respected authorities, adding a layer of trust and security for traders. Despite being founded in 2014, Titan FX has grown in popularity, evident from its high web traffic and client activity.

However, Titan FX has room for improvement in areas such as swap rates and user reviews. It ranks lower than some industry leaders like IC Markets and RoboForex in terms of user ratings and spread averages.

Additionally, the absence of a deposit compensation scheme and the lack of public financial transparency might be concerns for some investors.

Trading Platforms - Mobile, Desktop, Automated

Titan FX offers the popular MetaTrader 4 and MetaTrader 5 platforms, which are known for their robust charting tools, advanced analysis, and support for automated trading. MetaTrader 4 uses the MQL4 programming language, while MetaTrader 5 uses MQL5, both of which allow traders to create custom indicators, scripts, and Expert Advisors (EAs) for automated trading.

Both platforms are compatible with desktop, mobile, and web devices, providing flexibility and accessibility for traders on the go. The ease of learnability for both MQL4 and MQL5 is moderate, making them accessible for traders with some programming experience.

What Can you Trade?

Titan FX offers a wide range of tradable instruments across various asset classes, including 60 Forex CFDs, 40+ Crypto CFDs, 140+ Stock CFDs, 21 Stock Index CFDs, and 23 Commodities CFDs. All these instruments are available for trading as CFDs, which means you do not own the underlying asset but can speculate on its price movements.

This allows for leveraged trading, which can amplify both gains and losses. For more information on the specific instruments available, please visit Titan FX's website.

Available Leverage

Titan FX offers leverage up to 500:1 for retail clients (1000:1 with Micro account), depending on the asset class, account type and regulatory entity. High leverage allows traders to control larger positions with a smaller amount of capital, potentially increasing both profits and losses. Traders should use leverage cautiously, as it can significantly amplify both gains and losses.

Prohibited Countries

Titan FX cannot open client accounts for residents of certain countries due to regulatory restrictions. These countries include the United States, Canada, Japan, and any country where such distribution or use would be contrary to local law or regulation.

It's essential for prospective clients to verify their eligibility based on their country of residence before attempting to open an account with Titan FX.

Titan FX Account types

	Zero Standard	Zero Blade
Commission	-	$3.50 Per Side Per 100K USD Traded
Maximum leverage	500:1
Mobile Platform	MT4 Mobile, MT5 Mobile
Trading platform	MT4, MT5, WebTrader
Spread Type	Variable Spread
Minimum Deposit	0
Minimum Trade Size	0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts

	Zero Standard
Maximum leverage	500:1
Trading platform	MT4MT5WebTrader
Mobile platform	MT4 MobileMT5 Mobile
Spread type	Variable Spread
Minimum deposit	0
Minimum Trade Size	0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts

	Zero Blade
Commission	$3.50 Per Side Per 100K USD Traded
Maximum leverage	500:1
Trading platform	MT4MT5WebTrader
Mobile platform	MT4 MobileMT5 Mobile
Spread type	Variable Spread
Minimum deposit	0
Minimum Trade Size	0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts

Titan FX Web traffic

Our web traffic data is sourced from SimilarWeb and sums the traffic data of all websites associated with a broker. Organic visits are visits the broker didn't pay for, based on the available data. This data updates once monthly and can be based on data purchased from internet service providers, traffic metrics sourced by a third party such as Google Analytics that the company chooses to share with SimilarWeb, etc.

Titan FX Profile

24 hour support

Islamic Accounts

Accepts Japanese Clients

Non expiring demo

Trading API

Cent accounts

Negative balance protection

Social trading

Regulatory deposit insurance

Trailing stops

Bonuses

Interest on margin

Fixed spread

Variable spread