Titan FX is a Vanuatu-based Forex broker founded in 2014, with the slogan "The industry's lowest spread". It is rapidly gaining fame and popularity, especially among scalping traders. The biggest feature of Titan FX is favorable trading conditions, and the most attractive point is the highly competitive spread.
Another attractive aspect of Titan FX is its favorable leverage conditions. It is possible to trade with high leverage up to 1:500 for Forex and CFD, and since the zero cut method without additional margin is implemented, it is possible to realize maximal financial efficiency while ensuring safety. Furthermore, even if the balance or position increases, the leverage does not decrease, so it is popular with traders who want to deposit a large amount of money and trade with high leverage.
There are three types of accounts provided by Titan FX: Standard and Micro accounts with the STP method and Blade accounts with the ECN method. Blade account is the most popular account for scalping. The average spread of Blade account is USD/JPY 0.3pips and EUR/USD 0.3pips, with a transaction fee of $ 3.5 (USD) per lot, which is one of the reasons why Titan FX is popular among scalping traders.
The Micro account, introduced in February 2023, allows trading with 100 units of currency, which is smaller than the minimum trade size of other accounts, 1,000 units. This means you can trade with less funds and lower risk.
The lack of any bonuses or incentives used to be pointed out as a downside of Titan FX, but since 2022, promotions have been held on a regular basis. It is still sporadic, and the offerings are still not as good as those of brokers whose bonuses are their selling points. However, Titan FX is one of the rare brokers that balances promotions and a high level of trading environment.
As for support, live chat is available 24/7, creating a safe and friendly environment not only for experienced spread-oriented traders but also for beginner users.
Titan FX has a relatively small number of CFD instruments, but at the end of 2020, it strengthened its stock index lineup and started handling the dollar index, VIX index (fear index), precious metals, cryptocurrencies, and soft commodities such as cotton and coffee, making Titan FX even more attractive.
[Email/Chat support] 365 days 24 hours
[Phone support] 1:00 am - 0:00am (Server time)
(*1)Matched orders between multiple accounts are prohibited.
[FX/Currency Pair]: 56(*1)
[CFD/Soft commodities]: 8(*7)
Monday 0:01 am - Friday 11:55 pm (Server time)
(*1)34 FX/Currency Pairs are tradeable with Micro account.
(*2)2 CFD/Metals are tradeable with Micro account.
(*3)CFD/Indices cannot be traded with Micro account.
(*4)CFD/Energy cannot be traded with Micro account.
(*5)1 CFD/Cryptocurrency is tradeable with Micro account and cannot be traded with MT4/Micro account.
(*6)CFD/Stock cannot be traded with MT4 and Micro accounts.
(*7)CFD/Soft commodities cannot be traded with Micro account.
(*8)The fee is per order (One way).Official Website
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