FXTM vs Titan FX Comparison

FXTM vs Titan FX ECN Forex Broker Comparison

FXTM versus Titan FX Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$5MT4, MT5250+FCA, CySEC, FSCA, FSC
$200MT470+VFSC

FXTM and Titan FX Comparison

Titan FX is an ECN broker which also provides an STP account. FXTM provides both ECN and instant execution Standard accounts. Thus Titan FX has a focus on the provision of no dealing desk execution trading, either STP or ECN, while FXTM offers both dealing and no dealing desk trading. Both brokers offer MT4, though FXTM also provides MT5 for ECN trading.

FXTM is regulated by the FCA in the United Kingdom, the CySEC in Cyprus and the FSC in Mauritius and is licensed by the FSCA in South Africa. Titan FX is regulated by the VFSC in Vanuatu.

Quick comparison

Titan FX in an ECN MT4 broker. FXTM offers MT4 and MT5 STP/ECN trading and also provides a range of instant execution account types.

Minimum deposit and account types

The minimum deposit for FXTM is $5 and for ECN trading is $200. The minimum deposit for Titan FX is $200.

  • FXTM provides three Standard accounts. These are the Standard, Cent and Shares accounts. The minimum deposit for the Cent account is $/€/£5 or ₦1,000 and the minimum deposit for the Standard and Shares account is $/€/£100 or ₦20,000. These are instant execution accounts (they are not no dealing desk). Micro lot trading is available for all account types. Scalping is allowed only on the ECN accounts. FXTM provides a range of tools, including signals, daily market analysis, news and an economic calendar.
  • FXTM offers a number of ECN accounts. There include the FXTM ECN Account, the ECN Zero, the FXTM ECN MT5, the Strategy Account, FXTM Pro and FXTM Pro MT5. The ECN and MT5 accounts charge commissions, the others do not. The minimum deposit for the ECN Zero account is $/€/£200 or ₦20 000, the minimum deposit for the FXTM ECN MT5 account is $/€/£500 or ₦20,000, the minimum deposit for the Strategy Account is $/€/£100 and the minimum deposit for the FXTM Pro accounts is $/€/£25,000 or ₦5,000,000.
  • The FXTM Pro accounts offer faster execution, lower spreads and higher liquidity and charge no commissions.
  • 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).

Account currencies

Account currencies for FXTM are: GBP, USD, EUR and NGN except for the Strategy account which is available in: GBP, USD and EUR. Account currencies for Titan FX are: USD, AUD, EUR, SGD and JPY.

Markets

  • FXTM can offer slightly different numbers of markets for each ECN account types, which can be between 35+ and 60+. The FXTM ECN account offers 60+. All the accounts provide Forex and Precious Metals, the FXTM ECN account can also offer Energy and Indices.
  • For the non-ECN accounts, FXTM can offer more markets on the Standard account, with 75+ covering Forex, Precious Metals, Energy and Indices. The Cent account offers less, at 25+, covering Forex and Precious Metals. FXTM also has a non-ECN account which provides 180+ Shares CFDs. The total is 250+ across all accounts.
  • Titan FX offers 70+, covering Forex pairs, Indices, Energy and Precious Metals.

Spreads and leverage

  • Spreads at FXTM are variable, and for EUR/USD are from 1.3 on the Standard account, 1.5 on the Cent account, 0.1 on the ECN account, 0.5 on the ECN Zero account, 0.2 on the FXTM ECN MT5 account, 0.3 on the Strategy account and 0 on the FXTM Pro accounts.
  • FXTM offers a typical spread of 5.0 (Standard) and 1.5 (ECN) for UK100, a minimum spread from .107 (Standard) and .05 (ECN) for Gold and a typical spread of 0.09 (Standard) and 0.04 (ECN) For US Oil. The Shares Account has spreads on Share CFDs from 0.1.
  • 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.

Maximum leverage for FXTM (FCA or CySEC regulated) is . Maximum leverage for Titan FX is 500:1.

Commissions

  • FXTM charges a commission starting at $2 per lot per side, depending on the equity in the account and the volume traded. There is no commission charged for the ECN Zero, Strategy or Pro accounts or the non-ECN accounts.
  • 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.

Platforms

Both brokers provide MT4. FXTM also provides MT5. These platforms are available on desktop, tablet and mobile.

Why FXTM or Titan FX ?

FXTM has a range of account types including STP/ECN, while Titan FX is an ECN broker. Both offer MT4 while FXTM also has MT5.

Comparison summary

  • FXTM offers both ECN and non-ECN accounts
  • Titan FX offers ECN and STP accounts
  • Both brokers allow scalping
  • While FXTM and Titan FX provide MT4, FXTM also offers an MT5 account
  • For a high minimum deposit, FXTM can provide low spreads with no commission charge
  • Both brokers offer variable spreads, with or without a commission charge
  • Each has MT4, FXT also offers MT5
  • For ECN trading they have the same minimum deposit (though for ECN trading with a commission charge, FXTM has a higher minimum deposit)
  • Titan FX uses Equinix infrastructure for high speed order transmission

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