TITANFX RATING -OVERALL SCORE {68.38%} (?)
TITANFX is an ECN/STP broker based in Vanuatu and offering MT4/MT5, 60 Forex pairs, a wide range of CFD instruments, auto-trading and a free VPS.
■ Deposit Requirements: 200 USD
■ Funding: Cards | Bank Wire | Skrill | PerfectMoney | Crypto | StickPay
■ Platforms: MetaTrader-4 | MetaTrader-5 | WebTrader | Mobile Traders
■ Customer Support: English | Japanese
TITANFX RATING SUMMARY
The following table contains TITANFX's rating summary based on (i) three rating aspects, (i) three experience levels, and (iii) three trading styles.
| FOREX BROKER RATING | (MAX 100%) |
|
38.90% |
|
75.90% |
|
74.10% |
|
96.90% |
|
68.38% |
| TRADING EXPERIENCE | |
|
66.40% |
|
64.80% |
|
62.90% |
| TRADING STYLE | |
|
69.10% |
|
61.60% |
|
39.70% |
TITANFX DETAILED RATING REVIEW
| TITANFX RATING ANALYSIS | ||||
| TITANFX TOTAL RATING | 100.0% | TitanFx | ||
| 68.38% | FULL ANALYSIS | |||
| A. TITANFX SAFETY OF FUNDS | MAX WEIGHT→ | 28.0% | 10.88% | Rating the TitanFx Safety |
| A.1 TitanFx License / Regulation | FCA (UK) = 10.0% | FINMA (Swiss) = 10.0% | NFA/CFTC (US) = 10.0% | BAFIN (GE) = 8.0% | ASIC (AU) = 8.0% | FSC (NZ) = 6.0% | CYSEC (Cyprus) = 6.0% | HCMC (GR) = 3.0% | FSC (BVI) = 1.0% | MiFID (EU) = +0.5% rating | 10.0% | 1.00% | TitanFx is regulated by the FSC of the Republic of Vanuatu (No 40313) Rating = 1% | Total = 1.0% |
| A.2 TitanFx Client Compensation in Case of Insolvency | Covering 50,000 USD/EUR/GBP = 5.0% | Covering 20,000 USD/EUR/GBP = 4.0% | Covering 10,000 USD/EUR/GBP = 3.0% Covering 50,000 USD/EUR/GBP = 5.0% | Covering 20,000 USD/EUR/GBP = 4.0% | Covering 10,000 USD/EUR/GBP = 3.0% Covering 50,000 USD/EUR/GBP = 5.0% | Covering 20,000 USD/EUR/GBP = 4.0% | Covering 10,000 USD/EUR/GBP = 3.0% Covering 50,000 USD/EUR/GBP = 5.0% | Covering 20,000 USD/EUR/GBP = 4.0% | Covering 10,000 USD/EUR/GBP = 3.0% |
5.0% | 0.00% | The regulator FSC of the Republic of Vanuatu does not operate an investor compensation scheme =0.0% rating |
| A.3 TitanFx Country of Headquarters | UK, USA, Germany, France, Canada, Switzerland, and similar = 5.0% rating | Australia, New Zealand = 4.0% rating | Ireland, Spain, Italy, Cyrpus, and similar countries = 3.0% rating | Greece, Malta, South Africa = 2.0% rating | Offshore Countries = 0% | 5.0% | 1.00% | TitanFx maintains headquarters in the Republic of Vanuatu = 1.0% |
| A.4 TitanFx Years in the Market | 10+ Years of Operation = 5.0% rating | 5-10 Years of Operation = 4.0% rating | 2-5 Years of Operation = 2.0% rating | 0-2 Years of Operation = 0% | 5.0% | 5.00% | TitanFx was found in 2014 (10+ years) = 5.0% rating |
| A.5 TitanFx Client Account Segregation | Client bank account segregation = 2.5% rating | No = 0.0% | 2.5% | 2.50% | All client funds are held in segregated client accounts (top-tier banks) = 2.5% |
| A.6 TitanFx Web Ratings | ForexPeaceArmy Rating = {Actual Rating/10} | (max) Rating = 0.5% | 0.5% | 0.38% | TitanFx ForexPeaceArmy Rating is 3.81/5.00 = 0.381% rating |
| A.7 (+) TitanFx ADJUSTING RESULTS | ||||
