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Titan Pro 500 Review – is titanpro500.com scam or good forex broker?
Titan Pro 500 is a Hungarian forex and CFD broker offering five account types with a leverage as high as 1:300 and a web based platform. Unfortunately the broker is not regulated so before investing any funds with them be sure to read this review first.
|Trading account||Min. deposit||Max. leverage||Spread|
|Basic Account||$250||1:300||3 pips|
Titan Pro 500 Advantages:
Leverage as high as 1:300
The obvious advantage with Titan Pro 500 is the high leverage they offer to their clients. Despite the associated risks, many traders actively seek to trade with higher leverage, especially after the regulators in Europe, the US, Japan and Canada capped the maximum leverage for retail traders well below 1:100.
Still, if you really want to risk your funds with higher leverage, here you may also check our list of brokers regulated in Australia, basically the only major market, where leverage levels remain unrestricted:
Titan Pro 500 and the company behind it – BAR Auditing Kft, are based in Hungary, but unfortunately they are not regulated by the Magyar Nemzeti Bank, the central bank, as they should be and that significantly diminished the reputation of the broker.
Bear in mind that all brokers, that want to target European customers should holed a legit license by an official EU financial regulator such as the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), or the Australian Securities and Investments Commission (ASIC).
And all EU regulated brokers are required to maintain at all times a minimum capital of at least 730 000 EUR, and to participate in client compensation funds, basically insuring your trading account.
For example with a FCA broker your funds will be insured for up to 85 000 GBP, so here you may check as well our list of brokers licensed by the British regulator:
Titan Pro 500 not a regulated broker and that is why your funds might be at risk. So here once again we will repeat our usual advise – chose only among brokers with legit licenses, issued by a well known and well respected regulator, such as the FCA in the UK, CySEC in Cyprus or ASIC in Australia.
FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.
Trading212 is a European broker with an excellent proprietary trading platform, which is now available as an iPhone app as well (we tried it out and we loved it). Trading 212’s customers enjoy fast execution a vast selection of trading instruments.
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XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.
FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.
FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.
FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.
FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.
HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage – one of the highest in the industry.
Traders` reviews for Titan Pro 500
500 United pro scammers
Try to withdraw and watch their masks fall off
Titan Pro 500 big con
Do not invest any cent with this con TitanPro500, they are fraudsters, thieves and you canвЂ™t get your money back, they are not registered with the company they use does not exist
The BAR Auditing KorlГЎtolt FelelЕ‘ssГ©gЕ± TГЎrsasГЎg вЂњkГ©nyszertГ¶rlГ©s alattвЂќ (1068 Budapest, KirГЎly utca 80.; tax number: 24381950-2-42, Cg.01-09-174279) is under forced deregistration procedure from 24 September 2020, but the company is not deleted yet.
They are fucking big con, they not stop calling you, I can’t withdrawal my money, scam and fraud makers. and help even to report them to uk police https://www.actionfraud.police.uk/
their bit coin 13uee3bZcQCG3FWAJ1HRwW6ppsEsYgdZwe
big con titanpro500
they can access and change password and use the money at any time, you can not withdraw any money from that account. When you discuss with them always force you to use that balance in the trading as they canвЂ™t refund and threaten with two options of either accepting loss or depositing more money best fraud makers
be aware of this company and make sure you claim your report to https://www.actionfraud.police.uk/
This company need to be shutdown they are still doing fraud
Do not invest they are a con
They are a big con they start of by saying you need to add more in even tho when you first start of with your 250 us over night you have 3000 us then they say you need to add so much more in so you can trade bigger do not add any more if you do like I did . then my 12000 that I added.in seemed good with in 2 months it said I.had 29000 then they said I needed to add. More they said if I add another 20.000 I would start making big money I said no then all of a sudden I get email saying if my account dropes below 21000 it shuts down then the so called trader said he was going to do something different haha over night 290000 turned into 12000 witch it says you can take 6000 nope you can’t withdraw at all and now well I’m.out 12000 witch I still have to pay the loan for do not fall for These asshole they are a big con
titan pro 500 is a scam
problems with verification
I had some problems with my account verification, it was soooo long, and this is the big problem, I think.
Titan Pro Scam
Do not deal with this comnpany unregulated and total scam there bank details are as follows do not send money
Use the below details to make an international wire payment. Make sure you include the reference below as it is shown.
Reference//Description// purpose of payment
Big problem with account money withdrawal.
It is a very bad broker. They are very bad person. You never withdraw your money from your trading account. I recomended please leave this broker as soon as possible.
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Titan Pro 500 Review: Is Titanpro500.com a Legit Broker?
TitanPro 500 Review: Is TitanPro 500 a legit broker or just another scam? How much do you know about titanpro500.com? Are they worth your while? Read our review to find out.
Titanpro500.com is the website of of a Forex and CFD brokerage. Although its location is in Budapest, it is a Hungarian company under the name of BAR Auditing Kft. We discovered that this brokerage was created in 2020. This brokerage claims to offer different types of account to suit the needs of potential traders. It provides advanced trading solutions on currency pairs, stocks, indices and many more.
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What TitanPro 500 Say They Offer
TitianPro 500 claims to offer traders, advanced tools and features that will, guarantee ease in the management of their accounts. In their website, we discovered that they offer a wide range of currency pairs. Free Forex consultation and access to research resources.
We also discovered, that they also offer a leverage of up to 1:300, tight spreads and commission free trading. They claim to offer tight security of funds, best trading signals and worthwhile bonuses
TitanPro 500 Trading Platform
TitanPro 500 claims to offer MetaTrader 4 trading platform but we were unable to verify this information. What we do know is that traders can trade with using the website. This is okay for beginners but expert traders require more than a basic platform to trade on.
TitanPro 500 Account Types
TitanPro 500 offers five different types of trading accounts to suit various needs. They are: Bronze, Silver, Gold, Platinum and Diamond accounts. They all have a leverage up to 1:300 and minimum deposit of $250. They offer one on one tutorials and Account Manager. Only the Diamond account offers private webinar with a professional and many more. Obviously, it is the best.
For more Information, visit the website
TitanPro 500 Withdrawal and Deposit Methods & Fees
This Brokerage’s only available method of both withdrawal and deposit is bank wire. Although it is a reliable method of fund transfer, it is very limiting.
The TitanPro 500 website does not reveal any withdrawal fee but banks do charge a fee for wiring money. We have no idea how long this brokerage takes to process withdrawal. We suspect that it may take 2-8 working days because of the nature of its only funding method.
Is TitanPro 500 Licensed?
Aside from the information we provided earlier about this brokerage’s owner and location, there is the issue of license. We were unable to discover any license given by the Hungarian authorities.
To reach TitanPro 500, you may call their customer support line:+442038684833,write a letter to their address which is 1068 Budapest, Kiraly ut.80 or send a mail to [email protected]
Like every other brokerage, TitanPro 500 comes with a certain amount of risk and we advise potential trader to exercise caution.
COMPARE WITH A TRUSTED BROKER
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