What is TitanFX?
TitanFX is a Forex broker registered in the Republic of Vanuatu.
From the start of its service, TitanFX quickly became a popular Forex broker due to a rush of traders eager to open accounts, leading to waiting times of several weeks to months for account opening.
Official Website (titanfx.com)
Features & Benefits of TitanFX
Below is a summary of the features, benefits, and drawbacks of TitanFX.
Maximum Leverage of 1,000x
TitanFX offers a maximum leverage of 1,000x. Set the leverage freely for each account to match your trading style. The high leverage at TitanFX allows for profitable investments with small amounts.
NBP, Risk Reduction
TitanFX implements NBP (Negative Balance Protection). In the unlikely event that your account balance becomes negative due to sudden market fluctuations, the negative amount will be compensated by TitanFX.
Minimum Zero Spread
The minimum spread at TitanFX is 0.0 pips (choose the ECN Blade account). The average spread at TitanFX is 0.3 pips. We offer a comfortable trading environment with overwhelmingly low spreads.
High-Speed Line, Fast Execution
Thanks to the latest technology, Zero Point, TitanFX ensures high-speed connections and stable connectivity with the Equinix servers in New York, USA. Experience not only tight spreads but also comfortable, fast execution.
Wide Range of Tradable Instruments
At TitanFX, not only forex currency pairs, but a wide range of markets including precious metals, energies, stock indices, and cryptocurrencies can be traded using just one trading account.
Company Information of TitanFX
Below is the company information for TitanFX.
| Forex Broker | TitanFX |
|---|---|
| Operating Company | Titan FX Limited |
| CEO | Martin St. Hilaire |
| Founded In | 2014 |
| Country | Republic of Vanuatu |
| Address | 1st Floor, Govant Building, Kumul Highway, Port Vila, Vanuatu |
| Financial License | Vanuatu FSC |
| Registration Number | 40313 |
| Method of Managing Trader’s Assets | Segregated Management |
| Offices & Branches | Vanuatu – Port Vila, USA – Dallas, Australia – Melbourne, UK – London, etc. |
| Server Locations | North America NY, Asia, Singapore, etc. |
| Third Party & Audit | Affiliated with The Financial Commission |
| Phone Number | +678 27 503, +64 800 461 269 |
| Email Address | support@titanfx.com |
TitanFX was established by separating from and becoming independent of Pepperstone, one of the most popular Forex brokers in Oceania.
President of TitanFX
The president of Forex broker TitanFX is Martin St. Hilaire.
Below is a list of the GM and board members of TitanFX.
| Position | Name |
|---|---|
| Director | Martin St. Hilaire |
| General Manager | James Hudson |
| Chief Commercial Officer | Audrius Bernotas |
| CTO | Peter Houghton |
CTO stands for Chief Technology Officer.
Financial License & Regulation of TitanFX
Below are the financial licenses and regulations TitanFX adheres to.
- VFSC (Vanuatu Financial Services Commission)
- MFSC (Mauritius Financial Services Commission)
- FSPR (Financial Services Providers Register of New Zealand)
For registration information regarding the financial license and regulation in the Republic of Vanuatu, please refer to the “Company Information of TitanFX” section.
Registration Information for TitanFX’s Mauritius FSC
Below is the registration information regarding the financial license and regulation in the Republic of Mauritius for TitanFX.
| Financial License | Mauritius Financial Services Commission |
|---|---|
| Corporation | Titan Markets |
| Country | Republic of Mauritius |
| Address | The Cyberati Lounge, c/o Credentia International Management Ltd, Ground Floor, The Catalyst, Silicon Avenue, 40 Cybercity, 72201 Ebene, Republic of Mauritius |
| License Number | GB20026097 |
TitanFX ensures the complete segregation of corporate and client funds.
Official website (titanfx.com)
Exclusive Support for Active Traders at TitanFX
Forex broker TitanFX offers a special customer support called “Exclusive Support for Active Traders” for traders’ trading support.
Below is the basic content of the services of TitanFX’s Exclusive Support for Active Traders.
