NSFX vs Titan FX Comparison

NSFX vs Titan FX Broker Comparison

NSFX versus Titan FX
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$300MT4, JForex60+MFSA
$200MT470+VFSC

NSFX and Titan FX Comparison

Both of these brokers provide ECN trading accounts. NSFX provides ECN conditions for a higher minimum deposit, but offers fixed spreads on MT4 for a lower minimum deposit. Titan FX provides variable spreads, which can be ECN with a commission added or higher with no commission charge, for the same minimum deposit. Both offer MT4, while NSFX also provides JForex.

Both brokers allow scalping, hedging and EAs. NSFX is regulated in Malta by the MFSA. Titan FX is regulated by the VFSC in Vanuatu.

Quick comparison

Both offer MT4 ECN trading. NSFX has a higher minimum deposit for ECN trading, either on MT4 or JForex, however its Fixed Spread MT4 account has a minimum deposit closer to Titan FX.

Minimum deposit and account types

The minimum deposit for NSFX is $300 and the minimum deposit for TitanFX is $200.

  • NSFX offers three account types. These are the MT4 Fixed, MT4 ECN and JForex accounts. The minimum deposit for the MT4 Fixed account is $300, the minimum deposit for the MT4 ECN account is $3,000 and the minimum deposit for the JForex account is $5,000.
  • NSFX's MT4 Fixed account does not charge commissions, the MT4 ECN and JForex accounts do. On its website NSFX provides Trading Central along with analysis, news and an economic calendar and the NSFX academy which includes an FX Video Course, Trading Examples and Guides and a Forex eBook. Hedging is allowed on all three account types but only on the MT4 ECN and JForex accounts are EAs enabled and scalping allowed. An Islamic account is available.
  • 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. Titan FX offers markets analysis, economic news, self improvement articles for a 'Forex Lifestyle' and an economic calendar. Titan FX uses Equinix's NY4 New York 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

NSFX accounts are available in GBP, USD and EUR. Titan FX accounts are available in USD, AUD, EUR, SGD and JPY

Markets

  • NSFX offers 60+, covering Forex pairs, Indices, Energy and Precious Metals.
  • Titan FX offers 70+, covering Forex pairs, Indices, Energy and Precious Metals.

Spreads and leverage

  • Spreads at NSFX are fixed for the MT4 Fixed account and are 3 for EUR/USD, 0.60 for Gold (XAU/USD), 3 for UK100 and 0.06 for US Crude Oil
  • NSFX offers variable spreads for the MT4 ECN and JForex accounts, EUR/USD has an average spread of 0.4, Gold has an average spread of 0.09, UK100 has an average spread of 2 and US Crude Oil has an average ECN spread of 0.05.
  • 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 NSFX is . Maximum leverage for Titan FX is 500:1.

Commissions

  • NSFX's MT4 ECN and JForex accounts charge commissions of $8 per lot round trip (equivalent to $4 per lot per side).
  • 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. Titan FX also offers a web trader. NSFX additionally provides JForex. MT4 and JForex are available on desktop, tablet and mobile. Each broker offers micro lot trading.

Why NSFX or Titan FX ?

Both are ECN brokers, offering MT4. NSFX also has JForex and has a higher minimum depsoit to access ECN trading.

Comparison summary

  • NSFX provides fixed spreads without a commission charge
  • Titan FX offers STP/ECN variable spreads without a commission charge
  • NSFX and Titan FX provide low variable ECN spread with a commission charge
  • Titan FX has a lower minimum deposit to access low ECN spreads
  • NSFX offers more CFDs to trade
  • Titan FX offers higher leverage
  • Both brokers offer MT4, NSFX also provides JForex

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