No data
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Do you want to know which is the better broker between MRG and Titan FX ?
In the table below, you can compare the features of MRG , Titan FX side by side to determine the best fit for your needs.
--
--
EURUSD:18.02
XAUUSD:13.64
EURUSD: -7.2 ~ 2.15
XAUUSD: -40.48 ~ 15.75
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 mrg, 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:
Aspect | Information |
Registered Country/Area | Indonesia |
Founded Year | 2-5 years |
Company Name | PT. MRG Mega Berjangka |
Regulation | Suspected clone, lacks valid regulation |
Minimum Deposit | $300 (Silver account), $500 (Gold account), $5000 (Platinum account) |
Maximum Leverage | 1:100 (Gold and Platinum accounts), 1:200 (Silver account) |
Spreads | Gold account: starting from 2.3 pips, Silver account: starting from 0.8 pips, Platinum account: starting from 2.3 pips |
Trading Platforms | MT4/5 White Label |
Tradable Assets | Forex, Gold, US Index, Crude Oil |
Account Types | GOLD, SILVER, PLATINUM |
Demo Account | Not specified |
Islamic Account | Not specified |
Customer Support | Phone: +62 021 - 2976 5191, Email: customercare@mrgfutures.co.id |
Payment Methods | Local bank transfer |
Educational Tools | Provides trading mechanisms and trading tips |
MRG, also known as PT. MRG Mega Berjangka, is a financial brokerage firm based in Indonesia. However, there are suspicions regarding the legitimacy and regulatory status of this company. While MRG claims to be regulated by the Indonesian regulatory agency Badan Pengawas Perdagangan Berjangka Komoditi (BAPPEBTI) and the Jakarta Futures Exchange (JFX), these claims are suspected to be clones and the broker lacks valid regulation.
The company offers trading services through the MT4/5 White Label platform, providing access to various financial instruments such as Forex, gold, US indices, and crude oil. However, it is important to exercise caution when dealing with MRG due to the potential risks associated with its lack of valid regulation and suspicious claims.
Overall, potential investors should carefully consider the available information and exercise due diligence before engaging in any trading activities with MRG. It is advisable to seek alternative brokers with clearer regulatory statuses and a more transparent operating environment.
Equinox offers a range of pros and cons for traders to consider. On the positive side, it boasts low minimum deposit requirements, making it accessible to a wider range of individuals. Traders can also benefit from varying leverage ratios, allowing them to adjust their risk exposure. Equinox provides access to global markets, enabling traders to explore opportunities across different regions. Additionally, it offers the popular MT4 trading platform known for its user-friendly interface and advanced features. However, it's important to note the potential cons, such as the inherent risk involved in trading and the possibility of market volatility leading to losses. The available market instruments may be limited, and market conditions can impact liquidity. Traders should also be mindful of regulatory and geopolitical risks. Equinox provides multiple account options to cater to different trading preferences. Overall, traders should carefully assess these pros and cons to determine if Equinox aligns with their individual trading needs and risk tolerance.
Pros | Cons |
Low minimum deposit requirements | Market volatility can lead to losses |
Varying leverage ratios available | Trading involves inherent risk |
Access to global markets | Limited to the offered market instruments |
Offers the popular MT4 trading platform | Market conditions can impact liquidity |
Different commission structures | Regulatory and geopolitical risks |
Offers multiple account options |
Based on the information provided, PT. MRG MEGA BERJANGKA (formerly PT. ASKAP FUTURES) claims to be regulated by the Indonesian regulatory agency Badan Pengawas Perdagangan Berjangka Komoditi (BAPPEBTI) under license number 05/BAPPEBTI/SI/XII/2000. However, it is stated that this claim is suspected to be a clone and the broker currently has no valid regulation.
Additionally, PT. MRG MEGA BERJANGKA claims to be regulated by the Jakarta Futures Exchange (JFX) under license number SPAB-001/BBJ/09/00, but this claim is also suspected to be a clone.
Therefore, based on the information provided, it is advised to be cautious and aware of the potential risks associated with dealing with PT. MRG MEGA BERJANGKA as it lacks valid regulation and has been flagged as suspicious.
