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Do you want to know which is the better broker between FIBO Group and Titan FX ?
In the table below, you can compare the features of FIBO Group , Titan FX side by side to determine the best fit for your needs.
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EURUSD:22.94
XAUUSD:15.22
EURUSD: -7.24 ~ 2.28
XAUUSD: -40.38 ~ 15.56
You can determine the reliability and credibility of a broker by checking four factors:
1.Forex broker introduction。
2.Are the transaction costs and expenses of fibo-group, titan-fx lower?
3.Which broker is safer?
4.Which broker provides better trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
Feature | Detail |
Registered Country/Region | The Virgin Islands |
Found | 1998 |
Regulation | CYSEC & BaFin |
Market Instrument | Forex CFDs, spot metals, cryptocurrencies |
Account Type | MT5 NDD, cTrader NDD, MT4 NDD No Commission, MT4 NDD, MT4 Fixed, and MT4 Cent |
Demo Account | yes |
Maximum Leverage | 1:1000 |
Spread | Vary on the account type |
Commission | Vary on the account type |
Trading Platform | MT4, MT5, cTrader |
Minimum Deposit | $0 |
Deposit & Withdrawal Method | Bank Wire Transfer, Bank Card or e-payment systems |
FIBO Group, a trading name of FIBO Group Holdings Limited, is an online financial dealer, established in 1998 with four offices worldwide in Shanghai, Alma-Ata, Limassol, and Munich.
FIBO Group, or International Financial Holding FIBO Group, is an international financial holding company that was established in 1998. It offers online trading services, primarily in the foreign exchange market, but also provides a platform for the trading of CFDs, commodities, and cryptocurrencies. Headquartered in Vienna, Austria, the company has a global presence with subsidiaries in the British Virgin Islands, Cyprus, Australia, Singapore, and Russia, as well as offices in several other countries. FIBO Group started as an investment consulting firm and evolved into a prominent player in the forex market, and in 2017 it expanded into cryptocurrency derivatives.
Here is the home page of this brokers official site:
FIBO Group is under the regulations of several regulation authorities, including CySEC in Crypus ( Regulatory license no. 182/11), BaFin in Germany (Regulatory license no.124031), a European Authorized Representative license from FCA (revoked) in the UK, with registration number 532885, and an offshore retail forex license from FSC in the Virgin Islands ( regulatory license number SIBA/L/14/1063).
Note: The screenshot date is January 30, 2023. WikiFX gives dynamic scores, which will update in real-time based on the broker's dynamics. So the scores taken at the current time do not represent past and future scores.
FIBO Group presents a range of advantageous features for traders. Firstly, they offer multiple trading platforms, ensuring flexibility and choice. Competitive spreads are provided across various trading instruments, contributing to cost-efficiency. The availability of flexible leverage options allows traders to tailor their exposure according to their risk preferences. FIBO Group also caters to diverse trading needs through a variety of account types. In addition, they provide valuable trading tools, including market sentiment data, economic calendars, and trading signals, enhancing decision-making capabilities. Traders can further benefit from the educational resources offered by FIBO Group's Academy, which includes webinars and a comprehensive glossary. It's important to note that PAMM account availability may be limited on certain platforms, and customer support availability may primarily be on weekdays.
Pros | Cons |
Multiple Trading Platforms | Limited Availability of PAMM Accounts |
Competitive Spreads | Limited Customer Support Availability |
Flexible Leverage Options | |
Diverse Account Types | |
Additional Trading Tools | |
Educational Resources |
FIBO Group offers mainstream and popular financial products in the global financial market for investors, including forex (60 currency pairs), precious metals (gold and silver), cryptocurrencies (Bitcoin, Ethereum, Litecoin, Zcash, Dash, Monroe), CFDs, etc.
CFD Trading:
CFD trading, which stands for Contract for Difference, allows traders to speculate on the price movements of various financial instruments, such as currencies, shares, commodities, and indices. Traders do not own the underlying asset but rather enter into a contract based on the price difference between the opening and closing of the trade.
