Compare Titan FX vs USGFX

Compare Titan FX vs USGFX

Titan FX vs USGFX Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$200MT4, MT570+VFSC
$100MT4, MT560+ASIC

Titan FX and USGFX Comparison

Both of these brokers offer trading on a core group of markets on MetaTrader 4 (MT4) and MetaTrader 5 (MT5), the successor to MT4. Both allow automated trading. Each offers support for social and copy trading.

Titan FX is regulated by the VFSC in Vanuatu. USGFX is regulated by the ASIC in Australia.

ECN conditions

Both allow a range of trading styles, including scalping, automated trading and news trading. Each uses Equinix Data Centres, for high speed order transmission.

Quick comparison

Both offer trading on MT4 and MT5. Titan FX has Forex trading with a commission charge.

Minimum deposit and account types

The minimum deposit for Titan FX is $200. The minimum deposit for USGFX is $100.

  • 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).
  • USGFX offers four account types. These are Mini, Standard, VIP and Pro-ECN. The minimum deposit for the Mini account is $100, the minimum deposit for the Standard account is $10,000, and the minimum deposit for both the VIP and Pro-ECN accounts are $50,000. The different account types can offer lower spreads, with the lowest available on the VIP account. UGSFX support social and copy trading via ZuluTrade and Myfxbook. All account types have a minimum trade size of 0.01 lots.
  • USGFX provides Trading Central, the Recognia Trading System (which offers trading ideas), analysis, an economic calendar and an Education Center on its website with webinars, seminars, a trading guide and Blog and contests. A minimum deposit of $10,000 provides access to the Trader's Club which offers features including personalised coaching, market research and commentary, premium trading tools and services and structured education.

Markets

  • Titan FX offers Forex, Indices, Energy and Metals, with 70+ available.
  • USGFX offers Forex, Indices, Energy, Metals and Cryptocurrencies, with 60+ available.

Titan FX has 55+ Forex pairs. USGFX has 20+ Forex pairs.

Cryptocurrency CFDs

  • USGFX offers Bitcoin.

Leverage and spreads

Maximum leverage for Titan FX is 500:1. Maximum leverage for USGFX is 500:1, except on the Pro-ECN account where it is 100:1.

Titan FX provides Forex spreads from 0 plus a commission charge and from 1 without a commission charge. USGFX offers Forex spreads from 1.3 without a commission charge.

Commission charge

  • 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.
  • USGFX does not charge commissions for Forex or Precious Metals. It does charge commissions of $5 per lot per side for CFDs.

Online trading platforms

Both brokers offer MT4 and MT5.

Why Titan FX or USGFX ?

Traders who want to trade on MetaTrader 4 (MT4) and MetaTrader 5 (MT5) can use either broker. Only Titan FX offers ECN Forex spreads with a commission charge (USGFX is an STP/ECN broker which includes the mark up in the spread and can vary its spreads depending on the account types). Automated traders can trade at either broker, but some may prefer to trade on ECN accounts with a commission charge.

Comparison summary

  • Both offer CFD trading
  • Each provides MT4 and MT5
  • Both offer social and copy trading
  • USGFX does not charge Forex commissions
  • Titan FX provides Forex trading with a commission charge

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