| A.7.1 TitanFx Corporate Size | 1 million Trading Accounts = +1.0% rating | 500,000+ Accounts = +0.5% rating | 250,000+ Accounts = +0.25% rating | 1.0% | 1.00% | (Estimation) 1,000,000+ Accounts = +1.0% rating |
| B. TITANFX TRANSACTION COST | MAX WEIGHT→ | 28.0% | 21.25% | Rating the TitanFx Transaction Cost |
| B.1 TitanFx spread on EURUSD | <0.3 pip = 7.0% rating | <0.4 pip = 6.5% | <0.5 pip = 6.0% | <0.6 pip = 5.5% | <0.7 pip = 5.0% | <0.8 pip = 4.5% | <1.0 pip = 4.0% | <1.25 pip = 3.5% | <1.50 pip = 3.0% | <1.75 pip = 2.5% | <2.00 pip = 2.0% | <2.25 pip = 1.5% | <2.50 pip = 1.0% | <2.75 pip = 0.5% | 7.0% | 7.00% | (Blade Account Type) | The Typical TitanFx EURUSD spread is 0.2 pip = 7.0% rating |
| B.2 TitanFx spread on GBPUSD | <0.85 pip = 4.5% rating | <1.00 pip = 4.0% rating | <1.25 pip = 3.5% rating | <1.50 pip = 3.0% rating | <1.75 pip = 2.5% rating | <2.00 pip = 2.0% rating | <2.25 pip = 1.5% rating | <2.50 pip = 1.0% rating | 3.00 pip = 0.5% rating | 4.5% | 4.50% | (Blade Account Type) | The Typical TitanFx GBPUSD spread is 0.55 pip = 4.5% rating |
| B.3 TitanFx spread on USDJPY | <0.85 pip = 4.5% rating | <1.00 pip = 4.0% rating | <1.25 pip = 3.5% rating | <1.50 pip = 3.0% rating | <1.75 pip = 2.5% rating | <2.00 pip = 2.0% rating | <2.25 pip = 1.5% rating | <2.50 pip = 1.0% rating | 3.00 pip = 0.5% rating | 4.5% | 4.50% | (Blade Account Type) |The Typical TitanFx USDJPY spread is 0.33 pip = 4.5% rating |
| B.4 TitanFx Trade Commissions | No Commissions = 7.0% rating | Commissions < $1.0 / lot = 6% rating | < $1.5 / lot = 5% rating | < $2.0 / lot = 4% rating | < $3.0 / lot = 3% rating | < $4.0 / lot = 2.0% rating | < $5.0 / lot = 1% rating | < $6.0 / lot = 0.5% rating | Higher Commissions = 0% rating | 7.0% | 0.00% | $7 / full-traded lot trading commissions (Blade Account) = 0.0% rating |
| B.5 TitanFx Overnight (SWAP) rates | Cost < $1.5 = 2.00% rating | Cost < $2.0 = 1.75% | Cost < $2.5 = 1.50% | Cost < $3.0 = 1.25% | Cost < $3.5 = 1.00% | Cost < $4.0 = 0.75% | Cost < $4.5 = 0.50% | Cost < $5.0 = 0.25% | 2.0% | 0.25% | EURUSD: Long swap: -$7.37 / Short swap: $2.45 | GBPUSD: long: -$3.87 / Short: -$4.41 | USDJPY: long: $11.9 / Short: -$27.14 | TitanFx rollover on a Long EURUSD trade worth 1 lot ($100,000) is -$7.37 | TitanFx rollover on a Short EURUSD trade worth 1 lot ($100,000) is +$2.45 | Total cost in absolute value is $4.92, rating = 0.25% |
| B.6 TitanFx Commissions on Funding | No Funding Fees = 2.0 % rating | One (1) Free Withdrawal Per Month = 1.0 % rating | Funding Fees Without Free Withdrawal = 0 % rating | 2.0% | 2.00% | TitanFx does not charge withdrawal commissions = 2.0% rating |
| B.7 TitanFx Inactive Fees | No Inactive Fees = 1.0 % rating | Yes Inactive Fees = 0 % rating | 1.0% | 1.00% | TitanFx does not charge Inactive Fees = 1.0% rating |
| B.8 (+) TitanFx ADJUSTING RESULTS | ||||
| B.8.1 TitanFx Execution Model | ECN Execution = +2.0 % rating | STP = +1.5 % rating | Dealing Desk = +0.0% rating | 2.0% | 2.00% | ECN Order Execution Model = +2.0% rating |
