On-line since: About the company: TitanTrade is a binary options broker offering an assortment of trading assets, including stocks, indices, commodities and forex. Titan Trade is headquartered in Seychelles. The broker has offices in Russia, Hong Kong and Australia. Account types TitanTrade Micro (minimum deposit of $500). This is a low-risk account offering full access to the trading platform, a 20% bonus for first depositing, trading courses, access to TitanTrade daily market review and a copy of TitanTrade e-book. TitanTrade Classic (minimum deposit of $1,000-$2,500). In addition to all the benefits of Micro account, this account type offers two daily trading tips, a 30% bonus for the first deposit, education on technical analysis and support. TitanTrade Premium (minimum deposit of $2,500-$5,000). All the benefits of Classic account are supplemented with five daily trading tips, a 40% bonus for the first deposit and full access to Binary Options strategy guides aimed to streamline your trading decisions. TitanTrade Platinum (minimum deposit of $5,000-$10,000) account type extends the benefits offered by Premium account, adding 24/5 access to one of the company’s expert brokers, a 50% for first depositing, additional education on RSI and Moving Average, as well as TitanTrade market review, email and SMS notifications. VIP (minimum deposit of $10,000) account type enables its holders to make use of assistance of the brokerage and the widest access to trading opportunities and client services. It includes a 75% bonus for the first deposit, SMS and push notifications, VIP risk management portfolio and the financial portfolio tailor-made for VIP clients. Options types Titan Trade offers 60-second option among other trading solutions. It gives an exciting opportunity to make profit on swift fluctuations on the forex market. Traders can make unlimited trades that expire in just a minute with the minimum deal size of $5. One Touch option can bring traders a payout of up to 500%. Another offer includes trading pairs. Pairs option allows you to trade based on whether one asset will outperform another within a certain time period. Bonuses/campaigns Titan Trade offers a $50 reward for every new attracted client. Bonuses on deposits vary depending on the account type. Education Titan Traders provides video tutorials, the FAQ section an information about various asset types, as well as daily and weekly market review and experts’ strategies. All educational material is available both for beginners and professional traders. Support service The broker’s multilingual support team is available 24/7. Payment options Depositing options include debit cards and e-wallets. Withdrawal of money deposited by a credit card is returned to the account in the same way. Any profit is withdrawn via a wire transfer. Funds withdrawal takes up to 5 days and up to 24 hours for VIP clients. Advantages:
Disadvantages:
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I have trading experience with TitanTrade and my experience is totally a nightmare. I was suffering when trading with them because I don't find any good services from them. The platform that I use for trading lagging and slippage is too much. Also requotes there, it really makes me lost my money. the platform is unstable during market volatility. Don't trade with this broker because you will only lose money here and the broker is not responsible for your loss because they won't admit that their services are bad.
My scalping strategy is profitable with the TitanTrade platform. As I got a fixed spread and didn’t get any negative requotes so far. The MT4 platforms execution is fast and charting tools are awesome. so I can manage my accounts at $270 for almost two months. I can withdraw this money is so easily via Neteller, which takes 4 hours. Really I am pleased with TitanTrade broker.
The main downside of TitanTrade is their lack of regulation. Their trading services seem decent but I cannot risk my money by investing on an unregulated broker. There is no guarantee on the security of my funds.
Titan Trade has the worst order executions on the platform, it's delay, and because of that, I can't put my order when I was in a winning position. I realized that my winner trades were closed without any reason, closed after losses of 10 pips, and I had no stop loss on them. I feel suffering from trading with them. I don't like their system and leaving this broker. It's only wasting money here.
I have traded with many brokers but quite I am pleased with TitanTrade. I started with their TitanTrade Classic account and deposited $1500, they honestly fulfill all conditions. Orders are executed rather quickly, and most importantly allows to trade with advisors. From last month, I am option trader with combining of trades and partnership I gain pretty stable profit. The most pleasant moment with TitanTrade was last week when I withdrew my profit of $700 successful via wire transfer. Everything fine as for me.
The minimum initial deposit at TitanTrade is affordable but their payment options are very limited. I used my bank card to fund my account and I am honestly regretting opening an account now because their trading spread is just to high. Last time I checked, it was 8pips. And that is not even the highest that it goes. I am currently waiting for the release of my remaining balance as I don't want to continue trading with them anymore. I wish the process would go smoothly.
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