MRG offers a range of market instruments for investors to engage in trading activities.
Forex:
MRG offers Forex trading, allowing investors to trade currency pairs in the foreign exchange market. Forex trading involves speculating on the exchange rate fluctuations between different currencies. Traders can take advantage of the volatility in currency prices to potentially generate profits.
Emas (Gold):
MRG enables investors to trade gold, which is a popular commodity and a store of value. Gold trading allows investors to speculate on the price movements of gold, taking advantage of its status as a safe-haven asset and potential hedge against inflation.
US Index:
MRG provides trading opportunities in US indices, such as the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite. Trading US indices allows investors to gain exposure to the overall performance of the US stock market, providing potential opportunities for profit based on the index movements.
Crude Oil:
MRG allows investors to trade crude oil, which is a globally traded commodity and a key energy resource. Crude oil trading involves speculating on the price movements of oil, which can be influenced by factors such as supply and demand dynamics, geopolitical events, and economic indicators.
Pros and Cons
Pros | Cons |
Potential for profit from price movements | Market volatility can lead to losses |
Diversification opportunities | Trading involves inherent risk |
Access to global markets | Limited to the offered market instruments |
Opportunity to hedge and manage risk | Market conditions can impact liquidity |
Availability of different trading strategies | Regulatory and geopolitical risks |
MRG offers three different account types: GOLD, SILVER, and PLATINUM. Each account type has its own set of specifications and features.
GOLD Account:
The GOLD account offered by MRG has a spread starting from 2.3 pips. For forex and gold trading, there is a commission of $30 per lot, while for index and crude oil trading, the commission is $20 per lot. The minimum lot size is 0.1 lot, and the maximum lot size is 10 lots. There is no limit on the maximum number of open lots. The leverage available is 1:100. The minimum stop and limit order distance is 15 points. Trading style is specified as “No Arbitrage.” The minimum deposit required for a GOLD account is $500.
SILVER Account:
The SILVER account has a spread starting from 0.8 pips. The commission for all trades is $8 per lot. The minimum lot size is 0.1 lot, and the maximum lot size is 3 lots. The maximum number of open lots allowed is 5. The leverage offered is 1:200. The minimum stop and limit order distance is 1 point. Similar to the GOLD account, the trading style is specified as “No Arbitrage.” The minimum deposit required for a SILVER account is $300.
PLATINUM Account:
The PLATINUM account features a spread starting from 2.3 pips. For forex and gold trading, the commission is $30 per lot, and for index and crude oil trading, it is $20 per lot. The minimum lot size for this account type is 1 lot, and the maximum lot size is 50 lots. There is no restriction on the maximum number of open lots. The leverage offered is 1:100, and the minimum stop and limit order distance is 15 points. The trading style is specified as “No Arbitrage.” The minimum deposit required for a PLATINUM account is $5000.
Pros | Cons |
Offers multiple account options | Limited information provided |
Varying leverage ratios available | Lack of details on other trading terms |
Different commission structures | Limited explanation of trading styles |
Low minimum deposit requirements | Insufficient information on trading rules |
To open an account with MRG, follow these steps:
Visit the MRG website and click on the “Register” menu.
Fill in the required information accurately in the provided fields.
Select the type of account you wish to open.
Enter the captcha correctly and ensure that you have read and agreed to the Terms & Conditions.
Double-check that all the registration data you have provided is correct.
Click on the “Submit” button to complete the account opening process.
MRG offers leverage options of 1:100 for the GOLD and PLATINUM accounts, while the SILVER account provides a higher leverage option of 1:200. Leverage allows traders to amplify their trading positions with a smaller amount of capital. It is important to note that while leverage can potentially increase profits, it also magnifies potential losses, making risk management a crucial aspect of trading with leverage. Traders should carefully consider their risk tolerance and use leverage responsibly.
