Abstract:When we tried to visit the broker's website, it showed a "server down" message, which made us even more suspicious about this broker. In this article, we’ll share what users think about the broker and give our analysis.
Titan Capital Markets operates under the website https://titancapitalmarkets.com. After seeing many negative comments online about Titan Capital Markets. We decided to check its reviews on Trustpilot. When we tried to visit the broker's website, it showed a “server down” message, which made us even more suspicious about this broker. This led us to look deeper into Titan Capital and read what users had to say. In this article, we will share what users think about the broker and give our analysis.
Clone Website
This is a clone website trying to impersonate Titan Capital Partners. I fell for their scam initially, but I have been able to get my money out.
Poor Customer Support
This is a completely fraudulent prop firm. The admins and moderators have a terrible attitude, and you can't get any help from them. They reject payouts, and they dont respond or make payments.
SCAM
This company is a scam. Never ever invest in their plans; you will never get anything back.
Ask for Extra Fees to Withdraw
It is not a genuine platform. The capital and the divident are held at a short notice often. It's unacceptable. It's cheating. Now, they advise changing to a new system by depositing 20% of the capital withheld.
User shared the Cons of Titan Capital Markets
1. Titan Capital Markets changes its rules very often. Some changes may not be helpful for all users.
2. Do not have any official accounts on social media platforms (like Telegram, Facebook, Twitter, etc.) where you share thoughts directly with the management.
3. Leaders have too much power. Leaders mostly control the titanic capital market. They can terminate your account if you don't do what they want.
4. Withdrawal takes 72 hours.
5. No app is available.
6. You have to pay extra money for the subscription. Previously, subscription royalties were available for withdrawal, but not now.
WikiFX Review
Titan Capital is categorized as high-risk on WikiFX, with a low score of 1.40 out of 10 . When we looked at the reviews of the broker , we found there are 42 negative comments about Titan Capital and only 4 positive ones.
WikiFX issued a warning about the broker stating-
1. Warning: Low score, please stay away!
The number of complaints received by WikiFX has reached 37 for this broker in the past months. Please be aware of the risk and the potential scam!
2. The number of this broker's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
3. Australia SIC (license number: 001296165) The regulatory status is normal; the official regulatory status is revoked. Please be aware of the risk!
4. This broker exceeds the business scope regulated by Australia ASIC (license number: 089 386 569)Administration of Industry and Commerce-Register Non-Forex License. Please be aware of the risk!
5. The current information shows that this broker does not have trading software. Please be aware of the risk.
Conclusion
Avoid investing with Titan Capital, as it may lead to financial loss and possible fraud. Its crucial to only trust brokers that are legitimate and have strong, positive customer reviews. Protect your investments by doing thorough research and selecting brokers with a proven track record of reliability and transparency.