Titancfd Spreads, leverage, minimum deposit Revealed

　　

　　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.