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September 18, 2016

Thinking of TitanFX? “Must-Read” Pros & Cons of the Service

You should read this before start trading with TitanFX.

We understand that there are hundreds of misleading information on the web, and you may be tired of seeing the same advertisement mentioning the same things.

Here are some tips for you to choose the most suited broker for yourself.

Pros

As an ECN(Electronics Communication Network) broker, TitanFX is especially focused on its execution speed and does not restrict any trading activities on its MetaTrader4.

Minimum spread starts from 0.1 pip with only 7 USD of trading commissions. It is a very low trading cost comparing to other Forex brokers.

TitanFX is also a partnered broker with SignalTrader and ZuluTrade where they provide “Social & Copy Trading System”.

TitanFX has got all kinds of basic trading tools ready for its traders, such as PAMM system, Social & Copy trading tools, Free VPS and Financial News.

Cons

TitanFX does not offer any Bonus Promotions often.

TitanFX is not regulated by any Financial Authorities, but only registered for FSPR in New Zealand and IBC in Saint Vincent and the Grenadines.

Is TitanFX suited for you?

TitanFX’s trading condition is suited for traders who are looking to make real profits, but you cannot earn benefits of some bonuses from the broker.

No Promotions are offered often though, its unlimited trading platforms and low cost of trading may cover the shortcoming this time.

Regarding to its Financial License, TitanFX doesn’t have one yet though, its background is a Mega-broker, and we can see that TitanFX is serious about providing honest service by checking over its activities over the years.

If you are worried about certain security of funds or looking for exciting Bonus Promotions, then you may find other brokers attractive though, it is also difficult to find another broker with the same condition and the low cost of tradings.

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