Titan Capital Markets -Some Important Details about This Broker

Titan Capital Markets Information

Titan Capital Markets is a forex broker that offers 30+ forex pairs through its proprietary trading platform, Titan Webtrader. It claims to offer competitive spreads and low commissions. The company also provides educational resources to help traders improve their trading skills.

Pros & Cons

Note that these pros and cons are based on available information and may not represent the full picture of Titan Capital Markets' offerings and policies. As with any financial decision, traders should carefully evaluate their own needs and preferences before deciding if Titan Capital Markets is the right broker for them.

Is Titan Capital Markets Legit？

No. Titan Capital Markets is not legit. It exceeds the business scope regulated by Australia ASIC (license number: 089 386 569) Administration of Industry and Commerce-Register Non-Forex License.

Market Instruments

Titan Capital Markets offers more than 30 forex pairs for trading, but it does not offer other trading assets. It's always a good idea for traders to carefully evaluate the available trading assets offered by a broker to determine if they meet their trading needs and preferences. Forex market hours are listed below:

Besides, it seems that Titian also provides tokens, but when clicking the“ Titian Token”on the navigation section, it shows “Access Denied”.

Trading Methods

Bot Trading and Copy Trading are the two trading methods that Titan Capital Markets now offers.

Traders can take advantage of price discrepancies among markets by using bot trading. Through copy trading, traders, particularly beginners, might increase their trading profits by mimicking the techniques of successful traders.

Account Types

Unfortunately, there is no information about account types or features on Titan Capital Markets' website. It is unclear whether they offer a range of account types that cater to different trading styles or if they have any specific features such as demo accounts, Islamic accounts, or social trading. This lack of transparency can make it difficult for potential traders to compare and evaluate their offerings against other brokers in the market.

Leverage

There is no information about leverage on Titan Capital Markets' website. Leverage is a critical component of forex and CFD trading, allowing traders to increase their exposure to the markets beyond their initial deposit. Without knowing the leverage offered by Titan Capital Markets, it is difficult to assess the level of risk involved in trading with this broker. It is important for traders to have a clear understanding of the leverage offered by a broker before opening an account, as high leverage can amplify potential profits but also magnify losses.

Spreads & Commissions

Titan Capital Markets claims to offer competitive spreads and low commissions, but without specific details on the exact spreads and commissions, it's difficult to evaluate the competitiveness of their pricing. It's important for traders to have a clear understanding of the trading costs involved with a broker, including spreads, commissions, and any other fees, in order to make informed decisions about their trades.

Below is a comparison table about spreads and commissions charged by different brokers:

Note: The above information is subject to change and may not be up to date. Spreads and commissions can vary depending on the account type and trading platform used. It is recommended to check the broker's website for the latest information.

Trading Platforms

Titan Capital Markets offers the Titan Webtrader as a trading platform option. The Titan Webtrader may be suitable for traders who prefer a web-based platform that can be accessed from anywhere with an internet connection, without the need to download or install any software. Additionally, Titan Capital Markets claims to offer Titan GO APPsoon after, but currently it is not available.

It's recommended that traders explore the features and capabilities of the Titan Webtrader and compare it to other trading platforms to determine if it's a good fit for their trading needs.

See the trading platform comparison table below:

Note: The above information is subject to change and may not be up to date.

Deposits & Withdrawals

Titan Capital Markets only accepts deposits and withdrawals via MasterCard and Visa, but this may limit the options available to traders who prefer to use other payment methods. It doesn't reveal any information about the minimum deposit requirement, while most brokers have a minimum threshold of 100 USD.

Customer Service

Titan Capital Markets offers customer support through email (info@titancapitalmarkets.com) and Contact Form. This can be a convenient option for traders who prefer to communicate with customer support representatives in writing.

Educational Resources

Titan Capital Markets offers academy courses, including courses on forex trading. Education is an important aspect of trading, and traders who have a solid understanding of market fundamentals and trading strategies may be better equipped to make informed trading decisions. The courses offered by Titan Capital Markets, including the introduction to forex, forex fundamentals, and forex masterclass courses, may be useful for traders who are new to forex trading or who want to improve their trading skills.

Conclusion

In conclusion, Titan Capital Markets is a relatively new broker that is currently only holds an exceeded ASIC license, which offers the Titan Webtrader platform for trading. However, the lack of important information such as their account types, leverage, spreads, and commissions may be a cause for concern. Their customer support is available through email and contact form, and they offer some educational resources on their website. Overall, more transparency and information about their services would help to provide a clearer picture of Titan Capital Markets as a potential broker.

Frequently Asked Questions (FAQs)

Is Titan Capital Markets legit？

No. It currently only holds an exceeded ASIC license.

Does Titan Capital Markets offer industry-standard MT4 & MT5？

No. It offers Titian Webtrader and its properitary trading app called Titian Go App is coming soon.

Is Titan Capital Markets a good broker for beginners？

No. Though it holds FINTRAC and ASIC regulatory licenses, it is newly-established and they are not transparent enough. Much important information like trading conditions (minimum deposit requirement, leverage, spreads, commissions) are not openly revealed on their website.

Risk Warning

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.