- Individual support by a dedicated manager for the customer
- Provision of effective trading tools for your transactions
- Proposals of solutions according to your requests
- Use of advance reports
- Priority services (account deposits and withdrawals, support, etc.)
Denial of Withdrawals and Prohibited Activities at TitanFX
Forex broker TitanFX, which does not have bonuses or campaigns, has few rumors about account freezing, profit confiscation, or denial of withdrawals due to bonus abuse or misuse.
Forex brokers are unregistered financial institutions, so when you search for “TitanFX” on Google, reviews such as “withdrawal troubles,” “cannot withdraw,” “fraud,” and “dangerous” are indeed there.
Is trading during window opening and closing prohibited?
Forex broker TitanFX states that it does not restrict trading methods.
However, like other Forex brokers, although not explicitly stated in the terms and conditions, gambling-like trades aimed only at economic indicators announcements or trading targeting the window closing on Monday mornings, as well as hedging between two accounts, are prohibited activities.
If you repeatedly engage in prohibited methods or activities, you may be subject to leverage restrictions or account freezing.
Official website (titanfx.com)
Account Opening Campaign at TitanFX
Below is a list of account opening campaigns that TitanFX has conducted so far.
- Adult New Year’s Money Campaign
- Infinite Cashback
- Nikkei Stock Average Cashback
- Account Opening Cashback 30 USD
- Referral Program 100USD/person
TitanFX occasionally holds demo account contests (demo trade tournaments).
How much is the account opening bonus at TitanFX?
Forex broker TitanFX does not generally offer an account opening bonus that allows you to start Forex trading without any initial capital.
Please check TitanFX’s latest account opening campaigns and bonuses on the TitanFX campaign page.
Tradable Instruments at TitanFX
Below are the instruments that can be traded with a TitanFX Forex account.
- Forex currency pairs
- Precious metals (Metals)
- Energies
- Commodities
- Stock indices (Indexes)
- Securities (Stocks/Individual stocks)
- Cryptocurrencies (Digital assets/Cryptocurrencies)
At TitanFX’s Forex account, you can trade CFD instruments such as currency pairs like USDJPY, gold (XAUUSD/gold), Brent crude oil, WTI crude oil, the Nikkei stock average, US stocks, and Bitcoin (Bitcoin/BTC).
Soft commodities like soybeans, wheat, and coffee can also be traded as CFDs.
Cryptocurrency FX at TitanFX
At Forex broker TitanFX, you can also engage in cryptocurrency FX.
The maximum leverage for cryptocurrency FX (digital asset CFD/Bitcoin FX) is 100x (update scheduled for April 13, 2023).
Cryptocurrencies Tradable at TitanFX
Below are the cryptocurrencies that can be traded with a TitanFX Forex account.
Please always check the latest tradable instruments at TitanFX using trading tools like MT4 or on the Tradable Instruments page.
Proceed to the Tradable Instruments page
Trading Hours for Cryptocurrency FX at TitanFX
The trading hours for cryptocurrency FX at Forex broker TitanFX include weekends, providing 24/7/365 trading.
The trading hours for cryptocurrency FX are 24/7/365, including Saturdays and Sundays.
The latest situation for cryptocurrency FX is here
Stock Trading at TitanFX
At Forex broker TitanFX, you can trade all instruments including USDJPY, gold, crude oil, the Nikkei stock average, Japanese stocks, US stocks, and Bitcoin with just one trading account.
Below are the trading environment and trading conditions for Japanese stocks and US stocks at TitanFX.
| Japanese Stocks | Over 40 stocks |
|---|---|
| US Stocks | Over 100 stocks |
| Maximum Leverage | 20x |
| Risk of Debt | None (NBP supported) |
| Trading Fees | Free |
| Minimum Trading Quantity | 10 shares |
The latest information can be checked on this TitanFX page for Japanese and US stocks trading environment and conditions.
Details of stock trading are here
Maximum Leverage at TitanFX
The maximum leverage for a TitanFX Forex account is 1,000x (added February 2023).