MRG offers different account types with varying spreads and commissions. The GOLD account has a spread starting from 2.3 pips and commissions of $30 per lot for forex and gold trading, and $20 per lot for index and crude oil trading. The SILVER account features a spread starting from 0.8 pips and a fixed commission of $8 per lot for all trades. The PLATINUM account offers a spread starting from 2.3 pips and commissions of $30 per lot for forex and gold trading, and $20 per lot for index and crude oil trading. Each account type has its own minimum deposit requirement, lot sizes, leverage, and trading style specifications.
MRG applies margin charges to clients for various types of trades, such as day trades and overnight positions. The specific margin requirements differ depending on the account type. For Gold, Silver, and Platinum accounts, the margin requirements per lot are $100, $50, and $1,000, respectively.
MRG recommends that clients primarily make deposits and withdrawals via local bank transfer. However, the company has not disclosed whether any fees are charged for these methods. To make a withdrawal, clients need to follow a few steps. First, they need to log in using their registered username and password. After logging in, they should select the “Withdrawal” menu. Then, they need to enter the withdrawal amount in Indonesian Rupiah and ensure that all the withdrawal details are accurate before clicking “Submit.”
It is important to note that withdrawals made between 00:00 and 12:00 WIB will be processed on the same day by 16:00 WIB at the latest. Withdrawals made between 12:00 and 00:00 WIB will be processed on the following day by 12:00 WIB at the latest.
To make a deposit, clients should follow these steps: log in using their registered username and password, select the “Withdrawal” menu, enter the deposit amount in Indonesian Rupiah, choose the option for local bank transfer, select the appropriate bank account based on the provided details, and ensure that all the deposit information is accurate before clicking “Submit.”
Pros | Cons |
Allows deposits and withdrawals via local bank transfer | Lack of information about potential fees |
Withdrawals processed within specific timeframes | Limited options for deposit and withdrawal methods |
Clear instructions provided for the withdrawal process | No mention of alternative payment methods |
MRG offers the MT4 (Metatrader 4) platform, which is widely recognized as one of the most widely used trading platforms among traders. With the MT4 platform, MRG Mega Berjangka provides traders with the opportunity to stay connected to the market at all times. The platform offers various options of Metatrader that can be tailored to suit individual needs.
The MT4 platform is known for its user-friendly interface and comprehensive charting capabilities, allowing traders to analyze price movements, apply technical indicators, and implement various trading strategies. It also provides real-time quotes, news feeds, and a wide range of trading tools to enhance the trading experience.
Traders using the MT4 platform can access a variety of financial instruments, including Forex, commodities, indices, and CFDs. The platform supports multiple order types, including market orders, limit orders, and stop orders.
One of the advantages of the MT4 platform is its extensive library of third-party plugins and expert advisors (EAs). Traders can utilize these tools to automate their trading strategies, perform backtesting, and receive trade signals based on predefined conditions.
Pros | Cons |
User-friendly interface | Limited customization options |
Comprehensive charting features | Limited integration with other platforms |
Real-time quotes and news feeds | Limited selection of order types |
Wide range of trading tools | Limited platform updates |
Access to third-party plugins and EAs | Potential for system glitches |
MRG provides educational resources to enhance traders' knowledge and understanding of the financial market. They offer explanations of common terms related to the financial market and financial instruments. This educational material can be beneficial for traders looking to expand their understanding and improve their trading strategies.
Mekanisme Trading:
MRG offers trading mechanisms that allow traders to execute their trades. These mechanisms provide a platform for traders to enter, modify, or close their positions in the financial market. The trading mechanisms offered by MRG facilitate the buying and selling of various financial instruments, providing traders with the necessary tools to participate in the market.
MRG provides trading tips to assist traders in making informed decisions. These tips may include market analysis, trading strategies, and insights into potential trading opportunities. The tips offered by MRG can be helpful for traders looking for guidance and ideas in their trading activities.
Pros | Cons |
Provides educational resources | Lack of specific details on the trading tools |
Facilitates trading execution | Limited information on the effectiveness of tips |
Offers trading tips for informed decisions | No information on advanced trading tools or features |
Penanganan Pengaduan Nasabah: MRG provides a customer support unit specifically dedicated to handling customer complaints. This unit is responsible for addressing and resolving any issues or concerns raised by customers. Customers can contact the Unit Pengaduan through various channels, including telephone and email. The customer support team aims to provide prompt assistance and aims to respond to customer inquiries within a maximum of 2x24 hours.
