Pros, Cons, and Conclusion of Review – Titan FX
Pros of Titan FX
- Fast execution based on sophisticated technical infrastructure, such as zero-point technology and Equinix NY4 financial hub
- Narrow spread
- Maximum leverage is only “1:500” which is not affected by trade volume.
Cons of Titan FX
- Titan has only VFSC (Vanuatu) license
- No promotions, no bonus
Conclusion of Titan FX
Titan FX does not obtain other major licenses, such as FCA in UK and CySEC in Cyprus called “Tier1”, and ASIC in Australia called “Tier2” unlike other big forex brokers.
But Titan FX has been operating business for 6 years without serious problems, and is expanding its share with fast execution, low spread, and high leverage based on technical infrastructure, such as zero-point technology and Equinix NY4 financial hub. They are focusing on clients’ trading condition, without any marketing promotion. Their technology-oriented business strategy is quite clear and smart.
We will highly recommend Titan FX for Scalping traders and automatic EA (MT4/MT5) traders who seek narrow spread, high leverage, and fast execution.
Company profile and license
Company Name: Titan FX Ltd
Registered Office Address: 1st Floor, Govant Building, Kumul Highway, Port Vila, Vanuatu.
Titan FX has started operations in 2014. Titan FX business license is Securities Dealer License of Vanuatu Financial Services Commission (VFSC) in Republic of Vanuatu.
Trading Condition
Account Type
Titan FX offers 2 Account Types (Zero Standard and Zero Blade), and 2 Platforms (MetaTrader4 “MT4”, and MetaTrader5 “MT5”).
| ZERO STANDARD | ZERO BLADE | |
| Commission | No | 3.5USD per 100k traded |
| Types | Institutional grade STP spreads | Raw ECN Spreads from 0.0 pips |
| Description | Designed for beginner traders | Designed for advanced and EA traders |
| Zero Point™ Technology | Yes | Yes |
| One click trading | Yes | Yes |
| Trading instruments | 70+ currency pairs, commodities, shares and stock market indices | 70+ currency pairs, commodities, shares and stock market indices |
| funding and withdrawals | Secure 24/7 | Secure 24/7 |
| Minimum account opening balance | 200USD | 200USD |
| Minimum trade lot | 0.01 | 0.01 |
| Leverage | up to 1:500 | up to 1:500 |
| Trading styles | All allowed including scalping, hedging and EAs | All allowed including scalping, hedging and EAs |
| Platforms | MT4, MT5 | MT4, MT5 |
| Account currencies | USD, EUR, AUD, JPY, SGD | USD, EUR, AUD, JPY, SGD |
| Account opening or maintenance fees | No | No |
Trading Instruments
Forex: 57 currency pairs
| EURUSD | GBPUSD | AUDUSD | USDJPY | USDCHF | AUDCAD | AUDCHF | AUDNZD | AUDSGD | EURAUD |
| EURCHF | EURGBP | GBPAUD | GBPCHF | NZDUSD | AUDJPY | CADJPY | CHFJPY | EURJPY | GBPJPY |
| NZDJPY | ZARJPY | CADCHF | EURCAD | EURNZD | GBPCAD | GBPNZD | USDCAD | CHFSGD | EURCZK |
| EURSGD | EURZAR | GBPSGD | GBPTRY | NZDCAD | NZDCHF | SGDJPY | USDCNH | USDCZK | USDMXN |
| USDRUB | USDSGD | USDTHB | USDZAR | EURNOK | EURPLN | EURSEK | EURTRY | GBPNOK | GBPSEK |
| NOKJPY | NOKSEK | SEKJPY | USDNOK | USDPLN | USDSEK | USDTRY |
CFD Energy (Crude Oil): 4items, XBR/USD, XTI/USD, UKO/USD, USO/USD
CFD Precious Metals: 6items, XAUEUR, XAUUSD, XAGEUR, XAGUSD, XPDUSD. XPTUSD
CFD Stock indices: 9items, US500, US30, GER30, UK100, NAS100, JPN225, FRA40, EUSTX50, AUS200
Spread
Titan FX discloses average spread on the official website. In addition, Titan FX discloses “real time spread” on the official website.
