Plus500 vs Titan FX Comparison

Plus500 vs Titan FX Broker Comparison

Plus500 versus Titan FX Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$100Web Trader & Apps2000+FCA, CySEC, ASIC, FSCA, FMA, MAS & IE
$200MT4, MT570+VFSC

Plus500 and Titan FX Comparison

Plus500 offers a relatively large number of CFD markets to trade. Titan FX is an ECN broker and provides considerably less, but still offers a competitive number of markets for an ECN broker.

Plus500 focuses on traders who execute their own trades, 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 and MT5, Plus500 does not, but does offer its 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 platform. Titan FX offers ECN trading on MT4 and MT5.

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 market analysis, Forex monthly commentary, economic news, Forex education and self improvement articles for a 'Forex Lifestyle'. Titan FX uses Equinix's NY4 Data Centre for fast order execution. Titan FX supports social and copy trading via ZuluTrade and signal trading via MetaTrader.
  • 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, Indices, Energy, Metals, Soft Commodities, Stocks, ETFs, Cryptocurrencies and Options CFDs, with 2000+ available.
  • Titan FX offers Forex, Indices, Energy and 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. Titan FX can provide variable Forex spreads from 0 plus a commission charge and 1 without a commission charge.

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.

Online trading platform

Plus500 offers a web trader, a desktop download version and apps. Titan FX offers MT4, MT5 and apps.

Why Plus500 or TitanFX ?

Trader who want to trade on MetaTrader 4 (MT4) or MetaTrader 5 (MT5) can do so at Titan FX. Traders who want to trade with an ECN broker and social and copy trading may do so at Titan FX. Traders who wish to trade on a user friendly platform with a relativley wide range and large number of markets can do this at Plus500.

Comparison summary

  • Both brokers provide ECN trading
  • Titan FX offers MT4 and MT5
  • Titan FX allows EAs and social and copy trading
  • Plus500 offers a user friendly platform
  • Titan FX is an ECN broker
  • Plus500 has a larger number and wider range of markets to trade

What kinds of traders may find these brokers of interest ?

Traders who want to trade with a wide range of strategies, particularly ones based on high speed order execution (like automated trading strategies executed by robots) may find Titan FX of interest. Traders who execute their own trades and want to use an intuitive web platform with a range of charting tools to analyse markets may find Plus500 of interest.

Plus500

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