Unit Pengaduan: The Unit Pengaduan is the department within MRG that focuses on handling customer complaints. Customers can reach out to this unit via telephone at 021-7278 1710 (Hunting) or 021-7278 1721. Additionally, they can also contact the unit through email at customercare@mrgfutures.co.id. The Unit Pengaduan is responsible for providing complaint handling services to customers and explaining the Standard Operational Procedures (POS) for complaint handling, including the procedures for using the BAPPEBTI Online Complaint System.
Contact Information: MRG's customer support can be reached through various contact channels. Customers can fill out the contact form available on their website or directly contact the Unit Pengaduan through the provided telephone numbers. The company's official website is www.mrgfutures.co.id. The physical address of MRG is Senayan City, Panin Tower Lt. 22, Jl. Asia Afrika Lot 19, Jakarta Selatan 10270.
In conclusion, MRG Mega Berjangka has both advantages and disadvantages. On the positive side, MRG offers a range of market instruments for trading, including forex, gold, US indices, and crude oil, providing investors with diversification opportunities. They also provide the widely recognized MT4 trading platform, known for its user-friendly interface and comprehensive charting features. Additionally, MRG offers multiple account options with varying leverage ratios and low minimum deposit requirements. On the other hand, MRG's lack of valid regulation raises concerns about its credibility and potential risks associated with trading. The limited information provided about trading terms, fees, and alternative payment methods is also a disadvantage. Traders should exercise caution and consider these drawbacks before engaging with MRG Mega Berjangka.
Q: Is MRG a legitimate broker?
A: Based on the information provided, MRG lacks valid regulation and has been flagged as suspicious. It is advised to exercise caution and be aware of the potential risks associated with dealing with MRG.
Q: What market instruments does MRG offer?
A: MRG offers trading opportunities in Forex, Gold, US Indices, and Crude Oil.
Q: What are the different account types offered by MRG?
A: MRG offers three account types: GOLD, SILVER, and PLATINUM, each with its own specifications and features.
Q: How do I open an account with MRG?
A: To open an account with MRG, visit their website, click on the “Register” menu, fill in the required information accurately, select the account type, enter the captcha correctly, agree to the Terms & Conditions, double-check the provided data, and click “Submit.”
Q: What leverage options does MRG provide?
A: MRG offers leverage options of 1:100 for GOLD and PLATINUM accounts, and 1:200 for the SILVER account.
Q: What are the spreads and commissions charged by MRG?
A: The spreads and commissions vary depending on the account type. The GOLD account has a spread starting from 2.3 pips, the SILVER account has a spread starting from 0.8 pips, and the PLATINUM account has a spread starting from 2.3 pips. Commissions are $30 per lot for forex and gold trading, and $20 per lot for index and crude oil trading in GOLD and PLATINUM accounts, while the SILVER account has a fixed commission of $8 per lot for all trades.
Q: How can I make deposits and withdrawals with MRG?
A: MRG recommends using local bank transfer for deposits and withdrawals. The specific fees associated with these methods are not disclosed. To make a withdrawal or deposit, follow the instructions provided on the MRG website.
Q: What trading platform does MRG offer?
A: MRG offers the widely recognized MT4 (Metatrader 4) platform, known for its user-friendly interface, comprehensive charting features, real-time quotes, news feeds, and a wide range of trading tools.
Q: What trading tools does MRG provide?
A: MRG provides educational resources, trading mechanisms for execution, and trading tips to assist traders in making informed decisions.
Q: How can I contact MRG's customer support?
A: You can contact MRG's customer support unit dedicated to handling customer complaints through telephone numbers or email. The contact information can be found on their official website.
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 mrg and titan-fx are, we first considered common fees for standard accounts. On mrg, the average spread for the EUR/USD currency pair is -- 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.
mrg is regulated by BAPPEBTI,JFX. 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.
mrg provides trading platform including -- and trading variety including --. titan-fx provides trading platform including Micro,Standard,Blade and trading variety including 30+ currency pairs, precious metals.