Titan Capital Markets is a forex broker that claims to offer a variety of trading services, including CFDs, forex, and indices. However, there are a number of red flags that suggest that Titan Capital Markets is a scam broker.
Company Overview
Titan Capital Markets is a relatively new broker, having been founded in 2022. The company is registered in the British Virgin Islands, but it does not have any licenses or regulations from any reputable financial authorities.
Does Titan Capital Markets Have Any License?
No, This company does not have any licenses or regulations from any reputable financial authorities. This is a major red flag, as it means that the broker is not subject to any oversight or regulation.
Are Titan Capital Markets Regulated By Any Authority?
No, Titan Capital Markets is not regulated by any authority. This is another major red flag, as it means that the broker is not subject to any oversight or regulation.
Pros and Cons
Pros:
- The minimum deposit is low.
- This trading platform is user-friendly.
- The spreads are competitive.
Cons:
- The broker is not regulated by any reputable financial authority.
- There are a number of negative reviews about the broker online.
- The broker is not transparent about its fees and charges.
How Does Titan Capital Markets Reach To Their Prey?
Titan Capital Markets uses a variety of methods to reach out to potential traders, including:
- Spam emails
- Social media ads
- Cold calls
The broker often targets inexperienced traders who are looking for a way to make quick money.
Technical Details
Minimum Deposit:
The minimum deposit at Titan Capital Markets is $250.
Trading Platform:
They use the MetaTrader 4 trading platform. This is a popular and well-respected platform that is used by many forex brokers.
Spread:
The spreads at Titan Capital Markets are competitive. The average spread for EUR/USD is 1.0 pip.
Leverages:
They offer leverage up to 1:500. This is a high level of leverage, which can magnify profits and losses.
Packages and Products They Offer
Titan Capital Markets offers a variety of trading packages, including:
Starter Package:
This package has a minimum deposit of $250 and offers a leverage of 1:500.
Advanced Package:
This package has a minimum deposit of $1,000 and offers a leverage of 1:1000.
VIP Package:
This package has a minimum deposit of $5,000 and offers a leverage of 1:2000.
Withdrawal and Deposit Method
Titan Capital Markets offers a variety of withdrawal and deposit methods, including:
- Credit/debit cards
- Wire transfers
- E-wallets
What Do Their Previous Traders Say?
There are a number of negative reviews about Titan Capital Markets online. These reviews allege that the broker is a scam and that it has refused to allow traders to withdraw their funds.
Summing Up- Why Should Not You Trust Titan Capital Markets
There are a number of reasons why you should not trust Titan Capital Markets. These reasons include:
- The broker is not regulated by any reputable financial authority.
- There are a number of negative reviews about the broker online.
- This broker is not transparent about its fees and charges.
If Bad Things Happen, Where Can You Get The Quick Solution?
If you have lost money with Titan Capital Markets, you can contact the financial regulation authority for your region. Also, you can contact the law enforcement agency.
But, for a quick solution, you should contact us immediately. We will provide you with a free consultation call in which we will discuss some recovery options based on your case.
File A Complaint Against Scam Broker's
Final Thoughts
Titan Capital Markets is a scam broker that should be avoided. If you are looking for a legitimate forex broker, we recommend that you do your research and choose a broker that is regulated by a reputable financial authority.
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