Editor’s Verdict
Overview
Review
Headquarters | Seychelles |
|---|---|
Regulators | CySEC |
Year Established | 2010 |
Execution Type(s) | Binary Options |
Minimum Deposit | $350 |
Islamic Account | |
Signals | |
US Persons Accepted? | |
Managed Accounts |
Titan Trade is a web-based binary option trading platform created by industry veterans aiming to create a more comfortable and diverse binary options trading experience. Titan Trade was founded in 2010 and is a one-stop brokerage firm for binary options traders. It offers traders a wide range of trading assets that include stocks, indices, commodities and currencies. Titan Trade is headquartered in the Seychelles and has offices in several other locations such as Russia, Hong Kong and Australia. There is no regulation available.
Accounts
There are several accounts to choose from at Titan Trade. Their Mini Account offers full access to their trading platform. A minimum deposit of $350 is needed to fund this account and there is no bonus. The Standard Account requires a minimum deposit of $5,000 and a 50% deposit bonus is awarded. There is $35,000 will fund the Deluxe Account and account holders receive a 75% welcome bonus for this amount. The required amount of deposit in the Platinum Account is $50,000 and the bonus is determined after the deposit is made.
An ebook is available to anyone opening an account and other benefits are offered to some account holders.
Payouts at Titan Trade can reach as high as 85% on a 60 second option.
When doing this review, I was disappointed that no demo account was offered as this feature is always a beneficial one for new traders just starting out.
Features
Titan Trade experts provide detailed strategy suggestions that are useful and insightful and more than worth reading before placing a trade.
Traders can benefit from daily rate changes by deciding which rates to choose while analyzing their corresponding payouts at the same time with a potential return can be up to 1500%. Traders have the option to decide which rates and directions suits them the best and they can even sell your trades before they expire.
Also new to Titan Trade is the ability to execute a Forex investment with a Binary Option strategy.
Among the various trading options, Titan Trade offers a 60 Seconds trading platform that gives investors an attractive opportunity wherein they can profit from the swift changes in the Forex market. Here traders can make unlimited trades that expire in just one minute with the minimum trade amount of $5.
The One Touch option ensures traders up to 500% returns on their investments. It is a trading platform where traders experience an all-or-nothing trading experience. Traders either win the entire amount or end up losing all of it.
Pairs trading is one of the safest trading platforms for traders at Titan Trade, as instead of deciding whether the price of an asset will go above or below the current rate by your expiry time, traders are allowed to make their trade based on whether one asset will outperform another within a specific time frame. Thus, if traders have selected the asset that finishes at an expiry rate higher than the competing asset they will receive their payout percentage. However, if the other asset outperforms a trader’s chosen asset then they do not receive any payout.
Bonuses/Promotions
As a way of showing gratitude to their loyal clients, Titan Trade offers a $50 reward for every friend referred to their platform. For every referred friend that opens an account and begins to trade, both the referrer and the friend receive a bonus of $50 directly into your trading accounts.
An interesting promotion being offered at the time of this review was Berlin2015 Champion League Final whereby the highest ranking trader according to volume of trades receives a free ticket and 3-day stay in Berlin. The list of the competitors is posted on the site. This competition ends on May 28th.
At the time of this review, there was a 70% bonus for VIP account holders posted on the site but there was no other information listed. Deposit bonuses vary according to account opened.
Education
At the Titan Trade Academy, there is a full line of educational video courses for beginners as well as experienced traders as well as guides in subjects such as monthly strategies, investment risk portfolios, portfolio management and more. In addition, there is an informative binary ebook, a glossary, FAQ section and explanations of the various asset classes.
Educational Courses
An interesting addition to the education section is the trading strategies presented by individual Titan Trade experts. Topics such as Synthetic Long Strategy, Money Management Strategy, Short term with the Triangle Strategy and others are presented in detail and are geared towards traders with all levels of trading experience.
Titan Trade offers both a daily and weekly news review.
Deposits/Withdrawals
Deposits methods include credit, debit cards and e wallets such as Neteller. Withdrawals of all funds that are deposited by credit card are returned to the original credit card. Any profits are sent via wire transfer. Withdrawals can take up to 5 days to be received to bank account. VIP withdrawals are processed within 24 hours.
Customer Support
Customer Support Methods |   |
|---|---|
Support Hours | 24/5 |
Website Languages |  |
24 -hour 7 day a week customer service is offered and contact phone numbers are provided in their overseas locations. At the time of this Titan Trade review, correspondence is available in English only.
Conclusion
The Titan Trade website is user-friendly and easy to navigate. However, I found several items posted on the front page that didn’t open to any additional information and this was somewhat disconcerting. Customer support is responsive and they help to make trading a simple experience.
Features
Choices are always a good feature with any binary option broker and Titan Trade offers many. There five different account types which accommodate traders with all levels of trading experience. Titan Trade is a web-based trading platform and traders who are looking for a comfortable trading platform will find it at Titan Trade as it was created by industry veterans aiming to create a more down to earth and diverse binary options trading experience.
Platforms
Proprietary Platform
With Titan Trade’s Binary Options platform a trader can trade Binary Options 24/7. Unlike many other binary option brokers where a trader is either “in the money” or “out of the money, some options at Titan Trade offer a small payout percentage even if the trade was out of the money. The minimum trade amount is 25 USD.
The 60 Seconds trade platform gives the trader the opportunity to quickly profit from the constantly changing asset prices. The platform offers unlimited trades that expire in just one minute. A trader needs only to choose an asset and predict if its price will go up or down. The minimum trade for this platform is $5.00.
Titan Trade Trading Platform
The expiry times for LONGTERM trades are no shorter than three days from the time of the investment. This platform offers more range and leniency when choosing your expiry times, as opposed to Binary Options, which have always been shorter term trades with a lower risk level and high payouts.
One Touch is an all-or-nothing trading experience. This means that if a trade is in the money, payouts can be as high as 500%. But if the trade is out of the money all the invested money is lost. The benefit of One Touch trading is that the trader does not need to wait for the expiry time. As soon as a trade is made, the asset’s rate just needs to reach the target price or fall below it in order to receive a payout. These options offer returns of 150% to 500%.
The Pairs option is an innovative way of trading assets. The assets, offered in pairs, are always in the same industry so a trader can analyze the market based on that particular field; for example: Gold vs. Silver or Apple vs. Google.
With the recently introduced Ladder feature, a trader can now benefit from rate changes by deciding which rates to choose while analyzing the corresponding payouts at the same time. This gives a trader the option to decide which rates and directions suits they like best with a potential return of up to 1500%.
Titan Trade Mobile App Platform
Trading Platform
Automated Trading | |
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Guaranteed Stop Loss | |
Hedging | |
OCO Orders | |
Interest on Margin |