From February 27, 2023 (Monday), we will start offering a micro account that can be set to a higher leverage of 1,000x than the previous 500x.
High Leverage in CFDs at TitanFX
Below is a list of the maximum leverage for each category of tradable instruments at TitanFX.
| Category | Instrument | Maximum Leverage |
|---|---|---|
| Forex Currency Pairs | USDJPY, etc. | 1,000x |
| Precious Metals | Gold, etc. | 1,000x |
| Energies | Crude oil, etc. | 500x |
| Stock Indices | Nikkei stock average, etc. | 500x |
| Stocks | US stocks, Japanese stocks | 20x |
| Cryptocurrencies | Bitcoin, etc. | 100x |
At TitanFX’s Forex account, you can also trade gold (gold/silver) and WTI crude oil, the Nikkei stock average with high leverage of over 500x.
Check leverage for each instrument here
Leverage Limit Rules at TitanFX
Unlike other Forex brokers, TitanFX does not have a rule for leverage limitation based on account balance.
However, trading restrictions due to engaging in prohibited activities or methods similar to high leverage may result in leverage limitation.
If leverage limitation is applied, you will be contacted and notified by customer support.
Trading Tools at TitanFX
Below are the trading tools you can choose for a TitanFX Forex account.
- MT4 (MetaTrader 4)
- MT5 (MetaTrader 5)
- Web Trader
Downloading and installing trading tools (trading platforms, trading software) at TitanFX is free.
Moreover, traders at TitanFX can also install technical indicators such as the Spread Indicator for free.
Download trading tools for free here
Reasons and Causes for Not Being Able to Login to MT4 & MT5
Not just at Forex broker TitanFX, but errors such as “invalid account” or “no connection” can occur when logging into MT4 or MT5.
First, ensure that your account number and login password are correctly entered.
If there are comments on Twitter or 2ch about a server down, please check the notices displayed in the TitanFX client cabinet.
Also, consider uninstalling MT4 or MT5 and then downloading and reinstalling it if necessary.
TitanFX Partners with Trading Central
Forex broker TitanFX has partnered with Trading Central, a tool that supports trade analysis.
Free of charge, you can use Trading Central by opening an account that offers this as a limited-time special offer.
Account Types and Recommendations at TitanFX
Below are the account types you can choose from for a TitanFX Forex account.
- Standard Account
- Blade Account
- Micro Account
The minimum spread at TitanFX is 0.0 pips.
For Forex beginners (traders new to Forex), the Standard account with no transaction fees is recommended.
Moreover, for traders seeking low transaction costs with tight spreads, the account with transaction fees is recommended.
Simple account opening in 5 minutes here
Trading Environment and Conditions of the Standard Account at TitanFX
Below are the trading environment and conditions for the Standard Account at TitanFX.
| Account Type | Standard Account |
|---|---|
| Recommended Trader Level | General traders, discretionary traders |
| Order Processing Method | DMA STP method |
| Trading Tools | MT4, MT5 |
| Account Currency Unit | Japanese yen account, US dollar account, Euro account, Singapore dollar account |
| Minimum Deposit Amount | 200USD |
| Tradable Instruments | Currency pairs, precious metals, energies, stock indices, US stocks, cryptocurrency pairs |
| Forex Contract Size | 100,000 currency units per lot |
| Minimum Trading Quantity | 0.01 lots |
| Maximum Trading Quantity | 100 lots |
| Average Spread for EURUSD | 1.33 pips |
| Transaction Fees | Free |
| Swap Points | Incurred |
| Scalping | Unrestricted |
| Hedging | Possible |
| Automated Trading | EA (Expert Advisor) use possible |
| VPS | Provided |
| MQL5 Signal Trade | Subscribable |
| Margin Call Level | 90% |
| Stop Out Level | 20% |
| NBP Support | No additional margin required |
| Demo Account | Openable |
| Account Maintenance Fees | Free |
TitanFX’s STP account is the Standard Account (Zero Standard Account).
