English

Titancfd Forex broker specializes in providing foreign exchange trading services, the company's official website https://platform.tit..., the company's legitimate regulatory information to enhance the security of the company's address Madara 25,78034,Vängla,Estonia

Titancfd Forex Broker

Basic Information

Registered Region

Estonia

Operating Period

Company Name

Titancfd

Abbreviation

Titancfd

Company employee

Customer Service Email Address

info@titancfd.com

Contact Number

+39505050

Company Website

https://www.titancfd.com

Company address

Madara 25,78034,Vängla,Estonia

Keywords

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Company profile

General Information TitanCFD is an online forex broker registered in Estonia, offering a series of CFD produts on indices, Shares, Commodities, and ETFs. TitanCFD is not authorized or regulated by any regulatory authorities. Please be aware of the risk involved. Market Instruments TitanCFD offers its clients a series of CFD products on currencies, stocks, indices, commodities, ETFs, and synthetic derivatives. Account Types TitanCFD offers clients a range of trading accounts, namely Basic, Discovery, Silver, Gold, Diamond, VIP, Prestige, Superior and Infinity accounts. To open a Basic account, an initial deposit of $200 is required. The most expensive trading account, Infinity, asks for a minimum deposit of $100,000, incredibly high. How to open an account with TitanCFD？ Both live and demo account can be opened easily with the TitanCFD platform. A demo account is here for beginners to get a feel of this platform and practice their trading skills. To open a live account, a few steps are listed below: 1. Click on the “Sign up” link on the homepage of the TitanCFD website. 2. Fill in some required details and upload your personal document for verification. 3. After approval, your account will be registered successfully. 4. Fund your account and start to trade on this platform. Fees Applied Fees charged by this broker include spreads, commissions, rollover fees, administrative fees, currency conversion fees. The financing fee is calculated on the open position left overnight. It will be debited at 00:00 GMT, according to the following: Inactivity Fees: The absence of any trading activity for a period of at least three months, the company would apply a fee of EUR 150, charged on a quarterly basis. Conversion Fees: TitanCFD also apply a currency conversion fee on instruments denominated in a currency different to the currency of your account. The fee will not apply to forex pairs, and it will apply on overnight financing fees (rollover fees) for positions left open overnight. The currency conversion fee amounts to 0.7% of the trade‘s realized net profit and loss, which is reflected in real time in the open position’s unrealized net profit and loss. Leverage TitanCFD allows its retail clients to use the maximum trading leverage up to 1:20 for forex trading, while the professional traders can apply a higher leverage amount, up to 1:200. Trading Platform TitanCFD offers its clients the access to popular MT5 trading platform that can be available for Desktop, Mobile and Web terminals. Traders can quickly analyze market activity, place trades, and integrate automated systems thanks to this powerful platform's convenient workspace (Expert Advisors). Everything you need to begin trading on the financial markets, including all of the above features, is available in a single, convenient interface. Payment Methods The minimum deposit to invest with TitanCFD is $200. This broker allows its clients to make a deposit and withdrawal through multiple payment methods, including VISA, MasterCard, SOFORT, ECOPAYZ, MyBank Skrill, Rapid, Neteller, Bank Transfer, and Paysafe. Customer Support Traders can reach out to TitanCFD about any questions or concerns they may have about their accounts or their trading through the following methods: Telephone: +39505050 Email: support@titancfd.com Registered Company Address: Madara 25,78034,Vängla,Estonia. The TitanCFD customer support is available from Monday to Friday: 8:00 to 20:00 GMT +2. Risk Warning There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you. The information presented in this article is intended solely for reference purposes.

Titancfd broker review

Is Titancfd safe or scam

Rating Index

TitanCFD Forex Broker - Complete Information Guide

1. Broker Overview

　　TitanCFD, established in 2022, is an online trading platform that claims to offer a range of financial services. The company is purportedly headquartered in Estonia, specifically at Madara 25, 78034, Vängla. TitanCFD operates as a private entity, lacking any public trading status. Its target market primarily includes retail traders from various regions, particularly in Europe. Since its inception, TitanCFD has aimed to provide trading opportunities in forex, commodities, indices, stocks, and cryptocurrencies.

　　Despite its claims of legitimacy, TitanCFD has faced scrutiny and allegations regarding its operational integrity. The broker has been linked to a series of complaints, particularly concerning withdrawal issues and regulatory status. It is important to note that TitanCFD is reportedly associated with a company named Vie Finance, which operates under different trading names but has no direct affiliation with TitanCFD. The broker's business model appears to focus on retail forex trading, attracting clients with promises of high returns and a user-friendly trading experience.