Average Spreads of FX major currency pairs as follows.
| Standard Account (pips) | Blade Account (pips) | |
| URUSD | 1.2 | 0.2 |
| GBPUSD | 1.57 | 0.57 |
| AUDUSD | 1.52 | 0.52 |
| USDJPY | 1.33 | 0.33 |
| USDCHF | 1.92 | 0.92 |
in addition to above spread, in case of Blade account, Titan FX offers 3.5USD per 100k traded as “commission” (that means 3.5USD as one way, 7USD as two way).
Trading platform
Customers can choose from the MetaTrader 4 and 5 on PC or Mac, mobile trading apps for Apple iPhone and Android phone, tablet apps for Apple iPad and Android tablet.
Both MT4 and MT5 for each device can be downloaded from Tian FX official website for free.
Leverage
For both Zero Standard and Zero Blade account, Titan FX allows micro-lot size (0.01 lots, or 1000 units of currency) upwards. Clients can select their leverage up to 1:500, and either account can be opened with a low initial investment of just $200.
Stop out level
Titan FX offers Stop out level on all account is 20%.
The automated stop-out will occur when customers’ account equity falls below 20% of the margin requirement of customers’ trades. (Effective Margin ÷ Required Margin =< 20%)
Deposit and withdrawal methods
Titan FX allows deposit methods as follows.
| Payment Method | Account Currency | Deposit Fee |
| Credit or debit (Visa/Mastercard) |
USD, AUD, JPY, SGD or EUR | Free |
| Bitwallet | USD, JPY | Free |
| Sticpay | USD, AUD, JPY, SGD or EUR | Free |
| Neteller | USD, AUD, JPY, SGD or EUR | Possible fees |
| Skrill | USD, AUD, JPY, SGD or EUR | Possible fees |
Titan FX allows withdrawal methods as follows.
The funds requested must be withdrawn into the same account that the customers supplied and was validated for funding.
| Payment Method | Account Currency | Withdrawal Fee |
| Credit or debit (Visa/Mastercard) |
USD, AUD, JPY, SGD or EUR | Free |
| Bitwallet | USD, JPY | Free |
| Sticpay | USD, AUD, JPY, SGD or EUR | Free |
| Neteller | USD, AUD, JPY, SGD or EUR | Possible fees |
| Skrill | USD, AUD, JPY, SGD or EUR | Possible fees |
Brokerage Model
Titan FX adopts NDD (Non-Dealing Desk).
Standard account is based on STP, and Blade account are based on ECN
Fast execution
On official website of Titan FX, they disclose detail condition to achieve fast execution.
They adopt “Zero Point Technology” to achieve zero pip spreads and zero latency. They have multiple data centers in Asia, North America and Singapore, and have multiple servers housed in the Equinix NY4 financial hub, New York to achieve true low latency network, no requotes, high leverage available on all currency pairs, ECN spreads from zero pips
The Equinix Financial data center
Titan ECN grid is hosted in the state of the art Equinix NY4 secure data facility in New York, and has been optimized for rapid, reliable order execution with Titan FX’s banks and liquidity providers.
- Located in a dedicated forex hub alongside the servers of global banks, non-bank liquidity providers and institutional ECNs
- Lowest latency communications are assured, that means clients trades are placed immediately at the quoted price
- Team of server engineers is constantly monitoring and maintaining server performance within the data center
- Fail-over power supply and climate-controlled environment protects equipment from the elements and eliminates issues around power supply
Whether scalping is possible or not
Titan FX allows scalping and using automated trading tools called EA on MT4 or MT5.
Security of Clients’ Fund
Negative Balance Protection
Titan FX ensures that clients’ account never ends up as “negative balance”.
“Negative balance” means that clients bear debt as liability. Titan FX system is constantly monitoring customers trading account. If significant price movements in forex market which would lead to a negative balance happen, Titan FX resets clients’ account balance as 0 “zero”. As a result, clients NEVER lose money more than clients’ deposit, and clients NEVER bear debt. In other words, Titan FX covers (compensates) the costs of clients’ any additional losses.
Segregation of Funds
Clients’ funds are fully stored in a separate account that is completely independent of the operating capital of Titan FX. Titan FX adopts a “complete segregation management” policy, and the funds received from clients are always kept in cash in the clients trust account. Under this policy, clients’ funds will not be used to fund Titan FX operations.
Promotions
Titan FX does not offer any bonus and any promotions.
Other Points
Customer Support
Not only email, customer can use Live Chat 24/5 for any questions or concerns.
