Plus500 vs Titan FX Comparison

Plus500 vs Titan FX Broker Comparison

Plus500 versus Titan FX
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$100Web Trader & Apps2000+FCA, CySEC, ASIC, FSCA, FMA, MAS & IE
$200MT470+VFSC

Plus500 and Titan FX Comparison

Both of these brokers offer Forex trading. Plus500 offers a relatively large number of CFD. Titan FX is an ECN broker and provides less, but still offers a competitive number for an ECN broker. Plus500 focuses on discretionary trading, providing a particularly clear platform, with a relatively wide range of charting tools. Titan FX focuses on ECN performance, in terms of high speed order processing and support for styles such as scalping and automated trading. Titan FX provides MT4, Plus500 does not, but does offer a web trader and apps.

Plus500UK Ltd is authorized and regulated by the FCA (#509909). Plus500CY Ltd is authorized and regulated by CySEC (#250/14). Plus500SG Pte Ltd is licensed by the MAS (#CMS100648-1) and IE Singapore (#PLUS/CBL/2018). Plus500AU Pty Ltd (ACN 153301681) is licensed by: ASIC in Australia, AFSL #417727 and FMA in New Zealand, FSP #486026 and is an authorised Financial Services Provider in South Africa, FSP #47546. Titan FX is regulated by the VFSC in Vanuatu.

Quick comparison

Plus500 has more markets on its web trader, Titan FX offers ECN trading on MT4.

Account types and minimum deposit

The minimum deposit for Plus500 is $/€/£100 or AU$200. The minimum deposit for Titan FX is $200.

  • Titan FX offers the Zero Standard STP account, the Blade ECN Zero account, an Islamic account and the Active Trader Program. Hedging, scalping and EAs are allowed for all account types, as is micro lot trading. Titan FX offers markets analysis, economic news, self improvement articles for a 'Forex Lifestyle' and an economic calendar. Titan FX uses Equinix's NY4 Data Centre.
  • Titan FX's Standard and Islamic accounts do not charge commissions, the Blade ECN account does charge commissions.
  • Titan FX's Active Trader Program provides a dedicated relationship manager, segregated client accounts, advanced reporting, custom solutions, virtual server hosting and aggregated anonymous data (AAD).
  • Plus500 has an Economic Calendar on its website covering news events and market effects.

Markets

  • Plus500 offers Forex pairs, Indices, Energy, Metals, Soft Commodities, Stocks, ETFs, Cryptocurrencies and Options CFDs, with 2000+ available.
  • Titan FX offers Forex pairs, Indices, Energy and Precious Metals, with 70+ available.

Plus500 provides 55+ Forex pairs and Titan FX provides 55+ Forex pairs.

Spreads and leverage

  • Plus500 offers fixed and variable spreads depending on the instrument.
  • Spreads at Titan FX are variable and are from 0.0 for EUR/USD (with an average of 0.2), 1.6 for UK100, 0.2 for Gold and 0.06 for US Crude Oil. Standard EUR/USD spreads have an average of 1.2.

The maximum leverage for Plus500 is . The maximum leverage for Titan FX is 500:1.

Commissions

  • Plus500 does not charge commissions.
  • Titan FX charges a commission of $0.035 per 0.01 lots (i.e. $3.50 per lot) per side (thus $0.07 per micro lot round trip) on the Blade ECN account. Titan FX says that it approximates the USD charges and has a monthly review of these approximations for other account currencies.

Platform

Plus500 offers its own trading platform. Plus500's platform has 95+ technical indicators, time frames from tick to 1 week and 7 chart price types. Titan FX offers MT4 and an MT4 webtrader.

Why Plus500 or TitanFX ?

Titan FX supports ECN trading, with high speed order execution and trading with a commission charge (and without) on MT4. Plus500 supports traders who wish to trade on a web trader and apps without a commission charge, with tools to analyse charts. Plus500 can offer considerably more markets, but Titan FX has a competitive number for an ECN broker.

Comparison summary

  • Titan FX is an ECN broker
  • Ttian FX can provide very low spreads with a commission charge
  • Plus500 can offer tight variable spreads without a commission charge
  • Plus500 provides a relatively large number of CFDs
  • As an ECN broker, Titan FX still offers a competitive number of CFDs
  • Both brokers have a similar number of Forex pairs
  • Titan FX provides MT4, Plus500 offers a web trader and apps

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