| Online Broker | Minimum Deposit | Trading Platforms | Markets | About |
|---|---|---|---|---|
| FXCC | $100 Minimum Deposit | MT4 Trading Platform | 90+ Markets To Trade | FXCC provides trading on MT4, including its ECN XL account which provides spreads from 0 without a commission charge and allows automated trading About |
| Titan FX | $200 Minimum Deposit | MT4, MT5 Trading Platforms | 220+ Markets To Trade | Titan FX provides trading on MT4 and its successor MT5 (with rapid order processing) allowing styles such as automated trading, scalping and high frequency trading About |
FXCC and Titan FX Comparison
FXCC and Titan FX are both ECN brokers. Each offers MetaTrader 4 (MT4). Titan FX additionally provides MetaTrader 5 (MT5), the successor to MT4. FXCC can offer its ECN XL account, which has spreads with no mark-up or commission charge, T&Cs apply.
Unless the trader trades on the FXCC ECN Advanced account, with a large minimum deposit requirement, Titan FX offers more markets to trade and a wider range.
FXCC is regulated in Cyprus by the CySEC. Titan FX is regulated by the VFSC in Vanuatu.
Quick comparison
These are both ECN MT4 brokers. Titan FX additionally provides MT5.
Minimum deposit and account types
The minimum deposit for FXCC is $100 and the minimum deposit for Titan FX is $200.
- FXCC provides three account types. These are the ECN Standard account, the ECN XL account and the ECN Advanced account. FXCC's ECN XL account has a minimum deposit of $100, the ECN Standard account has a minimum deposit of $10,000 and the ECN Advanced account has a minimum deposit of $100,000. In some regions, there is only the ECN XL account, and it has no minimum deposit.
- All FXCC account types provide the MT4 platform, ECN/STP order execution, mobile trading, free technical analysis, SMS notifications, VPS, Economic Calendar and Trading Tools, allow Expert Advisors, scalping and hedging and provide a personal account manager. The ECN XL account additionally can offer zero commissions (T&Cs apply) and zero mark-up. The ECN Advanced account provides more markets to trade than the other account types (200+ vs 30). All trading styles are allowed at FXCC and a news feed and analysis is available on the website.
- 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 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).
Markets
- On the ECN Standard and the ECN XL account, FXCC offers 25+, covering Forex and Metals. On the ECN Advanced account, FXCC has 200+ markets.
- In some regions, FXCC offers 90+, covering Forex, Metals, Indices, Energy and Cryptocurrencies.
- Titan FX offers 220+, covering Forex, Metals, Indices, Energy, Cryptocurrencies, Soft Commodities and Stocks.
| Broker | Trading Platforms | Description |
|---|---|---|
| FXCC Broker | MT4 Trading Platform | FXCC provides MT4 and includes its ECN XL account, which has spreads from 0 without a commission charge Description |
| Titan FX Broker | MT4, MT5 Trading Platforms | Titan FX offers trading on MT4 and its successor MT5, allowing a wide range of trading styles including automated trading and scalping Description |
Spreads and leverage
Both brokers can offer low Forex spreads plus a commission charge. Titan FX can provide Forex spreads from 1 without a commission charge.
Maximum leverage for FXCC is . Maximum leverage for Titan FX is 1000:1.
Commissions
- FXCC's ECN XL account does not charge commissions.
- FXCC's ECN Standard account charges commissions of 0.75 pips per lot per side for Forex and $7.5 per lot per side for Metals.
- FXCC's ECN Advanced account charges commissions of 0.4 pips per lot per side for Forex and $4 per lot per side for Metals, Energy and Indices.
- 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 platforms
Both brokers provide MT4. Titan FX additionally provides MT5.
Why FXCC or Titan FX ?
Traders who want to trade on MetaTrader 4 (MT4) can do so at either broker. Traders who want to trade on MetaTrader 5 (MT5), the successor to MT4 can do so at Titan FX. Traders who want to trade on ECN accounts may do so at either broker. Traders who want to trade on an ECN account with no mark-up or commission charge, can do so at FXCC.
Comparison summary
- Both brokers provide CFD trading
- Each offers MT4
- Titan FX additionally provides MT5
- Both allow automated trading
- FXCC offer its ECN XL account, with no mark-up or commission charge
