Titan Trade is a broker for binary options, which went online with its platform of 2010. The platform is operated by the MHGG Tech Solutions Limited, based in London. However, the Binary options broker is not regulated. The parent company does not have a license of a financial regulation. This naturally raises the question of how serious is Titan Trade. This impression is due to partly very rough translation of the website further enhanced. In order to assess the achievements of the better I’ve taken the trading Titan Trade under the microscope. And I could not detect any noticeable problems. The selection of underlying assets is good and the trading platform can be operated very easily. For this is the customer service around the clock, even if only in English.
The most important facts about Titan Trade at a Glance:
- In London-based, but not regulated broker
- Yields of up to 85 percent with Turbo options
- Mobile app for iOS and Android
- English speaking customer service around the clock
- Social Trading possible
The website of Titan Trade
When the web site of Titan Trade this seems at first entirely in English. The language can be, however, among other things, switch to German. Most areas have now been translated into German. However, some content such as legal documents or the declaration of payment options are still only available in English. Here the broker should make improvements as soon as possible, since this is not just making a serious impression.
In addition, I’ve found some inconsistencies during my Titan Trade Test. Thus the minimum deposit for the smallest account in the FAQ is specified with 500 euro. Among the Konotarten is when you mini account a minimum deposit of 350 Euros. After my Titan Trade experience the latter figure is correct. Otherwise, the website of Titan Trade is structured quite clearly. After a short period of acclimatization you will find the desired areas without major problems.
The trade offer at Titan Trade
With around 58 basis values the choice of assets is not outstanding, for most traders enough. In the basic set of values found during the test period, 19 shares, 20 indices, 12 currency pairs and commodities 7. After my Titan Trade experience is here to issue a restricted basis of values which applies to the Mini account with a deposit of up to 5,000 euros.
About the trading platform of Titan Trade the following types of options are offered:
- Call / Put
- Long Term
- 60 seconds
- One Touch
- Ladder
The trading platform is very clearly laid out, so that even beginners are likely to find their way relatively quickly. This attempt is usually first with the classic call / put options. Here, only needs to be set if the course is the end of the chosen duration above or below the current price.
The binary options trading takes place at Titan Trade in four steps:
Under the heading long-term, there are options that, for example, expire until the end of the month or even the year-end. There is also fast turbo options with a maturity of 120, 60 or 30 seconds.
In Titan Trade Test arose were options returns of up to 77 percent in the classic Call / Put. In the 60 seconds options the potential return rises to 85 percent. Thus, the yields are around Titan Trade at an average level.
Highest yields the One Touch trade
The highest returns offered the Broker with my Titan Trader Test for One Touch options. Depending on the underlying me a maximum return of 560 per cent was offered. Can be traded between Monday and Friday, where the trade takes place daily at 5 PM GMT.
By clicking “Follow” can easily be incorporated into your own merchant account strategy. Of course, the Social Trading is no guarantee that actually gains are achieved. Therefore, traders should always enter a limit order to limit potential losses.
The account models in titanium Trade Test
The binary options broker offers four different trading accounts for its customers. Which account receives a trader depends on how common practice on the paid deposit. The minimum deposit at Titan Trade is 350 euros.
Mini Account:
- Deposit 350 up to € 5,000
- Processing time for payouts 7 working days
- Limited number of market news
- Only limited basis of values available
- 24/7 Customer Service
- Free eBook
Standard Account:
- Deposit: 5001-35000 Euro
- Bonus of up to 50 percent
- Processing time for payouts 7 working days
- Unlimited number of daily market news
- Full base of values available
- 24/7 Customer Service
- Trading App for mobile commerce
- Personal introduction by account managers
- Live signals via Trading App
- Test session with analysts at Titan Trade
Deluxe account:
- Deposit: 35001-50000 Euro
- Bonus of up to 75 percent
- Processing time for payments 5 working days
- Unlimited number of daily market news
- Full base of values available
- 24/7 Customer Service
- Trading App for mobile commerce
- Personal introduction by account managers
- Live signals via Trading App
- Certain number of live sessions with analysts
The pity is that with the Mini Account only a limited number of services offered. In particular, the limited Asset Index is very annoying. Those who want to benefit from all the advantages of the broker must at least open a standard account. However, the minimum deposit coincides with 5,000 euros for this purpose from relatively high.