Spot Metals:
FIBO Group provides access to spot metals trading, particularly gold and silver. Spot metals are traded based on the current market price and allow traders to take advantage of price movements in these precious metals.
Forex:
Forex, also known as foreign exchange, involves the trading of currencies. It is the largest and most liquid financial market globally, where traders aim to profit from fluctuations in currency exchange rates. FIBO Group offers a wide range of currency pairs for forex trading.
Cryptocurrencies:
FIBO Group also enables trading in cryptocurrencies, which are digital assets that utilize cryptographic technology. Traders can speculate on the price movements of popular cryptocurrencies like Bitcoin, Ethereum, and others. Cryptocurrency trading with FIBO Group is typically conducted through CFDs, allowing traders to benefit from price speculation without owning the actual digital tokens.
By offering these market instruments, FIBO Group provides traders with a diverse range of opportunities to participate in global financial markets and capitalize on price fluctuations across different asset classes.
MT4 Cent Account:
The MT4 Cent Account is designed for traders who want to start with smaller amounts. It operates on the market maker order execution technology. This account has a minimum deposit requirement of 0 cents, making it accessible to those with limited funds. The account uses the fifth decimal point, allowing for more precise pricing. The minimum lot and volume step are set at 0.01, providing flexibility in trade sizes. The spread starts from 0.6 pips, and there is no commission charged. The leverage offered is 1:1000, allowing traders to amplify their positions. The stop out level is set at 20%, meaning positions will be automatically closed if the account equity falls below this threshold. The account currency options include USD cent and GLD Cent1. CFD trading is not available in this account. Traders can access 32 currency pairs and can have a maximum of 50 open orders. The maximum order volume is set at 100 lots or 1 standard lot. Managed account (PAMM) feature is not available in this account.
MT4 Fixed Account:
The MT4 Fixed Account is suited for traders who prefer a fixed spread model. It also operates on the market maker order execution technology. The minimum deposit requirement for this account is $50. The account uses a standard four decimal point pricing system. The minimum lot and volume step are the same as the MT4 Cent Account, set at 0.01. The spread starts from 1 pip, and no commission is charged. The leverage offered is 1:200. The stop out level is set at 20%. The account currency options include EUR, USD, RUR, CHF, and GBP. CFD trading is available in this account. Traders can access 43 currency pairs, although information regarding the maximum open orders and maximum order volume is not provided. The account offers a managed account (PAMM) feature, allowing traders to invest in PAMM accounts and allocate funds to professional traders.
MT4 NDD Account:
The MT4 NDD Account operates on the No Dealing Desk (NDD) order execution technology, providing traders with direct market access. The minimum deposit requirement is $50. The account uses the fifth decimal point for precise pricing. The minimum lot and volume step are set at 0.01, similar to the other MT4 accounts. The spread starts from 0 pips, but there is a commission of 0.003% charged based on the transaction amount. The leverage offered is 1:400, providing increased buying power. The stop out level is set at 50%, allowing for more flexibility in margin requirements. The account currency options include EUR, USD, and GLD2. CFD trading is available in this account. Traders can access 32 currency pairs, and the account offers a managed account (PAMM) feature.
cTrader NDD Account:
The cTrader NDD Account is designed for traders who prefer the cTrader platform and the benefits of No Dealing Desk (NDD) execution. The minimum deposit requirement for this account is $50. The account uses the fifth decimal point for precise pricing. The minimum lot and volume step are the same as the other accounts, set at 0.01. The spread starts from 0.8 pips, and there is no commission charged. The leverage offered is 1:400. The stop out level is set at 50%. The account currency options include EUR, USD, GLD2, BTC3, and ETH4, providing additional flexibility. CFD trading is not available in this account. Traders can access 32 currency pairs, and the account offers a managed account (PAMM) feature.