Trading Environment and Conditions of the Blade Account at TitanFX
Below are the trading environment and conditions for the Blade Account at TitanFX.
| Account Type | Blade Account |
|---|---|
| Recommended Trader Level | Advanced traders, EA traders |
| Order Processing Method | NDD ECN method |
| Trading Tools | MT4, MT5 |
| Account Currency Unit | Japanese yen account, US dollar account, Euro account, Singapore dollar account |
| Minimum Deposit Amount | 200USD |
| Tradable Instruments | Currency pairs, precious metals, energies, stock indices, US stocks, cryptocurrency pairs |
| Forex Contract Size | 100,000 currency units per lot |
| Minimum Trading Quantity | 0.01 lots |
| Maximum Trading Quantity | 100 lots |
| Average Spread for EURUSD | 0.33 pips |
| Transaction Fees | 7 dollars per round lot |
| Swap Points | Incurred |
| Scalping | Unrestricted |
| Hedging | Possible |
| Automated Trading | EA use possible |
| VPS | Provided |
| MQL5 Signal Trade | Subscribable |
| Margin Call Level | 90% |
| Stop Out Level | 20% |
| NBP Support | No additional margin required |
| Demo Account | Openable |
| Account Maintenance Fees | Free |
TitanFX’s ECN account is the Blade Account (Zero Blade Account).
At TitanFX’s Blade Account, external trading fees of a few dollars are incurred, but you can trade with a tighter spread and lower transaction costs than the Standard Account.
Trading Environment and Conditions of the Micro Account at TitanFX
Below are the trading environment and conditions for the Micro Account at TitanFX, which will be offered starting February 27, 2023 (subject to change).
| Account Type | Micro Account |
|---|---|
| Recommended Trader Level | Forex beginner traders, EA traders |
| Order Processing Method | NDD STP method |
| Trading Tools | MT4, MT5 |
| Account Currency Unit | Japanese yen account, US dollar account, Euro account, Singapore dollar account |
| Minimum Deposit Amount | 200USD |
| Tradable Instruments | Currency pairs, precious metals, cryptocurrency pairs |
| Forex Contract Size | 1,000 currency units per lot |
| Minimum Trading Quantity | 0.1 lots |
| Maximum Trading Quantity | 100 lots |
| Average Spread for EURUSD | 0.33 pips |
| Transaction Fees | Free |
| Swap Points | Incurred |
| Scalping | Unrestricted |
| Hedging | Possible |
| Automated Trading | EA use possible |
| VPS | Provided |
| MQL5 Signal Trade | Subscribable |
| Margin Call Level | 90% |
| Stop Out Level | 20% |
| NBP Support | No additional margin required |
| Demo Account | Openable |
| Account Maintenance Fees | Free |
The Micro Account is recommended for traders who want to start trading with low risk.
Micro Account is here (from 2023/2/27)
Zero Reset – NBP System and Additional Margin at TitanFX
TitanFX is an NBP (No Balance Protection) supported Forex broker.
Also, TitanFX’s margin call level is at 90% of the margin maintenance rate, and the stop out level is at 20% of the margin maintenance rate.
Official website (titanfx.com)
Connection Servers and Slippage at TitanFX
TitanFX’s Forex account is connected to the latest NY4 server installed by Equinix in New York, USA.
Thanks to the connection to the latest NY4 server, TitanFX is particularly noted for its high execution rate compared to other Forex brokers.
| Execution Rate Within 1 Second of Market Order | 100% |
|---|---|
| Average Execution Speed | 37 ms |
| Fastest Execution Speed | 3.14 ms |
| Execution Rate | 99.99% |
With TitanFX, you can complete account opening to trading start in 5 minutes.
What is TitanFX’s Zero Point?
Forex broker TitanFX has achieved the industry’s lowest trading costs thanks to Zero Point, a technology developed and introduced in February 2016.
Developed by combining abundant knowledge, cutting-edge technology, and IT technology, Titan FX’s proprietary latest technology ‘Zero Point’ has realized near-zero spreads and latency.
Zero Point Technology not only improves TitanFX’s execution rate but also reduces re-quotes and occurrences of slippage (reduction in slippage events) and lowers latency (reduction in delay time), significantly contributing to TitanFX’s current evaluation.
