Titan FX Overall rating
Rating | Weight | |
Popularity |
3.7
|
3 |
Regulation |
2.0
|
2 |
Pricing rating |
4.5
|
1 |
User Rating |
Not rated
|
3 |
Features |
Not rated
|
1 |
Customer Support |
Not rated
|
1 |
Pros
- Competitive spreads and costs across various asset classes
- High popularity with a monthly organic visit of 260,118
- Founded in 2014, providing a reasonable track record
- Offers high leverage up to 500:1 (1000:1 with Micro account)
- Wide range of trading instruments including Forex, Crypto, and Commodities
- Regulated by multiple authorities including Vanuatu VFSC, Seychelles SC FSA, and others
- Offers MetaTrader 4 and MetaTrader 5 for desktop, mobile, and web
Cons
- No deposit compensation scheme
- Not publicly traded and does not provide its financials publicly
- Ranked 120 out of 1101 based on user ratings
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 | 500 : 1 | |||||
Titan FX Limited | 500 : 1 | |||||
Goliath Trading Limited | 500 : 1 | |||||
Atlantic Markets Limited | 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
Broker - Account Type | Crypto Average | Forex Average | Indices Average | Commodities Average |
---|---|---|---|---|
Titan FX – Blade | 13.13 | 1.73 | 3.44 | 0.15 |
Axi – Pro | 13.88 | 1.19 | 1.55 | 0.09 |
IC Markets – Raw | 9.05 | 1.52 | 1.38 | 0.09 |
FBS – Standard | 21.31 | 2.03 | - | 0.17 |
RoboForex – ECN | - | 1.34 | - | 0.07 |
Vantage Markets – Raw ECN | 8.63 | 2.05 | - | 0.10 |
Oanda – Standard | 38.06 | 2.45 | - | - |
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
Broker - Account Type | BTCUSD | ETHUSD | EURUSD | USDJPY | GBPJPY | EURGBP | AUDNZD | CADCHF | AUS200 | US30 | XAUUSD | XAGUSD |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Titan FX – Blade | 18.17 | 8.10 | 0.93 | 1.45 | 2.93 | 0.94 | 2.27 | 1.85 | 1.96 | 4.92 | 0.28 | 0.02 |
Axi – Pro | 25.47 | 2.30 | 0.54 | 1.15 | 1.83 | 0.72 | 1.43 | 1.47 | 1.10 | 2.00 | 0.16 | 0.02 |
IC Markets – Raw | 15.10 | 3.00 | 0.80 | 1.45 | 2.28 | 0.98 | 2.43 | 1.20 | 1.85 | 0.90 | 0.15 | 0.03 |
FBS – Standard | 40.80 | 1.81 | 1.24 | 1.90 | 2.80 | 1.69 | 2.51 | 2.05 | - | 5.32 | 0.30 | 0.03 |
RoboForex – ECN | - | - | 0.69 | 1.17 | 1.98 | 0.82 | 2.17 | 1.32 | - | 1.69 | 0.13 | 0.01 |
Vantage Markets – Raw ECN | 14.64 | 2.61 | 0.94 | 1.53 | 2.07 | 0.83 | 2.32 | 0.82 | - | - | 0.14 | 0.03 |
Oanda – Standard | 70.21 | 5.92 | 0.43 | 2.41 | 6.77 | 1.75 | 0.95 | 2.38 | - | 4.98 | - | - |
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.
Broker | Best | Average | NZDUSD Swap Short | NZDUSD Swap Long | USDJPY Swap Short | USDJPY Swap Long | XAUUSD Swap Short | XAUUSD Swap Long |
---|---|---|---|---|---|---|---|---|
Titan FX | - | -4.24 | -0.22 | -0.27 | -1.17 | 0.75 | 15.36 | -39.88 |
Axi | Best | -1.57 | -0.04 | -0.13 | -2.65 | 1.40 | 20.00 | -28.00 |
IC Markets | - | -2.27 | -0.10 | -0.14 | -2.59 | 1.25 | 20.78 | -32.84 |
FBS | - | -4.38 | -0.14 | -0.06 | -2.87 | 0.63 | 6.05 | -29.90 |
RoboForex | - | -5.81 | -0.23 | -0.30 | -3.56 | 1.22 | -3.00 | -29.00 |
Vantage Markets | - | -2.34 | -0.19 | -0.25 | -2.72 | 1.03 | 18.90 | -30.80 |
Oanda | - | - | 0.00 | 0.00 | 15.00 | 0.09 | 0.00 | 0.00 |
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.