MT5 NDD Account:
The MT5 NDD Account is designed for traders who prefer the MT5 platform and direct market access through No Dealing Desk (NDD) execution. The minimum deposit requirement for this account is $50. The account uses the fifth decimal point for precise pricing. The minimum lot and volume step are set at 0.01. The spread starts from 0 pips, and there is a commission of 0.005% charged based on the transaction amount. The leverage offered is 1:400. The stop out level is set at 50%. The account currency option is limited to USD. CFD trading is not available in this account. Traders can access 33 currency pairs, and information regarding the maximum open orders and maximum order volume is not provided. The account offers a managed account (PAMM) feature.
Demo Account: A demo account is a practice account that allows traders to simulate trading without using real money. It is useful for learning and testing trading strategies in a risk-free environment.
7. Managed Account:
The Managed Account option is available only for the MT4 Fixed and MT4 NDD account types. With a Managed Account, clients can have their trading account managed by a professional fund manager. The fund manager trades on behalf of the client, aiming to generate profits. However, the availability of Managed Accounts may be subject to certain conditions and requirements set by the broker.
It is important for clients to thoroughly understand the terms and conditions, fees, and risks associated with managed accounts before opting for this service.
FIBO Group provides leverage to traders, which is the capital offered by the broker to potentially amplify funds by using a ratio of the trader's capital to the broker's credit. While leverage presents an opportunity to increase funds, it's important for traders to understand that higher leverage also comes with higher risks. FIBO Group adheres to regulatory restrictions, offering leverage ratios of up to 1:30 for major currency pairs and 1:10 for commodities, while the MT4 Cents account offers leverage up to 1:1000 and NDD accounts offer leverage up to 1:400.
Spreads and Commissions
Forex brokers generate income through commissions and spreads. Commissions refer to the fees charged by brokers for facilitating trades, and they vary depending on the instrument and account type. FIBO Group does not charge commissions on its MT4 Cent and MT4 Fixed accounts.
On the other hand, spreads are the difference between the bid price (the price at which traders can sell) and the ask price (the price at which traders can buy). Spreads can be either variable or fixed, depending on market conditions such as interest rates. FIBO Group offers a range of spreads, with minimum spreads ranging from 0 pips to 2.0 pips, depending on the specific account type.
Additionally, some brokers impose rollover or swap fees for positions held open overnight. These fees are determined by the interest rate differential between the currency pairs involved in the open position.
For the MT4 NDD, cTrader NDD, and MT5 NDD accounts offered by FIBO Group, commissions are charged ranging from 0.003% to 0.005% of the transaction amount. It's important to note that the specific fees may vary depending on the account type and trading conditions.
Overall, understanding the fees involved in trading is essential for traders to manage their costs and make informed decisions when choosing a broker.
1. Sign up-Creating your Client Area. The first stage of registration with the company is creating your Client Area. To do this, you need to indicate your email address and phone number in the sign-up form on the site.
2. Verification of email, phone number and proof of identity. To verify your email, this broker will send you an email to the address you indicate while signing up. Click the link in the message to confirm your email address.
3. Depositing funds to your account and starting trading.
The minimum spread for MT4 Cent Accounts is 0.6 pips, with no commission. The minimum spread for MT4 Fixed Accounts is 2 pips, with no commission. The minimum spread for MT4 NDD Accounts is 0 pips, and the commission is 0.003% of the trading volume. MT4 NDD No-Commission Account has a minimum spread of 0.8 pips. cTrader NDD Accounts has a minimum spread of 0 pips, and the commission is 0.003% of the trading volume. MT5 NDD Account has a minimum spread of 0 pips, and the commission is 0.005% of the trading amount.
