Score

1.38 /10
Danger

Titancfd

Estonia

2-5 years

Suspicious Regulatory License

High potential risk

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Score

Regulatory Index0.00

Business Index6.00

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

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Broker Information

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Company Name

Titancfd

Company Abbreviation

Titancfd

Platform registered country and region

Estonia

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-11
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Titancfd · Company summary

basic-info

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.

account-types

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:

fees-applied

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.

leverage

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.

payment-methods

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.

News

NewsWikiFX scam alert: CONSOB warns of Titancfd !

Italian regulator CONSOB issued an official warning against Titancfd on October 17. It is best for investors who are still trading Forex in Titancfd to leave trading as quickly as possible!!! Investors who have been deceived by this broker, please contact WikiFX to help you get your money back.

WikiFX
2022-10-23 09:30
WikiFX scam alert: CONSOB warns of Titancfd !

ExposureWikiFX Scam Alert: CONSOB Warns Against Titancfd!!!

The Italian regulator CONSOB issued an official warning against Titancfd on October 17th!!!

WikiFX
2022-10-19 11:25
WikiFX Scam Alert: CONSOB Warns Against Titancfd!!!

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FX1301089420
more than one year
The website of the company Titancfd can no longer be opened. I couldn't find a new URL online. Has this company changed their website address? If it goes out of business, I won't trade here.
The website of the company Titancfd can no longer be opened. I couldn't find a new URL online. Has this company changed their website address? If it goes out of business, I won't trade here.
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2023-03-01 15:43
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