| C. TITANFX TRADING OPTIONS | MAX WEIGHT→ | 28.0% | 20.75% | Rating the TitanFx Options for Traders |
| C.1 TitanFx Forex Asset Index | 45+ Pairs = 8.0% rating | 40+ Pairs = 7.0% rating | 35+Pairs = 6.0% rating | 30+ Pairs = 5.0% rating | 25+ Pairs = 4.0% rating | 20+ Pairs = 3.0% rating | 15+ Pairs = 2.0% rating | 10+ Pairs = 1.0% rating | Less than 10 Pairs = 0% rating | 8.0% | 8.00% | TitanFx Provides 60 Forex Pairs = 8.0% rating |
| C.2 TitanFx CFDs | CFD Trading on MT4 = 2.5% rating | CFD Trading on WebTrader = 1.5% rating | No CFDs = 0.0% | 2.5% | 2.50% | TitanFx offers CFD trading = 2.5% rating |
| C.3 TitanFx CFDs on Futures | CFDs on Futures = 1.5 % rating | No CFDs on Futures = 0.0 % rating | 1.5% | 0.00% | No, TitanFx do not provide CFDs on Futures = 0.0% rating |
| C.4 TitanFx Free Practice Account | Practice Account = 2.0 % rating, No = 0.0 % rating | 2.0% | 2.00% | TitanFx Provides a free Demo/Practice account = 2.0% rating |
| C.5 TitanFx Trading Leverage | Leverage > 100:1 = 1.0% rating | Leverage > 75:1 =0.75% rating Leverage > 50:1 = 0.5% rating | 1.0% | 1.00% | Up to 500:1 max Trading Leverage = 1.0% rating |
| C.6 TitanFx Bonus/Rebate Promotions | 5.0% | |||
| C.6.1 TitanFx Welcome Bonus (%) | Welcome Bonus >50% = 5% rating | Bonus >40% = 4% rating | Bonus >30% = 3% rating | Bonus >20% = 2% rating | Bonus >10% = 1% rating | 0.00% | No Welcome Bonus = 0.0% rating | |
| C.6.2 TitanFx Trading Rebate (%) | Trading Rebate >30% = 5% rating | Rebate >25% = 4% rating | Rebate >20% = 3% rating | Rebate >15% = 2% rating | Rebate >10% = 1% rating | Rebate >5% = 0.5% rating | 0.00% | TitanFx Offers no trade rebates = 0% rating | |
| C.7 TitanFx Min. Account Size | Min Account < $100 = 2.00% | Min Account < $250 = 1.50% rating | Min Account < $500 = 1.00% rating | Min Account < $1,000 = 0.50% rating | 2.0% | 1.50% | The min. deposit amount is $200 = 1.5% rating |
| C.8 TitanFx Number of Deposit Methods | For every deposit method = 0.5% rating | max = 5 methods | 2.5% | 2.50% | TitanFx offers 5+ deposit methods, such as Bank Wire, Visa, Skrill, Neteller, and StickPay = 2.5% rating |
| C.9 TitanFx Number of Withdrawal Methods | For every withdrawal method = 0.5% rating | max = 5 methods | 2.5% | 2.50% | TitanFx offers 5+ withdrawal methods such as Visa, Skrill, PerfectMoney, Crypto, and StickPay = 2.5% rating |
| C.10 Minimum Stop-Order Levels (in pips) | 2 pips or less = 1% rating | 3 pips or less = 0.5% rating | 4 pips or less = 0.25% rating | 1.0% | 0.50% | TitanFx offers 3 pips minimum stop-out order distance = 0.5% rating |
| C.11 (+) TitanFx ADJUSTING RESULTS | ||||
| C.11.1 Offering more than 100 Forex Pairs | Offering more than 100 Pairs = 1.0 % rating / No = 0 % rating | 1.0% | 0.00% | 60 Forex pairs = +0% rating |
| C.11.2 Paying Interest on unused funds | Paying interest on Unused Funds = 0.50 % rating No = 0.0 % rating | 0.5% | 0.00% | No = +0% |
