TITAN FX is a Forex company established in 2014. Headquartered in Vanuatu, operated by Titan FX Limited. I have a Vanuatu license. Spreads are very narrow and are highly recommended for scalping. The server environment is very strong, as we have service desks and data centers all over the world. It is supported by many Forex traders due to its 500 times leverage and easy-to-use trading system.
TITAN-FX is an FX brand operated by Titan FX Limited. The FX trading service will be available in 2014 and is an emerging Forex company.
|Company Name||Titan FX Limited|
|Headquarters location||1st Floor, Govant Building, Kumul Highway Port Vila, Vanuatu|
|Business start date||2014|
|number of employees||50|
A financial license is issued by the financial authorities of the country and is a permit for conducting a financial business. Without this, you cannot carry out business activities. The countries with strict examination standards in the world are said to be the United Kingdom and Cyprus. The UK Financial Conduct Authority (FCA) has very strict not only license acquisition but also maintenance standards, such as having to compensate up to £ 85,000 per person in the event of a Forex trader’s bankruptcy. The Cyprus Securities and Exchange Commission (CySec) is said to be the second highest screening country after the United Kingdom. So is TITAN-FX licensed?
|Company Name||Acquisition license|
|TI Securities Limited||Vanuatu Financial Services Commission (VFSC)|
TITAN FX can support you by phone, email and chat. Since it supports everything, users can get support very comfortably. Saturdays and Sundays are closed days.
|phone||Response time is from 8:00 to 16:00 (Japan time) This is recommended if you request immediate response.|
|In principle, you will receive a reply within 24 hours.|
|chat||Response time is from 8:00 to 16:00 (Japan time) This is recommended if you request immediate response.|
TITAN FX supports the following 4 languages. May be less than other vendors
Loss may occur due to troubles such as server or tool failure, but TITAN FX has a case of compensating for the loss.
There are the following methods for withdrawing TITAN FX.
|Withdrawal method||Commission||Reflection time|
|Bank remittance||free||2-3 business days|
|Credit / debit card||free||A few days-4 weeks|
There are the following deposit methods for TITAN FX.
|Payment method||Commission||Reflection time|
|Bank remittance||free||Within 1 business day|
|Credit / debit card||free||Immediately|
TITAN-FX is divided into several accounts according to each trader’s preference. You can choose your favorite type. The differences are summarized in a table.
|Transaction fees||Free||$ 3.5|
|Minimum transaction unit||0.01||0.01|
|Account currency||JPY, USD, EUR, AUD, SGD||JPY, USD, EUR, AUD, SGD|
|Minimum deposit||20000yen / 250USD / 250EUR||20000yen / 250USD / 250EUR|
TITAN-FX supports the following currency pairs. I also listed the average spread.
|Currency pair||Standard account spread||Blade account spread|
Scalping trading is also possible with TITAN-FX. There are no trading restrictions and you can scalping freely. We recommend scalping with a TitanFX blade account. Blade accounts have lower transaction costs than other overseas companies.
Automatic trading is at your own risk
TITAN-FX can also be bought and sold automatically. You can use it, but if there is a one-sided trend, the unrealized loss will be large and all the principal will often fly away. Although it is your responsibility to invest in general, please be aware that EA trades can fail in one trend even if the winning percentage exceeds 90%.
Low risk, low return for beginners
Beginners should not be familiar with Forex yet, so start trading with a small number of lots. If you have one position and one lot, you will not suddenly go bankrupt. Let’s start low risk and low return.
Whether or not withdrawal is refused
It will be the most worrisome place for traders who actually trade. There is no Forex company that refuses to deposit, but I am wondering if I can really withdraw when I can make a profit. There are companies that run away at worst, so what about TITAN-FX? The patterns of withdrawal refusals from past cases are summarized below.
|Withdrawal restrictions depending on the deposit method||For example, if you deposit with a credit card, there is a rule that you must withdraw up to the same amount with the same card. If you violate it, your withdrawal will be refused.|
|Double-decker||Both buildings are allowed, but both buildings using separate accounts are not subject to zero cut.|
|Arbitrage||Arbitrage trading is prohibited. There is a possibility that the account will be frozen.|
|Trades that put a load on the system||You will be penalized if you trade many times at high speed.|
|Unsubmitted identity verification documents||Withdrawals cannot be made without submitting identity verification documents and address verification documents.|
|Margin maintenance rate of holding position is 90% or less||If the margin falls below 90% while holding a position, the withdrawal will be refused.|
|Withdrawal exceeding the withdrawal limit||TitanFX has a fixed daily withdrawal limit, and you cannot withdraw more than that limit.|
|Withdrawal if you have a position||You can withdraw while you have a position, but the withdrawal amount must be 90% or less of your surplus margin.|
|Withdrawal of bonus||Bonuses cannot be withdrawn.|
Although TITAN FX does not support many languages, you can rest assured that it has all the support such as telephone, email, and live chat.