Fee Type | Details |
---|---|
Withdrawal Fees | Titan FX does not charge any withdrawal fees for most payment methods. However, fees may apply for specific methods, such as bank transfers. |
Inactivity Fees | Titan FX does not charge inactivity fees, which is beneficial for traders who may not trade frequently. |
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
Platform | Device Compatibility | Automated Trading | Programming Language | Ease of Learnability |
---|---|---|---|---|
MetaTrader 4 | Desktop, Mobile, Web | Yes | MQL4 | Moderate |
MetaTrader 5 | Desktop, Mobile, Web | Yes | MQL5 | Moderate |
Titan FX Social | Mobile | - | - | - |
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?
Asset Class | Number of Instruments |
---|---|
Forex CFD | 60 |
Crypto CFD | 40+ |
Stock CFD | 140+ |
Stock Index CFD | 21 |
Commodities CFD | 23 |
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.
Websites |
partners.titanfx.com
titanfx.com
|
Organic monthly visits | 250,046 (100%) |
Organic traffic rank | 85 out of 941 (Forex Brokers) |
Paid monthly visits | 687 (0%) |
Total monthly visits | 250,733 |
Bounce rate | 40% |
Pages per visit | 4.02 |
Average visit duration | 00:02:33.7660000 |
Titan FX Profile
Company Name | Titan FX Limited |
Categories | Forex Brokers, Cryptocurrency Brokers, Forex Rebates, Cryptocurrency Rebates |
Primary Category | Forex Brokers |
Year Founded | 2014 |
Headquarters | Vanuatu |
Office Locations | Vanuatu |
Account Currency | EUR, JPY, SGD, USD |
Support Languages | Chinese, English, Japanese, Korean, Spanish, Thai, Vietnamese |
Funding Methods | Bank Wire, Credit/Debit Card, Neteller, Skrill, SticPay, Bitwallet |
Financial Instruments | Forex, Indices, Oil/Energies, Cryptocurrencies, Metals |
Prohibited Countries | Iran, New Zealand, United States, Vanuatu |
Titan FX User reviews
Newer user ratings have greater impact than older ratings and user ratings have no impact after 5+ years old. The more reviews a company receives, the higher the maximum possible aggregate user rating. After 100 reviews a company can receive the highest rating, which is an average of their user ratings.
Titan FX Cashback rebates
Zero Standard | Zero Blade | |
Forex | 0.375 Pips | $1.125 Per Lot |
Oil / Energies | 0.075 Pips | $0.30 Per Lot |
Metals | 0.075 Pips | $0.30 Per Lot |
Indices | 0.75 Points | $0.30 Per Lot |
Cryptocurrencies | $1.50 Per Lot | $0.75 Per Lot |
Payment Options |
Monthly Cash Back
|
Zero Standard | |
Forex | 0.375 Pips |
Oil / Energies | 0.075 Pips |
Metals | 0.075 Pips |
Indices | 0.75 Points |
Cryptocurrencies | $1.50 Per Lot |
Payment Options |
Monthly Cash Back
|
Zero Blade | |
Forex | $1.125 Per Lot |
Oil / Energies | $0.30 Per Lot |
Metals | $0.30 Per Lot |
Indices | $0.30 Per Lot |
Cryptocurrencies | $0.75 Per Lot |
Payment Options |
Monthly Cash Back
|
What are Titan FX rebates?
Many traders initially believe there must be higher costs elsewhere to compensate, however they soon find there is no catch and Forex rebates truly reduce the costs of the transaction and improve their bottom line.
How do Titan FX rebates work?
When you link a new or existing forex trading account to us the broker pays us part of their spread or commission profit for every trade you make as compensation for referring a customer to them. We then share the majority of our revenue with you, paying you a cash rebate for each trade you make as thank you for signing up with us.Unlike some of our competitors your spreads will never increase as a result of using our service! The only difference is: as our client you earn extra cash per trade, making trading through us more profitable than opening direct with the broker. Founded in 2007, we are the original and leading provider of forex rebates. We pay rebates to over 100,000 accounts and traders love our helpful 24 hour live chat, telephone and email support.
How much Titan FX rebates can I earn?
Titan FX Regulation / Money Protection
Company | Licenses & Regulations | Segregated Client Money | Deposit Compensation Scheme | Negative Balance Protection | Rebates | Max. Leverage Retail Clients |
---|---|---|---|---|---|---|
Titan Markets | 500 : 1 | |||||
Titan FX Limited | 500 : 1 | |||||
Goliath Trading Limited | 500 : 1 | |||||
Atlantic Markets Limited | 500 : 1 |
Titan FX Promotions
Titan FX Symbols
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