FIBO Group provides traders with a choice of three reliable and widely-used trading platforms. The cTrader platform offers direct trading with international banking institutions and features high-speed order execution, customizable indicators, and market depth display. The MetaTrader 4 platform is customizable and user-friendly, with a range of technical indicators, strategy tester, and one-click trading. The MetaTrader 5 platform offers multi-asset trading, advanced strategy tester, netting and hedging modes, and comprehensive analytical tools such as built-in indicators, financial news, and an economic calendar. All platforms are available on desktop, Android, and iOS devices, catering to traders' diverse needs and preferences.
cTrader Tools is a collection of features and functionalities available on the cTrader trading platform. Two notable features include:
cTrader Mirror: This feature enables social trading, allowing traders to become either strategy providers or investors. Strategy providers can share their trading strategies and allow other traders to copy their trades. Investors, on the other hand, can browse and select strategies to automatically replicate trades in their own accounts.
cAlgo: cAlgo is a platform within cTrader that allows users to create custom indicators, trading robots, and other software using the C# programming language. Traders can develop their own tools and automate their trading strategies based on their unique requirements.
PAMM Accounts:
PAMM (Percentage Allocation Management Module) Accounts are investment accounts offered by some brokers. Here are key points regarding PAMM accounts:
Manager and Investor Options: PAMM accounts allow clients to participate either as a manager or an investor. Managers are responsible for trading on behalf of investors, while investors provide the funds to be traded.
Diversification and Risk Preferences: Investors can choose from various PAMM accounts based on their risk preferences. Each account may have different trading strategies and risk levels, providing options for diversification and accommodating different investor profiles.
Performance and Risk: It's important to note that while PAMM accounts offer potential profitability, there is no guarantee of returns. Past performance of PAMM managers is not indicative of future results, and investors should carefully consider the risks involved.
Assets Management:
Assets Management is a service offered by the FIBO Group that allows clients to invest in portfolios managed by experienced asset managers. Here are some key points about this service:
Portfolio Options: FIBO Group offers various portfolios to suit different risk preferences and financial goals. Clients can choose from a range of portfolios that align with their investment objectives.
Performance-based Fees: Asset managers charge performance-based fees, meaning their compensation is tied to the performance of the portfolio. If the portfolio performs well, the manager receives a higher fee, incentivizing them to strive for positive returns.
Market Sentiment:
Market Sentiment is a feature that provides real-time trade statistics to assist traders in gauging market sentiment. Here are some details:
Real-time Trade Statistics: Market Sentiment offers traders access to real-time trade statistics. These statistics are derived from aggregated data obtained from clients' accounts, providing insights into the prevailing market sentiment.
Market Analysis:
FIBO Group's analyst team regularly provides updates on news, events, and fundamental factors that impact the financial markets. Key points about Market Analysis include:
Expert Insights: FIBO Group's analyst team shares their analysis and commentary on various financial markets, helping traders stay informed about significant market developments.
Economic Calendar:
The Economic Calendar is a customizable tool that displays important economic events, analysts' forecasts, and historical data. Here's what you should know about it:
Event Tracking: The Economic Calendar tracks significant economic events, such as interest rate decisions, GDP releases, and employment reports. It also includes forecasts and historical data for reference.
Trading Signals:
Trading Signals are available on the MT4 and MT5 trading platforms. Here's an overview of this feature:
Signal Services: Clients can search for and subscribe to signal services provided by other traders. These signals can be used to receive trade recommendations, helping traders make informed trading decisions.
The deposit method supports SWIFT ( deposit accepting EUR & USD, the commission generally 35 to 50 US dollars, and the transfer time takes 2-5 working days; the withdrawal accepting EUR, USD, BGP & CHF, and the withdrawal fee usually 35 to 50 US dollars.), UnionPay (accepting RMB, no commission, credited immediately after payment is successful), VISA/MASTERCARD (deposit accepting EUR & USD, no commission, credited immediately after payment is successful; withdrawal accepting EUR & USD, and the commission 2.5%+1.5 Euros), RegularPay (accepting EUR and USD, no commissions, through the RegularPay system processing centre to use bank cards to inject funds; withdrawal accepting EUR &USD, with a withdrawal fee of 10 dollars or other equivalent amounts), ZOTAPAY (supporting RMB, no commission for deposits, the payment is processed immediately when the invoice is paid, and the withdrawal with 2.2% commission), Neteller (supporting EUR &USD, no commission), WebMoney (deposits and withdrawals both supporting EUR &USD, a commission of 0.8% is charged, and it will be credited automatically after successful payment). The company also supports a series of cryptocurrency deposits and withdrawals.
