Score

1.54 /10
Danger

Titantrade

United Kingdom

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 5

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.23

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Warning

SG MAS
2016-08-15

Sanction

AU ASIC
2016-08-08

Broker Information

More

Company Name

GN Capital Limited

Company Abbreviation

Titantrade

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 2
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 5 for this broker in the past 3 months. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
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Titantrade · Company summary

General Information & Regulation

TitanTrade is owned by GN Capital Limited, which is an offshore company registered in the Marshall Islands. The TitanTrade describe themselves as a global provider of Forex and CFDs trading with its global presence and offering to international clients. Yet, the TitanTrade and its affiliated brands showed and were detected in a relation to binary trading through NRGBinary company and other brands that affected the company to receive numerous warnings and listing in blacklists of respected world authorities.

Risk Warning

The Spanish regulator CNMV issued an official warning in 2017, while earlier only a year before TitanTrade was red flagged by Italian, CONSOB.

“Titan Trade Capital Limited, Dom Technology Services Ltd and Titan Trade Solutions Ltd are not authorized to provide investment services and investment activities by any means.”

Markets Instruments

TitanTrade offers traders a wide range of trading assets that include stocks, indices, commodities and currencies.

Minimum Deposit

There are several accounts to choose from at Titan Trade. Their Mini Account offers full access to their trading platform. A minimum deposit of $350 is needed to fund this account. The Standard Account requires a minimum deposit of $5,000.

Trading Platform Available

With Titan Trades Binary Options platform a trader can trade Binary Options 24/7. Unlike many other binary option brokers where a trader is either “in the money” or out of the money, some options at Titan Trade offer a small payout percentage even if the trade was out of the money. The minimum trade amount is 25 USD.

The 60 Seconds trade platform gives the trader the opportunity to quickly profit from the constantly changing asset prices. The platform offers unlimited trades that expire in just one minute. A trader needs only to choose an asset and predict if its price will go up or down. The minimum trade for this platform is $5.00.

Deposit& Withdrawal

Deposits methods include credit, debit cards and e wallets such as Neteller. Withdrawals of all funds that are deposited by credit card are returned to the original credit card. Any profits are sent via wire transfer. Withdrawals can take up to 5 days to be received to bank account. VIP withdrawals are processed within 24 hours.

Customer Support

24 -hour 7 day a week customer service is offered and contact phone numbers are provided in their overseas locations. At the time of this Titan Trade review, correspondence is available in English only.

Educational Resources

At the Titan Trade Academy, there is a full line of educational video courses for beginners as well as experienced traders as well as guides in subjects such as monthly strategies, investment risk portfolios, portfolio management and more. In addition, there is an informative binary ebook, a glossary, FAQ section and explanations of the various asset classes.

User Reviews

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User comment

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Comments

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Yuri2
more than one year
I can't emphasize enough how terrible my experience with Titantrade has been. The technology is downright scary! They sneakily charge fees even when trades haven't expired yet, or worse, inform you months after closing your account that they've converted your dollars to pounds. Don't entrust your money to them!
I can't emphasize enough how terrible my experience with Titantrade has been. The technology is downright scary! They sneakily charge fees even when trades haven't expired yet, or worse, inform you months after closing your account that they've converted your dollars to pounds. Don't entrust your money to them!
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2024-02-05 13:38
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杨胜贵
more than one year
Fraud, not recommend. They help you lose all your money but you think you will make a fortune. If you are not familiar with the market you only going to lose your money forever. Titantrade is a total scam. I’ve had money on their platform for months but was unable to withdraw it until now! Kindly stay clear.
Fraud, not recommend. They help you lose all your money but you think you will make a fortune. If you are not familiar with the market you only going to lose your money forever. Titantrade is a total scam. I’ve had money on their platform for months but was unable to withdraw it until now! Kindly stay clear.
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2023-03-23 17:53
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5