The Zero Point automatic spread minimization system (ZP-ASM), dynamic liquidity aggregation (ZP-DLA), and the standard Zero Point execution speed optimization function (ZP-OEO) based on the speed of light are among the functions detailed in Zero Point Technology.
Detailed explanation of Zero Point is here
Free Demo Account at TitanFX
Forex broker TitanFX provides a free demo account that is convenient for traders who are new to FX and unsure about how to use MT4 or want to backtest automated trading (automated transactions) such as EAs.
The validity period for TitanFX’s demo account is 30 days from the last login.
Automated Trading & Copy Trading at TitanFX
Forex broker TitanFX has provided automated trading services. (Added November 2022)
Below are the features of the Titan FX Social App (Copy Trading), a smartphone app for copy trading available at TitanFX.
- Reach all traders using the app as a follower or provider
- Operate an EA and have others follow that account
- Create private or public groups, invite other traders, and discuss trading strategies
- Conduct trading contests within the group
- Outstanding traders receive badges and are listed on the ranking board
TitanFX’s new copy trading (copy transactions) requires registration and account opening with Pelican Trading.
TitanFX’s Copy Trading ‘ZuluTrade’ – Discontinued
At Forex broker TitanFX, you could previously engage in copy trading for free using ZuluTrade.
Using ZuluTrade, you could engage in automated trading.
Currently, the partnership has been dissolved, and automated trading using ZuluTrade is no longer possible at TitanFX.
Official website (titanfx.com)
Usage Fees for VPS Hosting at TitanFX
Forex broker TitanFX is soon planning to provide VPS hosting services for free.
Please check the latest fees on TitanFX’s VPS detail page.
Deposit and Withdrawal Methods at TitanFX
Below are the main deposit and withdrawal methods at TitanFX.
- Credit Cards
- Debit Cards
- ApplePay
- SticPay
- bitwallet
- Cryptocurrency (Digital assets, Cryptocurrencies)
- Domestic Bank Transfer (Domestic Remittance)
We often receive questions such as “Can I deposit into TitanFX with a JCB card or JCB debit?” and “Can I deposit with a domestic bank transfer (telegraphic transfer)?”, but please check the latest accurate payment methods for TitanFX on the member page/client cabinet.
Also, the minimum deposit amount at TitanFX is 200USD.
Proceed to TitanFX’s Deposit and Withdrawal Page
Deposit and Withdrawal Fees at TitanFX
The deposit fees at Forex broker TitanFX are generally free.
Also, the withdrawal fees at TitanFX are basically free, like the deposit fees.
Please check the latest payment methods and fees for deposits and withdrawals by logging into TitanFX’s member page/client cabinet.
Withdrawal Restrictions & Conditions for Profits at TitanFX
Like typical Forex brokers (Forex brokers, Forex companies), TitanFX has withdrawal rules.
You can generally withdraw using the same method as the deposit.
Profit withdrawals exceeding the deposited amount can be withdrawn using certain methods such as bank transfer.
Please check the current withdrawal methods available at TitanFX’s member page/client cabinet.
Identification Documents at TitanFX
Below are the valid documents for identity verification as identification documents at TitanFX.
- Driver’s License
- Passport
- My Number Card
Below are the valid documents for identity verification as identification documents at TitanFX.
- Residence Certificate
- Bank/Card Usage Statement
- Utility Bill
For example, internet or mobile phone bills are valid, but all documents must be issued within the past 3 months.
TitanFX’s identity verification is here
TitanFX Traders and Tax Declaration
At Forex broker TitanFX, a Monthly Statement is sent on the 1st of each month for the previous month’s transactions.
Use it to calculate your annual gains and losses and pay taxes when filing your tax return.
Alternatively, you can download the historical data (trading history) from the trading platform MT4 or MT5.
Official website (titanfx.com)
IronFX
Comment by Diletta
March 26, 2024
Awesome bonuses, good leverage. A few hiccups, but support rocks!