The customer support team at FIBO Group operates from multiple office locations and is available from Monday to Friday. They offer support in up to 12 languages, which is advantageous for non-English speakers. You can easily reach the support team through online instant web chat, email, and dedicated phone lines for different regions. Additionally, the website provides a helpful FAQ section for quick answers to common queries. FIBO Group is also active on various social media platforms, providing additional channels for communication.
FIBO Group offers a comprehensive educational resource called the FIBO Group Academy, which caters to both beginner and experienced traders. This shows their commitment to providing traders with the knowledge they need to make informed decisions. The Academy brings together experienced teachers and practicing traders who aim to help participants understand the fundamental principles of financial markets and apply their knowledge effectively.
One of the educational resources provided by FIBO Group is webinars. These video courses are conducted by experienced traders who cover topics such as the basics of forex trading, terminology, and trading instruments in the forex market. The webinars can be accessed online and are available for on-demand viewing in case participants are unable to attend the live sessions.
Additionally, FIBO Group's website features a glossary that contains over 230 trading-related terms and their explanations. This searchable glossary allows traders to familiarize themselves with important trading terms that they may encounter in their trading journey.
Overall, FIBO Group's educational resources serve as valuable tools for traders to enhance their understanding of the financial markets and improve their trading skills.
FIBO Group is a well-established brokerage firm with a strong reputation in the industry. They provide access to multiple trading platforms, including cTrader, MetaTrader 4, and MetaTrader 5, offering a wide range of trading instruments such as forex, CFDs, and futures. The company offers competitive spreads, flexible leverage options, and various account types to suit different trading preferences. Traders have access to a range of tools and resources, including market analysis, economic calendars, and trading signals, which can help them make informed trading decisions. FIBO Group also offers educational resources through their Academy, including webinars and a comprehensive glossary, to enhance traders' knowledge and skills.
Overall, FIBO Group offers a comprehensive trading experience with its diverse range of platforms, competitive trading conditions, and additional trading tools. The provision of educational resources demonstrates their commitment to supporting traders in their journey.
Q1: What trading platforms does FIBO Group offer?
A1: FIBO Group offers cTrader, MetaTrader 4 (MT4), and MetaTrader 5 (MT5) as trading platforms.
Q2: What is the minimum deposit requirement for opening an account with FIBO Group?
A2: The minimum deposit requirement to open an account with FIBO Group is $100.
Q3: What is the maximum leverage available for trading with FIBO Group?
A3: FIBO Group offers leverage of up to 500:1, allowing traders to control larger positions with a smaller initial investment.
Q4: Does FIBO Group charge commissions on all account types?
A4: No, FIBO Group does not charge commissions on the MT4 Cent and MT4 Fixed account types. However, commissions are charged on the MT4 NDD, cTrader NDD, and MT5 NDD accounts.
Q5: What customer support options are available at FIBO Group?
A5: FIBO Group provides customer support through online live chat, email, and dedicated phone lines. Their support team operates from Monday to Friday and offers assistance in multiple languages.
