Titan Trade is a controversial broker that is part of the GN Capital Limited group. This offshore company operates in the Marshall Islands, a region notorious for almost no government oversight. This broker is not safe, and we do not recommend opening a trading account with them.
If you believe Titan Trade has scammed you, please reach out to our knowledgeable staff using our contact form or this email: [email protected]
This article discusses the evidence supporting our recommendation to avoid Titan Trade.
Is Titan Trade A Legit Broker?
We reviewed Titan Trade with real accounts and money. Our findings depend on more than 105 criteria, including safety and top-tier licenses.
GN Capital Limited is an offshore company in the Marshall Islands which owns Titan Trade. The Marshall Islands has almost no requirements or regulations. It does not regulate forex trading, which is why online brokers based here aren’t trustworthy.
Titan Trade advertises itself as a leading global forex and CFD broker. However, this company is not regulated, and the company targets low-income individuals with advertising that supports the highest risk investments.
The CNNMV, a Spanish regulator, issued an official warning in 2017 to avoid Titan Trade. A year earlier, Titan Trade was red-flagged by CONSOB, an Italian regulator. The French regulator Ontario Securities Commission, the Australian regulator ASIC (Australia), and the USA regulator CFTC (US Commodity Futures Trading Commission) issued similar warnings against Titan Trade.
Final Verdict – SCAM WARNING!
Titan Trade isn’t a secure or legit broker and was shut down one month ago. We don’t recommend opening a trading account at a brokerage firm with no top-tier licenses and does not comply with a set of rules. Traders should always choose an online broker with a good reputation and top-tier licenses.
We look forward to hearing your personal opinion about Titan Trade in the comments. If this online broker scammed you, contact us today with your details. Our knowledgeable team will help you follow the correct steps to sort out this situation.
Which Is The Best Trading Platform and App in UAE?
If you are searching for a scam free broker and trading platform as a UAE trader, you should always keep an eye on the most important criteria the will help you to separate the “wheat from the chaff”. Those criteria include: regulation, costs, withdrawal & deposit, accounts, available assets, platforms, mobile apps and customer support. As comparing brokers and platforms is not that easy, our team of analysts has gone ahead and done the job for you. They have compared 184 online brokers across 214 variables, and collected 2500 data points overall to get you a list of most recommendable platforms and apps for UAE traders and investors.
Are You Searching for A Comparable Forex Broker lite Titan Trade?
For those who are looking to trade forex and forex CFDs, we have put together a list of the most recommended forex brokers in UAE, which considers our comparison of 174 forex brokers in 8 major categories.
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