| C.11.3 TitanFx Contests | Contests = 0.25 % rating | No = 0 % rating | 0.25% | 0.25% | TitanFx offers a Demo Account Competition = +0.25% rating |
| D. TITANFX TECHNOLOGY | MAX WEIGHT→ | 16.0% | 15.50% | Rating the TitanFx Technological Efficiency |
| D.1 TitanFx Trading Platforms Availability | For every Platform = 1.0% | max = three (3) platforms | 3.0% | 3.00% | TitanFx offers MT4, MT5, and a Webtrader = 3.0% rating |
| D.2 Trading-On-Charts | Offering Trading-On-Charts = 1.0 rating | No=0% | 1.0% | 1.00% | TitanFx is offering 'Trading-On-Charts' via MT4/MT5 = 1.0% rating |
| D.3 TitanFx Slippage on Execution | Slippage < 1.00 pip = 1.0% rating | < 1.25 pip = 0.75% rating | < 1.50 pip = 0.5% rating | < 1.75 pip = 0.25% rating | 1.0% | 1.00% | TitanFx Slippage on execution is less than 1.0 pip = 1.0% rating |
| D.4 TitanFx Automated Trading Allowance | Automated Trading is Allowed = 2.0 % rating / No = 0 % rating | 2.0% | 2.00% | TitanFx allows automated trading = 2.0% rating |
| D.5 TitanFx MT4 Platform Availability | MT4 is Provided = 2.0 % rating / No = 0 % rating | 2.0% | 2.00% | TitanFx offers the MT4/MT5 trading platforms = 2.0% rating |
| D.6 TitanFx Mobile Apps | iOs= 1% rating | Android = 1% rating | max = 2% rating points | 2.0% | 2.00% | TitanFx offers an MT4 App for iPhone, iPad, and Android = 2.0% rating |
| D.7 TitanFx Allowing Scalping / Hedging | Yes, both are allowed = 1.0 % rating | Only Hedging / Scalping = 0.5% rating | Both are Forbidden = 0 % rating | 1.0% | 1.00% | TitanFx fully allows both Scalping and Hedging = 1.0% rating |
| D.8 TitanFx Customer Service | 24/7 Support = 1.0 % rating | 24/6 Support = 0.5 % rating | 24/5 Support = 0 % rating | email support = 1.0% rating | Phone support = 1.0 %. | Live Chat support = 1.0% | Skype support = 1.0 % | Forum support = 1% | Call-Back = 0.5 % rating | 4.0% | 3.00% | TitanFx offers 24/5 Customer support = 0%, via eMail, Phone, Live Chat = 3.0% | Total rating is 3.0% |
| D.9 (+) TitanFx ADJUSTING RESULTS | ||||
| D.9.1 TitanFx PAMM / MAM Accounts | PAMM / MAM Accounts = +0.5% rating | No = 0 % rating | 0.5% | 0.00% | TitanFx is not offering PAMM/MAM accounts = +0.0% |
| D.9.2 TitanFx Free VPS | Free VPS = +0.5% rating | No = 0 % | 0.5% | 0.50% | TitanFx is offering a free VPS hosting service = +0.5% |
| D.9.3 TitanFx API Trading | API trading = +0.5 % rating | No API = 0.0 % rating | 0.5% | 0.00% | TitanFx is not offering API trading = +0.0% |
| TOTAL TITANFX RATING | 68.38% | |||
TITANFX LICENSES AND LEGAL INFORMATION
■ TITANFX is the trading name of Titan FX Limited Company (Republic of Vanuatu)
■ Titan FX Limited (reg. No. 40313) regulated by the Financial Services Commission (FSC) of the Republic of Vanuatu
■ In case of corporate insolvency, there is no compensation scheme
■ FOREX RATINGS: ► RoboForex Rating | ► TitanFx Rating | ► FXDD Rating | ► IC Markets | ► FxOpen | ► FP Markets | ► FBS Group | ► AXI Rating
■ COMPARE: » Brokers Directory | » Automated Trading Systems
□ TITANFX Rating Review
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