Q 1: | At FIBO Group, are there any regional restrictions for traders? |
A 1: | Yes. The services of FIBO Group are not provided to residents of the United Kingdom, North Korea and the USA. |
Q 2: | Can I have more than one account? |
A 2: | Yes, you may open more than one account with FIBO Group. To open an additional account you should log in to your client area and click “Open a new trading account.” It is not necessary to submit your ID and Utility bill again (Unless the details have changed). |
Q 3: | Can I trade with an EA (Expert Advisor or robot)? |
A 3: | Yes, you may trade with any forex Expert Advisors you like. |
Q 4: | What is the minimum deposit for FIBO Group? |
A 4: | There is no minimum initial deposit requirement. |
Q 5: | Is FIBO Group a good broker for beginners? |
A 5: | Yes. FIBO Group is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 and MT5 platforms. Also, it offers demo accounts that allow traders to practice trading without risking any real money. |
Titan FX Review Summary | |
Registered in | Vanuatu |
Founded | 2014 |
Registered | Vanuatu |
Regulated | FSA/VFSC (Offshore), FSC (Suspicious clone) |
Trading Instruments | 250+, Forex, cryptocurrencies, commodities, index CFDs, stock CFDs |
Demo Account | Available |
Max. Leverage | 1000:1 on Micro |
500:1 on Blade/Standard | |
EUR/USD Spread | 0.2 pips |
Trading Platforms | MT4, MT5, Webtrader, mobile trading, and Titan FX social |
Social Trading | Available |
Minimum Deposit | $0 on Micro |
$200 on Blade/Standard | |
Customer Service | 24/5 live chat, contact form |
Phone: +678 27 502, +1 (206) 745-5058 | |
Email: support@titanfx.com |
It is important to note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
In this review, if there is a conflict between the image and the text content, the text content should prevail. However, we recommend that you open the official website for further consultation.
Titan FX is an offshore regulated ECN forex broker broker that was established in 2014. The company offers a range of trading instruments, including orex, cryptocurrencies, commodities, index CFDs, and stock CFDs, as well as several account types with different features such as variable or ECN spreads, and high leverage. Titan FX operates on the MetaTrader 4 and 5 platforms, and offers multiple deposit and withdrawal options with no fees. The broker also provides educational resources such as market analysis and technical analysis, and has a customer support team available 24/5 through multiple channels.
In the following article, we will analyse the characteristics of this broker in all its dimensions, providing you with easy and well-organised information. If you are interested, read on.
Wide range of trading instruments including forex, commodities, and cryptocurrencies.
Advanced trading platforms such as MT4 and MT5 with social trading capabilities.
No deposit or withdrawal fees.
Multiple deposit options including credit/debit cards, bitwallet, and local bank transfers.
Excellent customer support through live chat, email, and social media platforms.
Educational resources available on the website, including market analysis, news, and forex basics.
Relatively high leverage for cryptocurrencies
Lack of good regulation, which may raise concerns for some traders.
4% withdrawal fee is applied if no trades are made on the account.
Titan FX operates under offshore regulation by the Seychelles Financial Services Authority (FSA, No. SD138) and the Vanuatu Financial Services Commission (VFSC, No. 40313), which may not offer the same level of oversight as more stringent regulatory bodies like the FCA or SEC.
Additionally, the presence of a suspicious clone British Virgin Islands Financial Services Commission (FSC, No. SIBA/L/23/1124) license raises concerns about potential risks associated with authenticity and security.
However, Titan FX does implement some risk management measures such as offering negative balance protection and maintaining segregated accounts to protect clients' funds. These features help mitigate some risks but do not fully compensate for the lack of robust regulatory oversight. Prospective clients should exercise caution and conduct thorough due diligence when considering trading with Titan FX, weighing the benefits of its trading offerings against the potential regulatory risks.
Titan FX offers a diverse range of over 250 trading instruments, including forex, cryptocurrencies, commodities, index CFDs, and stock CFDs. With such a wide variety of instruments, traders have a greater opportunity to diversify their portfolios and access different markets. Forex pairs available for trading include majors, minors, and exotics, while commodity trading covers energies, softs, and metals. The indices offered by Titan FX include major global indices such as the S&P 500, FTSE 100, and Nikkei 225. The company also offers trading in popular cryptocurrencies such as Bitcoin, Ethereum, and Litecoin, along with popular stocks such as Apple, Amazon, and Tesla.
