Forex account seems to be a bit difficult to deal with. Many of you may think so and stepping on the edge of the market.
In fact, TITANFX is a highly recommended overseas brokerage firm for beginners!
There are five reasons, and I’ll explain them in order.
Very narrow spreads.
When you open an fx account, there is often an account opening bonus, but TITAN FX doesn’t have it.
When I checked carefully, I found that the spread of the company with bonus is very wide.
The moment you take a position, it’s quite negative.
TITAN FX has very narrow spreads, and when the market for that currency is open, it is even narrower and easier to trade.
Even without the bonuses, the user-friendly setup is the reason why the number of users is growing.
Some of the most common forex-related problems we hear about are orders not being fulfilled as instructed, server failure, etc.
Sometimes, through no fault of ours, funds are at risk.
How is that possible? You may think, “What’s the point?
Bad forex companies easily lose their servers and orders are not fulfilled.
TITAN FX has a high execution rate.
As an example, they did their best without falling in the market during the corona shock.
This is an important point because you are entrusting your money to them.
TITAN FX has a maximum leverage of 500x.
So you can fight efficiently with less money. It’s not such a great deal, and the fees are probably too high. It is no wonder that you think that the commissions are high.
Even if you can get a profit from trading, if the commission is high, your profit will decrease by the same amount. This is an important point.
TITAN FX offers two types of accounts.
Standard is $0.00, no matter how many times you trade.
The Blade account has a super narrow spread, but charges a fee of $3.5 per lot.
You can choose the account that best suits your technique and you can add more accounts later.
By the way, my recommendation is Blade.
Over 100 different stocks to trade
You won’t be trading all the stocks, but it’s quite an advantage to be able to tinker with the currencies and commodities that are easy for you to get information about.
You can also buy and sell the NASDAQ and Dow after hours, which I think makes it easier to avoid risk.
TITAN FX is available 24 hours a day on business days via live chat and email.
I contacted them when I made a withdrawal and it wasn’t pronounced suspiciously. It’s very reassuring.
With so many fx companies to choose from.
It would be interesting to recommend a different company here, but I think TITAN FX is an easy to use and stable company.
There are no campaigns, but the daily news and columns on the attitudes towards forex are also worth reading.
It is the company which does not introduce fx in the gambling element, and offers the environment in which trading can be done seriously.