2. Regulatory and Compliance Information

　　TitanCFD operates without any valid regulatory oversight. The broker claims to be regulated by a non-existent entity known as HBMC, which has raised significant red flags among financial authorities. Notably, TitanCFD has been blacklisted by the Italian regulator Consob and the Estonian Financial Supervisory Authority, indicating its unregulated status.

　　The absence of a legitimate regulatory framework means that TitanCFD does not follow essential compliance measures such as client fund segregation, which is crucial for protecting investors' assets. Furthermore, the broker does not participate in any investor compensation schemes, leaving clients vulnerable in the event of insolvency. The lack of Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance also poses additional risks for potential investors.

3. Trading Products and Services

　　TitanCFD claims to offer a diverse range of trading products, including:

Forex Pairs: The broker provides various currency pairs, including major pairs such as EUR/USD, GBP/USD, and AUD/USD.
CFD Products: Clients can trade Contracts for Difference (CFDs) across multiple asset classes, including indices, commodities, stocks, and cryptocurrencies.
Cryptocurrencies: TitanCFD purportedly allows trading in popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC).

　　Despite these offerings, the actual availability and performance of these products remain questionable due to the broker's unregulated nature. There is no clear information on the frequency of product updates or the introduction of new trading instruments.

4. Trading Platform and Technology

　　TitanCFD promotes its proprietary web-based trading platform, which is marketed as user-friendly and suitable for traders of all levels. However, many users have reported difficulties accessing the platform, often encountering error messages related to login credentials. This raises concerns about the platform's reliability and functionality.

　　The broker does not support industry-standard platforms such as MetaTrader 4 or MetaTrader 5, which are widely recognized for their advanced trading features and user-friendly interfaces. Additionally, there is no indication of a mobile application for trading, limiting accessibility for users on the go. The execution model employed by TitanCFD is unclear, and there are no details regarding the technological infrastructure or server locations that would typically ensure efficient trade execution.

5. Account Types and Trading Conditions

　　TitanCFD offers several account types, each with varying minimum deposit requirements. The basic account requires a minimum deposit of $200, while higher-tier accounts necessitate significantly larger investments, including:

Discovery Account: $2,000
Silver Account: $5,000
Gold Account: $10,000
Diamond Account: $15,000
VIP Account: $30,000
Prestige Account: $50,000
Superior Account: $75,000
Infinity Account: $100,000

　　The trading conditions, including spreads and commissions, are not transparently disclosed, making it difficult for potential clients to assess the cost of trading with TitanCFD. Additionally, the broker does not provide a demo account, which is a standard feature among reputable brokers, limiting new traders' ability to practice without financial risk. The leverage offered by TitanCFD is capped at 1:30, aligning with European regulatory standards, although this is not a guarantee of safety given the broker's lack of proper oversight.

6. Fund Management

　　TitanCFD supports various deposit methods, including credit cards and bank transfers. The minimum deposit requirement is set at $200 for the basic account. However, there is insufficient information regarding the processing times for deposits and withdrawals, leading to potential delays for clients attempting to access their funds.

　　The broker does not clearly outline its withdrawal procedures or any associated fees, which is a common tactic among fraudulent firms to obscure the withdrawal process. This lack of transparency raises significant concerns regarding the security of client funds and the overall reliability of TitanCFD as a trading platform.

7. Customer Support and Educational Resources

　　TitanCFD claims to offer customer support through various channels, including email and phone. However, the effectiveness of this support is questionable, as many users have reported difficulties in reaching the broker after making deposits. The availability of multilingual support is also unclear, which could be a barrier for non-English speaking clients.

　　In terms of educational resources, TitanCFD appears to provide minimal content, lacking comprehensive training materials or market analysis services. Traders seeking to enhance their knowledge and skills may find the broker's offerings inadequate, especially when compared to more established firms that provide robust educational tools and resources.

8. Regional Coverage and Restrictions

　　TitanCFD primarily targets clients from Europe, particularly Italy, the UK, Belgium, and France. However, the broker does not accept clients from the United States, which limits its potential customer base. The absence of regional offices further complicates its operations and raises questions about its overall legitimacy.

　　In summary, TitanCFD presents numerous red flags that potential investors should be aware of. The lack of regulatory oversight, unclear trading conditions, and questionable customer support indicate that this broker may not provide a safe trading environment. It is advisable for traders to conduct thorough research and consider alternative, regulated brokers to ensure the security of their investments.

　　In conclusion, TitanCFD is a high-risk broker that investors should approach with caution. The combination of unregulated status, limited transparency, and negative user feedback suggests that potential clients may be better served by seeking out more reputable trading platforms.

Titancfd Similar Brokers

Revoked

Goldstone

Best brokers