Titan FX offers a range of trading account types that cater to different trading needs and styles. The Standard Account is a commission-free forex trading account suitable for discretionary traders and low-volume traders. The Blade Account is suitable for high-volume traders, EA traders, and scalpers. The Micro Account is an account for traders that want to start with zero commission fees, a smaller initial deposit, and better risk control.
The accounts can be opened with a low initial investment of just $200 or even $0, and a free demo account is also available. Base currencies include US dollar, Euro, Japanese yen, Singapore dollar. One of the great things about Titan FX's account types is that there are no account opening or maintenance fees.
Titan FX offers leverage options of up to 1:500 for the Standard and Blade accounts and 1:1000 for the Micro account. The leverage option for cryptocurrencies is up to 1:100.
Account Type | Leverage |
Standard | 500:1 |
Blade | |
Micro | 1000:1 |
High leverage enables traders to amplify their positions and potentially increase their profits, even with a smaller capital investment. However, it is important to note that high leverage also increases the risk of significant losses if the market moves against a trader's position. Therefore, it is crucial for traders to manage their risk effectively and use leverage wisely. While high leverage can be advantageous for experienced traders, novice traders should exercise caution and start with lower leverage ratios until they gain sufficient knowledge and experience.
Titan FX offers competitive spreads on all trading accounts, with some of the tightest spreads available in the forex market.
Account Type | Spread | Commission |
Standard | Institutional grade STP spreads | $0 per trade |
Blade | Raw ECN spreads from 0.0 pips | $3.5 per 100k traded |
Micro | Institutional grade STP spreads | $0 per trade |
Titan FX offers a range of spread and commission structures tailored to different types of traders, providing competitive conditions across its account offerings. For those using the Standard and Micro accounts, the broker provides institutional grade STP (Straight Through Processing) spreads, allowing for transparent pricing without any commission charges. This setup is ideal for traders who prefer a simpler cost structure and are perhaps newer to the forex market.
On the other hand, more experienced traders might opt for the Blade account, which features Raw ECN (Electronic Communication Network) spreads starting from as low as 0.0 pips. This account does carry a commission of $3.5 per 100k traded, reflecting the direct access to underlying market prices and the minimal spread markup.
Titan FX offers a range of trading platforms to suit different trading styles and preferences. Traders can choose from the popular MetaTrader 4 and 5 platforms, which offer advanced charting tools, a wide range of technical indicators, and support for automated trading through expert advisors (EAs) and custom indicators. Titan FX also offers its proprietary social trading platform, which allows traders to follow and copy the trades of successful traders in real-time. This platform is user-friendly and requires no installation or additional software.
Titan FX offers multiple options for deposits and withdrawals, including credit/debit card (Visa, MasterCard), bitwallet, Sticpay, Skrill, Neteller, Bank transfer, cryptocurrencies, and Perfect Money (only for withdrawal). There are no deposit or withdrawal fees, and some methods allow for instant clearing of funds to the trading account. The ability to transact in multiple currencies, including USD, EUR, JPY, and SGD, provides flexibility for traders. However, a withdrawal fee of 4% will be applied if no trades are made on the account, and receipt of funds into the account can depend on the withdrawal method used and payment provider. Local Japanese bank transfer only accepts JPY, and cryptocurrency deposit processing time may depend on blockchain.
Payment Method | Minimum Deposit | Deposit/Withdrawal Fee | Withdrawal Processing Time |
Credit card (Visa, MasterCard) | / | Free | Instant |
Sticpay | 30 USD or equivalent | Free | Instant |
Skrill | 10 USD or equivalent | Free | Within 1 business day |
Neteller | 10 USD or equivalent | Free | Instant |
Perfect Money (only withdrawal) | / | Free | Instant |
bitwallet | / | Free | Instant |
Local Japanese bank transfer | 5,000 JPY | Free | Within 2-3 business days |
cryptocurrencies | / | Free | Instant |
Educational resources are an important aspect of any trading platform, and Titan FX provides a range of resources for its clients. These resources include market analysis, news, forex basics, and technical analysis. The platform offers daily market analysis, which includes an economic calendar, market news, and technical analysis reports. This helps traders stay informed about market trends and events that may impact their trading strategies. Additionally, Titan FX provides forex basics resources, such as trading guides and glossaries, which can be particularly useful for novice traders. Technical analysis resources are also available, including charting tools, indicators, and expert advisors (EAs), which can help traders make informed trading decisions.
Titan FX offers several channels for customer care, including live chat, contact form, phone, email, and social media. Customer support is available 24/5 in multiple languages.
Titan FX is committed to providing exceptional customer service, offering a variety of channels to ensure clients can reach out for support conveniently. The broker offers 24/5 live chat, ensuring quick responses to any inquiries during trading hours. Additionally, customers can contact Titan FX through dedicated phone:+678 27 502, +1 (206) 745-5058, or via email: support@titanfx.comfor more detailed queries. For those preferring written communication, a contact form is also available on their website.
Titan FX's head office is located in Poteau 564/100, Rue De Paris, Pot 5641, Centre Ville, Port Vila, Republic of Vanuatu. They maintain a strong social media presence on platforms like Facebook and LinkedIn, providing updates and engaging with clients.
Furthermore, Titan FX has an extensive FAQ section that covers a wide range of topics from basic company information to specific trading conditions and VPS services.
Titan FX offers a range of enticing promotions designed to enhance the trading experience for its clients. One notable offer is the Free VPS promotion, which is ideal for traders who use Expert Advisors (EAs). To qualify, traders need to trade at least 5 lots and maintain a balance of over $5,000, allowing them to subscribe to Beeks VPS for free, ensuring faster and more reliable automated trading.
Additionally, Titan FX has a Refer a Friend program that benefits both the referrer and the referee; each can earn $50 when the referred friend registers and verifies an account, with the bonus being fully withdrawable.
Furthermore, Titan FX hosts exciting trading competitions such as the June Tournament where participants trade with virtual funds but compete for real cash prizes totaling $3,500. This competition is open to everyone and adds a competitive edge to trading with substantial rewards.
In conclusion, Titan FX offers traders a wide range of trading instruments and platforms to choose from, along with a range of account types to cater to different trading styles and preferences. With low spreads, competitive commissions, and high leverage options, traders can take advantage of market opportunities to potentially maximize profits. The company also offers a range of deposit and withdrawal options with no fees attached, making it easy and convenient for traders to manage their accounts. Additionally, the educational resources and customer support provided by Titan FX ensure that traders have access to the knowledge and assistance they need to make informed trading decisions.
However, the company's lack of good regulation may pose a risk to traders. Overall, Titan FX offers a reliable and competitive option for traders looking to enter the global financial markets.
Is Titan FX regulated?
Yes, Titan FX is offshore regulated by FSA and VFSC.
What are the trading platforms offered by Titan FX?
MT4, MT5, Webtrader, mobile trading, and Titan FX social.
Does Titan FX charge any fees for deposits or withdrawals?
No. Titan FX does not charge any deposit or withdrawal fees, but some payment providers may charge fees for transactions.
What is the maximum leverage offered by Titan FX?
Up to 1:500 for zero standard and zero blade accounts, 1:1000 for zero micro accounts, and 1:100 for cryptocurrencies.
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive fibo-group and titan-fx are, we first considered common fees for standard accounts. On fibo-group, the average spread for the EUR/USD currency pair is from 0 pips, while on titan-fx the spread is --.
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
fibo-group is regulated by FCA,CYSEC,FSC. titan-fx is regulated by FSC,FSA,VFSC.
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
fibo-group provides trading platform including MT5 NDD,cTrader NDD ,MT4 NDD No Commission,MT4 NDD,MT4 Fixed,MT4 Cent and trading variety including --. titan-fx provides trading platform including Micro,Standard,Blade and trading variety including 30+ currency pairs, precious metals.